20,000 Shares in Applied Materials, Inc. $AMAT Purchased by S Bank Fund Management Ltd

Key Points

• S Bank Fund Management Ltd purchased 20,000 shares of Applied Materials, Inc. for approximately $3.66 million, indicating strong institutional interest in the company.
• Applied Materials recently reported earnings that exceeded expectations, with an EPS of $2.48 and quarterly revenue of $7.30 billion, marking a 7.7% year-over-year increase.
• Analysts have mixed ratings on Applied Materials, with a consensus target price of $206.08 and a rating of "Moderate Buy" based on the assessments from eighteen investment analysts.

S Bank Fund Management Ltd bought a new position in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 20,000 shares of the manufacturing equipment provider's stock, valued at approximately $3,661,000.

A number of other hedge funds also recently made changes to their positions in AMAT. Runnymede Capital Advisors Inc. lifted its position in shares of Applied Materials by 972.2% in the first quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider's stock worth $28,000 after buying an additional 175 shares in the last quarter. Smallwood Wealth Investment Management LLC purchased a new stake in Applied Materials during the first quarter valued at approximately $29,000. Maseco LLP purchased a new stake in Applied Materials during the second quarter valued at approximately $30,000. Clal Insurance Enterprises Holdings Ltd raised its position in Applied Materials by 435.0% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider's stock valued at $31,000 after purchasing an additional 174 shares during the period. Finally, Activest Wealth Management raised its position in Applied Materials by 5,325.0% during the first 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. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on AMAT. Daiwa Capital Markets restated a "neutral" rating and set a $170.00 price objective (down from $185.00) on shares of Applied Materials in a research report on Wednesday, August 20th. Weiss Ratings restated a "hold (c)" rating on shares of Applied Materials in a research report on Wednesday, October 8th. TD Cowen decreased their price objective on Applied Materials from $220.00 to $200.00 and set a "buy" rating on the stock in a research report on Friday, August 15th. Summit Insights downgraded Applied Materials from a "buy" rating to a "hold" rating in a research report on Friday, August 15th. Finally, Wolfe Research cut their target price on Applied Materials from $230.00 to $200.00 and set an "outperform" rating on the stock in a research note on Friday, August 15th. Eighteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Applied Materials currently has an average rating of "Moderate Buy" and a consensus target price of $206.08.

Applied Materials Trading Up 4.3%

Shares of NASDAQ AMAT opened at $227.58 on Thursday. The business's 50 day moving average price is $185.10 and its 200-day moving average price is $173.00. The company has a market cap of $181.30 billion, a price-to-earnings ratio of 27.13, a PEG ratio of 2.73 and a beta of 1.82. Applied Materials, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $228.10. 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 (NASDAQ:AMAT - Get Free Report) last released its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 EPS for the quarter, topping the consensus estimate of $2.36 by $0.12. The company had revenue of $7.30 billion for the quarter, compared to the consensus estimate of $7.21 billion. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.Applied Materials's quarterly revenue was up 7.7% on a year-over-year basis. During the same period last year, the business posted $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, sell-side analysts expect that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Dividend Announcement

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

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.

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