Sage Mountain Advisors LLC Buys 294 Shares of Applied Materials, Inc. $AMAT

Sage Mountain Advisors LLC grew its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 5.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,017 shares of the manufacturing equipment provider’s stock after buying an additional 294 shares during the quarter. Sage Mountain Advisors LLC’s holdings in Applied Materials were worth $1,102,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of AMAT. Nuveen LLC bought a new position in shares of Applied Materials during the first quarter valued at about $1,085,600,000. Kingstone Capital Partners Texas LLC bought a new position in shares of Applied Materials during the second quarter valued at about $882,396,000. Pacer Advisors Inc. grew its stake in shares of Applied Materials by 2,401.0% during the first quarter. Pacer Advisors Inc. now owns 3,066,817 shares of the manufacturing equipment provider’s stock valued at $445,056,000 after buying an additional 2,944,193 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of Applied Materials by 43.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 5,573,673 shares of the manufacturing equipment provider’s stock valued at $808,853,000 after buying an additional 1,691,428 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in shares of Applied Materials by 23.6% during the first quarter. Ameriprise Financial Inc. now owns 7,860,838 shares of the manufacturing equipment provider’s stock valued at $1,140,836,000 after buying an additional 1,502,995 shares during the last quarter. 80.56% of the stock is owned by institutional investors.

Analysts Set New Price Targets

AMAT has been the subject of a number of analyst reports. Evercore ISI reiterated an “outperform” rating and set a $209.00 target price on shares of Applied Materials in a report on Friday, August 15th. Wolfe Research dropped their target price on shares of Applied Materials from $230.00 to $200.00 and set an “outperform” rating for the company in a report on Friday, August 15th. Redburn Atlantic lowered shares of Applied Materials from a “strong-buy” rating to a “hold” rating and dropped their target price for the stock from $225.00 to $200.00 in a report on Monday, July 7th. Citigroup dropped their target price on shares of Applied Materials from $220.00 to $205.00 and set a “buy” rating for the company in a report on Friday, August 15th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Applied Materials in a report on Friday. Eighteen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $209.15.

Applied Materials Price Performance

Shares of NASDAQ AMAT opened at $228.75 on Friday. Applied Materials, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $232.07. The company has a 50 day simple moving average of $191.18 and a two-hundred day simple moving average of $177.29. The company has a market capitalization of $182.23 billion, a price-to-earnings ratio of 27.26, a P/E/G ratio of 2.86 and a beta of 1.82. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.76 and a current ratio of 2.50.

Applied Materials (NASDAQ:AMAT) last announced its earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share for the quarter, beating analysts’ consensus estimates of $2.36 by $0.12. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The business had revenue of $7.30 billion during the quarter, compared to the consensus estimate of $7.21 billion. During the same quarter last year, the firm earned $2.12 earnings per share. The business’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. Analysts expect that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The firm also recently announced 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. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.8%. Applied Materials’s dividend payout ratio (DPR) is currently 21.93%.

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.