Valley National Advisers Inc. Acquires 248 Shares of Applied Materials, Inc. $AMAT

Valley National Advisers Inc. lifted its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 2.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 12,327 shares of the manufacturing equipment provider’s stock after buying an additional 248 shares during the quarter. Valley National Advisers Inc.’s holdings in Applied Materials were worth $2,256,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Shelton Wealth Management LLC increased its position in Applied Materials by 1.5% in the 2nd quarter. Shelton Wealth Management LLC now owns 3,398 shares of the manufacturing equipment provider’s stock valued at $622,000 after buying an additional 51 shares in the last quarter. Octavia Wealth Advisors LLC increased its holdings in shares of Applied Materials by 0.8% during the second quarter. Octavia Wealth Advisors LLC now owns 6,200 shares of the manufacturing equipment provider’s stock valued at $1,135,000 after acquiring an additional 51 shares in the last quarter. Narus Financial Partners LLC raised its position in shares of Applied Materials by 3.8% during the second quarter. Narus Financial Partners LLC now owns 1,433 shares of the manufacturing equipment provider’s stock worth $262,000 after purchasing an additional 52 shares during the period. AdvisorNet Financial Inc raised its position in shares of Applied Materials by 2.7% during the second quarter. AdvisorNet Financial Inc now owns 1,958 shares of the manufacturing equipment provider’s stock worth $358,000 after purchasing an additional 52 shares during the period. Finally, Encompass Wealth Advisors LLC lifted its holdings in shares of Applied Materials by 3.4% in the 2nd quarter. Encompass Wealth Advisors LLC now owns 1,601 shares of the manufacturing equipment provider’s stock worth $293,000 after purchasing an additional 53 shares in the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Stock Performance

Applied Materials stock opened at $217.53 on Monday. Applied Materials, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $226.41. 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 stock has a market cap of $173.29 billion, a P/E ratio of 25.93, a price-to-earnings-growth ratio of 2.85 and a beta of 1.82. The firm’s fifty day moving average price is $179.50 and its 200-day moving average price is $169.52.

Applied Materials (NASDAQ:AMAT) last released its earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 EPS for the quarter, beating analysts’ consensus estimates of $2.36 by $0.12. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The business had revenue of $7.30 billion for the quarter, compared to analysts’ expectations of $7.21 billion. During the same quarter in the prior year, the firm earned $2.12 earnings per share. The firm’s revenue was up 7.7% on a year-over-year basis. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, equities research analysts expect that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal 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 issued a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Thursday, November 20th. Applied Materials’s payout ratio is presently 21.93%.

Wall Street Analyst Weigh In

AMAT has been the topic of several research reports. Wolfe Research lowered their price objective on shares of Applied Materials from $230.00 to $200.00 and set an “outperform” rating on the stock in a report on Friday, August 15th. DZ Bank downgraded shares of Applied Materials from a “hold” rating to a “sell” rating and set a $150.00 target price for the company. in a research report on Friday, August 15th. Bank of America reaffirmed a “neutral” rating and issued a $180.00 price target (down previously from $190.00) on shares of Applied Materials in a research report on Friday, August 15th. KeyCorp lifted their price target on Applied Materials from $200.00 to $220.00 and gave the company an “overweight” rating in a research note on Tuesday, September 23rd. Finally, Rothschild & Co Redburn downgraded Applied Materials from a “buy” rating to a “neutral” rating and set a $200.00 price objective for the company. in a research note on Monday, July 7th. Seventeen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $195.12.

Applied Materials 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.