BFI Infinity Ltd. raised its holdings in shares of Apple Inc. (NASDAQ:AAPL – Free Report) by 1,516.4% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 14,548 shares of the iPhone maker’s stock after acquiring an additional 13,648 shares during the period. Apple comprises about 1.3% of BFI Infinity Ltd.’s portfolio, making the stock its 14th largest holding. BFI Infinity Ltd.’s holdings in Apple were worth $4,210,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. First National Bank of Hutchinson increased its stake in Apple by 24.6% in the 4th quarter. First National Bank of Hutchinson now owns 35,319 shares of the iPhone maker’s stock worth $8,845,000 after purchasing an additional 6,982 shares during the period. Eagle Capital Management LLC boosted its stake in shares of Apple by 0.5% during the fourth quarter. Eagle Capital Management LLC now owns 54,085 shares of the iPhone maker’s stock valued at $13,544,000 after purchasing an additional 272 shares during the period. Brighton Jones LLC boosted its stake in shares of Apple by 14.8% during the fourth quarter. Brighton Jones LLC now owns 537,314 shares of the iPhone maker’s stock valued at $134,554,000 after purchasing an additional 69,207 shares during the period. Revolve Wealth Partners LLC grew its holdings in shares of Apple by 4.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 66,857 shares of the iPhone maker’s stock worth $16,742,000 after purchasing an additional 2,695 shares during the last quarter. Finally, Highview Capital Management LLC DE increased its stake in shares of Apple by 2.4% in the fourth quarter. Highview Capital Management LLC DE now owns 50,264 shares of the iPhone maker’s stock worth $12,587,000 after buying an additional 1,155 shares during the period. 67.73% of the stock is owned by institutional investors.
Apple News Summary
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
Wall Street Analyst Weigh In
View Our Latest Report on AAPL
Apple Trading Up 1.1%
NASDAQ:AAPL opened at $313.45 on Thursday. The company has a 50-day moving average price of $311.47 and a 200-day moving average price of $287.95. Apple Inc. has a 12 month low of $225.95 and a 12 month high of $344.57. The company has a current ratio of 1.00, a quick ratio of 0.93 and a debt-to-equity ratio of 0.66. The stock has a market cap of $4.57 trillion, a price-to-earnings ratio of 35.95, a P/E/G ratio of 2.65 and a beta of 1.09.
Apple (NASDAQ:AAPL – Get Free Report) last announced 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 net margin of 27.62% and a return on equity of 135.46%. The company had revenue of $109.42 billion for the quarter, compared to analysts’ expectations of $109.04 billion. During the same quarter in the previous year, the company earned $1.57 earnings per share. Apple’s quarterly revenue was up 16.4% on a year-over-year basis. Equities analysts predict that Apple Inc. will post 8.76 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 issued a dividend of $0.27 per share. The ex-dividend date was Monday, August 10th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.3%. Apple’s dividend payout ratio is 12.39%.
Insider Activity at Apple
In related news, insider Ben Borders sold 116 shares of Apple stock in a transaction that occurred 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 sale, the insider directly owned 38,713 shares in the company, valued at $11,425,754.82. The trade was a 0.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 company’s stock in a transaction on Tuesday, August 18th. The stock was 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 approximately $11,890,023.32. The trade was a 3.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,994 shares of company stock valued at $919,567 in the last three months. Corporate insiders own 0.06% of the company’s stock.
About Apple
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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