Applied Materials, Inc. $AMAT Shares Bought by Blue Barn Wealth LLC

Blue Barn Wealth LLC raised its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 13.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,184 shares of the manufacturing equipment provider’s stock after purchasing an additional 258 shares during the period. Blue Barn Wealth LLC’s holdings in Applied Materials were worth $400,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Shelton Wealth Management LLC grew its holdings in Applied Materials by 1.5% in the second quarter. Shelton Wealth Management LLC now owns 3,398 shares of the manufacturing equipment provider’s stock valued at $622,000 after purchasing an additional 51 shares during the period. Octavia Wealth Advisors LLC grew its holdings in Applied Materials by 0.8% in the second quarter. Octavia Wealth Advisors LLC now owns 6,200 shares of the manufacturing equipment provider’s stock valued at $1,135,000 after purchasing an additional 51 shares during the period. Narus Financial Partners LLC grew its holdings in Applied Materials by 3.8% in the second quarter. Narus Financial Partners LLC now owns 1,433 shares of the manufacturing equipment provider’s stock valued at $262,000 after purchasing an additional 52 shares during the period. AdvisorNet Financial Inc grew its holdings in Applied Materials by 2.7% in the second quarter. AdvisorNet Financial Inc now owns 1,958 shares of the manufacturing equipment provider’s stock valued at $358,000 after purchasing an additional 52 shares during the period. Finally, Encompass Wealth Advisors LLC grew its holdings in Applied Materials by 3.4% in the second quarter. Encompass Wealth Advisors LLC now owns 1,601 shares of the manufacturing equipment provider’s stock valued at $293,000 after purchasing an additional 53 shares during the period. 80.56% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have commented on AMAT. The Goldman Sachs Group raised their price objective on Applied Materials from $215.00 to $250.00 and gave the company a “buy” rating in a report on Thursday, October 9th. Mizuho lifted their price target on Applied Materials from $175.00 to $215.00 and gave the stock a “neutral” rating in a research note on Thursday, October 16th. Deutsche Bank Aktiengesellschaft lowered their price target on Applied Materials from $200.00 to $170.00 and set a “hold” rating on the stock in a research note on Friday, August 15th. Evercore ISI reaffirmed an “outperform” rating and issued a $209.00 price target on shares of Applied Materials in a research note on Friday, August 15th. Finally, Stifel Nicolaus lifted their price target on Applied Materials from $180.00 to $215.00 and gave the stock a “buy” rating in a research note on Monday, October 13th. Eighteen equities 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, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $210.96.

Applied Materials Stock Performance

Shares of NASDAQ:AMAT opened at $230.19 on Wednesday. Applied Materials, Inc. has a 1 year low of $123.74 and a 1 year high of $242.50. The firm has a market capitalization of $183.38 billion, a PE ratio of 27.44, a P/E/G ratio of 2.95 and a beta of 1.82. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.50 and a quick ratio of 1.76. The business’s 50 day moving average price is $201.03 and its 200-day moving average price is $182.54.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings data 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 return on equity of 40.96% and a net margin of 23.88%.The firm had revenue of $7.30 billion for the quarter, compared to the consensus estimate of $7.21 billion. During the same quarter last year, the business posted $2.12 earnings per share. 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. As a group, equities research analysts expect that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be given 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 dividend payout ratio (DPR) is presently 21.93%.

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.