Applied Materials, Inc. $AMAT Shares Sold by TD Private Client Wealth LLC

TD Private Client Wealth LLC cut its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 8.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 18,366 shares of the manufacturing equipment provider’s stock after selling 1,713 shares during the quarter. TD Private Client Wealth LLC’s holdings in Applied Materials were worth $3,362,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in AMAT. Avity Investment Management Inc. increased its stake in 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 valued at $40,428,000 after purchasing an additional 8,680 shares in the last quarter. Leonard Rickey Investment Advisors P.L.L.C. purchased a new stake in shares of Applied Materials during the first quarter valued at $230,000. Generali Investments Towarzystwo Funduszy Inwestycyjnych increased its position in shares of Applied Materials by 12.7% in the 1st quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 26,650 shares of the manufacturing equipment provider’s stock valued at $3,867,000 after acquiring an additional 3,000 shares during the period. Redwood Investment Management LLC raised its stake 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 worth $1,876,000 after acquiring an additional 9,781 shares during the last quarter. Finally, Gallacher Capital Management LLC acquired a new stake in Applied Materials during the 2nd quarter worth about $410,000. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Trading Up 0.3%

Applied Materials stock opened at $201.44 on Thursday. The firm has a market cap of $160.48 billion, a PE ratio of 24.01, a P/E/G ratio of 2.86 and a beta of 1.77. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $215.70. The stock’s 50 day simple moving average is $176.53 and its two-hundred day simple moving average is $166.47. 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 posted its earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share for the quarter, beating the consensus estimate of $2.36 by $0.12. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The firm had revenue of $7.30 billion during the quarter, compared to analyst estimates of $7.21 billion. During the same period in the previous year, the firm earned $2.12 EPS. The business’s quarterly 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. Analysts anticipate that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be paid a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Thursday, November 20th. Applied Materials’s dividend payout ratio is presently 21.93%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Cfra Research raised Applied Materials to a “hold” rating in a report on Friday, August 15th. Daiwa America downgraded shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 20th. Rothschild & Co Redburn lowered shares of Applied Materials from a “buy” rating to a “neutral” rating and set a $200.00 price target for the company. in a research report on Monday, July 7th. Wells Fargo & Company decreased their price objective on shares of Applied Materials from $215.00 to $205.00 and set an “overweight” rating for the company in a research note on Friday, August 15th. Finally, TD Cowen cut their price objective on shares of Applied Materials from $220.00 to $200.00 and set a “buy” rating on the stock in a research note on Friday, August 15th. Seventeen equities research 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $194.15.

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.