Applied Materials, Inc. $AMAT Shares Sold by Community Bank & Trust Waco Texas

Community Bank & Trust Waco Texas lessened its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 2.2% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,294 shares of the manufacturing equipment provider’s stock after selling 119 shares during the period. Community Bank & Trust Waco Texas’ holdings in Applied Materials were worth $969,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. increased its position in Applied Materials by 23.6% in the 1st quarter. Ameriprise Financial Inc. now owns 7,860,838 shares of the manufacturing equipment provider’s stock valued at $1,140,836,000 after acquiring an additional 1,502,995 shares during the period. Amundi increased its position in Applied Materials by 15.8% in the 1st quarter. Amundi now owns 7,656,034 shares of the manufacturing equipment provider’s stock valued at $1,038,504,000 after acquiring an additional 1,046,635 shares during the period. Nuveen LLC acquired a new position in Applied Materials in the 1st quarter valued at about $1,085,600,000. Deutsche Bank AG increased its position in Applied Materials by 20.7% in the 1st quarter. Deutsche Bank AG now owns 7,189,402 shares of the manufacturing equipment provider’s stock valued at $1,043,326,000 after acquiring an additional 1,235,097 shares during the period. Finally, Price T Rowe Associates Inc. MD boosted its holdings in Applied Materials by 43.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,573,673 shares of the manufacturing equipment provider’s stock valued at $808,853,000 after purchasing an additional 1,691,428 shares in the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Price Performance

Shares of NASDAQ:AMAT opened at $204.73 on Wednesday. The business’s 50 day simple moving average is $177.54 and its 200-day simple moving average is $168.06. The firm has a market capitalization of $163.10 billion, a price-to-earnings ratio of 24.40, a price-to-earnings-growth ratio of 2.92 and a beta of 1.77. 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, Inc. has a 12 month low of $123.74 and a 12 month high of $215.70.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings results 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 business had revenue of $7.30 billion for the quarter, compared to analyst estimates of $7.21 billion. During the same quarter in the previous year, the company earned $2.12 EPS. The company’s quarterly revenue was up 7.7% on a year-over-year basis. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, equities analysts forecast that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The business 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 of this dividend is Thursday, November 20th. This represents a $1.84 dividend on an annualized basis and a yield of 0.9%. Applied Materials’s dividend payout ratio is presently 21.93%.

Analyst Ratings Changes

A number of brokerages have weighed in on AMAT. Bank of America reaffirmed a “neutral” rating and issued a $180.00 price objective (down previously from $190.00) on shares of Applied Materials in a report on Friday, August 15th. Evercore ISI reaffirmed an “outperform” rating and issued a $209.00 price objective on shares of Applied Materials in a report on Friday, August 15th. Barclays lifted their price objective on Applied Materials from $160.00 to $170.00 and gave the company an “equal weight” rating in a report on Monday, July 28th. The Goldman Sachs Group began coverage on Applied Materials in a report on Thursday, July 10th. They issued a “buy” rating and a $225.00 price objective on the stock. Finally, Stifel Nicolaus lowered their price objective on Applied Materials from $195.00 to $180.00 and set a “buy” rating on the stock in a report on Friday, August 15th. Seventeen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $194.15.

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.