Commerzbank Aktiengesellschaft FI Has $5.15 Million Stock Holdings in Applied Materials, Inc. $AMAT

Commerzbank Aktiengesellschaft FI raised its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 1.6% in the 2nd quarter, HoldingsChannel reports. The firm owned 28,142 shares of the manufacturing equipment provider’s stock after buying an additional 441 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Applied Materials were worth $5,152,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also added to or reduced their stakes in AMAT. Shelton Wealth Management LLC increased its position in shares of Applied Materials by 1.5% in the second quarter. Shelton Wealth Management LLC now owns 3,398 shares of the manufacturing equipment provider’s stock worth $622,000 after purchasing an additional 51 shares during the period. Octavia Wealth Advisors LLC increased its position in shares of Applied Materials by 0.8% in the second quarter. Octavia Wealth Advisors LLC now owns 6,200 shares of the manufacturing equipment provider’s stock worth $1,135,000 after purchasing an additional 51 shares during the period. Narus Financial Partners LLC increased its position in shares of Applied Materials by 3.8% in the second quarter. Narus Financial Partners LLC now owns 1,433 shares of the manufacturing equipment provider’s stock worth $262,000 after purchasing an additional 52 shares during the period. AdvisorNet Financial Inc increased its position in shares of Applied Materials by 2.7% in the second quarter. AdvisorNet Financial Inc now owns 1,958 shares of the manufacturing equipment provider’s stock worth $358,000 after purchasing an additional 52 shares during the period. Finally, Encompass Wealth Advisors LLC increased its position in shares of Applied Materials by 3.4% in the second quarter. Encompass Wealth Advisors LLC now owns 1,601 shares of the manufacturing equipment provider’s stock worth $293,000 after purchasing an additional 53 shares during the period. Institutional investors and hedge funds own 80.56% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on AMAT shares. Cfra Research upgraded Applied Materials to a “hold” rating in a research report on Friday, August 15th. JPMorgan Chase & Co. raised their price target on Applied Materials from $210.00 to $220.00 and gave the stock an “overweight” rating in a research report on Friday, August 15th. Citigroup decreased their price target on Applied Materials from $220.00 to $205.00 and set a “buy” rating on the stock in a research report on Friday, August 15th. Wall Street Zen cut Applied Materials from a “buy” rating to a “hold” rating in a research report on Saturday, June 14th. Finally, Summit Insights cut Applied Materials from a “buy” rating to a “hold” rating in a research report on Friday, August 15th. Seventeen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $197.81.

Applied Materials Stock Performance

Applied Materials stock opened at $220.30 on Friday. Applied Materials, Inc. has a 12-month low of $123.74 and a 12-month high of $226.49. 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 business’s 50-day moving average price is $182.00 and its two-hundred day moving average price is $171.09. The stock has a market cap of $175.50 billion, a PE ratio of 26.26, a P/E/G ratio of 2.85 and a beta of 1.82.

Applied Materials (NASDAQ:AMAT) last released its earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.36 by $0.12. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The firm had revenue of $7.30 billion for the quarter, compared to analysts’ expectations of $7.21 billion. During the same quarter in the previous year, the business posted $2.12 earnings per share. The business’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. As a group, analysts expect that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be paid a dividend of $0.46 per share. 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%.

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.