Applied Materials, Inc. $AMAT Shares Sold by Warm Springs Advisors Inc.

Warm Springs Advisors Inc. reduced its position in Applied Materials, Inc. (NASDAQ:AMAT) by 15.9% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 1,487 shares of the manufacturing equipment provider’s stock after selling 282 shares during the period. Warm Springs Advisors Inc.’s holdings in Applied Materials were worth $272,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in AMAT. Maseco LLP purchased a new stake in Applied Materials in the second quarter valued at approximately $30,000. Clal Insurance Enterprises Holdings Ltd grew its position 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 acquiring an additional 174 shares during the last quarter. Activest Wealth Management increased its holdings in shares of 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 acquiring an additional 213 shares during the period. Disciplina Capital Management LLC increased its holdings in shares of Applied Materials by 91.5% in the 1st 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 period. Finally, Greenline Partners LLC purchased a new stake in Applied Materials in the 1st quarter valued at $39,000. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. Summit Insights downgraded shares of Applied Materials from a “buy” rating to a “hold” rating in a research report on Friday, August 15th. Bank of America upgraded shares of Applied Materials from a “neutral” rating to a “buy” rating and increased their target price for the stock from $180.00 to $250.00 in a research note on Monday, October 13th. Wells Fargo & Company raised their price target on Applied Materials from $240.00 to $250.00 and gave the stock an “overweight” rating in a report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft reduced their price objective on Applied Materials from $200.00 to $170.00 and set a “hold” rating for the company in a research note on Friday, August 15th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $256.00 price objective on shares of Applied Materials in a research report on Friday, October 31st. 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 stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $210.96.

Applied Materials Trading Down 3.1%

Shares of AMAT opened at $233.53 on Friday. Applied Materials, Inc. has a twelve month low of $123.74 and a twelve month high of $242.50. The company has a current ratio of 2.50, a quick ratio of 1.76 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $186.04 billion, a P/E ratio of 27.83, a PEG ratio of 2.95 and a beta of 1.84. The firm’s 50-day moving average is $203.93 and its two-hundred day moving average is $183.30.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.36 by $0.12. The company had revenue of $7.30 billion during 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 company’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same period last year, the firm earned $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, research analysts predict that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be issued a $0.46 dividend. 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 is 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.