Applied Materials, Inc. $AMAT Shares Bought by FSM Wealth Advisors LLC

FSM Wealth Advisors LLC grew its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 43.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,683 shares of the manufacturing equipment provider’s stock after purchasing an additional 810 shares during the quarter. FSM Wealth Advisors LLC’s holdings in Applied Materials were worth $512,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Shelton Wealth Management LLC raised its holdings in Applied Materials by 1.5% during the second quarter. Shelton Wealth Management LLC now owns 3,398 shares of the manufacturing equipment provider’s stock worth $622,000 after purchasing an additional 51 shares in the last quarter. Octavia Wealth Advisors LLC raised its holdings in Applied Materials by 0.8% during the second quarter. Octavia Wealth Advisors LLC now owns 6,200 shares of the manufacturing equipment provider’s stock worth $1,135,000 after purchasing an additional 51 shares in the last quarter. Narus Financial Partners LLC raised its holdings in Applied Materials by 3.8% during the second quarter. Narus Financial Partners LLC now owns 1,433 shares of the manufacturing equipment provider’s stock worth $262,000 after purchasing an additional 52 shares in the last quarter. AdvisorNet Financial Inc raised its holdings in Applied Materials by 2.7% during the second quarter. AdvisorNet Financial Inc now owns 1,958 shares of the manufacturing equipment provider’s stock worth $358,000 after purchasing an additional 52 shares in the last quarter. Finally, Encompass Wealth Advisors LLC raised its holdings in Applied Materials by 3.4% during the second quarter. Encompass Wealth Advisors LLC now owns 1,601 shares of the manufacturing equipment provider’s stock worth $293,000 after purchasing an additional 53 shares in the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Trading Up 3.6%

Shares of AMAT stock opened at $228.47 on Friday. The firm has a market cap of $182.01 billion, a P/E ratio of 27.23, a PEG ratio of 2.76 and a beta of 1.82. Applied Materials, Inc. has a 1-year low of $123.74 and a 1-year high of $232.07. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.50 and a quick ratio of 1.76. The firm’s 50-day simple moving average is $189.84 and its 200-day simple moving average is $176.60.

Applied Materials (NASDAQ:AMAT) last posted its earnings results 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 firm 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 company’s revenue was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, equities analysts forecast that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Dividend Announcement

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

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on AMAT. Barclays raised their target price on shares of Applied Materials from $170.00 to $250.00 and gave the stock an “equal weight” rating in a research report on Monday. JPMorgan Chase & Co. raised their target price on shares of Applied Materials from $210.00 to $220.00 and gave the stock an “overweight” rating in a research report on Friday, August 15th. B. Riley raised their target price on shares of Applied Materials from $200.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, October 10th. Cfra Research upgraded shares of Applied Materials to a “hold” rating in a research report on Friday, August 15th. Finally, Citigroup lowered their price objective on shares of Applied Materials from $220.00 to $205.00 and set a “buy” rating on the stock in a research report on Friday, August 15th. Eighteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock 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.