Senator Angus S. King Jr. (I-Maine) recently bought shares of Applied Materials, Inc. NASDAQ: AMAT. In a filing disclosed on August 18th, the Senator disclosed that they had bought between $1,001 and $15,000 in Applied Materials stock on July 21st.
Senator Angus S. King Jr. also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of JPMorgan Chase & Co. NYSE: JPM on 7/21/2025.
- Purchased $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 7/21/2025.
- Purchased $1,001 - $15,000 in shares of Lowe's Companies NYSE: LOW on 7/21/2025.
- Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 7/21/2025.
- Purchased $1,001 - $15,000 in shares of Exxon Mobil NYSE: XOM on 7/21/2025.
- Purchased $1,001 - $15,000 in shares of Arista Networks NYSE: ANET on 7/21/2025.
- Purchased $1,001 - $15,000 in shares of Uber Technologies NYSE: UBER on 7/21/2025.
- Purchased $1,001 - $15,000 in shares of Netflix NASDAQ: NFLX on 7/21/2025.
- Purchased $1,001 - $15,000 in shares of PayPal NASDAQ: PYPL on 7/21/2025.
- Purchased $1,001 - $15,000 in shares of Quanta Services NYSE: PWR on 7/21/2025.
Applied Materials Stock Performance
Shares of Applied Materials stock opened at $159.84 on Friday. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $215.70. The company has a quick ratio of 1.76, a current ratio of 2.46 and a debt-to-equity ratio of 0.29. The stock has a market cap of $128.27 billion, a PE ratio of 19.05, a price-to-earnings-growth ratio of 2.29 and a beta of 1.70. The business has a fifty day simple moving average of $183.29 and a 200-day simple moving average of $166.23.
Applied Materials (NASDAQ:AMAT - Get Free Report) last announced its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 EPS for the quarter, topping analysts' consensus estimates of $2.36 by $0.12. The firm had revenue of $7.30 billion during the quarter, compared to analyst estimates of $7.21 billion. Applied Materials had a return on equity of 41.31% and a net margin of 23.88%.The business's quarterly revenue was up 7.7% compared to the same quarter last year. During the same period last year, the company posted $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, sell-side analysts anticipate that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.
Applied Materials Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Thursday, August 21st will be paid a $0.46 dividend. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $1.84 dividend on an annualized basis and a yield of 1.2%. Applied Materials's dividend payout ratio (DPR) is currently 21.93%.
Institutional Trading of Applied Materials
Several large investors have recently made changes to their positions in AMAT. Runnymede Capital Advisors Inc. lifted its position in Applied Materials by 972.2% during the 1st quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider's stock worth $28,000 after acquiring an additional 175 shares during the last quarter. Smallwood Wealth Investment Management LLC acquired a new stake in shares of Applied Materials in the first quarter valued at about $29,000. Maseco LLP bought a new position in shares of Applied Materials in the second quarter worth about $30,000. Clal Insurance Enterprises Holdings Ltd lifted its position in shares of 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 worth $31,000 after purchasing an additional 174 shares during the last quarter. Finally, Activest Wealth Management boosted its stake 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 purchasing an additional 213 shares during the period. Institutional investors own 80.56% of the company's stock.
Insider Transactions at Applied Materials
In other Applied Materials news, CAO Adam Sanders sold 562 shares of Applied Materials stock in a transaction that occurred on Tuesday, June 24th. The stock was sold at an average price of $178.60, for a total value of $100,373.20. Following the transaction, the chief accounting officer directly owned 5,300 shares of the company's stock, valued at $946,580. The trade was a 9.59% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.24% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
Several research firms have weighed in on AMAT. Daiwa Capital Markets reiterated a "neutral" rating and issued a $170.00 price objective (down previously from $185.00) on shares of Applied Materials in a research note on Wednesday. Wolfe Research lowered their price target on shares of Applied Materials from $230.00 to $200.00 and set an "outperform" rating on the stock in a report on Friday, August 15th. Stifel Nicolaus cut their price objective on Applied Materials from $195.00 to $180.00 and set a "buy" rating for the company in a report on Friday, August 15th. Cantor Fitzgerald reduced their price objective on Applied Materials from $220.00 to $200.00 and set an "overweight" rating for the company in a research report on Friday, August 15th. Finally, Wall Street Zen lowered Applied Materials from a "buy" rating to a "hold" rating in a research report on Saturday, June 14th. Seventeen research 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. Based on data from MarketBeat, Applied Materials currently has an average rating of "Moderate Buy" and a consensus price target of $193.88.
Check Out Our Latest Stock Report on Applied Materials
About Senator King
Angus King (independent) is a member of the U.S. Senate from Maine. He assumed office on January 3, 2013. His current term ends on January 3, 2031.
King (independent) ran for re-election to the U.S. Senate to represent Maine. He won in the general election on November 5, 2024.
About Applied Materials
(
Get Free Report)
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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