LRI Investments LLC Acquires 218 Shares of Applied Materials, Inc. $AMAT

LRI Investments LLC lifted its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 40.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 758 shares of the manufacturing equipment provider’s stock after purchasing an additional 218 shares during the period. LRI Investments LLC’s holdings in Applied Materials were worth $139,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in AMAT. Runnymede Capital Advisors Inc. grew its holdings in shares of Applied Materials by 972.2% during the 1st quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider’s stock valued at $28,000 after purchasing an additional 175 shares during the last quarter. Smallwood Wealth Investment Management LLC bought a new position in shares of Applied Materials during the 1st quarter valued at $29,000. Maseco LLP bought a new position in shares of Applied Materials during the 2nd quarter valued at $30,000. Clal Insurance Enterprises Holdings Ltd grew its holdings in shares of Applied Materials by 435.0% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider’s stock valued at $31,000 after purchasing an additional 174 shares during the last quarter. Finally, Activest Wealth Management grew its holdings in shares of Applied Materials by 5,325.0% during the 1st quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider’s stock valued at $31,000 after purchasing an additional 213 shares during the last quarter. Institutional investors own 80.56% of the company’s stock.

Wall Street Analysts Forecast Growth

AMAT has been the subject of several analyst reports. The Goldman Sachs Group increased their price target on shares of Applied Materials from $215.00 to $250.00 and gave the company a “buy” rating in a research report on Thursday. Wells Fargo & Company increased their price target on shares of Applied Materials from $240.00 to $250.00 and gave the company an “overweight” rating in a research report on Wednesday. UBS Group dropped their price target on shares of Applied Materials from $185.00 to $180.00 and set a “neutral” rating for the company in a research report on Friday, August 15th. Summit Insights cut shares of 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 research report on Wednesday, October 8th. Seventeen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Applied Materials presently has an average rating of “Moderate Buy” and an average target price of $200.50.

Applied Materials Trading Down 4.7%

NASDAQ:AMAT opened at $209.95 on Monday. The company has a 50-day moving average price of $182.60 and a 200-day moving average price of $171.79. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month 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 stock has a market cap of $167.25 billion, a price-to-earnings ratio of 25.02, a P/E/G ratio of 2.75 and a beta of 1.82.

Applied Materials (NASDAQ:AMAT) last posted its 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. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The firm had revenue of $7.30 billion during the quarter, compared to analysts’ expectations of $7.21 billion. During the same period last year, the company posted $2.12 EPS. The company’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 analysts predict that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be given a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Thursday, November 20th. Applied Materials’s dividend payout ratio (DPR) 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.