William Blair Issues Optimistic Outlook for AMAT Earnings

Applied Materials, Inc. (NASDAQ:AMAT) – Analysts at William Blair lifted their Q1 2025 earnings estimates for shares of Applied Materials in a research report issued on Friday, November 15th. William Blair analyst J. Dorsheimer now expects that the manufacturing equipment provider will post earnings of $2.29 per share for the quarter, up from their prior forecast of $2.21. The consensus estimate for Applied Materials’ current full-year earnings is $9.52 per share. William Blair also issued estimates for Applied Materials’ Q2 2025 earnings at $2.32 EPS, Q3 2025 earnings at $2.36 EPS, Q1 2026 earnings at $2.47 EPS, Q2 2026 earnings at $2.51 EPS, Q3 2026 earnings at $2.58 EPS, Q4 2026 earnings at $2.71 EPS and FY2026 earnings at $10.27 EPS.

Other research analysts also recently issued research reports about the stock. Morgan Stanley lowered their price objective on shares of Applied Materials from $185.00 to $179.00 and set an “equal weight” rating on the stock in a report on Friday. B. Riley lowered their price objective on shares of Applied Materials from $300.00 to $280.00 and set a “buy” rating on the stock in a report on Friday, August 16th. TD Cowen lowered their price objective on shares of Applied Materials from $250.00 to $230.00 and set a “buy” rating on the stock in a report on Friday. Evercore ISI reduced their target price on shares of Applied Materials from $260.00 to $250.00 and set an “outperform” rating for the company in a research note on Friday. Finally, Dbs Bank lowered shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 16th. Eight investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $219.81.

Applied Materials Stock Down 9.2 %

Applied Materials stock opened at $168.88 on Monday. The company has a quick ratio of 2.09, a current ratio of 2.86 and a debt-to-equity ratio of 0.33. Applied Materials has a 12-month low of $141.94 and a 12-month high of $255.89. The firm’s fifty day moving average is $190.88 and its 200 day moving average is $206.87. The company has a market capitalization of $139.23 billion, a PE ratio of 19.61, a PEG ratio of 2.07 and a beta of 1.56.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings results on Thursday, November 14th. The manufacturing equipment provider reported $2.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.19 by $0.13. The firm had revenue of $7.05 billion for the quarter, compared to the consensus estimate of $6.96 billion. Applied Materials had a net margin of 26.41% and a return on equity of 39.71%. The company’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.12 EPS.

Institutional Investors Weigh In On Applied Materials

A number of institutional investors and hedge funds have recently bought and sold shares of AMAT. Covestor Ltd raised its stake in Applied Materials by 7.8% in the first quarter. Covestor Ltd now owns 854 shares of the manufacturing equipment provider’s stock valued at $176,000 after purchasing an additional 62 shares in the last quarter. Davis R M Inc. grew its position in Applied Materials by 2.3% during the first quarter. Davis R M Inc. now owns 4,814 shares of the manufacturing equipment provider’s stock valued at $993,000 after acquiring an additional 107 shares during the last quarter. O Shaughnessy Asset Management LLC grew its position in Applied Materials by 20.0% during the first quarter. O Shaughnessy Asset Management LLC now owns 71,659 shares of the manufacturing equipment provider’s stock valued at $14,778,000 after acquiring an additional 11,968 shares during the last quarter. Texas Capital Bank Wealth Management Services Inc bought a new position in Applied Materials during the first quarter valued at approximately $224,000. Finally, Capitolis Liquid Global Markets LLC bought a new position in Applied Materials during the first quarter valued at approximately $18,561,000. 80.56% of the stock is owned by hedge funds and other institutional investors.

Applied Materials Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Thursday, November 21st will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date of this dividend is Thursday, November 21st. Applied Materials’s dividend payout ratio is currently 18.58%.

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.