Applied Materials, Inc. $AMAT Shares Sold by Great Lakes Advisors LLC

Key Points

• Great Lakes Advisors LLC reduced its holdings in Applied Materials, Inc. by 14.2% during the first quarter, selling 1,931 shares, leaving it with a total of 11,664 shares valued at approximately $1.69 million.
• Institutional investors now control 80.56% of Applied Materials' stock, with significant increases in holdings from companies such as Runnymede Capital Advisors, which raised its position by 972.2%.
• Applied Materials reported earnings of $2.48 per share for the latest quarter, exceeding estimates, and raised its Q4 2025 guidance to a projected range of $1.910-2.310 EPS.

Great Lakes Advisors LLC decreased its holdings in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 14.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,664 shares of the manufacturing equipment provider's stock after selling 1,931 shares during the period. Great Lakes Advisors LLC's holdings in Applied Materials were worth $1,693,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Runnymede Capital Advisors Inc. increased its stake in Applied Materials by 972.2% in the first quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider's stock worth $28,000 after purchasing an additional 175 shares during the period. Smallwood Wealth Investment Management LLC purchased a new stake in Applied Materials in the first quarter worth $29,000. Clal Insurance Enterprises Holdings Ltd increased its stake in Applied Materials by 435.0% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider's stock worth $31,000 after purchasing an additional 174 shares during the period. Activest Wealth Management increased its stake in Applied Materials by 5,325.0% in the first quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider's stock worth $31,000 after purchasing an additional 213 shares during the period. Finally, Greenline Partners LLC purchased a new position in shares of Applied Materials during the first quarter valued at $39,000. Hedge funds and other institutional investors own 80.56% of the company's stock.

Applied Materials Stock Down 1.4%

AMAT stock traded down $2.35 during trading on Friday, reaching $167.80. 5,167,090 shares of the company traded hands, compared to its average volume of 8,142,924. 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 company has a market capitalization of $133.68 billion, a price-to-earnings ratio of 20.00, a price-to-earnings-growth ratio of 2.42 and a beta of 1.77. The business has a 50 day simple moving average of $177.79 and a 200 day simple moving average of $164.69. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $215.70.

Applied Materials (NASDAQ:AMAT - Get Free Report) last issued its quarterly earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share for the quarter, topping 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 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 last year, the company earned $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, equities research analysts anticipate that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

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

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Stifel Nicolaus cut their price target on Applied Materials from $195.00 to $180.00 and set a "buy" rating on the stock in a research note on Friday, August 15th. Barclays raised their price target on Applied Materials from $160.00 to $170.00 and gave the company an "equal weight" rating in a research note on Monday, July 28th. Rothschild & Co Redburn lowered Applied Materials from a "buy" rating to a "neutral" rating and set a $200.00 price target on the stock. in a research note on Monday, July 7th. UBS Group cut their price target on Applied Materials from $185.00 to $180.00 and set a "neutral" rating on the stock in a research note on Friday, August 15th. Finally, Bank of America restated a "neutral" rating and set a $180.00 price target (down previously from $190.00) on shares of Applied Materials in a research note on Friday, August 15th. Sixteen equities research 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. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $192.92.

Insiders Place Their Bets

In other Applied Materials news, CAO Adam Sanders sold 562 shares of the firm'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 owned 5,300 shares of the company's stock, valued at approximately $946,580. This trade represents a 9.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.24% of the company's stock.

Applied Materials Company 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.