6,851 Shares in Applied Materials, Inc. $AMAT Bought by Consilium Wealth Advisory LLC

Consilium Wealth Advisory LLC bought a new position in Applied Materials, Inc. (NASDAQ:AMAT) in the 2nd quarter, Holdings Channel.com reports. The firm bought 6,851 shares of the manufacturing equipment provider’s stock, valued at approximately $1,254,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Avity Investment Management Inc. boosted its position in Applied Materials by 4.1% during the second quarter. Avity Investment Management Inc. now owns 220,835 shares of the manufacturing equipment provider’s stock valued at $40,428,000 after buying an additional 8,680 shares during the period. Leonard Rickey Investment Advisors P.L.L.C. purchased a new stake in Applied Materials during the first quarter valued at about $230,000. Generali Investments Towarzystwo Funduszy Inwestycyjnych boosted its position in Applied Materials by 12.7% during the first quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 26,650 shares of the manufacturing equipment provider’s stock valued at $3,867,000 after buying an additional 3,000 shares during the period. Redwood Investment Management LLC boosted its position in Applied Materials by 311.2% during the first quarter. Redwood Investment Management LLC now owns 12,924 shares of the manufacturing equipment provider’s stock valued at $1,876,000 after buying an additional 9,781 shares during the period. Finally, Gallacher Capital Management LLC purchased a new stake in Applied Materials during the second quarter valued at about $410,000. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have issued reports on AMAT. Wall Street Zen lowered shares of Applied Materials from a “buy” rating to a “hold” rating in a research report on Saturday, June 14th. Bank of America restated a “neutral” rating and set a $180.00 price target (down from $190.00) on shares of Applied Materials in a research report on Friday, August 15th. Cfra Research raised shares of Applied Materials to a “hold” rating in a research note on Friday, August 15th. Barclays upped their price objective on shares of Applied Materials from $160.00 to $170.00 and gave the company an “equal weight” rating in a research note on Monday, July 28th. Finally, Morgan Stanley raised shares of Applied Materials from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $172.00 to $209.00 in a research note on Monday, September 22nd. Seventeen 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. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $195.12.

Applied Materials Price Performance

AMAT stock opened at $217.53 on Friday. Applied Materials, Inc. has a 1 year low of $123.74 and a 1 year high of $226.41. The company has a market cap of $173.29 billion, a P/E ratio of 25.93, a PEG ratio of 2.93 and a beta of 1.82. The firm has a 50-day moving average of $179.50 and a 200 day moving average of $169.31. 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 released its quarterly earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.36 by $0.12. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The company had revenue of $7.30 billion during the quarter, compared to the consensus estimate of $7.21 billion. During the same period in the prior year, the firm earned $2.12 earnings per share. Applied Materials’s 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. On average, sell-side analysts forecast that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Dividend Announcement

The business also recently declared 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. This represents a $1.84 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, November 20th. Applied Materials’s dividend 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.