Applied Materials, Inc. $AMAT Shares Bought by Stonebridge Capital Management Inc.

Stonebridge Capital Management Inc. grew its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 3.6% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,305 shares of the manufacturing equipment provider’s stock after purchasing an additional 525 shares during the period. Applied Materials makes up about 1.1% of Stonebridge Capital Management Inc.’s holdings, making the stock its 27th largest holding. Stonebridge Capital Management Inc.’s holdings in Applied Materials were worth $2,802,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Old Port Advisors raised its stake in shares of Applied Materials by 2.5% in the first quarter. Old Port Advisors now owns 2,730 shares of the manufacturing equipment provider’s stock valued at $396,000 after acquiring an additional 66 shares in the last quarter. Silver Oak Securities Incorporated raised its stake in shares of Applied Materials by 4.7% in the first quarter. Silver Oak Securities Incorporated now owns 1,506 shares of the manufacturing equipment provider’s stock valued at $218,000 after acquiring an additional 68 shares in the last quarter. Cromwell Holdings LLC raised its stake in shares of Applied Materials by 2.8% in the first quarter. Cromwell Holdings LLC now owns 2,540 shares of the manufacturing equipment provider’s stock valued at $369,000 after acquiring an additional 69 shares in the last quarter. TCTC Holdings LLC raised its stake in shares of Applied Materials by 7.2% in the first quarter. TCTC Holdings LLC now owns 1,047 shares of the manufacturing equipment provider’s stock valued at $152,000 after acquiring an additional 70 shares in the last quarter. Finally, Hardy Reed LLC raised its stake in shares of Applied Materials by 1.0% in the first quarter. Hardy Reed LLC now owns 7,324 shares of the manufacturing equipment provider’s stock valued at $1,063,000 after acquiring an additional 71 shares in the last quarter. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Applied Materials Stock Performance

NASDAQ:AMAT opened at $167.80 on Friday. The firm has a market capitalization of $133.68 billion, a PE ratio of 20.00, a price-to-earnings-growth ratio of 2.42 and a beta of 1.77. The business’s fifty day moving average price is $177.79 and its 200 day moving average price is $164.72. 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 12 month low of $123.74 and a 12 month high of $215.70.

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

Applied Materials Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be issued a dividend of $0.46 per share. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.1%. Applied Materials’s dividend payout ratio (DPR) is currently 21.93%.

Wall Street Analyst Weigh In

AMAT has been the topic of several analyst reports. JPMorgan Chase & Co. increased their price objective on Applied Materials from $210.00 to $220.00 and gave the company an “overweight” rating in a research note on Friday, August 15th. Daiwa Capital Markets reiterated a “neutral” rating and issued a $170.00 price objective (down from $185.00) on shares of Applied Materials in a research note on Wednesday, August 20th. Wall Street Zen cut Applied Materials from a “buy” rating to a “hold” rating in a research note on Saturday, June 14th. Daiwa America lowered Applied Materials from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 20th. Finally, Evercore ISI reissued an “outperform” rating and issued a $209.00 target price on shares of Applied Materials in a report on Friday, August 15th. Sixteen research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $192.92.

Insider Activity

In related news, CAO Adam Sanders sold 562 shares of the firm’s stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of $178.60, for a total transaction of $100,373.20. Following the transaction, the chief accounting officer owned 5,300 shares of the company’s stock, valued at $946,580. This trade represents a 9.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.24% of the stock is currently owned by corporate insiders.

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.