Livforsakringsbolaget Skandia Omsesidigt Buys 11,000 Shares of Applied Materials, Inc. $AMAT

Livforsakringsbolaget Skandia Omsesidigt boosted its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 18.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 69,107 shares of the manufacturing equipment provider’s stock after purchasing an additional 11,000 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Applied Materials were worth $12,649,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AMAT. Brighton Jones LLC lifted its position in Applied Materials by 28.0% during the fourth quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock valued at $2,061,000 after purchasing an additional 2,771 shares during the period. Value Partners Investments Inc. lifted its position in Applied Materials by 8.7% during the fourth quarter. Value Partners Investments Inc. now owns 9,896 shares of the manufacturing equipment provider’s stock valued at $1,608,000 after purchasing an additional 793 shares during the period. Two Sigma Investments LP raised its position in Applied Materials by 10,767.6% in the fourth quarter. Two Sigma Investments LP now owns 1,347,580 shares of the manufacturing equipment provider’s stock worth $219,157,000 after acquiring an additional 1,335,180 shares during the period. Two Sigma Advisers LP raised its position in Applied Materials by 756.1% in the fourth quarter. Two Sigma Advisers LP now owns 511,100 shares of the manufacturing equipment provider’s stock worth $83,120,000 after acquiring an additional 451,400 shares during the period. Finally, Triglav Skladi D.O.O. bought a new position in Applied Materials in the fourth quarter worth approximately $2,115,000. Institutional investors own 80.56% of the company’s stock.

Wall Street Analyst Weigh In

AMAT has been the topic of several recent research reports. Bank of America reiterated a “neutral” rating and issued a $180.00 price target (down from $190.00) on shares of Applied Materials in a research report on Friday, August 15th. JPMorgan Chase & Co. increased their price target on shares of Applied Materials from $210.00 to $220.00 and gave the stock an “overweight” rating in a research report on Friday, August 15th. Cfra Research upgraded shares of Applied Materials to a “hold” rating in a research report on Friday, August 15th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Applied Materials from $200.00 to $170.00 and set a “hold” rating on the stock in a research report on Friday, August 15th. Finally, Redburn Atlantic downgraded shares of Applied Materials from a “strong-buy” rating to a “hold” rating and decreased their price target for the stock from $225.00 to $200.00 in a research report on Monday, July 7th. Sixteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $192.92.

Insiders Place Their Bets

In related news, CAO Adam Sanders sold 562 shares of the firm’s stock in a transaction on Tuesday, June 24th. The shares were sold at an average price of $178.60, for a total transaction of $100,373.20. Following the completion of the transaction, the chief accounting officer directly owned 5,300 shares of the company’s stock, valued at approximately $946,580. This trade represents a 9.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.24% of the company’s stock.

Applied Materials Stock Performance

Shares of NASDAQ AMAT opened at $170.93 on Tuesday. The firm has a fifty day moving average price of $177.39 and a 200-day moving average price of $164.84. 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 stock has a market cap of $136.17 billion, a PE ratio of 20.37, a price-to-earnings-growth ratio of 2.39 and a beta of 1.77. Applied Materials, Inc. has a 1 year low of $123.74 and a 1 year high of $215.70.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings data 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 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 company’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period in the prior year, the company posted $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Equities 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 announced a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be paid a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, November 20th. Applied Materials’s dividend payout ratio (DPR) is presently 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.