Evermay Wealth Management LLC Reduces Position in Applied Materials, Inc. $AMAT

Evermay Wealth Management LLC reduced its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 2.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,984 shares of the manufacturing equipment provider’s stock after selling 85 shares during the quarter. Evermay Wealth Management LLC’s holdings in Applied Materials were worth $546,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in AMAT. Runnymede Capital Advisors Inc. lifted its holdings in Applied Materials by 972.2% in the 1st quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider’s stock valued at $28,000 after purchasing an additional 175 shares in the last quarter. Smallwood Wealth Investment Management LLC acquired a new position in shares of Applied Materials in the first quarter valued at approximately $29,000. Maseco LLP purchased a new position in shares of Applied Materials during the second quarter valued at approximately $30,000. Clal Insurance Enterprises Holdings Ltd lifted its stake in shares of Applied Materials by 435.0% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider’s stock valued at $31,000 after buying an additional 174 shares during the period. Finally, Activest Wealth Management boosted its position in Applied Materials by 5,325.0% during the first quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider’s stock worth $31,000 after acquiring an additional 213 shares during the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Stock Down 1.2%

Shares of Applied Materials stock opened at $224.99 on Monday. The company has a fifty day moving average price of $186.80 and a 200 day moving average price of $174.57. 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 twelve month low of $123.74 and a twelve month high of $232.07. The stock has a market cap of $179.24 billion, a price-to-earnings ratio of 26.82, a price-to-earnings-growth ratio of 2.81 and a beta of 1.82.

Applied Materials (NASDAQ:AMAT) last announced its 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 for 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 company’s revenue was up 7.7% on a year-over-year basis. During the same period last year, the business posted $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Equities research analysts forecast that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

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

Wall Street Analyst Weigh In

Several brokerages have weighed in on AMAT. Mizuho boosted their price target on Applied Materials from $175.00 to $215.00 and gave the company a “neutral” rating in a report on Thursday. DZ Bank downgraded Applied Materials from a “hold” rating to a “sell” rating and set a $150.00 target price on the stock. in a research report on Friday, August 15th. Evercore ISI reissued an “outperform” rating and issued a $209.00 price target on shares of Applied Materials in a research note on Friday, August 15th. Rothschild & Co Redburn downgraded shares of Applied Materials from a “buy” rating to a “neutral” rating and set a $200.00 price objective for the company. in a research note on Monday, July 7th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Applied Materials in a research report on Wednesday, October 8th. Eighteen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $206.08.

Applied Materials 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.