Fiduciary Alliance LLC Purchases 4,880 Shares of Applied Materials, Inc. $AMAT

Key Points

• Fiduciary Alliance LLC increased its stake in Applied Materials, Inc. by 282.4% in the second quarter, owning 6,608 shares valued at approximately $1.21 million.
• A quarterly dividend of $0.46 per share was declared, with an ex-dividend date of November 20th, representing a 1.1% dividend yield.
• Applied Materials reported Q3 earnings of $2.48 EPS, surpassing expectations and marking a 7.7% revenue increase year-over-year.

Fiduciary Alliance LLC increased its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 282.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,608 shares of the manufacturing equipment provider's stock after acquiring an additional 4,880 shares during the quarter. Fiduciary Alliance LLC's holdings in Applied Materials were worth $1,210,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC raised its holdings in shares of Applied Materials by 28.0% in the fourth quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider's stock valued at $2,061,000 after purchasing an additional 2,771 shares during the last quarter. Value Partners Investments Inc. increased its holdings in Applied Materials by 8.7% during the fourth quarter. Value Partners Investments Inc. now owns 9,896 shares of the manufacturing equipment provider's stock worth $1,608,000 after buying an additional 793 shares during the last quarter. Twinbeech Capital LP bought a new position in Applied Materials during the fourth quarter worth about $954,000. iSAM Funds UK Ltd bought a new position in Applied Materials during the fourth quarter worth about $544,000. Finally, Woodline Partners LP bought a new position in Applied Materials during the fourth quarter worth about $91,659,000. 80.56% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CAO Adam Sanders sold 562 shares of Applied Materials 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 of the company's stock, valued at $946,580. The trade was a 9.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.24% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. TD Cowen dropped their target price on shares of Applied Materials from $220.00 to $200.00 and set a "buy" rating for the company in a research 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 on the stock. in a research report on Friday, August 15th. Cantor Fitzgerald dropped their price target on shares of Applied Materials from $220.00 to $200.00 and set an "overweight" rating on the stock in a research note on Friday, August 15th. Redburn Atlantic cut shares of Applied Materials from a "strong-buy" rating to a "hold" rating and dropped their price target for the stock from $225.00 to $200.00 in a research note on Monday, July 7th. Finally, UBS Group decreased their target price on Applied Materials from $185.00 to $180.00 and set a "neutral" rating for the company in a research report on Friday, August 15th. Sixteen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $192.92.

Applied Materials Price Performance

Shares of NASDAQ:AMAT traded up $0.34 during trading on Friday, reaching $190.10. The stock had a trading volume of 18,902,154 shares, compared to its average volume of 6,833,373. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.76 and a current ratio of 2.50. The business has a fifty day moving average price of $176.30 and a 200-day moving average price of $165.58. The stock has a market cap of $151.44 billion, a PE ratio of 22.66, a PEG ratio of 2.71 and a beta of 1.77. 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 quarterly 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 business had revenue of $7.30 billion for the quarter, compared to analyst estimates of $7.21 billion. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The company's quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, equities analysts forecast that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be given a dividend of $0.46 per share. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $1.84 annualized dividend and a yield of 1.0%. Applied Materials's dividend payout ratio (DPR) is presently 21.93%.

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.