Exchange Capital Management Inc. Sells 80 Shares of Applied Materials, Inc. $AMAT

Exchange Capital Management Inc. lowered its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 1.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,295 shares of the manufacturing equipment provider’s stock after selling 80 shares during the quarter. Exchange Capital Management Inc.’s holdings in Applied Materials were worth $1,519,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Maseco LLP bought a new stake in shares of Applied Materials in the second quarter valued at about $30,000. Runnymede Capital Advisors Inc. increased its position in shares of Applied Materials by 972.2% during the first quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider’s stock valued at $28,000 after purchasing an additional 175 shares during the period. Smallwood Wealth Investment Management LLC acquired a new position in shares of Applied Materials in the first quarter valued at $29,000. Clal Insurance Enterprises Holdings Ltd lifted its position in 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 during the period. Finally, Activest Wealth Management boosted its stake 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 buying an additional 213 shares in the last quarter. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Applied Materials Stock Performance

Shares of Applied Materials stock opened at $223.59 on Friday. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.50 and a quick ratio of 1.76. The firm has a 50 day simple moving average of $178.86 and a 200 day simple moving average of $168.87. Applied Materials, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $226.41. The firm has a market cap of $178.12 billion, a P/E ratio of 26.65, 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 EPS for the quarter, beating the consensus estimate of $2.36 by $0.12. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The company had revenue of $7.30 billion during the quarter, compared to analysts’ expectations of $7.21 billion. During the same period last year, the firm earned $2.12 EPS. 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. Sell-side analysts predict that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be paid a $0.46 dividend. The ex-dividend date of this dividend 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 (DPR) is presently 21.93%.

Analyst Ratings Changes

A number of research firms recently weighed in on AMAT. Cfra Research raised shares of Applied Materials to a “hold” rating in a research note on Friday, August 15th. TD Cowen lowered their price objective on Applied Materials from $220.00 to $200.00 and set a “buy” rating on the stock in a research note on Friday, August 15th. Daiwa America downgraded Applied Materials from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 20th. Redburn Atlantic cut Applied Materials from a “strong-buy” rating to a “hold” rating and lowered their price target for the company from $225.00 to $200.00 in a research report on Monday, July 7th. Finally, Morgan Stanley raised Applied Materials from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $172.00 to $209.00 in a report on Monday, September 22nd. Seventeen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $194.15.

Applied Materials Company 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.