Applied Materials, Inc. $AMAT Shares Sold by Topsail Wealth Management LLC

Topsail Wealth Management LLC trimmed its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 4.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,431 shares of the manufacturing equipment provider’s stock after selling 103 shares during the quarter. Topsail Wealth Management LLC’s holdings in Applied Materials were worth $445,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Avity Investment Management Inc. boosted its position in shares of Applied Materials by 4.1% during the 2nd quarter. Avity Investment Management Inc. now owns 220,835 shares of the manufacturing equipment provider’s stock worth $40,428,000 after acquiring an additional 8,680 shares in the last quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych boosted its position in shares of 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 in the last quarter. Redwood Investment Management LLC boosted its position in shares of 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 in the last quarter. Gallacher Capital Management LLC acquired a new position in shares of Applied Materials during the 2nd quarter worth about $410,000. Finally, LifePlan Financial LLC acquired a new position in shares of Applied Materials during the 2nd quarter worth about $755,000. 80.56% of the stock is owned by institutional investors and hedge funds.

Applied Materials Stock Up 0.1%

Applied Materials stock opened at $228.75 on Friday. Applied Materials, Inc. has a twelve month low of $123.74 and a twelve month high of $232.07. The stock has a 50 day moving average of $191.18 and a two-hundred day moving average of $177.63. The company has a current ratio of 2.50, a quick ratio of 1.76 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 PEG 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 for the quarter, topping analysts’ consensus estimates of $2.36 by $0.12. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The company had revenue of $7.30 billion during the quarter, compared to analysts’ expectations of $7.21 billion. During the same period last year, the firm earned $2.12 EPS. The firm’s revenue for the quarter was up 7.7% on a year-over-year basis. 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 year.

Applied Materials Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be given a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, November 20th. Applied Materials’s dividend payout ratio (DPR) is presently 21.93%.

Analyst Ratings Changes

AMAT has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft lowered their price objective on Applied Materials from $200.00 to $170.00 and set a “hold” rating for the company in a research report on Friday, August 15th. Cantor Fitzgerald reissued an “overweight” rating and issued a $225.00 target price on shares of Applied Materials in a research report on Friday, October 3rd. Redburn Atlantic cut Applied Materials from a “strong-buy” rating to a “hold” rating and decreased their target price for the company from $225.00 to $200.00 in a research report on Monday, July 7th. Stifel Nicolaus upped their target price on Applied Materials from $180.00 to $215.00 and gave the company a “buy” rating in a research report on Monday, October 13th. Finally, Barclays upped their target price on Applied Materials from $170.00 to $250.00 and gave the company an “equal weight” rating in a research report on Monday, October 20th. Eighteen research 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.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $209.15.

About Applied Materials

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.