11,361 Shares in Applied Materials, Inc. $AMAT Bought by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. purchased a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) during the second quarter, HoldingsChannel reports. The fund purchased 11,361 shares of the manufacturing equipment provider’s stock, valued at approximately $2,080,000.

Other large investors have also made changes to their positions in the company. IFG Advisory LLC grew its position in Applied Materials by 1,008.1% in the second quarter. IFG Advisory LLC now owns 36,156 shares of the manufacturing equipment provider’s stock worth $6,619,000 after acquiring an additional 32,893 shares in the last quarter. Atlantic Union Bankshares Corp raised its position in Applied Materials by 23.0% during the second quarter. Atlantic Union Bankshares Corp now owns 12,643 shares of the manufacturing equipment provider’s stock valued at $2,315,000 after purchasing an additional 2,363 shares during the period. Sienna Gestion lifted its stake in shares of Applied Materials by 10.2% in the 2nd quarter. Sienna Gestion now owns 113,221 shares of the manufacturing equipment provider’s stock valued at $18,924,000 after purchasing an additional 10,468 shares during the last quarter. Achmea Investment Management B.V. boosted its holdings in shares of Applied Materials by 7.6% in the 2nd quarter. Achmea Investment Management B.V. now owns 501,587 shares of the manufacturing equipment provider’s stock worth $91,826,000 after purchasing an additional 35,437 shares during the period. Finally, Oppenheimer Asset Management Inc. boosted its holdings in shares of Applied Materials by 9.5% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 77,178 shares of the manufacturing equipment provider’s stock worth $14,129,000 after purchasing an additional 6,704 shares during the period. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

Applied Materials Trading Down 1.5%

Shares of AMAT opened at $230.07 on Monday. The firm has a market capitalization of $183.28 billion, a price-to-earnings ratio of 27.42, a PEG ratio of 2.95 and a beta of 1.84. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.50 and a quick ratio of 1.76. Applied Materials, Inc. has a 1-year low of $123.74 and a 1-year high of $242.50. The company has a 50-day moving average of $205.31 and a 200 day moving average of $184.56.

Applied Materials (NASDAQ:AMAT) last issued its earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 EPS for the quarter, topping analysts’ consensus estimates of $2.36 by $0.12. The business had revenue of $7.30 billion for the quarter, compared to the consensus estimate of $7.21 billion. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The company’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, research analysts expect that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Dividend Announcement

The company also recently disclosed 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 0.8%. The ex-dividend date is Thursday, November 20th. Applied Materials’s dividend payout ratio (DPR) is presently 21.93%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on AMAT shares. DZ Bank lowered Applied Materials from a “hold” rating to a “sell” rating and set a $150.00 price target on the stock. in a report on Friday, August 15th. Bank of America raised shares of Applied Materials from a “neutral” rating to a “buy” rating and increased their target price for the company from $180.00 to $250.00 in a research note on Monday, October 13th. Barclays raised their target price on shares of Applied Materials from $170.00 to $250.00 and gave the stock an “equal weight” rating in a report on Monday, October 20th. B. Riley upped their price target on shares of Applied Materials from $200.00 to $265.00 and gave the company a “buy” rating in a report on Friday, October 10th. Finally, Cfra Research raised shares of Applied Materials to a “hold” rating in a research note on Friday, August 15th. Eighteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Applied Materials currently has a consensus rating of “Moderate Buy” and an average target price of $210.96.

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.