Applied Materials, Inc. $AMAT Shares Sold by Jag Capital Management LLC

Jag Capital Management LLC cut its position in Applied Materials, Inc. (NASDAQ:AMAT) by 33.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,990 shares of the manufacturing equipment provider’s stock after selling 11,521 shares during the period. Jag Capital Management LLC’s holdings in Applied Materials were worth $4,209,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Maseco LLP acquired a new stake in Applied Materials during the 2nd quarter worth $30,000. Runnymede Capital Advisors Inc. boosted its position in 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 acquiring an additional 175 shares during the last quarter. Smallwood Wealth Investment Management LLC acquired a new position in Applied Materials during the first quarter worth about $29,000. Clal Insurance Enterprises Holdings Ltd boosted its position in 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 acquiring an additional 174 shares during the last quarter. Finally, Activest Wealth Management boosted its holdings in shares of Applied Materials by 5,325.0% during the 1st quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider’s stock worth $31,000 after purchasing an additional 213 shares during the last quarter. 80.56% of the stock is owned by institutional investors and hedge funds.

Applied Materials Stock Performance

Shares of Applied Materials stock opened at $219.48 on Tuesday. Applied Materials, Inc. has a 52 week low of $123.74 and a 52 week high of $226.49. The business’s fifty day simple moving average is $183.33 and its 200-day simple moving average is $172.31. The firm has a market cap of $174.85 billion, a PE ratio of 26.16, a price-to-earnings-growth ratio of 2.75 and a beta of 1.82. 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 posted its earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 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 company had revenue of $7.30 billion for the quarter, compared to analysts’ expectations of $7.21 billion. During the same quarter in the prior year, the company posted $2.12 earnings per share. Applied Materials’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. Equities analysts forecast that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Dividend Announcement

The business 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 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Thursday, November 20th. Applied Materials’s dividend payout ratio is currently 21.93%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on AMAT shares. Citigroup lowered their target price on Applied Materials from $220.00 to $205.00 and set a “buy” rating on the stock in a report on Friday, August 15th. JPMorgan Chase & Co. boosted their price objective on Applied Materials from $210.00 to $220.00 and gave the stock an “overweight” rating in a research note on Friday, August 15th. Daiwa Capital Markets reissued a “neutral” rating and set a $170.00 price objective (down previously from $185.00) on shares of Applied Materials in a research note on Wednesday, August 20th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Applied Materials from $200.00 to $170.00 and set a “hold” rating on the stock in a research report on Friday, August 15th. Finally, Barclays boosted their price target on shares of Applied Materials from $160.00 to $170.00 and gave the company an “equal weight” rating in a research report on Monday, July 28th. Eighteen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $204.54.

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.