Tectonic Advisors LLC Has $2.45 Million Holdings in Applied Materials, Inc. $AMAT

Tectonic Advisors LLC lifted its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 5.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,406 shares of the manufacturing equipment provider’s stock after acquiring an additional 751 shares during the period. Tectonic Advisors LLC’s holdings in Applied Materials were worth $2,454,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Ameriprise Financial Inc. grew its stake in shares of Applied Materials by 23.6% in the first quarter. Ameriprise Financial Inc. now owns 7,860,838 shares of the manufacturing equipment provider’s stock valued at $1,140,836,000 after acquiring an additional 1,502,995 shares in the last quarter. Amundi grew its stake in shares of Applied Materials by 15.8% in the first quarter. Amundi now owns 7,656,034 shares of the manufacturing equipment provider’s stock valued at $1,038,504,000 after acquiring an additional 1,046,635 shares in the last quarter. Nuveen LLC acquired a new position in shares of Applied Materials in the first quarter valued at about $1,085,600,000. Deutsche Bank AG grew its stake in shares of Applied Materials by 20.7% in the first quarter. Deutsche Bank AG now owns 7,189,402 shares of the manufacturing equipment provider’s stock valued at $1,043,326,000 after acquiring an additional 1,235,097 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD grew its stake in Applied Materials by 43.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 5,573,673 shares of the manufacturing equipment provider’s stock worth $808,853,000 after buying an additional 1,691,428 shares in the last quarter. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Rothschild & Co Redburn downgraded shares of Applied Materials from a “buy” rating to a “neutral” rating and set a $200.00 price objective on the stock. in a research note on Monday, July 7th. Weiss Ratings reiterated a “hold (c)” rating on shares of Applied Materials in a research note on Wednesday. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Applied Materials from $200.00 to $170.00 and set a “hold” rating on the stock in a research note on Friday, August 15th. KeyCorp increased their price objective on shares of Applied Materials from $200.00 to $220.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 23rd. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $225.00 price objective on shares of Applied Materials in a research note on Friday, October 3rd. Seventeen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $196.85.

Applied Materials Trading Up 2.8%

AMAT opened at $217.51 on Thursday. The company’s 50 day moving average is $181.20 and its 200-day moving average is $170.63. Applied Materials, Inc. has a 1-year low of $123.74 and a 1-year high of $226.49. The company has a current ratio of 2.50, a quick ratio of 1.76 and a debt-to-equity ratio of 0.28. The company has a market cap of $173.28 billion, a P/E ratio of 25.92, a PEG ratio of 2.77 and a beta of 1.82.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $7.21 billion. During the same period last year, the company posted $2.12 EPS. The firm’s quarterly revenue 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. Equities research analysts predict that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

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