Apple Inc. $AAPL Stock: Mn Services Vermogensbeheer B.V. Raises Stake

Mn Services Vermogensbeheer B.V. boosted its position in Apple Inc. (NASDAQ:AAPL) by 6.9% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,870,967 shares of the iPhone maker’s stock after purchasing an additional 120,541 shares during the quarter. Apple comprises 4.5% of Mn Services Vermogensbeheer B.V.’s holdings, making the stock its 2nd biggest position. Mn Services Vermogensbeheer B.V.’s holdings in Apple were worth $617,281,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. State Street Corp raised its holdings in shares of Apple by 4.7% during the second quarter. State Street Corp now owns 630,662,494 shares of the iPhone maker’s stock valued at $182,897,769,000 after buying an additional 28,321,085 shares during the last quarter. Berkshire Hathaway Inc acquired a new position in shares of Apple during the second quarter worth approximately $65,950,297,000. Bank of America Corp DE bought a new position in Apple in the 2nd quarter worth approximately $36,986,090,000. Legal & General Group Plc bought a new position in Apple in the 2nd quarter worth approximately $30,443,242,000. Finally, Amundi increased its position in 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 acquiring an additional 13,780,080 shares during the period. 67.73% of the stock is owned by institutional investors and hedge funds.

More Apple News

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Apple’s $1,999 iPhone Duo reportedly sold out within minutes of preorders opening, with delivery estimates pushed into 2027. The response suggests strong pricing power and could establish a significant new premium product category. Apple blames extraordinary demand as foldable iPhones sell out
• Positive Sentiment: Evercore ISI said the iPhone Duo’s extended lead times support its Buy rating and $380 price target. Investors view the launch as a potential catalyst for higher average selling prices and iPhone revenue. Apple early iPhone demand supports Buy rating
• Positive Sentiment: Apple and Meta are collaborating to run Meta’s 816-billion-parameter Muse Spark Open AI model locally on high-end Macs. The partnership may strengthen Mac demand for AI workloads and improve Apple’s AI positioning without requiring a competing mega-scale model. Apple and Meta team up on AI
• Neutral Sentiment: UBS cautioned that iPhone demand could weaken, highlighting the risk that strong initial foldable-phone interest may not translate into sustained volume. Apple’s roughly $5 trillion valuation also leaves the stock dependent on continued execution.
• Negative Sentiment: UK regulators are preparing a legal fight that could require Apple to give competing payment providers access to technology behind Apple Pay’s tap-to-pay functionality. A forced opening could weaken the payments ecosystem and create compliance costs. Apple set for UK legal fight over tap-to-pay rules
• Negative Sentiment: Apple faces ongoing concerns about lagging rivals in AI infrastructure and advanced assistants. Reports that some iPhone 18 Pro component orders were reduced add to questions about future handset demand.
• Negative Sentiment: Senior Vice President Jennifer Newstead sold 2,399 shares worth approximately $828,000. The transaction is small relative to Apple’s size but represents another insider sale and may have modest signaling value.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Daiwa Securities Group lifted their target price on Apple from $325.00 to $335.00 and gave the company an “outperform” rating in a research note on Tuesday, August 11th. Barclays reissued an “underweight” rating and set a $245.00 price target (down from $253.00) on shares of Apple in a report on Friday, July 31st. HSBC restated a “buy” rating and set a $366.00 price objective on shares of Apple in a research note on Tuesday, September 8th. Raymond James Financial reaffirmed a “market perform” rating on shares of Apple in a report on Friday, July 31st. Finally, Citigroup reiterated a “buy” rating on shares of Apple in a research report on Thursday, September 10th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, fourteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $340.39.

Apple Stock Performance

Shares of NASDAQ AAPL opened at $343.46 on Friday. The stock has a fifty day moving average price of $325.83 and a two-hundred day moving average price of $306.16. 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 firm has a market cap of $5.01 trillion, a P/E ratio of 39.39, a PEG ratio of 2.72 and a beta of 1.07. Apple Inc. has a 1 year low of $243.42 and a 1 year high of $348.15.

Apple (NASDAQ:AAPL) last issued its quarterly earnings results on Thursday, July 30th. The iPhone maker reported $2.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.89 by $0.13. Apple had a return on equity of 135.46% and a net margin of 27.62%. The company had revenue of $109.42 billion for the quarter, compared to analysts’ expectations of $109.04 billion. During the same period last year, the firm earned $1.57 EPS. The firm’s revenue for the quarter was up 16.4% on a year-over-year basis. Research analysts forecast that Apple Inc. will post 8.75 EPS for the current fiscal year.

Apple Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 13th. Stockholders of record on Monday, August 10th were issued 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 dividend payout ratio is 12.39%.

Insider Transactions at Apple

In related news, CEO John Ternus sold 25,412 shares of the firm’s stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $332.94, for a total transaction of $8,460,671.28. Following the completion of the transaction, the chief executive officer owned 59,567 shares of the company’s stock, valued at $19,832,236.98. This trade represents a 29.90% 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, insider Timothy Cook sold 191,753 shares of Apple stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $332.96, for a total value of $63,846,078.88. Following the transaction, the insider directly owned 3,264,168 shares in the company, valued at approximately $1,086,837,377.28. The trade was a 5.55% 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. Over the last ninety days, insiders sold 281,782 shares of company stock worth $93,740,172. Corporate insiders own 0.06% of the company’s stock.

Apple Company Profile

Apple Inc designs, develops and sells 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 applications that support its hardware ecosystem.

Apple’s services business includes the App Store, Apple Music, Apple TV, Apple Arcade, iCloud, Apple Pay and other subscription, payment and digital-content offerings.