Jackson Thornton Wealth Management LLC Makes New $248,000 Investment in Applied Materials, Inc. $AMAT

Jackson Thornton Wealth Management LLC bought a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 1,273 shares of the manufacturing equipment provider’s stock, valued at approximately $248,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AMAT. Runnymede Capital Advisors Inc. boosted its stake in Applied Materials by 972.2% during the 1st quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider’s stock worth $28,000 after purchasing an additional 175 shares during the last quarter. Smallwood Wealth Investment Management LLC acquired a new stake in Applied Materials during the 1st quarter worth $29,000. Maseco LLP acquired a new stake in Applied Materials during the 2nd quarter worth $30,000. Clal Insurance Enterprises Holdings Ltd boosted its stake in Applied Materials by 435.0% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider’s stock worth $31,000 after purchasing an additional 174 shares during the last quarter. Finally, Activest Wealth Management boosted its stake in Applied Materials by 5,325.0% during the 1st quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider’s stock worth $31,000 after purchasing an additional 213 shares during the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Stock Up 1.4%

Shares of AMAT opened at $228.13 on Tuesday. The firm has a market cap of $181.74 billion, a P/E ratio of 27.19, a price-to-earnings-growth ratio of 2.81 and a beta of 1.82. Applied Materials, Inc. has a 12-month low of $123.74 and a 12-month high of $232.07. The company’s 50-day moving average price is $187.67 and its 200 day moving average price is $175.28. The company has a current ratio of 2.50, a quick ratio of 1.76 and a debt-to-equity ratio of 0.28.

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, beating the consensus estimate of $2.36 by $0.12. The firm 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%. Applied Materials’s revenue was up 7.7% on a year-over-year basis. During the same period in the previous year, the firm earned $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, sell-side analysts forecast that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Announces Dividend

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

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. TD Cowen lowered their price target on shares of Applied Materials from $220.00 to $200.00 and set a “buy” rating on the stock in a research report on Friday, August 15th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Applied Materials from $200.00 to $170.00 and set a “hold” rating on the stock in a research report on Friday, August 15th. Cfra Research raised shares of Applied Materials to a “hold” rating in a research report on Friday, August 15th. Rothschild & Co Redburn cut shares of Applied Materials from a “buy” rating to a “neutral” rating and set a $200.00 price target on the stock. in a research report on Monday, July 7th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Applied Materials from $210.00 to $220.00 and gave the company an “overweight” rating in a research report on Friday, August 15th. Eighteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $209.15.

Applied Materials 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.