Venturi Wealth Management LLC Has $5.10 Million Stock Holdings in Applied Materials, Inc. $AMAT

Venturi Wealth Management LLC raised its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 67.5% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 27,881 shares of the manufacturing equipment provider’s stock after buying an additional 11,238 shares during the quarter. Venturi Wealth Management LLC’s holdings in Applied Materials were worth $5,104,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. BankPlus Trust Department increased its stake in Applied Materials by 5,555.6% in the 2nd quarter. BankPlus Trust Department now owns 509 shares of the manufacturing equipment provider’s stock valued at $93,000 after buying an additional 500 shares during the period. Canopy Partners LLC grew its position in Applied Materials by 3.1% in the second quarter. Canopy Partners LLC now owns 2,714 shares of the manufacturing equipment provider’s stock worth $497,000 after acquiring an additional 81 shares in the last quarter. Shell Asset Management Co. grew its position in Applied Materials by 56.4% in the second quarter. Shell Asset Management Co. now owns 67,765 shares of the manufacturing equipment provider’s stock worth $12,406,000 after acquiring an additional 24,443 shares in the last quarter. Slow Capital Inc. bought a new stake in Applied Materials in the second quarter worth approximately $234,000. Finally, KLP Kapitalforvaltning AS grew its position in Applied Materials by 3.4% in the second quarter. KLP Kapitalforvaltning AS now owns 372,041 shares of the manufacturing equipment provider’s stock worth $68,110,000 after acquiring an additional 12,200 shares in the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Price Performance

NASDAQ AMAT opened at $211.56 on Wednesday. The company has a current ratio of 2.50, a quick ratio of 1.76 and a debt-to-equity ratio of 0.28. The company has a fifty day simple moving average of $180.63 and a 200 day simple moving average of $170.31. The company has a market cap of $168.54 billion, a P/E ratio of 25.22, a P/E/G ratio of 2.93 and a beta of 1.82. Applied Materials, Inc. has a 1 year low of $123.74 and a 1 year high of $226.49.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share for the quarter, beating analysts’ consensus estimates of $2.36 by $0.12. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The firm had revenue of $7.30 billion during the quarter, compared to the consensus estimate of $7.21 billion. During the same period in the prior year, the firm earned $2.12 EPS. The business’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, sell-side analysts predict that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be issued a $0.46 dividend. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $1.84 dividend on an annualized basis and a yield of 0.9%. Applied Materials’s dividend payout ratio is 21.93%.

Wall Street Analyst Weigh In

Several research firms have commented on AMAT. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Applied Materials from $200.00 to $170.00 and set a “hold” rating for the company in a research report on Friday, August 15th. Redburn Atlantic downgraded shares of Applied Materials from a “strong-buy” rating to a “hold” rating and decreased their target price for the stock from $225.00 to $200.00 in a research report on Monday, July 7th. The Goldman Sachs Group began coverage on shares of Applied Materials in a research report on Thursday, July 10th. They issued a “buy” rating and a $225.00 target price for the company. Cantor Fitzgerald reissued an “overweight” rating and issued a $225.00 target price on shares of Applied Materials in a research report on Friday, October 3rd. Finally, JPMorgan Chase & Co. upped their price objective on shares of Applied Materials from $210.00 to $220.00 and gave the stock an “overweight” rating in a report on Friday, August 15th. Seventeen 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. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target 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.