Perfromance Wealth Partners LLC Purchases Shares of 5,208 Applied Materials, Inc. $AMAT

Perfromance Wealth Partners LLC purchased a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) in the second quarter, according to its most recent 13F filing with the SEC. The fund purchased 5,208 shares of the manufacturing equipment provider’s stock, valued at approximately $953,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ameriprise Financial Inc. increased its stake in Applied Materials by 23.6% in the 1st quarter. Ameriprise Financial Inc. now owns 7,860,838 shares of the manufacturing equipment provider’s stock worth $1,140,836,000 after acquiring an additional 1,502,995 shares during the last quarter. Amundi grew its holdings in shares of Applied Materials by 15.8% during the first quarter. Amundi now owns 7,656,034 shares of the manufacturing equipment provider’s stock worth $1,038,504,000 after purchasing an additional 1,046,635 shares in the last quarter. Nuveen LLC purchased a new position in shares of Applied Materials during the first quarter worth about $1,085,600,000. Deutsche Bank AG increased its position 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 worth $1,043,326,000 after purchasing an additional 1,235,097 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its stake in Applied Materials by 43.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,573,673 shares of the manufacturing equipment provider’s stock valued at $808,853,000 after purchasing an additional 1,691,428 shares in the last quarter. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Analysts Set New Price Targets

AMAT has been the subject of a number of research reports. Cfra Research raised shares of Applied Materials to a “hold” rating in a research note on Friday, August 15th. JPMorgan Chase & Co. lifted their price objective on shares of Applied Materials from $210.00 to $220.00 and gave the stock an “overweight” rating in a report on Friday, August 15th. Morgan Stanley upgraded shares of Applied Materials from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $172.00 to $209.00 in a research report on Monday, September 22nd. Daiwa America downgraded Applied Materials from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 20th. Finally, The Goldman Sachs Group lifted their price target on Applied Materials from $215.00 to $250.00 and gave the stock a “buy” rating in a research note on Thursday, October 9th. Eighteen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $204.54.

Applied Materials Stock Performance

Applied Materials stock opened at $219.48 on Tuesday. The firm has a fifty day simple moving average of $183.33 and a two-hundred day simple moving average of $172.31. The company has a quick ratio of 1.76, a current ratio of 2.50 and a debt-to-equity ratio of 0.28. Applied Materials, Inc. has a twelve month low of $123.74 and a twelve month high of $226.49. The company has a market capitalization of $174.85 billion, a PE ratio of 26.16, a P/E/G ratio of 2.75 and a beta of 1.82.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.36 by $0.12. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The firm had revenue of $7.30 billion for the quarter, compared to analysts’ expectations of $7.21 billion. During the same period last year, the firm earned $2.12 earnings per share. The company’s revenue for the quarter 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. Research analysts expect that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be given a $0.46 dividend. The ex-dividend date is Thursday, November 20th. This represents a $1.84 annualized dividend and a yield of 0.8%. Applied Materials’s payout ratio is presently 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.