Quent Capital LLC Buys 140 Shares of Applied Materials, Inc. $AMAT

Quent Capital LLC raised its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 4.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,630 shares of the manufacturing equipment provider’s stock after buying an additional 140 shares during the period. Quent Capital LLC’s holdings in Applied Materials were worth $665,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AMAT. Shelton Wealth Management LLC increased its position in Applied Materials by 1.5% during the 2nd 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 in the last quarter. Octavia Wealth Advisors LLC increased its position in 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 worth $1,135,000 after purchasing an additional 51 shares in the last quarter. Narus Financial Partners LLC increased its position in 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 worth $262,000 after purchasing an additional 52 shares in the last quarter. AdvisorNet Financial Inc increased its position in Applied Materials by 2.7% during the 2nd quarter. AdvisorNet Financial Inc now owns 1,958 shares of the manufacturing equipment provider’s stock worth $358,000 after purchasing an additional 52 shares in the last quarter. Finally, Encompass Wealth Advisors LLC increased its position in 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 worth $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 Down 2.7%

AMAT opened at $217.53 on Friday. 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 company’s 50-day moving average is $179.50 and its 200 day moving average is $169.31. Applied Materials, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $226.41. The firm has a market capitalization of $173.29 billion, a P/E ratio of 25.93, a PEG ratio of 2.93 and a beta of 1.82.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share for the quarter, beating analysts’ consensus estimates of $2.36 by $0.12. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The company had revenue of $7.30 billion for the quarter, compared to analyst estimates of $7.21 billion. During the same period last year, the firm earned $2.12 earnings per share. The firm’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. Research analysts expect that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be given a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis 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 presently 21.93%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Cantor Fitzgerald reiterated an “overweight” rating and set a $225.00 price objective on shares of Applied Materials in a research report on Friday. Wells Fargo & Company decreased their price target on shares of Applied Materials from $215.00 to $205.00 and set an “overweight” rating for the company in a research report on Friday, August 15th. KeyCorp upped their price target on shares of Applied Materials from $200.00 to $220.00 and gave the company an “overweight” rating in a research report on Tuesday, September 23rd. JPMorgan Chase & Co. upped their price target on shares of Applied Materials from $210.00 to $220.00 and gave the company an “overweight” rating in a research report on Friday, August 15th. Finally, Wall Street Zen cut shares of Applied Materials from a “buy” rating to a “hold” rating in a research report on Saturday, June 14th. Seventeen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Applied Materials currently has a consensus rating of “Moderate Buy” and a consensus target price of $195.12.

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.