Bank Hapoalim BM Acquires 889 Shares of Applied Materials, Inc. $AMAT

Bank Hapoalim BM increased its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 29.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,870 shares of the manufacturing equipment provider’s stock after purchasing an additional 889 shares during the period. Bank Hapoalim BM’s holdings in Applied Materials were worth $708,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Avity Investment Management Inc. boosted its stake in Applied Materials by 4.1% during the second quarter. Avity Investment Management Inc. now owns 220,835 shares of the manufacturing equipment provider’s stock worth $40,428,000 after buying an additional 8,680 shares during the period. Leonard Rickey Investment Advisors P.L.L.C. purchased a new position in Applied Materials during the first quarter worth $230,000. Generali Investments Towarzystwo Funduszy Inwestycyjnych boosted its stake in Applied Materials by 12.7% during the first quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 26,650 shares of the manufacturing equipment provider’s stock worth $3,867,000 after buying an additional 3,000 shares during the period. Redwood Investment Management LLC boosted its stake in Applied Materials by 311.2% during the first quarter. Redwood Investment Management LLC now owns 12,924 shares of the manufacturing equipment provider’s stock worth $1,876,000 after buying an additional 9,781 shares during the period. Finally, Gallacher Capital Management LLC purchased a new position in Applied Materials during the second quarter worth $410,000. Institutional investors own 80.56% of the company’s stock.

Analyst Ratings Changes

AMAT has been the subject of several recent analyst reports. Citigroup dropped their price objective on shares of Applied Materials from $220.00 to $205.00 and set a “buy” rating for the company in a research note on Friday, August 15th. DZ Bank lowered shares of Applied Materials from a “hold” rating to a “sell” rating and set a $150.00 price objective for the company. in a research note on Friday, August 15th. Daiwa America lowered shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 20th. Bank of America reaffirmed a “neutral” rating and set a $180.00 price objective (down from $190.00) on shares of Applied Materials in a research note on Friday, August 15th. Finally, UBS Group lowered their target price on shares of Applied Materials from $185.00 to $180.00 and set a “neutral” rating for the company in a research note on Friday, August 15th. Seventeen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $195.12.

Applied Materials Stock Performance

AMAT stock opened at $217.53 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 business has a 50-day moving average price of $179.50 and a 200 day moving average price of $169.31. The company has a market capitalization of $173.29 billion, a P/E ratio of 25.93, a PEG ratio of 2.93 and a beta of 1.82. Applied Materials, Inc. has a 1-year low of $123.74 and a 1-year high of $226.41.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share for the quarter, beating the consensus estimate of $2.36 by $0.12. The firm had revenue of $7.30 billion during the quarter, compared to the consensus estimate of $7.21 billion. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The firm’s quarterly revenue was up 7.7% on a year-over-year basis. During the same period in the previous year, the company posted $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, equities research analysts forecast that Applied Materials, Inc. will post 9.38 EPS for the current fiscal 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 issued a $0.46 dividend. The ex-dividend date 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 currently 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.