Achmea Investment Management B.V. Has $91.83 Million Stock Position in Applied Materials, Inc. $AMAT

Achmea Investment Management B.V. boosted its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 7.6% in the second quarter, Holdings Channel.com reports. The firm owned 501,587 shares of the manufacturing equipment provider’s stock after acquiring an additional 35,437 shares during the period. Applied Materials makes up about 1.2% of Achmea Investment Management B.V.’s investment portfolio, making the stock its 10th largest position. Achmea Investment Management B.V.’s holdings in Applied Materials were worth $91,826,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of AMAT. Brighton Jones LLC grew its holdings in shares of Applied Materials by 28.0% in the 4th quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock valued at $2,061,000 after acquiring an additional 2,771 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Applied Materials by 47.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 1,539,435 shares of the manufacturing equipment provider’s stock valued at $223,403,000 after acquiring an additional 493,164 shares in the last quarter. Callan Capital LLC bought a new position in shares of Applied Materials in the 1st quarter valued at about $221,000. Brown Advisory Inc. grew its holdings in shares of Applied Materials by 19.4% in the 1st quarter. Brown Advisory Inc. now owns 94,619 shares of the manufacturing equipment provider’s stock valued at $13,731,000 after acquiring an additional 15,377 shares in the last quarter. Finally, Stratos Investment Management LLC grew its holdings in Applied Materials by 25.4% during the first quarter. Stratos Investment Management LLC now owns 3,293 shares of the manufacturing equipment provider’s stock worth $478,000 after purchasing an additional 668 shares during the period. Institutional investors own 80.56% of the company’s stock.

Wall Street Analyst Weigh In

AMAT has been the subject of a number of research analyst reports. Stifel Nicolaus lifted their price target on Applied Materials from $180.00 to $215.00 and gave the stock a “buy” rating in a report on Monday, October 13th. Citigroup reduced their price target on Applied Materials from $220.00 to $205.00 and set a “buy” rating for the company in a report on Friday, August 15th. TD Cowen reduced their price target on Applied Materials from $220.00 to $200.00 and set a “buy” rating for the company in a report on Friday, August 15th. Summit Insights cut Applied Materials from a “buy” rating to a “hold” rating in a report on Friday, August 15th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on Applied Materials from $200.00 to $170.00 and set a “hold” rating for the company in a report 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. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $210.96.

Applied Materials Stock Up 4.6%

NASDAQ AMAT opened at $240.89 on Thursday. 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 1-year low of $123.74 and a 1-year high of $242.50. The company has a 50 day moving average of $202.56 and a 200-day moving average of $182.95. The company has a market cap of $191.90 billion, a price-to-earnings ratio of 28.71, a PEG ratio of 2.95 and a beta of 1.84.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings results 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 company had revenue of $7.30 billion during the quarter, compared to the consensus estimate of $7.21 billion. During the same period in the previous year, the business earned $2.12 earnings per share. The firm’s quarterly revenue was up 7.7% on a year-over-year basis. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, equities research analysts expect that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The business also recently announced 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 dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, November 20th. Applied Materials’s payout ratio is presently 21.93%.

Applied Materials Company 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.