Applied Materials, Inc. $AMAT Shares Sold by Astoria Portfolio Advisors LLC.

Astoria Portfolio Advisors LLC. decreased its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 4.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,353 shares of the manufacturing equipment provider’s stock after selling 152 shares during the quarter. Astoria Portfolio Advisors LLC.’s holdings in Applied Materials were worth $631,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Concord Asset Management LLC VA grew its holdings in shares of Applied Materials by 0.7% during the second quarter. Concord Asset Management LLC VA now owns 12,601 shares of the manufacturing equipment provider’s stock valued at $2,307,000 after buying an additional 89 shares during the last quarter. Sequoia Financial Advisors LLC boosted its holdings in Applied Materials by 22.1% in the second quarter. Sequoia Financial Advisors LLC now owns 45,420 shares of the manufacturing equipment provider’s stock valued at $8,315,000 after purchasing an additional 8,232 shares during the last quarter. Vest Financial LLC boosted its holdings in Applied Materials by 17.1% in the second quarter. Vest Financial LLC now owns 261,605 shares of the manufacturing equipment provider’s stock valued at $47,892,000 after purchasing an additional 38,127 shares during the last quarter. Lion Street Advisors LLC purchased a new stake in Applied Materials in the second quarter valued at $204,000. Finally, MGO One Seven LLC boosted its holdings in Applied Materials by 23.9% in the second quarter. MGO One Seven LLC now owns 28,693 shares of the manufacturing equipment provider’s stock valued at $5,253,000 after purchasing an additional 5,533 shares during the last quarter. 80.56% of the stock is owned by hedge funds and other institutional investors.

Applied Materials Stock Down 4.7%

AMAT opened at $209.95 on Monday. Applied Materials, Inc. has a twelve month low of $123.74 and a twelve month high of $226.49. 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 has a 50-day moving average price of $182.60 and a 200 day moving average price of $171.79. The company has a market cap of $167.25 billion, a PE ratio of 25.02, a price-to-earnings-growth ratio of 2.75 and a beta of 1.82.

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, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $7.21 billion. During the same quarter in the prior year, the company earned $2.12 EPS. Applied Materials’s 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. Sell-side analysts expect that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be paid a $0.46 dividend. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $1.84 annualized dividend and a dividend yield of 0.9%. Applied Materials’s dividend payout ratio is 21.93%.

Analysts Set New Price Targets

AMAT has been the subject of a number of analyst reports. Daiwa Capital Markets reiterated a “neutral” rating and issued a $170.00 price objective (down previously from $185.00) on shares of Applied Materials in a research report on Wednesday, August 20th. UBS Group decreased 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. KeyCorp upped their price objective on shares of Applied Materials from $220.00 to $240.00 and gave the stock an “overweight” rating in a research report on Friday. Morgan Stanley upgraded shares of Applied Materials from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $172.00 to $209.00 in a research report on Monday, September 22nd. Finally, JPMorgan Chase & Co. upped their price objective on shares of Applied Materials from $210.00 to $220.00 and gave the stock an “overweight” rating in a research report on Friday, August 15th. Seventeen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $200.50.

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.