Hudson Edge Investment Partners Inc. Buys Shares of 35,817 Applied Materials, Inc. $AMAT

Hudson Edge Investment Partners Inc. purchased a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT) during the second quarter, Holdings Channel.com reports. The fund purchased 35,817 shares of the manufacturing equipment provider’s stock, valued at approximately $6,557,000. Applied Materials makes up approximately 1.1% of Hudson Edge Investment Partners Inc.’s portfolio, making the stock its 24th largest position.

A number of other institutional investors also recently made changes to their positions in the stock. Maseco LLP acquired a new position in shares of Applied Materials during the second quarter valued at approximately $30,000. Runnymede Capital Advisors Inc. boosted its stake in Applied Materials by 972.2% during the 1st quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider’s stock valued at $28,000 after purchasing an additional 175 shares in the last quarter. Smallwood Wealth Investment Management LLC bought a new position in Applied Materials during the 1st quarter valued at $29,000. Clal Insurance Enterprises Holdings Ltd increased its position in shares of 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 valued at $31,000 after purchasing an additional 174 shares during the period. Finally, Activest Wealth Management raised its stake in shares of Applied Materials by 5,325.0% in the 1st quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider’s stock worth $31,000 after buying an additional 213 shares in the last quarter. 80.56% of the stock is owned by institutional investors and hedge funds.

Applied Materials Price Performance

AMAT opened at $223.59 on Friday. The firm has a market capitalization of $178.12 billion, a P/E ratio of 26.65, a PEG ratio of 2.85 and a beta of 1.82. The stock has a fifty day moving average of $178.86 and a 200-day moving average of $168.87. The company has a quick ratio of 1.76, a current ratio of 2.50 and a debt-to-equity ratio of 0.28. Applied Materials, Inc. has a 12-month low of $123.74 and a 12-month high of $226.41.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share for the quarter, beating analysts’ consensus estimates of $2.36 by $0.12. The business had revenue of $7.30 billion for the quarter, compared to the consensus estimate of $7.21 billion. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.Applied Materials’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Equities analysts forecast that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Applied Materials Dividend Announcement

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

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on AMAT shares. Stifel Nicolaus decreased their target price on Applied Materials from $195.00 to $180.00 and set a “buy” rating for the company in a research note on Friday, August 15th. Citigroup reduced their price objective on shares of Applied Materials from $220.00 to $205.00 and set a “buy” rating for the company in a research report on Friday, August 15th. Summit Insights downgraded shares of Applied Materials from a “buy” rating to a “hold” rating in a report on Friday, August 15th. The Goldman Sachs Group started coverage on shares of Applied Materials in a research note on Thursday, July 10th. They set a “buy” rating and a $225.00 target price for the company. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of Applied Materials from $200.00 to $170.00 and set a “hold” rating on the stock in a research report on Friday, August 15th. Seventeen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $194.15.

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.