Investment Advisory Services Inc. TX ADV Has $638,000 Stock Holdings in Applied Materials, Inc. $AMAT

Investment Advisory Services Inc. TX ADV grew its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 41.4% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 3,484 shares of the manufacturing equipment provider’s stock after buying an additional 1,020 shares during the quarter. Investment Advisory Services Inc. TX ADV’s holdings in Applied Materials were worth $638,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Shelton Wealth Management LLC increased its position in Applied Materials by 1.5% in the second quarter. Shelton Wealth Management LLC now owns 3,398 shares of the manufacturing equipment provider’s stock worth $622,000 after purchasing an additional 51 shares during the period. Octavia Wealth Advisors LLC lifted its holdings in shares of Applied Materials by 0.8% during the 2nd quarter. Octavia Wealth Advisors LLC now owns 6,200 shares of the manufacturing equipment provider’s stock valued at $1,135,000 after purchasing an additional 51 shares in the last quarter. Narus Financial Partners LLC lifted its holdings in shares of Applied Materials by 3.8% during the 2nd quarter. Narus Financial Partners LLC now owns 1,433 shares of the manufacturing equipment provider’s stock valued at $262,000 after purchasing an additional 52 shares in the last quarter. AdvisorNet Financial Inc lifted its holdings in shares of Applied Materials by 2.7% during the 2nd quarter. AdvisorNet Financial Inc now owns 1,958 shares of the manufacturing equipment provider’s stock valued at $358,000 after purchasing an additional 52 shares in the last quarter. Finally, Encompass Wealth Advisors LLC lifted its holdings in shares of Applied Materials by 3.4% during the 2nd quarter. Encompass Wealth Advisors LLC now owns 1,601 shares of the manufacturing equipment provider’s stock valued at $293,000 after purchasing an additional 53 shares in the last quarter. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Applied Materials Stock Up 2.2%

NASDAQ:AMAT opened at $203.92 on Monday. The firm has a market capitalization of $162.45 billion, a price-to-earnings ratio of 24.31, a price-to-earnings-growth ratio of 2.91 and a beta of 1.77. Applied Materials, Inc. has a twelve month low of $123.74 and a twelve month high of $215.70. The stock’s 50 day moving average price is $176.94 and its two-hundred day moving average price is $167.46. 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 (NASDAQ:AMAT) last posted its quarterly earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share for the quarter, topping the consensus estimate 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 quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Equities research analysts expect that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be issued a dividend of $0.46 per share. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.9%. Applied Materials’s payout ratio is presently 21.93%.

Wall Street Analyst Weigh In

AMAT has been the topic of several recent analyst reports. The Goldman Sachs Group began coverage on Applied Materials in a report on Thursday, July 10th. They set a “buy” rating and a $225.00 price objective on the stock. Wall Street Zen cut Applied Materials from a “buy” rating to a “hold” rating in a research note on Saturday, June 14th. Redburn Atlantic cut Applied Materials from a “strong-buy” rating to a “hold” rating and cut their target price for the company from $225.00 to $200.00 in a research note on Monday, July 7th. Wells Fargo & Company cut their target price on Applied Materials from $215.00 to $205.00 and set an “overweight” rating on the stock in a research note on Friday, August 15th. Finally, JPMorgan Chase & Co. boosted their target price on Applied Materials from $210.00 to $220.00 and gave the company an “overweight” rating in a research note on Friday, August 15th. Seventeen research 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.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $194.15.

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.