Applied Materials, Inc. $AMAT Shares Sold by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. reduced its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 34.5% in the 2nd quarter, Holdings Channel.com reports. The fund owned 25,615 shares of the manufacturing equipment provider’s stock after selling 13,495 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Applied Materials were worth $4,722,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Runnymede Capital Advisors Inc. grew its holdings in Applied Materials by 972.2% during the 1st quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider’s stock worth $28,000 after acquiring an additional 175 shares in the last quarter. Smallwood Wealth Investment Management LLC acquired a new position in shares of Applied Materials in the 1st quarter valued at about $29,000. Maseco LLP acquired a new position 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 during the period. Finally, Activest Wealth Management boosted its holdings 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 buying an additional 213 shares during the period. 80.56% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on AMAT. TD Cowen decreased their price target on shares of Applied Materials from $220.00 to $200.00 and set a “buy” rating for the company in a report on Friday, August 15th. B. Riley lifted their price target on shares of Applied Materials from $200.00 to $265.00 and gave the company a “buy” rating in a report on Friday. Stifel Nicolaus lifted their price target on shares of Applied Materials from $180.00 to $215.00 and gave the company a “buy” rating in a report on Monday. Evercore ISI reaffirmed an “outperform” rating and issued a $209.00 price target on shares of Applied Materials in a report on Friday, August 15th. Finally, Daiwa Capital Markets reaffirmed a “neutral” rating and issued a $170.00 price target (down from $185.00) on shares of Applied Materials in a report on Wednesday, August 20th. Eighteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $204.54.

Applied Materials Trading Up 4.5%

Applied Materials stock opened at $219.48 on Tuesday. The company has a quick ratio of 1.76, a current ratio of 2.50 and a debt-to-equity ratio of 0.28. The firm has a 50-day moving average price of $183.33 and a two-hundred day moving average price of $172.31. The firm has a market capitalization of $174.85 billion, a price-to-earnings ratio of 26.16, a PEG ratio of 2.75 and a beta of 1.82. Applied Materials, Inc. has a 52-week low of $123.74 and a 52-week high of $226.49.

Applied Materials (NASDAQ:AMAT) last posted its earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) 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 firm had revenue of $7.30 billion during the quarter, compared to analyst estimates of $7.21 billion. Applied Materials’s revenue was up 7.7% on a year-over-year basis. During the same period in the previous year, the business posted $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Sell-side analysts expect that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be paid a $0.46 dividend. 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 is currently 21.93%.

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.