DJE Kapital AG Boosts Stake in Applied Materials, Inc. $AMAT

DJE Kapital AG increased its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 24.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 67,795 shares of the manufacturing equipment provider’s stock after buying an additional 13,480 shares during the quarter. DJE Kapital AG’s holdings in Applied Materials were worth $12,415,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in AMAT. Acadian Asset Management LLC grew its stake in Applied Materials by 417.3% during the 2nd quarter. Acadian Asset Management LLC now owns 1,732,015 shares of the manufacturing equipment provider’s stock valued at $317,053,000 after purchasing an additional 1,397,217 shares during the last quarter. Rathbones Group PLC lifted its holdings in shares of Applied Materials by 3.2% during the second quarter. Rathbones Group PLC now owns 133,391 shares of the manufacturing equipment provider’s stock worth $24,420,000 after purchasing an additional 4,131 shares during the period. Connor Clark & Lunn Investment Management Ltd. boosted its position in Applied Materials by 681.1% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 101,004 shares of the manufacturing equipment provider’s stock valued at $18,491,000 after buying an additional 88,073 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in Applied Materials by 6.5% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,642,443 shares of the manufacturing equipment provider’s stock worth $300,698,000 after buying an additional 100,444 shares during the period. Finally, Parkside Financial Bank & Trust raised its position in Applied Materials by 2.3% during the 2nd quarter. Parkside Financial Bank & Trust now owns 5,360 shares of the manufacturing equipment provider’s stock worth $981,000 after buying an additional 122 shares during the last quarter. 80.56% of the stock is owned by institutional investors and hedge funds.

Applied Materials Stock Down 1.5%

Shares of AMAT opened at $230.07 on Friday. The firm has a market cap of $183.28 billion, a P/E ratio of 27.42, a PEG ratio of 2.95 and a beta of 1.84. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $242.50. The stock’s 50 day moving average is $205.31 and its two-hundred day moving average is $184.28. 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 announced its earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.36 by $0.12. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The firm had revenue of $7.30 billion for the quarter, compared to analyst estimates of $7.21 billion. During the same quarter last year, the firm posted $2.12 EPS. The business’s revenue was up 7.7% on a year-over-year basis. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Analysts predict that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders 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 dividend yield of 0.8%. Applied Materials’s dividend payout ratio (DPR) is 21.93%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on AMAT shares. Evercore ISI reaffirmed an “outperform” rating and issued a $209.00 price objective on shares of Applied Materials in a report on Friday, August 15th. Barclays boosted their target price on shares of Applied Materials from $170.00 to $250.00 and gave the company an “equal weight” rating in a research report on Monday, October 20th. B. Riley lifted their price objective on Applied Materials from $200.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, October 10th. The Goldman Sachs Group upped their target price on Applied Materials from $215.00 to $250.00 and gave the stock a “buy” rating in a research note on Thursday, October 9th. Finally, Mizuho lifted their price target on Applied Materials from $175.00 to $215.00 and gave the company a “neutral” rating in a research report on Thursday, October 16th. Eighteen investment 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. According to MarketBeat, Applied Materials currently has a consensus rating of “Moderate Buy” and an average target price 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.