Founders Capital Management Has $3.07 Million Stock Position in Applied Materials, Inc. $AMAT

Founders Capital Management cut its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 0.9% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 16,767 shares of the manufacturing equipment provider’s stock after selling 144 shares during the period. Applied Materials comprises approximately 1.8% of Founders Capital Management’s investment portfolio, making the stock its 18th biggest position. Founders Capital Management’s holdings in Applied Materials were worth $3,070,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Maseco LLP acquired a new position in shares of Applied Materials during the second quarter worth $30,000. Runnymede Capital Advisors Inc. increased its holdings 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 worth $28,000 after buying an additional 175 shares in the last quarter. Smallwood Wealth Investment Management LLC acquired a new position in shares of Applied Materials during the first quarter worth $29,000. Clal Insurance Enterprises Holdings Ltd increased its holdings in shares of Applied Materials by 435.0% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider’s stock worth $31,000 after buying an additional 174 shares in the last quarter. Finally, Activest Wealth Management increased its holdings in shares of 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.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on AMAT shares. Redburn Atlantic downgraded shares of Applied Materials from a “strong-buy” rating to a “hold” rating and lowered their price target for the stock from $225.00 to $200.00 in a report on Monday, July 7th. KeyCorp boosted their price objective on shares of Applied Materials from $200.00 to $220.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 23rd. Morgan Stanley raised shares of Applied Materials from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $172.00 to $209.00 in a research note on Monday, September 22nd. Bank of America reissued a “neutral” rating and issued a $180.00 price objective (down previously from $190.00) on shares of Applied Materials in a research note on Friday, August 15th. Finally, Mizuho reissued a “neutral” rating and issued a $175.00 price objective (down previously from $200.00) on shares of Applied Materials in a research note on Friday, September 12th. Seventeen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $194.15.

Applied Materials Stock Performance

Shares of AMAT opened at $204.73 on Wednesday. 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 stock has a market capitalization of $163.10 billion, a P/E ratio of 24.40, a price-to-earnings-growth ratio of 2.92 and a beta of 1.77. The firm’s fifty day simple moving average is $177.54 and its two-hundred day simple moving average is $168.06. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $215.70.

Applied Materials (NASDAQ:AMAT) last announced 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 net margin of 23.88% and a return on equity of 40.96%. The firm had revenue of $7.30 billion for the quarter, compared to analyst estimates of $7.21 billion. During the same quarter in the prior year, the business earned $2.12 earnings per share. The business’s quarterly revenue was up 7.7% compared to the same quarter last year. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, analysts predict that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be issued a dividend of $0.46 per share. The ex-dividend date is Thursday, November 20th. This represents a $1.84 annualized dividend and a dividend yield of 0.9%. Applied Materials’s dividend payout ratio is currently 21.93%.

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.