Banco Bilbao Vizcaya Argentaria S.A. Trims Holdings in Applied Materials, Inc. $AMAT

Banco Bilbao Vizcaya Argentaria S.A. cut its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 10.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 115,127 shares of the manufacturing equipment provider’s stock after selling 14,128 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Applied Materials were worth $21,115,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in AMAT. Brighton Jones LLC grew its stake in Applied Materials by 28.0% in the 4th quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock valued at $2,061,000 after acquiring an additional 2,771 shares during the period. Edgestream Partners L.P. grew its stake in Applied Materials by 155.8% during the 1st quarter. Edgestream Partners L.P. now owns 13,098 shares of the manufacturing equipment provider’s stock valued at $1,901,000 after acquiring an additional 7,978 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of Applied Materials by 2.2% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 794,431 shares of the manufacturing equipment provider’s stock worth $115,288,000 after purchasing an additional 16,839 shares during the last quarter. Whittier Trust Co. of Nevada Inc. grew its holdings in Applied Materials by 30.7% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 6,108 shares of the manufacturing equipment provider’s stock valued at $886,000 after buying an additional 1,436 shares in the last quarter. Finally, Kornitzer Capital Management Inc. KS acquired a new stake in Applied Materials during the first quarter worth about $776,000. 80.56% of the stock is owned by hedge funds and other institutional investors.

Applied Materials Stock Performance

Applied Materials stock opened at $223.23 on Friday. The firm has a market capitalization of $177.83 billion, a P/E ratio of 26.61, a PEG ratio of 2.95 and a beta of 1.84. Applied Materials, Inc. has a 52 week low of $123.74 and a 52 week 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 stock has a fifty day moving average price of $211.01 and a 200 day moving average price of $186.28.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.11 by $0.06. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.During the same quarter in the prior year, the firm earned $2.32 earnings per share. The business’s revenue for the quarter was down 3.5% compared to the same quarter last year. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. Equities research analysts anticipate that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be paid a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Thursday, November 20th. Applied Materials’s dividend payout ratio is 21.93%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Wells Fargo & Company increased their target price on shares of Applied Materials from $240.00 to $250.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 8th. Weiss Ratings restated a “hold (c)” rating on shares of Applied Materials in a report on Wednesday, October 8th. Evercore ISI restated an “outperform” rating and set a $209.00 target price on shares of Applied Materials in a research note on Friday, August 15th. Citigroup dropped their target price on shares of Applied Materials from $220.00 to $205.00 and set a “buy” rating on the stock in a research report on Friday, August 15th. Finally, Stifel Nicolaus raised their target price on shares of Applied Materials from $215.00 to $250.00 and gave the stock a “buy” rating in a research report on Tuesday. Eighteen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $212.31.

Applied Materials Company Profile

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.