Linden Thomas Advisory Services LLC Has $2.58 Million Stock Position in Applied Materials, Inc. $AMAT

Key Points

• Linden Thomas Advisory Services LLC has reduced its stake in Applied Materials, Inc. by 42.4%, resulting in a stock position valued at $2.58 million.
• Analysts have varying opinions on Applied Materials, with Barclays and Wells Fargo raising their price targets to $250, while Rothschild and Daiwa Capital Markets issued lower ratings.
• The company recently announced a quarterly dividend of $0.46 per share, representing a 0.8% yield and set to be paid on December 11th.

Linden Thomas Advisory Services LLC lowered its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 42.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,115 shares of the manufacturing equipment provider's stock after selling 10,398 shares during the period. Linden Thomas Advisory Services LLC's holdings in Applied Materials were worth $2,584,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in AMAT. Smallwood Wealth Investment Management LLC acquired a new stake in Applied Materials during the first quarter worth approximately $29,000. Maseco LLP acquired a new stake in Applied Materials in the second quarter valued at approximately $30,000. Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of 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 worth $31,000 after buying an additional 174 shares during the last quarter. Activest Wealth Management grew its position in Applied Materials by 5,325.0% during 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 period. Finally, Disciplina Capital Management LLC increased its holdings in Applied Materials by 91.5% during the first 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 during the last quarter. Institutional investors and hedge funds own 80.56% of the company's stock.

Analyst Ratings Changes

AMAT has been the subject of several research analyst reports. Barclays raised their price target on shares of Applied Materials from $170.00 to $250.00 and gave the stock an "equal weight" rating in a research note on Monday. Wells Fargo & Company boosted their target price on Applied Materials from $240.00 to $250.00 and gave the company an "overweight" rating in a research note on Wednesday, October 8th. Rothschild & Co Redburn downgraded Applied Materials from a "buy" rating to a "neutral" rating and set a $200.00 price target for the company. in a research note on Monday, July 7th. Daiwa Capital Markets restated a "neutral" rating and issued a $170.00 price objective (down from $185.00) on shares of Applied Materials in a research note on Wednesday, August 20th. Finally, Daiwa America lowered shares of Applied Materials from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 20th. Eighteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $209.15.

Applied Materials Trading Up 0.1%

Applied Materials stock traded up $0.28 during mid-day trading on Friday, hitting $228.75. The company's stock had a trading volume of 5,344,351 shares, compared to its average volume of 8,480,194. The business has a 50 day moving average price of $191.18 and a 200-day moving average price of $177.29. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.50 and a quick ratio of 1.76. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $232.07. The stock has a market cap of $182.23 billion, a price-to-earnings ratio of 27.26, a price-to-earnings-growth ratio of 2.86 and a beta of 1.82.

Applied Materials (NASDAQ:AMAT - Get Free Report) last released its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 EPS for the quarter, topping the consensus estimate of $2.36 by $0.12. The firm had revenue of $7.30 billion for 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 company's quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, analysts forecast that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Dividend Announcement

The company also recently declared 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 of this dividend is Thursday, November 20th. This represents a $1.84 annualized dividend and a yield of 0.8%. Applied Materials's dividend payout ratio is presently 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.

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