Integrated Investment Consultants LLC Invests $281,000 in Applied Materials, Inc. $AMAT

Key Points

• Integrated Investment Consultants LLC has made a new investment in Applied Materials, Inc., purchasing 1,934 shares valued at approximately $281,000.
• Other institutional investors have also increased their stakes in Applied Materials, with notable growth from Runnymede Capital Advisors Inc. and Clal Insurance Enterprises Holdings Ltd..
• Applied Materials has reported earnings of $2.48 per share, beating analysts' estimates and demonstrating a 7.7% increase in revenue year-over-year, alongside a quarterly dividend of $0.46 per share.

Integrated Investment Consultants LLC acquired a new position in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 1,934 shares of the manufacturing equipment provider's stock, valued at approximately $281,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Old Port Advisors boosted its stake in shares of Applied Materials by 2.5% in the first quarter. Old Port Advisors now owns 2,730 shares of the manufacturing equipment provider's stock worth $396,000 after acquiring an additional 66 shares during the period. Silver Oak Securities Incorporated boosted its position in Applied Materials by 4.7% during the 1st quarter. Silver Oak Securities Incorporated now owns 1,506 shares of the manufacturing equipment provider's stock valued at $218,000 after acquiring an additional 68 shares in the last quarter. Cromwell Holdings LLC boosted its position in Applied Materials by 2.8% during the 1st quarter. Cromwell Holdings LLC now owns 2,540 shares of the manufacturing equipment provider's stock valued at $369,000 after acquiring an additional 69 shares in the last quarter. TCTC Holdings LLC boosted its position in shares of Applied Materials by 7.2% in the 1st quarter. TCTC Holdings LLC now owns 1,047 shares of the manufacturing equipment provider's stock worth $152,000 after purchasing an additional 70 shares in the last quarter. Finally, Hardy Reed LLC boosted its position in shares of Applied Materials by 1.0% in the 1st quarter. Hardy Reed LLC now owns 7,324 shares of the manufacturing equipment provider's stock worth $1,063,000 after purchasing an additional 71 shares in the last quarter. Institutional investors own 80.56% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Wall Street Zen lowered Applied Materials from a "buy" rating to a "hold" rating in a research note on Saturday, June 14th. TD Cowen lowered their price objective on Applied Materials from $220.00 to $200.00 and set a "buy" rating on the stock in a report on Friday, August 15th. JPMorgan Chase & Co. boosted their target price on Applied Materials from $210.00 to $220.00 and gave the stock an "overweight" rating in a report on Friday, August 15th. Daiwa America lowered Applied Materials from a "strong-buy" rating to a "hold" rating in a research report on Wednesday. Finally, Needham & Company LLC restated a "buy" rating and issued a $195.00 price target on shares of Applied Materials in a research note on Friday, May 16th. Seventeen research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Applied Materials currently has an average rating of "Moderate Buy" and a consensus target price of $193.88.

Insider Buying and Selling

In other Applied Materials news, CAO Adam Sanders sold 562 shares of the business's stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of $178.60, for a total transaction of $100,373.20. Following the sale, the chief accounting officer directly owned 5,300 shares in the company, valued at approximately $946,580. The trade was a 9.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.24% of the company's stock.

Applied Materials Stock Performance

Shares of AMAT stock traded up $2.65 during midday trading on Friday, hitting $162.49. The company had a trading volume of 7,444,140 shares, compared to its average volume of 8,266,384. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.46 and a quick ratio of 1.76. Applied Materials, Inc. has a 52-week low of $123.74 and a 52-week high of $215.70. The stock has a market cap of $130.40 billion, a price-to-earnings ratio of 19.37, a PEG ratio of 2.28 and a beta of 1.70. The company's 50 day simple moving average is $183.13 and its 200 day simple moving average is $166.12.

Applied Materials (NASDAQ:AMAT - Get Free Report) last posted its quarterly earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share for the quarter, beating analysts' consensus estimates of $2.36 by $0.12. Applied Materials had a return on equity of 41.31% and a net margin of 23.88%.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 previous year, the business earned $2.12 earnings per share. The company's revenue for the quarter was up 7.7% compared to the same quarter last year. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Research analysts anticipate that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Thursday, August 21st will be paid a $0.46 dividend. The ex-dividend date is Thursday, August 21st. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.1%. Applied Materials's payout ratio is 21.93%.

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.