Kennedy Investment Group Has $403,000 Stake in Applied Materials, Inc. $AMAT

Kennedy Investment Group lifted its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 21.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,203 shares of the manufacturing equipment provider’s stock after purchasing an additional 395 shares during the period. Kennedy Investment Group’s holdings in Applied Materials were worth $403,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Maseco LLP acquired a new position in Applied Materials in the second quarter valued at approximately $30,000. Runnymede Capital Advisors Inc. lifted 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 valued at $28,000 after buying an additional 175 shares during the period. Smallwood Wealth Investment Management LLC acquired a new position in Applied Materials in the first quarter valued at approximately $29,000. Clal Insurance Enterprises Holdings Ltd lifted 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 valued at $31,000 after buying an additional 174 shares during the period. Finally, Activest Wealth Management lifted 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 valued at $31,000 after buying an additional 213 shares during the period. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently weighed in on AMAT. Stifel Nicolaus cut their price objective on shares of Applied Materials from $195.00 to $180.00 and set a “buy” rating on the stock in a report on Friday, August 15th. Cantor Fitzgerald lowered their target price on shares of Applied Materials from $220.00 to $200.00 and set an “overweight” rating for the company in a research note on Friday, August 15th. Wells Fargo & Company lowered their target price on shares of Applied Materials from $215.00 to $205.00 and set an “overweight” rating for the company in a research note on Friday, August 15th. Redburn Atlantic downgraded shares of Applied Materials from a “strong-buy” rating to a “hold” rating and lowered their target price for the company from $225.00 to $200.00 in a research note on Monday, July 7th. Finally, The Goldman Sachs Group began coverage on shares of Applied Materials in a research note on Thursday, July 10th. They issued a “buy” rating and a $225.00 target price for the company. Seventeen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $194.15.

Applied Materials Stock Up 0.3%

Shares of AMAT stock opened at $201.44 on Thursday. The firm has a fifty day moving average of $176.53 and a 200-day moving average of $166.47. The company has a quick ratio of 1.76, a current ratio of 2.50 and a debt-to-equity ratio of 0.28. Applied Materials, Inc. has a 12-month low of $123.74 and a 12-month high of $215.70. The company has a market capitalization of $160.48 billion, a price-to-earnings ratio of 24.01, a P/E/G ratio of 2.86 and a beta of 1.77.

Applied Materials (NASDAQ:AMAT) last announced its earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 EPS for the quarter, topping the consensus estimate 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 analysts’ expectations of $7.21 billion. During the same quarter in the prior year, the company posted $2.12 earnings per share. The firm’s revenue 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, equities research analysts predict that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be issued a dividend of $0.46 per share. The ex-dividend date is Thursday, November 20th. This represents a $1.84 annualized dividend and a yield of 0.9%. Applied Materials’s dividend payout ratio is presently 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.