Denali Advisors LLC Cuts Stake in Applied Materials, Inc. $AMAT

Denali Advisors LLC decreased its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 2.1% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,825 shares of the manufacturing equipment provider’s stock after selling 167 shares during the period. Denali Advisors LLC’s holdings in Applied Materials were worth $1,433,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AMAT. Smallwood Wealth Investment Management LLC bought a new stake in Applied Materials during the 1st quarter valued at $29,000. Maseco LLP bought a new stake in Applied Materials during the 2nd quarter valued at $30,000. Clal Insurance Enterprises Holdings Ltd raised its holdings 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 valued at $31,000 after buying an additional 174 shares during the last quarter. Activest Wealth Management raised its holdings 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 valued at $31,000 after buying an additional 213 shares during the last quarter. Finally, Disciplina Capital Management LLC raised its holdings in Applied Materials by 91.5% during the 1st quarter. Disciplina Capital Management LLC now owns 272 shares of the manufacturing equipment provider’s stock valued at $39,000 after buying an additional 130 shares during the last quarter. 80.56% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on AMAT shares. KeyCorp upped their price target on shares of Applied Materials from $220.00 to $240.00 and gave the company an “overweight” rating in a report on Friday, October 10th. Redburn Atlantic lowered shares of Applied Materials from a “strong-buy” rating to a “hold” rating and decreased their price objective for the stock from $225.00 to $200.00 in a report on Monday, July 7th. Citigroup decreased their price objective on shares of Applied Materials from $220.00 to $205.00 and set a “buy” rating for the company in a report on Friday, August 15th. Mizuho upped their price objective on shares of Applied Materials from $175.00 to $215.00 and gave the stock a “neutral” rating in a report on Thursday, October 16th. Finally, Summit Insights lowered shares of Applied Materials from a “buy” rating to a “hold” rating in a report on Friday, August 15th. Eighteen 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’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $209.15.

Applied Materials Stock Performance

Shares of AMAT stock opened at $220.56 on Thursday. Applied Materials, Inc. has a one year low of $123.74 and a one year high of $232.07. The company’s 50-day moving average is $189.03 and its 200 day moving average is $175.94. The company has a market capitalization of $175.71 billion, a price-to-earnings ratio of 26.29, a price-to-earnings-growth ratio of 2.83 and a beta of 1.82. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.76 and a current ratio of 2.50.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 EPS for the quarter, beating the consensus estimate of $2.36 by $0.12. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The company had revenue of $7.30 billion for the quarter, compared to the consensus estimate of $7.21 billion. During the same period in the prior year, the firm posted $2.12 EPS. Applied Materials’s revenue for the quarter was up 7.7% on a year-over-year basis. 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 Announces Dividend

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

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.