Fortune Financial Advisors LLC Grows Position in Applied Materials, Inc. $AMAT

Fortune Financial Advisors LLC raised its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 1.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 12,650 shares of the manufacturing equipment provider’s stock after acquiring an additional 147 shares during the quarter. Applied Materials accounts for about 1.9% of Fortune Financial Advisors LLC’s holdings, making the stock its 18th biggest position. Fortune Financial Advisors LLC’s holdings in Applied Materials were worth $2,316,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Runnymede Capital Advisors Inc. grew its holdings in shares of Applied Materials by 972.2% in the 1st quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider’s stock worth $28,000 after acquiring an additional 175 shares during the period. Smallwood Wealth Investment Management LLC purchased a new stake in Applied Materials during the first quarter worth $29,000. Maseco LLP purchased a new stake in Applied Materials during the second quarter worth $30,000. Clal Insurance Enterprises Holdings Ltd grew its holdings 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 valued at $31,000 after purchasing an additional 174 shares during the last quarter. Finally, Activest Wealth Management increased its position in shares of Applied Materials by 5,325.0% in the first quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider’s stock valued at $31,000 after buying an additional 213 shares in the last quarter. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Wall Street Analyst Weigh In

AMAT has been the topic of several recent research reports. Daiwa America lowered shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 20th. KeyCorp upped their price target on shares of Applied Materials from $200.00 to $220.00 and gave the company an “overweight” rating in a report on Tuesday. The Goldman Sachs Group assumed coverage on shares of Applied Materials in a research note on Thursday, July 10th. They set a “buy” rating and a $225.00 price objective for the company. DZ Bank downgraded Applied Materials from a “hold” rating to a “sell” rating and set a $150.00 price objective for the company. in a research report on Friday, August 15th. Finally, Bank of America reiterated a “neutral” rating and set a $180.00 target price (down previously from $190.00) on shares of Applied Materials in a report on Friday, August 15th. Seventeen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Applied Materials has an average rating of “Moderate Buy” and a consensus price target of $194.15.

Applied Materials Price Performance

Shares of NASDAQ:AMAT opened at $201.44 on Thursday. The company has a market cap of $160.48 billion, a P/E ratio of 24.01, a P/E/G ratio of 2.86 and a beta of 1.77. The business has a fifty day simple moving average of $176.53 and a 200-day simple moving average of $166.47. Applied Materials, Inc. has a 52 week low of $123.74 and a 52 week high of $215.70. The company has a quick ratio of 1.76, a current ratio of 2.50 and a debt-to-equity ratio of 0.28.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (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 analyst estimates of $7.21 billion. During the same period last year, the company earned $2.12 EPS. The firm’s quarterly 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 forecast that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Announces Dividend

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 $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Thursday, November 20th. 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.