Brookwood Investment Group LLC Increases Stock Holdings in Applied Materials, Inc. $AMAT

Brookwood Investment Group LLC lifted its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 22.9% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,177 shares of the manufacturing equipment provider’s stock after buying an additional 591 shares during the quarter. Brookwood Investment Group LLC’s holdings in Applied Materials were worth $582,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Maseco LLP purchased a new stake in shares of Applied Materials during the 2nd quarter valued at about $30,000. Smallwood Wealth Investment Management LLC purchased a new stake in Applied Materials during the 1st quarter worth approximately $29,000. Clal Insurance Enterprises Holdings Ltd increased its holdings in Applied Materials by 435.0% during the 1st 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. Activest Wealth Management increased its holdings in 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. Finally, RMG Wealth Management LLC purchased a new stake in Applied Materials during the 2nd quarter worth approximately $47,000. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on AMAT shares. Citigroup dropped their price objective on Applied Materials from $220.00 to $205.00 and set a “buy” rating on the stock in a report on Friday, August 15th. Wolfe Research dropped their price objective on Applied Materials from $230.00 to $200.00 and set an “outperform” rating on the stock in a report on Friday, August 15th. Mizuho lifted their price objective on Applied Materials from $175.00 to $215.00 and gave the stock a “neutral” rating in a report on Thursday, October 16th. UBS Group dropped their price objective on Applied Materials from $185.00 to $180.00 and set a “neutral” rating on the stock in a report on Friday, August 15th. Finally, Summit Insights downgraded Applied Materials from a “buy” rating to a “hold” rating in a report on Friday, August 15th. Eighteen research 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. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $209.15.

Applied Materials Price Performance

Shares of AMAT opened at $231.33 on Tuesday. The firm has a market cap of $184.29 billion, a price-to-earnings ratio of 27.57, a PEG ratio of 2.86 and a beta of 1.82. The stock has a 50 day moving average of $192.53 and a 200-day moving average of $178.39. 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, Inc. has a 52 week low of $123.74 and a 52 week high of $235.79.

Applied Materials (NASDAQ:AMAT) last issued its earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 EPS for the quarter, topping the consensus estimate of $2.36 by $0.12. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The company had revenue of $7.30 billion during the quarter, compared to analyst estimates of $7.21 billion. During the same quarter last year, the firm earned $2.12 EPS. The business’s 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. As a group, analysts forecast that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Dividend Announcement

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

Applied Materials 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.