CW Advisors LLC grew its holdings in Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 15.8% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 68,458 shares of the manufacturing equipment provider’s stock after purchasing an additional 9,354 shares during the period. CW Advisors LLC’s holdings in Applied Materials were worth $9,946,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Old Port Advisors increased its position in Applied Materials by 2.5% during the 1st quarter. Old Port Advisors now owns 2,730 shares of the manufacturing equipment provider’s stock valued at $396,000 after purchasing an additional 66 shares during the period. Silver Oak Securities Incorporated increased its position in Applied Materials by 4.7% during the 1st quarter. Silver Oak Securities Incorporated now owns 1,506 shares of the manufacturing equipment provider’s stock valued at $218,000 after purchasing an additional 68 shares during the period. Cromwell Holdings LLC increased its position in Applied Materials by 2.8% during the 1st quarter. Cromwell Holdings LLC now owns 2,540 shares of the manufacturing equipment provider’s stock valued at $369,000 after purchasing an additional 69 shares during the period. TCTC Holdings LLC increased its position in Applied Materials by 7.2% during the 1st quarter. TCTC Holdings LLC now owns 1,047 shares of the manufacturing equipment provider’s stock valued at $152,000 after purchasing an additional 70 shares during the period. Finally, Hardy Reed LLC increased its position in Applied Materials by 1.0% during the 1st quarter. Hardy Reed LLC now owns 7,324 shares of the manufacturing equipment provider’s stock valued at $1,063,000 after purchasing an additional 71 shares during the period. 80.56% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of equities analysts have issued reports on AMAT shares. TD Cowen cut their price target on Applied Materials from $220.00 to $200.00 and set a “buy” rating on the stock in a report on Friday, August 15th. Citigroup cut their price target on Applied Materials from $220.00 to $205.00 and set a “buy” rating on the stock in a report on Friday, August 15th. Wolfe Research cut their price target on Applied Materials from $230.00 to $200.00 and set an “outperform” rating on the stock in a report on Friday, August 15th. Cfra Research upgraded Applied Materials to a “hold” rating in a report on Friday, August 15th. Finally, Daiwa Capital Markets restated a “neutral” rating and set a $170.00 price target (down from $185.00) on shares of Applied Materials in a report on Wednesday. Seventeen analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $193.88.
Insiders Place Their Bets
In other news, CAO Adam Sanders sold 562 shares of Applied Materials stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of $178.60, for a total transaction of $100,373.20. Following the sale, the chief accounting officer directly owned 5,300 shares in the company, valued at $946,580. The trade was a 9.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.24% of the company’s stock.
Applied Materials Price Performance
Shares of NASDAQ:AMAT opened at $159.84 on Friday. The company has a current ratio of 2.46, a quick ratio of 1.76 and a debt-to-equity ratio of 0.29. The stock’s fifty day simple moving average is $183.29 and its two-hundred day simple moving average is $166.23. Applied Materials, Inc. has a 1-year low of $123.74 and a 1-year high of $215.70. The stock has a market cap of $128.27 billion, a PE ratio of 19.05, a price-to-earnings-growth ratio of 2.29 and a beta of 1.70.
Applied Materials (NASDAQ:AMAT – Get Free Report) last issued its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share for the quarter, beating the consensus estimate of $2.36 by $0.12. Applied Materials had a return on equity of 41.31% and a net margin of 23.88%.The business had revenue of $7.30 billion for the quarter, compared to analysts’ expectations of $7.21 billion. During the same period last year, the business earned $2.12 EPS. The business’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. As a group, analysts forecast that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.
Applied Materials Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Thursday, August 21st will be paid a dividend of $0.46 per share. The ex-dividend date is Thursday, August 21st. This represents a $1.84 annualized dividend and a yield of 1.2%. Applied Materials’s dividend payout ratio (DPR) is 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.
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