Meeder Asset Management Inc. Buys 90,693 Shares of Apple Inc. $AAPL

Meeder Asset Management Inc. boosted its stake in shares of Apple Inc. (NASDAQ:AAPL) by 25.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 443,723 shares of the iPhone maker’s stock after acquiring an additional 90,693 shares during the quarter. Apple makes up approximately 6.5% of Meeder Asset Management Inc.’s holdings, making the stock its 2nd biggest holding. Meeder Asset Management Inc.’s holdings in Apple were worth $112,612,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Meeder Advisory Services Inc. raised its position in shares of Apple by 1.5% during the first quarter. Meeder Advisory Services Inc. now owns 381,218 shares of the iPhone maker’s stock worth $96,749,000 after acquiring an additional 5,750 shares during the last quarter. Lowe Brockenbrough & Co. Inc. boosted its holdings in Apple by 1.1% in the first quarter. Lowe Brockenbrough & Co. Inc. now owns 279,895 shares of the iPhone maker’s stock valued at $71,035,000 after acquiring an additional 2,913 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Apple by 1.7% in the first quarter. Dimensional Fund Advisors LP now owns 58,554,032 shares of the iPhone maker’s stock valued at $14,858,200,000 after acquiring an additional 979,832 shares during the last quarter. Human Investing LLC increased its position in Apple by 1.5% in the first quarter. Human Investing LLC now owns 17,203 shares of the iPhone maker’s stock worth $4,366,000 after purchasing an additional 255 shares during the period. Finally, Parallel Advisors LLC increased its position in Apple by 1.6% in the first quarter. Parallel Advisors LLC now owns 1,003,424 shares of the iPhone maker’s stock worth $254,659,000 after purchasing an additional 15,354 shares during the period. Institutional investors and hedge funds own 67.73% of the company’s stock.

Apple Price Performance

Shares of AAPL opened at $309.46 on Wednesday. The stock has a market cap of $4.52 trillion, a P/E ratio of 35.49, a price-to-earnings-growth ratio of 2.60 and a beta of 1.09. Apple Inc. has a 1 year low of $202.16 and a 1 year high of $344.57. The stock’s 50-day moving average price is $309.42 and its two-hundred day moving average price is $282.24. 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) last announced its quarterly earnings results on Thursday, July 30th. The iPhone maker reported $2.02 EPS for the quarter, beating analysts’ consensus estimates of $1.89 by $0.13. The company had revenue of $109.42 billion during the quarter, compared to analysts’ expectations of $109.04 billion. Apple had a return on equity of 135.46% and a net margin of 27.62%.Apple’s revenue was up 16.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.57 EPS. On average, equities analysts predict that Apple Inc. will post 8.76 earnings per share for the current year.

Apple Announces Dividend

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

Insider Buying and Selling

In other Apple news, insider Ben Borders sold 116 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $295.14, for a total value of $34,236.24. Following the completion of the sale, the insider owned 38,713 shares of the company’s stock, valued at approximately $11,425,754.82. This represents a 0.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 0.06% of the company’s stock.

Apple News Summary

Here are the key news stories impacting Apple this week:

• Positive Sentiment: India proposed extending tax exemptions for equipment suppliers to contract manufacturers through 2041. The policy could support Apple’s effort to expand iPhone production in India and reduce reliance on China. India proposes extending tax breaks for contract manufacturing in a boost for Apple
• Positive Sentiment: Analysts and bullish investors argue that Apple’s capital-light AI strategy could eventually pay off through its enormous installed base, device upgrades and Services ecosystem, without the infrastructure spending burden faced by hyperscalers. Apple’s AI Strategy Looks Different—Will It Pay Off?
• Positive Sentiment: Apple’s acquisition of PlasmaSolve could improve manufacturing simulations, device coatings and production yields, potentially supporting thinner and stronger future hardware. AAPL Stock Alert: What to Know as Apple Acquires PlasmaSolve
• Neutral Sentiment: Apple asked a U.S. court to block OpenAI and two former employees from using alleged trade secrets. OpenAI has responded by calling the case careless and publishing private communications; the dispute could affect OpenAI’s hardware plans but remains legally unresolved. Apple seeks preliminary injunction against OpenAI in trade secrets case
• Neutral Sentiment: Apple is also challenging a U.K. demand for access to encrypted user data. A favorable outcome could protect its privacy positioning, while prolonged regulatory litigation creates uncertainty. Apple launches fresh legal challenge against UK encrypted data access demand
• Negative Sentiment: The strongest pressure remains financial: Apple exceeded quarterly EPS and revenue estimates, but its outlook was viewed as disappointing. Higher memory and component costs, supply constraints, a Services revenue miss and delayed Apple Intelligence features have undermined confidence in near-term growth.
• Negative Sentiment: China Renaissance, DZ Bank and Phillip Securities downgraded AAPL, citing persistent memory inflation, supply risks and uncertainty over Apple Intelligence returns. With the stock trading around 35 times earnings and a PEG ratio above 2.6, investors are demanding substantial growth to justify the valuation.
• Negative Sentiment: The CEO transition adds execution risk. While some coverage views Cook’s departure as a well-prepared succession, investors will watch whether John Ternus can accelerate AI development and sustain Apple’s growth momentum.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on AAPL. HSBC upgraded shares of Apple from a “hold” rating to a “buy” rating and upped their target price for the company from $260.00 to $366.00 in a research report on Thursday, July 16th. Raymond James Financial reiterated a “market perform” rating on shares of Apple in a research report on Friday. DA Davidson reissued a “neutral” rating and set a $270.00 price target on shares of Apple in a research note on Friday, July 31st. Citigroup restated a “buy” rating and issued a $365.00 price objective (up from $315.00) on shares of Apple in a report on Monday, July 13th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $400.00 price objective on shares of Apple in a research note on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Apple presently has an average rating of “Moderate Buy” and a consensus price target of $330.44.

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.