denkapparat Operations GmbH Buys 1,718 Shares of Applied Materials, Inc. $AMAT

denkapparat Operations GmbH raised its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 39.0% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 6,128 shares of the manufacturing equipment provider’s stock after acquiring an additional 1,718 shares during the period. Applied Materials comprises 0.9% of denkapparat Operations GmbH’s holdings, making the stock its 13th largest position. denkapparat Operations GmbH’s holdings in Applied Materials were worth $1,122,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in AMAT. Shelton Wealth Management LLC raised its holdings in Applied Materials by 1.5% during the 2nd quarter. Shelton Wealth Management LLC now owns 3,398 shares of the manufacturing equipment provider’s stock valued at $622,000 after buying an additional 51 shares during the last quarter. Octavia Wealth Advisors LLC increased its position in shares of 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 valued at $1,135,000 after acquiring an additional 51 shares during the period. Narus Financial Partners LLC raised its stake 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 last quarter. AdvisorNet Financial Inc raised its stake 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 last quarter. Finally, Encompass Wealth Advisors LLC boosted 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 worth $293,000 after purchasing an additional 53 shares during the period. Institutional investors own 80.56% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Evercore ISI restated an “outperform” rating and set a $209.00 price target on shares of Applied Materials in a report on Friday, August 15th. TD Cowen cut their price objective on Applied Materials from $220.00 to $200.00 and set a “buy” rating on the stock in a research report on Friday, August 15th. Summit Insights downgraded Applied Materials from a “buy” rating to a “hold” rating in a report on Friday, August 15th. The Goldman Sachs Group raised their target price on shares of Applied Materials from $215.00 to $250.00 and gave the stock a “buy” rating in a research report on Thursday, October 9th. Finally, UBS Group dropped their target price on shares of Applied Materials from $185.00 to $180.00 and set a “neutral” rating on the stock in a report on Friday, August 15th. Eighteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $212.31.

Applied Materials Price Performance

Shares of Applied Materials stock opened at $228.67 on Wednesday. The firm has a market cap of $182.17 billion, a PE ratio of 27.26, a PEG ratio of 2.95 and a beta of 1.84. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $242.50. The stock has a 50 day moving average of $208.22 and a 200 day moving average of $185.70. 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 (NASDAQ:AMAT) last announced its 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. 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 quarter in the prior year, the firm posted $2.12 earnings per share. The business’s revenue for the quarter 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, research analysts expect that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The firm also recently declared 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 of this dividend is Thursday, November 20th. Applied Materials’s dividend 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.