XML Financial LLC Acquires 758 Shares of Applied Materials, Inc. $AMAT

XML Financial LLC increased its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 5.9% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 13,569 shares of the manufacturing equipment provider’s stock after purchasing an additional 758 shares during the period. XML Financial LLC’s holdings in Applied Materials were worth $2,484,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of AMAT. Runnymede Capital Advisors Inc. lifted its stake in shares of Applied Materials by 972.2% during the 1st quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider’s stock worth $28,000 after purchasing an additional 175 shares during the last quarter. Smallwood Wealth Investment Management LLC bought a new position in Applied Materials in the first quarter worth about $29,000. Maseco LLP purchased a new stake in shares of Applied Materials during the second quarter valued at about $30,000. Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of Applied Materials by 435.0% in the 1st 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 in the last quarter. Finally, Activest Wealth Management grew its position in shares of Applied Materials by 5,325.0% in the 1st 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 own 80.56% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on AMAT. Citigroup decreased their target price 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. JPMorgan Chase & Co. increased their price objective on Applied Materials from $210.00 to $220.00 and gave the company an “overweight” rating in a report on Friday, August 15th. Wolfe Research lowered their price objective on Applied Materials from $230.00 to $200.00 and set an “outperform” rating for the company in a research report on Friday, August 15th. KeyCorp upped their target price on Applied Materials from $200.00 to $220.00 and gave the company an “overweight” rating in a research report on Tuesday, September 23rd. Finally, Rothschild & Co Redburn cut Applied Materials from a “buy” rating to a “neutral” rating and set a $200.00 price target for the company. in a research note on Monday, July 7th. Seventeen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $194.15.

Applied Materials Stock Performance

Shares of AMAT stock opened at $204.95 on Tuesday. The firm has a market capitalization of $163.27 billion, a price-to-earnings ratio of 24.43, a price-to-earnings-growth ratio of 2.91 and a beta of 1.77. 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 business has a fifty day moving average of $177.19 and a 200 day moving average of $167.80. Applied Materials, Inc. has a 1 year low of $123.74 and a 1 year high of $215.70.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share for the quarter, beating analysts’ consensus estimates of $2.36 by $0.12. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The business had revenue of $7.30 billion for the quarter, compared to analyst estimates of $7.21 billion. During the same period in the prior year, the company earned $2.12 earnings per share. The company’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, research 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. Shareholders of record on Thursday, November 20th will be paid a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 0.9%. The ex-dividend date is Thursday, November 20th. Applied Materials’s payout ratio is presently 21.93%.

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.