PCG Wealth Advisors LLC Takes Position in Applied Materials, Inc. $AMAT

PCG Wealth Advisors LLC acquired a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 1,349 shares of the manufacturing equipment provider’s stock, valued at approximately $247,000.

A number of other institutional investors also recently bought and sold shares of AMAT. Maseco LLP acquired a new stake in Applied Materials during the 2nd quarter worth approximately $30,000. Clal Insurance Enterprises Holdings Ltd increased its holdings in shares of 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 during the period. Activest Wealth Management raised its stake in shares of 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 last quarter. Disciplina Capital Management LLC lifted its holdings in shares of Applied Materials by 91.5% during the first quarter. Disciplina Capital Management LLC now owns 272 shares of the manufacturing equipment provider’s stock worth $39,000 after purchasing an additional 130 shares during the period. Finally, Greenline Partners LLC purchased a new position in Applied Materials in the 1st quarter valued at $39,000. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on AMAT shares. Daiwa America downgraded shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 20th. Morgan Stanley reiterated an “overweight” rating and set a $256.00 price target on shares of Applied Materials in a research note on Friday, October 31st. The Goldman Sachs Group increased their price target on shares of Applied Materials from $215.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday, October 9th. Barclays raised their price objective on shares of Applied Materials from $170.00 to $250.00 and gave the company an “equal weight” rating in a research report on Monday, October 20th. Finally, Citigroup dropped their target price on Applied Materials from $220.00 to $205.00 and set a “buy” rating on the stock in a research report on Friday, August 15th. Eighteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $212.31.

Applied Materials Stock Performance

Shares of AMAT opened at $235.08 on Tuesday. Applied Materials, Inc. has a 12-month low of $123.74 and a 12-month high of $242.50. The stock has a market cap of $187.27 billion, a P/E ratio of 28.02, a PEG ratio of 2.95 and a beta of 1.84. 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 50-day moving average of $206.80 and a two-hundred day moving average of $185.16.

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, 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 business had revenue of $7.30 billion during the quarter, compared to analysts’ expectations of $7.21 billion. During the same period last year, the company posted $2.12 EPS. The company’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, research analysts predict that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Applied Materials Announces Dividend

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

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.