Applied Materials (AMAT) Expected to Announce Earnings on Thursday

Applied Materials (NASDAQ:AMAT) is projected to issue its Q2 2025 quarterly earnings data after the market closes on Thursday, May 15th. Analysts expect Applied Materials to post earnings of $2.30 per share and revenue of $7.12 billion for the quarter. Applied Materials has set its Q2 2025 guidance at 2.120-2.480 EPS.

Applied Materials (NASDAQ:AMAT) last issued its earnings results on Thursday, February 13th. The manufacturing equipment provider reported $2.38 earnings per share for the quarter, beating analysts’ consensus estimates of $2.28 by $0.10. Applied Materials had a net margin of 22.95% and a return on equity of 39.50%. On average, analysts expect Applied Materials to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Applied Materials Stock Up 3.0%

Shares of NASDAQ:AMAT opened at $173.03 on Wednesday. Applied Materials has a 52-week low of $123.74 and a 52-week high of $255.89. The company has a market capitalization of $140.58 billion, a PE ratio of 22.62, a price-to-earnings-growth ratio of 1.81 and a beta of 1.71. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.96 and a current ratio of 2.67. The company has a fifty day moving average of $147.95 and a 200-day moving average of $165.68.

Applied Materials Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 22nd will be given a dividend of $0.46 per share. The ex-dividend date is Thursday, May 22nd. This represents a $1.84 dividend on an annualized basis and a yield of 1.06%. This is a positive change from Applied Materials’s previous quarterly dividend of $0.40. Applied Materials’s payout ratio is currently 24.05%.

Applied Materials announced that its Board of Directors has approved a share buyback plan on Monday, March 10th that permits the company to buyback $10.00 billion in outstanding shares. This buyback authorization permits the manufacturing equipment provider to repurchase up to 8.2% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its stock is undervalued.

Analysts Set New Price Targets

Several research firms have recently issued reports on AMAT. Bank of America lowered their price objective on Applied Materials from $205.00 to $190.00 and set a “buy” rating for the company in a research note on Wednesday, April 16th. Jefferies Financial Group upgraded shares of Applied Materials from a “hold” rating to a “buy” rating and set a $195.00 price target on the stock in a report on Friday, March 28th. Susquehanna increased their price objective on Applied Materials from $155.00 to $165.00 and gave the company a “neutral” rating in a report on Wednesday, January 22nd. Stifel Nicolaus cut their target price on Applied Materials from $235.00 to $195.00 and set a “buy” rating on the stock in a report on Tuesday, April 15th. Finally, Barclays reduced their price target on Applied Materials from $190.00 to $160.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 22nd. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and seventeen have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $208.86.

Insider Buying and Selling at Applied Materials

In other Applied Materials news, CAO Adam Sanders sold 450 shares of the firm’s stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $144.83, for a total value of $65,173.50. Following the completion of the sale, the chief accounting officer now owns 6,077 shares of the company’s stock, valued at approximately $880,131.91. This trade represents a 6.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Gary E. Dickerson acquired 50,000 shares of the firm’s stock in a transaction dated Thursday, April 3rd. The shares were purchased at an average price of $137.30 per share, with a total value of $6,865,000.00. Following the acquisition, the chief executive officer now owns 1,716,058 shares of the company’s stock, valued at approximately $235,614,763.40. This represents a 3.00% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 0.24% of the company’s stock.

Institutional Trading of Applied Materials

An institutional investor recently raised its position in Applied Materials stock. Brighton Jones LLC boosted its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 28.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,674 shares of the manufacturing equipment provider’s stock after buying an additional 2,771 shares during the period. Brighton Jones LLC’s holdings in Applied Materials were worth $2,061,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 80.56% of the company’s stock.

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.