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Dixon Fnancial Services Inc. Has $4.24 Million Holdings in Apple Inc. (NASDAQ:AAPL)

Dixon Fnancial Services Inc. Has $4.24 Million Holdings in Apple Inc. (NASDAQ:AAPL)

  • 24.03.2025 00:00
  • etfdailynews.com
  • Keywords: Apple, Dixon Financial Services Inc.

Dixon Financial Services Inc. reduced its Apple holdings by selling 56 shares, ending with 16,911 shares worth $4.24 million. Despite this reduction, Apple remains a significant holding for Dixon and other major investors who have increased their positions.

Apple ReportsApple ServicesAAPLsentiment_neutral

Estimated market influence

Dixon Financial Services Inc.

Positivesentiment_satisfied
Analyst rating: N/A

Decreased position in Apple, sold 56 shares, holdings worth $4.235 million

Apple Inc.

Apple Inc.

Neutralsentiment_neutral
Analyst rating: Buy

Dixon decreased their holding by 0.3%, but other institutions increased theirs; overall market position stable with 67.73% ownership by institutional investors.

Context

Analysis of Dixon Financial Services Inc.'s Holdings in Apple Inc. (NASDAQ:AAPL)

Dixon's Position in Apple

  • Dixon Financial Services Inc. decreased its position in Apple by 0.3% during the fourth quarter.
  • Sold 56 shares, reducing holdings to 16,911 shares.
  • Apple represents 2.3% of Dixon’s portfolio, making it the 6th largest holding.
  • Value of holdings: $4,235,000.

Institutional Trends

  • State Street Corp: Increased holdings by 10.6%, now owning 584,010,284 shares valued at $136,074,372,000.
  • FMR LLC: Increased holdings by 5.3%, now owning 363,859,362 shares valued at $84,779,231,000.
  • Geode Capital Management LLC: Increased holdings by 6.5%, now owning 333,857,500 shares valued at $77,542,863,000.
  • Charles Schwab Investment Management Inc.: Increased holdings by 6.6%, now owning 94,942,731 shares valued at $22,121,656,000.
  • International Assets Investment Management LLC: Increased holdings by 20,372.7%, now owning 94,347,510 shares valued at $219,829,700,000.
  • Total ownership by hedge funds and institutional investors: 67.73%.

Apple Stock Performance

  • Opening price on Monday: $218.27.
  • 52-week low: $164.08, 52-week high: $260.10.
  • Market capitalization: $3.28 trillion.
  • PE ratio: 34.65, PEG ratio: 2.44, Beta: 1.18.
  • 50-day moving average: $231.82, 200-day moving average: $233.42.
  • Quick ratio: 0.88, Current ratio: 0.92, Debt-to-equity ratio: 1.26.

Dividend Information

  • Quarterly dividend: $0.25 per share, annualized dividend: $1.00.
  • Dividend yield: 0.46%.
  • Dividend payout ratio (DPR): 15.87%.
  • Record date for last dividend payment: Monday, February 10th, paid on Thursday, February 13th.

Analyst Sentiment

  • Consensus rating: "Moderate Buy" with a target price of $243.65.
  • Analyst upgrades/downgrades:
    • Monness Crespi & Hardt: Increased target to $245.00, "buy" rating.
    • Moffett Nathanson: Reiterated "sell" rating, reduced target to $188.00.
    • Jefferies Financial Group: Reiterated "underperform" rating.
    • TD Cowen: Reiterated "buy" rating.
    • JPMorgan Chase & Co.: Increased target from $260.00 to $270.00, "overweight" rating.

Competitive Landscape

  • Apple dominates the global tech market with its product lineup:
    • iPhones, Macs, iPads, and wearables (AirPods, Apple Watch).
    • Strong brand loyalty and innovation drive sustained demand.
    • Competitors include Samsung, Google, Microsoft, and other tech giants.

Market Implications

  • Apple remains a key holding for institutional investors despite slight reductions by some firms.
  • Mixed analyst sentiment reflects ongoing debates about growth potential vs. valuation concerns.
  • Strong financial performance (EPS of $2.40, net margin of 24.30%) supports investor confidence.
  • Dividend payments provide stability and appeal to income-focused investors.

Long-term Effects

  • Apple’s ability to maintain innovation and market dominance will influence long-term growth.
  • Regulatory scrutiny, especially in areas like antitrust and data privacy, could impact future operations.
  • Economic downturns may affect consumer spending on premium products like iPhones and Macs.

Strategic Considerations

  • Investors should monitor:
    • Apple’s ability to sustain revenue growth amid macroeconomic challenges.
    • Competitive pressures from tech rivals.
    • Changes in institutional holdings as indicators of broader market sentiment.