Alpha Wealth Funds LLC Purchases Shares of 1,300 Applied Materials, Inc. $AMAT

Key Points

• Alpha Wealth Funds LLC acquired 1,300 shares of Applied Materials, Inc., valued at approximately $237,000, during the 2nd quarter.
• Several large investors, including Nuveen LLC and Pacer Advisors Inc., have significantly increased their stakes in Applied Materials in recent quarters, collectively owning over 80.56% of the company's stock.
• Applied Materials recently announced a quarterly dividend of $0.46 per share, with a yield of 0.8%, to be paid on December 11th.

Alpha Wealth Funds LLC purchased a new stake in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,300 shares of the manufacturing equipment provider's stock, valued at approximately $237,000.

Several other large investors also recently made changes to their positions in AMAT. Nuveen LLC acquired a new stake in shares of Applied Materials in the first quarter valued at approximately $1,085,600,000. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Applied Materials in the second quarter valued at approximately $882,396,000. Pacer Advisors Inc. increased its stake in shares of Applied Materials by 2,401.0% in the first quarter. Pacer Advisors Inc. now owns 3,066,817 shares of the manufacturing equipment provider's stock valued at $445,056,000 after purchasing an additional 2,944,193 shares during the period. Price T Rowe Associates Inc. MD increased its stake in shares of Applied Materials by 43.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,573,673 shares of the manufacturing equipment provider's stock valued at $808,853,000 after purchasing an additional 1,691,428 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in shares of Applied Materials by 23.6% in the first quarter. Ameriprise Financial Inc. now owns 7,860,838 shares of the manufacturing equipment provider's stock valued at $1,140,836,000 after purchasing an additional 1,502,995 shares during the period. Institutional investors and hedge funds own 80.56% of the company's stock.

Analyst Ratings Changes

Several brokerages have commented on AMAT. Evercore ISI restated an "outperform" rating and issued a $209.00 price target on shares of Applied Materials in a research note on Friday, August 15th. Rothschild & Co Redburn lowered shares of Applied Materials from a "buy" rating to a "neutral" rating and set a $200.00 price objective on the stock. in a research note on Monday, July 7th. Cfra Research upgraded shares of Applied Materials to a "hold" rating in a research note on Friday, August 15th. KeyCorp raised their price objective on shares of Applied Materials from $220.00 to $240.00 and gave the company an "overweight" rating in a research note on Friday, October 10th. Finally, Cantor Fitzgerald reiterated an "overweight" rating and set a $225.00 price objective on shares of Applied Materials in a research note on Friday, October 3rd. Eighteen investment 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. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $206.08.

Applied Materials Trading Down 1.2%

Shares of NASDAQ:AMAT opened at $224.99 on Friday. The stock has a market capitalization of $179.24 billion, a price-to-earnings ratio of 26.82, a PEG ratio of 2.81 and a beta of 1.82. Applied Materials, Inc. has a 1-year low of $123.74 and a 1-year high of $232.07. 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 company has a 50 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 issued its earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share 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 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% compared to the same quarter last year. During the same period last year, the firm posted $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, research analysts anticipate that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be issued a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis 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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