Winthrop Capital Management LLC Buys New Shares in Applied Materials, Inc. $AMAT

Winthrop Capital Management LLC bought a new position in Applied Materials, Inc. (NASDAQ:AMAT) during the second quarter, according to the company in its most recent filing with the SEC. The firm bought 1,004 shares of the manufacturing equipment provider’s stock, valued at approximately $184,000.

Several other institutional investors have also added to or reduced their stakes in the business. IFG Advisory LLC increased its holdings in shares of Applied Materials by 1,008.1% in the 2nd quarter. IFG Advisory LLC now owns 36,156 shares of the manufacturing equipment provider’s stock worth $6,619,000 after purchasing an additional 32,893 shares in the last quarter. Atlantic Union Bankshares Corp boosted its position in shares of Applied Materials by 23.0% during the second quarter. Atlantic Union Bankshares Corp now owns 12,643 shares of the manufacturing equipment provider’s stock valued at $2,315,000 after buying an additional 2,363 shares during the last quarter. Sienna Gestion increased its holdings in Applied Materials by 10.2% in the 2nd quarter. Sienna Gestion now owns 113,221 shares of the manufacturing equipment provider’s stock worth $18,924,000 after buying an additional 10,468 shares in the last quarter. Achmea Investment Management B.V. increased its holdings in Applied Materials by 7.6% in the 2nd quarter. Achmea Investment Management B.V. now owns 501,587 shares of the manufacturing equipment provider’s stock worth $91,826,000 after buying an additional 35,437 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. raised its position in Applied Materials by 9.5% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 77,178 shares of the manufacturing equipment provider’s stock worth $14,129,000 after buying an additional 6,704 shares during the last quarter. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. TD Cowen reduced their price target on shares of Applied Materials from $220.00 to $200.00 and set a “buy” rating for the company in a research note on Friday, August 15th. Barclays lifted their target price on shares of Applied Materials from $170.00 to $250.00 and gave the stock an “equal weight” rating in a research report on Monday, October 20th. Wolfe Research lowered their price target on Applied Materials from $230.00 to $200.00 and set an “outperform” rating on the stock in a report on Friday, August 15th. The Goldman Sachs Group lifted their price objective on Applied Materials from $215.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday, October 9th. Finally, DZ Bank cut Applied Materials from a “hold” rating to a “sell” rating and set a $150.00 price objective for the company. in a research report on Friday, August 15th. Eighteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Applied Materials currently has a consensus rating of “Moderate Buy” and a consensus price target of $210.96.

Applied Materials Price Performance

NASDAQ AMAT opened at $230.07 on Friday. The business’s fifty day moving average is $205.31 and its 200 day moving average is $184.28. Applied Materials, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $242.50. 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 company has a market capitalization of $183.28 billion, a PE ratio of 27.42, a price-to-earnings-growth ratio of 2.95 and a beta of 1.84.

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

Applied Materials Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be paid 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 yield of 0.8%. Applied Materials’s dividend payout ratio (DPR) is presently 21.93%.

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.