Mizuho Cuts Applied Materials (NASDAQ:AMAT) Price Target to $205.00

Applied Materials (NASDAQ:AMAT) had its target price cut by Mizuho from $215.00 to $205.00 in a report released on Friday, MarketBeat reports. They currently have a neutral rating on the manufacturing equipment provider’s stock.

AMAT has been the subject of several other research reports. Daiwa America cut Applied Materials from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 20th. B. Riley boosted their target price on shares of Applied Materials from $200.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, October 10th. Wolfe Research cut their price target on shares of Applied Materials from $230.00 to $200.00 and set an “outperform” rating on the stock in a report on Friday, August 15th. Morgan Stanley reaffirmed an “overweight” rating and issued a $256.00 price objective on shares of Applied Materials in a research note on Friday, October 31st. Finally, Barclays increased their target price on shares of Applied Materials from $170.00 to $250.00 and gave the stock an “equal weight” rating in a research report on Monday, October 20th. Nineteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $226.74.

Applied Materials Trading Up 1.2%

Shares of NASDAQ:AMAT opened at $226.01 on Friday. The firm has a fifty day moving average of $212.28 and a two-hundred day moving average of $187.32. 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 has a 12-month low of $123.74 and a 12-month high of $242.50. The firm has a market capitalization of $180.05 billion, a P/E ratio of 26.94, a price-to-earnings-growth ratio of 2.95 and a beta of 1.84.

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 analysts’ consensus estimates of $2.11 by $0.06. The business had revenue of $6.80 billion for the quarter, compared to the consensus estimate of $6.68 billion. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. Applied Materials’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same period in the prior year, the business posted $2.32 earnings per share. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. On average, equities analysts expect that Applied Materials will post 9.38 EPS for the current fiscal 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 paid a $0.46 dividend. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $1.84 annualized dividend and a yield of 0.8%. Applied Materials’s dividend payout ratio is presently 21.20%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Marquette Asset Management LLC increased its position in shares of Applied Materials by 150.0% in 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 in the last quarter. Redmont Wealth Advisors LLC bought a new stake in shares of Applied Materials in the third quarter worth about $26,000. Maseco LLP acquired a new stake in shares of Applied Materials during the second quarter worth about $30,000. Clal Insurance Enterprises Holdings Ltd raised its position in shares of Applied Materials by 435.0% during the first 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 holdings in shares of Applied Materials by 5,325.0% during the 1st quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider’s stock valued at $31,000 after purchasing an additional 213 shares in the last quarter. Institutional investors own 80.56% of the company’s stock.

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.