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Greenup Street Wealth Management LLC Grows Position in Apple Inc. (NASDAQ:AAPL)

Greenup Street Wealth Management LLC Grows Position in Apple Inc. (NASDAQ:AAPL)

  • 22.03.2025 07:32
  • etfdailynews.com
  • Keywords: High Risk

Greenup Street Wealth Management LLC increased its holdings in Apple Inc. by 1% in Q4, adding 282 shares to reach 29,036 shares worth $7.27 million. Other institutional investors also adjusted their stakes in Apple during the quarter. Apple remains a top holding for many funds, with strong financial performance and positive analyst ratings forecasting growth.

Apple ReportsAAPLsentiment_satisfied

Estimated market influence

Greenup Street Wealth Management LLC

Positivesentiment_satisfied
Analyst rating: N/A

Boosted holdings by 1.0% in the 4th quarter, owning 29,036 shares worth $7,271,000.

AMF Tjanstepension AB

Positivesentiment_satisfied
Analyst rating: N/A

Increased stake by 21.1%, now owns 3,380,064 shares valued at $787,631,000.

Czech National Bank

Positivesentiment_satisfied
Analyst rating: N/A

Raised position by 12.8%, owning 3,097,244 shares worth $721,658,000.

Curated Wealth Partners LLC

Positivesentiment_satisfied
Analyst rating: N/A

Increased stake by 5.8%, now owns 53,013 shares valued at $12,352,000.

Arkansas Financial Group Inc.

Positivesentiment_satisfied
Analyst rating: N/A

Boosted holdings by 46.8%, owning 6,863 shares worth $1,599,000.

Quent Capital LLC

Positivesentiment_satisfied
Analyst rating: N/A

Increased position by 6.6%, now owns 137,845 shares valued at $32,042,000.

Apple Inc.

Apple Inc.

Positivesentiment_satisfied
Analyst rating: Buy

Received multiple increases in holdings from various investors; announced a dividend and positive earnings; analysts predict growth with target prices ranging up to $275.00; market cap of $3.28 trillion, P/E ratio 34.65, PEG ratio 2.44, beta 1.18; EPS forecasted at 7.28 for the fiscal year.

Context

Business Insights and Market Implications Analysis

Greenup Street Wealth Management LLC's Investment in Apple Inc.

  • Holdings Increase: Greenup Street Wealth Management LLC increased its Apple (AAPL) holdings by 1.0% in the 4th quarter, adding 282 shares.
  • Portfolio Weight: Apple represents 1.4% of the firm’s portfolio, making it the 19th largest holding.
  • Market Value: The investment in Apple was valued at $7,271,000 as of the latest SEC filing.

Institutional Investment Trends

  • AMF Tjanstepension AB: Increased stake by 21.1%, now owning 3,380,064 shares worth $787,631,000.
  • Czech National Bank: Boosted holdings by 12.8%, holding 3,097,244 shares valued at $721,658,000.
  • Curated Wealth Partners LLC: Increased position by 5.8%, owning 53,013 shares worth $12,352,000.
  • Arkansas Financial Group Inc.: Raised stake by 46.8%, holding 6,863 shares valued at $1,599,000.
  • Quent Capital LLC: Increased holdings by 6.6%, owning 137,845 shares worth $32,042,000.

Apple's Market Performance

  • Stock Price: Opened at $218.27; 50-day moving average: $231.82; 200-day moving average: $233.26.
  • Market Cap: $3.28 trillion.
  • P/E Ratio: 34.65; PEG Ratio: 2.44; Beta: 1.18.
  • Dividend Announcement: Apple announced a quarterly dividend of $0.25 per share, paid on February 13th. Annualized dividend: $1.00; Dividend Yield: 0.46%; Dividend Payout Ratio (DPR): 15.87%.

Analysts' Outlook

  • Consensus Rating: "Moderate Buy" with an average price target of $243.65.
  • Analyst Predictions: Positive sentiment with multiple research firms reiterating "buy" ratings and raising target prices (e.g., Wells Fargo to $275.00, Needham & Company to $260.00).

Industry and Competitive Dynamics

  • Apple's Product Portfolio: Dominates smartphones, personal computers, tablets, wearables, and accessories globally.
  • Market Leadership: Hedge funds and institutional investors own 67.73% of Apple’s stock, reflecting strong investor confidence.

Long-Term Implications

  • Investor Sentiment: Increased institutional holdings suggest confidence in Apple's long-term growth potential.
  • Dividend Strategy: Consistent dividend payouts indicate a balanced approach to returning value to shareholders while maintaining growth investments.
  • Analyst Confidence: Positive analyst ratings and raised target prices signal optimism about Apple’s future performance and innovation pipeline.

This analysis highlights Apple’s strong position in the market, driven by institutional confidence, robust financial metrics, and positive analyst sentiment.