Arbor Trust Wealth Advisors LLC lowered its stake in Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 4.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,521 shares of the manufacturing equipment provider’s stock after selling 250 shares during the period. Arbor Trust Wealth Advisors LLC’s holdings in Applied Materials were worth $1,011,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of the stock. Maseco LLP purchased a new position in Applied Materials during the 2nd quarter worth $30,000. Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of 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 acquiring an additional 174 shares in the last quarter. Activest Wealth Management increased its stake in shares of Applied Materials by 5,325.0% during the first quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider’s stock worth $31,000 after acquiring an additional 213 shares during the period. Disciplina Capital Management LLC raised its holdings in 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 purchasing an additional 130 shares in the last quarter. Finally, Greenline Partners LLC purchased a new position in Applied Materials during the first quarter worth about $39,000. Hedge funds and other institutional investors own 80.56% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on AMAT. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Applied Materials in a report on Wednesday, October 8th. Citigroup decreased their price target on Applied Materials from $220.00 to $205.00 and set a “buy” rating on the stock in a research note on Friday, August 15th. UBS Group dropped their price objective on Applied Materials from $185.00 to $180.00 and set a “neutral” rating on the stock in a report on Friday, August 15th. Mizuho raised their target price on Applied Materials from $175.00 to $215.00 and gave the company a “neutral” rating in a report on Thursday, October 16th. Finally, DZ Bank lowered shares of Applied Materials from a “hold” rating to a “sell” rating and set a $150.00 target price on the stock. in a research report on Friday, August 15th. Eighteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Applied Materials currently has an average rating of “Moderate Buy” and a consensus target price of $210.96.
Applied Materials Stock Down 1.5%
AMAT stock opened at $230.07 on Friday. 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 company’s 50 day simple moving average is $205.31 and its 200-day simple moving average is $184.28. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $242.50. The firm has a market capitalization of $183.28 billion, a PE ratio of 27.42, a P/E/G ratio of 2.95 and a beta of 1.84.
Applied Materials (NASDAQ:AMAT – Get Free Report) last issued its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.36 by $0.12. The firm had revenue of $7.30 billion during 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 company’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Equities analysts expect that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.
Applied Materials Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be given a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Thursday, November 20th. Applied Materials’s dividend payout ratio is currently 21.93%.
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.
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