Autumn Glory Partners LLC Buys 1,310 Shares of Applied Materials, Inc. $AMAT

Key Points

• Autumn Glory Partners LLC has increased its stake in Applied Materials by 55.4%, acquiring an additional 1,310 shares during the second quarter, bringing their total holdings to 3,675 shares valued at approximately $673,000.
• Applied Materials reported a quarterly EPS of $2.48, exceeding analysts' expectations, with revenue reaching $7.30 billion, a 7.7% increase year-over-year.
• The company has declared a quarterly dividend of $0.46 per share, which will be paid on December 11, demonstrating a dividend yield of 0.8% and a payout ratio of 21.93%.

Autumn Glory Partners LLC increased its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 55.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,675 shares of the manufacturing equipment provider's stock after acquiring an additional 1,310 shares during the quarter. Autumn Glory Partners LLC's holdings in Applied Materials were worth $673,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Ameriprise Financial Inc. increased its position in Applied Materials by 23.6% during the first quarter. Ameriprise Financial Inc. now owns 7,860,838 shares of the manufacturing equipment provider's stock worth $1,140,836,000 after acquiring an additional 1,502,995 shares during the period. Amundi boosted its stake in Applied Materials by 15.8% during the first quarter. Amundi now owns 7,656,034 shares of the manufacturing equipment provider's stock worth $1,038,504,000 after buying an additional 1,046,635 shares in the last quarter. Nuveen LLC acquired a new stake in Applied Materials during the first quarter worth $1,085,600,000. Deutsche Bank AG boosted its stake in Applied Materials by 20.7% during the first quarter. Deutsche Bank AG now owns 7,189,402 shares of the manufacturing equipment provider's stock worth $1,043,326,000 after buying an additional 1,235,097 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its stake in Applied Materials by 43.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 5,573,673 shares of the manufacturing equipment provider's stock worth $808,853,000 after buying an additional 1,691,428 shares in the last quarter. Institutional investors own 80.56% of the company's stock.

Applied Materials Stock Performance

Shares of NASDAQ:AMAT opened at $217.53 on Monday. The company has a current ratio of 2.50, a quick ratio of 1.76 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $173.29 billion, a P/E ratio of 25.93, a P/E/G ratio of 2.85 and a beta of 1.82. The business has a 50-day moving average price of $179.50 and a two-hundred day moving average price of $169.52. Applied Materials, Inc. has a 1-year low of $123.74 and a 1-year high of $226.41.

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, beating analysts' consensus estimates of $2.36 by $0.12. The company had revenue of $7.30 billion during the quarter, compared to analysts' expectations of $7.21 billion. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.Applied Materials's revenue was up 7.7% on a year-over-year basis. During the same period in the prior year, the business posted $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Equities analysts predict that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be paid 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 0.8%. Applied Materials's dividend payout ratio is 21.93%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on AMAT shares. Cantor Fitzgerald reiterated an "overweight" rating and set a $225.00 price target on shares of Applied Materials in a research note on Friday. Daiwa America downgraded shares of Applied Materials from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, August 20th. Cfra Research upgraded shares of Applied Materials to a "hold" rating in a research note on Friday, August 15th. JPMorgan Chase & Co. boosted their target price on shares of Applied Materials from $210.00 to $220.00 and gave the company an "overweight" rating in a research note on Friday, August 15th. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on shares of Applied Materials from $200.00 to $170.00 and set a "hold" rating on the stock in a research note on Friday, August 15th. Seventeen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $195.12.

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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