Applied Materials, Inc. $AMAT Shares Acquired by Csenge Advisory Group

Csenge Advisory Group grew its position in Applied Materials, Inc. (NASDAQ:AMAT) by 2.1% in the second quarter, HoldingsChannel reports. The fund owned 12,193 shares of the manufacturing equipment provider’s stock after acquiring an additional 250 shares during the quarter. Csenge Advisory Group’s holdings in Applied Materials were worth $2,232,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of AMAT. Nuveen LLC acquired a new position in Applied Materials in the 1st quarter worth about $1,085,600,000. Kingstone Capital Partners Texas LLC acquired a new position in shares of Applied Materials during the 2nd quarter worth approximately $882,396,000. Pacer Advisors Inc. raised its stake 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 during the period. Price T Rowe Associates Inc. MD raised its stake in shares of Applied Materials by 43.6% during 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 period. Finally, Ameriprise Financial Inc. raised its position in Applied Materials by 23.6% during the first quarter. Ameriprise Financial Inc. now owns 7,860,838 shares of the manufacturing equipment provider’s stock worth $1,140,836,000 after acquiring an additional 1,502,995 shares during the period. Institutional investors and hedge funds own 80.56% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on AMAT shares. JPMorgan Chase & Co. upped their price objective on shares of Applied Materials from $210.00 to $220.00 and gave the stock an “overweight” rating in a research report on Friday, August 15th. DZ Bank downgraded shares of Applied Materials from a “hold” rating to a “sell” rating and set a $150.00 price target for the company. in a research report on Friday, August 15th. Wolfe Research reduced their target price on Applied Materials from $230.00 to $200.00 and set an “outperform” rating for the company in a report on Friday, August 15th. Morgan Stanley reissued an “overweight” rating and set a $256.00 target price on shares of Applied Materials in a report on Friday, October 31st. Finally, The Goldman Sachs Group increased their target price on Applied Materials from $215.00 to $250.00 and gave the company a “buy” rating in a report on Thursday, October 9th. Eighteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Applied Materials has an average rating of “Moderate Buy” and a consensus target price of $210.96.

Applied Materials Stock Up 4.6%

AMAT stock opened at $240.89 on Thursday. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $242.50. 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 company has a market cap of $191.90 billion, a price-to-earnings ratio of 28.71, a PEG ratio of 2.95 and a beta of 1.84. The firm has a 50-day moving average of $202.56 and a two-hundred day moving average of $182.95.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 EPS for the quarter, beating 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 firm had revenue of $7.30 billion during the quarter, compared to analysts’ expectations of $7.21 billion. During the same quarter last year, the firm earned $2.12 earnings per share. The business’s revenue for the quarter was up 7.7% on a year-over-year basis. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, analysts forecast 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. Investors of record on Thursday, November 20th will be given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a 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.