Copperleaf Capital LLC Boosts Stock Position in Applied Materials, Inc. $AMAT

Copperleaf Capital LLC boosted its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 12.9% in the second quarter, Holdings Channel reports. The institutional investor owned 4,558 shares of the manufacturing equipment provider’s stock after purchasing an additional 520 shares during the period. Copperleaf Capital LLC’s holdings in Applied Materials were worth $834,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. IFG Advisory LLC grew its position in Applied Materials by 1,008.1% during the 2nd quarter. IFG Advisory LLC now owns 36,156 shares of the manufacturing equipment provider’s stock valued at $6,619,000 after purchasing an additional 32,893 shares during the last quarter. Atlantic Union Bankshares Corp grew its holdings in shares of Applied Materials by 23.0% during the second quarter. Atlantic Union Bankshares Corp now owns 12,643 shares of the manufacturing equipment provider’s stock valued at $2,315,000 after buying an additional 2,363 shares during the last quarter. Sienna Gestion increased its position in shares of Applied Materials by 10.2% during the second quarter. Sienna Gestion now owns 113,221 shares of the manufacturing equipment provider’s stock valued at $18,924,000 after acquiring an additional 10,468 shares in the last quarter. Achmea Investment Management B.V. increased its position in shares of Applied Materials by 7.6% during the second quarter. Achmea Investment Management B.V. now owns 501,587 shares of the manufacturing equipment provider’s stock valued at $91,826,000 after acquiring an additional 35,437 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. raised its holdings in Applied Materials by 9.5% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 77,178 shares of the manufacturing equipment provider’s stock worth $14,129,000 after acquiring an additional 6,704 shares during the last quarter. 80.56% of the stock is owned by institutional investors.

Applied Materials Stock Performance

Shares of NASDAQ AMAT opened at $225.12 on Wednesday. Applied Materials, Inc. has a 12-month low of $123.74 and a 12-month high of $242.50. The firm has a market capitalization of $179.34 billion, a price-to-earnings ratio of 26.83, a price-to-earnings-growth ratio of 2.95 and a beta of 1.84. 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 firm has a 50 day moving average of $214.84 and a 200 day moving average of $188.37.

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

Applied Materials Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be issued a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, November 20th. Applied Materials’s payout ratio is currently 21.20%.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Weiss Ratings reissued a “hold (c+)” rating on shares of Applied Materials in a report on Thursday, November 13th. Barclays lifted their price objective on Applied Materials from $170.00 to $250.00 and gave the stock an “equal weight” rating in a report on Monday, October 20th. TD Cowen lowered their target price on shares of Applied Materials from $220.00 to $200.00 and set a “buy” rating on the stock in a research note on Friday, August 15th. DZ Bank upgraded shares of Applied Materials from a “strong sell” rating to a “hold” rating in a research note on Friday, November 14th. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $250.00 price objective on shares of Applied Materials in a report on Friday. Nineteen research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $226.74.

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.