3Chopt Investment Partners LLC Buys 196 Shares of Applied Materials, Inc. $AMAT

3Chopt Investment Partners LLC increased its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 3.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,829 shares of the manufacturing equipment provider’s stock after buying an additional 196 shares during the quarter. 3Chopt Investment Partners LLC’s holdings in Applied Materials were worth $1,067,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Runnymede Capital Advisors Inc. increased its holdings in shares of Applied Materials by 972.2% during the first quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider’s stock valued at $28,000 after acquiring an additional 175 shares in the last quarter. Smallwood Wealth Investment Management LLC acquired a new stake in Applied Materials in the 1st quarter valued at $29,000. Maseco LLP bought a new position in shares of Applied Materials in the second quarter valued at $30,000. Clal Insurance Enterprises Holdings Ltd lifted its stake in shares of Applied Materials by 435.0% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider’s stock valued at $31,000 after buying an additional 174 shares in the last quarter. Finally, Activest Wealth Management lifted its stake in shares of Applied Materials by 5,325.0% in 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. Institutional investors own 80.56% of the company’s stock.

Analysts Set New Price Targets

AMAT has been the topic of a number of analyst reports. Citigroup lowered their target price on shares of Applied Materials from $220.00 to $205.00 and set a “buy” rating on the stock in a report on Friday, August 15th. Wells Fargo & Company boosted their price objective on Applied Materials from $240.00 to $250.00 and gave the stock an “overweight” rating in a report on Wednesday. Evercore ISI reaffirmed an “outperform” rating and set a $209.00 target price on shares of Applied Materials in a research report on Friday, August 15th. Rothschild & Co Redburn cut Applied Materials from a “buy” rating to a “neutral” rating and set a $200.00 target price on the stock. in a research report on Monday, July 7th. Finally, Redburn Atlantic cut Applied Materials from a “strong-buy” rating to a “hold” rating and dropped their price objective for the company from $225.00 to $200.00 in a research note on Monday, July 7th. Seventeen analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Applied Materials currently has an average rating of “Moderate Buy” and a consensus target price of $197.81.

Applied Materials Trading Up 1.3%

NASDAQ:AMAT opened at $220.30 on Friday. 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 capitalization of $175.50 billion, a PE ratio of 26.26, a price-to-earnings-growth ratio of 2.85 and a beta of 1.82. The firm’s 50 day moving average is $182.00 and its 200 day moving average is $171.09. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $226.49.

Applied Materials (NASDAQ:AMAT) last posted its quarterly 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. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The company had revenue of $7.30 billion for the quarter, compared to analysts’ expectations of $7.21 billion. During the same quarter in the previous year, the firm posted $2.12 EPS. Applied Materials’s revenue was up 7.7% on a year-over-year basis. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Sell-side analysts expect that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be paid a dividend of $0.46 per share. The ex-dividend date is Thursday, November 20th. This represents a $1.84 annualized dividend and a dividend yield of 0.8%. Applied Materials’s dividend payout ratio is presently 21.93%.

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.