Applied Materials, Inc. $AMAT Shares Acquired by United Advisor Group LLC

United Advisor Group LLC lifted its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 12.3% in the 2nd quarter, Holdings Channel.com reports. The firm owned 2,134 shares of the manufacturing equipment provider’s stock after buying an additional 233 shares during the quarter. United Advisor Group LLC’s holdings in Applied Materials were worth $391,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Shelton Wealth Management LLC raised its position in Applied Materials by 1.5% during the 2nd quarter. Shelton Wealth Management LLC now owns 3,398 shares of the manufacturing equipment provider’s stock worth $622,000 after buying an additional 51 shares during the last quarter. Octavia Wealth Advisors LLC boosted its holdings in shares of Applied Materials by 0.8% in the second quarter. Octavia Wealth Advisors LLC now owns 6,200 shares of the manufacturing equipment provider’s stock valued at $1,135,000 after acquiring an additional 51 shares in the last quarter. Narus Financial Partners LLC increased its stake in shares of Applied Materials by 3.8% during the second quarter. Narus Financial Partners LLC now owns 1,433 shares of the manufacturing equipment provider’s stock worth $262,000 after acquiring an additional 52 shares during the period. AdvisorNet Financial Inc raised its holdings in Applied Materials by 2.7% during the second quarter. AdvisorNet Financial Inc now owns 1,958 shares of the manufacturing equipment provider’s stock worth $358,000 after purchasing an additional 52 shares in the last quarter. Finally, Encompass Wealth Advisors LLC lifted its position in Applied Materials by 3.4% in the second quarter. Encompass Wealth Advisors LLC now owns 1,601 shares of the manufacturing equipment provider’s stock valued at $293,000 after purchasing an additional 53 shares during the period. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. B. Riley reiterated a “buy” rating and set a $270.00 target price (up previously from $265.00) on shares of Applied Materials in a research report on Friday, November 14th. Morgan Stanley dropped their price objective on Applied Materials from $256.00 to $252.00 and set an “overweight” rating on the stock in a report on Friday. Stifel Nicolaus raised their target price on Applied Materials from $215.00 to $250.00 and gave the company a “buy” rating in a report on Tuesday, November 11th. The Goldman Sachs Group restated a “buy” rating and set a $250.00 target price on shares of Applied Materials in a research report on Friday. Finally, Mizuho cut their price target on shares of Applied Materials from $215.00 to $205.00 and set a “neutral” rating for the company in a report on Friday, November 14th. Nineteen analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $226.74.

Applied Materials Price Performance

Applied Materials stock opened at $225.12 on Wednesday. The firm has a market capitalization of $179.34 billion, a PE ratio of 26.83, a P/E/G 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 firm’s 50-day simple moving average is $214.84 and its 200 day simple moving average is $188.37. The company has a quick ratio of 1.76, a current ratio of 2.50 and a debt-to-equity ratio of 0.28.

Applied Materials (NASDAQ:AMAT) last announced its earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.11 by $0.06. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. During the same quarter in the previous year, the company earned $2.32 earnings per share. The company’s revenue for the quarter was down 3.5% on a year-over-year basis. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. On average, equities research analysts predict that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Thursday, November 20th. Applied Materials’s payout ratio is currently 21.20%.

Applied Materials 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.