Octavia Wealth Advisors LLC Has $1.14 Million Stake in Applied Materials, Inc. $AMAT

Octavia Wealth Advisors LLC grew its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 0.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,200 shares of the manufacturing equipment provider’s stock after purchasing an additional 51 shares during the period. Octavia Wealth Advisors LLC’s holdings in Applied Materials were worth $1,135,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in AMAT. Runnymede Capital Advisors Inc. increased its holdings in shares of Applied Materials by 972.2% in the 1st quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider’s stock valued at $28,000 after purchasing an additional 175 shares during the period. Smallwood Wealth Investment Management LLC acquired a new position in Applied Materials in the first quarter worth approximately $29,000. Maseco LLP acquired a new position in Applied Materials in the second quarter worth approximately $30,000. Clal Insurance Enterprises Holdings Ltd increased 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 worth $31,000 after buying an additional 174 shares during the last quarter. Finally, Activest Wealth Management increased 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 worth $31,000 after buying an additional 213 shares during the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Stock Up 0.3%

Shares of Applied Materials stock opened at $201.44 on Thursday. The stock has a market capitalization of $160.48 billion, a P/E ratio of 24.01, a PEG ratio of 2.86 and a beta of 1.77. The company has a quick ratio of 1.76, a current ratio of 2.50 and a debt-to-equity ratio of 0.28. The stock has a 50 day moving average price of $176.53 and a two-hundred day moving average price of $166.47. Applied Materials, Inc. has a 12-month low of $123.74 and a 12-month high of $215.70.

Applied Materials (NASDAQ:AMAT) last announced its earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.36 by $0.12. The firm 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%.The company’s revenue was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Equities analysts expect that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be given a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Thursday, November 20th. Applied Materials’s dividend payout ratio is currently 21.93%.

Analyst Upgrades and Downgrades

AMAT has been the topic of a number of research reports. Mizuho restated a “neutral” rating and issued a $175.00 price objective (down previously from $200.00) on shares of Applied Materials in a report on Friday, September 12th. Summit Insights downgraded Applied Materials from a “buy” rating to a “hold” rating in a report on Friday, August 15th. JPMorgan Chase & Co. increased their price objective on Applied Materials from $210.00 to $220.00 and gave the stock an “overweight” rating in a report on Friday, August 15th. Wells Fargo & Company dropped their price objective on Applied Materials from $215.00 to $205.00 and set an “overweight” rating on the stock in a report on Friday, August 15th. Finally, Rothschild & Co Redburn downgraded Applied Materials from a “buy” rating to a “neutral” rating and set a $200.00 price objective on the stock. in a report on Monday, July 7th. Seventeen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $194.15.

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.