Verde Capital Management Has $1.21 Million Holdings in Applied Materials, Inc. $AMAT

Verde Capital Management boosted its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 13.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,602 shares of the manufacturing equipment provider’s stock after acquiring an additional 806 shares during the quarter. Verde Capital Management’s holdings in Applied Materials were worth $1,209,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of AMAT. Brighton Jones LLC boosted its position in Applied Materials by 28.0% during the 4th quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock worth $2,061,000 after acquiring an additional 2,771 shares during the period. Value Partners Investments Inc. boosted its position in Applied Materials by 8.7% during the 4th quarter. Value Partners Investments Inc. now owns 9,896 shares of the manufacturing equipment provider’s stock worth $1,608,000 after acquiring an additional 793 shares during the period. Royal Bank of Canada boosted its position in Applied Materials by 22.9% during the 4th quarter. Royal Bank of Canada now owns 3,636,546 shares of the manufacturing equipment provider’s stock worth $591,412,000 after acquiring an additional 678,510 shares during the period. Silvercrest Asset Management Group LLC raised its stake in shares of Applied Materials by 2,187.5% during the 4th quarter. Silvercrest Asset Management Group LLC now owns 110,347 shares of the manufacturing equipment provider’s stock worth $17,946,000 after purchasing an additional 105,523 shares in the last quarter. Finally, Strategic Global Advisors LLC purchased a new stake in shares of Applied Materials during the 4th quarter worth about $3,128,000. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Applied Materials

In other news, CAO Adam Sanders sold 562 shares of the company’s stock in a transaction that occurred on Tuesday, June 24th. The stock was sold at an average price of $178.60, for a total transaction of $100,373.20. Following the completion of the transaction, the chief accounting officer directly owned 5,300 shares in the company, valued at $946,580. The trade was a 9.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.24% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Bank of America reaffirmed a “neutral” rating and set a $180.00 price target (down from $190.00) on shares of Applied Materials in a research note on Friday, August 15th. Citigroup cut their price target on Applied Materials from $220.00 to $205.00 and set a “buy” rating for the company in a research note on Friday, August 15th. TD Cowen cut their price target on Applied Materials from $220.00 to $200.00 and set a “buy” rating for the company in a research note on Friday, August 15th. Summit Insights downgraded Applied Materials from a “buy” rating to a “hold” rating in a research note on Friday, August 15th. Finally, Rothschild & Co Redburn downgraded Applied Materials from a “buy” rating to a “neutral” rating and set a $200.00 price target for the company. in a research note on Monday, July 7th. Sixteen research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $192.92.

Applied Materials Stock Down 1.4%

Shares of AMAT stock opened at $167.80 on Friday. The stock’s 50 day simple moving average is $177.79 and its 200 day simple moving average is $164.69. 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, Inc. has a twelve month low of $123.74 and a twelve month high of $215.70. The company has a market capitalization of $133.68 billion, a price-to-earnings ratio of 20.00, a PEG ratio of 2.42 and a beta of 1.77.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings data 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 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 the consensus estimate of $7.21 billion. During the same period last year, the business earned $2.12 EPS. The firm’s revenue was up 7.7% compared to the same quarter last year. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, research analysts predict that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Announces Dividend

The firm also recently declared 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 dividend on an annualized basis and a dividend yield of 1.1%. Applied Materials’s payout ratio is 21.93%.

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.