Earned Wealth Advisors LLC Has $393,000 Stake in Applied Materials, Inc. $AMAT

Earned Wealth Advisors LLC lifted its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 3.4% during the second quarter, Holdings Channel.com reports. The firm owned 2,148 shares of the manufacturing equipment provider’s stock after buying an additional 70 shares during the quarter. Earned Wealth Advisors LLC’s holdings in Applied Materials were worth $393,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Nuveen LLC acquired a new stake in shares of Applied Materials during the first quarter worth $1,085,600,000. Kingstone Capital Partners Texas LLC acquired a new position in shares of Applied Materials in the second quarter valued at about $882,396,000. Pacer Advisors Inc. grew its stake in shares of Applied Materials by 2,401.0% in the first quarter. Pacer Advisors Inc. now owns 3,066,817 shares of the manufacturing equipment provider’s stock valued at $445,056,000 after acquiring an additional 2,944,193 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in Applied Materials by 43.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 5,573,673 shares of the manufacturing equipment provider’s stock worth $808,853,000 after acquiring an additional 1,691,428 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in Applied Materials by 23.6% in the 1st quarter. Ameriprise Financial Inc. now owns 7,860,838 shares of the manufacturing equipment provider’s stock worth $1,140,836,000 after purchasing an additional 1,502,995 shares in the last quarter. 80.56% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Applied Materials in a research report on Wednesday, October 8th. Daiwa Capital Markets reissued a “neutral” rating and set a $170.00 price target (down previously from $185.00) on shares of Applied Materials in a research report on Wednesday, August 20th. Citigroup dropped their price objective on Applied Materials from $220.00 to $205.00 and set a “buy” rating for the company in a report on Friday, August 15th. KeyCorp upped their target price on Applied Materials from $220.00 to $240.00 and gave the company an “overweight” rating in a research report on Friday, October 10th. Finally, 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, October 20th. Eighteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Applied Materials has a consensus rating of “Moderate Buy” and a consensus price target of $209.15.

Applied Materials Stock Performance

Shares of Applied Materials stock opened at $232.55 on Friday. The company’s 50 day moving average price is $196.79 and its two-hundred day moving average price is $180.02. The firm has a market capitalization of $185.26 billion, a P/E ratio of 27.72, a P/E/G ratio of 2.95 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 $242.50. 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 (NASDAQ:AMAT) last announced its quarterly 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. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The company had revenue of $7.30 billion during the quarter, compared to the consensus estimate of $7.21 billion. During the same period in the prior year, the business earned $2.12 earnings per share. The company’s revenue for the quarter was up 7.7% compared to the same quarter last year. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, equities analysts forecast that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

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