RBA Wealth Management LLC Grows Position in Applied Materials, Inc. $AMAT

RBA Wealth Management LLC boosted its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 2.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 28,440 shares of the manufacturing equipment provider’s stock after buying an additional 574 shares during the period. Applied Materials accounts for 1.9% of RBA Wealth Management LLC’s portfolio, making the stock its 19th biggest holding. RBA Wealth Management LLC’s holdings in Applied Materials were worth $5,207,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Chatham Capital Group Inc. grew its position in shares of Applied Materials by 4.5% during the 2nd quarter. Chatham Capital Group Inc. now owns 15,935 shares of the manufacturing equipment provider’s stock worth $2,917,000 after buying an additional 680 shares during the period. Sage Rhino Capital LLC lifted its holdings in shares of Applied Materials by 4.8% in the second quarter. Sage Rhino Capital LLC now owns 1,780 shares of the manufacturing equipment provider’s stock valued at $326,000 after purchasing an additional 82 shares in the last quarter. LVW Advisors LLC lifted its holdings in Applied Materials by 12.9% during the second quarter. LVW Advisors LLC now owns 3,796 shares of the manufacturing equipment provider’s stock worth $695,000 after acquiring an additional 435 shares during the period. ORG Wealth Partners LLC raised its stake in shares of Applied Materials by 987.9% during the 2nd quarter. ORG Wealth Partners LLC now owns 631 shares of the manufacturing equipment provider’s stock valued at $116,000 after purchasing an additional 573 shares during the period. Finally, Brown Lisle Cummings Inc. boosted its holdings in shares of Applied Materials by 607.4% in the 2nd quarter. Brown Lisle Cummings Inc. now owns 1,153 shares of the manufacturing equipment provider’s stock worth $211,000 after purchasing an additional 990 shares in the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on AMAT shares. Redburn Atlantic downgraded 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 report on Monday, July 7th. JPMorgan Chase & Co. boosted their price target on shares of Applied Materials from $210.00 to $220.00 and gave the company an “overweight” rating in a research report on Friday, August 15th. Wells Fargo & Company cut their target price on shares of Applied Materials from $215.00 to $205.00 and set an “overweight” rating on the stock in a research note on Friday, August 15th. Wall Street Zen downgraded shares of Applied Materials from a “buy” rating to a “hold” rating in a report on Saturday, June 14th. Finally, The Goldman Sachs Group started coverage on shares of Applied Materials in a research note on Thursday, July 10th. They set a “buy” rating and a $225.00 target price for the company. Seventeen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Applied Materials presently has an average rating of “Moderate Buy” and a consensus target price of $194.15.

Applied Materials Trading Up 2.2%

NASDAQ AMAT opened at $203.92 on Friday. 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 firm has a market capitalization of $162.45 billion, a PE ratio of 24.31, a P/E/G ratio of 2.91 and a beta of 1.77. The stock’s 50 day moving average is $176.94 and its 200 day moving average is $167.33. Applied Materials, Inc. has a twelve month low of $123.74 and a twelve month high of $215.70.

Applied Materials (NASDAQ:AMAT) last released its earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $7.30 billion during the quarter, compared to analysts’ expectations of $7.21 billion. During the same quarter last year, the business 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. Research analysts forecast 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. Shareholders of record on Thursday, November 20th will be issued a $0.46 dividend. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $1.84 dividend on an annualized basis and a yield of 0.9%. Applied Materials’s dividend payout ratio (DPR) is currently 21.93%.

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.