Belpointe Asset Management LLC Raises Position in Applied Materials, Inc. $AMAT

Belpointe Asset Management LLC raised its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 19.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,035 shares of the manufacturing equipment provider’s stock after purchasing an additional 831 shares during the quarter. Belpointe Asset Management LLC’s holdings in Applied Materials were worth $922,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of AMAT. Brighton Jones LLC raised its stake in shares of Applied Materials by 28.0% in the fourth quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock worth $2,061,000 after purchasing an additional 2,771 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Applied Materials by 27.5% during the first quarter. GAMMA Investing LLC now owns 12,571 shares of the manufacturing equipment provider’s stock valued at $1,824,000 after acquiring an additional 2,711 shares during the last quarter. Simplicity Wealth LLC purchased a new stake in shares of Applied Materials during the first quarter valued at approximately $351,000. Integrated Advisors Network LLC increased its position in shares of Applied Materials by 37.2% during the first quarter. Integrated Advisors Network LLC now owns 10,385 shares of the manufacturing equipment provider’s stock valued at $1,507,000 after acquiring an additional 2,814 shares during the last quarter. Finally, Assenagon Asset Management S.A. increased its position in shares of Applied Materials by 5.4% during the first quarter. Assenagon Asset Management S.A. now owns 1,849,953 shares of the manufacturing equipment provider’s stock valued at $268,465,000 after acquiring an additional 94,861 shares during the last quarter. 80.56% of the stock is owned by hedge funds and other institutional investors.

Applied Materials Price Performance

Shares of NASDAQ AMAT opened at $217.51 on Thursday. The stock has a fifty day simple moving average of $181.20 and a two-hundred day simple moving average of $170.63. Applied Materials, Inc. has a 1-year low of $123.74 and a 1-year high of $226.49. The firm has a market cap of $173.28 billion, a price-to-earnings ratio of 25.92, a price-to-earnings-growth ratio of 2.77 and a beta of 1.82. The company has a current ratio of 2.50, a quick ratio of 1.76 and a debt-to-equity ratio of 0.28.

Applied Materials (NASDAQ:AMAT) last announced 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. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The business had revenue of $7.30 billion during the quarter, compared to analyst estimates of $7.21 billion. During the same period in the prior year, the company earned $2.12 earnings per share. Applied Materials’s 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 anticipate that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of analysts recently commented on AMAT shares. Wolfe Research decreased their price target on Applied Materials from $230.00 to $200.00 and set an “outperform” rating for the company in a research report on Friday, August 15th. Evercore ISI reaffirmed an “outperform” rating and set a $209.00 price target on shares of Applied Materials in a research report on Friday, August 15th. The Goldman Sachs Group started coverage on Applied Materials in a research report on Thursday, July 10th. They set a “buy” rating and a $225.00 price target for the company. KeyCorp increased their price target on Applied Materials from $200.00 to $220.00 and gave the company an “overweight” rating in a research report on Tuesday, September 23rd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Applied Materials in a research report on Wednesday. Seventeen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Applied Materials currently has a consensus rating of “Moderate Buy” and a consensus target price of $196.85.

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.