LVW Advisors LLC Has $695,000 Stock Holdings in Applied Materials, Inc. $AMAT

LVW Advisors LLC boosted its stake in Applied Materials, Inc. (NASDAQ:AMATFree Report) by 12.9% in the second quarter, Holdings Channel reports. The firm owned 3,796 shares of the manufacturing equipment provider’s stock after purchasing an additional 435 shares during the quarter. LVW Advisors LLC’s holdings in Applied Materials were worth $695,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Runnymede Capital Advisors Inc. lifted its stake in Applied Materials by 972.2% in the first quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider’s stock valued at $28,000 after buying an additional 175 shares during the period. Smallwood Wealth Investment Management LLC bought a new position in Applied Materials in the 1st quarter valued at $29,000. Maseco LLP bought a new position in shares of Applied Materials during the 2nd quarter worth $30,000. Clal Insurance Enterprises Holdings Ltd lifted its holdings in Applied Materials by 435.0% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider’s stock worth $31,000 after purchasing an additional 174 shares in the last quarter. Finally, Activest Wealth Management raised its holdings in shares of Applied Materials by 5,325.0% in the 1st quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider’s stock valued at $31,000 after acquiring an additional 213 shares in the last quarter. 80.56% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Stifel Nicolaus decreased their price target 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. Evercore ISI reissued an “outperform” rating and issued a $209.00 target price on shares of Applied Materials in a report on Friday, August 15th. TD Cowen reduced their price objective on Applied Materials from $220.00 to $200.00 and set a “buy” rating for the company in a research report on Friday, August 15th. Wells Fargo & Company cut their price target on Applied Materials from $215.00 to $205.00 and set an “overweight” rating for the company in a report on Friday, August 15th. Finally, Rothschild & Co Redburn lowered Applied Materials from a “buy” rating to a “neutral” rating and set a $200.00 price objective for the company. in a research note on Monday, July 7th. Seventeen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $194.15.

Read Our Latest Report on Applied Materials

Applied Materials Stock Up 2.2%

Shares of NASDAQ AMAT opened at $203.92 on Friday. Applied Materials, Inc. has a 52-week low of $123.74 and a 52-week high of $215.70. The business’s 50 day moving average is $176.94 and its two-hundred day moving average is $167.33. The company has a quick ratio of 1.76, a current ratio of 2.50 and a debt-to-equity ratio of 0.28. The firm has a market cap of $162.45 billion, a price-to-earnings ratio of 24.31, a PEG ratio of 2.91 and a beta of 1.77.

Applied Materials (NASDAQ:AMATGet Free Report) last posted its earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 EPS for the quarter, beating 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 analyst estimates of $7.21 billion. During the same quarter in the prior year, the company posted $2.12 earnings per share. Applied Materials’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. Research analysts predict that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be paid a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Thursday, November 20th. Applied Materials’s dividend payout ratio (DPR) is 21.93%.

Applied Materials Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Applied Materials (NASDAQ:AMAT)

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