JT Stratford LLC Has $1.46 Million Holdings in Applied Materials, Inc. $AMAT

Key Points

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JT Stratford LLC trimmed its position in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 14.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,083 shares of the manufacturing equipment provider's stock after selling 1,694 shares during the quarter. JT Stratford LLC's holdings in Applied Materials were worth $1,463,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Runnymede Capital Advisors Inc. boosted its position in shares of Applied Materials by 972.2% during 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 in the last quarter. Smallwood Wealth Investment Management LLC bought a new stake in Applied Materials in the 1st quarter valued at $29,000. Clal Insurance Enterprises Holdings Ltd lifted 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 acquiring an additional 174 shares in the last quarter. Mascagni Wealth Management Inc. bought a new stake in Applied Materials during the 4th quarter worth about $44,000. Finally, Disciplina Capital Management LLC lifted its position in Applied Materials by 91.5% during the 1st quarter. Disciplina Capital Management LLC now owns 272 shares of the manufacturing equipment provider's stock worth $39,000 after buying an additional 130 shares in the last quarter. 80.56% of the stock is owned by institutional investors.

Insider Activity

In other Applied Materials news, CAO Adam Sanders sold 562 shares of the stock in a transaction that occurred on Tuesday, June 24th. The shares were sold at an average price of $178.60, for a total transaction of $100,373.20. Following the transaction, the chief accounting officer owned 5,300 shares in the company, valued at $946,580. This represents a 9.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.24% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Citigroup cut their price target on shares of Applied Materials from $220.00 to $205.00 and set a "buy" rating on the stock in a research report on Friday, August 15th. TD Cowen cut their price target on shares of Applied Materials from $220.00 to $200.00 and set a "buy" rating on the stock in a research report on Friday, August 15th. Wall Street Zen cut shares of Applied Materials from a "buy" rating to a "hold" rating in a research report on Saturday, June 14th. Raymond James Financial restated an "outperform" rating and set a $200.00 price objective (down from $225.00) on shares of Applied Materials in a research note on Friday, May 16th. Finally, Wolfe Research lowered their price objective on shares of Applied Materials from $230.00 to $200.00 and set an "outperform" rating on the stock in a research note on Friday, August 15th. Seventeen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $193.88.

Applied Materials Stock Performance

AMAT traded up $2.65 on Friday, reaching $162.49. The company had a trading volume of 7,211,263 shares, compared to its average volume of 7,430,295. Applied Materials, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $215.70. The stock has a market cap of $130.40 billion, a P/E ratio of 19.37, a P/E/G ratio of 2.29 and a beta of 1.70. The company's fifty day moving average is $183.29 and its 200 day moving average is $166.23. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.76 and a current ratio of 2.46.

Applied Materials (NASDAQ:AMAT - Get Free Report) last announced its quarterly earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 EPS for the quarter, beating analysts' consensus estimates of $2.36 by $0.12. Applied Materials had a net margin of 23.88% and a return on equity of 41.31%. The business had revenue of $7.30 billion for the quarter, compared to analyst estimates of $7.21 billion. During the same quarter in the prior year, the business earned $2.12 EPS. Applied Materials's quarterly revenue was up 7.7% on a year-over-year basis. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, analysts predict that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

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

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.