Sculati Wealth Management LLC Invests $201,000 in Applied Materials, Inc. $AMAT

Sculati Wealth Management LLC bought a new stake in Applied Materials, Inc. (NASDAQ:AMAT) during the second quarter, HoldingsChannel.com reports. The fund bought 1,100 shares of the manufacturing equipment provider’s stock, valued at approximately $201,000.

Several other hedge funds have also bought and sold shares of the company. Maseco LLP bought a new stake in Applied Materials in the second quarter valued at approximately $30,000. Clal Insurance Enterprises Holdings Ltd boosted its stake in shares of Applied Materials by 435.0% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider’s stock worth $31,000 after acquiring an additional 174 shares during the period. Activest Wealth Management raised its stake 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 acquiring an additional 213 shares during the period. Disciplina Capital Management LLC raised its stake in Applied Materials by 91.5% in the 1st quarter. Disciplina Capital Management LLC now owns 272 shares of the manufacturing equipment provider’s stock valued at $39,000 after acquiring an additional 130 shares during the period. Finally, Greenline Partners LLC acquired a new stake in Applied Materials during the 1st quarter valued at $39,000. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on AMAT shares. Daiwa Capital Markets reissued a “neutral” rating and issued a $170.00 price objective (down from $185.00) on shares of Applied Materials in a research report on Wednesday, August 20th. Daiwa America lowered shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 20th. Stifel Nicolaus raised their price objective on shares of Applied Materials from $215.00 to $250.00 and gave the stock a “buy” rating in a research report on Tuesday. Sanford C. Bernstein restated an “outperform” rating and set a $250.00 price objective on shares of Applied Materials in a report on Friday. Finally, Summit Insights lowered Applied Materials from a “buy” rating to a “hold” rating in a research note on Friday, August 15th. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $226.74.

Applied Materials Stock Performance

Shares of NASDAQ:AMAT opened at $226.01 on Friday. Applied Materials, Inc. has a 12-month low of $123.74 and a 12-month high of $242.50. The company’s 50 day moving average price is $212.28 and its two-hundred day moving average price is $186.80. The firm has a market cap of $180.05 billion, a PE ratio of 26.94, a PEG ratio of 2.95 and a beta of 1.84. 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 released its quarterly earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 earnings per share for the quarter, beating analysts’ consensus estimates of $2.11 by $0.06. The company had revenue of $6.80 billion during the quarter, compared to the consensus estimate of $6.68 billion. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The firm’s quarterly revenue was down 3.5% on a year-over-year basis. During the same period in the previous year, the business earned $2.32 earnings per share. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. Equities research analysts predict that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Announces Dividend

The business also recently announced 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 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, November 20th. Applied Materials’s dividend payout ratio is 21.20%.

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.