First Business Financial Services Inc. Purchases Shares of 1,114 Applied Materials, Inc. $AMAT

Key Points

• First Business Financial Services Inc. acquired 1,114 shares of Applied Materials, Inc. in the 2nd quarter, valued at approximately $204,000.
• Applied Materials reported $2.48 earnings per share for the last quarter, exceeding analysts' expectations and showing a year-over-year revenue increase of 7.7%.
• The company announced a quarterly dividend of $0.46, representing an annualized yield of 0.8% with a payout ratio of 21.93%.

First Business Financial Services Inc. bought a new stake in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,114 shares of the manufacturing equipment provider's stock, valued at approximately $204,000.

Other large investors have also recently added to or reduced their stakes in the company. Smallwood Wealth Investment Management LLC acquired a new position in shares of Applied Materials during the 1st quarter worth about $29,000. Maseco LLP acquired a new stake in shares of Applied Materials in the second quarter valued at approximately $30,000. Clal Insurance Enterprises Holdings Ltd boosted its stake in shares of 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 increased its holdings in shares of 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 last quarter. Finally, Disciplina Capital Management LLC raised 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 acquiring an additional 130 shares during the period. Institutional investors and hedge funds own 80.56% of the company's stock.

Applied Materials Stock Performance

NASDAQ:AMAT opened at $228.47 on Friday. The company has a market cap of $182.01 billion, a price-to-earnings ratio of 27.23, a PEG ratio of 2.76 and a beta of 1.82. The stock has a fifty day moving average price of $189.84 and a 200-day moving average price of $176.60. Applied Materials, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $232.07. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.76 and a current ratio of 2.50.

Applied Materials (NASDAQ:AMAT - Get Free Report) last announced its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 the consensus estimate of $7.21 billion. During the same period in the prior year, the company posted $2.12 earnings per share. The business'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 anticipate that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be paid a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, November 20th. Applied Materials's dividend payout ratio (DPR) is 21.93%.

Analyst Upgrades and Downgrades

AMAT has been the topic of several research analyst reports. Weiss Ratings reissued a "hold (c)" rating on shares of Applied Materials in a research report on Wednesday, October 8th. B. Riley boosted their price objective on Applied Materials from $200.00 to $265.00 and gave the stock a "buy" rating in a report on Friday, October 10th. Barclays upped their target price on Applied Materials from $170.00 to $250.00 and gave the company an "equal weight" rating in a research report on Monday. Mizuho lifted their price target on Applied Materials from $175.00 to $215.00 and gave the stock a "neutral" rating in a report on Thursday, October 16th. Finally, Rothschild & Co Redburn lowered Applied Materials from a "buy" rating to a "neutral" rating and set a $200.00 price objective on the stock. in a report on Monday, July 7th. Eighteen research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $209.15.

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.

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