Heck Capital Advisors LLC Invests $376,000 in Applied Materials, Inc. $AMAT

Key Points

• Heck Capital Advisors LLC invested approximately $376,000 in Applied Materials, Inc., purchasing 2,055 shares during the second quarter.
• Applied Materials reported a quarterly earnings per share (EPS) of $2.48, exceeding analysts' expectations, with revenue rising to $7.30 billion.
• The company declared a quarterly dividend of $0.46 per share, with a yield of 0.8%, scheduled for payment on December 11th.

Heck Capital Advisors LLC purchased a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 2,055 shares of the manufacturing equipment provider's stock, valued at approximately $376,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Runnymede Capital Advisors Inc. grew its stake in shares of 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 purchasing an additional 175 shares during the last quarter. Smallwood Wealth Investment Management LLC purchased a new stake in shares of Applied Materials during the first quarter worth approximately $29,000. Maseco LLP acquired a new stake in shares of Applied Materials during the second quarter worth $30,000. Clal Insurance Enterprises Holdings Ltd grew its position in 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 buying an additional 174 shares during the last quarter. Finally, Activest Wealth Management increased its stake in Applied Materials by 5,325.0% in the 1st quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider's stock valued at $31,000 after buying an additional 213 shares during the period. 80.56% of the stock is owned by hedge funds and other institutional investors.

Applied Materials Price Performance

Shares of NASDAQ:AMAT opened at $223.91 on Tuesday. The firm has a market capitalization of $178.38 billion, a price-to-earnings ratio of 26.69, a price-to-earnings-growth ratio of 2.85 and a beta of 1.82. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.50 and a quick ratio of 1.76. The business's 50 day simple moving average is $180.17 and its 200-day simple moving average is $170.02. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $226.49.

Applied Materials (NASDAQ:AMAT - Get Free Report) last issued its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.36 by $0.12. The firm 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 previous year, the firm posted $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, equities analysts forecast that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

The firm 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 is presently 21.93%.

Analyst Upgrades and Downgrades

AMAT has been the subject of a number of analyst reports. Mizuho restated a "neutral" rating and set a $175.00 price objective (down previously from $200.00) on shares of Applied Materials in a research report on Friday, September 12th. Stifel Nicolaus cut their price target on shares of Applied Materials from $195.00 to $180.00 and set a "buy" rating for the company in a report on Friday, August 15th. Deutsche Bank Aktiengesellschaft lowered their price objective on Applied Materials from $200.00 to $170.00 and set a "hold" rating on the stock in a report on Friday, August 15th. Barclays increased their target price on Applied Materials from $160.00 to $170.00 and gave the stock an "equal weight" rating in a research note on Monday, July 28th. Finally, Cfra Research upgraded Applied Materials to a "hold" rating in a research note on Friday, August 15th. Seventeen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $195.12.

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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