Applied Materials (NASDAQ:AMAT) Given Hold (C) Rating at Weiss Ratings

Key Points

• Applied Materials (NASDAQ:AMAT) received a "hold (C)" rating from Weiss Ratings, with analysts' opinions on the stock varying from hold to buy, reflecting a consensus rating of "Moderate Buy" with an average price target of $209.15.
• The company reported better-than-expected quarterly earnings with $2.48 EPS and $7.30 billion in revenue, exceeding analysts’ estimates and showing a year-over-year revenue increase of 7.7%.
• Shares of Applied Materials traded at $228.75 recently, with significant investor activity including a 150% increase in holdings by Marquette Asset Management LLC during the third quarter.

Applied Materials (NASDAQ:AMAT - Get Free Report)'s stock had its "hold (c)" rating reissued by stock analysts at Weiss Ratings in a report issued on Friday,Weiss Ratings reports.

Several other equities research analysts have also recently issued reports on the stock. DZ Bank cut shares of Applied Materials from a "hold" rating to a "sell" rating and set a $150.00 price objective on the stock. in a research report on Friday, August 15th. Stifel Nicolaus boosted their price target on shares of Applied Materials from $180.00 to $215.00 and gave the stock a "buy" rating in a research report on Monday, October 13th. Morgan Stanley upgraded shares of Applied Materials from an "equal weight" rating to an "overweight" rating and boosted their price target for the stock from $172.00 to $209.00 in a research report on Monday, September 22nd. Daiwa America cut shares of Applied Materials from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 20th. Finally, Evercore ISI restated an "outperform" rating and issued a $209.00 price target on shares of Applied Materials in a research report on Friday, August 15th. Eighteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $209.15.

Applied Materials Price Performance

Shares of Applied Materials stock traded up $0.28 on Friday, hitting $228.75. 5,340,932 shares of the company traded hands, compared to its average volume of 7,612,840. The stock has a market capitalization of $182.23 billion, a P/E ratio of 27.26, a price-to-earnings-growth ratio of 2.76 and a beta of 1.82. 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 has a 52 week low of $123.74 and a 52 week high of $232.07. The business has a 50-day simple moving average of $189.84 and a 200 day simple moving average of $176.60.

Applied Materials (NASDAQ:AMAT - Get Free Report) last released its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.36 by $0.12. The firm 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 company's revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter last year, the business posted $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Research analysts expect that Applied Materials will post 9.38 earnings per share for the current fiscal year.

Institutional Trading of Applied Materials

Large investors have recently made changes to their positions in the stock. Marquette Asset Management LLC lifted its holdings in Applied Materials by 150.0% during the 3rd quarter. Marquette Asset Management LLC now owns 125 shares of the manufacturing equipment provider's stock valued at $26,000 after buying an additional 75 shares in the last quarter. Smallwood Wealth Investment Management LLC bought a new stake in Applied Materials during the 1st quarter valued at about $29,000. Maseco LLP bought a new stake in Applied Materials during the 2nd quarter valued at about $30,000. Clal Insurance Enterprises Holdings Ltd lifted its holdings in Applied Materials by 435.0% during the 1st 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 in the last quarter. Finally, Activest Wealth Management lifted its holdings in Applied Materials by 5,325.0% during 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. 80.56% of the stock is owned by hedge funds and other institutional investors.

About Applied Materials

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.

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