Jacobsen Capital Management Makes New $278,000 Investment in Applied Materials, Inc. $AMAT

Jacobsen Capital Management bought a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 1,516 shares of the manufacturing equipment provider’s stock, valued at approximately $278,000.

Several other institutional investors have also modified their holdings of AMAT. D.A. Davidson & CO. grew its stake in shares of Applied Materials by 0.6% in the second quarter. D.A. Davidson & CO. now owns 68,806 shares of the manufacturing equipment provider’s stock worth $12,596,000 after purchasing an additional 384 shares in the last quarter. Blume Capital Management Inc. grew its holdings in shares of Applied Materials by 0.8% in the 2nd quarter. Blume Capital Management Inc. now owns 44,062 shares of the manufacturing equipment provider’s stock worth $8,066,000 after acquiring an additional 368 shares during the last quarter. Cullen Frost Bankers Inc. lifted its stake in Applied Materials by 4.1% during the second quarter. Cullen Frost Bankers Inc. now owns 56,835 shares of the manufacturing equipment provider’s stock valued at $10,405,000 after buying an additional 2,214 shares in the last quarter. Wallace Advisory Group LLC lifted its position in shares of Applied Materials by 26.6% in the 2nd quarter. Wallace Advisory Group LLC now owns 2,854 shares of the manufacturing equipment provider’s stock valued at $522,000 after acquiring an additional 600 shares in the last quarter. Finally, Jackson Thornton Wealth Management LLC purchased a new stake in shares of Applied Materials in the second quarter valued at $248,000. Institutional investors own 80.56% of the company’s stock.

Applied Materials Stock Performance

Shares of NASDAQ:AMAT opened at $226.00 on Wednesday. Applied Materials, Inc. has a 1-year low of $123.74 and a 1-year high of $232.07. The stock has a market capitalization of $180.04 billion, a P/E ratio of 26.94, a P/E/G ratio of 2.85 and a beta of 1.82. The company has a current ratio of 2.50, a quick ratio of 1.76 and a debt-to-equity ratio of 0.28. The business has a 50-day moving average price of $188.42 and a two-hundred day moving average price of $175.63.

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

Applied Materials Announces Dividend

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 issued a dividend of $0.46 per share. The ex-dividend date 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 currently 21.93%.

Wall Street Analyst Weigh In

AMAT has been the subject of a number of research reports. Redburn Atlantic lowered Applied Materials from a “strong-buy” rating to a “hold” rating and decreased their price objective for the stock from $225.00 to $200.00 in a research report on Monday, July 7th. Deutsche Bank Aktiengesellschaft decreased their target price on Applied Materials from $200.00 to $170.00 and set a “hold” rating for the company in a research report on Friday, August 15th. The Goldman Sachs Group boosted their price objective on Applied Materials from $215.00 to $250.00 and gave the stock a “buy” rating in a research report on Thursday, October 9th. Weiss Ratings restated a “hold (c)” rating on shares of Applied Materials in a report on Wednesday, October 8th. Finally, Barclays boosted their price target on shares of Applied Materials from $170.00 to $250.00 and gave the company an “equal weight” rating in a report on Monday. Eighteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $209.15.

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.