William Allan Corp Increases Stock Position in Applied Materials, Inc. $AMAT

William Allan Corp increased its position in Applied Materials, Inc. (NASDAQ:AMAT) by 9.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,228 shares of the manufacturing equipment provider’s stock after purchasing an additional 4,569 shares during the period. Applied Materials makes up approximately 5.9% of William Allan Corp’s holdings, making the stock its biggest position. William Allan Corp’s holdings in Applied Materials were worth $10,110,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Smallwood Wealth Investment Management LLC bought a new position in Applied Materials in the 1st quarter worth about $29,000. Maseco LLP bought a new position in Applied Materials in the 2nd quarter worth about $30,000. Clal Insurance Enterprises Holdings Ltd boosted 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 worth $31,000 after purchasing an additional 174 shares in the last quarter. Activest Wealth Management boosted 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 worth $31,000 after purchasing an additional 213 shares in the last quarter. Finally, Disciplina Capital Management LLC boosted its stake in Applied Materials by 91.5% in the 1st quarter. Disciplina Capital Management LLC now owns 272 shares of the manufacturing equipment provider’s stock worth $39,000 after purchasing an additional 130 shares in the last quarter. Institutional investors own 80.56% of the company’s stock.

Analyst Upgrades and Downgrades

AMAT has been the topic of a number of analyst reports. Evercore ISI reiterated an “outperform” rating and issued a $209.00 price target on shares of Applied Materials in a research note on Friday, August 15th. Cantor Fitzgerald restated an “overweight” rating and set a $225.00 target price on shares of Applied Materials in a research note on Friday, October 3rd. Summit Insights cut shares of Applied Materials from a “buy” rating to a “hold” rating in a research note on Friday, August 15th. Morgan Stanley upgraded shares of Applied Materials from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $172.00 to $209.00 in a research note on Monday, September 22nd. Finally, TD Cowen lowered their target price on shares of Applied Materials from $220.00 to $200.00 and set a “buy” rating on the stock in a research note on Friday, August 15th. 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 company. According to data from MarketBeat.com, Applied Materials currently has an average rating of “Moderate Buy” and an average price target of $209.15.

Applied Materials Trading Up 1.1%

Applied Materials stock opened at $231.33 on Tuesday. The firm has a 50 day moving average of $192.53 and a 200 day moving average of $178.39. The firm has a market capitalization of $184.29 billion, a price-to-earnings ratio of 27.57, a P/E/G ratio of 2.86 and a beta of 1.82. Applied Materials, Inc. has a 12-month low of $123.74 and a 12-month high of $235.79. The company has a current ratio of 2.50, a quick ratio of 1.76 and a debt-to-equity ratio of 0.28.

Applied Materials (NASDAQ:AMAT) last released its earnings results 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. The company had revenue of $7.30 billion during the quarter, compared to analyst estimates 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 in the prior year, the firm posted $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, research analysts predict that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be issued a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, November 20th. Applied Materials’s dividend payout ratio is currently 21.93%.

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.