Twin City Private Wealth LLC Has $1.60 Million Position in Applied Materials, Inc. $AMAT

Twin City Private Wealth LLC increased its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 58.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,711 shares of the manufacturing equipment provider’s stock after purchasing an additional 3,200 shares during the quarter. Twin City Private Wealth LLC’s holdings in Applied Materials were worth $1,595,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Brighton Jones LLC lifted its stake in Applied Materials by 28.0% in the fourth quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock valued at $2,061,000 after acquiring an additional 2,771 shares during the last quarter. Golden State Wealth Management LLC lifted its stake in Applied Materials by 3.4% in the first quarter. Golden State Wealth Management LLC now owns 4,447 shares of the manufacturing equipment provider’s stock valued at $645,000 after acquiring an additional 146 shares during the last quarter. Rossby Financial LCC acquired a new stake in Applied Materials in the first quarter valued at approximately $80,000. Pinnacle Financial Partners Inc lifted its stake in Applied Materials by 3.3% in the first quarter. Pinnacle Financial Partners Inc now owns 2,315 shares of the manufacturing equipment provider’s stock valued at $336,000 after acquiring an additional 74 shares during the last quarter. Finally, Private Trust Co. NA lifted its stake in Applied Materials by 11.9% in the first quarter. Private Trust Co. NA now owns 8,294 shares of the manufacturing equipment provider’s stock valued at $1,204,000 after acquiring an additional 882 shares during the last quarter. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have issued reports on AMAT. Evercore ISI reiterated an “outperform” rating and issued a $209.00 target price on shares of Applied Materials in a research note on Friday, August 15th. B. Riley lifted their target price on shares of Applied Materials from $200.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, October 10th. Rothschild & Co Redburn cut shares of Applied Materials from a “buy” rating to a “neutral” rating and set a $200.00 target price for the company. in a research note on Monday, July 7th. Daiwa America cut shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 20th. Finally, Summit Insights lowered shares of Applied Materials from a “buy” rating to a “hold” rating in a research report on Friday, August 15th. Eighteen 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.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $210.96.

Applied Materials Trading Up 0.2%

NASDAQ:AMAT opened at $233.10 on Friday. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $242.50. The firm has a market cap of $185.70 billion, a price-to-earnings ratio of 27.78, a P/E/G ratio of 2.95 and a beta of 1.82. The company has a quick ratio of 1.76, a current ratio of 2.50 and a debt-to-equity ratio of 0.28. The company’s 50 day moving average is $198.20 and its 200-day moving average is $180.64.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 EPS for the quarter, beating 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 company had revenue of $7.30 billion for the quarter, compared to analyst estimates of $7.21 billion. During the same quarter last year, the firm posted $2.12 earnings per share. The company’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. Equities analysts anticipate that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Announces Dividend

The business also recently announced 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. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $1.84 dividend on an annualized basis and a yield of 0.8%. Applied Materials’s payout ratio is 21.93%.

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.