Checchi Capital Advisers LLC Has $1.38 Million Stake in Applied Materials, Inc. $AMAT

Checchi Capital Advisers LLC trimmed its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 4.2% during the second quarter, HoldingsChannel reports. The institutional investor owned 7,519 shares of the manufacturing equipment provider’s stock after selling 330 shares during the period. Checchi Capital Advisers LLC’s holdings in Applied Materials were worth $1,376,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Shelton Wealth Management LLC lifted its holdings in shares of Applied Materials by 1.5% in the second quarter. Shelton Wealth Management LLC now owns 3,398 shares of the manufacturing equipment provider’s stock worth $622,000 after acquiring an additional 51 shares during the last quarter. Octavia Wealth Advisors LLC lifted its holdings in shares of Applied Materials by 0.8% in the second quarter. Octavia Wealth Advisors LLC now owns 6,200 shares of the manufacturing equipment provider’s stock worth $1,135,000 after acquiring an additional 51 shares during the last quarter. Narus Financial Partners LLC lifted its holdings in shares of Applied Materials by 3.8% in the second quarter. Narus Financial Partners LLC now owns 1,433 shares of the manufacturing equipment provider’s stock worth $262,000 after acquiring an additional 52 shares during the last quarter. AdvisorNet Financial Inc lifted its holdings in shares of Applied Materials by 2.7% in the second quarter. AdvisorNet Financial Inc now owns 1,958 shares of the manufacturing equipment provider’s stock worth $358,000 after acquiring an additional 52 shares during the last quarter. Finally, Encompass Wealth Advisors LLC lifted its holdings in shares of Applied Materials by 3.4% in the second quarter. Encompass Wealth Advisors LLC now owns 1,601 shares of the manufacturing equipment provider’s stock worth $293,000 after acquiring an additional 53 shares during the last quarter. Institutional investors own 80.56% of the company’s stock.

Applied Materials Stock Performance

NASDAQ AMAT opened at $217.53 on Friday. The company has a fifty day simple moving average of $179.50 and a 200 day simple moving average of $169.41. Applied Materials, Inc. has a 12-month low of $123.74 and a 12-month high of $226.41. 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 company has a market cap of $173.29 billion, a P/E ratio of 25.93, a PEG ratio of 2.85 and a beta of 1.82.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings data 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 return on equity of 40.96% and a net margin of 23.88%.The business had revenue of $7.30 billion for the quarter, compared to analysts’ expectations of $7.21 billion. During the same period last year, the business 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. Sell-side analysts predict that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

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

Analysts Set New Price Targets

A number of brokerages recently issued reports on AMAT. Summit Insights lowered shares of Applied Materials from a “buy” rating to a “hold” rating in a report on Friday, August 15th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Applied Materials from $200.00 to $170.00 and set a “hold” rating for the company in a report on Friday, August 15th. KeyCorp raised their price objective on shares of Applied Materials from $200.00 to $220.00 and gave the company an “overweight” rating in a report on Tuesday, September 23rd. Citigroup dropped their price objective on shares of Applied Materials from $220.00 to $205.00 and set a “buy” rating for the company in a report on Friday, August 15th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Applied Materials in a report on Saturday, September 27th. Seventeen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $195.12.

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.