Brucke Financial Inc. Has $490,000 Holdings in Applied Materials, Inc. $AMAT

Brucke Financial Inc. cut its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 3.3% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 2,677 shares of the manufacturing equipment provider’s stock after selling 92 shares during the quarter. Brucke Financial Inc.’s holdings in Applied Materials were worth $490,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Runnymede Capital Advisors Inc. raised its position in Applied Materials by 972.2% in the first quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider’s stock valued at $28,000 after purchasing an additional 175 shares during the last quarter. Smallwood Wealth Investment Management LLC bought a new position in Applied Materials in the first quarter valued at about $29,000. Maseco LLP bought a new position in Applied Materials in the second quarter valued at about $30,000. Clal Insurance Enterprises Holdings Ltd raised its position in Applied Materials by 435.0% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider’s stock valued at $31,000 after purchasing an additional 174 shares during the last quarter. Finally, Activest Wealth Management raised its position in Applied Materials by 5,325.0% in the first quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider’s stock valued at $31,000 after purchasing an additional 213 shares during the last quarter. 80.56% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have commented on AMAT shares. B. Riley increased their target price on Applied Materials from $200.00 to $265.00 and gave the company a “buy” rating in a research report on Friday. Wells Fargo & Company increased their target price on Applied Materials from $240.00 to $250.00 and gave the company an “overweight” rating in a research report on Wednesday. Summit Insights downgraded Applied Materials from a “buy” rating to a “hold” rating in a research report on Friday, August 15th. Wolfe Research lowered their price objective on Applied Materials from $230.00 to $200.00 and set an “outperform” rating for the company in a research report on Friday, August 15th. Finally, KeyCorp raised their price objective on Applied Materials from $220.00 to $240.00 and gave the stock an “overweight” rating in a research report on Friday. Seventeen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $200.50.

Applied Materials Trading Down 4.7%

NASDAQ AMAT opened at $209.95 on Friday. The business has a 50 day simple moving average of $182.60 and a 200 day simple moving average of $171.47. Applied Materials, Inc. has a one year low of $123.74 and a one year high of $226.49. The stock has a market capitalization of $167.25 billion, a P/E ratio of 25.02, a P/E/G ratio of 2.89 and a beta of 1.82. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.50 and a quick ratio of 1.76.

Applied Materials (NASDAQ:AMAT) last released its earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 EPS for the quarter, topping the consensus estimate of $2.36 by $0.12. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The business had revenue of $7.30 billion during the quarter, compared to analysts’ expectations of $7.21 billion. During the same quarter last year, the firm posted $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 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 paid a dividend of $0.46 per share. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $1.84 annualized dividend and a yield of 0.9%. Applied Materials’s dividend payout ratio (DPR) is currently 21.93%.

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.