Claret Asset Management Corp Purchases Shares of 1,292 Applied Materials, Inc. $AMAT

Claret Asset Management Corp acquired a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,292 shares of the manufacturing equipment provider’s stock, valued at approximately $237,000.

A number of other hedge funds have also modified their holdings of AMAT. Maseco LLP acquired a new position in Applied Materials during the 2nd quarter worth approximately $30,000. Clal Insurance Enterprises Holdings Ltd lifted its position in shares of 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 worth $31,000 after purchasing an additional 174 shares in the last quarter. Activest Wealth Management boosted its holdings 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 worth $31,000 after purchasing an additional 213 shares during the last quarter. Financial Gravity Companies Inc. bought a new position in Applied Materials in the second quarter valued at $31,000. Finally, Disciplina Capital Management LLC grew its position in Applied Materials by 91.5% in the first quarter. Disciplina Capital Management LLC now owns 272 shares of the manufacturing equipment provider’s stock valued at $39,000 after purchasing an additional 130 shares in the last quarter. 80.56% of the stock is currently owned by institutional investors.

Insider Activity at Applied Materials

In related news, SVP Teri A. Little sold 4,000 shares of the company’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $238.24, for a total value of $952,960.00. Following the transaction, the senior vice president owned 84,351 shares in the company, valued at approximately $20,095,782.24. This represents a 4.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.24% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on AMAT shares. Daiwa America downgraded shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 20th. JPMorgan Chase & Co. upped their target price on Applied Materials from $220.00 to $260.00 and gave the stock an “overweight” rating in a report on Friday, November 14th. DZ Bank upgraded Applied Materials from a “strong sell” rating to a “hold” rating in a research note on Friday, November 14th. Cfra Research upgraded Applied Materials to a “hold” rating in a research note on Friday, August 15th. Finally, Craig Hallum reissued a “hold” rating and issued a $190.00 target price on shares of Applied Materials in a research note on Friday, November 14th. Twenty investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $228.04.

Applied Materials Stock Performance

Shares of NASDAQ AMAT opened at $254.75 on Tuesday. The company has a current ratio of 2.50, a quick ratio of 1.76 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $202.94 billion, a P/E ratio of 30.36, a P/E/G ratio of 2.95 and a beta of 1.84. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $255.79. The stock has a 50 day moving average of $225.94 and a 200-day moving average of $193.26.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 earnings per share for the quarter, beating analysts’ consensus estimates of $2.11 by $0.06. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The business had revenue of $6.80 billion for the quarter, compared to analysts’ expectations of $6.68 billion. During the same quarter in the prior year, the business earned $2.32 EPS. The firm’s revenue for the quarter was down 3.5% on a year-over-year basis. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. As a group, equities research analysts predict that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be issued a dividend of $0.46 per share. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $1.84 annualized dividend and a dividend yield of 0.7%. Applied Materials’s payout ratio is presently 21.20%.

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.