Applied Materials, Inc. $AMAT Shares Sold by Savant Capital LLC

Savant Capital LLC cut its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 5.3% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 25,205 shares of the manufacturing equipment provider’s stock after selling 1,400 shares during the quarter. Savant Capital LLC’s holdings in Applied Materials were worth $4,614,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the business. Maseco LLP acquired a new position in Applied Materials during the second quarter valued at $30,000. Clal Insurance Enterprises Holdings Ltd grew its position in Applied Materials by 435.0% during the 1st 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 period. Activest Wealth Management raised its stake in shares of Applied Materials by 5,325.0% during the 1st quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider’s stock valued at $31,000 after buying an additional 213 shares during the last quarter. Disciplina Capital Management LLC lifted its holdings in shares of Applied Materials by 91.5% in the 1st quarter. Disciplina Capital Management LLC now owns 272 shares of the manufacturing equipment provider’s stock valued at $39,000 after buying an additional 130 shares during the period. Finally, Greenline Partners LLC acquired a new position in shares of Applied Materials in the 1st quarter valued at about $39,000. 80.56% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

AMAT has been the topic of several analyst reports. UBS Group dropped their target price on Applied Materials from $185.00 to $180.00 and set a “neutral” rating on the stock in a report on Friday, August 15th. Morgan Stanley reaffirmed an “overweight” rating and set a $256.00 price objective on shares of Applied Materials in a research note on Friday, October 31st. Summit Insights lowered shares of Applied Materials from a “buy” rating to a “hold” rating in a report on Friday, August 15th. Wells Fargo & Company boosted their target price on shares of Applied Materials from $240.00 to $250.00 and gave the company an “overweight” rating in a research note on Wednesday, October 8th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Applied Materials in a research report on Wednesday, October 8th. 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. According to MarketBeat.com, Applied Materials presently has a consensus rating of “Moderate Buy” and an average price target of $210.96.

Applied Materials Price Performance

Applied Materials stock opened at $230.07 on Friday. The stock has a market capitalization of $183.28 billion, a P/E ratio of 27.42, a P/E/G ratio of 2.95 and a beta of 1.84. The company’s fifty day moving average price is $205.31 and its 200 day moving average price is $184.28. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.76 and a current ratio of 2.50. Applied Materials, Inc. has a 1 year low of $123.74 and a 1 year high of $242.50.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $7.21 billion. During the same period last year, the firm posted $2.12 earnings per share. The company’s revenue 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. As a group, equities research analysts anticipate that Applied Materials, Inc. will post 9.38 earnings per share 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 issued a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 0.8%. The ex-dividend date is Thursday, November 20th. Applied Materials’s payout ratio is presently 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.