Roundview Capital LLC Sells 2,398 Shares of Applied Materials, Inc. $AMAT

Roundview Capital LLC lessened its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 19.6% in the second quarter, Holdings Channel.com reports. The firm owned 9,853 shares of the manufacturing equipment provider’s stock after selling 2,398 shares during the period. Roundview Capital LLC’s holdings in Applied Materials were worth $1,804,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Ameriprise Financial Inc. boosted its position in Applied Materials by 23.6% during the first quarter. Ameriprise Financial Inc. now owns 7,860,838 shares of the manufacturing equipment provider’s stock worth $1,140,836,000 after purchasing an additional 1,502,995 shares during the period. Amundi boosted its position in shares of Applied Materials by 15.8% in the first quarter. Amundi now owns 7,656,034 shares of the manufacturing equipment provider’s stock valued at $1,038,504,000 after acquiring an additional 1,046,635 shares during the period. Nuveen LLC bought a new position in shares of Applied Materials in the first quarter valued at approximately $1,085,600,000. Deutsche Bank AG boosted its position in shares of Applied Materials by 20.7% in the first quarter. Deutsche Bank AG now owns 7,189,402 shares of the manufacturing equipment provider’s stock valued at $1,043,326,000 after acquiring an additional 1,235,097 shares during the period. Finally, Price T Rowe Associates Inc. MD boosted its position in shares of Applied Materials by 43.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,573,673 shares of the manufacturing equipment provider’s stock valued at $808,853,000 after acquiring an additional 1,691,428 shares during the period. Institutional investors own 80.56% of the company’s stock.

Analyst Upgrades and Downgrades

AMAT has been the subject of a number of analyst reports. The Goldman Sachs Group initiated coverage on shares of Applied Materials in a research report on Thursday, July 10th. They issued a “buy” rating and a $225.00 price objective for the company. Wolfe Research cut their price objective on shares of Applied Materials from $230.00 to $200.00 and set an “outperform” rating for the company in a research report on Friday, August 15th. JPMorgan Chase & Co. raised their target price on shares of Applied Materials from $210.00 to $220.00 and gave the company an “overweight” rating in a research note on Friday, August 15th. Daiwa America downgraded shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 20th. Finally, Daiwa Capital Markets reaffirmed a “neutral” rating and issued a $170.00 target price (down from $185.00) on shares of Applied Materials in a research note on Wednesday, August 20th. Seventeen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $195.12.

Applied Materials Stock Performance

NASDAQ:AMAT opened at $211.56 on Wednesday. The stock has a market cap of $168.54 billion, a P/E ratio of 25.22, a price-to-earnings-growth ratio of 2.93 and a beta of 1.82. The firm’s fifty day simple moving average is $180.63 and its 200 day simple moving average is $170.31. Applied Materials, Inc. has a twelve month low of $123.74 and a twelve month high of $226.49. 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 (NASDAQ:AMAT) last released its quarterly earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share for the quarter, beating the consensus estimate of $2.36 by $0.12. The business had revenue of $7.30 billion for the quarter, compared to analysts’ expectations of $7.21 billion. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The firm’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.12 earnings per share. 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 year.

Applied Materials Announces Dividend

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