Blue Rock Wealth Management LLC Acquires Shares of 2,000 Applied Materials, Inc. $AMAT

Blue Rock Wealth Management LLC purchased a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 2,000 shares of the manufacturing equipment provider’s stock, valued at approximately $290,000.

Several other large investors have also modified their holdings of the stock. Belpointe Asset Management LLC lifted its position in shares of Applied Materials by 12.6% during the first quarter. Belpointe Asset Management LLC now owns 4,204 shares of the manufacturing equipment provider’s stock worth $610,000 after purchasing an additional 470 shares during the last quarter. Focus Partners Wealth lifted its position in shares of Applied Materials by 200.5% during the first quarter. Focus Partners Wealth now owns 117,407 shares of the manufacturing equipment provider’s stock worth $17,038,000 after purchasing an additional 78,336 shares during the last quarter. Flaharty Asset Management LLC bought a new position in shares of Applied Materials during the first quarter worth about $173,000. Integrity Alliance LLC. bought a new position in shares of Applied Materials during the first quarter worth about $418,000. Finally, Ransom Advisory Ltd bought a new position in shares of Applied Materials during the first quarter worth about $87,000. Institutional investors own 80.56% of the company’s stock.

Applied Materials Price Performance

NASDAQ AMAT opened at $163.50 on Wednesday. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $215.70. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.50 and a quick ratio of 1.76. The firm has a market capitalization of $130.25 billion, a PE ratio of 19.49, a P/E/G ratio of 2.31 and a beta of 1.77. The company’s 50 day simple moving average is $179.20 and its 200 day simple moving average is $164.70.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings data 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 business had revenue of $7.30 billion for the quarter, compared to analyst estimates of $7.21 billion. During the same quarter last year, the business 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, equities research analysts forecast that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Daiwa America cut shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 20th. Wells Fargo & Company cut their target price on shares of Applied Materials from $215.00 to $205.00 and set an “overweight” rating on the stock in a report on Friday, August 15th. Wolfe Research cut their target price on shares of Applied Materials from $230.00 to $200.00 and set an “outperform” rating on the stock in a report on Friday, August 15th. Cfra Research raised shares of Applied Materials to a “hold” rating in a report on Friday, August 15th. Finally, Evercore ISI reissued an “outperform” rating and issued a $209.00 target price on shares of Applied Materials in a report on Friday, August 15th. Seventeen equities research 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. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $193.88.

Insider Transactions at Applied Materials

In other Applied Materials news, CAO Adam Sanders sold 562 shares of Applied Materials stock in a transaction that occurred on 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 owned 5,300 shares in the company, valued at approximately $946,580. The trade was a 9.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.24% of the company’s stock.

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.