Applied Materials, Inc. $AMAT Stock Position Raised by RFG Advisory LLC

RFG Advisory LLC raised its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 1.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 23,995 shares of the manufacturing equipment provider’s stock after buying an additional 290 shares during the quarter. RFG Advisory LLC’s holdings in Applied Materials were worth $4,393,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in AMAT. Nuveen LLC acquired a new position in Applied Materials in the 1st quarter valued at approximately $1,085,600,000. Kingstone Capital Partners Texas LLC acquired a new position in Applied Materials in the 2nd quarter valued at approximately $882,396,000. Pacer Advisors Inc. increased its stake in Applied Materials by 2,401.0% in the 1st quarter. Pacer Advisors Inc. now owns 3,066,817 shares of the manufacturing equipment provider’s stock valued at $445,056,000 after buying an additional 2,944,193 shares during the period. Price T Rowe Associates Inc. MD increased its stake in Applied Materials by 43.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,573,673 shares of the manufacturing equipment provider’s stock valued at $808,853,000 after buying an additional 1,691,428 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in Applied Materials by 23.6% in the 1st quarter. Ameriprise Financial Inc. now owns 7,860,838 shares of the manufacturing equipment provider’s stock valued at $1,140,836,000 after buying an additional 1,502,995 shares during the period. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Stock Performance

NASDAQ:AMAT opened at $218.19 on Wednesday. Applied Materials, Inc. has a 1 year low of $123.74 and a 1 year high of $226.49. The firm’s fifty day simple moving average is $184.11 and its 200 day simple moving average is $172.62. 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 firm has a market capitalization of $173.82 billion, a PE ratio of 26.01, a PEG ratio of 2.88 and a beta of 1.82.

Applied Materials (NASDAQ:AMAT) last posted its earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (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 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 posted $2.12 EPS. Applied Materials’s revenue 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. On average, sell-side analysts anticipate that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be issued a $0.46 dividend. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $1.84 dividend on an annualized basis and a yield of 0.8%. Applied Materials’s dividend payout ratio is 21.93%.

Analyst Upgrades and Downgrades

AMAT has been the topic of several research reports. Cfra Research upgraded shares of Applied Materials to a “hold” rating in a research note on Friday, August 15th. JPMorgan Chase & Co. increased their price target on shares of Applied Materials from $210.00 to $220.00 and gave the stock an “overweight” rating in a research note on Friday, August 15th. KeyCorp increased their price target on shares of Applied Materials from $220.00 to $240.00 and gave the stock an “overweight” rating in a research note on Friday. Cantor Fitzgerald restated an “overweight” rating and set a $225.00 price target on shares of Applied Materials in a research note on Friday, October 3rd. Finally, Redburn Atlantic lowered shares of Applied Materials from a “strong-buy” rating to a “hold” rating and dropped their price target for the stock from $225.00 to $200.00 in a research note on Monday, July 7th. Eighteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $204.54.

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.