Applied Materials, Inc. $AMAT Shares Purchased by Leelyn Smith LLC

Leelyn Smith LLC grew its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 2.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,210 shares of the manufacturing equipment provider’s stock after purchasing an additional 871 shares during the period. Applied Materials accounts for about 0.9% of Leelyn Smith LLC’s investment portfolio, making the stock its 24th largest position. Leelyn Smith LLC’s holdings in Applied Materials were worth $5,714,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Smallwood Wealth Investment Management LLC bought a new stake in Applied Materials during the first quarter valued at $29,000. Maseco LLP acquired a new position in shares of Applied Materials in the second quarter valued at $30,000. Clal Insurance Enterprises Holdings Ltd grew its holdings in shares of Applied Materials by 435.0% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider’s stock worth $31,000 after purchasing an additional 174 shares during the last quarter. Activest Wealth Management boosted its holdings in Applied Materials by 5,325.0% in the first quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider’s stock valued at $31,000 after acquiring an additional 213 shares during the last quarter. Finally, Disciplina Capital Management LLC raised its position in shares of Applied Materials by 91.5% during the first quarter. Disciplina Capital Management LLC now owns 272 shares of the manufacturing equipment provider’s stock worth $39,000 after purchasing an additional 130 shares during the period. 80.56% of the stock is owned by institutional investors and hedge funds.

Applied Materials Stock Performance

NASDAQ:AMAT opened at $228.75 on Friday. Applied Materials, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $232.07. The company has a 50 day moving average price of $191.18 and a 200 day moving average price of $177.29. The stock has a market capitalization of $182.23 billion, a P/E ratio of 27.26, a PEG ratio of 2.86 and a beta of 1.82. 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 (NASDAQ:AMAT) last issued its earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share for the quarter, beating the consensus estimate of $2.36 by $0.12. The business had revenue of $7.30 billion for the quarter, compared to the consensus estimate of $7.21 billion. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The business’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Equities research analysts forecast that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders 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 (DPR) is presently 21.93%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on AMAT. Bank of America upgraded Applied Materials from a “neutral” rating to a “buy” rating and raised their price target for the stock from $180.00 to $250.00 in a research report on Monday, October 13th. KeyCorp raised their target price on Applied Materials from $220.00 to $240.00 and gave the stock an “overweight” rating in a research report on Friday, October 10th. Summit Insights cut Applied Materials from a “buy” rating to a “hold” rating in a research report on Friday, August 15th. Wells Fargo & Company boosted their price target on Applied Materials from $240.00 to $250.00 and gave the company an “overweight” rating in a report on Wednesday, October 8th. Finally, Evercore ISI reiterated an “outperform” rating and set a $209.00 target price on shares of Applied Materials in a research note on Friday, August 15th. Eighteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Applied Materials presently has an average rating of “Moderate Buy” and an average target price of $209.15.

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.