Northstar Group Inc. Buys New Position in Applied Materials, Inc. $AMAT

Northstar Group Inc. bought a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,355 shares of the manufacturing equipment provider’s stock, valued at approximately $248,000.

Several other institutional investors and hedge funds also recently made changes to their positions in AMAT. Runnymede Capital Advisors Inc. raised 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 worth $28,000 after buying an additional 175 shares during the period. Smallwood Wealth Investment Management LLC acquired a new position in Applied Materials during the 1st quarter worth approximately $29,000. Maseco LLP acquired a new position in Applied Materials during the 2nd quarter worth approximately $30,000. Clal Insurance Enterprises Holdings Ltd raised its stake 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 buying an additional 174 shares during the period. Finally, Activest Wealth Management raised its stake 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 buying an additional 213 shares during the period. Institutional investors own 80.56% of the company’s stock.

Applied Materials Stock Performance

Shares of AMAT opened at $217.74 on Thursday. 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 capitalization of $173.46 billion, a price-to-earnings ratio of 25.95, a PEG ratio of 2.68 and a beta of 1.82. The stock has a 50 day moving average of $178.15 and a 200 day moving average of $168.40. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $218.44.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 EPS for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $7.21 billion. During the same period last year, the business posted $2.12 earnings per share. Applied Materials’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, sell-side 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 announced a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be given a $0.46 dividend. 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 (DPR) is currently 21.93%.

Analyst Ratings Changes

A number of research analysts recently weighed in on AMAT shares. Summit Insights downgraded Applied Materials from a “buy” rating to a “hold” rating in a research note on Friday, August 15th. Evercore ISI reissued an “outperform” rating and issued a $209.00 price objective on shares of Applied Materials in a research note on Friday, August 15th. KeyCorp increased their price objective on Applied Materials from $200.00 to $220.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 23rd. Cantor Fitzgerald lowered their price objective on Applied Materials from $220.00 to $200.00 and set an “overweight” rating for the company in a research note on Friday, August 15th. Finally, Rothschild & Co Redburn downgraded Applied Materials from a “buy” rating to a “neutral” rating and set a $200.00 price objective for the company. in a research note on Monday, July 7th. Seventeen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target 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.