Trillium Asset Management LLC Takes $151 Million Position in Apple Inc. $AAPL

Key Points

• Trillium Asset Management acquired 521,841 Apple shares worth approximately $151 million, making Apple its third-largest holding and about 4.6% of its portfolio. Institutional investors collectively own 67.73% of Apple.
• Apple reported stronger-than-expected quarterly results, with $2.02 in earnings per share and $109.42 billion in revenue, while analysts maintain a “Moderate Buy” consensus and a $340.14 average price target.
• Investor sentiment is supported by expectations for a strong iPhone upgrade cycle and growing ecosystem adoption, but risks include premium pricing, high valuation, mixed early demand indicators, labor disruptions and regulatory scrutiny.

Trillium Asset Management LLC bought a new position in shares of Apple Inc. (NASDAQ:AAPL - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 521,841 shares of the iPhone maker's stock, valued at approximately $151,000,000. Apple comprises about 4.6% of Trillium Asset Management LLC's portfolio, making the stock its 3rd biggest holding.

A number of other large investors have also added to or reduced their stakes in the business. Longfellow Investment Management Co. LLC acquired a new stake in shares of Apple during the 2nd quarter worth about $30,000. Lifetime Wealth Management P.C. bought a new position in Apple in the 4th quarter valued at about $41,000. Ascentis Wealth Management LLC raised its holdings in Apple by 822.7% in the 2nd quarter. Ascentis Wealth Management LLC now owns 292,493 shares of the iPhone maker's stock valued at $85,000 after acquiring an additional 260,792 shares during the period. Basso Capital Management L.P. bought a new stake in shares of Apple during the fourth quarter worth approximately $88,000. Finally, Bard Associates Inc. acquired a new position in shares of Apple in the fourth quarter valued at approximately $109,000. Institutional investors own 67.73% of the company's stock.

Insiders Place Their Bets

In related news, SVP Jennifer Newstead sold 1,438 shares of the business's stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $330.19, for a total value of $474,813.22. Following the completion of the sale, the senior vice president directly owned 32,914 shares of the company's stock, valued at $10,867,873.66. The trade was a 4.19% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 8,632 shares of company stock valued at $2,719,955 over the last ninety days. Insiders own 0.06% of the company's stock.

Key Stories Impacting Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Evercore ISI raised its Apple price target to $380 from $365 and maintained an outperform view. A survey of roughly 4,000 consumers indicated a potentially stronger-than-expected iPhone upgrade cycle and a higher average selling price. iPhone 18 Pro Hits Stores Today
• Positive Sentiment: iPhone 18 Pro sales are supported by carrier trade-in promotions. Bank of America said incentives can offset the $100 price increase, reducing the risk that higher prices will weaken demand. Apple’s iPhone 18 Lineup Keeps Bank of America Bullish
• Positive Sentiment: Apple’s ecosystem is gaining additional reach. General Motors plans to restore Apple CarPlay after consumer backlash, while Apple is reportedly preparing an Apple Pay launch in India with Axis Bank. These developments could support services engagement and ecosystem adoption. GM Is Re-downloading Apple CarPlay
• Neutral Sentiment: Initial iPhone 18 Pro demand indicators are mixed. Quick-commerce shortages in India suggest strong localized demand, but UBS cited muted wait times in several major markets. Investors are also assessing whether customers may delay purchases for Apple’s roughly $1,999 foldable iPhone Duo. Apple iPhone 18 Seeing Muted Initial Wait Times
• Negative Sentiment: Risks include premium pricing, valuation and regulatory pressure. Analysts warn that expensive devices could limit adoption in price-sensitive markets such as India. More than 1,600 Italian Apple store employees also struck on launch day, while Apple continues to challenge a potential UK encryption backdoor order and faces European legal scrutiny. Italian Apple Store Employees Strike

Apple Stock Performance

Shares of AAPL stock opened at $336.13 on Monday. The business's 50-day moving average price is $320.24 and its 200-day moving average price is $294.90. Apple Inc. has a 12 month low of $240.21 and a 12 month high of $344.57. The firm has a market capitalization of $4.91 trillion, a price-to-earnings ratio of 38.55, a PEG ratio of 2.92 and a beta of 1.08. The company has a current ratio of 1.00, a quick ratio of 0.93 and a debt-to-equity ratio of 0.66.

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

Apple Dividend Announcement

The business 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 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, August 10th. Apple's dividend payout ratio (DPR) is presently 12.39%.

Wall Street Analyst Weigh In

AAPL has been the topic of a number of research reports. Argus upped their price objective on Apple from $325.00 to $375.00 in a report on Monday, June 8th. Citigroup restated a "buy" rating on shares of Apple in a research note on Thursday, September 10th. Rosenblatt Securities reaffirmed a "neutral" rating and set a $303.00 price target on shares of Apple in a research report on Thursday, September 10th. DA Davidson reissued a "neutral" rating and issued a $270.00 price objective on shares of Apple in a report on Wednesday, September 2nd. Finally, Evercore set a $380.00 target price on shares of Apple and gave the stock an "outperform" rating in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $340.14.

Apple Company 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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