Matters Capital LLC Buys 3,250 Shares of Apple Inc. $AAPL

Key Points

• Matters Capital LLC initiated a position in Apple by purchasing 3,250 shares worth approximately $941,000 during the second quarter. Institutional investors collectively own 67.73% of Apple’s outstanding stock.
• Apple reported quarterly EPS of $2.02, 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.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $340.14, though investors remain concerned about Apple’s elevated valuation and execution of its AI strategy.

Matters Capital LLC purchased a new position in shares of Apple Inc. (NASDAQ:AAPL - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 3,250 shares of the iPhone maker's stock, valued at approximately $941,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Nuveen LLC increased its position in shares of Apple by 3.8% during the fourth quarter. Nuveen LLC now owns 75,000,920 shares of the iPhone maker's stock worth $20,389,750,000 after purchasing an additional 2,725,121 shares in the last quarter. Amundi boosted its position in shares of Apple by 23.2% in the 1st quarter. Amundi now owns 73,082,616 shares of the iPhone maker's stock valued at $18,547,637,000 after purchasing an additional 13,780,080 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Apple by 1.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 58,554,032 shares of the iPhone maker's stock valued at $14,858,200,000 after purchasing an additional 979,832 shares during the period. Fisher Asset Management LLC grew its stake in Apple by 1.3% during the 4th quarter. Fisher Asset Management LLC now owns 55,146,752 shares of the iPhone maker's stock worth $14,992,196,000 after buying an additional 704,293 shares during the last quarter. Finally, Deutsche Bank AG purchased a new position in Apple during the 2nd quarter worth approximately $13,658,359,000. 67.73% of the stock is owned by hedge funds and other institutional investors.

Apple Trading Down 0.3%

NASDAQ AAPL opened at $335.92 on Friday. The stock has a market capitalization of $4.90 trillion, a P/E ratio of 38.52, a P/E/G ratio of 2.95 and a beta of 1.08. Apple Inc. has a 52-week low of $243.42 and a 52-week high of $345.34. The firm has a 50-day moving average price of $321.41 and a 200 day moving average price of $297.07. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 0.66.

Apple (NASDAQ:AAPL - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The iPhone maker reported $2.02 EPS for the quarter, beating analysts' consensus estimates of $1.89 by $0.13. Apple had a net margin of 27.62% and a return on equity of 135.46%. The firm had revenue of $109.42 billion during the quarter, compared to the consensus estimate of $109.04 billion. During the same quarter last year, the firm earned $1.57 earnings per share. The firm's revenue was up 16.4% compared to the same quarter last year. Equities research analysts expect that Apple Inc. will post 8.74 EPS for the current year.

Apple Dividend Announcement

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

Insider Buying and Selling at Apple

In related news, SVP Jennifer Newstead sold 2,399 shares of the company's stock in a transaction on Tuesday, September 22nd. The stock was sold at an average price of $340.06, for a total transaction of $815,803.94. Following the transaction, the senior vice president owned 44,391 shares of the company's stock, valued at $15,095,603.46. This represents a 5.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders sold 11,031 shares of company stock valued at $3,535,759 in the last quarter. 0.06% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of brokerages have weighed in on AAPL. Robert W. Baird boosted their price objective on Apple from $310.00 to $330.00 and gave the company an "outperform" rating in a research note on Friday, July 24th. Royal Bank Of Canada set a $365.00 target price on shares of Apple in a research report on Wednesday, July 15th. Arete Research lifted their target price on shares of Apple from $305.00 to $335.00 and gave the company a "buy" rating in a report on Wednesday, June 24th. DA Davidson reiterated a "neutral" rating and issued a $270.00 price target on shares of Apple in a research report on Wednesday, September 2nd. Finally, UBS Group reissued a "buy" rating on shares of Apple in a research report on Thursday, September 17th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Apple has an average rating of "Moderate Buy" and a consensus target price of $340.14.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Strong iPhone 18 demand supports near-term revenue. Long customer lines in India and sustained interest in the iPhone 18 Pro and Pro Max suggest Apple’s premium pricing has not materially weakened demand in a key growth market. However, regional trends are mixed, with China remaining a concern. Inside India newsletter: Apple set to take a bigger bite of the world's second-largest smartphone market
• Positive Sentiment: New hardware and possible AI expansion provide growth catalysts. Apple’s iPhone Duo foldable, M6 Mac mini and M5 Ultra Mac Studio are being positioned as evidence that the company can still generate product excitement. Reports that Apple may develop its own AI server chips could also improve control over infrastructure costs and AI performance. Could John Ternus’ Product Strategy Reshape Apple’s Next Growth Phase?
• Positive Sentiment: Analyst support remains favorable. JPMorgan reaffirmed a “buy” rating, while Bank of America maintained its “buy” rating and set a $370 target, implying further upside from recent levels. Apple analyst ratings
• Neutral Sentiment: Apple renewed Qualcomm’s global patent license agreement. The deal, effective April 1, 2027, removes a potential licensing uncertainty but also highlights Apple’s continuing relationship with Qualcomm for modem-related technology. Qualcomm, Apple extend licensing agreement for chips
• Negative Sentiment: Valuation and AI execution are major investor concerns. Commentators argue that AAPL’s large gains and roughly $4.9 trillion market capitalization leave limited room for disappointment, particularly if Apple’s AI products fail to match Meta’s rapidly advancing AI agents and wearables. Apple stock could be 32% overpriced after fresh AI cost warnings
• Negative Sentiment: Near-term execution issues add pressure. Reports of an iPhone 18 Pro reboot problem requiring a software update, Fitness+ layoffs and an executive’s stock sale may reinforce concerns about product quality, cost control and insider confidence. Apple says software update to fix iPhone 18 Pro rebooting bug is coming next week

Apple Profile

Apple Inc is a technology company that designs, develops and markets consumer electronics, software and digital services. Its principal products include the iPhone, Mac computers, iPad tablets, Apple Watch, AirPods and other accessories. The company also develops operating systems and applications that support its hardware products.

Apple's services business includes the App Store, Apple Music, Apple TV, Apple Arcade, Apple Fitness+, Apple News+, Apple Pay and iCloud. These services provide digital content, payments, cloud storage and subscription offerings across the company's ecosystem of devices.

Founded in 1976, Apple is headquartered in Cupertino, California, and serves consumers, businesses, educational institutions and government customers worldwide.

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