Cromwell Holdings LLC Sells 108 Shares of Applied Materials, Inc. $AMAT

Cromwell Holdings LLC lessened its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 4.3% in the second quarter, Holdings Channel.com reports. The fund owned 2,432 shares of the manufacturing equipment provider’s stock after selling 108 shares during the period. Cromwell Holdings LLC’s holdings in Applied Materials were worth $445,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in AMAT. Runnymede Capital Advisors Inc. grew its stake in shares of Applied Materials by 972.2% in the first quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider’s stock worth $28,000 after acquiring an additional 175 shares during the last quarter. Smallwood Wealth Investment Management LLC purchased a new stake in shares of Applied Materials in the first quarter worth $29,000. Maseco LLP purchased a new stake in shares of Applied Materials during the second quarter valued at $30,000. Clal Insurance Enterprises Holdings Ltd lifted 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 valued at $31,000 after acquiring an additional 174 shares during the period. Finally, Activest Wealth Management lifted 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 valued at $31,000 after acquiring an additional 213 shares during the period. Institutional investors own 80.56% of the company’s stock.

Applied Materials Stock Up 2.7%

Applied Materials stock opened at $223.59 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.76 and a current ratio of 2.50. The business’s 50-day simple moving average is $178.86 and its two-hundred day simple moving average is $168.87. The company has a market cap of $178.12 billion, a PE ratio of 26.65, a PEG ratio of 2.85 and a beta of 1.82. Applied Materials, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $226.41.

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 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 firm had revenue of $7.30 billion for the quarter, compared to the consensus estimate of $7.21 billion. During the same quarter in the prior year, the business earned $2.12 earnings per share. The company’s revenue was up 7.7% compared to the same quarter last year. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Equities analysts anticipate that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Announces Dividend

The company 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 dividend of $0.46 per share. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.8%. Applied Materials’s dividend payout ratio is presently 21.93%.

Analyst Upgrades and Downgrades

AMAT has been the topic of a number of recent research reports. UBS Group lowered their target price on Applied Materials from $185.00 to $180.00 and set a “neutral” rating on the stock in a report on Friday, August 15th. Wolfe Research decreased their price objective on Applied Materials from $230.00 to $200.00 and set an “outperform” rating on the stock in a research note on Friday, August 15th. Daiwa America downgraded Applied Materials from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 20th. Deutsche Bank Aktiengesellschaft cut their price target on Applied Materials from $200.00 to $170.00 and set a “hold” rating for the company in a report on Friday, August 15th. Finally, Bank of America restated a “neutral” rating and set a $180.00 price objective (down previously from $190.00) on shares of Applied Materials in a report on Friday, August 15th. Seventeen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Applied Materials currently has an average rating of “Moderate Buy” and a consensus price target of $194.15.

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.