Dumont & Blake Investment Advisors LLC Acquires Shares of 3,630 Applied Materials, Inc. $AMAT

Dumont & Blake Investment Advisors LLC bought a new position in Applied Materials, Inc. (NASDAQ:AMAT) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,630 shares of the manufacturing equipment provider’s stock, valued at approximately $743,000.

Other institutional investors have also recently made changes to their positions in the company. Sunflower Bank N.A. lifted its position in Applied Materials by 1.4% in the 3rd quarter. Sunflower Bank N.A. now owns 3,287 shares of the manufacturing equipment provider’s stock valued at $673,000 after acquiring an additional 46 shares in the last quarter. Welch Group LLC lifted its holdings in shares of Applied Materials by 3.0% during the third quarter. Welch Group LLC now owns 1,741 shares of the manufacturing equipment provider’s stock valued at $356,000 after purchasing an additional 50 shares in the last quarter. Shelton Wealth Management LLC lifted its holdings in shares of Applied Materials by 1.5% during the second quarter. Shelton Wealth Management LLC now owns 3,398 shares of the manufacturing equipment provider’s stock valued at $622,000 after purchasing an additional 51 shares in the last quarter. Octavia Wealth Advisors LLC boosted its position in shares of Applied Materials by 0.8% during the second quarter. Octavia Wealth Advisors LLC now owns 6,200 shares of the manufacturing equipment provider’s stock valued at $1,135,000 after buying an additional 51 shares during the last quarter. Finally, Everpar Advisors LLC increased its holdings in Applied Materials by 1.5% in the 3rd quarter. Everpar Advisors LLC now owns 3,359 shares of the manufacturing equipment provider’s stock worth $688,000 after buying an additional 51 shares in the last quarter. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Wall Street Analysts Forecast Growth

AMAT has been the topic of several research analyst reports. BNP Paribas upgraded shares of Applied Materials to a “hold” rating in a research note on Monday, November 17th. 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 research report on Tuesday, November 25th. JPMorgan Chase & Co. lifted their target price on shares of Applied Materials from $220.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, November 14th. Cantor Fitzgerald reiterated an “overweight” rating and set a $350.00 target price on shares of Applied Materials in a research note on Tuesday, December 16th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $250.00 price target on shares of Applied Materials in a research note on Friday, November 14th. Twenty analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $246.78.

Insider Transactions at Applied Materials

In related news, CAO Adam Sanders sold 609 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $255.53, for a total transaction of $155,617.77. Following the completion of the transaction, the chief accounting officer directly owned 4,413 shares in the company, valued at approximately $1,127,653.89. The trade was a 12.13% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Teri A. Little sold 4,000 shares of the stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $238.24, for a total transaction of $952,960.00. Following the completion of the sale, the senior vice president directly owned 84,351 shares of the company’s stock, valued at $20,095,782.24. This represents a 4.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 8,609 shares of company stock valued at $2,044,898. Company insiders own 0.24% of the company’s stock.

Applied Materials Stock Up 0.4%

Shares of AMAT stock opened at $261.90 on Monday. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $276.10. The stock has a market cap of $207.67 billion, a P/E ratio of 30.17, a P/E/G ratio of 2.71 and a beta of 1.67. The company has a current ratio of 2.61, a quick ratio of 1.87 and a debt-to-equity ratio of 0.32. The company has a 50 day simple moving average of $244.27 and a two-hundred day simple moving average of $206.57.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 earnings per share for the quarter, topping the consensus estimate of $2.11 by $0.06. Applied Materials had a net margin of 24.67% and a return on equity of 39.26%. The business had revenue of $6.80 billion for the quarter, compared to analysts’ expectations of $6.68 billion. During the same quarter last year, the company posted $2.32 EPS. The company’s revenue was down 3.5% compared to the same quarter last year. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. On average, research analysts expect that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Thursday, February 19th 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 of this dividend is Thursday, February 19th. Applied Materials’s payout ratio is currently 21.20%.

Applied Materials Profile

Applied Materials, Inc is a U.S.-based supplier of equipment, services and software used to manufacture semiconductor chips, flat panel displays and other advanced materials. Headquartered in Santa Clara, California, the company designs and sells capital equipment and related technologies that enable production of integrated circuits, display panels and materials used across the electronics supply chain.

Applied Materials’ offerings include process equipment and factory software that support critical steps in device fabrication, such as deposition, etch, implantation, inspection and metrology, as well as systems for packaging and advanced heterogeneous integration.