Mutual Advisors LLC Has $1.13 Million Stake in Applied Materials, Inc. $AMAT

Mutual Advisors LLC boosted its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 3.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,100 shares of the manufacturing equipment provider’s stock after purchasing an additional 186 shares during the quarter. Mutual Advisors LLC’s holdings in Applied Materials were worth $1,133,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of AMAT. Nuveen LLC acquired a new stake in Applied Materials in the 1st quarter worth about $1,085,600,000. Kingstone Capital Partners Texas LLC acquired a new stake in Applied Materials in the 2nd quarter worth about $882,396,000. Pacer Advisors Inc. raised its stake in Applied Materials by 2,401.0% in the 1st quarter. Pacer Advisors Inc. now owns 3,066,817 shares of the manufacturing equipment provider’s stock worth $445,056,000 after purchasing an additional 2,944,193 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in Applied Materials by 43.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,573,673 shares of the manufacturing equipment provider’s stock worth $808,853,000 after purchasing an additional 1,691,428 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its stake in Applied Materials by 23.6% in the 1st quarter. Ameriprise Financial Inc. now owns 7,860,838 shares of the manufacturing equipment provider’s stock worth $1,140,836,000 after purchasing an additional 1,502,995 shares in the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Trading Down 1.2%

Shares of Applied Materials stock opened at $224.99 on Friday. The firm has a market capitalization of $179.24 billion, a PE ratio of 26.82, a price-to-earnings-growth ratio of 2.85 and a beta of 1.82. The company has a current ratio of 2.50, a quick ratio of 1.76 and a debt-to-equity ratio of 0.28. The firm’s 50 day moving average is $186.80 and its 200 day moving average is $174.12. Applied Materials, Inc. has a 1 year low of $123.74 and a 1 year high of $232.07.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, beating 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 net margin of 23.88% and a return on equity of 40.96%. The firm’s revenue was up 7.7% on a year-over-year basis. During the same period in the previous year, the firm posted $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Equities research analysts forecast that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be issued a dividend of $0.46 per share. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $1.84 annualized dividend and a dividend yield of 0.8%. Applied Materials’s payout ratio is 21.93%.

Analyst Ratings Changes

Several equities analysts have commented on the stock. UBS Group decreased their target price on shares of Applied Materials from $185.00 to $180.00 and set a “neutral” rating on the stock in a report on Friday, August 15th. Morgan Stanley raised shares of Applied Materials from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $172.00 to $209.00 in a report on Monday, September 22nd. Redburn Atlantic lowered shares of Applied Materials from a “strong-buy” rating to a “hold” rating and decreased their target price for the company from $225.00 to $200.00 in a report on Monday, July 7th. Evercore ISI reissued an “outperform” rating and issued a $209.00 target price on shares of Applied Materials in a report on Friday, August 15th. Finally, Daiwa America lowered shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 20th. Eighteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $206.08.

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.