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Joseph P. Lucia & Associates LLC Has $10.82 Million Holdings in Apple Inc. (NASDAQ:AAPL)

Joseph P. Lucia & Associates LLC Has $10.82 Million Holdings in Apple Inc. (NASDAQ:AAPL)

  • 22.03.2025 08:49
  • etfdailynews.com
  • Keywords: High Risk, Low Risk

Joseph P. Lucia & Associates LLC reduced its holdings in Apple Inc. by 1.6% in the fourth quarter, selling 690 shares, but still holds $10.82 million worth of the stock, making it the largest position in its portfolio. Other investors have also adjusted their stakes in Apple, with some increasing holdings and others initiating new investments. Apple's stock opened at $218.27, has a market cap of $3.28 trillion, and currently offers a dividend yield of 0.46%. Analysts rate the company "Moderate Buy" with an average price target of $243.65.

Apple ReportsAAPLsentiment_neutral

Estimated market influence

Joseph P. Lucia & Associates LLC

Positivesentiment_satisfied
Analyst rating: N/A

The company reduced its position in Apple Inc., indicating a potential shift in investment strategy.

Bull Oak Capital LLC

Positivesentiment_satisfied
Analyst rating: N/A

Increased holdings by 252.3%, showing confidence in Apple's stock.

Christopher J. Hasenberg Inc

Positivesentiment_satisfied
Analyst rating: N/A

Raised holdings by 88.9%, indicating a positive stance on Apple's performance.

SPX Gestao de Recursos Ltda

Positivesentiment_satisfied
Analyst rating: N/A

Purchased new stake, showing investment interest in Apple.

Teachers Insurance & Annuity Association of America

Positivesentiment_satisfied
Analyst rating: N/A

Invested new funds into Apple's stock.

ARK Investment Management LLC

Positivesentiment_satisfied
Analyst rating: N/A

Purchased a significant stake in Apple, reflecting confidence in its future.

Apple Inc.

Apple Inc.

Neutralsentiment_neutral
Analyst rating: Buy

Multiple institutional investors have adjusted their holdings, but overall market position remains strong with high institutional ownership and positive analyst ratings.

Context

Business Insights and Market Implications Analysis

Portfolio Analysis

  • Joseph P. Lucia & Associates LLC reduced its holdings in Apple Inc. by 1.6% during Q4.
  • The firm sold 690 shares, ending up with 43,207 shares valued at $10.82 million.
  • Apple constitutes 4.8% of the portfolio, making it the largest holding.

Market Performance

  • Apple’s stock opened at $218.27 on Friday.
  • Market cap: $3.28 trillion.
  • P/E ratio: 34.65, PEG ratio: 2.44, beta: 1.18.
  • 50-day moving average: $231.82, 200-day moving average: $233.26.
  • 52-week price range: $164.08 (low) to $260.10 (high).

Dividend Policy

  • Apple announced a quarterly dividend of $0.25, paid on February 13, 2025.
  • Annualized dividend yield: 0.46%.
  • Payout ratio: 15.87%.

Analyst Sentiment

  • Consensus rating: “Moderate Buy” with an average price target of $243.65.
  • Sanford C. Bernstein upgraded Apple to $260.00 and maintained an “outperform” rating.
  • Evercore ISI increased its target price to $275.00 and reaffirmed an “outperform” rating.
  • Jefferies Financial Group reiterated an “underperform” rating.

Competitive Dynamics

  • Apple remains a dominant player in the global tech sector, with strong product lines including iPhones, Macs, iPads, and wearables (e.g., AirPods, Apple Watch).
  • The company’s ability to consistently meet or exceed earnings expectations highlights its robust financial health.

Strategic Considerations

  • Lucia & Associates’ slight reduction in Apple holdings may indicate a cautious stance on short-term market volatility.
  • Other institutional investors, such as Bull Oak Capital and Christopher J. Hasenberg Inc., have increased their positions, signaling confidence in Apple’s long-term growth potential.

Long-Term Effects

  • Apple’s sustained earnings growth (EPS of $2.40 vs. estimate of $2.36) underscores its ability to maintain profitability despite macroeconomic challenges.
  • The company’s focus on innovation and market expansion in wearables, home devices, and services positions it well for future growth.

Regulatory Environment

  • Potential regulatory scrutiny in the tech sector could impact Apple’s margins, particularly in areas like antitrust compliance and data privacy.

This analysis highlights Apple’s continued dominance in the tech industry, its strong financial performance, and mixed analyst sentiment. While some investors are cautious, others remain bullish on the company’s long-term prospects.