Applied Materials, Inc. $AMAT Shares Sold by Fragasso Financial Advisors Inc

Fragasso Financial Advisors Inc trimmed its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 6.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 18,749 shares of the manufacturing equipment provider’s stock after selling 1,262 shares during the quarter. Fragasso Financial Advisors Inc’s holdings in Applied Materials were worth $3,432,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC increased its position in Applied Materials by 28.0% in the 4th quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock valued at $2,061,000 after acquiring an additional 2,771 shares during the period. Value Partners Investments Inc. increased its position in Applied Materials by 8.7% in the 4th quarter. Value Partners Investments Inc. now owns 9,896 shares of the manufacturing equipment provider’s stock valued at $1,608,000 after acquiring an additional 793 shares during the period. Two Sigma Investments LP increased its position in Applied Materials by 10,767.6% in the 4th quarter. Two Sigma Investments LP now owns 1,347,580 shares of the manufacturing equipment provider’s stock valued at $219,157,000 after acquiring an additional 1,335,180 shares during the period. Two Sigma Advisers LP increased its position in Applied Materials by 756.1% in the 4th quarter. Two Sigma Advisers LP now owns 511,100 shares of the manufacturing equipment provider’s stock valued at $83,120,000 after acquiring an additional 451,400 shares during the period. Finally, Triglav Skladi D.O.O. acquired a new stake in Applied Materials in the 4th quarter valued at approximately $2,115,000. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Applied Materials news, CAO Adam Sanders sold 562 shares of the firm’s stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of $178.60, for a total transaction of $100,373.20. Following the transaction, the chief accounting officer directly owned 5,300 shares in the company, valued at $946,580. This trade represents a 9.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.24% of the stock is currently owned by company insiders.

Applied Materials Stock Performance

Shares of NASDAQ AMAT opened at $170.93 on Tuesday. Applied Materials, Inc. has a one year low of $123.74 and a one year high of $215.70. The business’s 50-day moving average price is $177.39 and its two-hundred day moving average price is $164.84. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.50 and a quick ratio of 1.76. The company has a market capitalization of $136.17 billion, a P/E ratio of 20.37, a price-to-earnings-growth ratio of 2.39 and a beta of 1.77.

Applied Materials (NASDAQ:AMAT) last posted 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. 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 for the quarter, compared to analyst estimates of $7.21 billion. During the same period last year, the company earned $2.12 earnings per share. The business’s 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. Analysts anticipate that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be issued a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, November 20th. Applied Materials’s dividend payout ratio (DPR) is 21.93%.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Daiwa Capital Markets restated a “neutral” rating and issued a $170.00 target price (down from $185.00) on shares of Applied Materials in a research report on Wednesday, August 20th. Cfra Research raised Applied Materials to a “hold” rating in a research note on Friday, August 15th. JPMorgan Chase & Co. increased their price target on Applied Materials from $210.00 to $220.00 and gave the company an “overweight” rating in a research note on Friday, August 15th. Mizuho reaffirmed a “neutral” rating and set a $175.00 price target (down from $200.00) on shares of Applied Materials in a research note on Friday. Finally, Morgan Stanley raised their price objective on Applied Materials from $169.00 to $172.00 and gave the stock an “equal weight” rating in a research note on Friday, August 15th. Sixteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $192.92.

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.