Puzo Michael J Takes Position in Applied Materials, Inc. $AMAT

Puzo Michael J purchased a new stake in Applied Materials, Inc. (NASDAQ:AMAT) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 9,296 shares of the manufacturing equipment provider’s stock, valued at approximately $1,702,000.

Other large investors have also modified their holdings of the company. Shelton Wealth Management LLC lifted its holdings in Applied Materials by 1.5% during the second quarter. Shelton Wealth Management LLC now owns 3,398 shares of the manufacturing equipment provider’s stock valued at $622,000 after purchasing an additional 51 shares in the last quarter. Octavia Wealth Advisors LLC lifted its holdings in Applied Materials by 0.8% during the second quarter. Octavia Wealth Advisors LLC now owns 6,200 shares of the manufacturing equipment provider’s stock valued at $1,135,000 after purchasing an additional 51 shares in the last quarter. Narus Financial Partners LLC lifted its holdings in Applied Materials by 3.8% during the second quarter. Narus Financial Partners LLC now owns 1,433 shares of the manufacturing equipment provider’s stock valued at $262,000 after purchasing an additional 52 shares in the last quarter. AdvisorNet Financial Inc lifted its holdings in Applied Materials by 2.7% during the second quarter. AdvisorNet Financial Inc now owns 1,958 shares of the manufacturing equipment provider’s stock valued at $358,000 after purchasing an additional 52 shares in the last quarter. Finally, Encompass Wealth Advisors LLC lifted its holdings in Applied Materials by 3.4% during the second quarter. Encompass Wealth Advisors LLC now owns 1,601 shares of the manufacturing equipment provider’s stock valued at $293,000 after purchasing an additional 53 shares in the last quarter. Institutional investors own 80.56% of the company’s stock.

Wall Street Analyst Weigh In

AMAT has been the topic of several recent analyst reports. Barclays increased their price objective on shares of Applied Materials from $160.00 to $170.00 and gave the company an “equal weight” rating in a report on Monday, July 28th. Summit Insights cut shares of Applied Materials from a “buy” rating to a “hold” rating in a research report on Friday, August 15th. Redburn Atlantic cut shares of Applied Materials from a “strong-buy” rating to a “hold” rating and reduced their target price for the company from $225.00 to $200.00 in a research report on Monday, July 7th. DZ Bank cut shares of Applied Materials from a “hold” rating to a “sell” rating and set a $150.00 target price for the company. in a research report on Friday, August 15th. Finally, UBS Group reduced their target price on shares of Applied Materials from $185.00 to $180.00 and set a “neutral” rating for the company in a research report on Friday, August 15th. Seventeen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Applied Materials has a consensus rating of “Moderate Buy” and a consensus price target of $195.12.

Applied Materials Price Performance

Applied Materials stock opened at $211.56 on Wednesday. Applied Materials, Inc. has a 12-month low of $123.74 and a 12-month high of $226.49. The stock has a market cap of $168.54 billion, a P/E ratio of 25.22, a PEG ratio of 2.93 and a beta of 1.82. The company has a 50-day moving average price of $180.63 and a 200 day moving average price of $170.31. 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 released its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, topping 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 analysts’ expectations of $7.21 billion. During the same period last year, the business earned $2.12 earnings per share. Applied Materials’s 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. Sell-side analysts anticipate that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Announces Dividend

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

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.