Modera Wealth Management LLC Buys 33,042 Shares of Applied Materials, Inc. $AMAT

Modera Wealth Management LLC raised its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 393.0% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 41,450 shares of the manufacturing equipment provider’s stock after purchasing an additional 33,042 shares during the period. Modera Wealth Management LLC’s holdings in Applied Materials were worth $7,588,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. IFG Advisory LLC boosted its stake in shares of Applied Materials by 1,008.1% during the second quarter. IFG Advisory LLC now owns 36,156 shares of the manufacturing equipment provider’s stock valued at $6,619,000 after purchasing an additional 32,893 shares during the period. Sienna Gestion lifted its holdings in Applied Materials by 10.2% during the 2nd quarter. Sienna Gestion now owns 113,221 shares of the manufacturing equipment provider’s stock valued at $18,924,000 after buying an additional 10,468 shares in the last quarter. Achmea Investment Management B.V. lifted its holdings in Applied Materials by 7.6% during the 2nd quarter. Achmea Investment Management B.V. now owns 501,587 shares of the manufacturing equipment provider’s stock valued at $91,826,000 after buying an additional 35,437 shares in the last quarter. Oppenheimer Asset Management Inc. boosted its position in Applied Materials by 9.5% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 77,178 shares of the manufacturing equipment provider’s stock valued at $14,129,000 after buying an additional 6,704 shares during the period. Finally, Avity Investment Management Inc. grew its stake in Applied Materials by 4.1% in the 2nd quarter. Avity Investment Management Inc. now owns 220,835 shares of the manufacturing equipment provider’s stock worth $40,428,000 after acquiring an additional 8,680 shares in the last quarter. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Wall Street Analyst Weigh In

AMAT has been the topic of a number of recent research reports. UBS Group dropped their price target on Applied Materials from $185.00 to $180.00 and set a “neutral” rating on the stock in a research report on Friday, August 15th. Daiwa Capital Markets reissued a “neutral” rating and set a $170.00 target price (down previously from $185.00) on shares of Applied Materials in a research report on Wednesday, August 20th. Cfra Research upgraded shares of Applied Materials to a “hold” rating in a report on Friday, August 15th. DZ Bank cut Applied Materials from a “hold” rating to a “sell” rating and set a $150.00 price objective for the company. in a report on Friday, August 15th. Finally, Summit Insights lowered shares of Applied Materials from a “buy” rating to a “hold” rating in a report on Friday, August 15th. Eighteen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $210.96.

Applied Materials Trading Down 1.5%

Shares of Applied Materials stock opened at $230.07 on Friday. Applied Materials, Inc. has a twelve month low of $123.74 and a twelve month high of $242.50. The firm’s 50-day moving average price is $205.31 and its 200 day moving average price is $183.96. 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 $183.28 billion, a PE ratio of 27.42, a P/E/G ratio of 2.95 and a beta of 1.84.

Applied Materials (NASDAQ:AMAT) last issued its quarterly 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. The firm had revenue of $7.30 billion for the quarter, compared to analyst estimates of $7.21 billion. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The business’s revenue was up 7.7% on a year-over-year basis. During the same period in the previous year, the company posted $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, sell-side analysts predict that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be paid a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, November 20th. Applied Materials’s dividend payout ratio (DPR) is currently 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.