Applied Materials, Inc. $AMAT Shares Acquired by Cwm LLC

Key Points

• Cwm LLC raised its stake in Applied Materials by 12.8%, acquiring an additional 8,404 shares, bringing their total holdings to $13,528,000 by the end of the last quarter.
• Institutional investors currently hold 80.56% of Applied Materials' stock, indicating a strong institutional interest in the company.
• Applied Materials recently announced a quarterly dividend of $0.46, representing an annualized dividend of $1.84 with a yield of 0.8%.

Cwm LLC increased its stake in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 12.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 73,898 shares of the manufacturing equipment provider's stock after purchasing an additional 8,404 shares during the quarter. Cwm LLC's holdings in Applied Materials were worth $13,528,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Shelton Wealth Management LLC lifted its holdings in Applied Materials by 1.5% in the second quarter. Shelton Wealth Management LLC now owns 3,398 shares of the manufacturing equipment provider's stock worth $622,000 after purchasing an additional 51 shares during the period. Octavia Wealth Advisors LLC lifted its holdings 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 acquiring an additional 51 shares during the last quarter. Narus Financial Partners LLC lifted its holdings 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 acquiring an additional 52 shares during the last quarter. AdvisorNet Financial Inc lifted its holdings 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 acquiring an additional 52 shares during the last quarter. Finally, Encompass Wealth Advisors LLC lifted its holdings 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 acquiring an additional 53 shares during the last quarter. Institutional investors and hedge funds own 80.56% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on AMAT shares. Evercore ISI reissued an "outperform" rating and issued a $209.00 price target on shares of Applied Materials in a report on Friday, August 15th. Cantor Fitzgerald reissued an "overweight" rating and issued a $225.00 price target on shares of Applied Materials in a report on Friday, October 3rd. Wolfe Research cut their price target on shares of Applied Materials from $230.00 to $200.00 and set an "outperform" rating for the company in a report on Friday, August 15th. Morgan Stanley raised shares of Applied Materials from an "equal weight" rating to an "overweight" rating and upped their price objective for the company from $172.00 to $209.00 in a research note on Monday, September 22nd. Finally, Stifel Nicolaus upped their price objective on shares of Applied Materials from $180.00 to $215.00 and gave the company a "buy" rating in a research note on Monday. Eighteen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $204.54.

Applied Materials Price Performance

AMAT stock opened at $219.48 on Tuesday. The company has a current ratio of 2.50, a quick ratio of 1.76 and a debt-to-equity ratio of 0.28. Applied Materials, Inc. has a one year low of $123.74 and a one year high of $226.49. The firm has a market capitalization of $174.85 billion, a PE ratio of 26.16, a P/E/G ratio of 2.75 and a beta of 1.82. The firm has a 50-day moving average of $183.33 and a two-hundred day moving average of $172.31.

Applied Materials (NASDAQ:AMAT - Get Free Report) last posted its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 EPS 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 analyst estimates of $7.21 billion. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The business's quarterly revenue was up 7.7% on a year-over-year basis. During the same period in the prior year, the firm earned $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, analysts forecast that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be issued a $0.46 dividend. The ex-dividend date is Thursday, November 20th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.8%. Applied Materials's dividend payout ratio is currently 21.93%.

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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