Applied Materials, Inc. $AMAT Shares Acquired by AE Wealth Management LLC

AE Wealth Management LLC increased its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 24.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 180,814 shares of the manufacturing equipment provider’s stock after acquiring an additional 35,762 shares during the period. AE Wealth Management LLC’s holdings in Applied Materials were worth $33,102,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Penserra Capital Management LLC boosted its position in Applied Materials by 16.9% in the 2nd quarter. Penserra Capital Management LLC now owns 116,381 shares of the manufacturing equipment provider’s stock worth $21,304,000 after purchasing an additional 16,789 shares in the last quarter. Rovin Capital UT ADV acquired a new position in shares of Applied Materials in the 2nd quarter valued at $423,000. Cornerstone Investment Partners LLC boosted its holdings in Applied Materials by 15.2% during the second quarter. Cornerstone Investment Partners LLC now owns 345,494 shares of the manufacturing equipment provider’s stock worth $63,250,000 after buying an additional 45,474 shares in the last quarter. Harvest Portfolios Group Inc. grew its position in Applied Materials by 6.2% during the second quarter. Harvest Portfolios Group Inc. now owns 152,349 shares of the manufacturing equipment provider’s stock valued at $27,891,000 after buying an additional 8,846 shares during the period. Finally, Vestmark Advisory Solutions Inc. acquired a new stake in Applied Materials during the second quarter valued at $2,080,000. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

AMAT has been the subject of several recent analyst reports. Mizuho lifted their price target on Applied Materials from $175.00 to $215.00 and gave the company a “neutral” rating in a research note on Thursday, October 16th. TD Cowen dropped their price objective on Applied Materials from $220.00 to $200.00 and set a “buy” rating on the stock in a report on Friday, August 15th. Wolfe Research reduced their target price on Applied Materials from $230.00 to $200.00 and set an “outperform” rating for the company in a research note on Friday, August 15th. JPMorgan Chase & Co. increased their target price on Applied Materials from $210.00 to $220.00 and gave the company an “overweight” rating in a research report on Friday, August 15th. Finally, Summit Insights lowered shares of Applied Materials from a “buy” rating to a “hold” rating in a report on Friday, August 15th. Eighteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Applied Materials currently has a consensus rating of “Moderate Buy” and a consensus price target of $210.96.

Applied Materials Price Performance

AMAT stock opened at $230.07 on Friday. Applied Materials, Inc. has a 1 year low of $123.74 and a 1 year high of $242.50. 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 firm has a market capitalization of $183.28 billion, a PE ratio of 27.42, a price-to-earnings-growth ratio of 2.95 and a beta of 1.84. The business has a 50 day simple moving average of $205.31 and a 200-day simple moving average of $183.96.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 EPS for the quarter, topping analysts’ consensus estimates of $2.36 by $0.12. The firm had revenue of $7.30 billion for the quarter, compared to the consensus estimate of $7.21 billion. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The firm’s revenue was up 7.7% compared to the same quarter last year. During the same quarter last year, the business posted $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Equities research analysts anticipate that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be issued a $0.46 dividend. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.8%. Applied Materials’s dividend payout ratio is currently 21.93%.

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.