Rehmann Capital Advisory Group Decreases Stock Holdings in Applied Materials, Inc. $AMAT

Rehmann Capital Advisory Group trimmed its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 10.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,982 shares of the manufacturing equipment provider’s stock after selling 810 shares during the period. Rehmann Capital Advisory Group’s holdings in Applied Materials were worth $1,278,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Shelton Wealth Management LLC raised its holdings in Applied Materials by 1.5% during the 2nd quarter. Shelton Wealth Management LLC now owns 3,398 shares of the manufacturing equipment provider’s stock valued at $622,000 after buying an additional 51 shares during the period. Octavia Wealth Advisors LLC raised its holdings in Applied Materials by 0.8% during the 2nd quarter. Octavia Wealth Advisors LLC now owns 6,200 shares of the manufacturing equipment provider’s stock valued at $1,135,000 after buying an additional 51 shares during the period. Narus Financial Partners LLC raised its holdings in Applied Materials by 3.8% during the 2nd quarter. Narus Financial Partners LLC now owns 1,433 shares of the manufacturing equipment provider’s stock valued at $262,000 after buying an additional 52 shares during the period. AdvisorNet Financial Inc raised its holdings in Applied Materials by 2.7% during the 2nd quarter. AdvisorNet Financial Inc now owns 1,958 shares of the manufacturing equipment provider’s stock valued at $358,000 after buying an additional 52 shares during the period. Finally, Encompass Wealth Advisors LLC raised its holdings in Applied Materials by 3.4% during the 2nd quarter. Encompass Wealth Advisors LLC now owns 1,601 shares of the manufacturing equipment provider’s stock valued at $293,000 after buying an additional 53 shares during the period. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Applied Materials Price Performance

Shares of AMAT stock opened at $220.56 on Thursday. Applied Materials, Inc. has a 1-year low of $123.74 and a 1-year high of $232.07. The stock’s 50-day moving average is $189.03 and its 200 day moving average is $175.94. The company has a market cap of $175.71 billion, a P/E ratio of 26.29, a PEG ratio of 2.83 and a beta of 1.82. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.50 and a quick ratio of 1.76.

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 analysts’ consensus estimates of $2.36 by $0.12. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The company had revenue of $7.30 billion for the quarter, compared to the consensus estimate of $7.21 billion. During the same quarter last year, the company earned $2.12 earnings per share. The firm’s revenue for the quarter 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. Research analysts predict that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be paid a $0.46 dividend. 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 dividend payout ratio (DPR) is 21.93%.

Analyst Upgrades and Downgrades

Several brokerages have commented on AMAT. B. Riley upped their price objective on Applied Materials from $200.00 to $265.00 and gave the company a “buy” rating in a research report on Friday, October 10th. The Goldman Sachs Group upped their price objective on Applied Materials from $215.00 to $250.00 and gave the company a “buy” rating in a research report on Thursday, October 9th. DZ Bank downgraded Applied Materials from a “hold” rating to a “sell” rating and set a $150.00 price objective on the stock. in a research report on Friday, August 15th. Evercore ISI reaffirmed an “outperform” rating and issued a $209.00 price objective on shares of Applied Materials in a research report on Friday, August 15th. Finally, Cfra Research raised Applied Materials to a “hold” rating in a research report on Friday, August 15th. Eighteen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Applied Materials presently has a consensus rating of “Moderate Buy” and a consensus price target of $209.15.

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.