Commonwealth Retirement Investments LLC Increases Position in Applied Materials, Inc. $AMAT

Commonwealth Retirement Investments LLC boosted its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 82.7% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 16,771 shares of the manufacturing equipment provider’s stock after purchasing an additional 7,589 shares during the quarter. Applied Materials comprises 1.2% of Commonwealth Retirement Investments LLC’s portfolio, making the stock its 25th largest position. Commonwealth Retirement Investments LLC’s holdings in Applied Materials were worth $3,070,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Maseco LLP purchased a new stake in shares of Applied Materials in the 2nd quarter worth approximately $30,000. Clal Insurance Enterprises Holdings Ltd grew its stake in shares of Applied Materials by 435.0% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider’s stock worth $31,000 after acquiring an additional 174 shares during the last quarter. Activest Wealth Management grew its stake in shares of Applied Materials by 5,325.0% in the first quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider’s stock worth $31,000 after acquiring an additional 213 shares during the last quarter. Disciplina Capital Management LLC grew its stake in shares of Applied Materials by 91.5% in the first quarter. Disciplina Capital Management LLC now owns 272 shares of the manufacturing equipment provider’s stock worth $39,000 after acquiring an additional 130 shares during the last quarter. Finally, Greenline Partners LLC purchased a new stake in shares of Applied Materials in the first quarter worth $39,000. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on AMAT. Morgan Stanley reissued an “overweight” rating and set a $256.00 price objective on shares of Applied Materials in a research report on Friday. Deutsche Bank Aktiengesellschaft cut their price target on shares of Applied Materials from $200.00 to $170.00 and set a “hold” rating on the stock in a report on Friday, August 15th. JPMorgan Chase & Co. increased their price target on shares of Applied Materials from $210.00 to $220.00 and gave the company an “overweight” rating in a report on Friday, August 15th. DZ Bank cut shares of Applied Materials from a “hold” rating to a “sell” rating and set a $150.00 price target on the stock. in a report on Friday, August 15th. Finally, Mizuho increased their target price on Applied Materials from $175.00 to $215.00 and gave the company a “neutral” rating in a research note on Thursday, October 16th. Eighteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $210.96.

Applied Materials Trading Down 3.2%

Shares of AMAT stock opened at $230.19 on Wednesday. Applied Materials, Inc. has a 12-month low of $123.74 and a 12-month high of $242.50. 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 firm’s 50 day moving average is $201.03 and its 200 day moving average is $182.54. The stock has a market capitalization of $183.38 billion, a P/E ratio of 27.44, a P/E/G ratio of 2.95 and a beta of 1.82.

Applied Materials (NASDAQ:AMAT) last issued 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 for 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% on a year-over-year basis. During the same quarter last year, the company posted $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Research analysts expect 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. Shareholders of record on Thursday, November 20th will be given 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 (DPR) is presently 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.