Retireful LLC Invests $230,000 in Applied Materials, Inc. $AMAT

Retireful LLC bought a new position in Applied Materials, Inc. (NASDAQ:AMAT) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,256 shares of the manufacturing equipment provider’s stock, valued at approximately $230,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Wealth Effects LLC bought a new position in Applied Materials during the second quarter valued at approximately $496,000. Mather Group LLC. increased its stake in shares of Applied Materials by 8.3% in the second quarter. Mather Group LLC. now owns 21,028 shares of the manufacturing equipment provider’s stock worth $3,850,000 after purchasing an additional 1,615 shares in the last quarter. Carr Financial Group Corp increased its stake in shares of Applied Materials by 2.2% in the second quarter. Carr Financial Group Corp now owns 8,997 shares of the manufacturing equipment provider’s stock worth $1,647,000 after purchasing an additional 190 shares in the last quarter. Kentucky Trust Co grew its stake in Applied Materials by 3.3% during the second quarter. Kentucky Trust Co now owns 8,955 shares of the manufacturing equipment provider’s stock valued at $1,639,000 after acquiring an additional 285 shares in the last quarter. Finally, Buttonwood Financial Advisors Inc. grew its stake in Applied Materials by 2.4% during the second quarter. Buttonwood Financial Advisors Inc. now owns 12,769 shares of the manufacturing equipment provider’s stock valued at $2,338,000 after acquiring an additional 304 shares in the last quarter. Institutional investors own 80.56% of the company’s stock.

Applied Materials Stock Up 0.3%

AMAT stock opened at $201.44 on Thursday. The firm has a 50 day moving average of $176.53 and a 200 day moving average of $166.47. The stock has a market capitalization of $160.48 billion, a PE ratio of 24.01, a price-to-earnings-growth ratio of 2.86 and a beta of 1.77. 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 52 week low of $123.74 and a 52 week high of $215.70.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 EPS for the quarter, beating the consensus estimate 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 in the previous year, the business posted $2.12 EPS. The business’s quarterly revenue was up 7.7% compared to the same quarter last year. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. 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. Investors of record on Thursday, November 20th will be paid a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Thursday, November 20th. Applied Materials’s payout ratio is currently 21.93%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Wells Fargo & Company cut their target price on shares of Applied Materials from $215.00 to $205.00 and set an “overweight” rating for the company in a research note on Friday, August 15th. The Goldman Sachs Group started coverage on shares of Applied Materials in a research report on Thursday, July 10th. They set a “buy” rating and a $225.00 price objective for the company. Summit Insights lowered shares of Applied Materials from a “buy” rating to a “hold” rating in a research report on Friday, August 15th. Cantor Fitzgerald lowered their price objective on shares of Applied Materials from $220.00 to $200.00 and set an “overweight” rating for the company in a research report on Friday, August 15th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Applied Materials from $200.00 to $170.00 and set a “hold” rating for the company in a report on Friday, August 15th. Seventeen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently 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.