WealthShield Partners LLC Invests $293,000 in Applied Materials, Inc. $AMAT

WealthShield Partners LLC acquired a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 1,599 shares of the manufacturing equipment provider’s stock, valued at approximately $293,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in shares of Applied Materials by 28.0% in the 4th quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock valued at $2,061,000 after acquiring an additional 2,771 shares during the last quarter. Formidable Asset Management LLC grew its holdings in Applied Materials by 3.7% during the first quarter. Formidable Asset Management LLC now owns 5,294 shares of the manufacturing equipment provider’s stock valued at $768,000 after purchasing an additional 190 shares during the period. OneAscent Financial Services LLC bought a new stake in Applied Materials in the first quarter valued at approximately $422,000. IFP Advisors Inc increased its stake in Applied Materials by 32.5% in the first quarter. IFP Advisors Inc now owns 25,999 shares of the manufacturing equipment provider’s stock valued at $3,774,000 after purchasing an additional 6,370 shares in the last quarter. Finally, Atlantic Union Bankshares Corp raised its holdings in Applied Materials by 1.2% in the first quarter. Atlantic Union Bankshares Corp now owns 10,280 shares of the manufacturing equipment provider’s stock worth $1,492,000 after purchasing an additional 123 shares during the period. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Stock Up 0.4%

AMAT stock opened at $224.08 on Monday. 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 $178.51 billion, a P/E ratio of 26.94, a P/E/G ratio of 2.95 and a beta of 1.84. Applied Materials, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $242.50. The business has a 50-day moving average of $212.28 and a 200-day moving average of $187.32.

Applied Materials (NASDAQ:AMAT) last released its earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 EPS for the quarter, beating the consensus estimate of $2.11 by $0.06. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The firm had revenue of $6.80 billion for the quarter, compared to analysts’ expectations of $6.68 billion. During the same quarter in the previous year, the business posted $2.32 EPS. The business’s quarterly revenue was down 3.5% compared to the same quarter last year. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. On average, sell-side analysts anticipate that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be issued a dividend of $0.46 per share. The ex-dividend date is Thursday, November 20th. This represents a $1.84 annualized dividend and a yield of 0.8%. Applied Materials’s dividend payout ratio is presently 21.20%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on AMAT. Wolfe Research decreased their price target on shares of Applied Materials from $230.00 to $200.00 and set an “outperform” rating for the company in a report on Friday, August 15th. Weiss Ratings reissued a “hold (c+)” rating on shares of Applied Materials in a research note on Thursday. Wells Fargo & Company increased their price target on Applied Materials from $250.00 to $255.00 and gave the stock an “overweight” rating in a report on Friday. JPMorgan Chase & Co. lifted their price objective on Applied Materials from $220.00 to $260.00 and gave the company an “overweight” rating in a report on Friday. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $250.00 price objective on shares of Applied Materials in a research report on Friday. Nineteen investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $226.74.

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.