1,590 Shares in Applied Materials, Inc. $AMAT Acquired by Planned Solutions Inc.

Key Points

• Planned Solutions Inc. acquired 1,590 shares of Applied Materials, Inc. for approximately $291,000, marking a significant investment during the second quarter.
• Applied Materials reported a quarterly earnings per share (EPS) of $2.48, exceeding analysts' expectations, with revenues of $7.30 billion, a year-over-year increase of 7.7%.
• The company declared a quarterly dividend of $0.46 per share, payable on December 11th, with a dividend yield of 0.8% and a low payout ratio of 21.93%.

Planned Solutions Inc. purchased a new position in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 1,590 shares of the manufacturing equipment provider's stock, valued at approximately $291,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Shelton Wealth Management LLC grew its holdings in shares of Applied Materials by 1.5% in the 2nd quarter. Shelton Wealth Management LLC now owns 3,398 shares of the manufacturing equipment provider's stock worth $622,000 after acquiring an additional 51 shares during the period. Octavia Wealth Advisors LLC lifted its stake in Applied Materials by 0.8% in the 2nd quarter. Octavia Wealth Advisors LLC now owns 6,200 shares of the manufacturing equipment provider's stock valued at $1,135,000 after buying an additional 51 shares in the last quarter. Narus Financial Partners LLC lifted its stake in Applied Materials by 3.8% in the 2nd quarter. Narus Financial Partners LLC now owns 1,433 shares of the manufacturing equipment provider's stock valued at $262,000 after buying an additional 52 shares in the last quarter. AdvisorNet Financial Inc lifted its stake in Applied Materials by 2.7% in the 2nd quarter. AdvisorNet Financial Inc now owns 1,958 shares of the manufacturing equipment provider's stock valued at $358,000 after buying an additional 52 shares in the last quarter. Finally, Encompass Wealth Advisors LLC lifted its stake in Applied Materials by 3.4% in the 2nd quarter. Encompass Wealth Advisors LLC now owns 1,601 shares of the manufacturing equipment provider's stock valued at $293,000 after buying an additional 53 shares in the last quarter. Institutional investors and hedge funds own 80.56% of the company's stock.

Applied Materials Stock Down 1.2%

Shares of NASDAQ AMAT opened at $224.99 on Friday. Applied Materials, Inc. has a 12-month low of $123.74 and a 12-month high of $232.07. The company has a market cap of $179.24 billion, a P/E ratio of 26.82, a P/E/G ratio of 2.81 and a beta of 1.82. The company has a current ratio of 2.50, a quick ratio of 1.76 and a debt-to-equity ratio of 0.28. The stock has a fifty day moving average price of $186.80 and a 200 day moving average price of $174.30.

Applied Materials (NASDAQ:AMAT - Get Free Report) last posted its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share for the quarter, beating analysts' consensus estimates of $2.36 by $0.12. The company had revenue of $7.30 billion during 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 firm's revenue for the quarter was up 7.7% on a year-over-year basis. During the same period in the prior year, the company posted $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Research analysts anticipate that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Applied Materials Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be paid a $0.46 dividend. The ex-dividend date is Thursday, November 20th. This represents a $1.84 annualized dividend and a dividend yield of 0.8%. Applied Materials's dividend payout ratio (DPR) is presently 21.93%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on AMAT shares. Redburn Atlantic lowered Applied Materials from a "strong-buy" rating to a "hold" rating and reduced their target price for the company from $225.00 to $200.00 in a research note on Monday, July 7th. UBS Group reduced their target price on Applied Materials from $185.00 to $180.00 and set a "neutral" rating on the stock in a research note on Friday, August 15th. Daiwa America lowered Applied Materials from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, August 20th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Applied Materials in a research note on Wednesday, October 8th. Finally, Citigroup reduced their target price on Applied Materials from $220.00 to $205.00 and set a "buy" rating on the stock in a research note on Friday, August 15th. Eighteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, Applied Materials has a consensus rating of "Moderate Buy" and an average target price of $206.08.

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.

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