Community Financial Services Group LLC Takes Position in Applied Materials, Inc. $AMAT

Community Financial Services Group LLC bought a new stake in Applied Materials, Inc. (NASDAQ:AMAT) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,173 shares of the manufacturing equipment provider’s stock, valued at approximately $215,000.

A number of other large investors have also recently bought and sold shares of AMAT. Shelton Wealth Management LLC grew its stake in Applied Materials by 1.5% during the second quarter. Shelton Wealth Management LLC now owns 3,398 shares of the manufacturing equipment provider’s stock worth $622,000 after buying an additional 51 shares during the period. Octavia Wealth Advisors LLC lifted its position in shares of Applied Materials by 0.8% during 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 in the last quarter. Narus Financial Partners LLC raised its holdings in 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 valued at $262,000 after acquiring an additional 52 shares in the last quarter. AdvisorNet Financial Inc raised its holdings in Applied Materials by 2.7% in the second quarter. AdvisorNet Financial Inc now owns 1,958 shares of the manufacturing equipment provider’s stock valued at $358,000 after acquiring an additional 52 shares in the last quarter. Finally, Encompass Wealth Advisors LLC raised its holdings in 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 valued at $293,000 after acquiring an additional 53 shares in the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Wall Street Analysts Forecast Growth

AMAT has been the subject of several recent research reports. Wells Fargo & Company lowered their target price on shares of Applied Materials from $215.00 to $205.00 and set an “overweight” rating for the company in a research note on Friday, August 15th. Wall Street Zen lowered shares of Applied Materials from a “buy” rating to a “hold” rating in a research report on Saturday, June 14th. Rothschild & Co Redburn lowered 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 report on Monday, July 7th. Wolfe Research cut their price target on shares of Applied Materials from $230.00 to $200.00 and set an “outperform” rating for the company in a report on Friday, August 15th. Finally, JPMorgan Chase & Co. upped their price target on shares of Applied Materials from $210.00 to $220.00 and gave the company an “overweight” rating in a report on Friday, August 15th. Seventeen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $194.15.

Applied Materials Price Performance

NASDAQ AMAT opened at $217.74 on Thursday. The company has a 50 day simple moving average of $178.15 and a 200-day simple moving average of $168.40. Applied Materials, Inc. has a 52-week low of $123.74 and a 52-week high of $218.44. The firm has a market capitalization of $173.46 billion, a price-to-earnings ratio of 25.95, a price-to-earnings-growth ratio of 2.68 and a beta of 1.82. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.50 and a quick ratio of 1.76.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 EPS for the quarter, topping 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 the consensus estimate of $7.21 billion. During the same quarter in the prior year, the company posted $2.12 earnings per share. The firm’s revenue was up 7.7% on a year-over-year basis. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Equities research analysts predict that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be issued a $0.46 dividend. The ex-dividend date is Thursday, November 20th. This represents a $1.84 dividend on an annualized basis and a yield of 0.8%. Applied Materials’s dividend payout ratio is currently 21.93%.

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.