Applied Materials, Inc. $AMAT Shares Bought by United Advisor Group LLC

United Advisor Group LLC lifted its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 12.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,134 shares of the manufacturing equipment provider’s stock after buying an additional 233 shares during the quarter. United Advisor Group LLC’s holdings in Applied Materials were worth $391,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Shelton Wealth Management LLC grew its holdings in Applied Materials by 1.5% during the 2nd quarter. Shelton Wealth Management LLC now owns 3,398 shares of the manufacturing equipment provider’s stock worth $622,000 after acquiring an additional 51 shares in the last quarter. Octavia Wealth Advisors LLC raised its holdings in shares of Applied Materials by 0.8% in the 2nd quarter. Octavia Wealth Advisors LLC now owns 6,200 shares of the manufacturing equipment provider’s stock valued at $1,135,000 after purchasing an additional 51 shares in the last quarter. Narus Financial Partners LLC lifted its position in shares of Applied Materials by 3.8% during the 2nd quarter. Narus Financial Partners LLC now owns 1,433 shares of the manufacturing equipment provider’s stock worth $262,000 after purchasing an additional 52 shares during the last quarter. AdvisorNet Financial Inc grew its stake in shares of Applied Materials by 2.7% during the second quarter. AdvisorNet Financial Inc now owns 1,958 shares of the manufacturing equipment provider’s stock worth $358,000 after purchasing an additional 52 shares in the last quarter. Finally, Encompass Wealth Advisors LLC increased its holdings in Applied Materials by 3.4% in the second quarter. Encompass Wealth Advisors LLC now owns 1,601 shares of the manufacturing equipment provider’s stock valued at $293,000 after buying an additional 53 shares during the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have issued reports on AMAT shares. TD Cowen decreased their price target on Applied Materials from $220.00 to $200.00 and set a “buy” rating for the company in a report on Friday, August 15th. Bank of America raised Applied Materials from a “neutral” rating to a “buy” rating and raised their target price for the stock from $180.00 to $250.00 in a research report on Monday, October 13th. Mizuho decreased their target price on Applied Materials from $215.00 to $205.00 and set a “neutral” rating for the company in a research note on Friday, November 14th. B. Riley reiterated a “buy” rating and issued a $270.00 price target (up from $265.00) on shares of Applied Materials in a research note on Friday, November 14th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Applied Materials in a report on Thursday, November 13th. Nineteen equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. According to MarketBeat, Applied Materials presently has a consensus rating of “Moderate Buy” and an average target price of $226.74.

Applied Materials Price Performance

Shares of NASDAQ AMAT opened at $225.12 on Wednesday. The stock has a market cap of $179.34 billion, a P/E ratio of 26.83, a P/E/G 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 stock has a 50 day moving average of $214.84 and a two-hundred day moving average of $188.37. The company has a current ratio of 2.50, a quick ratio of 1.76 and a debt-to-equity ratio of 0.28.

Applied Materials (NASDAQ:AMAT) last announced its earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 EPS for the quarter, beating analysts’ consensus estimates of $2.11 by $0.06. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. During the same period in the previous year, the business posted $2.32 EPS. 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. On average, research analysts forecast that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Announces Dividend

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