Impact Capital Partners LLC Sells 231 Shares of Applied Materials, Inc. $AMAT

Impact Capital Partners LLC lowered its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 9.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,176 shares of the manufacturing equipment provider’s stock after selling 231 shares during the period. Impact Capital Partners LLC’s holdings in Applied Materials were worth $398,000 as of its most recent filing with the Securities and Exchange Commission.

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

Wall Street Analyst Weigh In

Several research firms have recently weighed in on AMAT. Citigroup cut their price objective on Applied Materials from $220.00 to $205.00 and set a “buy” rating on the stock in a report on Friday, August 15th. TD Cowen cut their price objective on Applied Materials from $220.00 to $200.00 and set a “buy” rating on the stock in a report on Friday, August 15th. Deutsche Bank Aktiengesellschaft cut their price objective on Applied Materials from $200.00 to $170.00 and set a “hold” rating on the stock in a report on Friday, August 15th. Daiwa America cut Applied Materials from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 20th. Finally, Evercore ISI reiterated an “outperform” rating and set a $209.00 price objective on shares of Applied Materials in a report on Friday, August 15th. Seventeen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $194.15.

Applied Materials Stock Performance

Shares of AMAT stock opened at $217.74 on Thursday. The business’s 50 day simple moving average is $178.15 and its 200 day simple moving average is $168.40. Applied Materials, Inc. has a one year low of $123.74 and a one year high of $218.44. The stock has a market capitalization of $173.46 billion, a PE ratio of 25.95, a PEG ratio of 2.68 and a beta of 1.82. 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 issued its earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share for the quarter, topping analysts’ consensus estimates of $2.36 by $0.12. The business had revenue of $7.30 billion during the quarter, compared to the consensus estimate of $7.21 billion. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The firm’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same period in the previous year, the company posted $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, research analysts forecast that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Announces Dividend

The firm also recently announced 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 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Thursday, November 20th. Applied Materials’s payout ratio is presently 21.93%.

About Applied Materials

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.