Franklin Street Advisors Inc. NC Purchases 300 Shares of Applied Materials, Inc. $AMAT

Franklin Street Advisors Inc. NC lifted its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 9.9% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,326 shares of the manufacturing equipment provider’s stock after purchasing an additional 300 shares during the quarter. Franklin Street Advisors Inc. NC’s holdings in Applied Materials were worth $609,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in AMAT. Brighton Jones LLC boosted its holdings 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 worth $2,061,000 after acquiring an additional 2,771 shares in the last quarter. Beacon Financial Group boosted its holdings in Applied Materials by 9.6% in the first quarter. Beacon Financial Group now owns 1,661 shares of the manufacturing equipment provider’s stock worth $241,000 after acquiring an additional 145 shares in the last quarter. Fermata Advisors LLC boosted its holdings in Applied Materials by 8.6% in the first quarter. Fermata Advisors LLC now owns 2,878 shares of the manufacturing equipment provider’s stock worth $418,000 after acquiring an additional 227 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in Applied Materials by 1.3% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 6,073 shares of the manufacturing equipment provider’s stock worth $881,000 after acquiring an additional 77 shares in the last quarter. Finally, Thrive Wealth Management LLC boosted its holdings in Applied Materials by 9.6% in the first quarter. Thrive Wealth Management LLC now owns 1,819 shares of the manufacturing equipment provider’s stock worth $264,000 after acquiring an additional 160 shares in the last quarter. 80.56% of the stock is owned by institutional investors.

Applied Materials Stock Down 2.7%

Applied Materials stock opened at $217.53 on Friday. The stock has a market cap of $173.29 billion, a PE ratio of 25.93, a price-to-earnings-growth ratio of 2.93 and a beta of 1.82. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.76 and a current ratio of 2.50. Applied Materials, Inc. has a one year low of $123.74 and a one year high of $226.41. The stock has a fifty day moving average of $179.50 and a 200 day moving average of $169.31.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings data 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. The company had revenue of $7.30 billion during the quarter, compared to analysts’ expectations of $7.21 billion. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.Applied Materials’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, sell-side analysts predict that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Dividend Announcement

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

Wall Street Analysts Forecast Growth

AMAT has been the topic of several analyst reports. TD Cowen dropped their target price on Applied Materials from $220.00 to $200.00 and set a “buy” rating on the stock in a report on Friday, August 15th. Cfra Research raised Applied Materials to a “hold” rating in a report on Friday, August 15th. Wall Street Zen cut Applied Materials from a “buy” rating to a “hold” rating in a research note on Saturday, June 14th. Morgan Stanley upgraded Applied Materials from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $172.00 to $209.00 in a research note on Monday, September 22nd. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on Applied Materials from $200.00 to $170.00 and set a “hold” rating for the company in a research note on Friday, August 15th. Seventeen investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $195.12.

Applied Materials Company 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.