Veracity Capital LLC Makes New $212,000 Investment in Applied Materials, Inc. $AMAT

Veracity Capital LLC bought a new stake in Applied Materials, Inc. (NASDAQ:AMAT) in the second quarter, HoldingsChannel reports. The firm bought 1,160 shares of the manufacturing equipment provider’s stock, valued at approximately $212,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Old Port Advisors lifted its stake in shares of Applied Materials by 2.5% in the 1st quarter. Old Port Advisors now owns 2,730 shares of the manufacturing equipment provider’s stock valued at $396,000 after purchasing an additional 66 shares during the period. Silver Oak Securities Incorporated lifted its stake in shares of Applied Materials by 4.7% in the 1st quarter. Silver Oak Securities Incorporated now owns 1,506 shares of the manufacturing equipment provider’s stock valued at $218,000 after purchasing an additional 68 shares during the period. Cromwell Holdings LLC lifted its stake in shares of Applied Materials by 2.8% in the 1st quarter. Cromwell Holdings LLC now owns 2,540 shares of the manufacturing equipment provider’s stock valued at $369,000 after purchasing an additional 69 shares during the period. TCTC Holdings LLC increased its position in Applied Materials by 7.2% during the 1st quarter. TCTC Holdings LLC now owns 1,047 shares of the manufacturing equipment provider’s stock valued at $152,000 after buying an additional 70 shares in the last quarter. Finally, Hardy Reed LLC increased its position in Applied Materials by 1.0% during the 1st quarter. Hardy Reed LLC now owns 7,324 shares of the manufacturing equipment provider’s stock valued at $1,063,000 after buying an additional 71 shares in the last quarter. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Applied Materials Trading Up 1.5%

AMAT opened at $173.54 on Wednesday. The stock has a market cap of $138.25 billion, a price-to-earnings ratio of 20.68, a P/E/G ratio of 2.43 and a beta of 1.77. The stock’s 50 day moving average price is $176.96 and its 200-day moving average price is $164.90. Applied Materials, Inc. has a one year low of $123.74 and a one year high of $215.70. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.76 and a current ratio of 2.50.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.36 by $0.12. The firm had revenue of $7.30 billion during 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%.Applied Materials’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, equities analysts forecast that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be paid a $0.46 dividend. The ex-dividend date is Thursday, November 20th. This represents a $1.84 dividend on an annualized basis and a yield of 1.1%. Applied Materials’s dividend payout ratio (DPR) is 21.93%.

Insider Transactions at Applied Materials

In related news, CAO Adam Sanders sold 562 shares of the firm’s stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of $178.60, for a total value of $100,373.20. Following the completion of the transaction, the chief accounting officer owned 5,300 shares in the company, valued at $946,580. This trade represents a 9.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.24% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts have commented on AMAT shares. Wall Street Zen lowered Applied Materials from a “buy” rating to a “hold” rating in a report on Saturday, June 14th. DZ Bank lowered Applied Materials from a “hold” rating to a “sell” rating and set a $150.00 price objective for the company. in a report on Friday, August 15th. Barclays lifted their target price on Applied Materials from $160.00 to $170.00 and gave the company an “equal weight” rating in a research report on Monday, July 28th. JPMorgan Chase & Co. boosted their price objective on Applied Materials from $210.00 to $220.00 and gave the company an “overweight” rating in a research report on Friday, August 15th. Finally, Bank of America restated a “neutral” rating and issued a $180.00 price objective (down from $190.00) on shares of Applied Materials in a research report on Friday, August 15th. Sixteen investment 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, Applied Materials currently has an average rating of “Moderate Buy” and an average price target of $192.92.

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.