Facet Wealth Inc. Has $256,000 Stock Holdings in Applied Materials, Inc. $AMAT

Facet Wealth Inc. lessened its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 29.9% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 1,420 shares of the manufacturing equipment provider’s stock after selling 606 shares during the period. Facet Wealth Inc.’s holdings in Applied Materials were worth $256,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of AMAT. Maseco LLP acquired a new position in shares of Applied Materials during the second quarter valued at about $30,000. Smallwood Wealth Investment Management LLC acquired a new position in Applied Materials in the 1st quarter valued at approximately $29,000. Clal Insurance Enterprises Holdings Ltd raised its holdings in Applied Materials by 435.0% in the 1st 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. Activest Wealth Management raised its holdings in Applied Materials by 5,325.0% in the 1st 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. Finally, RMG Wealth Management LLC acquired a new position in Applied Materials in the 2nd quarter valued at approximately $47,000. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Applied Materials Stock Up 1.1%

Shares of NASDAQ:AMAT opened at $231.33 on Tuesday. Applied Materials, Inc. has a one year low of $123.74 and a one year high of $235.79. The company has a 50 day moving average of $192.53 and a 200-day moving average of $178.39. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.50 and a quick ratio of 1.76. The stock has a market cap of $184.29 billion, a price-to-earnings ratio of 27.57, a P/E/G ratio of 2.86 and a beta of 1.82.

Applied Materials (NASDAQ:AMAT) last released its earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 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 firm had revenue of $7.30 billion during the quarter, compared to analyst estimates of $7.21 billion. During the same quarter in the previous year, the business earned $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. On average, sell-side analysts forecast 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. Investors of record on Thursday, November 20th will be paid a dividend of $0.46 per share. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.8%. Applied Materials’s payout ratio is 21.93%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. KeyCorp increased their price target on shares of Applied Materials from $220.00 to $240.00 and gave the stock an “overweight” rating in a research report on Friday, October 10th. Redburn Atlantic lowered Applied Materials from a “strong-buy” rating to a “hold” rating and lowered their target price for the company from $225.00 to $200.00 in a research note on Monday, July 7th. Evercore ISI restated an “outperform” rating and issued a $209.00 target price on shares of Applied Materials in a research note on Friday, August 15th. UBS Group lowered their price objective 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. Finally, Daiwa America cut shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 20th. Eighteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Applied Materials presently has an average rating of “Moderate Buy” and an average target price of $209.15.

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.