IMA Advisory Services Inc. Buys 4,524 Shares of Applied Materials, Inc. $AMAT

IMA Advisory Services Inc. increased its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 75.8% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 10,494 shares of the manufacturing equipment provider’s stock after acquiring an additional 4,524 shares during the quarter. IMA Advisory Services Inc.’s holdings in Applied Materials were worth $1,921,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Nuveen LLC bought a new position in shares of Applied Materials during the first quarter valued at about $1,085,600,000. Kingstone Capital Partners Texas LLC purchased a new stake in Applied Materials in the 2nd quarter valued at about $882,396,000. Pacer Advisors Inc. lifted its position in shares of Applied Materials by 2,401.0% during the 1st quarter. Pacer Advisors Inc. now owns 3,066,817 shares of the manufacturing equipment provider’s stock worth $445,056,000 after buying an additional 2,944,193 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Applied Materials by 43.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,573,673 shares of the manufacturing equipment provider’s stock worth $808,853,000 after buying an additional 1,691,428 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of Applied Materials by 23.6% in the first quarter. Ameriprise Financial Inc. now owns 7,860,838 shares of the manufacturing equipment provider’s stock valued at $1,140,836,000 after acquiring an additional 1,502,995 shares in the last quarter. Institutional investors own 80.56% of the company’s stock.

Wall Street Analyst Weigh In

AMAT has been the topic of several research analyst reports. Stifel Nicolaus set a $250.00 price objective on Applied Materials in a research report on Tuesday. Mizuho boosted their price target on shares of Applied Materials from $175.00 to $215.00 and gave the stock a “neutral” rating in a report on Thursday, October 16th. Summit Insights downgraded shares of Applied Materials from a “buy” rating to a “hold” rating in a report on Friday, August 15th. B. Riley lifted their price objective on shares of Applied Materials from $200.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, October 10th. Finally, DZ Bank cut shares of Applied Materials from a “hold” rating to a “sell” rating and set a $150.00 price target on the stock. in a report on Friday, August 15th. Eighteen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $212.31.

Applied Materials Stock Performance

NASDAQ AMAT opened at $235.08 on Tuesday. The company’s 50 day moving average is $206.80 and its 200-day moving average is $185.16. The firm has a market cap of $187.27 billion, a P/E ratio of 28.02, a price-to-earnings-growth ratio of 2.95 and a beta of 1.84. Applied Materials, Inc. has a 12-month low of $123.74 and a 12-month high of $242.50. 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 earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.36 by $0.12. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The business had revenue of $7.30 billion for the quarter, compared to analysts’ expectations of $7.21 billion. During the same quarter in the previous year, the firm posted $2.12 EPS. The business’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. Sell-side analysts predict that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Announces Dividend

The business also recently announced 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 annualized dividend and a yield of 0.8%. Applied Materials’s dividend payout ratio (DPR) is currently 21.93%.

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.