Applied Materials, Inc. $AMAT Shares Sold by Greenleaf Trust

Key Points

• Greenleaf Trust has reduced its stake in Applied Materials, Inc. by 27.3%, owning 29,157 shares worth $5.34 million after selling 10,956 shares in the second quarter.
• Applied Materials recently declared a quarterly dividend of $0.46, set to be paid on December 11th, representing an annualized dividend of $1.84 and a yield of 0.9%.
• The company's Q4 2025 guidance is set between 1.910-2.310 EPS, with an average target price from analysts currently at $194.15 and a consensus rating of "Moderate Buy."

Greenleaf Trust trimmed its stake in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 27.3% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 29,157 shares of the manufacturing equipment provider's stock after selling 10,956 shares during the quarter. Greenleaf Trust's holdings in Applied Materials were worth $5,338,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Runnymede Capital Advisors Inc. boosted its holdings 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 during the period. Smallwood Wealth Investment Management LLC purchased a new stake in shares of Applied Materials in the 1st quarter valued at approximately $29,000. Maseco LLP purchased a new position in Applied Materials during the 2nd quarter worth approximately $30,000. Clal Insurance Enterprises Holdings Ltd grew its position in Applied Materials by 435.0% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider's stock worth $31,000 after purchasing an additional 174 shares in the last quarter. Finally, Activest Wealth Management raised its stake in Applied Materials by 5,325.0% during 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 during the period. 80.56% of the stock is owned by hedge funds and other institutional investors.

Applied Materials Price Performance

NASDAQ AMAT opened at $204.95 on Tuesday. The company has a quick ratio of 1.76, a current ratio of 2.50 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $163.27 billion, a PE ratio of 24.43, a price-to-earnings-growth ratio of 2.91 and a beta of 1.77. Applied Materials, Inc. has a 12-month low of $123.74 and a 12-month high of $215.70. The company has a 50 day moving average price of $177.19 and a two-hundred day moving average price of $167.80.

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 company had revenue of $7.30 billion for the quarter, compared to analyst estimates of $7.21 billion. During the same quarter in the prior year, the business posted $2.12 EPS. Applied Materials's quarterly revenue was up 7.7% on a year-over-year basis. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, equities analysts predict that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be given a $0.46 dividend. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.9%. Applied Materials's payout ratio is currently 21.93%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on AMAT shares. TD Cowen decreased their target price on Applied Materials from $220.00 to $200.00 and set a "buy" rating for the company in a research report on Friday, August 15th. JPMorgan Chase & Co. raised their price objective on Applied Materials from $210.00 to $220.00 and gave the stock an "overweight" rating in a research report on Friday, August 15th. Barclays upped their target price on Applied Materials from $160.00 to $170.00 and gave the company an "equal weight" rating in a report on Monday, July 28th. Morgan Stanley upgraded shares of Applied Materials from an "equal weight" rating to an "overweight" rating and raised their price target for the stock from $172.00 to $209.00 in a report on Monday, September 22nd. Finally, Summit Insights downgraded shares of Applied Materials from a "buy" rating to a "hold" rating in a research report on Friday, August 15th. Seventeen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $194.15.

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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