Applied Materials, Inc. $AMAT Shares Bought by PFG Advisors

PFG Advisors raised its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 27.7% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,560 shares of the manufacturing equipment provider’s stock after purchasing an additional 990 shares during the quarter. PFG Advisors’ holdings in Applied Materials were worth $835,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of AMAT. Bank of New York Mellon Corp raised its position in Applied Materials by 3.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 7,951,691 shares of the manufacturing equipment provider’s stock worth $1,455,716,000 after buying an additional 291,358 shares during the last quarter. Ameriprise Financial Inc. lifted its position in Applied Materials by 23.6% during the first quarter. Ameriprise Financial Inc. now owns 7,860,838 shares of the manufacturing equipment provider’s stock valued at $1,140,836,000 after purchasing an additional 1,502,995 shares during the period. Amundi boosted its holdings in Applied Materials by 15.8% in the first quarter. Amundi now owns 7,656,034 shares of the manufacturing equipment provider’s stock valued at $1,038,504,000 after purchasing an additional 1,046,635 shares during the last quarter. Nuveen LLC acquired a new stake in Applied Materials during the 1st quarter worth about $1,085,600,000. Finally, Deutsche Bank AG raised its stake in shares of Applied Materials by 20.7% during the 1st quarter. Deutsche Bank AG now owns 7,189,402 shares of the manufacturing equipment provider’s stock valued at $1,043,326,000 after buying an additional 1,235,097 shares during the last quarter. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

Applied Materials Price Performance

Applied Materials stock opened at $235.08 on Tuesday. The company’s fifty day moving average price is $206.80 and its 200 day moving average price is $185.16. Applied Materials, Inc. has a 1 year low of $123.74 and a 1 year high of $242.50. The stock has a market capitalization of $187.27 billion, a P/E ratio of 28.02, a P/E/G ratio of 2.95 and a beta of 1.84. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.76 and a current ratio of 2.50.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share for the quarter, topping analysts’ consensus estimates of $2.36 by $0.12. The company had revenue of $7.30 billion during the quarter, compared to analysts’ expectations of $7.21 billion. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The firm’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same period in the prior year, the business posted $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, equities research analysts anticipate that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be paid a $0.46 dividend. The ex-dividend date of this dividend 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 currently 21.93%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on AMAT. Morgan Stanley restated an “overweight” rating and issued a $256.00 target price on shares of Applied Materials in a research note on Friday, October 31st. Barclays upped their price objective on Applied Materials from $170.00 to $250.00 and gave the stock an “equal weight” rating in a research report on Monday, October 20th. Wells Fargo & Company raised their price objective on shares of Applied Materials from $240.00 to $250.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Applied Materials in a research note on Wednesday, October 8th. Finally, KeyCorp increased their price target on shares of Applied Materials from $220.00 to $240.00 and gave the stock an “overweight” rating in a report on Friday, October 10th. Eighteen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $210.96.

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.