Maj Invest Holding A S Has $227.68 Million Holdings in Applied Materials, Inc. $AMAT

Key Points

• Maj Invest Holding A S increased its stake in Applied Materials, Inc. by 42.5%, now holding approximately $227.68 million, which accounts for 8.0% of its investment portfolio.
• Applied Materials' quarterly earnings surpassed analysts' expectations with earnings per share of $2.48 against an expected $2.36, and revenue reached $7.30 billion.
• The company recently announced a quarterly dividend of $0.46, with a dividend yield of 0.8%, highlighting its commitment to returning value to shareholders.

Maj Invest Holding A S boosted its stake in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 42.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,243,658 shares of the manufacturing equipment provider's stock after acquiring an additional 370,967 shares during the period. Applied Materials accounts for 8.0% of Maj Invest Holding A S's investment portfolio, making the stock its largest holding. Maj Invest Holding A S owned about 0.15% of Applied Materials worth $227,676,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also added to or reduced their stakes in AMAT. Ameriprise Financial Inc. increased its position in shares of Applied Materials by 23.6% during the first quarter. Ameriprise Financial Inc. now owns 7,860,838 shares of the manufacturing equipment provider's stock worth $1,140,836,000 after buying an additional 1,502,995 shares during the period. Amundi lifted its holdings in Applied Materials by 15.8% in the first quarter. Amundi now owns 7,656,034 shares of the manufacturing equipment provider's stock valued at $1,038,504,000 after buying an additional 1,046,635 shares during the period. Nuveen LLC bought a new stake in Applied Materials during the first quarter valued at $1,085,600,000. Deutsche Bank AG grew its holdings in Applied Materials by 20.7% during the 1st quarter. Deutsche Bank AG now owns 7,189,402 shares of the manufacturing equipment provider's stock worth $1,043,326,000 after acquiring an additional 1,235,097 shares during the period. Finally, Price T Rowe Associates Inc. MD raised its position in shares of Applied Materials by 43.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,573,673 shares of the manufacturing equipment provider's stock worth $808,853,000 after acquiring an additional 1,691,428 shares in the last quarter. Institutional investors and hedge funds own 80.56% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on AMAT shares. Cfra Research upgraded Applied Materials to a "hold" rating in a research report on Friday, August 15th. JPMorgan Chase & Co. increased their price target on Applied Materials from $210.00 to $220.00 and gave the stock an "overweight" rating in a report on Friday, August 15th. Wolfe Research lowered their price objective on shares of Applied Materials from $230.00 to $200.00 and set an "outperform" rating for the company in a research note on Friday, August 15th. Morgan Stanley upgraded shares of Applied Materials from an "equal weight" rating to an "overweight" rating and boosted their target price for the company from $172.00 to $209.00 in a research report on Monday, September 22nd. Finally, KeyCorp increased their target price on shares of Applied Materials from $220.00 to $240.00 and gave the stock an "overweight" rating in a research note on Friday, October 10th. Eighteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Applied Materials presently has an average rating of "Moderate Buy" and an average price target of $209.15.

Applied Materials Stock Performance

NASDAQ AMAT opened at $228.13 on Tuesday. The company has a market cap of $181.74 billion, a P/E ratio of 27.19, a PEG ratio of 2.81 and a beta of 1.82. The company has a fifty day simple moving average of $187.67 and a 200 day simple moving average of $175.28. 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, Inc. has a 12-month low of $123.74 and a 12-month high of $232.07.

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. The firm had revenue of $7.30 billion during the quarter, compared to analysts' expectations of $7.21 billion. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The business's revenue was up 7.7% on a year-over-year basis. During the same period last year, the company earned $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Sell-side analysts predict that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

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

Applied Materials 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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