Fulton Breakefield Broenniman LLC Grows Position in Applied Materials, Inc. $AMAT

Fulton Breakefield Broenniman LLC increased its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 13.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,821 shares of the manufacturing equipment provider’s stock after purchasing an additional 216 shares during the period. Fulton Breakefield Broenniman LLC’s holdings in Applied Materials were worth $333,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in AMAT. Brighton Jones LLC boosted its stake in shares of Applied Materials by 28.0% during the 4th quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock worth $2,061,000 after purchasing an additional 2,771 shares during the period. GAMMA Investing LLC boosted its stake in shares of Applied Materials by 27.5% during the 1st quarter. GAMMA Investing LLC now owns 12,571 shares of the manufacturing equipment provider’s stock worth $1,824,000 after purchasing an additional 2,711 shares during the period. Simplicity Wealth LLC purchased a new position in shares of Applied Materials during the 1st quarter worth about $351,000. Integrated Advisors Network LLC boosted its stake in shares of Applied Materials by 37.2% during the 1st quarter. Integrated Advisors Network LLC now owns 10,385 shares of the manufacturing equipment provider’s stock worth $1,507,000 after purchasing an additional 2,814 shares during the period. Finally, Assenagon Asset Management S.A. boosted its position in Applied Materials by 5.4% in the 1st quarter. Assenagon Asset Management S.A. now owns 1,849,953 shares of the manufacturing equipment provider’s stock valued at $268,465,000 after buying an additional 94,861 shares during the period. 80.56% of the stock is owned by hedge funds and other institutional investors.

Applied Materials Price Performance

Shares of AMAT opened at $217.51 on Thursday. The company has a 50 day moving average price of $181.20 and a 200-day moving average price of $170.63. Applied Materials, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $226.49. The stock has a market capitalization of $173.28 billion, a PE ratio of 25.92, a PEG ratio of 2.77 and a beta of 1.82. 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 announced 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. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The firm had revenue of $7.30 billion during the quarter, compared to analysts’ expectations of $7.21 billion. During the same quarter in the prior year, the company earned $2.12 EPS. The company’s revenue was up 7.7% compared to the same quarter last year. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Equities analysts predict that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The company also recently disclosed 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 dividend yield of 0.8%. The ex-dividend date is Thursday, November 20th. Applied Materials’s payout ratio is 21.93%.

Wall Street Analyst Weigh In

AMAT has been the topic of a number of research analyst reports. Wells Fargo & Company upped their target price on shares of Applied Materials from $240.00 to $250.00 and gave the stock an “overweight” rating in a research note on Wednesday. Citigroup dropped their target price on shares of Applied Materials from $220.00 to $205.00 and set a “buy” rating on the stock in a research note on Friday, August 15th. Wolfe Research dropped their target price on shares of Applied Materials from $230.00 to $200.00 and set an “outperform” rating on the stock in a research note on Friday, August 15th. Rothschild & Co Redburn downgraded shares of Applied Materials from a “buy” rating to a “neutral” rating and set a $200.00 target price on the stock. in a research note on Monday, July 7th. Finally, Mizuho restated a “neutral” rating and issued a $175.00 target price (down from $200.00) on shares of Applied Materials in a research note on Friday, September 12th. Seventeen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Applied Materials presently has a consensus rating of “Moderate Buy” and an average target price of $196.85.

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.