Applied Materials, Inc. $AMAT Shares Sold by Delphi Management Inc. MA

Delphi Management Inc. MA cut its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 1.1% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 8,255 shares of the manufacturing equipment provider’s stock after selling 90 shares during the period. Applied Materials comprises about 1.5% of Delphi Management Inc. MA’s holdings, making the stock its 16th biggest holding. Delphi Management Inc. MA’s holdings in Applied Materials were worth $1,511,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the stock. Runnymede Capital Advisors Inc. grew its holdings in shares of Applied Materials by 972.2% during the first quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider’s stock worth $28,000 after buying an additional 175 shares in the last quarter. Smallwood Wealth Investment Management LLC purchased a new stake in shares of Applied Materials during the first quarter worth $29,000. Clal Insurance Enterprises Holdings Ltd grew its holdings in shares of Applied Materials by 435.0% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider’s stock worth $31,000 after buying an additional 174 shares in the last quarter. Activest Wealth Management grew its holdings in shares of Applied Materials by 5,325.0% during the first quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider’s stock worth $31,000 after buying an additional 213 shares in the last quarter. Finally, Disciplina Capital Management LLC grew its holdings in shares of Applied Materials by 91.5% during the first quarter. Disciplina Capital Management LLC now owns 272 shares of the manufacturing equipment provider’s stock worth $39,000 after buying an additional 130 shares in the last quarter. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Applied Materials Stock Performance

NASDAQ:AMAT opened at $167.80 on Friday. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.50 and a quick ratio of 1.76. The firm has a market capitalization of $133.68 billion, a price-to-earnings ratio of 20.00, a PEG ratio of 2.42 and a beta of 1.77. The company’s 50-day moving average is $177.79 and its two-hundred day moving average is $164.69. Applied Materials, Inc. has a 1-year low of $123.74 and a 1-year high of $215.70.

Applied Materials (NASDAQ:AMAT) last announced its earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share for the quarter, topping the consensus estimate of $2.36 by $0.12. The company had revenue of $7.30 billion during the quarter, compared to analyst estimates of $7.21 billion. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. Applied Materials’s revenue was up 7.7% compared to the same quarter last year. During the same quarter last year, the firm posted $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Analysts forecast that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be paid a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, November 20th. Applied Materials’s dividend payout ratio (DPR) is 21.93%.

Analyst Ratings Changes

A number of research firms have recently issued reports on AMAT. Daiwa Capital Markets reaffirmed a “neutral” rating and set a $170.00 target price (down previously from $185.00) on shares of Applied Materials in a report on Wednesday, August 20th. Mizuho reaffirmed a “neutral” rating and set a $175.00 target price (down previously from $200.00) on shares of Applied Materials in a report on Friday. Redburn Atlantic lowered shares of Applied Materials from a “strong-buy” rating to a “hold” rating and dropped their target price for the stock from $225.00 to $200.00 in a report on Monday, July 7th. Cantor Fitzgerald dropped their price objective on shares of Applied Materials from $220.00 to $200.00 and set an “overweight” rating for the company in a report on Friday, August 15th. Finally, Stifel Nicolaus reduced their target price on shares of Applied Materials from $195.00 to $180.00 and set a “buy” rating on the stock in a research note on Friday, August 15th. Sixteen investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Applied Materials has an average rating of “Hold” and a consensus price target of $192.92.

Insiders Place Their Bets

In other Applied Materials news, CAO Adam Sanders sold 562 shares of the stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of $178.60, for a total transaction of $100,373.20. Following the completion of the transaction, the chief accounting officer owned 5,300 shares of the company’s stock, valued at $946,580. This trade represents a 9.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.24% of the stock is currently owned by company insiders.

Applied Materials Profile

Applied Materials, Inc engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits.