Focus Partners Wealth Has $17.04 Million Stock Position in Applied Materials, Inc. $AMAT

Key Points

• Focus Partners Wealth increased its stake in Applied Materials, Inc. by 200.5%, ending the most recent quarter with holdings worth $17.04 million.
• Applied Materials recently declared a quarterly dividend of $0.46, with an annualized dividend yield of 1.1%.
• The company reported $2.48 EPS in its last earnings announcement, exceeding analysts' expectations of $2.36 EPS and marking a 7.7% year-over-year revenue increase.

Focus Partners Wealth increased its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 200.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 117,407 shares of the manufacturing equipment provider's stock after buying an additional 78,336 shares during the period. Focus Partners Wealth's holdings in Applied Materials were worth $17,038,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Runnymede Capital Advisors Inc. lifted its position in Applied Materials by 972.2% during the 1st quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider's stock worth $28,000 after buying an additional 175 shares in the last quarter. Smallwood Wealth Investment Management LLC acquired a new position in Applied Materials during the 1st quarter worth about $29,000. Clal Insurance Enterprises Holdings Ltd lifted its position in 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 buying an additional 174 shares in the last quarter. Activest Wealth Management lifted its position in 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 buying an additional 213 shares in the last quarter. Finally, Greenline Partners LLC acquired a new position in Applied Materials during the 1st quarter worth about $39,000. Institutional investors and hedge funds own 80.56% of the company's stock.

Applied Materials Stock Performance

Applied Materials stock opened at $167.80 on Friday. 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 $133.68 billion, a PE ratio of 20.00, a PEG ratio of 2.42 and a beta of 1.77. The company's 50-day moving average is $177.79 and its two-hundred day moving average is $164.72. 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 analysts' consensus estimates 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 return on equity of 40.96% and a net margin of 23.88%.Applied Materials's revenue was up 7.7% on a year-over-year basis. During the same period in the prior year, the business posted $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Equities analysts anticipate that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be paid a $0.46 dividend. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.1%. Applied Materials's dividend payout ratio is 21.93%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on AMAT shares. UBS Group cut their target price on shares of Applied Materials from $185.00 to $180.00 and set a "neutral" rating on the stock in a research report on Friday, August 15th. Evercore ISI restated an "outperform" rating and set a $209.00 target price on shares of Applied Materials in a research report on Friday, August 15th. Needham & Company LLC restated a "buy" rating and set a $195.00 target price on shares of Applied Materials in a research report on Friday, May 16th. DZ Bank downgraded shares of Applied Materials from a "hold" rating to a "sell" rating and set a $150.00 target price on the stock. in a research report on Friday, August 15th. Finally, Barclays upped their target price on shares of Applied Materials from $160.00 to $170.00 and gave the company an "equal weight" rating in a research report on Monday, July 28th. Sixteen investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, Applied Materials currently has a consensus rating of "Hold" and a consensus target price of $192.92.

Insider Activity at Applied Materials

In other news, CAO Adam Sanders sold 562 shares of the company's stock in a transaction dated 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 directly 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 legal filing with the SEC, which is available through this hyperlink. 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.

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