UMB Bank n.a. Has $1.78 Million Stake in Applied Materials, Inc. $AMAT

UMB Bank n.a. reduced its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 6.9% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 9,703 shares of the manufacturing equipment provider’s stock after selling 715 shares during the quarter. UMB Bank n.a.’s holdings in Applied Materials were worth $1,776,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Runnymede Capital Advisors Inc. boosted its position in shares of 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 buying an additional 175 shares during the period. Smallwood Wealth Investment Management LLC acquired a new position in shares of Applied Materials during the first quarter worth about $29,000. Clal Insurance Enterprises Holdings Ltd boosted its position in shares of 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 buying an additional 174 shares during the period. Activest Wealth Management boosted its position 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 buying an additional 213 shares during the period. Finally, Disciplina Capital Management LLC boosted its position 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 buying an additional 130 shares during the period. 80.56% of the stock is owned by institutional investors and hedge funds.

Applied Materials Trading Up 0.2%

NASDAQ AMAT opened at $190.10 on Monday. 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 twelve month low of $123.74 and a twelve month high of $215.70. The company has a market cap of $151.44 billion, a price-to-earnings ratio of 22.66, a price-to-earnings-growth ratio of 2.71 and a beta of 1.77. The business’s fifty day moving average is $176.30 and its 200 day moving average is $165.67.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings data 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. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The company had revenue of $7.30 billion for the quarter, compared to the consensus estimate of $7.21 billion. During the same quarter last year, the business posted $2.12 EPS. Applied Materials’s revenue for the quarter 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, sell-side analysts expect that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be issued a dividend of $0.46 per share. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $1.84 annualized dividend and a yield of 1.0%. Applied Materials’s payout ratio is presently 21.93%.

Analyst Ratings Changes

Several research analysts recently commented on AMAT shares. Wolfe Research reduced their price target on Applied Materials from $230.00 to $200.00 and set an “outperform” rating for the company in a research report on Friday, August 15th. UBS Group reduced their price target on Applied Materials from $185.00 to $180.00 and set a “neutral” rating for the company in a research report on Friday, August 15th. Evercore ISI restated an “outperform” rating and issued a $209.00 price objective on shares of Applied Materials in a research note on Friday, August 15th. Morgan Stanley upped their price objective on Applied Materials from $169.00 to $172.00 and gave the company an “equal weight” rating in a research note on Friday, August 15th. Finally, Rothschild & Co Redburn lowered Applied Materials from a “buy” rating to a “neutral” rating and set a $200.00 target price on the stock. in a research note on Monday, July 7th. Sixteen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Applied Materials has an average rating of “Moderate Buy” and a consensus price target of $192.92.

Insider Buying and Selling at Applied Materials

In other news, CAO Adam Sanders sold 562 shares of the firm’s stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of $178.60, for a total transaction of $100,373.20. Following the completion of the transaction, the chief accounting officer directly owned 5,300 shares in the company, valued at $946,580. This trade represents a 9.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.24% of the company’s stock.

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.