665 Shares in Applied Materials, Inc. $AMAT Purchased by Hilltop National Bank

Hilltop National Bank purchased a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) during the 2nd quarter, HoldingsChannel.com reports. The firm purchased 665 shares of the manufacturing equipment provider’s stock, valued at approximately $122,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Shelton Wealth Management LLC raised its holdings in shares of Applied Materials by 1.5% in the 2nd quarter. Shelton Wealth Management LLC now owns 3,398 shares of the manufacturing equipment provider’s stock valued at $622,000 after acquiring an additional 51 shares in the last quarter. Octavia Wealth Advisors LLC increased its position in shares of Applied Materials by 0.8% in 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 during the last quarter. Narus Financial Partners LLC raised its stake in Applied Materials by 3.8% in the second quarter. Narus Financial Partners LLC now owns 1,433 shares of the manufacturing equipment provider’s stock valued at $262,000 after purchasing an additional 52 shares in the last quarter. AdvisorNet Financial Inc lifted its position 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 valued at $358,000 after purchasing an additional 52 shares during the last quarter. Finally, Encompass Wealth Advisors LLC grew its stake in Applied Materials by 3.4% in the 2nd quarter. Encompass Wealth Advisors LLC now owns 1,601 shares of the manufacturing equipment provider’s stock worth $293,000 after buying an additional 53 shares in the last quarter. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Analyst Ratings Changes

AMAT has been the topic of several research reports. Stifel Nicolaus lowered their price objective on shares of Applied Materials from $195.00 to $180.00 and set a “buy” rating on the stock in a research report on Friday, August 15th. Wolfe Research lowered their price target on Applied Materials from $230.00 to $200.00 and set an “outperform” rating on the stock in a research report on Friday, August 15th. Evercore ISI reiterated an “outperform” rating and issued a $209.00 price objective on shares of Applied Materials in a report on Friday, August 15th. Summit Insights lowered Applied Materials from a “buy” rating to a “hold” rating in a research report on Friday, August 15th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Applied Materials in a report on Saturday, September 27th. Seventeen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $195.12.

Applied Materials Trading Down 2.7%

NASDAQ:AMAT opened at $217.53 on Friday. The company has a 50-day moving average price of $179.50 and a 200-day moving average price of $169.41. The stock has a market cap of $173.29 billion, a price-to-earnings ratio of 25.93, a P/E/G ratio of 2.85 and a beta of 1.82. The company has a current ratio of 2.50, a quick ratio of 1.76 and a debt-to-equity ratio of 0.28. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $226.41.

Applied Materials (NASDAQ:AMAT) last announced 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. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The company had revenue of $7.30 billion for the quarter, compared to analysts’ expectations of $7.21 billion. During the same quarter in the previous year, the company earned $2.12 earnings per share. Applied Materials’s quarterly revenue was up 7.7% on a year-over-year basis. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Equities analysts predict that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be paid a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Thursday, November 20th. Applied Materials’s dividend payout ratio (DPR) is presently 21.93%.

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.