Brucke Financial Inc. Has $490,000 Stock Position in Applied Materials, Inc. $AMAT

Brucke Financial Inc. decreased its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 3.3% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,677 shares of the manufacturing equipment provider’s stock after selling 92 shares during the quarter. Brucke Financial Inc.’s holdings in Applied Materials were worth $490,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. PDS Planning Inc increased its position in shares of Applied Materials by 9.0% during the 2nd quarter. PDS Planning Inc now owns 4,602 shares of the manufacturing equipment provider’s stock worth $842,000 after purchasing an additional 381 shares during the last quarter. Blue Trust Inc. raised its stake in Applied Materials by 6.2% in the 2nd quarter. Blue Trust Inc. now owns 6,692 shares of the manufacturing equipment provider’s stock valued at $1,225,000 after acquiring an additional 388 shares during the period. Brandywine Oak Private Wealth LLC bought a new stake in Applied Materials in the 2nd quarter valued at $204,000. Galvin Gaustad & Stein LLC bought a new stake in Applied Materials in the 2nd quarter valued at $201,000. Finally, 3Chopt Investment Partners LLC raised its stake in Applied Materials by 3.5% in the 2nd quarter. 3Chopt Investment Partners LLC now owns 5,829 shares of the manufacturing equipment provider’s stock valued at $1,067,000 after acquiring an additional 196 shares during the period. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Stock Performance

NASDAQ:AMAT opened at $209.95 on Friday. The stock has a fifty day moving average price of $182.60 and a 200-day moving average price of $171.47. The company has a market cap of $167.25 billion, a price-to-earnings ratio of 25.02, a PEG ratio of 2.89 and a beta of 1.82. 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, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $226.49.

Applied Materials (NASDAQ:AMAT) last released its earnings results 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. The firm had revenue of $7.30 billion during the quarter, compared to the consensus estimate of $7.21 billion. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The company’s revenue was up 7.7% compared to the same quarter last year. During the same period in the prior year, the company posted $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, equities analysts anticipate that Applied Materials, Inc. will post 9.38 EPS 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. Stockholders of record on Thursday, November 20th will be given a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Thursday, November 20th. Applied Materials’s dividend payout ratio is presently 21.93%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on AMAT shares. Barclays increased their price target on Applied Materials from $160.00 to $170.00 and gave the company an “equal weight” rating in a research note on Monday, July 28th. Morgan Stanley upgraded Applied Materials from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $172.00 to $209.00 in a research note on Monday, September 22nd. Redburn Atlantic lowered Applied Materials from a “strong-buy” rating to a “hold” rating and decreased their price objective for the company from $225.00 to $200.00 in a report on Monday, July 7th. Evercore ISI reaffirmed an “outperform” rating and issued a $209.00 price objective on shares of Applied Materials in a report on Friday, August 15th. Finally, B. Riley upped their price objective on Applied Materials from $200.00 to $265.00 and gave the company a “buy” rating in a report on Friday. Seventeen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $200.50.

Applied Materials Profile

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.