Guyasuta Investment Advisors Inc. Raises Holdings in Applied Materials, Inc. $AMAT

Guyasuta Investment Advisors Inc. increased its position in Applied Materials, Inc. (NASDAQ:AMAT) by 1.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 115,508 shares of the manufacturing equipment provider’s stock after buying an additional 1,116 shares during the quarter. Applied Materials comprises about 1.3% of Guyasuta Investment Advisors Inc.’s investment portfolio, making the stock its 22nd biggest position. Guyasuta Investment Advisors Inc.’s holdings in Applied Materials were worth $21,146,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Shelton Wealth Management LLC boosted its position in shares of Applied Materials by 1.5% during the second quarter. Shelton Wealth Management LLC now owns 3,398 shares of the manufacturing equipment provider’s stock worth $622,000 after buying an additional 51 shares during the period. Octavia Wealth Advisors LLC raised its holdings in Applied Materials by 0.8% during the second quarter. Octavia Wealth Advisors LLC now owns 6,200 shares of the manufacturing equipment provider’s stock worth $1,135,000 after purchasing an additional 51 shares in the last quarter. Narus Financial Partners LLC raised its holdings in Applied Materials by 3.8% during the second quarter. Narus Financial Partners LLC now owns 1,433 shares of the manufacturing equipment provider’s stock worth $262,000 after purchasing an additional 52 shares in the last quarter. AdvisorNet Financial Inc raised its holdings in Applied Materials by 2.7% during the second quarter. AdvisorNet Financial Inc now owns 1,958 shares of the manufacturing equipment provider’s stock worth $358,000 after purchasing an additional 52 shares in the last quarter. Finally, Encompass Wealth Advisors LLC raised its holdings in Applied Materials by 3.4% during the second quarter. Encompass Wealth Advisors LLC now owns 1,601 shares of the manufacturing equipment provider’s stock worth $293,000 after purchasing an additional 53 shares in the last quarter. 80.56% of the stock is owned by hedge funds and other institutional investors.

Applied Materials Price Performance

NASDAQ AMAT opened at $203.92 on Friday. The stock has a market capitalization of $162.45 billion, a P/E ratio of 24.31, a P/E/G ratio of 2.91 and a beta of 1.77. Applied Materials, Inc. has a 1 year low of $123.74 and a 1 year high of $215.70. The business’s fifty day moving average is $176.94 and its two-hundred day moving average is $167.33. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.76 and a current ratio of 2.50.

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

Applied Materials Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 0.9%. The ex-dividend date is Thursday, November 20th. Applied Materials’s payout ratio is presently 21.93%.

Analysts Set New Price Targets

AMAT has been the topic of several recent analyst reports. Stifel Nicolaus dropped their target price on Applied Materials from $195.00 to $180.00 and set a “buy” rating on the stock in a report on Friday, August 15th. Deutsche Bank Aktiengesellschaft dropped their target price on Applied Materials from $200.00 to $170.00 and set a “hold” rating on the stock in a report on Friday, August 15th. JPMorgan Chase & Co. boosted their target price on Applied Materials from $210.00 to $220.00 and gave the stock an “overweight” rating in a report on Friday, August 15th. Rothschild & Co Redburn cut Applied Materials from a “buy” rating to a “neutral” rating and set a $200.00 target price on the stock. in a report on Monday, July 7th. Finally, Bank of America reissued a “neutral” rating and set a $180.00 target price (down previously from $190.00) on shares of Applied Materials in a report on Friday, August 15th. Seventeen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $194.15.

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.