Applied Materials, Inc. $AMAT Shares Sold by Stratos Wealth Advisors LLC

Stratos Wealth Advisors LLC lowered its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 15.6% in the 2nd quarter, Holdings Channel.com reports. The fund owned 4,690 shares of the manufacturing equipment provider’s stock after selling 870 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in Applied Materials were worth $859,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Angeles Wealth Management LLC boosted its position in Applied Materials by 50.7% during the 2nd quarter. Angeles Wealth Management LLC now owns 3,173 shares of the manufacturing equipment provider’s stock worth $581,000 after purchasing an additional 1,068 shares during the period. Applied Finance Capital Management LLC lifted its stake in shares of Applied Materials by 2.6% during the second quarter. Applied Finance Capital Management LLC now owns 217,136 shares of the manufacturing equipment provider’s stock worth $39,751,000 after purchasing an additional 5,553 shares in the last quarter. First National Bank of Mount Dora Trust Investment Services boosted its position in shares of Applied Materials by 1.5% in the second quarter. First National Bank of Mount Dora Trust Investment Services now owns 25,894 shares of the manufacturing equipment provider’s stock worth $4,740,000 after buying an additional 386 shares during the period. Nordea Investment Management AB grew its stake in shares of Applied Materials by 2.1% in the second quarter. Nordea Investment Management AB now owns 2,329,966 shares of the manufacturing equipment provider’s stock valued at $427,292,000 after buying an additional 48,294 shares in the last quarter. Finally, Empirical Asset Management LLC acquired a new stake in shares of Applied Materials in the second quarter valued at about $293,000. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Trading Down 1.2%

AMAT opened at $224.99 on Friday. The stock has a market capitalization of $179.24 billion, a PE ratio of 26.82, a P/E/G ratio of 2.81 and a beta of 1.82. The firm’s fifty day moving average price is $186.80 and its 200 day moving average price is $174.30. 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, Inc. has a 12-month low of $123.74 and a 12-month high of $232.07.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share for the quarter, topping 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% compared to the same quarter last year. During the same period last year, the business earned $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, research analysts expect that Applied Materials, Inc. will post 9.38 EPS 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. Investors of record on Thursday, November 20th will be issued a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, November 20th. Applied Materials’s payout ratio is currently 21.93%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. B. Riley upped their price target on Applied Materials from $200.00 to $265.00 and gave the stock a “buy” rating in a report on Friday, October 10th. Evercore ISI reissued an “outperform” rating and set a $209.00 target price on shares of Applied Materials in a research report on Friday, August 15th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Applied Materials in a report on Wednesday, October 8th. UBS Group dropped their price target on shares of Applied Materials from $185.00 to $180.00 and set a “neutral” rating on the stock in a research note on Friday, August 15th. Finally, Mizuho boosted their price objective on shares of Applied Materials from $175.00 to $215.00 and gave the stock a “neutral” rating in a report on Thursday. Eighteen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $206.08.

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.