Applied Materials, Inc. $AMAT is Curat Global LLC’s 7th Largest Position

Curat Global LLC lowered its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 36.9% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 13,681 shares of the manufacturing equipment provider’s stock after selling 8,000 shares during the period. Applied Materials makes up approximately 2.4% of Curat Global LLC’s investment portfolio, making the stock its 7th largest position. Curat Global LLC’s holdings in Applied Materials were worth $2,505,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Avity Investment Management Inc. boosted its position in shares of Applied Materials by 4.1% during the 2nd quarter. Avity Investment Management Inc. now owns 220,835 shares of the manufacturing equipment provider’s stock worth $40,428,000 after purchasing an additional 8,680 shares during the period. Generali Investments Towarzystwo Funduszy Inwestycyjnych boosted its position in shares of Applied Materials by 12.7% during the 1st quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 26,650 shares of the manufacturing equipment provider’s stock worth $3,867,000 after purchasing an additional 3,000 shares during the period. Redwood Investment Management LLC boosted its position in Applied Materials by 311.2% in the 1st quarter. Redwood Investment Management LLC now owns 12,924 shares of the manufacturing equipment provider’s stock valued at $1,876,000 after buying an additional 9,781 shares during the period. Gallacher Capital Management LLC purchased a new position in Applied Materials in the 2nd quarter valued at approximately $410,000. Finally, LifePlan Financial LLC purchased a new position in Applied Materials in the 2nd quarter valued at approximately $755,000. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Analyst Upgrades and Downgrades

AMAT has been the subject of several recent research reports. The Goldman Sachs Group raised their price target on shares of Applied Materials from $215.00 to $250.00 and gave the company a “buy” rating in a research report on Thursday, October 9th. Morgan Stanley raised shares of Applied Materials from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $172.00 to $209.00 in a research report on Monday, September 22nd. Barclays raised their price target on shares of Applied Materials from $170.00 to $250.00 and gave the company an “equal weight” rating in a research report on Monday, October 20th. Weiss Ratings reissued a “hold (c)” rating on shares of Applied Materials in a research report on Friday. Finally, JPMorgan Chase & Co. raised their price target on shares of Applied Materials from $210.00 to $220.00 and gave the company an “overweight” rating in a research report on Friday, August 15th. Eighteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $209.15.

Applied Materials Price Performance

Shares of AMAT opened at $228.75 on Monday. Applied Materials, Inc. has a twelve month low of $123.74 and a twelve month high of $232.07. The firm’s fifty day simple moving average is $191.18 and its 200-day simple moving average is $177.82. The firm has a market capitalization of $182.23 billion, a price-to-earnings ratio of 27.26, a PEG ratio of 2.86 and a beta of 1.82. The company has a current ratio of 2.50, a quick ratio of 1.76 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 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 analyst estimates of $7.21 billion. During the same period last year, the business earned $2.12 EPS. The company’s revenue was up 7.7% on a year-over-year basis. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Equities analysts forecast that Applied Materials, Inc. will post 9.38 EPS 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. Stockholders of record on Thursday, November 20th will be issued a $0.46 dividend. 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 dividend payout ratio (DPR) is presently 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.