Woodstock Corp Acquires 942 Shares of Applied Materials, Inc. $AMAT

Woodstock Corp grew its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 3.0% during the second quarter, Holdings Channel.com reports. The institutional investor owned 32,625 shares of the manufacturing equipment provider’s stock after purchasing an additional 942 shares during the quarter. Woodstock Corp’s holdings in Applied Materials were worth $5,973,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Value Partners Investments Inc. lifted its holdings in shares of Applied Materials by 8.7% in the 4th quarter. Value Partners Investments Inc. now owns 9,896 shares of the manufacturing equipment provider’s stock worth $1,608,000 after purchasing an additional 793 shares in the last quarter. Leonard Rickey Investment Advisors P.L.L.C. bought a new position in shares of Applied Materials in the 1st quarter worth $230,000. Avity Investment Management Inc. lifted its holdings in shares of Applied Materials by 4.1% in the 2nd quarter. Avity Investment Management Inc. now owns 220,835 shares of the manufacturing equipment provider’s stock worth $40,428,000 after purchasing an additional 8,680 shares in the last quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych lifted its holdings in shares of Applied Materials by 12.7% in the 1st quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 26,650 shares of the manufacturing equipment provider’s stock worth $3,867,000 after purchasing an additional 3,000 shares in the last quarter. Finally, Redwood Investment Management LLC lifted its holdings in shares of Applied Materials by 311.2% in the 1st quarter. Redwood Investment Management LLC now owns 12,924 shares of the manufacturing equipment provider’s stock worth $1,876,000 after purchasing an additional 9,781 shares in the last quarter. 80.56% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CAO Adam Sanders sold 562 shares of Applied Materials stock in a transaction dated 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 sale, the chief accounting officer owned 5,300 shares of the company’s stock, valued at approximately $946,580. This trade represents a 9.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.24% of the company’s stock.

Analyst Ratings Changes

AMAT has been the topic of a number of recent research reports. Cantor Fitzgerald cut their target price on Applied Materials from $220.00 to $200.00 and set an “overweight” rating on the stock in a report on Friday, August 15th. Deutsche Bank Aktiengesellschaft dropped their price objective on Applied Materials from $200.00 to $170.00 and set a “hold” rating on the stock in a research note on Friday, August 15th. Mizuho restated a “neutral” rating and set a $175.00 price objective (down from $200.00) on shares of Applied Materials in a research note on Friday. Stifel Nicolaus dropped their price objective on Applied Materials from $195.00 to $180.00 and set a “buy” rating on the stock in a research note on Friday, August 15th. Finally, Morgan Stanley raised their price objective on Applied Materials from $169.00 to $172.00 and gave the company an “equal weight” rating in a research note on Friday, August 15th. Sixteen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Applied Materials has a consensus rating of “Moderate Buy” and an average target price of $192.92.

Applied Materials Trading Up 1.9%

Shares of Applied Materials stock opened at $170.93 on Tuesday. Applied Materials, Inc. has a 1 year low of $123.74 and a 1 year high of $215.70. The firm has a market cap of $136.17 billion, a PE ratio of 20.37, a P/E/G ratio of 2.39 and a beta of 1.77. The stock has a fifty day moving average price of $177.39 and a 200-day moving average price of $164.84. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.50 and a quick ratio of 1.76.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share 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 company had revenue of $7.30 billion during the quarter, compared to analyst estimates of $7.21 billion. During the same quarter last year, the firm posted $2.12 EPS. The firm’s revenue for the quarter was up 7.7% on a year-over-year basis. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Equities research analysts anticipate that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Investors 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 annualized dividend and a yield of 1.1%. Applied Materials’s dividend payout ratio (DPR) 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.