Erste Asset Management GmbH Has $74.31 Million Stock Holdings in Applied Materials, Inc. $AMAT

Key Points

• Erste Asset Management GmbH increased its holdings in Applied Materials, Inc. by 1.0%, owning 511,320 shares valued at approximately $74.31 million.
• Numerous institutional investors have also made significant moves, with Runnymede Capital Advisors increasing its position by 972.2% during the same period.
• Applied Materials reported a quarterly EPS of $2.48, exceeding expectations, and has set a guidance for Q4 2025 EPS between $1.910-2.310.

Erste Asset Management GmbH boosted its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 1.0% in the first quarter, according to its most recent filing with the SEC. The firm owned 511,320 shares of the manufacturing equipment provider's stock after acquiring an additional 5,041 shares during the period. Applied Materials accounts for 0.9% of Erste Asset Management GmbH's portfolio, making the stock its 23rd largest position. Erste Asset Management GmbH owned 0.06% of Applied Materials worth $74,314,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of AMAT. Runnymede Capital Advisors Inc. lifted its position in Applied Materials by 972.2% in the 1st quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider's stock valued at $28,000 after acquiring an additional 175 shares in the last quarter. Smallwood Wealth Investment Management LLC bought a new stake in shares of Applied Materials in the 1st quarter valued at about $29,000. Clal Insurance Enterprises Holdings Ltd raised its holdings in shares of Applied Materials by 435.0% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider's stock valued at $31,000 after purchasing an additional 174 shares during the period. Disciplina Capital Management LLC grew its stake 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 last quarter. Finally, Mascagni Wealth Management Inc. acquired a new position in Applied Materials in the 4th quarter valued at about $44,000. Institutional investors and hedge funds own 80.56% of the company's stock.

Analysts Set New Price Targets

AMAT has been the topic of a number of research reports. B. Riley decreased their price target on shares of Applied Materials from $250.00 to $215.00 and set a "buy" rating on the stock in a research note on Monday, May 12th. Summit Insights lowered shares of Applied Materials from a "buy" rating to a "hold" rating in a research report on Friday, August 15th. Bank of America restated a "neutral" rating and set a $180.00 target price (down previously from $190.00) on shares of Applied Materials in a research report on Friday, August 15th. JPMorgan Chase & Co. increased their target price on shares of Applied Materials from $210.00 to $220.00 and gave the stock an "overweight" rating in a research report on Friday, August 15th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on shares of Applied Materials from $200.00 to $170.00 and set a "hold" rating on the stock in a research report on Friday, August 15th. Seventeen equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $194.84.

Applied Materials Stock Performance

NASDAQ AMAT opened at $162.22 on Wednesday. The company has a current ratio of 2.46, a quick ratio of 1.76 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $130.18 billion, a price-to-earnings ratio of 19.33, a P/E/G ratio of 2.33 and a beta of 1.70. The firm's 50 day simple moving average is $183.83 and its 200 day simple moving average is $166.39. 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 issued its quarterly earnings data 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 business had revenue of $7.30 billion during the quarter, compared to the consensus estimate of $7.21 billion. Applied Materials had a net margin of 23.88% and a return on equity of 41.31%. The firm's revenue was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, research analysts expect that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Thursday, August 21st will be paid a $0.46 dividend. 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 dividend payout ratio is presently 21.93%.

Insider Buying and Selling

In related news, CAO Adam Sanders sold 562 shares of the stock in a transaction that occurred on Tuesday, June 24th. The shares were sold at an average price of $178.60, for a total value of $100,373.20. Following the completion of the transaction, the chief accounting officer owned 5,300 shares of the company's stock, valued at $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 is available at this link. 0.24% of the stock is currently owned by 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.

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