Mather Group LLC. Acquires 1,615 Shares of Applied Materials, Inc. $AMAT

Key Points

• Mather Group LLC increased its stake in Applied Materials by 8.3%, acquiring an additional 1,615 shares during the second quarter, bringing their total holdings to 21,028 shares valued at approximately $3.85 million.
• Applied Materials recently announced a quarterly dividend of $0.46 per share, with the ex-dividend date set for November 20, resulting in an annualized yield of 0.9%.
• Despite recent downgrades from several analysts, the majority rate Applied Materials with a "Moderate Buy," reflecting underlying confidence in its performance with a current target price averaging $194.15.

Mather Group LLC. raised its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 8.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,028 shares of the manufacturing equipment provider's stock after purchasing an additional 1,615 shares during the quarter. Mather Group LLC.'s holdings in Applied Materials were worth $3,850,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Maseco LLP bought a new position in Applied Materials during the second quarter valued at $30,000. Runnymede Capital Advisors Inc. lifted its position in Applied Materials by 972.2% during the first quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider's stock valued at $28,000 after purchasing an additional 175 shares during the last quarter. Smallwood Wealth Investment Management LLC bought a new position in Applied Materials during the first quarter valued at $29,000. Clal Insurance Enterprises Holdings Ltd lifted its position in 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 valued at $31,000 after purchasing an additional 174 shares during the last quarter. Finally, Activest Wealth Management lifted 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 purchasing an additional 213 shares during the last quarter. Institutional investors own 80.56% of the company's stock.

Applied Materials Trading Up 0.3%

AMAT stock opened at $201.44 on Thursday. The company has a market capitalization of $160.48 billion, a PE ratio of 24.01, a P/E/G ratio of 2.86 and a beta of 1.77. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $215.70. The firm's 50-day moving average is $176.53 and its 200 day moving average is $166.47. 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 (NASDAQ:AMAT - Get Free Report) last posted its quarterly earnings results 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 company had revenue of $7.30 billion for the quarter, compared to the consensus estimate of $7.21 billion. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The firm's revenue was up 7.7% compared to the same quarter last year. During the same quarter last year, the firm posted $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, research analysts anticipate that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Dividend Announcement

The firm also recently announced 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 dividend on an annualized basis and a yield of 0.9%. Applied Materials's dividend payout ratio (DPR) is 21.93%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on AMAT shares. Daiwa America downgraded shares of Applied Materials from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, August 20th. Evercore ISI reissued an "outperform" rating and issued a $209.00 target price on shares of Applied Materials in a research note on Friday, August 15th. Mizuho reissued a "neutral" rating and issued a $175.00 target price (down previously from $200.00) on shares of Applied Materials in a research note on Friday, September 12th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Applied Materials from $200.00 to $170.00 and set a "hold" rating on the stock in a research note on Friday, August 15th. Finally, Wall Street Zen downgraded shares of Applied Materials from a "buy" rating to a "hold" rating in a research note on Saturday, June 14th. Seventeen equities 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, the company currently has an average rating of "Moderate Buy" and an average target price of $194.15.

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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