Delaney Dennis R Buys New Shares in Applied Materials, Inc. $AMAT

Delaney Dennis R bought a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 2,091 shares of the manufacturing equipment provider’s stock, valued at approximately $383,000.

A number of other institutional investors also recently modified their holdings of AMAT. Nuveen LLC acquired a new position in shares of Applied Materials during the 1st quarter valued at $1,085,600,000. Kingstone Capital Partners Texas LLC acquired a new position in shares of Applied Materials during the 2nd quarter valued at $882,396,000. Pacer Advisors Inc. lifted its position in shares of Applied Materials by 2,401.0% during the 1st quarter. Pacer Advisors Inc. now owns 3,066,817 shares of the manufacturing equipment provider’s stock valued at $445,056,000 after acquiring an additional 2,944,193 shares during the period. Price T Rowe Associates Inc. MD raised its holdings 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 during the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in Applied Materials by 23.6% during the first quarter. Ameriprise Financial Inc. now owns 7,860,838 shares of the manufacturing equipment provider’s stock worth $1,140,836,000 after buying an additional 1,502,995 shares during the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on AMAT. Cfra Research upgraded shares of Applied Materials to a “hold” rating in a report on Friday, August 15th. The Goldman Sachs Group upped their price objective on shares of Applied Materials from $215.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday. Citigroup lowered their price objective on shares of Applied Materials from $220.00 to $205.00 and set a “buy” rating on the stock in a report on Friday, August 15th. Redburn Atlantic downgraded shares of Applied Materials from a “strong-buy” rating to a “hold” rating and lowered their price objective for the stock from $225.00 to $200.00 in a report on Monday, July 7th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $225.00 price objective on shares of Applied Materials in a report on Friday, October 3rd. Seventeen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $200.50.

Applied Materials Price Performance

AMAT opened at $209.95 on Monday. The firm has a market cap of $167.25 billion, a P/E ratio of 25.02, a PEG ratio of 2.75 and a beta of 1.82. The firm has a 50-day moving average of $182.60 and a 200 day moving average of $171.79. 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, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $226.49.

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 the consensus estimate of $2.36 by $0.12. The company had revenue of $7.30 billion during 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 firm’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, research analysts expect that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Dividend Announcement

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

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.