Moment Partners LLC Takes Position in Applied Materials, Inc. $AMAT

Key Points

• Moment Partners LLC acquired a new stake in Applied Materials, Inc. during the 2nd quarter, purchasing 1,210 shares valued at approximately $222,000.
• Applied Materials reported quarterly earnings of $2.48 per share, exceeding analyst expectations and marking a 7.7% year-over-year revenue growth.
• The company announced a quarterly dividend of $0.46 per share, which will be paid on December 11th to shareholders of record on November 20th.

Moment Partners LLC purchased a new stake in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 1,210 shares of the manufacturing equipment provider's stock, valued at approximately $222,000.

Other large investors have also recently bought and sold shares of the company. Smallwood Wealth Investment Management LLC bought a new position in Applied Materials in the 1st quarter valued at about $29,000. Maseco LLP bought a new position in Applied Materials in the 2nd quarter valued at about $30,000. Clal Insurance Enterprises Holdings Ltd raised its holdings in Applied Materials by 435.0% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider's stock valued at $31,000 after acquiring an additional 174 shares during the period. Activest Wealth Management raised its holdings in Applied Materials by 5,325.0% in the 1st quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider's stock valued at $31,000 after acquiring an additional 213 shares during the period. Finally, Disciplina Capital Management LLC raised its holdings in Applied Materials by 91.5% in the 1st quarter. Disciplina Capital Management LLC now owns 272 shares of the manufacturing equipment provider's stock valued at $39,000 after acquiring an additional 130 shares during the period. 80.56% of the stock is owned by institutional investors.

Applied Materials Stock Performance

NASDAQ AMAT opened at $227.91 on Friday. 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 firm has a market capitalization of $181.57 billion, a price-to-earnings ratio of 27.15, a P/E/G ratio of 2.76 and a beta of 1.82. The firm's 50 day simple moving average is $189.84 and its 200 day simple moving average is $176.60. Applied Materials, Inc. has a 1 year low of $123.74 and a 1 year high of $232.07.

Applied Materials (NASDAQ:AMAT - Get Free Report) last posted its quarterly earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.36 by $0.12. The business had revenue of $7.30 billion for the quarter, compared to analyst estimates 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 for the quarter was up 7.7% on a year-over-year basis. During the same quarter last year, the business posted $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, 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 announced a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be given a $0.46 dividend. The ex-dividend date is Thursday, November 20th. This represents a $1.84 dividend on an annualized basis and a yield of 0.8%. Applied Materials's dividend payout ratio (DPR) is currently 21.93%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on AMAT shares. Morgan Stanley raised shares of Applied Materials from an "equal weight" rating to an "overweight" rating and increased their price target for the company from $172.00 to $209.00 in a report on Monday, September 22nd. Wells Fargo & Company increased their target price on shares of Applied Materials from $240.00 to $250.00 and gave the stock an "overweight" rating in a research report on Wednesday, October 8th. Evercore ISI restated an "outperform" rating and set a $209.00 target price on shares of Applied Materials in a research report on Friday, August 15th. Cantor Fitzgerald restated an "overweight" rating and set a $225.00 target price on shares of Applied Materials in a research report on Friday, October 3rd. Finally, Deutsche Bank Aktiengesellschaft decreased 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 report on Friday, August 15th. Eighteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $209.15.

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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