Parcion Private Wealth LLC Takes $638,000 Position in Applied Materials, Inc. $AMAT

Parcion Private Wealth LLC acquired a new stake in Applied Materials, Inc. (NASDAQ:AMAT) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,485 shares of the manufacturing equipment provider’s stock, valued at approximately $638,000.

Several other large investors have also made changes to their positions in AMAT. Smallwood Wealth Investment Management LLC purchased a new stake in shares of Applied Materials in the first quarter worth about $29,000. Maseco LLP purchased a new stake in shares of Applied Materials in the second quarter worth about $30,000. Clal Insurance Enterprises Holdings Ltd lifted its position in shares of Applied Materials by 435.0% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider’s stock worth $31,000 after buying an additional 174 shares in the last quarter. Activest Wealth Management lifted its position in shares of Applied Materials by 5,325.0% in the first quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider’s stock worth $31,000 after buying an additional 213 shares in the last quarter. Finally, Disciplina Capital Management LLC lifted its position in shares of Applied Materials by 91.5% in the first quarter. Disciplina Capital Management LLC now owns 272 shares of the manufacturing equipment provider’s stock worth $39,000 after buying an additional 130 shares in the last quarter. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

AMAT has been the topic of a number of research analyst reports. Redburn Atlantic downgraded Applied Materials from a “strong-buy” rating to a “hold” rating and decreased their target price for the stock from $225.00 to $200.00 in a research report on Monday, July 7th. Rothschild & Co Redburn lowered Applied Materials from a “buy” rating to a “neutral” rating and set a $200.00 price target on the stock. in a report on Monday, July 7th. B. Riley increased their price target on Applied Materials from $200.00 to $265.00 and gave the company a “buy” rating in a report on Friday, October 10th. Daiwa Capital Markets restated a “neutral” rating and set a $170.00 price target (down previously from $185.00) on shares of Applied Materials in a report on Wednesday, August 20th. Finally, Morgan Stanley raised Applied Materials from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $172.00 to $209.00 in a research note on Monday, September 22nd. Eighteen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $209.15.

Applied Materials Stock Down 2.4%

Shares of NASDAQ:AMAT opened at $220.56 on Thursday. Applied Materials, Inc. has a 52-week low of $123.74 and a 52-week high of $232.07. The stock has a market cap of $175.71 billion, a P/E ratio of 26.29, a price-to-earnings-growth ratio of 2.83 and a beta of 1.82. The business’s 50 day moving average is $189.03 and its 200 day moving average is $175.94. 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 announced its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, topping 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 company had revenue of $7.30 billion for the quarter, compared to analysts’ expectations of $7.21 billion. During the same quarter in the prior year, the firm earned $2.12 earnings per share. 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 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 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 yield of 0.8%. Applied Materials’s dividend payout ratio is 21.93%.

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.