Capital Advisors Inc. OK Purchases 42,413 Shares of Applied Materials, Inc. $AMAT

Key Points

• Capital Advisors Inc. OK increased its stake in Applied Materials, Inc. by 11.7%, acquiring an additional 42,413 shares, bringing its total holdings to 403,850 shares.
• The company recently reported earnings of $2.48 per share, exceeding analysts' expectations, and set a fourth-quarter guidance of 1.910-2.310 EPS.
• Applied Materials announced a quarterly dividend of $0.46 per share, with a yield of 0.8%, to be paid to shareholders on December 11th.

Capital Advisors Inc. OK increased its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 11.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 403,850 shares of the manufacturing equipment provider's stock after acquiring an additional 42,413 shares during the period. Applied Materials comprises approximately 1.3% of Capital Advisors Inc. OK's holdings, making the stock its 19th largest holding. Capital Advisors Inc. OK owned approximately 0.05% of Applied Materials worth $70,915,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. Ameriprise Financial Inc. grew its position in Applied Materials by 23.6% during the 1st 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 last quarter. Amundi grew its position in Applied Materials by 15.8% during the 1st quarter. Amundi now owns 7,656,034 shares of the manufacturing equipment provider's stock worth $1,038,504,000 after acquiring an additional 1,046,635 shares during the last quarter. Nuveen LLC bought a new stake in Applied Materials during the 1st quarter worth approximately $1,085,600,000. Deutsche Bank AG grew its position in Applied Materials by 20.7% during the 1st quarter. Deutsche Bank AG now owns 7,189,402 shares of the manufacturing equipment provider's stock worth $1,043,326,000 after acquiring an additional 1,235,097 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD grew its position in Applied Materials by 43.6% during the 1st 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 acquiring an additional 1,691,428 shares during the last quarter. 80.56% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have issued reports on AMAT. DZ Bank downgraded Applied Materials from a "hold" rating to a "sell" rating and set a $150.00 price objective on the stock. in a report on Friday, August 15th. Stifel Nicolaus reduced their price objective on Applied Materials from $195.00 to $180.00 and set a "buy" rating on the stock in a report on Friday, August 15th. Citigroup reduced their price objective on Applied Materials from $220.00 to $205.00 and set a "buy" rating on the stock in a report on Friday, August 15th. Barclays upped their price objective on Applied Materials from $160.00 to $170.00 and gave the stock an "equal weight" rating in a report on Monday, July 28th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on Applied Materials from $200.00 to $170.00 and set a "hold" rating on the stock in a report on Friday, August 15th. Seventeen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Applied Materials presently has an average rating of "Moderate Buy" and an average target price of $195.12.

Applied Materials Price Performance

AMAT stock opened at $217.53 on Monday. The stock has a 50-day moving average price of $179.50 and a two-hundred day moving average price of $169.52. The stock has a market cap of $173.29 billion, a PE ratio of 25.93, a price-to-earnings-growth ratio of 2.85 and a beta of 1.82. The company has a current ratio of 2.50, a quick ratio of 1.76 and a debt-to-equity ratio of 0.28. 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 released its earnings results 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. The firm 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%.The company's revenue was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Equities analysts forecast that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Applied Materials Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be issued a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Thursday, November 20th. Applied Materials's dividend payout ratio is 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.

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