Boston Family Office LLC Buys 1,420 Shares of Applied Materials, Inc. $AMAT

Boston Family Office LLC increased its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 20.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,516 shares of the manufacturing equipment provider’s stock after purchasing an additional 1,420 shares during the period. Boston Family Office LLC’s holdings in Applied Materials were worth $1,559,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Geode Capital Management LLC lifted its stake in shares of Applied Materials by 2.0% during the second quarter. Geode Capital Management LLC now owns 21,026,363 shares of the manufacturing equipment provider’s stock valued at $3,836,807,000 after acquiring an additional 407,282 shares during the period. Norges Bank bought a new stake in Applied Materials during the 2nd quarter worth about $1,604,002,000. Bank of New York Mellon Corp lifted its position in Applied Materials by 3.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 7,951,691 shares of the manufacturing equipment provider’s stock valued at $1,455,716,000 after purchasing an additional 291,358 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of Applied Materials by 23.6% in the 1st quarter. Ameriprise Financial Inc. now owns 7,860,838 shares of the manufacturing equipment provider’s stock valued at $1,140,836,000 after purchasing an additional 1,502,995 shares during the last quarter. Finally, Sanders Capital LLC bought a new position in shares of Applied Materials in the 2nd quarter valued at about $1,409,320,000. 80.56% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on AMAT. UBS Group upgraded shares of Applied Materials from a “neutral” rating to a “buy” rating and increased their price objective for the company from $250.00 to $285.00 in a report on Tuesday, November 25th. B. Riley reissued a “buy” rating and issued a $270.00 price target (up previously from $265.00) on shares of Applied Materials in a research note on Friday, November 14th. Evercore ISI restated an “outperform” rating and issued a $290.00 price target on shares of Applied Materials in a research report on Friday, November 14th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $250.00 price objective on shares of Applied Materials in a report on Friday, November 14th. Finally, Stifel Nicolaus raised their target price on Applied Materials from $215.00 to $250.00 and gave the stock a “buy” rating in a report on Tuesday, November 11th. Twenty analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Applied Materials currently has an average rating of “Moderate Buy” and a consensus price target of $228.04.

Insiders Place Their Bets

In other news, SVP Teri A. Little sold 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $238.24, for a total value of $952,960.00. Following the completion of the transaction, the senior vice president owned 84,351 shares in the company, valued at $20,095,782.24. This represents a 4.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.24% of the company’s stock.

Applied Materials Stock Performance

Shares of Applied Materials stock opened at $254.75 on Tuesday. The stock’s fifty day simple moving average is $225.94 and its 200 day simple moving average is $193.26. 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 company has a market capitalization of $202.94 billion, a PE ratio of 30.36, a PEG ratio of 2.95 and a beta of 1.84. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $255.79.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.11 by $0.06. The company had revenue of $6.80 billion during 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%.The company’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 company earned $2.32 earnings per share. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. On average, research analysts predict that Applied Materials, Inc. will post 9.38 EPS for the current 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 issued a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 0.7%. The ex-dividend date is Thursday, November 20th. Applied Materials’s dividend payout ratio (DPR) is 21.20%.

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.