Eagle Capital Management LLC Trims Stock Position in Applied Materials, Inc. $AMAT

Eagle Capital Management LLC decreased its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 0.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,597 shares of the manufacturing equipment provider’s stock after selling 99 shares during the period. Applied Materials makes up about 1.3% of Eagle Capital Management LLC’s holdings, making the stock its 24th biggest position. Eagle Capital Management LLC’s holdings in Applied Materials were worth $2,855,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AMAT. Runnymede Capital Advisors Inc. increased its position in Applied Materials by 972.2% during the 1st quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider’s stock worth $28,000 after purchasing an additional 175 shares during the period. Smallwood Wealth Investment Management LLC acquired a new position in Applied Materials during the 1st quarter worth approximately $29,000. Maseco LLP acquired a new position in Applied Materials during the 2nd quarter worth approximately $30,000. Clal Insurance Enterprises Holdings Ltd increased its position in Applied Materials by 435.0% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider’s stock worth $31,000 after purchasing an additional 174 shares during the period. Finally, Activest Wealth Management increased its position in Applied Materials by 5,325.0% during the 1st quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider’s stock worth $31,000 after purchasing an additional 213 shares during the period. Institutional investors and hedge funds own 80.56% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on AMAT shares. DZ Bank cut Applied Materials from a “hold” rating to a “sell” rating and set a $150.00 target price on the stock. in a research report on Friday, August 15th. TD Cowen lowered their price target on Applied Materials from $220.00 to $200.00 and set a “buy” rating on the stock in a report on Friday, August 15th. Wolfe Research lowered their price target on Applied Materials from $230.00 to $200.00 and set an “outperform” rating on the stock in a report on Friday, August 15th. Cantor Fitzgerald lowered their price target on Applied Materials from $220.00 to $200.00 and set an “overweight” rating on the stock in a report on Friday, August 15th. Finally, JPMorgan Chase & Co. upped their price target on Applied Materials from $210.00 to $220.00 and gave the stock an “overweight” rating in a report on Friday, August 15th. Seventeen 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 data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $194.15.

Applied Materials Price Performance

AMAT stock opened at $204.73 on Wednesday. Applied Materials, Inc. has a 1 year low of $123.74 and a 1 year high of $215.70. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.76 and a current ratio of 2.50. The stock’s 50 day moving average price is $177.54 and its 200 day moving average price is $168.06. The firm has a market cap of $163.10 billion, a P/E ratio of 24.40, a PEG ratio of 2.92 and a beta of 1.77.

Applied Materials (NASDAQ:AMAT) last posted its 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. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The firm had revenue of $7.30 billion for the quarter, compared to analyst estimates of $7.21 billion. During the same quarter in the prior year, the company earned $2.12 EPS. Applied Materials’s revenue was up 7.7% on a year-over-year basis. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, sell-side analysts expect that Applied Materials, Inc. will post 9.38 earnings per share 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. Shareholders of record on Thursday, November 20th will be paid a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Thursday, November 20th. Applied Materials’s dividend payout ratio 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.