Applied Materials’ (AMAT) Hold Rating Reiterated at Craig Hallum

Craig Hallum restated their hold rating on shares of Applied Materials (NASDAQ:AMAT) in a report issued on Friday morning, Marketbeat reports. Craig Hallum currently has a $190.00 target price on the manufacturing equipment provider’s stock.

AMAT has been the topic of a number of other reports. Stifel Nicolaus raised their price target on Applied Materials from $215.00 to $250.00 and gave the company a “buy” rating in a report on Tuesday, November 11th. Summit Insights cut shares of Applied Materials from a “buy” rating to a “hold” rating in a research note on Friday, August 15th. Daiwa Capital Markets restated a “neutral” rating and set a $170.00 price target (down previously from $185.00) on shares of Applied Materials in a report on Wednesday, August 20th. KeyCorp boosted their target price on Applied Materials from $220.00 to $240.00 and gave the company an “overweight” rating in a research report on Friday, October 10th. Finally, JPMorgan Chase & Co. raised their price target on shares of Applied Materials from $210.00 to $220.00 and gave the stock an “overweight” rating in a research note on Friday, August 15th. Nineteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Applied Materials currently has a consensus rating of “Moderate Buy” and a consensus target price of $226.74.

Applied Materials Stock Up 1.2%

Shares of AMAT stock opened at $226.01 on Friday. Applied Materials has a 12 month low of $123.74 and a 12 month high of $242.50. The company has a 50 day simple moving average of $212.28 and a two-hundred day simple moving average of $187.32. The company has a current ratio of 2.50, a quick ratio of 1.76 and a debt-to-equity ratio of 0.28. The stock has a market cap of $180.05 billion, a P/E ratio of 26.94, a P/E/G ratio of 2.95 and a beta of 1.84.

Applied Materials (NASDAQ:AMAT) last released its earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 earnings per share for the quarter, beating the consensus estimate of $2.11 by $0.06. The company had revenue of $6.80 billion for the quarter, compared to the consensus estimate of $6.68 billion. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.Applied Materials’s quarterly revenue was down 3.5% compared to the same quarter last year. During the same period in the previous year, the business earned $2.32 earnings per share. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. On average, research analysts expect that Applied Materials will post 9.38 earnings per share for the current year.

Applied Materials Announces Dividend

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 paid a $0.46 dividend. 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 presently 21.20%.

Institutional Trading of Applied Materials

Several institutional investors and hedge funds have recently modified their holdings of the business. Marquette Asset Management LLC grew its holdings in Applied Materials by 150.0% during the 3rd quarter. Marquette Asset Management LLC now owns 125 shares of the manufacturing equipment provider’s stock valued at $26,000 after buying an additional 75 shares during the last quarter. Redmont Wealth Advisors LLC acquired a new position in Applied Materials during the third quarter worth approximately $26,000. Maseco LLP acquired a new stake in shares of Applied Materials during the 2nd quarter worth $30,000. Clal Insurance Enterprises Holdings Ltd raised its holdings in shares of Applied Materials by 435.0% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider’s stock worth $31,000 after purchasing an additional 174 shares during the period. Finally, Activest Wealth Management lifted its position in Applied Materials by 5,325.0% during 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 in the last quarter. Hedge funds and other institutional investors own 80.56% of the company’s stock.

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.