Salomon & Ludwin LLC Has $595,000 Holdings in Applied Materials, Inc. $AMAT

Salomon & Ludwin LLC increased its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 2,307.7% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,130 shares of the manufacturing equipment provider’s stock after buying an additional 3,000 shares during the period. Salomon & Ludwin LLC’s holdings in Applied Materials were worth $595,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Avity Investment Management Inc. raised its holdings in shares of Applied Materials by 4.1% during the second quarter. Avity Investment Management Inc. now owns 220,835 shares of the manufacturing equipment provider’s stock valued at $40,428,000 after purchasing an additional 8,680 shares during the period. Generali Investments Towarzystwo Funduszy Inwestycyjnych raised its holdings in shares of Applied Materials by 12.7% during the first quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 26,650 shares of the manufacturing equipment provider’s stock valued at $3,867,000 after purchasing an additional 3,000 shares during the period. Redwood Investment Management LLC raised its holdings in shares of Applied Materials by 311.2% during the first quarter. Redwood Investment Management LLC now owns 12,924 shares of the manufacturing equipment provider’s stock valued at $1,876,000 after purchasing an additional 9,781 shares during the period. Gallacher Capital Management LLC acquired a new position in shares of Applied Materials during the second quarter valued at about $410,000. Finally, LifePlan Financial LLC acquired a new position in shares of Applied Materials during the second quarter valued at about $755,000. Institutional investors own 80.56% of the company’s stock.

Applied Materials Trading Down 1.2%

Shares of AMAT stock opened at $224.99 on Friday. Applied Materials, Inc. has a 52-week low of $123.74 and a 52-week high of $232.07. 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 company has a 50-day simple moving average of $186.80 and a two-hundred day simple moving average of $174.30. The company has a market capitalization of $179.24 billion, a price-to-earnings ratio of 26.82, a PEG ratio of 2.81 and a beta of 1.82.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.36 by $0.12. The business had revenue of $7.30 billion during the quarter, compared to the consensus estimate of $7.21 billion. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The firm’s quarterly revenue was up 7.7% compared to the same quarter last year. 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. Research 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. Shareholders of record on Thursday, November 20th will be paid a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Thursday, November 20th. Applied Materials’s payout ratio is presently 21.93%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on AMAT shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Applied Materials in a report on Wednesday, October 8th. DZ Bank downgraded shares of Applied Materials from a “hold” rating to a “sell” rating and set a $150.00 target price for the company. in a research report on Friday, August 15th. Redburn Atlantic downgraded shares of Applied Materials from a “strong-buy” rating to a “hold” rating and decreased their target price for the stock from $225.00 to $200.00 in a research report on Monday, July 7th. Mizuho boosted their target price on shares of Applied Materials from $175.00 to $215.00 and gave the stock a “neutral” rating in a research report on Thursday. Finally, UBS Group decreased their target price on shares of Applied Materials from $185.00 to $180.00 and set a “neutral” rating for the company in a research report on Friday, August 15th. Eighteen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average 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.