Applied Materials, Inc. $AMAT Shares Acquired by Mccarter Private Wealth Services LLC

Mccarter Private Wealth Services LLC lifted its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 9.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,744 shares of the manufacturing equipment provider’s stock after buying an additional 144 shares during the period. Mccarter Private Wealth Services LLC’s holdings in Applied Materials were worth $253,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in AMAT. Runnymede Capital Advisors Inc. raised its holdings in shares of Applied Materials by 972.2% during the first quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider’s stock worth $28,000 after purchasing an additional 175 shares during the last quarter. Smallwood Wealth Investment Management LLC purchased a new position in shares of Applied Materials during the first quarter worth $29,000. Clal Insurance Enterprises Holdings Ltd raised its holdings in shares of Applied Materials by 435.0% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider’s stock worth $31,000 after purchasing an additional 174 shares during the last quarter. Disciplina Capital Management LLC raised its holdings in shares of Applied Materials by 91.5% during the first quarter. Disciplina Capital Management LLC now owns 272 shares of the manufacturing equipment provider’s stock worth $39,000 after purchasing an additional 130 shares during the last quarter. Finally, Mascagni Wealth Management Inc. purchased a new position in shares of Applied Materials during the fourth quarter worth $44,000. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Applied Materials Stock Performance

AMAT opened at $159.84 on Friday. The firm has a market capitalization of $128.27 billion, a PE ratio of 19.05, a PEG ratio of 2.29 and a beta of 1.70. Applied Materials, Inc. has a twelve month low of $123.74 and a twelve month high of $215.70. The firm’s 50-day moving average price is $183.29 and its 200 day moving average price is $166.23. The company has a current ratio of 2.46, a quick ratio of 1.76 and a debt-to-equity ratio of 0.29.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share for the quarter, topping analysts’ consensus estimates of $2.36 by $0.12. The firm had revenue of $7.30 billion for the quarter, compared to analyst estimates of $7.21 billion. Applied Materials had a net margin of 23.88% and a return on equity of 41.31%. Applied Materials’s quarterly revenue was up 7.7% on a year-over-year basis. During the same period in the previous year, the business posted $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, sell-side analysts expect that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Applied Materials Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Thursday, August 21st will be given a dividend of $0.46 per share. The ex-dividend date is Thursday, August 21st. This represents a $1.84 dividend on an annualized basis and a yield of 1.2%. Applied Materials’s payout ratio is presently 21.93%.

Analysts Set New Price Targets

Several research analysts recently issued reports on AMAT shares. Morgan Stanley raised their target price on shares of Applied Materials from $169.00 to $172.00 and gave the stock an “equal weight” rating in a report on Friday, August 15th. Barclays lifted their price target on Applied Materials from $160.00 to $170.00 and gave the company an “equal weight” rating in a research note on Monday, July 28th. Stifel Nicolaus cut their price target on Applied Materials from $195.00 to $180.00 and set a “buy” rating for the company in a research note on Friday, August 15th. JPMorgan Chase & Co. lifted their price target on Applied Materials from $210.00 to $220.00 and gave the company an “overweight” rating in a research note on Friday, August 15th. Finally, Daiwa America cut shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. Seventeen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Applied Materials currently has a consensus rating of “Moderate Buy” and an average price target of $193.88.

Insiders Place Their Bets

In other Applied Materials news, CAO Adam Sanders sold 562 shares of the business’s stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of $178.60, for a total value of $100,373.20. Following the transaction, the chief accounting officer directly owned 5,300 shares in the company, valued at $946,580. The trade was a 9.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.24% of the stock is owned by insiders.

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.