MBL Wealth LLC Makes New Investment in Applied Materials, Inc. $AMAT

Key Points

• MBL Wealth LLC has acquired a new stake in Applied Materials, Inc. by purchasing 1,194 shares valued at approximately $219,000.
• Several institutional investors have increased their positions in Applied Materials, with hedge funds collectively owning 80.56% of the company's stock.
• Applied Materials announced a quarterly dividend of $0.46 per share, to be paid on December 11th, reflecting an annualized dividend yield of 0.8%.

MBL Wealth LLC purchased a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) in the second quarter, according to its most recent 13F filing with the SEC. The fund purchased 1,194 shares of the manufacturing equipment provider's stock, valued at approximately $219,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in AMAT. Shelton Wealth Management LLC boosted its position in shares of Applied Materials by 1.5% during the 2nd quarter. Shelton Wealth Management LLC now owns 3,398 shares of the manufacturing equipment provider's stock valued at $622,000 after acquiring an additional 51 shares during the last quarter. Octavia Wealth Advisors LLC lifted its position in Applied Materials by 0.8% during the second quarter. Octavia Wealth Advisors LLC now owns 6,200 shares of the manufacturing equipment provider's stock valued at $1,135,000 after purchasing an additional 51 shares during the last quarter. Narus Financial Partners LLC grew its stake in Applied Materials by 3.8% in the 2nd quarter. Narus Financial Partners LLC now owns 1,433 shares of the manufacturing equipment provider's stock worth $262,000 after buying an additional 52 shares in the last quarter. AdvisorNet Financial Inc increased its holdings in shares of Applied Materials by 2.7% in the 2nd quarter. AdvisorNet Financial Inc now owns 1,958 shares of the manufacturing equipment provider's stock worth $358,000 after buying an additional 52 shares during the last quarter. Finally, Encompass Wealth Advisors LLC raised its position in shares of Applied Materials by 3.4% during the 2nd quarter. Encompass Wealth Advisors LLC now owns 1,601 shares of the manufacturing equipment provider's stock valued at $293,000 after buying an additional 53 shares in the last quarter. Hedge funds and other institutional investors own 80.56% of the company's stock.

Wall Street Analyst Weigh In

AMAT has been the topic of several recent research reports. KeyCorp increased their target price on shares of Applied Materials from $200.00 to $220.00 and gave the company an "overweight" rating in a report on Tuesday, September 23rd. Deutsche Bank Aktiengesellschaft cut their target price on shares of Applied Materials from $200.00 to $170.00 and set a "hold" rating on the stock in a report on Friday, August 15th. Mizuho reiterated a "neutral" rating and set a $175.00 price target (down from $200.00) on shares of Applied Materials in a report on Friday, September 12th. Evercore ISI restated an "outperform" rating and issued a $209.00 price objective on shares of Applied Materials in a research report on Friday, August 15th. Finally, Wells Fargo & Company lowered their price objective on shares of Applied Materials from $215.00 to $205.00 and set an "overweight" rating for the company in a research note on Friday, August 15th. Seventeen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Applied Materials currently has an average rating of "Moderate Buy" and an average price target of $195.12.

Applied Materials Stock Down 2.7%

Shares of NASDAQ:AMAT opened at $217.53 on Monday. The company has a current ratio of 2.50, a quick ratio of 1.76 and a debt-to-equity ratio of 0.28. The stock has a fifty day simple moving average of $179.50 and a two-hundred day simple moving average of $169.52. Applied Materials, Inc. has a 12-month low of $123.74 and a 12-month high of $226.41. The stock has a market capitalization of $173.29 billion, a price-to-earnings ratio of 25.93, a PEG ratio of 2.85 and a beta of 1.82.

Applied Materials (NASDAQ:AMAT - Get Free Report) last issued its quarterly earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share 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 company'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. On average, research analysts anticipate that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be issued a dividend of $0.46 per share. The ex-dividend date is Thursday, November 20th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.8%. Applied Materials's dividend payout ratio is presently 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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