NewSquare Capital LLC Has $104,000 Stock Holdings in Applied Materials, Inc. $AMAT

NewSquare Capital LLC grew its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 172.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 570 shares of the manufacturing equipment provider’s stock after purchasing an additional 361 shares during the quarter. NewSquare Capital LLC’s holdings in Applied Materials were worth $104,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in AMAT. Nuveen LLC acquired a new stake in shares of Applied Materials during the first quarter valued at about $1,085,600,000. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Applied Materials during the second quarter valued at about $882,396,000. Pacer Advisors Inc. boosted its stake in shares of Applied Materials by 2,401.0% during the first quarter. Pacer Advisors Inc. now owns 3,066,817 shares of the manufacturing equipment provider’s stock valued at $445,056,000 after purchasing an additional 2,944,193 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Applied Materials by 43.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 5,573,673 shares of the manufacturing equipment provider’s stock valued at $808,853,000 after purchasing an additional 1,691,428 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in shares of Applied Materials by 23.6% during the first quarter. Ameriprise Financial Inc. now owns 7,860,838 shares of the manufacturing equipment provider’s stock valued at $1,140,836,000 after purchasing an additional 1,502,995 shares in the last quarter. 80.56% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently commented on AMAT shares. Wells Fargo & Company upped their target price on Applied Materials from $240.00 to $250.00 and gave the company an “overweight” rating in a report on Wednesday, October 8th. Barclays upped their target price on Applied Materials from $170.00 to $250.00 and gave the company an “equal weight” rating in a report on Monday, October 20th. Cfra Research upgraded Applied Materials to a “hold” rating in a report on Friday, August 15th. TD Cowen reduced their target price on Applied Materials from $220.00 to $200.00 and set a “buy” rating on the stock in a report on Friday, August 15th. Finally, Summit Insights cut Applied Materials from a “buy” rating to a “hold” rating in a report on Friday, August 15th. Eighteen investment 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. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $210.96.

Applied Materials Price Performance

Shares of AMAT opened at $230.19 on Wednesday. Applied Materials, Inc. has a 52-week low of $123.74 and a 52-week high of $242.50. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.76 and a current ratio of 2.50. The business’s 50 day moving average price is $201.03 and its two-hundred day moving average price is $182.54. The firm has a market cap of $183.38 billion, a PE ratio of 27.44, a price-to-earnings-growth ratio of 2.95 and a beta of 1.82.

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, beating the consensus estimate of $2.36 by $0.12. The firm had revenue of $7.30 billion for the quarter, compared to analyst estimates of $7.21 billion. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The company’s revenue was up 7.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, equities analysts anticipate that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Dividend Announcement

The company 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 0.8%. Applied Materials’s payout ratio is currently 21.93%.

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.