3,643 Shares in Applied Materials, Inc. $AMAT Acquired by MIG Capital LLC

Key Points

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MIG Capital LLC purchased a new position in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 3,643 shares of the manufacturing equipment provider's stock, valued at approximately $529,000.

Other large investors have also recently modified their holdings of the company. Skye Global Management LP purchased a new position in shares of Applied Materials in the 4th quarter worth about $45,862,000. Value Partners Investments Inc. raised its position in shares of Applied Materials by 8.7% in the 4th quarter. Value Partners Investments Inc. now owns 9,896 shares of the manufacturing equipment provider's stock worth $1,608,000 after purchasing an additional 793 shares during the last quarter. Leonard Rickey Investment Advisors P.L.L.C. purchased a new position in Applied Materials in the 1st quarter worth about $230,000. Generali Investments Towarzystwo Funduszy Inwestycyjnych raised its position in Applied Materials by 12.7% in the 1st quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 26,650 shares of the manufacturing equipment provider's stock worth $3,867,000 after buying an additional 3,000 shares during the last quarter. Finally, Humankind Investments LLC raised its position in Applied Materials by 28.2% in the 4th quarter. Humankind Investments LLC now owns 1,503 shares of the manufacturing equipment provider's stock worth $244,000 after buying an additional 331 shares during the last quarter. Hedge funds and other institutional investors own 80.56% of the company's stock.

Analysts Set New Price Targets

AMAT has been the subject of a number of recent analyst reports. Redburn Atlantic lowered Applied Materials from a "strong-buy" rating to a "hold" rating and decreased their target price for the stock from $225.00 to $200.00 in a research report on Monday, July 7th. Daiwa America lowered Applied Materials from a "strong-buy" rating to a "hold" rating in a research report on Wednesday. Bank of America reissued a "neutral" rating and issued a $180.00 target price (down previously from $190.00) on shares of Applied Materials in a research report on Friday, August 15th. Raymond James Financial reissued an "outperform" rating and issued a $200.00 target price (down previously from $225.00) on shares of Applied Materials in a research report on Friday, May 16th. Finally, Rothschild & Co Redburn lowered Applied Materials from a "buy" rating to a "neutral" rating and set a $200.00 target price for the company. in a research report on Monday, July 7th. Seventeen research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $193.88.

Applied Materials Stock Performance

Shares of Applied Materials stock traded up $2.5970 during trading hours on Friday, reaching $162.4370. 5,101,426 shares of the stock traded hands, compared to its average volume of 7,429,117. The company has a 50 day moving average price of $183.29 and a 200 day moving average price of $166.23. The firm has a market capitalization of $130.36 billion, a price-to-earnings ratio of 19.36, a P/E/G ratio of 2.29 and a beta of 1.70. Applied Materials, Inc. has a one year low of $123.74 and a one year high of $215.70. The company has a quick ratio of 1.76, a current ratio of 2.46 and a debt-to-equity ratio of 0.29.

Applied Materials (NASDAQ:AMAT - Get Free Report) last announced 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 company 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 41.31% and a net margin of 23.88%.The firm's revenue was up 7.7% on a year-over-year basis. During the same period in the previous year, the company posted $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, equities research analysts expect 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, September 11th. Investors of record on Thursday, August 21st will be paid a dividend of $0.46 per share. The ex-dividend date is Thursday, August 21st. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.1%. Applied Materials's payout ratio is 21.93%.

Insider Activity

In related news, CAO Adam Sanders sold 562 shares of the business's stock in a transaction that occurred on Tuesday, June 24th. The stock was sold at an average price of $178.60, for a total transaction of $100,373.20. Following the completion of the transaction, the chief accounting officer directly owned 5,300 shares in the company, valued at approximately $946,580. The trade was a 9.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.24% of the company's stock.

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.