MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH Has $6.62 Million Position in Applied Materials, Inc. $AMAT

MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH raised its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 311.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 36,157 shares of the manufacturing equipment provider’s stock after buying an additional 27,368 shares during the period. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH’s holdings in Applied Materials were worth $6,619,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AMAT. Nuveen LLC acquired a new stake in Applied Materials in the 1st quarter valued at $1,085,600,000. Kingstone Capital Partners Texas LLC acquired a new stake in Applied Materials in the 2nd quarter valued at $882,396,000. Pacer Advisors Inc. increased its stake in Applied Materials by 2,401.0% in the 1st quarter. Pacer Advisors Inc. now owns 3,066,817 shares of the manufacturing equipment provider’s stock valued at $445,056,000 after buying an additional 2,944,193 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Applied Materials by 18,402.1% during the 1st quarter. GAMMA Investing LLC now owns 1,824,304 shares of the manufacturing equipment provider’s stock worth $2,647,430,000 after purchasing an additional 1,814,444 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD increased its stake in shares of Applied Materials by 43.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,573,673 shares of the manufacturing equipment provider’s stock worth $808,853,000 after purchasing an additional 1,691,428 shares during the last quarter. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

AMAT has been the topic of several recent analyst reports. JPMorgan Chase & Co. boosted their price objective on shares of Applied Materials from $210.00 to $220.00 and gave the stock an “overweight” rating in a research note on Friday, August 15th. Bank of America restated a “neutral” rating and set a $180.00 price objective (down from $190.00) on shares of Applied Materials in a research note on Friday, August 15th. Wolfe Research lowered their price objective on shares of Applied Materials from $230.00 to $200.00 and set an “outperform” rating on the stock in a research note on Friday, August 15th. Barclays boosted their price objective on shares of Applied Materials from $160.00 to $170.00 and gave the stock an “equal weight” rating in a research note on Monday, July 28th. Finally, Wells Fargo & Company lowered their price objective on shares of Applied Materials from $215.00 to $205.00 and set an “overweight” rating on the stock in a research note on Friday, August 15th. Seventeen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $194.15.

Applied Materials Stock Performance

NASDAQ AMAT opened at $201.44 on Thursday. The company has a quick ratio of 1.76, a current ratio of 2.50 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $160.48 billion, a P/E ratio of 24.01, a P/E/G ratio of 2.86 and a beta of 1.77. Applied Materials, Inc. has a 12-month low of $123.74 and a 12-month high of $215.70. The firm has a 50-day moving average price of $176.53 and a two-hundred day moving average price of $166.47.

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, topping 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 company had revenue of $7.30 billion during the quarter, compared to the consensus estimate of $7.21 billion. During the same quarter in the prior year, the firm posted $2.12 EPS. The firm’s quarterly 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. Analysts anticipate that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be issued a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Thursday, November 20th. Applied Materials’s dividend payout ratio is 21.93%.

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.