Steward Partners Investment Advisory LLC Has $22.16 Million Holdings in Applied Materials, Inc. $AMAT

Steward Partners Investment Advisory LLC raised its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 18.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 121,045 shares of the manufacturing equipment provider’s stock after acquiring an additional 19,162 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Applied Materials were worth $22,160,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the stock. Brighton Jones LLC grew its holdings in Applied Materials by 28.0% during the fourth quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock valued at $2,061,000 after purchasing an additional 2,771 shares during the period. Avantax Advisory Services Inc. boosted its position in Applied Materials by 6.3% during the first quarter. Avantax Advisory Services Inc. now owns 41,086 shares of the manufacturing equipment provider’s stock worth $5,962,000 after purchasing an additional 2,425 shares during the period. HB Wealth Management LLC increased its stake in shares of Applied Materials by 9.5% during the first quarter. HB Wealth Management LLC now owns 22,392 shares of the manufacturing equipment provider’s stock worth $3,250,000 after purchasing an additional 1,935 shares during the period. Alteri Wealth LLC raised its stake in Applied Materials by 6.9% in the 1st quarter. Alteri Wealth LLC now owns 1,872 shares of the manufacturing equipment provider’s stock worth $272,000 after purchasing an additional 121 shares in the last quarter. Finally, LPL Financial LLC lifted its position in shares of Applied Materials by 10.8% during the 1st quarter. LPL Financial LLC now owns 706,696 shares of the manufacturing equipment provider’s stock valued at $102,556,000 after acquiring an additional 69,057 shares during the period. 80.56% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on AMAT shares. Daiwa Capital Markets reiterated a “neutral” rating and set a $170.00 price target (down from $185.00) on shares of Applied Materials in a report on Wednesday, August 20th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Applied Materials in a research report on Wednesday, November 19th. Craig Hallum reissued a “hold” rating and set a $190.00 price target on shares of Applied Materials in a research report on Friday, November 14th. Bank of America raised shares of Applied Materials from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $180.00 to $250.00 in a report on Monday, October 13th. Finally, Wolfe Research lowered their price target 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. Twenty research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $228.04.

Insider Buying and Selling at Applied Materials

In other news, SVP Teri A. Little sold 4,000 shares of the stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $234.08, for a total transaction of $936,320.00. Following the completion of the sale, the senior vice president owned 88,351 shares in the company, valued at approximately $20,681,202.08. This represents a 4.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.24% of the company’s stock.

Applied Materials Stock Up 3.1%

Shares of Applied Materials stock opened at $230.91 on Tuesday. The company’s 50 day moving average is $219.60 and its 200 day moving average is $190.42. The company has a market cap of $183.95 billion, a price-to-earnings ratio of 27.52, a price-to-earnings-growth ratio of 2.95 and a beta of 1.84. Applied Materials, Inc. has a twelve month low of $123.74 and a twelve month high of $242.50. The company has a quick ratio of 1.76, a current ratio of 2.50 and a debt-to-equity ratio of 0.28.

Applied Materials (NASDAQ:AMAT) last posted 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 return on equity of 40.96% and a net margin of 23.88%.During the same period in the prior year, the business posted $2.32 earnings per share. The firm’s quarterly revenue was down 3.5% on a year-over-year basis. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. Research analysts anticipate that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be given a dividend of $0.46 per share. 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 dividend payout ratio (DPR) is 21.20%.

Applied Materials 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.