Centurion Wealth Management LLC Makes New $235,000 Investment in Applied Materials, Inc. $AMAT

Centurion Wealth Management LLC purchased a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,282 shares of the manufacturing equipment provider’s stock, valued at approximately $235,000.

Other large investors also recently bought and sold shares of the company. Runnymede Capital Advisors Inc. boosted its stake in 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 acquiring an additional 175 shares in the last quarter. Smallwood Wealth Investment Management LLC acquired a new position in Applied Materials in the first quarter valued at $29,000. Clal Insurance Enterprises Holdings Ltd boosted its stake in 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 acquiring an additional 174 shares in the last quarter. Activest Wealth Management boosted its stake in 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 acquiring an additional 213 shares in the last quarter. Finally, Greenline Partners LLC acquired a new position in Applied Materials in the first quarter valued at $39,000. Institutional investors and hedge funds own 80.56% of the company’s stock.

Analysts Set New Price Targets

AMAT has been the subject of several research analyst reports. Redburn Atlantic downgraded shares of Applied Materials from a “strong-buy” rating to a “hold” rating and decreased their price objective for the company from $225.00 to $200.00 in a research note on Monday, July 7th. Stifel Nicolaus decreased their price objective on shares of Applied Materials from $195.00 to $180.00 and set a “buy” rating for the company in a research note on Friday, August 15th. Daiwa America downgraded shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 20th. Evercore ISI reiterated an “outperform” rating and set a $209.00 target price on shares of Applied Materials in a research note on Friday, August 15th. Finally, Rothschild & Co Redburn downgraded shares of Applied Materials from a “buy” rating to a “neutral” rating and set a $200.00 target price for the company. in a research note on Monday, July 7th. Sixteen equities 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. Based on data from MarketBeat, Applied Materials currently has a consensus rating of “Hold” and an average target price of $192.92.

Insider Activity at Applied Materials

In other news, CAO Adam Sanders sold 562 shares of the stock in a transaction that occurred on Tuesday, June 24th. The shares were sold at an average price of $178.60, for a total value of $100,373.20. Following the sale, the chief accounting officer directly owned 5,300 shares in the company, valued at $946,580. This represents a 9.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.24% of the stock is owned by corporate insiders.

Applied Materials Trading Down 1.4%

NASDAQ AMAT opened at $167.80 on Monday. The stock has a market capitalization of $133.68 billion, a P/E ratio of 20.00, a P/E/G ratio of 2.39 and a beta of 1.77. Applied Materials, Inc. has a 52-week low of $123.74 and a 52-week high of $215.70. The firm has a 50-day moving average price of $177.79 and a 200 day moving average price of $164.75. The company has a quick ratio of 1.76, a current ratio of 2.50 and a debt-to-equity ratio of 0.28.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings results 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 firm had revenue of $7.30 billion during the quarter, compared to analysts’ expectations of $7.21 billion. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The firm’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same period in the prior year, the company posted $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Equities research analysts expect that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Dividend Announcement

The firm also recently declared 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 1.1%. Applied Materials’s dividend payout ratio is currently 21.93%.

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.