Mark Sheptoff Financial Planning LLC Sells 225 Shares of Applied Materials, Inc. $AMAT

Mark Sheptoff Financial Planning LLC lowered its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 57.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 169 shares of the manufacturing equipment provider’s stock after selling 225 shares during the quarter. Mark Sheptoff Financial Planning LLC’s holdings in Applied Materials were worth $31,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Shelton Wealth Management LLC increased its stake in shares of 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 valued at $622,000 after purchasing an additional 51 shares in the last quarter. Octavia Wealth Advisors LLC increased its position in Applied Materials by 0.8% during the 2nd quarter. Octavia Wealth Advisors LLC now owns 6,200 shares of the manufacturing equipment provider’s stock valued at $1,135,000 after buying an additional 51 shares in the last quarter. Narus Financial Partners LLC raised its stake 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 valued at $262,000 after buying an additional 52 shares during the last quarter. AdvisorNet Financial Inc boosted its holdings in Applied Materials by 2.7% in the second quarter. AdvisorNet Financial Inc now owns 1,958 shares of the manufacturing equipment provider’s stock worth $358,000 after acquiring an additional 52 shares in the last quarter. Finally, Encompass Wealth Advisors LLC grew its stake in shares of Applied Materials by 3.4% in the second quarter. Encompass Wealth Advisors LLC now owns 1,601 shares of the manufacturing equipment provider’s stock worth $293,000 after acquiring an additional 53 shares during the last quarter. 80.56% of the stock is owned by hedge funds and other institutional investors.

Applied Materials Trading Down 1.5%

Shares of Applied Materials stock opened at $230.07 on Friday. Applied Materials, Inc. has a 1-year low of $123.74 and a 1-year high of $242.50. The company’s fifty day simple moving average is $205.31 and its 200-day simple moving average is $183.96. 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 stock has a market capitalization of $183.28 billion, a PE ratio of 27.42, a P/E/G ratio of 2.95 and a beta of 1.84.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share for the quarter, beating the consensus estimate of $2.36 by $0.12. The business had revenue of $7.30 billion for 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 for the quarter was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, equities analysts anticipate that Applied Materials, Inc. will post 9.38 earnings per share 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 $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Thursday, November 20th. Applied Materials’s payout ratio is presently 21.93%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on AMAT shares. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Applied Materials from $200.00 to $170.00 and set a “hold” rating for the company in a research note on Friday, August 15th. Summit Insights lowered Applied Materials from a “buy” rating to a “hold” rating in a research report on Friday, August 15th. Stifel Nicolaus lifted their price target on shares of Applied Materials from $180.00 to $215.00 and gave the stock a “buy” rating in a research note on Monday, October 13th. DZ Bank downgraded shares of Applied Materials from a “hold” rating to a “sell” rating and set a $150.00 price objective on the stock. in a research report on Friday, August 15th. Finally, Evercore ISI restated an “outperform” rating and issued a $209.00 target price on shares of Applied Materials in a report on Friday, August 15th. Eighteen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $210.96.

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.