Choreo LLC Buys 2,480 Shares of Applied Materials, Inc. $AMAT

Choreo LLC lifted its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 10.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,167 shares of the manufacturing equipment provider’s stock after purchasing an additional 2,480 shares during the period. Choreo LLC’s holdings in Applied Materials were worth $4,607,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of AMAT. IFG Advisory LLC grew its position in shares of Applied Materials by 1,008.1% in the 2nd quarter. IFG Advisory LLC now owns 36,156 shares of the manufacturing equipment provider’s stock worth $6,619,000 after buying an additional 32,893 shares during the period. Atlantic Union Bankshares Corp grew its holdings in Applied Materials by 23.0% in the second quarter. Atlantic Union Bankshares Corp now owns 12,643 shares of the manufacturing equipment provider’s stock worth $2,315,000 after purchasing an additional 2,363 shares during the period. Sienna Gestion grew its holdings in Applied Materials by 10.2% in the second quarter. Sienna Gestion now owns 113,221 shares of the manufacturing equipment provider’s stock worth $18,924,000 after purchasing an additional 10,468 shares during the period. Westfield Capital Management Co. LP increased its stake in shares of Applied Materials by 13,360.6% during the second quarter. Westfield Capital Management Co. LP now owns 694,431 shares of the manufacturing equipment provider’s stock valued at $127,129,000 after purchasing an additional 689,272 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Applied Materials by 31.8% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 145,277 shares of the manufacturing equipment provider’s stock valued at $26,601,000 after purchasing an additional 35,012 shares during the last quarter. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Applied Materials Stock Up 3.1%

Shares of Applied Materials stock opened at $249.97 on Thursday. Applied Materials, Inc. has a twelve month low of $123.74 and a twelve month high of $252.66. The company has a quick ratio of 1.76, a current ratio of 2.50 and a debt-to-equity ratio of 0.28. The company’s 50 day moving average is $222.42 and its 200 day moving average is $191.44. The company has a market cap of $199.14 billion, a price-to-earnings ratio of 29.79, a price-to-earnings-growth ratio of 2.95 and a beta of 1.84.

Applied Materials (NASDAQ:AMAT) last posted its earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 EPS for the quarter, topping analysts’ consensus estimates of $2.11 by $0.06. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The business’s revenue was down 3.5% on a year-over-year basis. During the same period in the prior year, the firm posted $2.32 earnings per share. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. Research analysts anticipate that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Announces Dividend

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 of this dividend is Thursday, November 20th. This represents a $1.84 dividend on an annualized basis and a yield of 0.7%. Applied Materials’s dividend payout ratio is currently 21.20%.

Wall Street Analysts Forecast Growth

AMAT has been the topic of several recent research reports. Barclays upped their price target on Applied Materials from $170.00 to $250.00 and gave the stock an “equal weight” rating in a research note on Monday, October 20th. Morgan Stanley reduced their price target on Applied Materials from $256.00 to $252.00 and set an “overweight” rating for the company in a report on Friday, November 14th. Evercore ISI reiterated an “outperform” rating and issued a $290.00 price target on shares of Applied Materials in a research note on Friday, November 14th. Citigroup raised their price objective on shares of Applied Materials from $205.00 to $250.00 and gave the company a “buy” rating in a research note on Friday, November 14th. Finally, Summit Insights cut shares of Applied Materials from a “buy” rating to a “hold” rating in a report on Friday, August 15th. Twenty equities research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $228.04.

Insider Transactions at Applied Materials

In other Applied Materials news, SVP Teri A. Little sold 4,000 shares of the business’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $238.24, for a total transaction of $952,960.00. Following the completion of the sale, the senior vice president directly owned 84,351 shares in the company, valued at $20,095,782.24. The trade was a 4.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.24% of the company’s stock.

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.