Sage Capital Advisors llc Lowers Holdings in Apple Inc. $AAPL

Sage Capital Advisors llc lowered its position in shares of Apple Inc. (NASDAQ:AAPL) by 2.0% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 142,681 shares of the iPhone maker’s stock after selling 2,934 shares during the quarter. Apple comprises 8.6% of Sage Capital Advisors llc’s holdings, making the stock its biggest position. Sage Capital Advisors llc’s holdings in Apple were worth $41,286,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Rainier Family Wealth Inc. lifted its stake in Apple by 14.1% in the 1st quarter. Rainier Family Wealth Inc. now owns 24,386 shares of the iPhone maker’s stock worth $6,189,000 after purchasing an additional 3,014 shares in the last quarter. Eaton Cambridge Inc. increased its holdings in shares of Apple by 21.3% in the first quarter. Eaton Cambridge Inc. now owns 13,968 shares of the iPhone maker’s stock worth $3,545,000 after purchasing an additional 2,450 shares during the last quarter. Torren Management LLC bought a new position in Apple during the fourth quarter valued at approximately $1,178,000. Summit Wealth Partners LLC grew its holdings in Apple by 108.3% during the 1st quarter. Summit Wealth Partners LLC now owns 34,989 shares of the iPhone maker’s stock valued at $8,880,000 after buying an additional 18,188 shares in the last quarter. Finally, Adventist Health System Sunbelt Healthcare Corp bought a new stake in Apple in the 4th quarter worth approximately $105,482,000. Institutional investors own 67.73% of the company’s stock.

Apple Price Performance

Shares of AAPL stock opened at $313.45 on Thursday. The stock’s 50-day moving average is $311.47 and its 200 day moving average is $287.95. Apple Inc. has a 1-year low of $225.95 and a 1-year high of $344.57. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.00 and a quick ratio of 0.93. The company has a market cap of $4.57 trillion, a P/E ratio of 35.95, a PEG ratio of 2.65 and a beta of 1.09.

Apple (NASDAQ:AAPL) last released its quarterly earnings results on Thursday, July 30th. The iPhone maker reported $2.02 EPS for the quarter, beating the consensus estimate of $1.89 by $0.13. Apple had a net margin of 27.62% and a return on equity of 135.46%. The business had revenue of $109.42 billion during the quarter, compared to analyst estimates of $109.04 billion. During the same period in the prior year, the firm posted $1.57 earnings per share. The company’s quarterly revenue was up 16.4% on a year-over-year basis. Research analysts predict that Apple Inc. will post 8.76 earnings per share for the current fiscal year.

Apple Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Investors of record on Monday, August 10th were given a dividend of $0.27 per share. The ex-dividend date of this dividend was Monday, August 10th. This represents a $1.08 dividend on an annualized basis and a yield of 0.3%. Apple’s dividend payout ratio is presently 12.39%.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Barclays reiterated an “underweight” rating and set a $245.00 target price (down from $253.00) on shares of Apple in a research report on Friday, July 31st. DZ Bank downgraded shares of Apple from a “buy” rating to a “hold” rating and set a $310.00 price target on the stock. in a research note on Tuesday, August 4th. Citigroup reiterated a “buy” rating and set a $365.00 price objective (up from $315.00) on shares of Apple in a research report on Monday, July 13th. Raymond James Financial restated a “market perform” rating on shares of Apple in a research report on Friday, July 31st. Finally, Royal Bank Of Canada set a $365.00 price objective on Apple in a research note on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $330.53.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

• Positive Sentiment: Foldable iPhone could create a major new growth category. IDC expects Apple to ship more than 10 million foldable iPhones in the first year and over 17 million by 2027. The projections have strengthened expectations that the premium device could reignite iPhone growth and support Apple’s pricing power. IDC foldable iPhone shipment forecast
• Positive Sentiment: Apple confirmed its next iPhone launch for September 9. Analysts expect new iPhones and Apple Watches, with the long-rumored foldable model potentially serving as the event’s headline product. The launch will also be the first major iPhone presentation under incoming CEO John Ternus, increasing investor attention around Apple’s product pipeline. Apple September 9 iPhone event
• Positive Sentiment: New Macs expand Apple’s AI opportunity. The updated Mac mini and Mac Studio use the M6 and M5 Ultra chips, adding faster on-device AI performance and capacity to run larger models locally. This could increase Mac demand among developers and enterprise users while reinforcing Apple’s capital-light approach to artificial intelligence. Apple AI Mac upgrades
• Neutral Sentiment: Analysts remain constructive but acknowledge valuation risk. Apple’s profitability, premium brand and loyal customer base support bullish long-term forecasts, including a $365 price target from Evercore ISI. However, with a market capitalization above $4 trillion and a price-to-earnings ratio near 36, further gains likely depend on strong product execution and sustained earnings growth. Evercore Apple price target
• Negative Sentiment: Higher hardware prices and China-related risks could pressure demand and margins. The new Mac mini starts at $899, while memory and silicon shortages may push prices higher. Apple also continues to rely on Chinese technology partners for certain China-market AI services, exposing it to regulatory and geopolitical uncertainty. Apple Mac pricing and AI strategy

Insider Buying and Selling

In other Apple news, SVP Jennifer Newstead sold 1,439 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $307.49, for a total value of $442,478.11. Following the completion of the sale, the senior vice president directly owned 38,668 shares in the company, valued at $11,890,023.32. This trade represents a 3.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Ben Borders sold 116 shares of Apple stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $295.14, for a total transaction of $34,236.24. Following the completion of the transaction, the insider directly owned 38,713 shares in the company, valued at $11,425,754.82. This represents a 0.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 2,994 shares of company stock valued at $919,567 in the last three months. 0.06% of the stock is currently owned by corporate insiders.

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.