Sagespring Wealth Partners LLC Has $1.52 Million Stock Position in Applied Materials, Inc. $AMAT

Sagespring Wealth Partners LLC grew its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 29.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,297 shares of the manufacturing equipment provider’s stock after purchasing an additional 1,875 shares during the period. Sagespring Wealth Partners LLC’s holdings in Applied Materials were worth $1,519,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Avity Investment Management Inc. raised its holdings in shares of Applied Materials by 4.1% in the 2nd quarter. Avity Investment Management Inc. now owns 220,835 shares of the manufacturing equipment provider’s stock worth $40,428,000 after acquiring an additional 8,680 shares during the last quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych raised its holdings in shares of Applied Materials by 12.7% in 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 acquiring an additional 3,000 shares during the last quarter. Redwood Investment Management LLC raised its holdings in shares of Applied Materials by 311.2% in the 1st quarter. Redwood Investment Management LLC now owns 12,924 shares of the manufacturing equipment provider’s stock worth $1,876,000 after acquiring an additional 9,781 shares during the last quarter. Gallacher Capital Management LLC acquired a new stake in shares of Applied Materials in the 2nd quarter worth about $410,000. Finally, LifePlan Financial LLC acquired a new stake in shares of Applied Materials in the 2nd quarter worth about $755,000. Institutional investors and hedge funds own 80.56% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on AMAT shares. Cantor Fitzgerald restated an “overweight” rating and issued a $225.00 target price on shares of Applied Materials in a report on Friday, October 3rd. Summit Insights lowered shares of Applied Materials from a “buy” rating to a “hold” rating in a research note on Friday, August 15th. Barclays increased their price objective on shares of Applied Materials from $160.00 to $170.00 and gave the company an “equal weight” rating in a research note on Monday, July 28th. Daiwa Capital Markets reiterated a “neutral” rating and issued a $170.00 price objective (down previously from $185.00) on shares of Applied Materials in a research note on Wednesday, August 20th. Finally, Cfra Research upgraded shares of Applied Materials to a “hold” rating in a research note on Friday, August 15th. Eighteen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $204.54.

Applied Materials Stock Down 0.6%

Applied Materials stock opened at $218.19 on Wednesday. Applied Materials, Inc. has a twelve month low of $123.74 and a twelve month high of $226.49. The firm has a 50 day moving average price of $184.11 and a 200-day moving average price of $172.62. The company has a market capitalization of $173.82 billion, a P/E ratio of 26.01, a P/E/G ratio of 2.88 and a beta of 1.82. 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 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. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The firm had revenue of $7.30 billion during the quarter, compared to the consensus estimate of $7.21 billion. During the same period in the prior year, the firm earned $2.12 EPS. 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. As a group, equities analysts predict that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Announces Dividend

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 0.8%. The ex-dividend date of this dividend is Thursday, November 20th. Applied Materials’s dividend payout ratio is currently 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.