Yousif Capital Management LLC Reduces Stock Holdings in Applied Materials, Inc. $AMAT

Yousif Capital Management LLC reduced its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 1.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 102,095 shares of the manufacturing equipment provider’s stock after selling 1,074 shares during the period. Yousif Capital Management LLC’s holdings in Applied Materials were worth $18,691,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Avity Investment Management Inc. lifted its position 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 in the last quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych lifted its position 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 in the last quarter. Redwood Investment Management LLC lifted its position 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 in the last quarter. Gallacher Capital Management LLC purchased a new position in shares of Applied Materials during the 2nd quarter valued at about $410,000. Finally, LifePlan Financial LLC purchased a new position in shares of Applied Materials during the 2nd quarter valued at about $755,000. 80.56% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently weighed in on AMAT. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Applied Materials in a research report on Wednesday, October 8th. Wolfe Research decreased their target price on Applied Materials from $230.00 to $200.00 and set an “outperform” rating on the stock in a research note on Friday, August 15th. Summit Insights downgraded Applied Materials from a “buy” rating to a “hold” rating in a research note on Friday, August 15th. TD Cowen decreased their target price on Applied Materials from $220.00 to $200.00 and set a “buy” rating on the stock in a research note on Friday, August 15th. Finally, Redburn Atlantic downgraded Applied Materials from a “strong-buy” rating to a “hold” rating and decreased their target price for the company from $225.00 to $200.00 in a research note on Monday, July 7th. Seventeen 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 company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $200.50.

Applied Materials Stock Down 4.7%

Shares of AMAT opened at $209.95 on Monday. The stock has a market capitalization of $167.25 billion, a price-to-earnings ratio of 25.02, a price-to-earnings-growth ratio of 2.75 and a beta of 1.82. Applied Materials, Inc. has a 1 year low of $123.74 and a 1 year high of $226.49. The business’s 50 day simple moving average is $182.60 and its 200-day simple moving average is $171.79. 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 (EPS) for the quarter, topping the consensus estimate of $2.36 by $0.12. The business had revenue of $7.30 billion for the quarter, compared to analysts’ expectations 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 prior year, the firm earned $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, equities analysts expect that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal 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 0.9%. The ex-dividend date of this dividend is Thursday, November 20th. 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.