Copperleaf Capital LLC Takes Position in Applied Materials, Inc. $AMAT

Key Points

• Copperleaf Capital LLC has invested $586,000 in Applied Materials, purchasing 4,038 shares, according to a recent SEC filing.
• Applied Materials has demonstrated positive financial performance with a quarterly earnings per share of $2.48, surpassing analyst estimates and showing a year-over-year revenue increase of 7.7%.
• Seventeen analysts have rated Applied Materials as a "Buy" while maintaining an average price target of $193.88 for the stock, indicating strong market sentiment.

Copperleaf Capital LLC purchased a new stake in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 4,038 shares of the manufacturing equipment provider's stock, valued at approximately $586,000.

A number of other institutional investors have also recently bought and sold shares of AMAT. Runnymede Capital Advisors Inc. grew its holdings in 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 period. Smallwood Wealth Investment Management LLC acquired a new stake in Applied Materials during the 1st quarter worth $29,000. Clal Insurance Enterprises Holdings Ltd grew its holdings in 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 period. Activest Wealth Management grew its holdings in 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 period. Finally, Disciplina Capital Management LLC grew its holdings in Applied Materials by 91.5% during the 1st quarter. Disciplina Capital Management LLC now owns 272 shares of the manufacturing equipment provider's stock worth $39,000 after acquiring an additional 130 shares during the period. Institutional investors and hedge funds own 80.56% of the company's stock.

Applied Materials Stock Up 2.9%

AMAT traded up $4.51 during trading on Friday, hitting $162.75. The company had a trading volume of 7,034,707 shares, compared to its average volume of 8,143,077. The company has a market capitalization of $129.65 billion, a PE ratio of 19.40, a PEG ratio of 2.32 and a beta of 1.77. Applied Materials, Inc. has a one year low of $123.74 and a one year high of $215.70. The firm's 50-day moving average price is $180.02 and its 200 day moving average price is $164.86. 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 (NASDAQ:AMAT - Get Free Report) last issued its quarterly 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 firm had revenue of $7.30 billion for the quarter, compared to analysts' expectations of $7.21 billion. During the same period in the previous year, the firm posted $2.12 EPS. The company's revenue for the quarter 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, equities analysts expect that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Thursday, August 21st will be given a dividend of $0.46 per share. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $1.84 annualized dividend and a yield of 1.1%. Applied Materials's payout ratio is 21.93%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Daiwa America cut shares of Applied Materials from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 20th. Barclays raised their price objective on Applied Materials from $160.00 to $170.00 and gave the stock an "equal weight" rating in a research note on Monday, July 28th. Morgan Stanley raised their price objective on Applied Materials from $169.00 to $172.00 and gave the stock an "equal weight" rating in a research note on Friday, August 15th. Stifel Nicolaus dropped their price objective on Applied Materials from $195.00 to $180.00 and set a "buy" rating on the stock in a research note on Friday, August 15th. Finally, B. Riley dropped their price objective on Applied Materials from $250.00 to $215.00 and set a "buy" rating on the stock in a research note on Monday, May 12th. Seventeen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $193.88.

Insider Activity

In other news, CAO Adam Sanders sold 562 shares of the company's stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of $178.60, for a total value of $100,373.20. Following the sale, the chief accounting officer directly owned 5,300 shares of the company's stock, valued at approximately $946,580. This represents a 9.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.24% of the company's stock.

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.