Bank of New York Mellon Corp Has $1.46 Billion Position in Applied Materials, Inc. $AMAT

Bank of New York Mellon Corp increased its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 3.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,951,691 shares of the manufacturing equipment provider’s stock after purchasing an additional 291,358 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.99% of Applied Materials worth $1,455,716,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Maseco LLP acquired a new stake in shares of Applied Materials during the second quarter worth approximately $30,000. Clal Insurance Enterprises Holdings Ltd lifted its stake in Applied Materials by 435.0% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider’s stock valued at $31,000 after acquiring an additional 174 shares during the last quarter. Activest Wealth Management lifted its stake 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. Disciplina Capital Management LLC lifted its stake in Applied Materials by 91.5% in the first quarter. Disciplina Capital Management LLC now owns 272 shares of the manufacturing equipment provider’s stock valued at $39,000 after acquiring an additional 130 shares during the last quarter. Finally, Greenline Partners LLC acquired a new stake in Applied Materials in the first quarter valued at approximately $39,000. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Applied Materials Trading Up 0.2%

Shares of AMAT stock opened at $233.10 on Monday. Applied Materials, Inc. has a 1 year low of $123.74 and a 1 year high of $242.50. The firm’s fifty day simple moving average is $198.20 and its 200 day simple moving average is $181.18. The firm has a market capitalization of $185.70 billion, a P/E ratio of 27.78, a price-to-earnings-growth ratio of 2.95 and a beta of 1.82. The company has a current ratio of 2.50, a quick ratio of 1.76 and a debt-to-equity ratio of 0.28.

Applied Materials (NASDAQ:AMAT) last announced its earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (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 business had revenue of $7.30 billion for the quarter, compared to analyst estimates of $7.21 billion. During the same quarter in the previous year, the firm posted $2.12 earnings per share. Applied Materials’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. As a group, sell-side analysts predict that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Announces Dividend

The firm also recently declared 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 is Thursday, November 20th. This represents a $1.84 dividend on an annualized basis and a yield of 0.8%. Applied Materials’s payout ratio is currently 21.93%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on AMAT. Morgan Stanley reiterated an “overweight” rating and issued a $256.00 target price on shares of Applied Materials in a research note on Friday. Redburn Atlantic lowered shares of Applied Materials from a “strong-buy” rating to a “hold” rating and dropped their price target for the company from $225.00 to $200.00 in a research report on Monday, July 7th. Daiwa Capital Markets reissued a “neutral” rating and issued a $170.00 price target (down previously from $185.00) on shares of Applied Materials in a research report on Wednesday, August 20th. Rothschild & Co Redburn lowered shares of Applied Materials from a “buy” rating to a “neutral” rating and set a $200.00 price target on the stock. in a research report on Monday, July 7th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Applied Materials in a research report on Wednesday, October 8th. Eighteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $210.96.

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.