Capital Asset Advisory Services LLC Increases Stock Holdings in Applied Materials, Inc. $AMAT

Capital Asset Advisory Services LLC lifted its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 8.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 26,854 shares of the manufacturing equipment provider’s stock after buying an additional 2,187 shares during the period. Capital Asset Advisory Services LLC’s holdings in Applied Materials were worth $4,935,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Wesbanco Bank Inc. boosted its position in shares of Applied Materials by 9.8% during the second quarter. Wesbanco Bank Inc. now owns 6,854 shares of the manufacturing equipment provider’s stock valued at $1,255,000 after buying an additional 609 shares during the last quarter. Verde Capital Management lifted its holdings in Applied Materials by 13.9% during the second quarter. Verde Capital Management now owns 6,602 shares of the manufacturing equipment provider’s stock worth $1,209,000 after acquiring an additional 806 shares during the period. Somerset Trust Co lifted its holdings in Applied Materials by 7.9% during the second quarter. Somerset Trust Co now owns 2,552 shares of the manufacturing equipment provider’s stock worth $467,000 after acquiring an additional 187 shares during the period. Greenfield Savings Bank lifted its holdings in Applied Materials by 2.2% during the second quarter. Greenfield Savings Bank now owns 11,491 shares of the manufacturing equipment provider’s stock worth $2,104,000 after acquiring an additional 243 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Applied Materials by 18.0% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 7,166 shares of the manufacturing equipment provider’s stock worth $1,312,000 after acquiring an additional 1,093 shares during the period. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Applied Materials Stock Performance

Shares of 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. Applied Materials, Inc. has a 1 year low of $123.74 and a 1 year high of $215.70. The firm has a market cap of $133.68 billion, a PE ratio of 20.00, a PEG ratio of 2.42 and a beta of 1.77. The stock’s fifty day moving average price is $177.79 and its two-hundred day moving average price is $164.69.

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

Applied Materials Announces Dividend

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

Insider Activity

In related news, CAO Adam Sanders sold 562 shares of the business’s stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of $178.60, for a total transaction of $100,373.20. Following the sale, the chief accounting officer directly owned 5,300 shares in the company, valued at approximately $946,580. The trade was a 9.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.24% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently commented on AMAT. Cfra Research upgraded Applied Materials to a “hold” rating in a report on Friday, August 15th. Redburn Atlantic lowered Applied Materials from a “strong-buy” rating to a “hold” rating and dropped their price target for the stock from $225.00 to $200.00 in a report on Monday, July 7th. UBS Group dropped their price target on Applied Materials from $185.00 to $180.00 and set a “neutral” rating on the stock in a report on Friday, August 15th. DZ Bank lowered Applied Materials from a “hold” rating to a “sell” rating and set a $150.00 target price on the stock. in a research note on Friday, August 15th. Finally, JPMorgan Chase & Co. boosted their target price on Applied Materials from $210.00 to $220.00 and gave the company an “overweight” rating in a research note on Friday, August 15th. Sixteen 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. According to data from MarketBeat, Applied Materials currently has an average rating of “Hold” and a consensus target price of $192.92.

About Applied Materials

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.