Sequoia Financial Advisors LLC Buys 8,232 Shares of Applied Materials, Inc. $AMAT

Sequoia Financial Advisors LLC increased its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 22.1% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 45,420 shares of the manufacturing equipment provider’s stock after purchasing an additional 8,232 shares during the period. Sequoia Financial Advisors LLC’s holdings in Applied Materials were worth $8,315,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of AMAT. Runnymede Capital Advisors Inc. grew its holdings in Applied Materials by 972.2% during the first quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider’s stock worth $28,000 after purchasing an additional 175 shares during the period. Smallwood Wealth Investment Management LLC bought a new position in Applied Materials during the first quarter worth about $29,000. Maseco LLP bought a new position in Applied Materials during the second quarter worth about $30,000. Clal Insurance Enterprises Holdings Ltd grew its holdings in Applied Materials by 435.0% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider’s stock worth $31,000 after purchasing an additional 174 shares during the period. Finally, Activest Wealth Management grew its holdings in 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 period. Institutional investors own 80.56% of the company’s stock.

Applied Materials Stock Up 4.5%

NASDAQ AMAT opened at $219.48 on Tuesday. 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 $226.49. The company has a 50 day moving average of $183.33 and a 200-day moving average of $172.31. The company has a market cap of $174.85 billion, a price-to-earnings ratio of 26.16, a PEG ratio of 2.75 and a beta of 1.82.

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 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 company had revenue of $7.30 billion during the quarter, compared to the consensus estimate of $7.21 billion. During the same period in the previous year, the business earned $2.12 earnings per share. The firm’s quarterly 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. On average, equities research analysts expect that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The firm also recently declared 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 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Thursday, November 20th. Applied Materials’s payout ratio is presently 21.93%.

Analyst Ratings Changes

AMAT has been the subject of a number of research analyst reports. B. Riley lifted their price target on Applied Materials from $200.00 to $265.00 and gave the stock a “buy” rating in a report on Friday. Redburn Atlantic downgraded shares of Applied Materials from a “strong-buy” rating to a “hold” rating and cut their price objective for the stock from $225.00 to $200.00 in a research report on Monday, July 7th. UBS Group cut their price objective on shares of Applied Materials from $185.00 to $180.00 and set a “neutral” rating for the company in a research report on Friday, August 15th. Daiwa America downgraded shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 20th. Finally, Cfra Research upgraded shares of Applied Materials to a “hold” rating in a research report on Friday, August 15th. Eighteen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $204.54.

Applied Materials Company 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.