Rogco LP Boosts Stake in Applied Materials, Inc. $AMAT

Rogco LP boosted its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 15.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,909 shares of the manufacturing equipment provider’s stock after buying an additional 524 shares during the period. Rogco LP’s holdings in Applied Materials were worth $716,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of AMAT. Brighton Jones LLC lifted its stake in Applied Materials by 28.0% during the 4th quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock worth $2,061,000 after acquiring an additional 2,771 shares in the last quarter. Versant Capital Management Inc lifted its position in Applied Materials by 96.2% during the 1st quarter. Versant Capital Management Inc now owns 930 shares of the manufacturing equipment provider’s stock worth $135,000 after acquiring an additional 456 shares during the period. Baker Tilly Wealth Management LLC grew its holdings in Applied Materials by 55.6% during the first quarter. Baker Tilly Wealth Management LLC now owns 2,263 shares of the manufacturing equipment provider’s stock worth $328,000 after acquiring an additional 809 shares during the period. NBC Securities Inc. raised its holdings in Applied Materials by 100,280.0% during the first quarter. NBC Securities Inc. now owns 5,019 shares of the manufacturing equipment provider’s stock worth $728,000 after purchasing an additional 5,014 shares during the last quarter. Finally, LVW Advisors LLC grew its position in shares of Applied Materials by 3.6% in the first quarter. LVW Advisors LLC now owns 3,361 shares of the manufacturing equipment provider’s stock valued at $488,000 after purchasing an additional 117 shares during the period. Institutional investors and hedge funds own 80.56% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Daiwa America downgraded Applied Materials from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 20th. Cantor Fitzgerald dropped their price objective on Applied Materials from $220.00 to $200.00 and set an “overweight” rating on the stock in a research note on Friday, August 15th. Daiwa Capital Markets reiterated a “neutral” rating and set a $170.00 price objective (down previously from $185.00) on shares of Applied Materials in a research report on Wednesday, August 20th. Cfra Research upgraded Applied Materials to a “hold” rating in a report on Friday, August 15th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on Applied Materials from $200.00 to $170.00 and set a “hold” rating for the company in a report on Friday, August 15th. Seventeen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Applied Materials currently has an average rating of “Moderate Buy” and a consensus price target of $194.15.

Applied Materials Stock Performance

NASDAQ AMAT opened at $204.73 on Wednesday. The company has a 50 day moving average of $177.54 and a 200-day moving average of $168.06. The company has a current ratio of 2.50, a quick ratio of 1.76 and a debt-to-equity ratio of 0.28. Applied Materials, Inc. has a 1-year low of $123.74 and a 1-year high of $215.70. The firm has a market cap of $163.10 billion, a price-to-earnings ratio of 24.40, a PEG ratio of 2.92 and a beta of 1.77.

Applied Materials (NASDAQ:AMAT) last announced its earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.36 by $0.12. The company had revenue of $7.30 billion for the quarter, compared to analyst estimates of $7.21 billion. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. Applied Materials’s quarterly revenue was up 7.7% on a year-over-year basis. During the same period in the prior year, the business earned $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, equities analysts forecast that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal 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 $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Thursday, November 20th. Applied Materials’s 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.