Beacon Investment Advisory Services Inc. Sells 4,321 Shares of Applied Materials, Inc. $AMAT

Beacon Investment Advisory Services Inc. decreased its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 3.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 115,002 shares of the manufacturing equipment provider’s stock after selling 4,321 shares during the period. Beacon Investment Advisory Services Inc.’s holdings in Applied Materials were worth $21,053,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of AMAT. Runnymede Capital Advisors Inc. lifted its position in 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 during the last quarter. Smallwood Wealth Investment Management LLC purchased a new stake in Applied Materials during the first quarter valued at approximately $29,000. Maseco LLP purchased a new stake in Applied Materials during the second quarter valued at approximately $30,000. Clal Insurance Enterprises Holdings Ltd lifted its position in Applied Materials by 435.0% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider’s stock valued at $31,000 after acquiring an additional 174 shares during the last quarter. Finally, Activest Wealth Management lifted its position in Applied Materials by 5,325.0% during the first quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider’s stock valued at $31,000 after acquiring an additional 213 shares during the last quarter. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Analyst Upgrades and Downgrades

AMAT has been the subject of a number of analyst reports. Daiwa America cut shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 20th. Citigroup decreased their price target on shares of Applied Materials from $220.00 to $205.00 and set a “buy” rating for the company in a report on Friday, August 15th. DZ Bank cut shares of Applied Materials from a “hold” rating to a “sell” rating and set a $150.00 price target for the company. in a report on Friday, August 15th. Barclays raised their price target on shares of Applied Materials from $160.00 to $170.00 and gave the stock an “equal weight” rating in a report on Monday, July 28th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of Applied Materials from $200.00 to $170.00 and set a “hold” rating for the company in a report on Friday, August 15th. Seventeen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Applied Materials has a consensus rating of “Moderate Buy” and an average target price of $194.15.

Applied Materials Stock Up 0.3%

AMAT opened at $201.44 on Thursday. Applied Materials, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $215.70. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.76 and a current ratio of 2.50. The company has a fifty day moving average of $176.53 and a two-hundred day moving average of $166.47. The stock has a market capitalization of $160.48 billion, a price-to-earnings ratio of 24.01, a PEG ratio of 2.86 and a beta of 1.77.

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 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 during the quarter, compared to analysts’ expectations of $7.21 billion. During the same quarter in the previous year, the company earned $2.12 earnings per share. The firm’s revenue for the quarter was up 7.7% on a year-over-year basis. 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 earnings per share for the current year.

Applied Materials Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be given a $0.46 dividend. The ex-dividend date is Thursday, November 20th. This represents a $1.84 annualized dividend and a dividend yield of 0.9%. Applied Materials’s dividend payout ratio (DPR) is 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.