Bank Hapoalim BM Purchases 889 Shares of Applied Materials, Inc. $AMAT

Bank Hapoalim BM boosted its position in Applied Materials, Inc. (NASDAQ:AMAT) by 29.8% in the second quarter, HoldingsChannel.com reports. The firm owned 3,870 shares of the manufacturing equipment provider’s stock after acquiring an additional 889 shares during the period. Bank Hapoalim BM’s holdings in Applied Materials were worth $708,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Avity Investment Management Inc. increased its holdings in shares of 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 acquiring an additional 8,680 shares in the last quarter. Leonard Rickey Investment Advisors P.L.L.C. acquired a new position in shares of Applied Materials during the first quarter valued at about $230,000. Generali Investments Towarzystwo Funduszy Inwestycyjnych increased its holdings in shares of 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 acquiring an additional 3,000 shares in the last quarter. Redwood Investment Management LLC increased its holdings in shares of 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 acquiring an additional 9,781 shares in the last quarter. Finally, Gallacher Capital Management LLC acquired a new position in shares of Applied Materials during the second quarter valued at about $410,000. 80.56% of the stock is currently owned by institutional investors.

Applied Materials Trading Down 2.7%

Applied Materials stock opened at $217.53 on Friday. 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, Inc. has a 12 month low of $123.74 and a 12 month high of $226.41. The stock’s 50 day simple moving average is $179.50 and its two-hundred day simple moving average is $169.31. The firm has a market cap of $173.29 billion, a PE ratio of 25.93, a P/E/G ratio of 2.93 and a beta of 1.82.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings data 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 prior year, the firm posted $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. Analysts anticipate that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be given a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 0.8%. The ex-dividend date is Thursday, November 20th. Applied Materials’s dividend payout ratio is currently 21.93%.

Analyst Upgrades and Downgrades

AMAT has been the topic of several recent analyst reports. JPMorgan Chase & Co. upped their price objective on shares of Applied Materials from $210.00 to $220.00 and gave the company an “overweight” rating in a report on Friday, August 15th. UBS Group cut their price objective on shares of Applied Materials from $185.00 to $180.00 and set a “neutral” rating on the stock in a report on Friday, August 15th. Daiwa America downgraded shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 20th. Cantor Fitzgerald restated an “overweight” rating and set a $225.00 price objective on shares of Applied Materials in a report on Friday. Finally, TD Cowen cut their price objective on shares of Applied Materials from $220.00 to $200.00 and set a “buy” rating on the stock in a report on Friday, August 15th. Seventeen research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $195.12.

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.