Capital Asset Advisory Services LLC Buys 2,187 Shares of Applied Materials, Inc. $AMAT

Key Points

• Capital Asset Advisory Services LLC increased its stake in Applied Materials, Inc. by 8.9%, now owning 26,854 shares valued at approximately $4.9 million.
• Applied Materials reported $2.48 EPS for the last quarter, exceeding expectations, with year-over-year revenue growth of 7.7%.
• The company has announced a quarterly dividend of $0.46 per share, payable on December 11th, indicating a 1.1% dividend yield.

Capital Asset Advisory Services LLC increased its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 8.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,854 shares of the manufacturing equipment provider's stock after acquiring an additional 2,187 shares during the quarter. Capital Asset Advisory Services LLC's holdings in Applied Materials were worth $4,935,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Runnymede Capital Advisors Inc. increased its holdings in shares of Applied Materials by 972.2% during the 1st quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider's stock worth $28,000 after acquiring an additional 175 shares during the last quarter. Smallwood Wealth Investment Management LLC acquired a new position in shares of Applied Materials during the 1st quarter worth approximately $29,000. Clal Insurance Enterprises Holdings Ltd increased its holdings in shares of Applied Materials by 435.0% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider's stock worth $31,000 after acquiring an additional 174 shares during the last quarter. Activest Wealth Management increased its holdings in shares of Applied Materials by 5,325.0% during the 1st quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider's stock worth $31,000 after acquiring an additional 213 shares during the last quarter. Finally, Greenline Partners LLC acquired a new position in shares of Applied Materials during the 1st quarter worth approximately $39,000. 80.56% of the stock is owned by institutional investors and hedge funds.

Applied Materials Price Performance

Shares of AMAT stock opened at $167.80 on Friday. The company has a quick ratio of 1.76, a current ratio of 2.50 and a debt-to-equity ratio of 0.28. Applied Materials, Inc. has a twelve month low of $123.74 and a twelve month high of $215.70. The company has a market cap of $133.68 billion, a P/E ratio of 20.00, a P/E/G ratio of 2.42 and a beta of 1.77. The business has a fifty day simple moving average of $177.79 and a 200 day simple moving average of $164.69.

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, beating the consensus estimate of $2.36 by $0.12. The firm had revenue of $7.30 billion during the quarter, compared to the consensus estimate of $7.21 billion. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The business's quarterly revenue was up 7.7% on a year-over-year basis. During the same period last year, the company earned $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, sell-side analysts forecast that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Applied Materials Dividend Announcement

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 1.1%. The ex-dividend date is Thursday, November 20th. Applied Materials's dividend payout ratio (DPR) is 21.93%.

Insider Activity

In other news, CAO Adam Sanders sold 562 shares of the firm's stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of $178.60, for a total transaction of $100,373.20. Following the completion of the transaction, the chief accounting officer directly owned 5,300 shares in the company, valued at $946,580. This trade represents a 9.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.24% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. JPMorgan Chase & Co. upped their price objective on Applied Materials from $210.00 to $220.00 and gave the company an "overweight" rating in a report on Friday, August 15th. Evercore ISI reaffirmed an "outperform" rating and issued a $209.00 price objective on shares of Applied Materials in a report on Friday, August 15th. Deutsche Bank Aktiengesellschaft decreased 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. Citigroup decreased 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. Finally, Rothschild & Co Redburn lowered Applied Materials from a "buy" rating to a "neutral" rating and set a $200.00 price objective on the stock. in a report on Monday, July 7th. Sixteen investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $192.92.

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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