Exencial Wealth Advisors LLC Has $1.90 Million Stake in Applied Materials, Inc. $AMAT

Exencial Wealth Advisors LLC lowered its position in Applied Materials, Inc. (NASDAQ:AMAT) by 2.1% during the second quarter, Holdings Channel reports. The firm owned 10,358 shares of the manufacturing equipment provider’s stock after selling 222 shares during the period. Exencial Wealth Advisors LLC’s holdings in Applied Materials were worth $1,896,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Jacobsen Capital Management acquired a new position in shares of Applied Materials in the 2nd quarter worth approximately $278,000. D.A. Davidson & CO. increased its stake in shares of Applied Materials by 0.6% in the 2nd quarter. D.A. Davidson & CO. now owns 68,806 shares of the manufacturing equipment provider’s stock valued at $12,596,000 after acquiring an additional 384 shares in the last quarter. Blume Capital Management Inc. increased its stake in shares of Applied Materials by 0.8% in the 2nd quarter. Blume Capital Management Inc. now owns 44,062 shares of the manufacturing equipment provider’s stock valued at $8,066,000 after acquiring an additional 368 shares in the last quarter. Cullen Frost Bankers Inc. increased its stake in shares of Applied Materials by 4.1% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 56,835 shares of the manufacturing equipment provider’s stock valued at $10,405,000 after acquiring an additional 2,214 shares in the last quarter. Finally, Wallace Advisory Group LLC increased its stake in shares of Applied Materials by 26.6% in the 2nd quarter. Wallace Advisory Group LLC now owns 2,854 shares of the manufacturing equipment provider’s stock valued at $522,000 after acquiring an additional 600 shares in the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Stock Performance

Shares of AMAT stock opened at $220.56 on Thursday. The firm has a market capitalization of $175.71 billion, a PE ratio of 26.29, a price-to-earnings-growth ratio of 2.83 and a beta of 1.82. The firm has a fifty day simple moving average of $189.03 and a two-hundred day simple moving average of $175.94. 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, Inc. has a 12 month low of $123.74 and a 12 month 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 EPS for the quarter, beating analysts’ consensus estimates of $2.36 by $0.12. The business had revenue of $7.30 billion during 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 quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Analysts forecast that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be paid a dividend of $0.46 per share. 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 21.93%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Wells Fargo & Company lifted their price objective on shares of Applied Materials from $240.00 to $250.00 and gave the company an “overweight” rating in a research note on Wednesday, October 8th. TD Cowen lowered their price objective on shares of Applied Materials from $220.00 to $200.00 and set a “buy” rating for the company in a research note on Friday, August 15th. Bank of America upgraded shares of Applied Materials from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $180.00 to $250.00 in a research note on Monday, October 13th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Applied Materials from $200.00 to $170.00 and set a “hold” rating for the company in a research note on Friday, August 15th. Finally, Summit Insights lowered shares of Applied Materials from a “buy” rating to a “hold” rating in a research note on Friday, August 15th. Eighteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $209.15.

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.