Magnolia Capital Management Ltd. Has $7.40 Million Holdings in Apple Inc. $AAPL

Key Points

• Magnolia Capital Management reduced its Apple stake by 23.3% in the second quarter, selling 7,776 shares and retaining 25,578 shares valued at approximately $7.4 million. Apple remains 5.1% of the firm’s portfolio and its fifth-largest holding.
• Apple reported quarterly earnings of $2.02 per share, beating estimates of $1.89, while revenue rose 16.4% year over year to $109.42 billion. The company also declared a quarterly dividend of $0.27 per share.
• Analysts maintain a “Moderate Buy” consensus on Apple, with an average price target of $330.53, while the stock traded near $314.58 and carried a relatively high P/E ratio of 36.08.

Magnolia Capital Management Ltd. cut its stake in Apple Inc. (NASDAQ:AAPL - Free Report) by 23.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 25,578 shares of the iPhone maker's stock after selling 7,776 shares during the period. Apple makes up 5.1% of Magnolia Capital Management Ltd.'s holdings, making the stock its 5th largest position. Magnolia Capital Management Ltd.'s holdings in Apple were worth $7,401,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Lifetime Wealth Management P.C. acquired a new position in shares of Apple in the fourth quarter worth approximately $41,000. ROSS JOHNSON & Associates LLC increased its holdings in Apple by 1,800.0% during the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker's stock worth $42,000 after buying an additional 180 shares during the last quarter. LSV Asset Management purchased a new stake in Apple in the 4th quarter worth about $65,000. Timmons Wealth Management LLC bought a new position in shares of Apple in the fourth quarter worth $69,000. Finally, Inspire Investing LLC purchased a new stake in Apple in the 4th quarter worth approximately $76,000. 67.73% of the stock is owned by institutional investors.

Apple Trading Up 0.4%

Shares of AAPL stock opened at $314.58 on Friday. The business's fifty day moving average price is $311.80 and its 200 day moving average price is $288.21. The firm has a market capitalization of $4.59 trillion, a PE ratio of 36.08, a P/E/G ratio of 2.69 and a beta of 1.09. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.00 and a quick ratio of 0.93. Apple Inc. has a 1-year low of $225.95 and a 1-year high of $344.57.

Apple (NASDAQ:AAPL - Get Free Report) last issued its earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share for the quarter, topping the consensus estimate of $1.89 by $0.13. Apple had a net margin of 27.62% and a return on equity of 135.46%. The company had revenue of $109.42 billion for the quarter, compared to analyst estimates of $109.04 billion. During the same period in the prior year, the business posted $1.57 earnings per share. The firm's revenue for the quarter was up 16.4% compared to the same quarter last year. As a group, sell-side analysts forecast that Apple Inc. will post 8.76 EPS for the current fiscal year.

Apple Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Monday, August 10th were issued a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, August 10th. Apple's dividend payout ratio is 12.39%.

Wall Street Analyst Weigh In

AAPL has been the topic of a number of recent research reports. UBS Group reiterated a "neutral" rating on shares of Apple in a research report on Friday, July 31st. Rothschild & Co Redburn set a $400.00 target price on shares of Apple and gave the company a "buy" rating in a research note on Monday, August 17th. Weiss Ratings raised shares of Apple from a "buy (b-)" rating to a "buy (b)" rating in a report on Monday, August 3rd. Robert W. Baird boosted their target price on Apple from $310.00 to $330.00 and gave the stock an "outperform" rating in a research report on Friday, July 24th. Finally, Royal Bank Of Canada set a $365.00 price target on Apple in a research note on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have issued a Hold rating and four have assigned a Sell rating to the company's stock. Based on data from MarketBeat, Apple currently has a consensus rating of "Moderate Buy" and an average target price of $330.53.

Insider Activity

In other news, SVP Jennifer Newstead sold 1,439 shares of the stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $310.95, for a total value of $447,457.05. Following the sale, the senior vice president directly owned 37,229 shares in the company, valued at $11,576,357.55. This represents a 3.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Ben Borders sold 116 shares of Apple stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $295.14, for a total value of $34,236.24. Following the transaction, the insider owned 38,713 shares of the company's stock, valued at $11,425,754.82. This represents a 0.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 4,433 shares of company stock worth $1,367,024 in the last ninety days. Insiders own 0.06% of the company's stock.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple’s September 9 product event will be the first major launch under incoming CEO John Ternus. Investors expect the iPhone 18 lineup, Apple Watch updates and potentially Apple’s first foldable iPhone. IDC reportedly expects more than 10 million foldable iPhone shipments in the first year, creating a potential new growth category. Apple sets Sept. 9 date for next iPhone launch event
• Positive Sentiment: New Mac mini and Mac Studio models using M6 and M5 Ultra chips are being positioned for demanding AI workloads. Improved on-device AI performance could support Mac upgrades and strengthen Apple’s appeal among developers, potentially expanding hardware and services revenue. Apple’s AI Mac Push Could Spark New Opportunities
• Positive Sentiment: Recent iPhone momentum remains constructive: global shipments reportedly rose 13% in the second quarter, aided by iPhone 17 demand and stable pricing. Apple’s latest earnings beat and strong profitability also provide fundamental support for the stock. iPhone Buyers Rush in Before Potential Apple Price Increases
• Neutral Sentiment: The CEO transition is now an immediate catalyst and risk. Ternus’s product-design background may reassure investors, but the rapid succession from leadership change to a major iPhone launch leaves little time to establish credibility.
• Negative Sentiment: Apple is cutting roughly 147–150 positions across Siri, machine-learning and Vision Pro teams while reorganizing around AI. Management may view the reductions as strategic pruning, but investors could interpret them as evidence that Apple’s AI effort and Siri reliability remain behind expectations. Apple’s rare Bay Area layoffs hit Vision Pro and Siri teams amid AI shake-up
• Negative Sentiment: Apple’s valuation leaves less room for disappointment, with a reported price-to-earnings ratio above 36. Analysts and commentators continue to question whether AI growth and future products justify the premium after the stock’s substantial rally.
• Negative Sentiment: Senior Vice President Jennifer Newstead sold 1,439 shares worth approximately $447,000, reducing her direct holdings by 3.72%. The transaction is small relative to Apple’s market capitalization and may be routine, but insider selling can weigh modestly on sentiment. SEC Form 4 filing

Apple Company Profile

Apple Inc NASDAQ: AAPL is a multinational technology company headquartered in Cupertino, California, founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. The company designs, develops and sells consumer electronics, software and services. Over its history Apple has evolved from personal computers to a broad portfolio that spans mobile devices, wearables, home entertainment and digital services.

Apple's principal hardware products include the iPhone smartphone, iPad tablet, Mac personal computers, Apple Watch wearable devices and a range of accessories such as AirPods and HomePod.

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