Intrinsic Value Partners LLC Purchases Shares of 4,317 Applied Materials, Inc. $AMAT

Key Points

• Intrinsic Value Partners LLC acquired 4,317 shares of Applied Materials, Inc. valued at approximately $790,000, reflecting the ongoing interest from institutional investors in the semiconductor sector.
• Applied Materials reported a quarterly earnings of $2.48 EPS, exceeding analysts' expectations and showing a 7.7% increase in revenue year-over-year.
• The company has announced a quarterly dividend of $0.46 per share, with an ex-dividend date of November 20th, representing an annual yield of 0.8%.

Intrinsic Value Partners LLC purchased a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 4,317 shares of the manufacturing equipment provider's stock, valued at approximately $790,000.

Several other hedge funds have also bought and sold shares of the stock. Franklin Street Advisors Inc. NC grew its holdings in Applied Materials by 9.9% during the second quarter. Franklin Street Advisors Inc. NC now owns 3,326 shares of the manufacturing equipment provider's stock valued at $609,000 after purchasing an additional 300 shares during the period. Stock Yards Bank & Trust Co. boosted its stake in shares of Applied Materials by 12.5% in the second quarter. Stock Yards Bank & Trust Co. now owns 7,698 shares of the manufacturing equipment provider's stock worth $1,409,000 after acquiring an additional 858 shares during the period. Consilium Wealth Advisory LLC bought a new position in shares of Applied Materials in the second quarter worth about $1,254,000. Hudson Edge Investment Partners Inc. bought a new position in shares of Applied Materials in the second quarter worth about $6,557,000. Finally, Abacus Planning Group Inc. bought a new position in shares of Applied Materials in the second quarter worth about $259,000. Institutional investors own 80.56% of the company's stock.

Applied Materials Price Performance

Shares of Applied Materials stock opened at $217.53 on Friday. The stock has a 50 day moving average of $179.50 and a 200 day moving average of $169.31. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $226.41. The firm has a market cap of $173.29 billion, a PE ratio of 25.93, a PEG ratio of 2.93 and a beta of 1.82. The company has a current ratio of 2.50, a quick ratio of 1.76 and a debt-to-equity ratio of 0.28.

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, beating analysts' consensus estimates of $2.36 by $0.12. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The business 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 business posted $2.12 earnings per share. The company's quarterly revenue 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. On average, research analysts expect that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Applied Materials Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on AMAT shares. Evercore ISI reaffirmed an "outperform" rating and issued a $209.00 price objective on shares of Applied Materials in a research note on Friday, August 15th. Rothschild & Co Redburn lowered Applied Materials from a "buy" rating to a "neutral" rating and set a $200.00 price objective for the company. in a research note on Monday, July 7th. Cfra Research raised Applied Materials to a "hold" rating in a research note on Friday, August 15th. Citigroup dropped their price objective on Applied Materials from $220.00 to $205.00 and set a "buy" rating for the company in a research note on Friday, August 15th. Finally, Wall Street Zen lowered Applied Materials from a "buy" rating to a "hold" rating in a research note on Saturday, June 14th. 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 company. According to data from MarketBeat.com, Applied Materials currently has a consensus rating of "Moderate Buy" and a consensus target price of $195.12.

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.

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