Applied Materials, Inc. $AMAT Shares Sold by Eagle Strategies LLC

Eagle Strategies LLC decreased its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 2.8% during the 2nd quarter, Holdings Channel reports. The firm owned 2,082 shares of the manufacturing equipment provider’s stock after selling 61 shares during the quarter. Eagle Strategies LLC’s holdings in Applied Materials were worth $381,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Maseco LLP acquired a new stake in shares of Applied Materials in the second quarter valued at about $30,000. Runnymede Capital Advisors Inc. grew its position in shares of Applied Materials by 972.2% in the first quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider’s stock valued at $28,000 after purchasing an additional 175 shares during the period. Smallwood Wealth Investment Management LLC acquired a new stake in shares of Applied Materials in the first quarter valued at about $29,000. Clal Insurance Enterprises Holdings Ltd grew its position 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 purchasing an additional 174 shares during the period. Finally, Activest Wealth Management grew its position 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 purchasing an additional 213 shares during the period. Institutional investors and hedge funds own 80.56% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on AMAT. The Goldman Sachs Group lifted their target price on shares of Applied Materials from $215.00 to $250.00 and gave the company a “buy” rating in a research report on Thursday. JPMorgan Chase & Co. boosted their price target on shares of Applied Materials from $210.00 to $220.00 and gave the stock an “overweight” rating in a research report on Friday, August 15th. Wells Fargo & Company boosted their price target on shares of Applied Materials from $240.00 to $250.00 and gave the stock an “overweight” rating in a research report on Wednesday. Daiwa Capital Markets restated a “neutral” rating and set a $170.00 price target (down from $185.00) on shares of Applied Materials in a research report on Wednesday, August 20th. Finally, Redburn Atlantic lowered shares of Applied Materials from a “strong-buy” rating to a “hold” rating and lowered their price target for the stock from $225.00 to $200.00 in a research report on Monday, July 7th. Seventeen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $197.81.

Applied Materials Price Performance

Shares of AMAT stock opened at $220.30 on Friday. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.50 and a quick ratio of 1.76. The firm’s 50-day moving average is $182.00 and its two-hundred 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. The company 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.

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. 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 the consensus estimate of $7.21 billion. During the same period in the previous year, the firm earned $2.12 earnings per share. Applied Materials’s quarterly revenue was up 7.7% compared to the same quarter last year. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Analysts predict that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be paid 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 yield of 0.8%. Applied Materials’s payout ratio is 21.93%.

Applied Materials 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.