Founders Capital Management Has $3.07 Million Holdings in Applied Materials, Inc. $AMAT

Founders Capital Management lessened its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 0.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,767 shares of the manufacturing equipment provider’s stock after selling 144 shares during the period. Applied Materials comprises 1.8% of Founders Capital Management’s investment portfolio, making the stock its 18th biggest holding. Founders Capital Management’s holdings in Applied Materials were worth $3,070,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Nuveen LLC purchased a new stake in Applied Materials in the 1st quarter valued at about $1,085,600,000. Kingstone Capital Partners Texas LLC purchased a new stake in Applied Materials in the 2nd quarter valued at about $882,396,000. Pacer Advisors Inc. increased its stake in Applied Materials by 2,401.0% in the 1st quarter. Pacer Advisors Inc. now owns 3,066,817 shares of the manufacturing equipment provider’s stock valued at $445,056,000 after buying an additional 2,944,193 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake 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 buying an additional 1,691,428 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake 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 buying an additional 1,502,995 shares during the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Stock Down 0.1%

AMAT opened at $204.73 on Wednesday. The company has a 50 day moving average of $177.54 and a 200 day moving average of $168.06. The company has a market cap of $163.10 billion, a PE ratio of 24.40, a price-to-earnings-growth ratio of 2.92 and a beta of 1.77. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $215.70. The company has a current ratio of 2.50, a quick ratio of 1.76 and a debt-to-equity ratio of 0.28.

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, beating the consensus estimate of $2.36 by $0.12. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The firm had revenue of $7.30 billion during the quarter, compared to the consensus estimate of $7.21 billion. During the same period last year, the firm earned $2.12 EPS. The business’s quarterly 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. On average, sell-side analysts expect that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be issued a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Thursday, November 20th. Applied Materials’s dividend payout ratio (DPR) is presently 21.93%.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. TD Cowen decreased their price objective 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. Cantor Fitzgerald reduced their target price on shares of Applied Materials from $220.00 to $200.00 and set an “overweight” rating for the company in a research report on Friday, August 15th. Mizuho restated a “neutral” rating and set a $175.00 price target (down previously from $200.00) on shares of Applied Materials in a research note on Friday, September 12th. Citigroup decreased their price target on shares of Applied Materials from $220.00 to $205.00 and set a “buy” rating for the company in a research note on Friday, August 15th. Finally, JPMorgan Chase & Co. raised their price target on shares of Applied Materials from $210.00 to $220.00 and gave the stock an “overweight” rating in a research note on Friday, August 15th. Seventeen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus 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.