Atria Investments Inc raised its position in Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 15.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 60,744 shares of the manufacturing equipment provider’s stock after purchasing an additional 8,170 shares during the period. Atria Investments Inc’s holdings in Applied Materials were worth $11,120,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. Maseco LLP bought a new position in Applied Materials in the 2nd quarter valued at $30,000. Clal Insurance Enterprises Holdings Ltd boosted its holdings in Applied Materials by 435.0% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider’s stock valued at $31,000 after purchasing an additional 174 shares during the period. Activest Wealth Management boosted its holdings in Applied Materials by 5,325.0% in the 1st quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider’s stock valued at $31,000 after purchasing an additional 213 shares during the period. Quaker Wealth Management LLC lifted its holdings in shares of Applied Materials by 133.3% during the 2nd quarter. Quaker Wealth Management LLC now owns 218 shares of the manufacturing equipment provider’s stock worth $40,000 after acquiring an additional 873 shares during the last quarter. Finally, RMG Wealth Management LLC bought a new stake in shares of Applied Materials during the 2nd quarter worth $47,000. 80.56% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on AMAT shares. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Applied Materials from $200.00 to $170.00 and set a “hold” rating for the company in a report on Friday, August 15th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $225.00 price objective on shares of Applied Materials in a report on Friday, October 3rd. 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. Rothschild & Co Redburn downgraded shares of Applied Materials from a “buy” rating to a “neutral” rating and set a $200.00 price objective for the company. in a report on Monday, July 7th. Finally, Stifel Nicolaus lifted their price objective on shares of Applied Materials from $180.00 to $215.00 and gave the stock a “buy” rating in a report on Monday, October 13th. Eighteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $209.15.
Applied Materials Price Performance
Shares of NASDAQ:AMAT opened at $232.55 on Friday. The stock has a market cap of $185.26 billion, a PE ratio of 27.72, a PEG ratio of 2.95 and a beta of 1.82. The company’s fifty day moving average is $196.79 and its 200 day moving average is $180.02. Applied Materials, Inc. has a 52 week low of $123.74 and a 52 week high of $242.50. 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 (NASDAQ:AMAT – Get Free Report) last issued its earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 EPS for the quarter, topping analysts’ consensus estimates of $2.36 by $0.12. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The company had revenue of $7.30 billion for the quarter, compared to analysts’ expectations of $7.21 billion. During the same quarter last year, the company earned $2.12 EPS. The firm’s revenue 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 anticipate that Applied Materials, Inc. will post 9.38 earnings per share for the current year.
Applied Materials Announces Dividend
The company 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 dividend on an annualized basis and a dividend 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.
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