Boston Family Office LLC Acquires 2,600 Shares of Applied Materials, Inc. $AMAT

Key Points

• Boston Family Office LLC increased its stake in Applied Materials, Inc. by 57.8%, purchasing an additional 2,600 shares during the first quarter, bringing their total holdings to 7,096 shares valued at approximately $1,030,000.
• Multiple analysts have revised their ratings and price targets for Applied Materials, with the average rating currently at "Moderate Buy" and an average price target of $194.84.
• Applied Materials announced a quarterly dividend of $0.46 per share, which will be paid on September 11th, contributing to an annualized dividend yield of 1.1%.

Boston Family Office LLC raised its holdings in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 57.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 7,096 shares of the manufacturing equipment provider's stock after acquiring an additional 2,600 shares during the quarter. Boston Family Office LLC's holdings in Applied Materials were worth $1,030,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Runnymede Capital Advisors Inc. boosted its stake in Applied Materials by 972.2% in the first quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider's stock valued at $28,000 after acquiring an additional 175 shares during the last quarter. Smallwood Wealth Investment Management LLC bought a new position in Applied Materials in the first quarter valued at approximately $29,000. Clal Insurance Enterprises Holdings Ltd boosted its stake in Applied Materials by 435.0% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider's stock valued at $31,000 after acquiring an additional 174 shares during the last quarter. Mascagni Wealth Management Inc. bought a new position in Applied Materials in the fourth quarter valued at approximately $44,000. Finally, Minot DeBlois Advisors LLC bought a new position in Applied Materials in the fourth quarter valued at approximately $46,000. 80.56% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on AMAT shares. Wall Street Zen lowered shares of Applied Materials from a "buy" rating to a "hold" rating in a report on Saturday, June 14th. DZ Bank lowered shares of Applied Materials from a "hold" rating to a "sell" rating and set a $150.00 target price on the stock. in a report on Friday, August 15th. TD Cowen cut their target price on shares of Applied Materials from $220.00 to $200.00 and set a "buy" rating on the stock in a report on Friday, August 15th. Barclays increased their target price on shares of Applied Materials from $160.00 to $170.00 and gave the stock an "equal weight" rating in a report on Monday, July 28th. Finally, Wolfe Research cut their target price on shares of Applied Materials from $230.00 to $200.00 and set an "outperform" rating on the stock in a report on Friday, August 15th. Seventeen investment 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 a consensus target price of $193.88.

Insiders Place Their Bets

In related news, CAO Adam Sanders sold 562 shares of the firm's stock in a transaction on Tuesday, June 24th. The shares were sold at an average price of $178.60, for a total value of $100,373.20. Following the completion of the transaction, the chief accounting officer owned 5,300 shares of the company's stock, valued at approximately $946,580. This trade represents a 9.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.24% of the company's stock.

Applied Materials Stock Down 1.0%

Shares of NASDAQ:AMAT traded down $1.6030 during midday trading on Wednesday, reaching $160.6170. 6,514,187 shares of the company were exchanged, compared to its average volume of 7,421,403. Applied Materials, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $215.70. The company has a quick ratio of 1.76, a current ratio of 2.46 and a debt-to-equity ratio of 0.29. The stock has a fifty day simple moving average of $183.83 and a two-hundred day simple moving average of $166.39. The firm has a market cap of $128.90 billion, a PE ratio of 19.14, a P/E/G ratio of 2.33 and a beta of 1.70.

Applied Materials (NASDAQ:AMAT - Get Free Report) last issued its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 EPS for the quarter, topping analysts' consensus estimates of $2.36 by $0.12. Applied Materials had a net margin of 23.88% and a return on equity of 41.31%. The business had revenue of $7.30 billion for the quarter, compared to analyst estimates of $7.21 billion. During the same period last year, the business posted $2.12 earnings per share. The firm'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, sell-side analysts forecast that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Thursday, August 21st will be issued a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Thursday, August 21st. Applied Materials's dividend payout ratio (DPR) is presently 21.93%.

About Applied Materials

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.