Boston Trust Walden Corp Purchases 20,403 Shares of Applied Materials, Inc. $AMAT

Key Points

• Boston Trust Walden Corp increased its investment in Applied Materials, purchasing an additional 20,403 shares, bringing its total holdings to 585,296 shares worth approximately $107.15 million.
• Applied Materials recently reported earnings exceeding analysts' expectations with $2.48 EPS and raised its Q4 guidance, while it also declared a quarterly dividend of $0.46 per share.
• Analysts have mixed sentiments on the stock; while 18 analysts rate it as a Buy, there are significant price target adjustments, with DZ Bank lowering its target to $150.

Boston Trust Walden Corp raised its position in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 3.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 585,296 shares of the manufacturing equipment provider's stock after buying an additional 20,403 shares during the quarter. Boston Trust Walden Corp owned about 0.07% of Applied Materials worth $107,150,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Maseco LLP bought a new position in Applied Materials in the 2nd quarter valued at about $30,000. Runnymede Capital Advisors Inc. increased its holdings in Applied Materials by 972.2% in the 1st quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider's stock valued at $28,000 after buying an additional 175 shares during the period. Smallwood Wealth Investment Management LLC bought a new position in Applied Materials in the 1st quarter valued at about $29,000. Clal Insurance Enterprises Holdings Ltd increased its holdings in 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 buying an additional 174 shares during the period. Finally, Activest Wealth Management increased its holdings in 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 buying an additional 213 shares during the period. 80.56% of the stock is owned by institutional investors.

Applied Materials Stock Up 4.5%

NASDAQ:AMAT opened at $219.48 on Tuesday. The firm's 50 day simple moving average is $183.33 and its 200 day simple moving average is $172.31. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.50 and a quick ratio of 1.76. Applied Materials, Inc. has a one year low of $123.74 and a one year high of $226.49. The company has a market cap of $174.85 billion, a PE ratio of 26.16, a P/E/G ratio of 2.75 and a beta of 1.82.

Applied Materials (NASDAQ:AMAT - Get Free Report) last posted its 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 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 earned $2.12 EPS. The firm's revenue was up 7.7% compared to the same quarter last year. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, research analysts anticipate 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. Investors of record on Thursday, November 20th will be given a dividend of $0.46 per share. The ex-dividend date is Thursday, November 20th. This represents a $1.84 annualized dividend and a yield of 0.8%. Applied Materials's dividend payout ratio (DPR) is currently 21.93%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. 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. Summit Insights lowered shares of Applied Materials from a "buy" rating to a "hold" rating in a report on Friday, August 15th. Wolfe Research decreased their price target 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. Daiwa Capital Markets reaffirmed a "neutral" rating and set a $170.00 price target (down from $185.00) on shares of Applied Materials in a report on Wednesday, August 20th. Finally, Stifel Nicolaus lifted their price target on shares of Applied Materials from $180.00 to $215.00 and gave the company a "buy" rating in a report on Monday. Eighteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $204.54.

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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