TFB Advisors LLC lifted its stake in Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 8.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,728 shares of the manufacturing equipment provider’s stock after purchasing an additional 139 shares during the period. TFB Advisors LLC’s holdings in Applied Materials were worth $316,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. Avity Investment Management Inc. increased its holdings in shares of Applied Materials by 4.1% in the second quarter. Avity Investment Management Inc. now owns 220,835 shares of the manufacturing equipment provider’s stock valued at $40,428,000 after purchasing an additional 8,680 shares in the last quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych grew its holdings in Applied Materials by 12.7% during the 1st quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 26,650 shares of the manufacturing equipment provider’s stock worth $3,867,000 after acquiring an additional 3,000 shares during the period. Redwood Investment Management LLC grew its holdings in Applied Materials by 311.2% during the 1st quarter. Redwood Investment Management LLC now owns 12,924 shares of the manufacturing equipment provider’s stock worth $1,876,000 after acquiring an additional 9,781 shares during the period. Gallacher Capital Management LLC acquired a new stake in Applied Materials during the 2nd quarter worth $410,000. Finally, LifePlan Financial LLC acquired a new stake in Applied Materials during the 2nd quarter worth $755,000. Institutional investors and hedge funds own 80.56% of the company’s stock.
Wall Street Analyst Weigh In
A number of analysts have commented on the stock. Evercore ISI reaffirmed an “outperform” rating and set a $209.00 target price on shares of Applied Materials in a report on Friday, August 15th. UBS Group lowered their target price on shares of Applied Materials from $185.00 to $180.00 and set a “neutral” rating for the company in a report on Friday, August 15th. Stifel Nicolaus lifted their target price on shares of Applied Materials from $180.00 to $215.00 and gave the stock a “buy” rating in a report on Monday, October 13th. Daiwa America lowered shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 20th. Finally, The Goldman Sachs Group lifted their price target on shares of Applied Materials from $215.00 to $250.00 and gave the stock a “buy” rating in a research report on Thursday, October 9th. Eighteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Applied Materials presently has an average rating of “Moderate Buy” and a consensus price target of $209.15.
Applied Materials Trading Down 2.4%
Shares of NASDAQ AMAT opened at $220.56 on Thursday. The company’s fifty day moving average is $189.03 and its 200-day moving average is $175.94. The stock has a market cap of $175.71 billion, a price-to-earnings ratio of 26.29, a P/E/G ratio of 2.83 and a beta of 1.82. Applied Materials, Inc. has a twelve month low of $123.74 and a twelve month high of $232.07. The company has a quick ratio of 1.76, a current ratio of 2.50 and a debt-to-equity ratio of 0.28.
Applied Materials (NASDAQ:AMAT – Get Free Report) last announced its quarterly earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share for the quarter, topping analysts’ consensus estimates of $2.36 by $0.12. The company had revenue of $7.30 billion for 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%. The business’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same period last year, the firm posted $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Equities research analysts predict that Applied Materials, Inc. will post 9.38 EPS for the current year.
Applied Materials Announces Dividend
The business 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 $0.46 dividend. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $1.84 dividend on an annualized basis and a yield of 0.8%. Applied Materials’s dividend payout ratio is presently 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.
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