Coppell Advisory Solutions LLC reduced its position in Apple Inc. (NASDAQ:AAPL – Free Report) by 32.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 42,130 shares of the iPhone maker’s stock after selling 20,424 shares during the quarter. Coppell Advisory Solutions LLC’s holdings in Apple were worth $122,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. MBA Advisors LLC lifted its stake in Apple by 1.0% in the second quarter. MBA Advisors LLC now owns 16,283 shares of the iPhone maker’s stock valued at $4,712,000 after buying an additional 163 shares during the period. Emergent Wealth Advisors LLC increased its stake in shares of Apple by 6.0% in the 2nd quarter. Emergent Wealth Advisors LLC now owns 4,816 shares of the iPhone maker’s stock valued at $1,396,000 after acquiring an additional 274 shares in the last quarter. PFG Private Wealth Management LLC increased its stake in shares of Apple by 8.6% in the 2nd quarter. PFG Private Wealth Management LLC now owns 6,613 shares of the iPhone maker’s stock valued at $1,913,000 after acquiring an additional 524 shares in the last quarter. XML Financial LLC lifted its position in shares of Apple by 0.7% during the 2nd quarter. XML Financial LLC now owns 115,961 shares of the iPhone maker’s stock valued at $33,554,000 after acquiring an additional 835 shares during the period. Finally, Beacon Financial Advisory LLC lifted its position in shares of Apple by 1.5% during the 2nd quarter. Beacon Financial Advisory LLC now owns 36,429 shares of the iPhone maker’s stock valued at $10,541,000 after acquiring an additional 548 shares during the period. Institutional investors own 67.73% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of analysts recently commented on AAPL shares. Loop Capital set a $380.00 target price on Apple in a research report on Friday, September 18th. Sanford C. Bernstein restated an “outperform” rating on shares of Apple in a report on Friday, September 25th. Royal Bank Of Canada set a $365.00 target price on Apple in a report on Wednesday, July 15th. Piper Sandler started coverage on Apple in a research report on Monday, August 17th. They set an “overweight” rating on the stock. Finally, Phillip Securities increased their price target on Apple from $290.00 to $300.00 and gave the company a “neutral” rating in a research report on Monday, September 14th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Apple presently has a consensus rating of “Moderate Buy” and an average target price of $340.02.
Read Our Latest Analysis on Apple
Apple Stock Performance
NASDAQ AAPL opened at $333.69 on Friday. Apple Inc. has a 52-week low of $243.42 and a 52-week high of $345.34. The company has a 50-day simple moving average of $322.16 and a 200 day simple moving average of $300.01. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.93 and a current ratio of 1.00. The company has a market capitalization of $4.87 trillion, a PE ratio of 38.27, a price-to-earnings-growth ratio of 2.66 and a beta of 1.07.
Apple (NASDAQ:AAPL – Get Free Report) last released its earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share 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 for the quarter, compared to analysts’ expectations of $109.04 billion. During the same period in the previous year, the company earned $1.57 earnings per share. The company’s quarterly revenue was up 16.4% on a year-over-year basis. On average, research analysts predict that Apple Inc. will post 8.75 EPS for the current year.
Apple Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Shareholders 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 annualized dividend and a dividend yield of 0.3%. Apple’s payout ratio is presently 12.39%.
More Apple News
Here are the key news stories impacting Apple this week:
- Positive Sentiment: Apple is launching new safeguards designed to protect its devices from probing AI agents. The move may strengthen user trust and help preserve Apple’s security-focused ecosystem as agentic AI becomes more prominent. Apple Launches New Safeguards Against AI Agents
- Positive Sentiment: The fall product cycle remains a near-term tailwind. Morgan Stanley modestly raised its revenue forecast after Apple’s launches, while Counterpoint reportedly expects about 6 million sales of the $1,999 foldable iPhone Duo this year. New Apple Watch health features and potential smart-home products could also broaden the company’s ecosystem. Apple’s Fall Product Cycle Could Support Revenue Growth
- Neutral Sentiment: Morgan Stanley maintained an Overweight rating but lowered its price target to $355 from $360. Higher memory and component costs, along with possible iPhone pricing pressure, are offsetting much of the expected product-revenue benefit. Morgan Stanley Adjusts Price Target on Apple
- Negative Sentiment: A jury’s $5.7 billion patent verdict against Apple has raised concerns about potential ongoing royalties and pressure on hardware margins. Apple’s $5.7 Billion Patent Verdict Raises a Bigger Royalty Question
- Negative Sentiment: Investors remain worried that AI agents from rivals such as Meta could bypass the App Store and weaken Apple’s high-margin services business. Analysts also see limited upside after Apple’s strong run and its relatively rich valuation.
- Negative Sentiment: Senior Vice President Jennifer Newstead sold 2,399 shares valued at approximately $806,496, reducing her direct holdings by 5.4%. The transaction is small relative to her remaining stake but adds modest insider-selling pressure. Apple Insider Transaction Filing
Insider Activity
In related news, SVP Jennifer Newstead sold 2,399 shares of the business’s stock in a transaction dated Tuesday, September 29th. The stock was sold at an average price of $336.18, for a total value of $806,495.82. Following the sale, the senior vice president directly owned 41,992 shares in the company, valued at approximately $14,116,870.56. The trade was a 5.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders sold 13,430 shares of company stock valued at $4,342,255 in the last 90 days. Insiders own 0.06% of the company’s stock.
Apple Profile
Apple Inc is a technology company that designs, develops and markets consumer electronics, software and digital services. Its best-known products include the iPhone smartphone, Mac personal computers, iPad tablets, Apple Watch, AirPods and other accessories. The company also develops operating systems and software platforms, including iOS, macOS, iPadOS, watchOS and visionOS.
Apple’s services business includes the App Store, Apple Music, Apple TV+, Apple Arcade, Apple News+, Apple Fitness+ and iCloud.
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