Rep. Dan Newhouse Purchases Shares of Applied Materials, Inc. (NASDAQ:AMAT)

Representative Dan Newhouse (R-Washington) recently bought shares of Applied Materials, Inc. (NASDAQ:AMAT). In a filing disclosed on September 17th, the Representative disclosed that they had bought between $1,001 and $15,000 in Applied Materials stock on August 18th. The trade occurred in the Representative’s “EDWARD JONES IRA” account.

Representative Dan Newhouse also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of RTX (NYSE:RTX) on 8/18/2025.
• Purchased $1,001 – $15,000 in shares of General Mills (NYSE:GIS) on 8/18/2025.
• Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 8/18/2025.
• Purchased $1,001 – $15,000 in shares of Ross Stores (NASDAQ:ROST) on 8/18/2025.
• Purchased $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 8/18/2025.
• Purchased $1,001 – $15,000 in shares of Prologis (NYSE:PLD) on 8/18/2025.
• Purchased $1,001 – $15,000 in shares of Brown & Brown (NYSE:BRO) on 8/18/2025.
• Purchased $1,001 – $15,000 in shares of Exxon Mobil (NYSE:XOM) on 8/18/2025.
• Purchased $1,001 – $15,000 in shares of AMETEK (NYSE:AME) on 8/18/2025.
• Purchased $1,001 – $15,000 in shares of S&P Global (NYSE:SPGI) on 8/18/2025.

Applied Materials Stock Performance

Shares of NASDAQ AMAT traded up $3.55 during mid-day trading on Tuesday, hitting $208.50. The company had a trading volume of 1,785,279 shares, compared to its average volume of 7,512,742. The business’s 50-day simple moving average is $177.19 and its 200-day simple moving average is $167.80. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.50 and a quick ratio of 1.76. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $215.70. The firm has a market cap of $166.10 billion, a P/E ratio of 24.97, a PEG ratio of 2.91 and a beta of 1.77.

Applied Materials (NASDAQ:AMAT) last issued 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. 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%.Applied Materials’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same period last year, the business earned $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, analysts predict 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. Investors of record on Thursday, November 20th will be paid a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Thursday, November 20th. Applied Materials’s dividend payout ratio (DPR) is presently 21.93%.

Institutional Investors Weigh In On Applied Materials

Large investors have recently made changes to their positions in the stock. Shelton Wealth Management LLC grew its position in Applied Materials by 1.5% during the second quarter. Shelton Wealth Management LLC now owns 3,398 shares of the manufacturing equipment provider’s stock valued at $622,000 after buying an additional 51 shares during the period. Octavia Wealth Advisors LLC grew its position in shares of Applied Materials by 0.8% during the 2nd quarter. Octavia Wealth Advisors LLC now owns 6,200 shares of the manufacturing equipment provider’s stock valued at $1,135,000 after acquiring an additional 51 shares during the period. Narus Financial Partners LLC grew its position in shares of Applied Materials by 3.8% during the 2nd quarter. Narus Financial Partners LLC now owns 1,433 shares of the manufacturing equipment provider’s stock valued at $262,000 after acquiring an additional 52 shares during the period. AdvisorNet Financial Inc grew its holdings in Applied Materials by 2.7% during the second quarter. AdvisorNet Financial Inc now owns 1,958 shares of the manufacturing equipment provider’s stock valued at $358,000 after purchasing an additional 52 shares during the period. Finally, Encompass Wealth Advisors LLC grew its holdings in Applied Materials by 3.4% during the second quarter. Encompass Wealth Advisors LLC now owns 1,601 shares of the manufacturing equipment provider’s stock valued at $293,000 after purchasing an additional 53 shares during the period. Institutional investors own 80.56% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Rothschild & Co Redburn cut Applied Materials from a “buy” rating to a “neutral” rating and set a $200.00 price objective for the company. in a report on Monday, July 7th. Cfra Research raised shares of Applied Materials to a “hold” rating in a research note on Friday, August 15th. Citigroup dropped their price objective on shares of Applied Materials from $220.00 to $205.00 and set a “buy” rating for the company in a research report on Friday, August 15th. KeyCorp boosted their price objective on shares of Applied Materials from $200.00 to $220.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 23rd. Finally, DZ Bank cut Applied Materials from a “hold” rating to a “sell” rating and set a $150.00 price objective for the company. in a report on Friday, August 15th. Seventeen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $194.15.

About Representative Newhouse

Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington’s 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington’s 4th Congressional District. He won in the general election on November 5, 2024.

Click here to see Newhouse’s key votes in Congress.

Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013.

Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.

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.