30,190 Shares in Applied Materials, Inc. $AMAT Purchased by AG2R LA Mondiale Gestion D Actifs

Key Points

• AG2R LA Mondiale Gestion D Actifs has acquired a new position in Applied Materials, Inc., purchasing 30,190 shares valued at approximately $4.73 million.
• The company's recent earnings report showed an EPS of $2.48, surpassing estimates and indicating a 7.7% year-over-year revenue increase.
• Institutional investors now own 80.56% of Applied Materials' stock, highlighting significant investment interest in the company.

AG2R LA Mondiale Gestion D Actifs acquired a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 30,190 shares of the manufacturing equipment provider's stock, valued at approximately $4,732,000.

Several other large investors also recently bought and sold shares of the business. Howe & Rusling Inc. grew its stake in Applied Materials by 0.9% during the 1st quarter. Howe & Rusling Inc. now owns 17,629 shares of the manufacturing equipment provider's stock valued at $2,558,000 after acquiring an additional 153 shares in the last quarter. Guinness Asset Management LTD grew its stake in Applied Materials by 5.3% during the 1st quarter. Guinness Asset Management LTD now owns 229,266 shares of the manufacturing equipment provider's stock valued at $33,270,000 after acquiring an additional 11,588 shares in the last quarter. Maple Capital Management Inc. grew its stake in Applied Materials by 3.0% during the 1st quarter. Maple Capital Management Inc. now owns 85,768 shares of the manufacturing equipment provider's stock valued at $12,447,000 after acquiring an additional 2,480 shares in the last quarter. First Hawaiian Bank grew its stake in shares of Applied Materials by 2.3% in the 1st quarter. First Hawaiian Bank now owns 12,053 shares of the manufacturing equipment provider's stock valued at $1,749,000 after buying an additional 272 shares during the period. Finally, Modern Wealth Management LLC grew its stake in shares of Applied Materials by 126.0% in the 1st quarter. Modern Wealth Management LLC now owns 17,057 shares of the manufacturing equipment provider's stock valued at $2,475,000 after buying an additional 9,509 shares during the period. Hedge funds and other institutional investors own 80.56% of the company's stock.

Insider Buying and Selling

In other news, CAO Adam Sanders sold 562 shares of the business's stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of $178.60, for a total transaction of $100,373.20. Following the transaction, the chief accounting officer directly owned 5,300 shares in the company, valued at $946,580. The trade was a 9.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.24% of the company's stock.

Applied Materials Stock Down 1.4%

Shares of AMAT traded down $2.35 during midday trading on Friday, reaching $167.80. The stock had a trading volume of 5,167,090 shares, 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 company's fifty day simple moving average is $177.79 and its two-hundred day simple moving average is $164.69. The company has a market cap of $133.68 billion, a price-to-earnings ratio of 20.00, a PEG ratio of 2.42 and a beta of 1.77. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.50 and a quick ratio of 1.76.

Applied Materials (NASDAQ:AMAT - Get Free Report) last announced its quarterly earnings results 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. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The firm had revenue of $7.30 billion for the quarter, compared to analyst estimates of $7.21 billion. During the same period last year, the business earned $2.12 EPS. Applied Materials's revenue for the quarter was up 7.7% compared to the same quarter last year. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Equities research analysts expect that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Dividend Announcement

The firm also recently disclosed 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 dividend on an annualized basis and a yield of 1.1%. Applied Materials's payout ratio is currently 21.93%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on AMAT. Wells Fargo & Company dropped their price target on shares of Applied Materials from $215.00 to $205.00 and set an "overweight" rating for the company in a research note on Friday, August 15th. Summit Insights cut shares of Applied Materials from a "buy" rating to a "hold" rating in a research note on Friday, August 15th. Wall Street Zen cut shares of Applied Materials from a "buy" rating to a "hold" rating in a research note on Saturday, June 14th. Raymond James Financial reissued an "outperform" rating and issued a $200.00 price target (down previously from $225.00) on shares of Applied Materials in a research note on Friday, May 16th. Finally, Mizuho reaffirmed a "neutral" rating and set a $175.00 price objective (down previously from $200.00) on shares of Applied Materials in a research report on Friday. 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. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $192.92.

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.