Equities Analysts Set Expectations for AMAT FY2025 Earnings

Applied Materials, Inc. (NASDAQ:AMAT) – Analysts at Zacks Research raised their FY2025 earnings per share estimates for Applied Materials in a report released on Thursday, June 5th. Zacks Research analyst R. Department now expects that the manufacturing equipment provider will post earnings per share of $9.21 for the year, up from their previous estimate of $9.13. The consensus estimate for Applied Materials’ current full-year earnings is $9.38 per share. Zacks Research also issued estimates for Applied Materials’ Q1 2026 earnings at $2.32 EPS, Q2 2026 earnings at $2.41 EPS, Q3 2026 earnings at $2.42 EPS, Q4 2026 earnings at $2.51 EPS, FY2026 earnings at $9.65 EPS, Q1 2027 earnings at $2.54 EPS, Q2 2027 earnings at $2.71 EPS and FY2027 earnings at $10.84 EPS.

Applied Materials (NASDAQ:AMAT) last announced its earnings results on Thursday, May 15th. The manufacturing equipment provider reported $2.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.31 by $0.08. Applied Materials had a return on equity of 39.50% and a net margin of 22.95%. The business had revenue of $7.10 billion for the quarter, compared to analysts’ expectations of $7.12 billion. During the same period last year, the firm posted $2.09 earnings per share. The business’s revenue for the quarter was up 6.8% on a year-over-year basis.

Other research analysts have also recently issued reports about the company. Stifel Nicolaus lowered their price target on Applied Materials from $235.00 to $195.00 and set a “buy” rating on the stock in a report on Tuesday, April 15th. Wells Fargo & Company reissued a “mixed” rating on shares of Applied Materials in a report on Friday, May 16th. TD Cowen lowered their price target on Applied Materials from $225.00 to $220.00 and set a “buy” rating on the stock in a report on Friday, May 16th. Jefferies Financial Group raised Applied Materials from a “hold” rating to a “buy” rating and set a $195.00 price objective on the stock in a research note on Friday, March 28th. Finally, Edward Jones raised Applied Materials from a “hold” rating to a “buy” rating in a research note on Wednesday, March 12th. Six analysts have rated the stock with a hold rating and seventeen have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $199.29.

Applied Materials Stock Up 2.3%

AMAT stock opened at $173.77 on Monday. Applied Materials has a twelve month low of $123.74 and a twelve month high of $255.89. The company has a quick ratio of 1.96, a current ratio of 2.67 and a debt-to-equity ratio of 0.29. The stock has a market cap of $139.45 billion, a P/E ratio of 22.72, a PEG ratio of 1.81 and a beta of 1.67. The business’s 50-day moving average price is $153.43 and its 200-day moving average price is $163.15.

Applied Materials announced that its Board of Directors has authorized a stock buyback program on Monday, March 10th that permits the company to repurchase $10.00 billion in shares. This repurchase authorization permits the manufacturing equipment provider to purchase up to 8.2% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s management believes its shares are undervalued.

Applied Materials Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Thursday, August 21st will be issued a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 1.06%. Applied Materials’s payout ratio is currently 22.38%.

Insider Activity at Applied Materials

In other Applied Materials news, CEO Gary E. Dickerson acquired 50,000 shares of the company’s stock in a transaction that occurred on Thursday, April 3rd. The stock was bought at an average price of $137.30 per share, for a total transaction of $6,865,000.00. Following the acquisition, the chief executive officer now directly owns 1,716,058 shares in the company, valued at $235,614,763.40. The trade was a 3.00% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Adam Sanders sold 450 shares of the business’s stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $144.83, for a total value of $65,173.50. Following the transaction, the chief accounting officer now owns 6,077 shares of the company’s stock, valued at approximately $880,131.91. The trade was a 6.89% decrease in their position. The disclosure for this sale can be found here. 0.24% of the stock is owned by company insiders.

Hedge Funds Weigh In On Applied Materials

A number of large investors have recently bought and sold shares of AMAT. Belpointe Asset Management LLC lifted its holdings in shares of Applied Materials by 1.7% in the 4th quarter. Belpointe Asset Management LLC now owns 3,734 shares of the manufacturing equipment provider’s stock worth $607,000 after buying an additional 62 shares during the period. Valmark Advisers Inc. lifted its holdings in shares of Applied Materials by 3.5% in the 4th quarter. Valmark Advisers Inc. now owns 1,862 shares of the manufacturing equipment provider’s stock worth $303,000 after buying an additional 63 shares during the period. Hills Bank & Trust Co lifted its holdings in shares of Applied Materials by 6.6% in the 4th quarter. Hills Bank & Trust Co now owns 1,061 shares of the manufacturing equipment provider’s stock worth $173,000 after buying an additional 66 shares during the period. Old Port Advisors lifted its holdings in shares of Applied Materials by 2.5% in the 1st quarter. Old Port Advisors now owns 2,730 shares of the manufacturing equipment provider’s stock worth $396,000 after buying an additional 66 shares during the period. Finally, Kovack Advisors Inc. lifted its holdings in shares of Applied Materials by 2.3% in the 4th quarter. Kovack Advisors Inc. now owns 3,062 shares of the manufacturing equipment provider’s stock worth $498,000 after buying an additional 68 shares during the period. 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.