Jmac Enterprises LLC Takes $238,000 Position in Applied Materials, Inc. $AMAT

Jmac Enterprises LLC purchased a new stake in Applied Materials, Inc. (NASDAQ:AMAT) in the 2nd quarter, Holdings Channel reports. The fund purchased 1,300 shares of the manufacturing equipment provider’s stock, valued at approximately $238,000.

Several other hedge funds have also modified their holdings of the business. Cornell Pochily Investment Advisors Inc. acquired a new stake in shares of Applied Materials in the 2nd quarter valued at approximately $207,000. Northstar Group Inc. acquired a new stake in shares of Applied Materials in the 2nd quarter valued at approximately $248,000. Philip James Wealth Mangement LLC acquired a new stake in shares of Applied Materials in the 2nd quarter valued at approximately $201,000. McGuire Investment Group LLC lifted its holdings in shares of Applied Materials by 1.8% in the 2nd quarter. McGuire Investment Group LLC now owns 125,176 shares of the manufacturing equipment provider’s stock valued at $22,916,000 after buying an additional 2,247 shares during the period. Finally, Gold Investment Management Ltd. lifted its holdings in shares of Applied Materials by 11.0% in the 2nd quarter. Gold Investment Management Ltd. now owns 30,887 shares of the manufacturing equipment provider’s stock valued at $5,666,000 after buying an additional 3,066 shares during the period. 80.56% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on AMAT shares. UBS Group lowered their price target on Applied Materials from $185.00 to $180.00 and set a “neutral” rating on the stock in a report on Friday, August 15th. Citigroup lowered their price target on Applied Materials from $220.00 to $205.00 and set a “buy” rating on the stock in a report on Friday, August 15th. Summit Insights cut Applied Materials from a “buy” rating to a “hold” rating in a report on Friday, August 15th. Wolfe Research lowered their price target on Applied Materials from $230.00 to $200.00 and set an “outperform” rating on the stock in a report on Friday, August 15th. Finally, DZ Bank cut Applied Materials from a “hold” rating to a “sell” rating and set a $150.00 price target on the stock. in a report on Friday, August 15th. Seventeen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Applied Materials presently has an average rating of “Moderate Buy” and an average price target of $194.15.

Applied Materials Trading Up 2.7%

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

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share 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 company had revenue of $7.30 billion for the quarter, compared to analyst estimates of $7.21 billion. During the same quarter in the prior year, the company posted $2.12 EPS. The business’s revenue for the quarter 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. Analysts anticipate that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Announces Dividend

The firm also recently declared 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 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, November 20th. Applied Materials’s dividend payout ratio is currently 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.