Rede Wealth LLC Has $1.35 Million Position in Applied Materials, Inc. $AMAT

Rede Wealth LLC lifted its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 1.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,390 shares of the manufacturing equipment provider’s stock after purchasing an additional 125 shares during the period. Applied Materials accounts for 0.5% of Rede Wealth LLC’s portfolio, making the stock its 21st largest position. Rede Wealth LLC’s holdings in Applied Materials were worth $1,353,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also modified their holdings of the company. Maseco LLP acquired a new stake in Applied Materials during the 2nd quarter worth $30,000. Clal Insurance Enterprises Holdings Ltd grew its holdings in Applied Materials by 435.0% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider’s stock worth $31,000 after acquiring an additional 174 shares during the period. Activest Wealth Management grew its holdings in Applied Materials by 5,325.0% during the 1st 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 period. Disciplina Capital Management LLC grew its holdings in shares of Applied Materials by 91.5% in the 1st quarter. Disciplina Capital Management LLC now owns 272 shares of the manufacturing equipment provider’s stock valued at $39,000 after buying an additional 130 shares during the period. Finally, Greenline Partners LLC acquired a new position in shares of Applied Materials in the 1st quarter valued at $39,000. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Stock Up 0.2%

Shares of AMAT stock opened at $233.10 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 firm’s 50-day moving average is $198.20 and its 200-day moving average is $180.64. The stock has a market cap of $185.70 billion, a price-to-earnings ratio of 27.78, a PEG ratio of 2.95 and a beta of 1.82. Applied Materials, Inc. has a 52-week low of $123.74 and a 52-week high of $242.50.

Applied Materials (NASDAQ:AMAT) last issued its earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.36 by $0.12. The company had revenue of $7.30 billion for the quarter, compared to analysts’ expectations of $7.21 billion. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. Applied Materials’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Sell-side analysts predict that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Dividend Announcement

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

Wall Street Analyst Weigh In

AMAT has been the subject of several research analyst reports. Daiwa Capital Markets reissued a “neutral” rating and issued a $170.00 price target (down previously from $185.00) on shares of Applied Materials in a report on Wednesday, August 20th. The Goldman Sachs Group upped their target price on shares of Applied Materials from $215.00 to $250.00 and gave the stock a “buy” rating in a research note on Thursday, October 9th. Cfra Research upgraded Applied Materials to a “hold” rating in a report on Friday, August 15th. JPMorgan Chase & Co. lifted their price target on Applied Materials from $210.00 to $220.00 and gave the company an “overweight” rating in a research note on Friday, August 15th. Finally, TD Cowen dropped their price target on Applied Materials from $220.00 to $200.00 and set a “buy” rating on the stock in a research note on Friday, August 15th. Eighteen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Applied Materials presently has a consensus rating of “Moderate Buy” and a consensus price target of $210.96.

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.