Legacy Capital Wealth Partners LLC Sells 461 Shares of Applied Materials, Inc. $AMAT

Legacy Capital Wealth Partners LLC cut its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 15.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,527 shares of the manufacturing equipment provider’s stock after selling 461 shares during the period. Legacy Capital Wealth Partners LLC’s holdings in Applied Materials were worth $463,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Maseco LLP acquired a new position in Applied Materials in the second quarter valued at about $30,000. Clal Insurance Enterprises Holdings Ltd grew its stake in 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. Activest Wealth Management increased its holdings in Applied Materials by 5,325.0% in the 1st 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 during the period. Financial Gravity Companies Inc. acquired a new position in shares of Applied Materials in the 2nd quarter valued at approximately $31,000. Finally, Disciplina Capital Management LLC lifted its holdings in shares of Applied Materials by 91.5% during the 1st quarter. Disciplina Capital Management LLC now owns 272 shares of the manufacturing equipment provider’s stock worth $39,000 after acquiring an additional 130 shares during the period. 80.56% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on AMAT. JPMorgan Chase & Co. lifted their price objective on shares of Applied Materials from $220.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday, November 14th. Morgan Stanley reduced their target price on Applied Materials from $256.00 to $252.00 and set an “overweight” rating on the stock in a report on Friday, November 14th. Stifel Nicolaus boosted their price target on Applied Materials from $215.00 to $250.00 and gave the stock a “buy” rating in a report on Tuesday, November 11th. Bank of America upgraded Applied Materials from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $180.00 to $250.00 in a research report on Monday, October 13th. Finally, Cowen reiterated a “buy” rating on shares of Applied Materials in a research report on Friday, November 14th. Twenty research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $228.04.

Applied Materials Trading Up 0.8%

Shares of AMAT stock opened at $252.03 on Friday. Applied Materials, Inc. has a twelve month low of $123.74 and a twelve month high of $252.66. The stock’s fifty day simple moving average is $224.86 and its 200 day simple moving average is $192.57. The company has a quick ratio of 1.76, a current ratio of 2.50 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $200.77 billion, a P/E ratio of 30.04, a P/E/G ratio of 2.95 and a beta of 1.84.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 EPS for the quarter, beating analysts’ consensus estimates of $2.11 by $0.06. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.During the same quarter last year, the business earned $2.32 EPS. The firm’s revenue was down 3.5% on a year-over-year basis. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. As a group, sell-side analysts predict that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Applied Materials Announces Dividend

The firm also recently declared 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. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Thursday, November 20th. Applied Materials’s payout ratio is 21.20%.

Insider Buying and Selling at Applied Materials

In related news, SVP Teri A. Little sold 4,000 shares of the stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $238.24, for a total value of $952,960.00. Following the completion of the sale, the senior vice president directly owned 84,351 shares in the company, valued at $20,095,782.24. This represents a 4.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.24% of the stock is currently owned by corporate insiders.

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.