Bard Financial Services Inc. Has $9.93 Million Holdings in Applied Materials, Inc. $AMAT

Key Points

• Bard Financial Services Inc. reduced its holdings in Applied Materials, Inc. by 3.3% in the second quarter, owning 54,215 shares worth approximately $9.93 million after selling 1,850 shares.
• Applied Materials reported a quarterly EPS of $2.48, exceeding analyst expectations, and has set guidance for Q4 2025 EPS between $1.910 and $2.310.
• The company declared a quarterly dividend of $0.46 per share to be paid on December 11th, resulting in an annualized dividend yield of 1.1%.

Bard Financial Services Inc. decreased its position in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 3.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 54,215 shares of the manufacturing equipment provider's stock after selling 1,850 shares during the quarter. Applied Materials makes up approximately 1.2% of Bard Financial Services Inc.'s portfolio, making the stock its 19th largest holding. Bard Financial Services Inc.'s holdings in Applied Materials were worth $9,925,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of AMAT. Runnymede Capital Advisors Inc. increased its position in Applied Materials by 972.2% during the first quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider's stock worth $28,000 after acquiring an additional 175 shares during the period. Smallwood Wealth Investment Management LLC acquired a new stake in shares of Applied Materials in the 1st quarter valued at $29,000. Clal Insurance Enterprises Holdings Ltd boosted its stake in shares of Applied Materials by 435.0% in the 1st 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 in the last quarter. Activest Wealth Management boosted its stake in shares of Applied Materials by 5,325.0% in the 1st 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 in the last quarter. Finally, Disciplina Capital Management LLC boosted its stake in shares of Applied Materials by 91.5% in the 1st quarter. Disciplina Capital Management LLC now owns 272 shares of the manufacturing equipment provider's stock valued at $39,000 after purchasing an additional 130 shares in the last quarter. Institutional investors own 80.56% of the company's stock.

Applied Materials Trading Up 1.5%

Shares of NASDAQ:AMAT traded up $2.61 during mid-day trading on Tuesday, reaching $173.54. The stock had a trading volume of 6,444,862 shares, compared to its average volume of 6,584,881. The firm has a market cap of $138.25 billion, a PE ratio of 17.86, a price-to-earnings-growth ratio of 2.43 and a beta of 1.77. The firm has a 50 day simple moving average of $177.39 and a two-hundred day simple moving average of $164.84. 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 twelve month low of $123.74 and a twelve month high of $215.70.

Applied Materials (NASDAQ:AMAT - Get Free Report) last announced its quarterly earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share for the quarter, beating analysts' consensus estimates of $2.36 by $0.12. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The business had revenue of $7.30 billion for the quarter, compared to the consensus estimate of $7.21 billion. During the same period last year, the company posted $2.12 EPS. Applied Materials's revenue for the quarter was up 7.7% on a year-over-year basis. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, research analysts predict 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 paid a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, November 20th. Applied Materials's dividend payout ratio is presently 21.93%.

Insider Transactions at Applied Materials

In related news, CAO Adam Sanders sold 562 shares of the stock in a transaction that occurred on Tuesday, June 24th. The stock was sold at an average price of $178.60, for a total transaction of $100,373.20. Following the completion of the sale, the chief accounting officer directly owned 5,300 shares of the company's stock, valued at approximately $946,580. This represents a 9.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.24% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently commented on AMAT. Wolfe Research reduced their target price on shares of Applied Materials from $230.00 to $200.00 and set an "outperform" rating on the stock in a research note on Friday, August 15th. TD Cowen reduced their price target on shares of Applied Materials from $220.00 to $200.00 and set a "buy" rating on the stock in a research report on Friday, August 15th. DZ Bank downgraded shares of Applied Materials from a "hold" rating to a "sell" rating and set a $150.00 price target on the stock. in a research report on Friday, August 15th. Cantor Fitzgerald reduced their price target on shares of Applied Materials from $220.00 to $200.00 and set an "overweight" rating on the stock in a research report on Friday, August 15th. Finally, Summit Insights downgraded Applied Materials from a "buy" rating to a "hold" rating in a report on Friday, August 15th. Sixteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price 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.