Delta Financial Advisors LLC Sells 832 Shares of Applied Materials, Inc. $AMAT

Delta Financial Advisors LLC lowered its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 2.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,562 shares of the manufacturing equipment provider’s stock after selling 832 shares during the quarter. Applied Materials comprises about 2.2% of Delta Financial Advisors LLC’s portfolio, making the stock its 9th biggest holding. Delta Financial Advisors LLC’s holdings in Applied Materials were worth $6,144,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AMAT. IFG Advisory LLC grew its holdings in Applied Materials by 1,008.1% during the second quarter. IFG Advisory LLC now owns 36,156 shares of the manufacturing equipment provider’s stock worth $6,619,000 after acquiring an additional 32,893 shares during the period. Sienna Gestion lifted its holdings in Applied Materials by 10.2% in the 2nd quarter. Sienna Gestion now owns 113,221 shares of the manufacturing equipment provider’s stock valued at $18,924,000 after acquiring an additional 10,468 shares during the last quarter. Achmea Investment Management B.V. boosted its position in shares of Applied Materials by 7.6% during the 2nd quarter. Achmea Investment Management B.V. now owns 501,587 shares of the manufacturing equipment provider’s stock valued at $91,826,000 after purchasing an additional 35,437 shares in the last quarter. Oppenheimer Asset Management Inc. grew its stake in shares of Applied Materials by 9.5% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 77,178 shares of the manufacturing equipment provider’s stock worth $14,129,000 after purchasing an additional 6,704 shares during the last quarter. Finally, Avity Investment Management Inc. raised its holdings in shares of Applied Materials by 4.1% in the 2nd quarter. Avity Investment Management Inc. now owns 220,835 shares of the manufacturing equipment provider’s stock worth $40,428,000 after purchasing an additional 8,680 shares in the last quarter. Institutional investors own 80.56% of the company’s stock.

Applied Materials Stock Performance

AMAT stock opened at $230.07 on Friday. The firm has a 50 day simple moving average of $205.31 and a 200 day simple moving average of $183.96. Applied Materials, Inc. has a 52 week low of $123.74 and a 52 week high of $242.50. The stock has a market cap of $183.28 billion, a P/E ratio of 27.42, a P/E/G ratio of 2.95 and a beta of 1.84. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.76 and a current ratio of 2.50.

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 analysts’ consensus estimates of $2.36 by $0.12. The company had revenue of $7.30 billion during 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 company’s revenue was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Research analysts anticipate that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal 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 paid a $0.46 dividend. The ex-dividend date is Thursday, November 20th. This represents a $1.84 dividend on an annualized basis and a yield of 0.8%. Applied Materials’s payout ratio is 21.93%.

Wall Street Analysts Forecast Growth

AMAT has been the subject of several recent research reports. Daiwa America lowered shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 20th. Wells Fargo & Company increased their price objective on Applied Materials from $240.00 to $250.00 and gave the company an “overweight” rating in a research report on Wednesday, October 8th. TD Cowen reduced their price objective on Applied Materials from $220.00 to $200.00 and set a “buy” rating for the company in a research note on Friday, August 15th. Citigroup decreased their target price on Applied Materials from $220.00 to $205.00 and set a “buy” rating on the stock in a report on Friday, August 15th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $225.00 target price on shares of Applied Materials in a report on Friday, October 3rd. 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 stock. According to MarketBeat, Applied Materials presently has a consensus rating of “Moderate Buy” and an average price target of $210.96.

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.