Applied Materials, Inc. $AMAT Stake Boosted by Western Wealth Management LLC

Western Wealth Management LLC increased its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 13.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,243 shares of the manufacturing equipment provider’s stock after acquiring an additional 508 shares during the period. Western Wealth Management LLC’s holdings in Applied Materials were worth $777,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Geode Capital Management LLC raised its stake in shares of Applied Materials by 2.0% during the 2nd quarter. Geode Capital Management LLC now owns 21,026,363 shares of the manufacturing equipment provider’s stock worth $3,836,807,000 after purchasing an additional 407,282 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in Applied Materials by 3.8% in the second quarter. Bank of New York Mellon Corp now owns 7,951,691 shares of the manufacturing equipment provider’s stock worth $1,455,716,000 after buying an additional 291,358 shares during the last quarter. Ameriprise Financial Inc. raised its position in Applied Materials by 23.6% during the first quarter. Ameriprise Financial Inc. now owns 7,860,838 shares of the manufacturing equipment provider’s stock valued at $1,140,836,000 after acquiring an additional 1,502,995 shares in the last quarter. Sanders Capital LLC acquired a new stake in Applied Materials in the second quarter valued at approximately $1,409,320,000. Finally, Amundi lifted its stake in Applied Materials by 15.8% in the first quarter. Amundi now owns 7,656,034 shares of the manufacturing equipment provider’s stock valued at $1,038,504,000 after acquiring an additional 1,046,635 shares during the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on AMAT shares. KeyCorp increased their price target on shares of Applied Materials from $220.00 to $240.00 and gave the stock an “overweight” rating in a research note on Friday, October 10th. Craig Hallum reiterated a “hold” rating and issued a $190.00 price objective on shares of Applied Materials in a report on Friday. Cowen reissued a “buy” rating on shares of Applied Materials in a research report on Friday. DZ Bank upgraded Applied Materials from a “strong sell” rating to a “hold” rating in a report on Friday. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $300.00 price target on shares of Applied Materials in a research note on Friday. Nineteen equities research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $226.74.

Applied Materials Stock Up 1.2%

Applied Materials stock opened at $228.71 on Tuesday. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.50 and a quick ratio of 1.76. Applied Materials, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $242.50. The firm has a fifty day moving average price of $213.61 and a two-hundred day moving average price of $187.88. The firm has a market cap of $182.20 billion, a price-to-earnings ratio of 27.26, 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, November 13th. The manufacturing equipment provider reported $2.17 earnings per share (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 company had revenue of $6.80 billion for the quarter, compared to the consensus estimate of $6.68 billion. During the same period last year, the business posted $2.32 earnings per share. The firm’s 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. As a group, analysts forecast that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be given a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, November 20th. Applied Materials’s payout ratio is currently 21.20%.

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.