OFI Invest Asset Management Acquires 4,810 Shares of Applied Materials, Inc. $AMAT

OFI Invest Asset Management boosted its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 34.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 18,878 shares of the manufacturing equipment provider’s stock after acquiring an additional 4,810 shares during the period. OFI Invest Asset Management’s holdings in Applied Materials were worth $3,456,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Runnymede Capital Advisors Inc. raised its stake in Applied Materials by 972.2% in the 1st quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider’s stock valued at $28,000 after acquiring an additional 175 shares during the period. Smallwood Wealth Investment Management LLC bought a new stake in Applied Materials in the 1st quarter valued at $29,000. Maseco LLP bought a new stake in Applied Materials in the 2nd quarter valued at $30,000. Clal Insurance Enterprises Holdings Ltd raised its stake in Applied Materials by 435.0% in the 1st 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 raised its stake in Applied Materials by 5,325.0% in the 1st 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.

Analyst Ratings Changes

AMAT has been the topic of a number of research analyst reports. Wall Street Zen cut Applied Materials from a “buy” rating to a “hold” rating in a research note on Saturday, June 14th. Cfra Research upgraded Applied Materials to a “hold” rating in a research report on Friday, August 15th. Evercore ISI reiterated an “outperform” rating and set a $209.00 price objective on shares of Applied Materials in a research report on Friday, August 15th. Morgan Stanley upgraded Applied Materials from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $172.00 to $209.00 in a research report on Monday, September 22nd. Finally, Daiwa Capital Markets reiterated a “neutral” rating and set a $170.00 price objective (down previously from $185.00) on shares of Applied Materials in a research report on Wednesday, August 20th. Seventeen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $200.50.

Applied Materials Stock Performance

AMAT opened at $209.95 on Friday. 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, Inc. has a 52-week low of $123.74 and a 52-week high of $226.49. 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 fifty day moving average is $182.60 and its 200-day moving average is $171.62.

Applied Materials (NASDAQ:AMAT) last released its earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.36 by $0.12. The company had revenue of $7.30 billion for the quarter, compared to analyst estimates of $7.21 billion. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.Applied Materials’s quarterly revenue was up 7.7% on a year-over-year basis. During the same period in the prior year, the firm posted $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Sell-side analysts expect 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 issued a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Thursday, November 20th. Applied Materials’s dividend payout ratio is 21.93%.

Applied Materials Company 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.