Notis McConarty Edward Acquires New Holdings in Applied Materials, Inc. $AMAT

Notis McConarty Edward acquired a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 4,005 shares of the manufacturing equipment provider’s stock, valued at approximately $733,000.

A number of other institutional investors also recently added to or reduced their stakes in AMAT. Maseco LLP acquired a new stake in Applied Materials in the second quarter worth about $30,000. Runnymede Capital Advisors Inc. boosted its holdings in Applied Materials by 972.2% in the first quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider’s stock worth $28,000 after acquiring an additional 175 shares in the last quarter. Smallwood Wealth Investment Management LLC acquired a new stake in Applied Materials in the first quarter worth about $29,000. Clal Insurance Enterprises Holdings Ltd boosted its holdings in Applied Materials by 435.0% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider’s stock worth $31,000 after acquiring an additional 174 shares in the last quarter. Finally, Activest Wealth Management boosted its holdings in Applied Materials by 5,325.0% in the first quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider’s stock worth $31,000 after acquiring an additional 213 shares in the last quarter. Institutional investors own 80.56% of the company’s stock.

Wall Street Analyst Weigh In

AMAT has been the subject of several recent analyst reports. Wall Street Zen downgraded Applied Materials from a “buy” rating to a “hold” rating in a report on Saturday, June 14th. Redburn Atlantic downgraded shares of Applied Materials from a “strong-buy” rating to a “hold” rating and cut their price target for the stock from $225.00 to $200.00 in a report on Monday, July 7th. Mizuho reiterated a “neutral” rating and issued a $175.00 price target (down previously from $200.00) on shares of Applied Materials in a report on Friday, September 12th. Bank of America reaffirmed a “neutral” rating and issued a $180.00 price objective (down from $190.00) on shares of Applied Materials in a report on Friday, August 15th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Applied Materials from $210.00 to $220.00 and gave the company an “overweight” rating in a report on Friday, August 15th. Seventeen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $196.85.

Applied Materials Trading Up 2.8%

Shares of NASDAQ:AMAT opened at $217.51 on Thursday. Applied Materials, Inc. has a 12-month low of $123.74 and a 12-month high of $226.49. The company has a market capitalization of $173.28 billion, a PE ratio of 25.92, a PEG ratio of 2.77 and a beta of 1.82. The business has a 50 day moving average of $181.20 and a two-hundred day moving average of $170.63. 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 quarterly 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 company had revenue of $7.30 billion during the quarter, compared to the consensus estimate of $7.21 billion. During the same period in the previous year, the company posted $2.12 earnings per share. Applied Materials’s revenue for the quarter was up 7.7% on a year-over-year basis. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, analysts forecast that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be issued a $0.46 dividend. The ex-dividend date of this dividend 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 presently 21.93%.

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.