Applied Materials, Inc. $AMAT Position Cut by University of Texas Texas AM Investment Management Co.

University of Texas Texas AM Investment Management Co. trimmed its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 11.6% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,623 shares of the manufacturing equipment provider’s stock after selling 2,977 shares during the period. University of Texas Texas AM Investment Management Co.’s holdings in Applied Materials were worth $4,142,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Smallwood Wealth Investment Management LLC acquired a new position in Applied Materials during the 1st quarter worth $29,000. Maseco LLP acquired a new stake in Applied Materials in the second quarter worth about $30,000. Clal Insurance Enterprises Holdings Ltd grew its position 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 buying an additional 174 shares in the last quarter. Activest Wealth Management increased its stake in 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 buying an additional 213 shares during the period. Finally, Disciplina Capital Management LLC raised its position in shares of Applied Materials by 91.5% during the 1st quarter. Disciplina Capital Management LLC now owns 272 shares of the manufacturing equipment provider’s stock worth $39,000 after buying an additional 130 shares in the last quarter. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

AMAT has been the subject of several recent analyst reports. Evercore ISI reiterated an “outperform” rating and issued a $209.00 price objective on shares of Applied Materials in a report on Friday, August 15th. Morgan Stanley upgraded shares of Applied Materials from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $172.00 to $209.00 in a research report on Monday, September 22nd. Redburn Atlantic cut Applied Materials from a “strong-buy” rating to a “hold” rating and dropped their price target for the company from $225.00 to $200.00 in a report on Monday, July 7th. Cfra Research upgraded Applied Materials to a “hold” rating in a research report on Friday, August 15th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on Applied Materials from $200.00 to $170.00 and set a “hold” rating on the stock in a report on Friday, August 15th. Eighteen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Applied Materials presently has an average rating of “Moderate Buy” and a consensus price target of $209.15.

Applied Materials Trading Up 0.1%

NASDAQ:AMAT opened at $228.75 on Friday. The stock has a market cap of $182.23 billion, a PE ratio of 27.26, a price-to-earnings-growth ratio of 2.86 and a beta of 1.82. Applied Materials, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $232.07. 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 stock’s 50-day moving average is $191.18 and its two-hundred day moving average is $177.63.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 EPS for the quarter, topping the consensus estimate of $2.36 by $0.12. The business 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%. The firm’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same period last year, the company posted $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, equities research analysts forecast that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

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. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.8%. Applied Materials’s dividend payout ratio is 21.93%.

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.