NorthRock Partners LLC Has $2.47 Million Stake in Applied Materials, Inc. $AMAT

NorthRock Partners LLC grew its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 4.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 13,475 shares of the manufacturing equipment provider’s stock after purchasing an additional 564 shares during the period. NorthRock Partners LLC’s holdings in Applied Materials were worth $2,467,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Runnymede Capital Advisors Inc. grew its position in shares of Applied Materials by 972.2% during the 1st quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider’s stock valued at $28,000 after acquiring an additional 175 shares during the period. Smallwood Wealth Investment Management LLC bought a new position in shares of Applied Materials in the 1st quarter worth $29,000. Maseco LLP bought a new position in shares of Applied Materials in the 2nd quarter worth $30,000. Clal Insurance Enterprises Holdings Ltd increased 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 worth $31,000 after buying an additional 174 shares during the last quarter. Finally, Activest Wealth Management grew its holdings in shares of Applied Materials by 5,325.0% during 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 owned by institutional investors.

Applied Materials Stock Down 4.7%

Shares of Applied Materials stock opened at $209.95 on Monday. Applied Materials, Inc. has a 1 year low of $123.74 and a 1 year high of $226.49. The stock has a market cap of $167.25 billion, a price-to-earnings ratio of 25.02, a PEG ratio of 2.75 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. The firm’s 50-day moving average is $182.60 and its two-hundred day moving average is $171.79.

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 analysts’ consensus estimates of $2.36 by $0.12. The company had revenue of $7.30 billion during the quarter, compared to analysts’ expectations of $7.21 billion. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. Applied Materials’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same period last year, the business earned $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, research analysts expect that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on AMAT shares. The Goldman Sachs Group raised their price target on shares of Applied Materials from $215.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday. Rothschild & Co Redburn cut shares of Applied Materials from a “buy” rating to a “neutral” rating and set a $200.00 price target for the company. in a research report on Monday, July 7th. Mizuho reaffirmed a “neutral” rating and issued a $175.00 target price (down from $200.00) on shares of Applied Materials in a report on Friday, September 12th. UBS Group reduced their price target on shares of Applied Materials from $185.00 to $180.00 and set a “neutral” rating for the company in a research note on Friday, August 15th. Finally, Summit Insights lowered shares of Applied Materials from a “buy” rating to a “hold” rating in a research report on Friday, August 15th. Seventeen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Applied Materials has an average rating of “Moderate Buy” and a consensus price target of $200.50.

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.