Obermeyer Wealth Partners Has $1.14 Million Position in Applied Materials, Inc. $AMAT

Obermeyer Wealth Partners lessened its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 11.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,225 shares of the manufacturing equipment provider’s stock after selling 795 shares during the quarter. Obermeyer Wealth Partners’ holdings in Applied Materials were worth $1,140,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC grew its holdings in shares of Applied Materials by 28.0% during the fourth quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock worth $2,061,000 after purchasing an additional 2,771 shares during the last quarter. Silver Oak Securities Incorporated raised its stake in shares of Applied Materials by 4.7% during the first quarter. Silver Oak Securities Incorporated now owns 1,506 shares of the manufacturing equipment provider’s stock valued at $218,000 after acquiring an additional 68 shares during the last quarter. OneDigital Investment Advisors LLC lifted its holdings in shares of Applied Materials by 5.6% during the first quarter. OneDigital Investment Advisors LLC now owns 10,923 shares of the manufacturing equipment provider’s stock worth $1,585,000 after purchasing an additional 579 shares during the period. Capital Investment Advisory Services LLC grew its stake in shares of Applied Materials by 18.5% in the first quarter. Capital Investment Advisory Services LLC now owns 7,878 shares of the manufacturing equipment provider’s stock worth $1,143,000 after purchasing an additional 1,232 shares during the last quarter. Finally, Truist Financial Corp increased its holdings in Applied Materials by 8.9% in the first quarter. Truist Financial Corp now owns 628,626 shares of the manufacturing equipment provider’s stock valued at $91,226,000 after purchasing an additional 51,302 shares during the period. 80.56% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

AMAT has been the topic of a number of analyst reports. Mizuho upped their price target on Applied Materials from $175.00 to $215.00 and gave the company a “neutral” rating in a research report on Thursday, October 16th. Citigroup decreased their target price on shares of Applied Materials from $220.00 to $205.00 and set a “buy” rating for the company in a research report on Friday, August 15th. Weiss Ratings restated a “hold (c)” rating on shares of Applied Materials in a research report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Applied Materials from $200.00 to $170.00 and set a “hold” rating for the company in a research report on Friday, August 15th. Finally, Daiwa Capital Markets reaffirmed a “neutral” rating and set a $170.00 price target (down previously from $185.00) on shares of Applied Materials in a research report on Wednesday, August 20th. 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 has a consensus rating of “Moderate Buy” and an average target price of $210.96.

Applied Materials Trading Up 0.2%

Shares of AMAT opened at $233.10 on Monday. 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 1-year low of $123.74 and a 1-year high of $242.50. The stock has a market capitalization of $185.70 billion, a P/E ratio of 27.78, a P/E/G ratio of 2.95 and a beta of 1.82. The business’s 50-day moving average price is $198.20 and its 200 day moving average price is $181.18.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.36 by $0.12. The firm had revenue of $7.30 billion during 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 business’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same period in the prior year, the business earned $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Analysts expect that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be issued a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 0.8%. The ex-dividend date is Thursday, November 20th. Applied Materials’s dividend payout ratio (DPR) is 21.93%.

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.