Meadowbrook Wealth Management LLC Acquires 8,890 Shares of Apple Inc. $AAPL

Key Points

• Meadowbrook Wealth Management nearly doubled its Apple position in the second quarter, adding 8,890 shares to hold 18,289 shares worth approximately $5.29 million. Apple now represents 5.7% of the firm's portfolio and is its fourth-largest holding.
• Institutional ownership remains substantial at 67.73%, with several other investment firms also increasing their Apple stakes during the quarter.
• Apple’s outlook is mixed: analysts maintain a “Moderate Buy” consensus with a $330.53 target, while potential Services-margin pressure from EU App Store changes and cautionary positions from some investors remain risks.

Meadowbrook Wealth Management LLC lifted its holdings in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 94.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 18,289 shares of the iPhone maker's stock after purchasing an additional 8,890 shares during the period. Apple accounts for about 5.7% of Meadowbrook Wealth Management LLC's portfolio, making the stock its 4th largest position. Meadowbrook Wealth Management LLC's holdings in Apple were worth $5,292,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in AAPL. Boltwood Capital Management lifted its position in Apple by 2.8% during the 2nd quarter. Boltwood Capital Management now owns 38,842 shares of the iPhone maker's stock worth $11,239,000 after buying an additional 1,060 shares in the last quarter. Box Hill Private Wealth LLC raised its stake in shares of Apple by 10.3% in the second quarter. Box Hill Private Wealth LLC now owns 10,551 shares of the iPhone maker's stock worth $3,053,000 after acquiring an additional 989 shares during the last quarter. Asset Management Advisors LLC lifted its position in shares of Apple by 2.3% during the second quarter. Asset Management Advisors LLC now owns 34,343 shares of the iPhone maker's stock worth $9,937,000 after purchasing an additional 760 shares in the last quarter. Diesslin Group Inc. lifted its position in shares of Apple by 1.2% during the second quarter. Diesslin Group Inc. now owns 14,993 shares of the iPhone maker's stock worth $4,338,000 after purchasing an additional 181 shares in the last quarter. Finally, Cedar Mountain Advisors LLC grew its stake in shares of Apple by 3.3% during the second quarter. Cedar Mountain Advisors LLC now owns 10,453 shares of the iPhone maker's stock valued at $3,025,000 after purchasing an additional 330 shares during the last quarter. 67.73% of the stock is owned by institutional investors.

Key Stories Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple will replace the European Union’s controversial per-install Core Technology Fee with a simpler 5% commission on digital transactions for apps distributed outside the App Store or through alternative marketplaces. The changes, effective October 1, are intended to resolve disputes related to the EU’s Digital Markets Act and reduce regulatory uncertainty. Apple overhauls Europe app store fees to resolve payments clash
• Positive Sentiment: Apple is also making it easier for developers to operate alternative app stores in Europe. Investors may view the settlement as removing a persistent overhang and avoiding potentially larger penalties or prolonged legal battles. Apple overhauls its EU App Store fees, loosens rules for alternative app stores
• Positive Sentiment: Rothschild & Co. Redburn upgraded Apple from “Hold” or “Neutral” to “Buy” and raised its price target to $400 from $260. The bullish case centers on a potential premium foldable iPhone—modeled at roughly 14 million units priced near $2,199—and a possible improvement in Apple’s artificial-intelligence strategy. Could Apple stock jump 30%? This Nvidia AI bet may hold the key
• Neutral Sentiment: The new EU terms may improve developer relations and compliance, but the lower and broader commission structure could reduce App Store economics over time. Apple has acknowledged that antitrust actions and new rules are beginning to weigh on its approximately $100 billion Services business. Antitrust attacks start to bite into Apple’s Services business
• Negative Sentiment: Appaloosa Management, led by David Tepper, disclosed put positions referencing about 835,000 Apple shares. The position signals caution toward AAPL’s valuation and growth outlook, although it is an individual investor’s trade rather than a fundamental change. Billionaire David Tepper Is Short Apple
• Negative Sentiment: U.S. officials reportedly urged Apple not to purchase memory chips from Chinese suppliers. Complying could raise component costs or constrain sourcing flexibility as AI demand tightens memory supply, creating a potential margin headwind. Market Chatter: Apple May Buy Chinese Memory Chips Despite US Request

Insider Buying and Selling

In other Apple news, insider Ben Borders sold 116 shares of Apple stock in a transaction that occurred on Tuesday, June 16th. The shares were 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 approximately $11,425,754.82. The trade was a 0.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Jennifer Newstead sold 1,439 shares of the business's stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $307.75, for a total transaction of $442,852.25. Following the completion of the sale, the senior vice president directly owned 40,107 shares in the company, valued at $12,342,929.25. This represents a 3.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.06% of the company's stock.

Apple Price Performance

AAPL opened at $310.03 on Wednesday. The stock has a market cap of $4.52 trillion, a P/E ratio of 35.55, a P/E/G ratio of 2.62 and a beta of 1.09. Apple Inc. has a 12 month low of $223.78 and a 12 month high of $344.57. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 0.66. The company has a fifty day simple moving average of $309.45 and a 200 day simple moving average of $286.11.

Apple (NASDAQ:AAPL - Get Free Report) last posted its earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.89 by $0.13. The firm had revenue of $109.42 billion during the quarter, compared to analysts' expectations of $109.04 billion. Apple had a return on equity of 135.46% and a net margin of 27.62%.The company's revenue was up 16.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.57 earnings per share. On average, research analysts expect that Apple Inc. will post 8.76 EPS for the current year.

Apple Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Wells Fargo & Company restated an "overweight" rating and set a $350.00 target price (up from $310.00) on shares of Apple in a research report on Friday, July 31st. China Renaissance cut Apple from a "buy" rating to a "hold" rating and set a $280.00 price target on the stock. in a report on Tuesday, August 4th. HSBC upgraded Apple from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $260.00 to $366.00 in a research report on Thursday, July 16th. KeyCorp reissued an "underweight" rating and set a $250.00 price objective on shares of Apple in a report on Tuesday, July 28th. Finally, DZ Bank downgraded shares of Apple from a "buy" rating to a "hold" rating and set a $310.00 target price on the stock. in a research report on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twelve have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $330.53.

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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