Biltmore Family Office LLC Buys New Stake in Applied Materials, Inc. $AMAT

Biltmore Family Office LLC bought a new stake in Applied Materials, Inc. (NASDAQ:AMAT) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 1,093 shares of the manufacturing equipment provider’s stock, valued at approximately $200,000.

Several other large investors have also recently bought and sold shares of AMAT. Smallwood Wealth Investment Management LLC purchased a new position in shares of Applied Materials during the first quarter worth about $29,000. Maseco LLP purchased a new position in shares of Applied Materials during the second quarter worth about $30,000. Clal Insurance Enterprises Holdings Ltd grew its holdings in shares of Applied Materials by 435.0% during the first 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. Activest Wealth Management grew its holdings in shares of Applied Materials by 5,325.0% during the first 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. Finally, Disciplina Capital Management LLC grew its holdings in shares of Applied Materials by 91.5% during the first quarter. Disciplina Capital Management LLC now owns 272 shares of the manufacturing equipment provider’s stock worth $39,000 after purchasing an additional 130 shares during the last quarter. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Applied Materials Price Performance

Shares of NASDAQ:AMAT opened at $227.64 on Wednesday. The company has a quick ratio of 1.76, a current ratio of 2.50 and a debt-to-equity ratio of 0.28. Applied Materials, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $235.79. The firm has a 50-day simple moving average of $193.84 and a 200 day simple moving average of $179.02. The company has a market cap of $181.35 billion, a PE ratio of 27.13, a P/E/G ratio of 2.89 and a beta of 1.82.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share for the quarter, beating analysts’ consensus estimates of $2.36 by $0.12. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The business had revenue of $7.30 billion during the quarter, compared to the consensus estimate of $7.21 billion. During the same quarter in the prior year, the firm earned $2.12 EPS. The company’s revenue for the quarter was up 7.7% compared to the same quarter last year. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, sell-side analysts anticipate that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Dividend Announcement

The company also recently announced 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 is Thursday, November 20th. This represents a $1.84 annualized dividend and a yield of 0.8%. Applied Materials’s dividend payout ratio is 21.93%.

Analyst Ratings Changes

Several equities analysts have issued reports on AMAT shares. Mizuho raised their price objective on Applied Materials from $175.00 to $215.00 and gave the stock a “neutral” rating in a report on Thursday, October 16th. Weiss Ratings restated a “hold (c)” rating on shares of Applied Materials in a research report on Wednesday, October 8th. Barclays lifted 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 note on Monday, October 20th. Daiwa America cut shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 20th. Finally, Cfra Research upgraded shares of Applied Materials to a “hold” rating in a report on Friday, August 15th. Eighteen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price 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.