Wealthspire Advisors LLC Boosts Stake in Applied Materials, Inc. $AMAT

Wealthspire Advisors LLC grew its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 4.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,754 shares of the manufacturing equipment provider’s stock after acquiring an additional 342 shares during the quarter. Wealthspire Advisors LLC’s holdings in Applied Materials were worth $1,603,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Maseco LLP purchased a new position in Applied Materials in the second quarter valued at about $30,000. Clal Insurance Enterprises Holdings Ltd lifted 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 valued at $31,000 after buying an additional 174 shares during the last quarter. Activest Wealth Management boosted its holdings in shares of Applied Materials by 5,325.0% in the 1st quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider’s stock valued at $31,000 after buying an additional 213 shares in the last quarter. Financial Gravity Companies Inc. purchased a new position in shares of Applied Materials in the 2nd quarter worth approximately $31,000. Finally, Disciplina Capital Management LLC lifted its position in Applied Materials by 91.5% during the first quarter. Disciplina Capital Management LLC now owns 272 shares of the manufacturing equipment provider’s stock valued at $39,000 after acquiring an additional 130 shares during the last quarter. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

Applied Materials Price Performance

NASDAQ:AMAT opened at $220.23 on Friday. The firm’s fifty day moving average is $217.28 and its two-hundred day moving average is $188.92. The firm has a market cap of $175.44 billion, a price-to-earnings ratio of 26.25, a PEG ratio of 2.95 and a beta of 1.84. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.76 and a current ratio of 2.50. Applied Materials, Inc. has a one year low of $123.74 and a one year high of $242.50.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings data on Thursday, November 13th. The manufacturing equipment provider reported $2.17 earnings per share for the quarter, beating analysts’ consensus estimates of $2.11 by $0.06. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.During the same quarter last year, the company posted $2.32 earnings per share. Applied Materials’s revenue for the quarter was down 3.5% on a year-over-year basis. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. Research analysts expect that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be given a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 0.8%. The ex-dividend date is Thursday, November 20th. Applied Materials’s dividend payout ratio is currently 21.20%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on AMAT shares. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $250.00 price target on shares of Applied Materials in a report on Friday, November 14th. Mizuho dropped their target price on Applied Materials from $215.00 to $205.00 and set a “neutral” rating on the stock in a research note on Friday, November 14th. B. Riley reaffirmed a “buy” rating and set a $270.00 target price (up from $265.00) on shares of Applied Materials in a research report on Friday, November 14th. KeyCorp increased their price target on Applied Materials from $220.00 to $240.00 and gave the company an “overweight” rating in a research note on Friday, October 10th. Finally, Daiwa Capital Markets restated a “neutral” rating and set a $170.00 price target (down previously from $185.00) on shares of Applied Materials in a research note on Wednesday, August 20th. Nineteen research analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company’s stock. According to MarketBeat, Applied Materials has a consensus rating of “Moderate Buy” and a consensus price target of $226.74.

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.