Key Client Fiduciary Advisors LLC Acquires 206 Shares of Applied Materials, Inc. $AMAT

Key Client Fiduciary Advisors LLC grew its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 7.0% in the second quarter, HoldingsChannel reports. The fund owned 3,162 shares of the manufacturing equipment provider’s stock after purchasing an additional 206 shares during the quarter. Key Client Fiduciary Advisors LLC’s holdings in Applied Materials were worth $579,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Old Port Advisors boosted its stake in shares of Applied Materials by 2.5% during the first 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 in the last quarter. Silver Oak Securities Incorporated boosted its stake in shares of Applied Materials by 4.7% during the first 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 in the last quarter. Cromwell Holdings LLC boosted its stake in shares of Applied Materials by 2.8% during the first 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 in the last quarter. TCTC Holdings LLC boosted its stake in shares of Applied Materials by 7.2% during the first 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 in the last quarter. Finally, Hardy Reed LLC boosted its stake in shares of Applied Materials by 1.0% during the first 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 in the last quarter. Institutional investors own 80.56% of the company’s stock.

Analyst Ratings Changes

AMAT has been the topic of a number of recent research reports. Stifel Nicolaus dropped their price objective on shares of Applied Materials from $195.00 to $180.00 and set a “buy” rating on the stock in a research note on Friday, August 15th. Bank of America reissued a “neutral” rating and set a $180.00 target price (down previously from $190.00) on shares of Applied Materials in a research report on Friday, August 15th. Cfra Research raised shares of Applied Materials to a “hold” rating in a research report on Friday, August 15th. Daiwa Capital Markets reissued a “neutral” rating and set a $170.00 target price (down previously from $185.00) on shares of Applied Materials in a research report on Wednesday, August 20th. Finally, Mizuho reissued a “neutral” rating and set a $175.00 target price (down previously from $200.00) on shares of Applied Materials in a research report on Friday. Sixteen research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $192.92.

Insider Buying and Selling at Applied Materials

In other news, CAO Adam Sanders sold 562 shares of the stock in a transaction on Tuesday, June 24th. The shares were sold at an average price of $178.60, for a total value of $100,373.20. Following the sale, the chief accounting officer owned 5,300 shares in the company, valued at $946,580. This represents a 9.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.24% of the stock is owned by insiders.

Applied Materials Trading Up 1.9%

NASDAQ AMAT opened at $170.93 on Tuesday. The company has a fifty day simple moving average of $177.39 and a two-hundred day simple moving average of $164.84. The stock has a market cap of $136.17 billion, a P/E ratio of 20.37, a P/E/G ratio of 2.39 and a beta of 1.77. Applied Materials, Inc. has a 12-month low of $123.74 and a 12-month high of $215.70. The company has a current ratio of 2.50, a quick ratio of 1.76 and a debt-to-equity ratio of 0.28.

Applied Materials (NASDAQ:AMAT) last posted 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. The business had revenue of $7.30 billion during the quarter, compared to analysts’ expectations of $7.21 billion. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The business’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter last year, the company posted $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, analysts forecast that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be paid a $0.46 dividend. The ex-dividend date is Thursday, November 20th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.1%. Applied Materials’s dividend payout ratio is presently 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.