REAP Financial Group LLC Buys 332 Shares of Applied Materials, Inc. $AMAT

REAP Financial Group LLC raised its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 117.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 614 shares of the manufacturing equipment provider’s stock after buying an additional 332 shares during the quarter. REAP Financial Group LLC’s holdings in Applied Materials were worth $112,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in AMAT. Runnymede Capital Advisors Inc. lifted its position in shares of Applied Materials by 972.2% in the first quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider’s stock worth $28,000 after purchasing an additional 175 shares in the last quarter. Smallwood Wealth Investment Management LLC bought a new stake in shares of Applied Materials in the first quarter worth $29,000. Maseco LLP bought a new stake in shares of Applied Materials in the second quarter worth $30,000. Clal Insurance Enterprises Holdings Ltd lifted its position in shares of Applied Materials by 435.0% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider’s stock worth $31,000 after purchasing an additional 174 shares in the last quarter. Finally, Activest Wealth Management lifted its position in shares of Applied Materials by 5,325.0% in the first quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider’s stock worth $31,000 after purchasing an additional 213 shares in the last quarter. Institutional investors own 80.56% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on AMAT. Barclays boosted their price objective on shares of Applied Materials from $160.00 to $170.00 and gave the stock an “equal weight” rating in a research report on Monday, July 28th. Stifel Nicolaus dropped their price target 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 dropped their price target on shares of Applied Materials from $230.00 to $200.00 and set an “outperform” rating on the stock in a research report on Friday, August 15th. Morgan Stanley raised shares of Applied Materials from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $172.00 to $209.00 in a research report on Monday, September 22nd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Applied Materials in a research report on Saturday, September 27th. Seventeen investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $195.12.

Applied Materials Price Performance

Shares of AMAT opened at $211.56 on Wednesday. The firm has a market capitalization of $168.54 billion, a PE ratio of 25.22, a PEG ratio of 2.93 and a beta of 1.82. The company’s 50-day moving average is $180.63 and its 200-day moving average is $170.31. Applied Materials, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $226.49. 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 (NASDAQ:AMAT) last issued its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share 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 analyst estimates of $7.21 billion. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The company’s revenue was up 7.7% on a year-over-year basis. During the same period in the prior year, the firm earned $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Equities 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. Stockholders of record on Thursday, November 20th will be given a $0.46 dividend. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $1.84 annualized dividend and a dividend yield of 0.9%. Applied Materials’s dividend payout ratio is presently 21.93%.

Applied Materials Company 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.