MBB Public Markets I LLC Acquires Shares of 1,934 Applied Materials, Inc. $AMAT

Key Points

• MBB Public Markets I LLC has acquired a new stake in Applied Materials, purchasing 1,934 shares valued at approximately $281,000 in the first quarter.
• Applied Materials reported a quarterly EPS of $2.48, surpassing analysts' expectations, with revenue of $7.30 billion, marking a year-over-year growth of 7.7%.
• Analyst ratings for Applied Materials are mixed, with seventeen analysts rating it as a Buy and several recent downgrades, resulting in a consensus target price of $193.88.

MBB Public Markets I LLC bought a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,934 shares of the manufacturing equipment provider's stock, valued at approximately $281,000.

Several other institutional investors have also recently made changes to their positions in AMAT. Runnymede Capital Advisors Inc. raised its position in shares of Applied Materials by 972.2% during the 1st quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider's stock valued at $28,000 after buying an additional 175 shares during the period. Smallwood Wealth Investment Management LLC purchased a new stake in shares of Applied Materials during the 1st quarter valued at approximately $29,000. Clal Insurance Enterprises Holdings Ltd raised 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 valued at $31,000 after buying an additional 174 shares during the period. Activest Wealth Management raised its position in shares of 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 during the period. Finally, Disciplina Capital Management LLC raised its position in shares of Applied Materials by 91.5% during the 1st quarter. Disciplina Capital Management LLC now owns 272 shares of the manufacturing equipment provider's stock valued at $39,000 after buying an additional 130 shares during the period. Hedge funds and other institutional investors own 80.56% of the company's stock.

Applied Materials Stock Down 1.4%

Shares of Applied Materials stock traded down $2.35 during trading hours on Friday, reaching $167.80. 5,167,090 shares of the company were exchanged, compared to its average volume of 8,142,924. Applied Materials, Inc. has a 1 year low of $123.74 and a 1 year high of $215.70. The stock's fifty day moving average is $177.79 and its 200 day moving average is $164.69. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.76 and a current ratio of 2.50. The firm has a market cap of $133.68 billion, a PE ratio of 20.00, a PEG ratio of 2.42 and a beta of 1.77.

Applied Materials (NASDAQ:AMAT - Get Free Report) last issued its earnings results 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 the consensus estimate 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 was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, equities research analysts forecast that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be paid a dividend of $0.46 per share. The ex-dividend date is Thursday, November 20th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.1%. Applied Materials's payout ratio is presently 21.93%.

Analyst Ratings Changes

AMAT has been the topic of several analyst reports. Cfra Research raised shares of Applied Materials to a "hold" rating in a research report on Friday, August 15th. Cantor Fitzgerald cut their price objective on Applied Materials from $220.00 to $200.00 and set an "overweight" rating on the stock in a report on Friday, August 15th. Morgan Stanley boosted their price objective on Applied Materials from $169.00 to $172.00 and gave the company an "equal weight" rating in a report on Friday, August 15th. Citigroup cut their price objective on Applied Materials from $220.00 to $205.00 and set a "buy" rating on the stock in a report on Friday, August 15th. Finally, Barclays upped their price objective on Applied Materials from $160.00 to $170.00 and gave the stock an "equal weight" rating in a research report on Monday, July 28th. Sixteen equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $192.92.

Insider Activity at Applied Materials

In related news, CAO Adam Sanders sold 562 shares of the business's stock in a transaction on Tuesday, June 24th. The shares were sold at an average price of $178.60, for a total transaction of $100,373.20. Following the completion of the transaction, the chief accounting officer owned 5,300 shares in the company, valued at approximately $946,580. The trade was a 9.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.24% of the company's stock.

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.