Financial Security Advisor Inc. Buys Shares of 1,192 Applied Materials, Inc. $AMAT

Financial Security Advisor Inc. bought a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 1,192 shares of the manufacturing equipment provider’s stock, valued at approximately $218,000.

Other institutional investors have also made changes to their positions in the company. Avity Investment Management Inc. lifted its holdings in shares of Applied Materials by 4.1% during the 2nd quarter. Avity Investment Management Inc. now owns 220,835 shares of the manufacturing equipment provider’s stock valued at $40,428,000 after buying an additional 8,680 shares during the last quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych lifted its holdings in shares of Applied Materials by 12.7% during the 1st quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 26,650 shares of the manufacturing equipment provider’s stock valued at $3,867,000 after buying an additional 3,000 shares during the last quarter. Redwood Investment Management LLC lifted its holdings in shares of Applied Materials by 311.2% during the 1st quarter. Redwood Investment Management LLC now owns 12,924 shares of the manufacturing equipment provider’s stock valued at $1,876,000 after buying an additional 9,781 shares during the last quarter. Gallacher Capital Management LLC acquired a new stake in shares of Applied Materials during the 2nd quarter valued at about $410,000. Finally, LifePlan Financial LLC acquired a new stake in shares of Applied Materials during the 2nd quarter valued at about $755,000. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

AMAT has been the subject of several research reports. Morgan Stanley upgraded Applied Materials from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $172.00 to $209.00 in a report on Monday, September 22nd. Summit Insights downgraded Applied Materials from a “buy” rating to a “hold” rating in a research note on Friday, August 15th. Barclays raised their price objective on Applied Materials from $160.00 to $170.00 and gave the company an “equal weight” rating in a research note on Monday, July 28th. The Goldman Sachs Group raised their price objective on Applied Materials from $215.00 to $250.00 and gave the company a “buy” rating in a research note on Thursday. Finally, JPMorgan Chase & Co. raised their price objective on Applied Materials from $210.00 to $220.00 and gave the company an “overweight” rating in a research note on Friday, August 15th. 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 stock. Based on data from MarketBeat.com, Applied Materials presently has an average rating of “Moderate Buy” and an average price target of $197.81.

Applied Materials Stock Performance

Shares of NASDAQ AMAT opened at $220.30 on Friday. The company has a quick ratio of 1.76, a current ratio of 2.50 and a debt-to-equity ratio of 0.28. The business’s 50 day moving average is $182.00 and its two-hundred day moving average is $171.09. The company has a market cap of $175.50 billion, a P/E ratio of 26.26, a P/E/G ratio of 2.85 and a beta of 1.82. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $226.49.

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

Applied Materials Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be issued a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend 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.