Vanguard Personalized Indexing Management LLC Purchases 35,012 Shares of Applied Materials, Inc. $AMAT

Vanguard Personalized Indexing Management LLC grew its position in Applied Materials, Inc. (NASDAQ:AMAT) by 31.8% during the second quarter, Holdings Channel reports. The institutional investor owned 145,277 shares of the manufacturing equipment provider’s stock after acquiring an additional 35,012 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Applied Materials were worth $26,601,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of AMAT. Runnymede Capital Advisors Inc. boosted its holdings in shares of Applied Materials by 972.2% in the 1st quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider’s stock valued at $28,000 after buying an additional 175 shares in the last quarter. Smallwood Wealth Investment Management LLC bought a new stake in shares of Applied Materials in the 1st quarter valued at about $29,000. Maseco LLP bought a new stake in shares of Applied Materials in the 2nd quarter valued at about $30,000. Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of Applied Materials by 435.0% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider’s stock valued at $31,000 after buying an additional 174 shares in the last quarter. Finally, Activest Wealth Management raised its position in shares of Applied Materials by 5,325.0% in the 1st 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 currently owned by institutional investors.

Applied Materials Price Performance

Shares of AMAT opened at $209.95 on Friday. The business’s 50-day moving average is $182.60 and its two-hundred day moving average is $171.62. The company has a market capitalization of $167.25 billion, a P/E ratio of 25.02, a P/E/G ratio of 2.75 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, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $226.49.

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. The company had revenue of $7.30 billion for the quarter, compared to the consensus estimate of $7.21 billion. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The firm’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period last year, the firm earned $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Research analysts predict that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Announces Dividend

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

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Applied Materials from $200.00 to $170.00 and set a “hold” rating for the company in a research report on Friday, August 15th. Summit Insights lowered shares of Applied Materials from a “buy” rating to a “hold” rating in a research report on Friday, August 15th. Wolfe Research decreased their price objective on shares of Applied Materials from $230.00 to $200.00 and set an “outperform” rating for the company in a research report on Friday, August 15th. Redburn Atlantic lowered shares of Applied Materials from a “strong-buy” rating to a “hold” rating and decreased their price objective for the company from $225.00 to $200.00 in a research report on Monday, July 7th. Finally, The Goldman Sachs Group increased their price objective on shares of Applied Materials from $215.00 to $250.00 and gave the company a “buy” rating in a research report on Thursday. Seventeen analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Applied Materials has a consensus rating of “Moderate Buy” and a consensus target price of $200.50.

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.