Applied Materials, Inc. $AMAT Shares Acquired by Simon Quick Advisors LLC

Simon Quick Advisors LLC increased its position in Applied Materials, Inc. (NASDAQ:AMAT) by 41.7% in the second quarter, Holdings Channel reports. The firm owned 7,769 shares of the manufacturing equipment provider’s stock after purchasing an additional 2,286 shares during the quarter. Simon Quick Advisors LLC’s holdings in Applied Materials were worth $1,422,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the company. Ameriprise Financial Inc. grew its stake in Applied Materials by 23.6% in the first quarter. Ameriprise Financial Inc. now owns 7,860,838 shares of the manufacturing equipment provider’s stock worth $1,140,836,000 after purchasing an additional 1,502,995 shares in the last quarter. Amundi grew its stake in Applied Materials by 15.8% in the first quarter. Amundi now owns 7,656,034 shares of the manufacturing equipment provider’s stock worth $1,038,504,000 after purchasing an additional 1,046,635 shares in the last quarter. Nuveen LLC acquired a new position in Applied Materials in the first quarter worth about $1,085,600,000. Deutsche Bank AG grew its stake in Applied Materials by 20.7% in the first quarter. Deutsche Bank AG now owns 7,189,402 shares of the manufacturing equipment provider’s stock worth $1,043,326,000 after purchasing an additional 1,235,097 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD grew its stake in Applied Materials by 43.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,573,673 shares of the manufacturing equipment provider’s stock worth $808,853,000 after purchasing an additional 1,691,428 shares in the last quarter. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have commented on AMAT. Rothschild & Co Redburn downgraded Applied Materials from a “buy” rating to a “neutral” rating and set a $200.00 target price for the company. in a research note on Monday, July 7th. B. Riley lifted their target price on Applied Materials from $200.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, October 10th. Daiwa America downgraded Applied Materials from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 20th. Barclays lifted their target price on Applied Materials from $170.00 to $250.00 and gave the company an “equal weight” rating in a research note on Monday, October 20th. Finally, Mizuho lifted their target price on Applied Materials from $175.00 to $215.00 and gave the company a “neutral” rating in a research note on Thursday, October 16th. Eighteen investment 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. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $209.15.

Applied Materials Stock Performance

Shares of NASDAQ AMAT opened at $232.55 on Friday. The company has a current ratio of 2.50, a quick ratio of 1.76 and a debt-to-equity ratio of 0.28. The stock has a 50 day simple moving average of $196.79 and a 200-day simple moving average of $180.02. The company has a market cap of $185.26 billion, a PE ratio of 27.72, a P/E/G ratio of 2.95 and a beta of 1.82. Applied Materials, Inc. has a 12-month low of $123.74 and a 12-month high of $242.50.

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, topping the consensus estimate of $2.36 by $0.12. The business had revenue of $7.30 billion during the quarter, compared to the consensus estimate of $7.21 billion. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The business’s revenue was up 7.7% on a year-over-year basis. During the same period in the previous year, the firm posted $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, equities research analysts forecast that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Announces Dividend

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