Applied Materials, Inc. $AMAT Shares Sold by Apollon Wealth Management LLC

Apollon Wealth Management LLC decreased its holdings in Applied Materials, Inc. (NASDAQ:AMATFree Report) by 0.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 27,463 shares of the manufacturing equipment provider’s stock after selling 193 shares during the quarter. Apollon Wealth Management LLC’s holdings in Applied Materials were worth $5,028,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Avity Investment Management Inc. grew its position in Applied Materials by 4.1% during the 2nd quarter. Avity Investment Management Inc. now owns 220,835 shares of the manufacturing equipment provider’s stock worth $40,428,000 after purchasing an additional 8,680 shares in the last quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych grew its position in Applied Materials by 12.7% during the 1st quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 26,650 shares of the manufacturing equipment provider’s stock worth $3,867,000 after purchasing an additional 3,000 shares in the last quarter. Redwood Investment Management LLC grew its position in Applied Materials by 311.2% during the 1st quarter. Redwood Investment Management LLC now owns 12,924 shares of the manufacturing equipment provider’s stock worth $1,876,000 after purchasing an additional 9,781 shares in the last quarter. Gallacher Capital Management LLC purchased a new position in Applied Materials during the 2nd quarter worth approximately $410,000. Finally, LifePlan Financial LLC purchased a new position in Applied Materials during the 2nd quarter worth approximately $755,000. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have weighed in on AMAT. B. Riley lifted their price objective on shares of Applied Materials from $200.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday. Wells Fargo & Company lifted their price objective on Applied Materials from $240.00 to $250.00 and gave the company an “overweight” rating in a research report on Wednesday. Wolfe Research reduced 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. JPMorgan Chase & Co. lifted their price objective on Applied Materials from $210.00 to $220.00 and gave the company an “overweight” rating in a research report on Friday, August 15th. Finally, Rothschild & Co Redburn cut 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. Seventeen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Applied Materials presently has a consensus rating of “Moderate Buy” and a consensus target price of $200.50.

Check Out Our Latest Stock Report on Applied Materials

Applied Materials Price Performance

NASDAQ AMAT opened at $209.95 on Friday. Applied Materials, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $226.49. The stock’s 50-day moving average is $182.60 and its two-hundred day moving average is $171.62. 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 firm has a market cap of $167.25 billion, a P/E ratio of 25.02, a price-to-earnings-growth ratio of 2.75 and a beta of 1.82.

Applied Materials (NASDAQ:AMATGet Free Report) last released its 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. The firm had revenue of $7.30 billion during the quarter, compared to analyst estimates of $7.21 billion. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The business’s revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, analysts anticipate that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

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 given 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 yield of 0.9%. Applied Materials’s payout ratio is currently 21.93%.

Applied Materials Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Applied Materials (NASDAQ:AMAT)

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