Versor Investments LP Cuts Position in Applied Materials, Inc. $AMAT

Versor Investments LP trimmed its position in Applied Materials, Inc. (NASDAQ:AMAT) by 57.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,542 shares of the manufacturing equipment provider’s stock after selling 3,381 shares during the quarter. Versor Investments LP’s holdings in Applied Materials were worth $465,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Ameriprise Financial Inc. raised its holdings in shares of Applied Materials by 23.6% in the 1st quarter. Ameriprise Financial Inc. now owns 7,860,838 shares of the manufacturing equipment provider’s stock worth $1,140,836,000 after purchasing an additional 1,502,995 shares during the period. Amundi raised its holdings in shares of Applied Materials by 15.8% in the 1st quarter. Amundi now owns 7,656,034 shares of the manufacturing equipment provider’s stock worth $1,038,504,000 after purchasing an additional 1,046,635 shares during the period. Nuveen LLC purchased a new position in shares of Applied Materials in the 1st quarter worth about $1,085,600,000. Deutsche Bank AG raised its holdings in shares of Applied Materials by 20.7% in the 1st quarter. Deutsche Bank AG now owns 7,189,402 shares of the manufacturing equipment provider’s stock worth $1,043,326,000 after purchasing an additional 1,235,097 shares during the period. Finally, Price T Rowe Associates Inc. MD raised its holdings in shares of Applied Materials by 43.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,573,673 shares of the manufacturing equipment provider’s stock worth $808,853,000 after purchasing an additional 1,691,428 shares during the period. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

Applied Materials Price Performance

AMAT stock opened at $230.19 on Wednesday. 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, Inc. has a 52-week low of $123.74 and a 52-week high of $242.50. The stock’s 50 day moving average is $201.03 and its two-hundred day moving average is $182.54. The company 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.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.36 by $0.12. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The company had revenue of $7.30 billion for the quarter, compared to the consensus estimate of $7.21 billion. During the same period in the previous year, the business earned $2.12 EPS. Applied Materials’s revenue for the quarter 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. Analysts predict that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be issued a dividend of $0.46 per share. The ex-dividend date is Thursday, November 20th. This represents a $1.84 annualized dividend and a yield of 0.8%. Applied Materials’s payout ratio is currently 21.93%.

Analysts Set New Price Targets

Several equities research analysts recently commented on AMAT shares. Daiwa America downgraded Applied Materials from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 20th. Cantor Fitzgerald reiterated an “overweight” rating and set a $225.00 target price on shares of Applied Materials in a report on Friday, October 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Applied Materials in a report on Wednesday, October 8th. Mizuho raised their target price on Applied Materials from $175.00 to $215.00 and gave the company a “neutral” rating in a report on Thursday, October 16th. Finally, Stifel Nicolaus raised their target price on Applied Materials from $180.00 to $215.00 and gave the company a “buy” rating in a report on Monday, October 13th. Eighteen investment 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. According to data from MarketBeat.com, Applied Materials has a consensus rating of “Moderate Buy” and a consensus price target of $210.96.

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.