Applied Materials, Inc. $AMAT Holdings Lifted by Agate Pass Investment Management LLC

Agate Pass Investment Management LLC grew its position in Applied Materials, Inc. (NASDAQ:AMAT) by 2.8% in the 2nd quarter, Holdings Channel.com reports. The firm owned 6,615 shares of the manufacturing equipment provider’s stock after buying an additional 180 shares during the period. Agate Pass Investment Management LLC’s holdings in Applied Materials were worth $1,211,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Runnymede Capital Advisors Inc. boosted its holdings in shares of Applied Materials by 972.2% in the first quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider’s stock valued at $28,000 after acquiring an additional 175 shares in the last quarter. Smallwood Wealth Investment Management LLC bought a new position in shares of Applied Materials in the first quarter valued at approximately $29,000. Maseco LLP bought a new position in shares of Applied Materials in the second quarter valued at approximately $30,000. Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of Applied Materials by 435.0% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider’s stock valued at $31,000 after acquiring an additional 174 shares in the last quarter. Finally, Activest Wealth Management boosted its holdings in shares of Applied Materials by 5,325.0% in the first quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider’s stock valued at $31,000 after acquiring an additional 213 shares in the last quarter. Institutional investors own 80.56% of the company’s stock.

Applied Materials Stock Down 4.7%

Shares of NASDAQ:AMAT opened at $209.95 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.76 and a current ratio of 2.50. The company has a market cap of $167.25 billion, a PE ratio of 25.02, a price-to-earnings-growth ratio of 2.89 and a beta of 1.82. Applied Materials, Inc. has a 52 week low of $123.74 and a 52 week high of $226.49. The firm has a 50 day simple moving average of $182.60 and a 200 day simple moving average of $171.47.

Applied Materials (NASDAQ:AMAT) last issued 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. The business had revenue of $7.30 billion during the quarter, compared to the consensus estimate of $7.21 billion. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The firm’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, research analysts expect that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Dividend Announcement

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

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. 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. Mizuho reissued a “neutral” rating and set a $175.00 target price (down from $200.00) on shares of Applied Materials in a research note on Friday, September 12th. KeyCorp increased their target price on shares of Applied Materials from $220.00 to $240.00 and gave the company an “overweight” rating in a research note on Friday. Redburn Atlantic lowered shares of Applied Materials from a “strong-buy” rating to a “hold” rating and cut their target price for the company from $225.00 to $200.00 in a research note on Monday, July 7th. Finally, Bank of America reissued a “neutral” rating and set a $180.00 target price (down from $190.00) on shares of Applied Materials in a research note on Friday, August 15th. Seventeen 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, Applied Materials presently has an average rating of “Moderate Buy” and an average price target of $200.50.

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.