Epoch Investment Partners Inc. Has $184.62 Million Position in Applied Materials, Inc. $AMAT

Key Points

• Epoch Investment Partners Inc. increased its stake in Applied Materials, Inc. by 3.5%, owning approximately 1.27 million shares valued at $184.62 million as of the latest quarter.
• Applied Materials achieved earnings per share of $2.48 for the last quarter, exceeding analysts' expectations of $2.36, and reported a revenue of $7.30 billion.
• The company also declared a quarterly dividend of $0.46, with an ex-dividend date set for August 21, aiming for an annualized yield of 1.1%.

Epoch Investment Partners Inc. grew its holdings in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 3.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,272,170 shares of the manufacturing equipment provider's stock after buying an additional 42,742 shares during the quarter. Applied Materials comprises 1.0% of Epoch Investment Partners Inc.'s investment portfolio, making the stock its 23rd biggest holding. Epoch Investment Partners Inc. owned 0.16% of Applied Materials worth $184,617,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Runnymede Capital Advisors Inc. grew its holdings in shares of Applied Materials by 972.2% in 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 position in Applied Materials in the 1st quarter valued at about $29,000. Clal Insurance Enterprises Holdings Ltd lifted its stake in shares of Applied Materials by 435.0% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider's stock valued at $31,000 after buying an additional 174 shares during the period. Mascagni Wealth Management Inc. acquired a new stake in shares of Applied Materials during the fourth quarter worth $44,000. Finally, Disciplina Capital Management LLC grew its holdings in Applied Materials by 91.5% in the 1st quarter. Disciplina Capital Management LLC now owns 272 shares of the manufacturing equipment provider's stock valued at $39,000 after buying an additional 130 shares during the period. Hedge funds and other institutional investors own 80.56% of the company's stock.

Wall Street Analyst Weigh In

AMAT has been the subject of a number of research analyst reports. Mizuho dropped their price objective on Applied Materials from $220.00 to $200.00 and set an "outperform" rating for the company in a report on Friday, August 15th. Stifel Nicolaus lowered their price target on shares of Applied Materials from $195.00 to $180.00 and set a "buy" rating for the company in a report on Friday, August 15th. The Goldman Sachs Group initiated coverage on Applied Materials in a research report on Thursday, July 10th. They issued a "buy" rating and a $225.00 target price on the stock. Redburn Atlantic downgraded Applied Materials from a "strong-buy" rating to a "hold" rating and decreased their price target for the stock from $225.00 to $200.00 in a research note on Monday, July 7th. Finally, UBS Group dropped their target price on shares of Applied Materials from $185.00 to $180.00 and set a "neutral" rating on the stock in a report on Friday, August 15th. Seventeen equities research 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. Based on data from MarketBeat, Applied Materials presently has an average rating of "Moderate Buy" and an average price target of $193.88.

Applied Materials Price Performance

Shares of NASDAQ AMAT traded up $0.88 during mid-day trading on Thursday, reaching $165.27. The company had a trading volume of 7,895,438 shares, compared to its average volume of 8,411,038. The company has a 50-day moving average price of $182.47 and a two-hundred day moving average price of $165.75. 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 stock has a market cap of $131.66 billion, a PE ratio of 17.18, a P/E/G ratio of 2.34 and a beta of 1.70. Applied Materials, Inc. has a 1-year low of $123.74 and a 1-year high of $215.70.

Applied Materials (NASDAQ:AMAT - Get Free Report) last announced its 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. The company had revenue of $7.30 billion during the quarter, compared to analysts' expectations of $7.21 billion. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The business's revenue for the quarter was up 7.7% on a year-over-year basis. During the same period last year, the company posted $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, equities analysts anticipate that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Announces Dividend

The company also recently disclosed 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. This represents a $1.84 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, August 21st. Applied Materials's payout ratio is presently 21.93%.

Insider Transactions at Applied Materials

In other news, CAO Adam Sanders sold 562 shares of the stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of $178.60, for a total value of $100,373.20. Following the completion of the sale, the chief accounting officer owned 5,300 shares in the company, valued at $946,580. This represents a 9.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.24% of the stock is currently owned by company insiders.

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.