Callan Family Office LLC Buys 11,877 Shares of Applied Materials, Inc. $AMAT

Callan Family Office LLC increased its stake in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 162.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 19,168 shares of the manufacturing equipment provider's stock after purchasing an additional 11,877 shares during the period. Callan Family Office LLC's holdings in Applied Materials were worth $3,509,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of AMAT. Brighton Jones LLC increased its position in shares of Applied Materials by 28.0% in the fourth quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider's stock worth $2,061,000 after purchasing an additional 2,771 shares during the period. GAMMA Investing LLC boosted its stake in Applied Materials by 27.5% in the first quarter. GAMMA Investing LLC now owns 12,571 shares of the manufacturing equipment provider's stock valued at $1,824,000 after buying an additional 2,711 shares in the last quarter. Simplicity Wealth LLC acquired a new stake in Applied Materials in the first quarter valued at about $351,000. Integrated Advisors Network LLC boosted its stake in Applied Materials by 37.2% in the first quarter. Integrated Advisors Network LLC now owns 10,385 shares of the manufacturing equipment provider's stock valued at $1,507,000 after buying an additional 2,814 shares in the last quarter. Finally, Focus Financial Network Inc. boosted its stake in Applied Materials by 10.2% in the first quarter. Focus Financial Network Inc. now owns 3,539 shares of the manufacturing equipment provider's stock valued at $514,000 after buying an additional 327 shares in the last quarter. Institutional investors own 80.56% of the company's stock.

Applied Materials Price Performance

Shares of AMAT opened at $209.95 on Friday. Applied Materials, Inc. has a 1 year low of $123.74 and a 1 year high of $226.49. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.50 and a quick ratio of 1.76. The company has a market capitalization of $167.25 billion, a price-to-earnings ratio of 25.02, a price-to-earnings-growth ratio of 2.89 and a beta of 1.82. The business has a 50-day moving average of $182.60 and a 200-day moving average of $171.47.

Applied Materials (NASDAQ:AMAT - Get Free Report) last issued its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.36 by $0.12. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The company had revenue of $7.30 billion during the quarter, compared to the consensus estimate of $7.21 billion. During the same period last year, the company earned $2.12 earnings per share. 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. As a group, equities research analysts anticipate that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Announces Dividend

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

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $225.00 price objective on shares of Applied Materials in a research note on Friday, October 3rd. UBS Group reduced their price objective on Applied Materials from $185.00 to $180.00 and set a "neutral" rating on the stock in a research note on Friday, August 15th. Daiwa America lowered Applied Materials from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, August 20th. DZ Bank lowered Applied Materials from a "hold" rating to a "sell" rating and set a $150.00 price objective on the stock. in a research note on Friday, August 15th. Finally, Daiwa Capital Markets reiterated a "neutral" rating and issued a $170.00 target price (down from $185.00) on shares of Applied Materials in a research report on Wednesday, August 20th. Seventeen equities 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's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $200.50.

Applied Materials Company 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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