Soltis Investment Advisors LLC Purchases 3,001 Shares of Applied Materials, Inc. $AMAT

Soltis Investment Advisors LLC increased its position in Applied Materials, Inc. (NASDAQ:AMAT) by 13.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 26,111 shares of the manufacturing equipment provider’s stock after purchasing an additional 3,001 shares during the quarter. Soltis Investment Advisors LLC’s holdings in Applied Materials were worth $4,780,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Shelton Wealth Management LLC lifted its position in Applied Materials by 1.5% in 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 during the period. Octavia Wealth Advisors LLC lifted its position in Applied Materials by 0.8% in 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 during the period. Narus Financial Partners LLC lifted its holdings in shares of 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 valued at $262,000 after acquiring an additional 52 shares during the period. AdvisorNet Financial Inc lifted its holdings in shares of Applied Materials by 2.7% during the second quarter. AdvisorNet Financial Inc now owns 1,958 shares of the manufacturing equipment provider’s stock valued at $358,000 after acquiring an additional 52 shares during the period. Finally, Encompass Wealth Advisors LLC lifted its holdings in shares of 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 valued at $293,000 after acquiring an additional 53 shares during the period. 80.56% of the stock is owned by institutional investors.

Applied Materials Stock Performance

Shares of NASDAQ:AMAT opened at $240.89 on Thursday. Applied Materials, Inc. has a twelve month low of $123.74 and a twelve month high of $242.50. The firm has a market cap of $191.90 billion, a PE ratio of 28.71, a price-to-earnings-growth ratio of 2.95 and a beta of 1.84. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.76 and a current ratio of 2.50. The business has a fifty day moving average of $202.56 and a 200-day moving average of $182.95.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 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 analyst estimates of $7.21 billion. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The company’s revenue was up 7.7% on a year-over-year basis. During the same period last year, the company earned $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, equities research analysts predict that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be given a $0.46 dividend. 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 dividend payout ratio (DPR) is presently 21.93%.

Wall Street Analysts Forecast Growth

AMAT has been the subject of a number of analyst reports. Stifel Nicolaus lifted their price objective on Applied Materials from $180.00 to $215.00 and gave the company a “buy” rating in a report on Monday, October 13th. Mizuho lifted their price objective on Applied Materials from $175.00 to $215.00 and gave the company a “neutral” rating in a report on Thursday, October 16th. B. Riley lifted their price objective on Applied Materials from $200.00 to $265.00 and gave the company a “buy” rating in a report on Friday, October 10th. Daiwa America cut Applied Materials from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 20th. Finally, The Goldman Sachs Group lifted their price objective on Applied Materials from $215.00 to $250.00 and gave the company a “buy” rating in a report on Thursday, October 9th. Eighteen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $210.96.

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.