Cypress Wealth Services LLC Invests $402,000 in Applied Materials, Inc. $AMAT

Key Points

• Cypress Wealth Services LLC has invested $402,000 in Applied Materials, acquiring 2,193 shares of the manufacturing equipment provider.
• Applied Materials recently reported quarterly earnings of $2.48 per share, surpassing analysts' estimates, with revenue of $7.30 billion, a year-over-year increase of 7.7%.
• The company has announced a quarterly dividend of $0.46, with a payout ratio of 21.93%, set to be paid on December 11th.

Cypress Wealth Services LLC purchased a new position in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 2,193 shares of the manufacturing equipment provider's stock, valued at approximately $402,000.

Other large investors also recently modified their holdings of the company. Nuveen LLC acquired a new position in shares of Applied Materials during the first quarter valued at $1,085,600,000. Kingstone Capital Partners Texas LLC acquired a new position in shares of Applied Materials during the second quarter valued at $882,396,000. Pacer Advisors Inc. boosted its holdings in shares of Applied Materials by 2,401.0% during the first quarter. Pacer Advisors Inc. now owns 3,066,817 shares of the manufacturing equipment provider's stock valued at $445,056,000 after acquiring an additional 2,944,193 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in shares of Applied Materials by 43.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 5,573,673 shares of the manufacturing equipment provider's stock valued at $808,853,000 after acquiring an additional 1,691,428 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in shares of Applied Materials by 23.6% during the first quarter. Ameriprise Financial Inc. now owns 7,860,838 shares of the manufacturing equipment provider's stock valued at $1,140,836,000 after acquiring an additional 1,502,995 shares during the period. 80.56% of the stock is currently owned by institutional investors.

Applied Materials Price Performance

NASDAQ AMAT opened at $218.19 on Wednesday. The stock's 50-day moving average price is $184.11 and its two-hundred day moving average price is $172.62. The company has a current ratio of 2.50, a quick ratio of 1.76 and a debt-to-equity ratio of 0.28. The company has a market cap of $173.82 billion, a PE ratio of 26.01, a PEG ratio of 2.88 and a beta of 1.82. Applied Materials, Inc. has a 1 year low of $123.74 and a 1 year high of $226.49.

Applied Materials (NASDAQ:AMAT - Get Free Report) last posted its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.36 by $0.12. The firm had revenue of $7.30 billion for 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 revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, analysts predict that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be given a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, November 20th. Applied Materials's payout ratio is currently 21.93%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on AMAT shares. Weiss Ratings reissued a "hold (c)" rating on shares of Applied Materials in a report on Wednesday, October 8th. TD Cowen reduced their price target on shares of Applied Materials from $220.00 to $200.00 and set a "buy" rating for the company in a report on Friday, August 15th. DZ Bank downgraded shares of Applied Materials from a "hold" rating to a "sell" rating and set a $150.00 price objective for the company. in a report on Friday, August 15th. Morgan Stanley raised shares of Applied Materials from an "equal weight" rating to an "overweight" rating and upped their price objective for the stock from $172.00 to $209.00 in a report on Monday, September 22nd. Finally, Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $225.00 price objective on shares of Applied Materials in a report on Friday, October 3rd. Eighteen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $204.54.

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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