Traub Capital Management LLC Buys Shares of 772 Applied Materials, Inc. $AMAT

Traub Capital Management LLC purchased a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT) during the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 772 shares of the manufacturing equipment provider’s stock, valued at approximately $141,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AMAT. Wealthspire Advisors LLC boosted its position in shares of Applied Materials by 4.1% in the 2nd quarter. Wealthspire Advisors LLC now owns 8,754 shares of the manufacturing equipment provider’s stock worth $1,603,000 after buying an additional 342 shares in the last quarter. Purus Wealth Management LLC grew its position in shares of Applied Materials by 4.8% in the second quarter. Purus Wealth Management LLC now owns 3,672 shares of the manufacturing equipment provider’s stock valued at $672,000 after purchasing an additional 167 shares during the period. Portside Wealth Group LLC increased its stake in shares of Applied Materials by 23.3% during the 2nd quarter. Portside Wealth Group LLC now owns 10,708 shares of the manufacturing equipment provider’s stock valued at $1,960,000 after acquiring an additional 2,020 shares during the last quarter. Shoker Investment Counsel Inc. increased its position in Applied Materials by 0.4% during the second quarter. Shoker Investment Counsel Inc. now owns 16,550 shares of the manufacturing equipment provider’s stock worth $3,030,000 after purchasing an additional 65 shares during the last quarter. Finally, United Advisor Group LLC raised its position in shares of Applied Materials by 12.3% in the 2nd quarter. United Advisor Group LLC now owns 2,134 shares of the manufacturing equipment provider’s stock worth $391,000 after buying an additional 233 shares during the period. 80.56% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have issued reports on AMAT. Craig Hallum reiterated a “hold” rating and set a $190.00 price objective on shares of Applied Materials in a research note on Friday, November 14th. Stifel Nicolaus increased their price objective on shares of Applied Materials from $215.00 to $250.00 and gave the company a “buy” rating in a research report on Tuesday, November 11th. Summit Insights cut shares of Applied Materials from a “buy” rating to a “hold” rating in a research report on Friday, August 15th. Needham & Company LLC restated a “buy” rating and issued a $260.00 target price on shares of Applied Materials in a research note on Friday, November 14th. Finally, Citigroup lifted their price target on shares of Applied Materials from $205.00 to $250.00 and gave the stock a “buy” rating in a research note on Friday, November 14th. Nineteen equities research analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company. According to data from MarketBeat, Applied Materials presently has a consensus rating of “Moderate Buy” and a consensus target price of $226.74.

Applied Materials Stock Up 4.4%

AMAT stock opened at $235.13 on Thursday. 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 firm has a 50 day simple moving average of $216.28 and a 200-day simple moving average of $188.70. The company has a market capitalization of $187.31 billion, a P/E ratio of 28.03, a PEG ratio of 2.95 and a beta of 1.84. Applied Materials, Inc. has a twelve month low of $123.74 and a twelve month high of $242.50.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings data on Thursday, November 13th. The manufacturing equipment provider reported $2.17 EPS for the quarter, beating analysts’ consensus estimates of $2.11 by $0.06. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The firm’s revenue was down 3.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.32 EPS. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. On average, equities research analysts predict that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be paid a dividend of $0.46 per share. 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 is presently 21.20%.

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.