Applied Materials, Inc. $AMAT Shares Acquired by VCI Wealth Management LLC

VCI Wealth Management LLC lifted its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 9.2% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 7,092 shares of the manufacturing equipment provider’s stock after buying an additional 600 shares during the period. VCI Wealth Management LLC’s holdings in Applied Materials were worth $1,298,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Avity Investment Management Inc. increased its stake in 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 worth $40,428,000 after buying an additional 8,680 shares during the period. Generali Investments Towarzystwo Funduszy Inwestycyjnych increased its stake in 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 worth $3,867,000 after buying an additional 3,000 shares during the period. Redwood Investment Management LLC increased its stake in 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 worth $1,876,000 after buying an additional 9,781 shares during the period. Gallacher Capital Management LLC purchased a new stake in Applied Materials during the 2nd quarter worth $410,000. Finally, LifePlan Financial LLC purchased a new stake in Applied Materials during the 2nd quarter worth $755,000. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Stock Performance

Shares of Applied Materials stock opened at $228.13 on Tuesday. The firm has a market cap of $181.74 billion, a PE ratio of 27.19, a price-to-earnings-growth ratio of 2.81 and a beta of 1.82. The firm’s 50-day simple moving average is $187.67 and its 200-day simple moving average is $175.28. 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 1 year low of $123.74 and a 1 year high of $232.07.

Applied Materials (NASDAQ:AMAT) last issued its earnings results 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. The business had revenue of $7.30 billion for 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 company’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 posted $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Equities analysts forecast that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be paid 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 0.8%. Applied Materials’s dividend payout ratio is currently 21.93%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on AMAT shares. 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. JPMorgan Chase & Co. lifted their price target on shares of Applied Materials from $210.00 to $220.00 and gave the stock an “overweight” rating in a research note on Friday, August 15th. B. Riley lifted their price target on shares of Applied Materials from $200.00 to $265.00 and gave the stock a “buy” rating in a research note on Friday, October 10th. Wells Fargo & Company lifted their price target on shares of Applied Materials from $240.00 to $250.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 8th. Finally, Redburn Atlantic downgraded shares of Applied Materials from a “strong-buy” rating to a “hold” rating and dropped their price target for the stock from $225.00 to $200.00 in a research note on Monday, July 7th. 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 company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $209.15.

Applied Materials Company 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.