Jacobsen Capital Management Makes New Investment in Applied Materials, Inc. $AMAT

Key Points

• Jacobsen Capital Management has acquired a new stake in Applied Materials, Inc. (NASDAQ:AMAT) by purchasing 1,516 shares valued at approximately $278,000 during the 2nd quarter.
• Applied Materials reported a Q3 EPS of $2.48, exceeding the consensus estimate of $2.36, alongside a revenue of $7.30 billion comparing favorably to the projected $7.21 billion.
• The company has announced a quarterly dividend of $0.46 per share, with an annualized dividend yield of 0.8%, set to be paid on December 11th.

Jacobsen Capital Management purchased a new stake in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 1,516 shares of the manufacturing equipment provider's stock, valued at approximately $278,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of AMAT. Smallwood Wealth Investment Management LLC purchased a new position in shares of Applied Materials during the first quarter worth $29,000. Maseco LLP acquired a new position in shares of Applied Materials in the 2nd quarter valued at $30,000. Clal Insurance Enterprises Holdings Ltd increased its position in shares of Applied Materials by 435.0% during 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 in the last quarter. Activest Wealth Management lifted 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 valued at $31,000 after buying an additional 213 shares during the last quarter. Finally, Disciplina Capital Management LLC increased its position in Applied Materials by 91.5% in the 1st quarter. Disciplina Capital Management LLC now owns 272 shares of the manufacturing equipment provider's stock valued at $39,000 after acquiring an additional 130 shares during the period. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

Applied Materials Price Performance

AMAT opened at $226.00 on Wednesday. The company has a 50 day moving average of $188.42 and a two-hundred day moving average of $175.63. Applied Materials, Inc. has a 52-week low of $123.74 and a 52-week high of $232.07. The company has a quick ratio of 1.76, a current ratio of 2.50 and a debt-to-equity ratio of 0.28. The company has a market cap of $180.04 billion, a P/E ratio of 26.94, a P/E/G ratio of 2.85 and a beta of 1.82.

Applied Materials (NASDAQ:AMAT - Get Free Report) last announced its quarterly earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.36 by $0.12. The firm 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 firm's quarterly revenue was up 7.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, analysts expect that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be paid a dividend of $0.46 per share. The ex-dividend date is Thursday, November 20th. This represents a $1.84 annualized dividend and a dividend yield of 0.8%. Applied Materials's dividend payout ratio (DPR) is currently 21.93%.

Wall Street Analyst Weigh In

AMAT has been the subject of several analyst reports. KeyCorp increased their price target on shares of Applied Materials from $220.00 to $240.00 and gave the stock an "overweight" rating in a report on Friday, October 10th. Summit Insights cut shares of Applied Materials from a "buy" rating to a "hold" rating in a research note on Friday, August 15th. Weiss Ratings restated a "hold (c)" rating on shares of Applied Materials in a report on Wednesday, October 8th. Redburn Atlantic cut shares of Applied Materials from a "strong-buy" rating to a "hold" rating and lowered their price objective for the company from $225.00 to $200.00 in a research note on Monday, July 7th. Finally, Mizuho raised their target price on shares of Applied Materials from $175.00 to $215.00 and gave the stock a "neutral" rating in a research report on Thursday, October 16th. Eighteen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, Applied Materials currently has an average rating of "Moderate Buy" and a consensus target price of $209.15.

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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