GLOBALT Investments LLC GA Grows Stake in Applied Materials, Inc. $AMAT

GLOBALT Investments LLC GA boosted its position in Applied Materials, Inc. (NASDAQ:AMAT) by 1.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,514 shares of the manufacturing equipment provider’s stock after purchasing an additional 128 shares during the period. GLOBALT Investments LLC GA’s holdings in Applied Materials were worth $1,742,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Maseco LLP purchased a new position in Applied Materials in the 2nd quarter valued at approximately $30,000. Smallwood Wealth Investment Management LLC purchased a new position in Applied Materials in the 1st quarter valued at approximately $29,000. Clal Insurance Enterprises Holdings Ltd increased its stake in 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 purchasing an additional 174 shares in the last quarter. Activest Wealth Management increased its stake in 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 in the last quarter. Finally, RMG Wealth Management LLC purchased a new position in Applied Materials in the 2nd quarter valued at approximately $47,000. 80.56% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

AMAT has been the subject of several recent research reports. Summit Insights downgraded Applied Materials from a “buy” rating to a “hold” rating in a research report on Friday, August 15th. The Goldman Sachs Group raised their price target on Applied Materials from $215.00 to $250.00 and gave the stock a “buy” rating in a research report on Thursday, October 9th. Cfra Research raised Applied Materials to a “hold” rating in a research report on Friday, August 15th. Barclays raised their price target on Applied Materials from $170.00 to $250.00 and gave the stock an “equal weight” rating in a research report on Monday. Finally, Mizuho raised their price target on Applied Materials from $175.00 to $215.00 and gave the stock a “neutral” rating in a research report on Thursday, October 16th. 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 stock. According to data from MarketBeat.com, Applied Materials has an average rating of “Moderate Buy” and an average target price of $209.15.

Applied Materials Price Performance

AMAT stock opened at $228.75 on Friday. Applied Materials, Inc. has a 52-week low of $123.74 and a 52-week high of $232.07. The stock’s fifty day simple moving average is $191.18 and its 200-day simple moving average is $177.29. 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 stock has a market capitalization of $182.23 billion, a price-to-earnings ratio of 27.26, a price-to-earnings-growth ratio of 2.86 and a beta of 1.82.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (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 for the quarter, compared to analysts’ expectations of $7.21 billion. During the same quarter last year, the firm earned $2.12 earnings per share. The business’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. Equities research analysts expect that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date is Thursday, November 20th. This represents a $1.84 annualized dividend and a dividend yield of 0.8%. Applied Materials’s dividend payout ratio (DPR) is 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.