Client 1ST Advisory Group LLC Acquires Shares of 1,152 Applied Materials, Inc. $AMAT

Client 1ST Advisory Group LLC acquired a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,152 shares of the manufacturing equipment provider’s stock, valued at approximately $211,000.

Other institutional investors also recently modified their holdings of the company. Avity Investment Management Inc. raised its stake in shares of Applied Materials by 4.1% in the second quarter. Avity Investment Management Inc. now owns 220,835 shares of the manufacturing equipment provider’s stock valued at $40,428,000 after acquiring an additional 8,680 shares during the last quarter. Leonard Rickey Investment Advisors P.L.L.C. bought a new position in shares of Applied Materials in the first quarter valued at approximately $230,000. Generali Investments Towarzystwo Funduszy Inwestycyjnych raised its stake in shares of Applied Materials by 12.7% in the first quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 26,650 shares of the manufacturing equipment provider’s stock valued at $3,867,000 after acquiring an additional 3,000 shares during the last quarter. Redwood Investment Management LLC raised its stake in shares of Applied Materials by 311.2% in the first quarter. Redwood Investment Management LLC now owns 12,924 shares of the manufacturing equipment provider’s stock valued at $1,876,000 after acquiring an additional 9,781 shares during the last quarter. Finally, Gallacher Capital Management LLC bought a new position in shares of Applied Materials in the second quarter valued at approximately $410,000. Institutional investors own 80.56% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Daiwa America cut shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 20th. DZ Bank cut shares of Applied Materials from a “hold” rating to a “sell” rating and set a $150.00 price objective for the company. in a research report on Friday, August 15th. The Goldman Sachs Group started coverage on shares of Applied Materials in a research report on Thursday, July 10th. They issued a “buy” rating and a $225.00 price objective for the company. Rothschild & Co Redburn cut shares of Applied Materials from a “buy” rating to a “neutral” rating and set a $200.00 price objective for the company. in a research report on Monday, July 7th. Finally, Evercore ISI restated an “outperform” rating and issued a $209.00 price objective on shares of Applied Materials in a research report on Friday, August 15th. 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 stock. According to MarketBeat.com, Applied Materials currently has a consensus rating of “Moderate Buy” and an average price target of $194.15.

Applied Materials Stock Performance

Shares of Applied Materials stock opened at $204.73 on Wednesday. The firm has a fifty day moving average of $177.54 and a two-hundred day moving average of $168.06. The stock has a market capitalization of $163.10 billion, a price-to-earnings ratio of 24.40, a PEG ratio of 2.92 and a beta of 1.77. Applied Materials, Inc. has a 52 week low of $123.74 and a 52 week high of $215.70. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.76 and a current ratio of 2.50.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, beating 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 company had revenue of $7.30 billion during the quarter, compared to analyst estimates of $7.21 billion. During the same quarter in the previous year, the business earned $2.12 EPS. 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 EPS for the current year.

Applied Materials Announces Dividend

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. 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 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.