Forvis Mazars Wealth Advisors LLC Buys 1,819 Shares of Applied Materials, Inc. $AMAT

Forvis Mazars Wealth Advisors LLC lifted its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 9.4% during the second quarter, HoldingsChannel.com reports. The firm owned 21,149 shares of the manufacturing equipment provider’s stock after purchasing an additional 1,819 shares during the quarter. Forvis Mazars Wealth Advisors LLC’s holdings in Applied Materials were worth $3,872,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the business. Ameriprise Financial Inc. increased its stake in Applied Materials by 23.6% in the 1st quarter. Ameriprise Financial Inc. now owns 7,860,838 shares of the manufacturing equipment provider’s stock worth $1,140,836,000 after acquiring an additional 1,502,995 shares during the last quarter. Amundi increased its stake in Applied Materials by 15.8% in the 1st quarter. Amundi now owns 7,656,034 shares of the manufacturing equipment provider’s stock worth $1,038,504,000 after acquiring an additional 1,046,635 shares during the last quarter. Nuveen LLC bought a new position in Applied Materials in the 1st quarter worth about $1,085,600,000. Deutsche Bank AG boosted its holdings in shares of Applied Materials by 20.7% in the 1st quarter. Deutsche Bank AG now owns 7,189,402 shares of the manufacturing equipment provider’s stock worth $1,043,326,000 after purchasing an additional 1,235,097 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its holdings in shares of Applied Materials by 43.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,573,673 shares of the manufacturing equipment provider’s stock worth $808,853,000 after purchasing an additional 1,691,428 shares in the last quarter. 80.56% of the stock is currently owned by institutional investors.

Applied Materials Trading Down 1.2%

Shares of AMAT stock opened at $224.99 on Friday. The stock has a market capitalization of $179.24 billion, a PE ratio of 26.82, a P/E/G ratio of 2.81 and a beta of 1.82. Applied Materials, Inc. has a 1-year low of $123.74 and a 1-year high of $232.07. The business has a 50-day moving average of $186.80 and a 200 day moving average of $174.30. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.50 and a quick ratio of 1.76.

Applied Materials (NASDAQ:AMAT) last issued its earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share for the quarter, beating the consensus estimate of $2.36 by $0.12. The company had revenue of $7.30 billion during the quarter, compared to analysts’ expectations of $7.21 billion. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.During the same period in the prior year, the business posted $2.12 EPS. Applied Materials’s quarterly revenue was up 7.7% compared to the same quarter last year. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, sell-side analysts anticipate that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Dividend Announcement

The firm also recently disclosed 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 is Thursday, November 20th. This represents a $1.84 annualized dividend and a yield of 0.8%. Applied Materials’s dividend payout ratio (DPR) is 21.93%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Citigroup cut their price objective on Applied Materials from $220.00 to $205.00 and set a “buy” rating for the company in a report on Friday, August 15th. Wolfe Research cut their price objective on Applied Materials from $230.00 to $200.00 and set an “outperform” rating for the company in a report on Friday, August 15th. Stifel Nicolaus upped their price objective on Applied Materials from $180.00 to $215.00 and gave the stock a “buy” rating in a report on Monday, October 13th. Redburn Atlantic cut Applied Materials from a “strong-buy” rating to a “hold” rating and cut their price objective for the stock from $225.00 to $200.00 in a report on Monday, July 7th. Finally, B. Riley upped their price objective on Applied Materials from $200.00 to $265.00 and gave the stock a “buy” rating in a report on Friday, October 10th. Eighteen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Applied Materials has a consensus rating of “Moderate Buy” and an average target price of $206.08.

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.