Applied Materials, Inc. $AMAT Shares Bought by D.A. Davidson & CO.

D.A. Davidson & CO. grew its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 0.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,806 shares of the manufacturing equipment provider’s stock after acquiring an additional 384 shares during the period. D.A. Davidson & CO.’s holdings in Applied Materials were worth $12,596,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Blume Capital Management Inc. grew its holdings in Applied Materials by 0.8% during 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 in the last quarter. Cullen Frost Bankers Inc. grew its holdings in Applied Materials by 4.1% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 56,835 shares of the manufacturing equipment provider’s stock worth $10,405,000 after acquiring an additional 2,214 shares in the last quarter. Wallace Advisory Group LLC grew its holdings in Applied Materials by 26.6% during the 2nd quarter. Wallace Advisory Group LLC now owns 2,854 shares of the manufacturing equipment provider’s stock worth $522,000 after acquiring an additional 600 shares in the last quarter. Jackson Thornton Wealth Management LLC acquired a new position in Applied Materials during the 2nd quarter worth $248,000. Finally, Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of Applied Materials by 1.1% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 6,174 shares of the manufacturing equipment provider’s stock valued at $1,130,000 after buying an additional 66 shares during the period. 80.56% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently commented on AMAT shares. Mizuho lifted their price target on shares of Applied Materials from $175.00 to $215.00 and gave the company a “neutral” rating in a report on Thursday, October 16th. Redburn Atlantic lowered shares of Applied Materials from a “strong-buy” rating to a “hold” rating and decreased their price target for the company from $225.00 to $200.00 in a report on Monday, July 7th. KeyCorp lifted their price target on shares of Applied Materials from $220.00 to $240.00 and gave the company an “overweight” rating in a report on Friday, October 10th. Wolfe Research decreased their price target on shares of Applied Materials from $230.00 to $200.00 and set an “outperform” rating for the company in a report on Friday, August 15th. Finally, Rothschild & Co Redburn lowered shares of Applied Materials from a “buy” rating to a “neutral” rating and set a $200.00 price target for the company. in a report on Monday, July 7th. Eighteen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $209.15.

Applied Materials Trading Down 2.4%

Shares of NASDAQ:AMAT opened at $220.56 on Thursday. The company has a market cap of $175.71 billion, a PE ratio of 26.29, a P/E/G ratio of 2.83 and a beta of 1.82. The company’s 50-day moving average price is $189.03 and its 200 day moving average price is $175.94. Applied Materials, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $232.07. The company has a quick ratio of 1.76, a current ratio of 2.50 and a debt-to-equity ratio of 0.28.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings data 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. The firm had revenue of $7.30 billion for the quarter, compared to the consensus estimate of $7.21 billion. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. Applied Materials’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same period last year, the firm posted $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Sell-side analysts anticipate that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders 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 dividend yield of 0.8%. The ex-dividend date is Thursday, November 20th. 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.