MGO One Seven LLC Has $5.25 Million Stock Position in Applied Materials, Inc. $AMAT

Key Points

• MGO One Seven LLC increased its stake in Applied Materials, Inc. by 23.9%, holding 28,693 shares valued at approximately $5.25 million as of the latest SEC filing.
• Applied Materials reported earnings of $2.48 per share, surpassing analyst expectations and reflecting a 7.7% increase in quarterly revenue over the previous year.
• The company recently announced a quarterly dividend of $0.46, with an annualized dividend yield of 0.9% and a payout ratio of 21.93%.

MGO One Seven LLC raised its position in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 23.9% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 28,693 shares of the manufacturing equipment provider's stock after acquiring an additional 5,533 shares during the period. MGO One Seven LLC's holdings in Applied Materials were worth $5,253,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Bill Few Associates Inc. raised its stake in shares of Applied Materials by 69.5% in the 2nd quarter. Bill Few Associates Inc. now owns 17,365 shares of the manufacturing equipment provider's stock valued at $3,179,000 after buying an additional 7,122 shares in the last quarter. Yarger Wealth Strategies LLC acquired a new position in shares of Applied Materials in the 2nd quarter valued at $215,000. LRI Investments LLC raised its stake in shares of Applied Materials by 40.4% in the 2nd quarter. LRI Investments LLC now owns 758 shares of the manufacturing equipment provider's stock valued at $139,000 after buying an additional 218 shares in the last quarter. Criteria Caixa S.A.U. acquired a new position in Applied Materials in the second quarter worth about $8,372,000. Finally, Commonwealth Financial Services LLC acquired a new position in Applied Materials in the second quarter worth about $209,000. Institutional investors and hedge funds own 80.56% of the company's stock.

Applied Materials Stock Performance

Shares of NASDAQ:AMAT opened at $209.95 on Monday. Applied Materials, Inc. has a twelve month low of $123.74 and a twelve month high of $226.49. The firm has a market cap of $167.25 billion, a PE ratio of 25.02, a price-to-earnings-growth ratio of 2.75 and a beta of 1.82. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.76 and a current ratio of 2.50. The business has a fifty day moving average of $182.60 and a 200-day moving average of $171.79.

Applied Materials (NASDAQ:AMAT - Get Free Report) last announced its earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share for the quarter, beating analysts' consensus estimates of $2.36 by $0.12. The company had revenue of $7.30 billion during the quarter, compared to analyst estimates of $7.21 billion. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The firm's quarterly revenue was up 7.7% compared to the same quarter last year. During the same period last year, the company posted $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, equities research analysts predict that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be issued a $0.46 dividend. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.9%. Applied Materials's dividend payout ratio (DPR) is currently 21.93%.

Analyst Upgrades and Downgrades

AMAT has been the subject of several recent research reports. UBS Group dropped their price target on shares of Applied Materials from $185.00 to $180.00 and set a "neutral" rating for the company in a research report on Friday, August 15th. Wells Fargo & Company increased their target price on Applied Materials from $240.00 to $250.00 and gave the stock an "overweight" rating in a report on Wednesday. TD Cowen dropped their price objective on Applied Materials from $220.00 to $200.00 and set a "buy" rating for the company in a research note on Friday, August 15th. Stifel Nicolaus dropped their price objective on Applied Materials from $195.00 to $180.00 and set a "buy" rating for the company in a research note on Friday, August 15th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of Applied Materials in a research note on Wednesday, October 8th. Seventeen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, Applied Materials presently has an average rating of "Moderate Buy" and an average target price of $200.50.

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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