Ingalls & Snyder LLC Grows Stock Holdings in Applied Materials, Inc. $AMAT

Ingalls & Snyder LLC raised its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 7.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,645 shares of the manufacturing equipment provider’s stock after buying an additional 2,000 shares during the period. Ingalls & Snyder LLC’s holdings in Applied Materials were worth $5,244,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the business. Darden Wealth Group Inc bought a new stake in shares of Applied Materials in the 2nd quarter valued at about $397,000. Whipplewood Advisors LLC raised its holdings in shares of Applied Materials by 105.2% in the 2nd quarter. Whipplewood Advisors LLC now owns 318 shares of the manufacturing equipment provider’s stock valued at $58,000 after purchasing an additional 163 shares in the last quarter. Kornitzer Capital Management Inc. KS raised its holdings in shares of Applied Materials by 20.4% in the 2nd quarter. Kornitzer Capital Management Inc. KS now owns 6,442 shares of the manufacturing equipment provider’s stock valued at $1,179,000 after purchasing an additional 1,092 shares in the last quarter. AG2R LA Mondiale Gestion D Actifs raised its holdings in shares of Applied Materials by 0.7% in the 2nd quarter. AG2R LA Mondiale Gestion D Actifs now owns 30,399 shares of the manufacturing equipment provider’s stock valued at $5,565,000 after purchasing an additional 209 shares in the last quarter. Finally, SSA Swiss Advisors AG raised its holdings in shares of Applied Materials by 38.8% in the 2nd quarter. SSA Swiss Advisors AG now owns 24,902 shares of the manufacturing equipment provider’s stock valued at $4,652,000 after purchasing an additional 6,955 shares in the last quarter. Institutional investors own 80.56% of the company’s stock.

Applied Materials Stock Up 0.1%

AMAT stock opened at $228.75 on Friday. The firm’s fifty day simple moving average is $191.18 and its 200-day simple moving average is $177.63. The company has a market capitalization of $182.23 billion, a P/E ratio of 27.26, a price-to-earnings-growth ratio of 2.86 and a beta of 1.82. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.50 and a quick ratio of 1.76. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $232.07.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 EPS for the quarter, beating the consensus estimate of $2.36 by $0.12. The business had revenue of $7.30 billion for the quarter, compared to the consensus estimate of $7.21 billion. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The business’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same period in the prior year, the firm earned $2.12 EPS. 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 year.

Applied Materials Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be issued 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 payout ratio is presently 21.93%.

Analysts Set New Price Targets

Several research firms have recently commented on AMAT. TD Cowen reduced 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. Daiwa Capital Markets restated a “neutral” rating and issued a $170.00 price target (down previously from $185.00) on shares of Applied Materials in a report on Wednesday, August 20th. DZ Bank lowered shares of Applied Materials from a “hold” rating to a “sell” rating and set a $150.00 price objective for the company. in a research note on Friday, August 15th. Weiss Ratings reiterated a “hold (c)” rating on shares of Applied Materials in a research note on Friday. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $225.00 price objective on shares of Applied Materials in a research note on Friday, October 3rd. 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 MarketBeat.com, Applied Materials has an average rating of “Moderate Buy” and a consensus price target of $209.15.

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.