Duncan Williams Asset Management LLC Grows Position in Apple Inc. (NASDAQ:AAPL)

Duncan Williams Asset Management LLC Grows Position in Apple Inc. (NASDAQ:AAPL)

  • 19.03.2025 00:00
  • etfdailynews.com
  • Keywords: High Risk

Duncan Williams Asset Management LLC increased its holdings in Apple Inc. by 73.6%, adding 24,539 shares during the 4th quarter. The investment firm now owns 57,902 shares of Apple, worth $14.5 million, making it their third-largest position. Other institutional investors have also significantly increased their stakes in Apple recently.

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Estimated market influence

Duncan Williams Asset Management LLC

Positivesentiment_satisfied
Analyst rating: N/A

increased holdings by 73.6% in Apple Inc.

Apple Inc.

Apple Inc.

Positivesentiment_satisfied
Analyst rating: Buy

benefiting from increased investments

Context

Analysis of Duncan Williams Asset Management LLC's Position in Apple Inc. (NASDAQ:AAPL)

  • Duncan Williams Asset Management LLC increased its holdings in Apple by 73.6% during the 4th quarter, raising its stake to 57,902 shares worth $14,500,000.

  • Apple represents 5.7% of Duncan Williams' portfolio, making it the 3rd largest position.

  • Other institutional investors have also increased their stakes in Apple:

    • International Assets Investment Management LLC increased its stake by 20,372.7%, owning 94,347,510 shares worth $219,829,700,000.
    • State Street Corp increased its stake by 10.6%, owning 584,010,284 shares worth $136,074,372,000.
    • Geode Capital Management LLC increased its stake by 6.5%, owning 333,857,500 shares worth $77,542,863,000.
    • FMR LLC increased its stake by 5.3%, owning 363,859,362 shares worth $84,779,231,000.
    • Charles Schwab Investment Management Inc. increased its stake by 6.6%, owning 94,942,731 shares worth $22,121,656,000.

  • Analysts have set varying price targets for Apple:

    • Consensus rating: "Moderate Buy"
    • Consensus price target: $243.65
    • Individual targets range from $252.00 to $325.00.

  • Apple's financial performance:

    • Q1 EPS: $2.40, beating the consensus estimate of $2.36.
    • Return on equity: 160.83%
    • Net margin: 24.30%

  • Apple announced a quarterly dividend of $0.25 per share, paid on February 13th, with an annualized yield of 0.47%.

  • Institutional investors own 67.73% of Apple's stock.

  • Competitive dynamics: The significant increases in stakes by multiple institutional investors highlight strong investor confidence in Apple's long-term growth potential.

  • Market implications: The consistent positive analyst sentiment and strong financial performance suggest continued demand for Apple shares, potentially driving further price appreciation.

  • Strategic considerations: Apple's diversified product portfolio (iPhone, Mac, iPad, wearables) positions it as a resilient player in the tech sector, with opportunities for sustained growth.