Managed Asset Portfolios LLC Acquires 964 Shares of Applied Materials, Inc. $AMAT

Managed Asset Portfolios LLC raised its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 1.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 87,272 shares of the manufacturing equipment provider’s stock after acquiring an additional 964 shares during the period. Applied Materials comprises about 2.1% of Managed Asset Portfolios LLC’s investment portfolio, making the stock its 25th largest holding. Managed Asset Portfolios LLC’s holdings in Applied Materials were worth $15,977,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of AMAT. Maseco LLP bought a new stake in Applied Materials during the 2nd quarter worth approximately $30,000. Clal Insurance Enterprises Holdings Ltd lifted its stake in Applied Materials by 435.0% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider’s stock valued at $31,000 after buying an additional 174 shares in the last quarter. Activest Wealth Management boosted its holdings in shares of Applied Materials by 5,325.0% in the first 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 period. Financial Gravity Companies Inc. bought a new stake in shares of Applied Materials during the second quarter worth $31,000. Finally, Disciplina Capital Management LLC increased its position in shares of Applied Materials by 91.5% during the first quarter. Disciplina Capital Management LLC now owns 272 shares of the manufacturing equipment provider’s stock worth $39,000 after acquiring an additional 130 shares in the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Price Performance

Shares of NASDAQ AMAT opened at $225.12 on Wednesday. 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 business has a 50-day moving average of $214.84 and a 200-day moving average of $188.37. The stock has a market capitalization of $179.34 billion, a price-to-earnings ratio of 26.83, a PEG 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.

Applied Materials (NASDAQ:AMAT) last released its earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 earnings per share (EPS) for the quarter, topping 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’s quarterly revenue was down 3.5% on a year-over-year basis. During the same quarter last year, the firm earned $2.32 EPS. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. As a group, sell-side analysts predict that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $250.00 price objective on shares of Applied Materials in a research report on Friday. Evercore ISI restated an “outperform” rating and issued a $290.00 price target on shares of Applied Materials in a report on Friday. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $300.00 price objective on shares of Applied Materials in a research report on Friday. Summit Insights downgraded Applied Materials from a “buy” rating to a “hold” rating in a report on Friday, August 15th. Finally, Daiwa America cut Applied Materials from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 20th. Nineteen analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus 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.