Laffer Tengler Investments Inc. Makes New Investment in Applied Materials, Inc. $AMAT

Laffer Tengler Investments Inc. bought a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,350 shares of the manufacturing equipment provider’s stock, valued at approximately $247,000.

Other institutional investors have also made changes to their positions in the company. Maseco LLP acquired a new stake in shares of Applied Materials during the 2nd quarter worth $30,000. Clal Insurance Enterprises Holdings Ltd raised its stake in Applied Materials by 435.0% in the first 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 in the last quarter. Activest Wealth Management lifted its position in Applied Materials by 5,325.0% during the first 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 period. Quaker Wealth Management LLC grew its stake in Applied Materials by 133.3% during the second quarter. Quaker Wealth Management LLC now owns 218 shares of the manufacturing equipment provider’s stock worth $40,000 after buying an additional 873 shares in the last quarter. Finally, RMG Wealth Management LLC bought a new position in Applied Materials in the 2nd quarter valued at about $47,000. 80.56% of the stock is currently owned by institutional investors.

Applied Materials Stock Performance

Shares of AMAT stock opened at $230.07 on Monday. The stock has a market capitalization of $183.28 billion, a PE ratio of 27.42, a PEG ratio of 2.95 and a beta of 1.84. The business’s 50 day simple moving average is $205.31 and its 200 day simple moving average is $184.56. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.50 and a quick ratio of 1.76. Applied Materials, Inc. has a one year low of $123.74 and a one year high of $242.50.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings data 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. The company 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%.The firm’s revenue was up 7.7% compared to the same quarter last year. During the same period in the previous year, the business earned $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, research analysts forecast that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Announces Dividend

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

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Daiwa America downgraded shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 20th. B. Riley boosted their price objective on shares of Applied Materials from $200.00 to $265.00 and gave the company a “buy” rating in a research report on Friday, October 10th. Deutsche Bank Aktiengesellschaft reduced their target price on Applied Materials from $200.00 to $170.00 and set a “hold” rating on the stock in a report on Friday, August 15th. Cfra Research upgraded Applied Materials to a “hold” rating in a research note on Friday, August 15th. Finally, KeyCorp upped their price objective on Applied Materials from $220.00 to $240.00 and gave the stock an “overweight” rating in a research report on Friday, October 10th. Eighteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Applied Materials has a consensus rating of “Moderate Buy” and an average price target of $210.96.

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.