Banco Bilbao Vizcaya Argentaria S.A. Has $21.12 Million Position in Applied Materials, Inc. $AMAT

Banco Bilbao Vizcaya Argentaria S.A. trimmed its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 10.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 115,127 shares of the manufacturing equipment provider’s stock after selling 14,128 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Applied Materials were worth $21,115,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC raised its stake in Applied Materials by 28.0% during the 4th quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock worth $2,061,000 after buying an additional 2,771 shares during the period. Edgestream Partners L.P. lifted its holdings in Applied Materials by 155.8% during the first quarter. Edgestream Partners L.P. now owns 13,098 shares of the manufacturing equipment provider’s stock worth $1,901,000 after acquiring an additional 7,978 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in shares of Applied Materials by 2.2% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 794,431 shares of the manufacturing equipment provider’s stock worth $115,288,000 after buying an additional 16,839 shares during the last quarter. Whittier Trust Co. of Nevada Inc. grew its holdings in Applied Materials by 30.7% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 6,108 shares of the manufacturing equipment provider’s stock valued at $886,000 after purchasing an additional 1,436 shares during the period. Finally, Kornitzer Capital Management Inc. KS purchased a new stake in Applied Materials in the 1st quarter worth about $776,000. 80.56% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

AMAT has been the topic of a number of analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Applied Materials in a report on Wednesday, October 8th. Wolfe Research decreased their target price on shares of Applied Materials from $230.00 to $200.00 and set an “outperform” rating on the stock in a research report on Friday, August 15th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Applied Materials from $200.00 to $170.00 and set a “hold” rating on the stock in a research note on Friday, August 15th. Summit Insights lowered Applied Materials from a “buy” rating to a “hold” rating in a research note on Friday, August 15th. Finally, Stifel Nicolaus boosted their price objective on shares of Applied Materials from $215.00 to $250.00 and gave the stock a “buy” rating in a research note on Tuesday. Eighteen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Applied Materials currently has an average rating of “Moderate Buy” and an average price target of $212.31.

Applied Materials Price Performance

AMAT stock opened at $223.23 on Friday. The company’s fifty day moving average price is $211.01 and its 200-day moving average price is $186.28. Applied Materials, Inc. has a one year low of $123.74 and a one year high of $242.50. The company has a market capitalization of $177.83 billion, a PE ratio of 26.61, 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.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 earnings per share for the quarter, topping the consensus estimate of $2.11 by $0.06. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. Applied Materials’s revenue for the quarter was down 3.5% on a year-over-year basis. During the same period in the previous year, the firm earned $2.32 EPS. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. On average, equities analysts anticipate that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The company also recently declared 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. The ex-dividend date is Thursday, November 20th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.8%. Applied Materials’s payout ratio is presently 21.93%.

About Applied Materials

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.