Schnieders Capital Management LLC Increases Position in Applied Materials, Inc. $AMAT

Key Points

• Schnieders Capital Management LLC increased its position in Applied Materials, Inc. by 30.1%, owning 15,003 shares worth approximately $2.75 million after acquiring an additional 3,469 shares during the second quarter.
• Applied Materials reported a strong earnings performance, with $2.48 earnings per share, exceeding expectations and a revenue increase of 7.7% year-over-year.
• The company announced a quarterly dividend of $0.46 per share, representing an annualized yield of 0.8%, scheduled for payment to investors on December 11th.

Schnieders Capital Management LLC grew its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 30.1% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 15,003 shares of the manufacturing equipment provider's stock after buying an additional 3,469 shares during the quarter. Schnieders Capital Management LLC's holdings in Applied Materials were worth $2,747,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of AMAT. Avity Investment Management Inc. lifted its position in shares of Applied Materials by 4.1% during the second quarter. Avity Investment Management Inc. now owns 220,835 shares of the manufacturing equipment provider's stock worth $40,428,000 after purchasing an additional 8,680 shares during the last quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych increased its stake 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 period. Redwood Investment Management LLC lifted its holdings in Applied Materials by 311.2% during the 1st quarter. Redwood Investment Management LLC now owns 12,924 shares of the manufacturing equipment provider's stock valued at $1,876,000 after buying an additional 9,781 shares in the last quarter. Gallacher Capital Management LLC bought a new stake in Applied Materials during the 2nd quarter valued at about $410,000. Finally, LifePlan Financial LLC purchased a new stake in Applied Materials in the 2nd quarter valued at about $755,000. 80.56% of the stock is owned by institutional investors.

Applied Materials Trading Down 1.2%

AMAT opened at $224.99 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 firm has a market cap of $179.24 billion, a price-to-earnings ratio of 26.82, a PEG ratio of 2.81 and a beta of 1.82. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $232.07. The stock has a fifty day moving average price of $186.80 and a 200-day moving average price of $174.57.

Applied Materials (NASDAQ:AMAT - Get Free Report) last posted its earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.36 by $0.12. The company had revenue of $7.30 billion for 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 quarter in the previous year, the firm earned $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, equities 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 announced a quarterly dividend, which will be paid on Thursday, December 11th. Investors 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 0.8%. Applied Materials's dividend payout ratio is presently 21.93%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on AMAT. Citigroup reduced their target price on shares of Applied Materials from $220.00 to $205.00 and set a "buy" rating on the stock in a research report on Friday, August 15th. Mizuho raised their price objective on Applied Materials from $175.00 to $215.00 and gave the stock a "neutral" rating in a report on Thursday. TD Cowen lowered their target price on Applied Materials from $220.00 to $200.00 and set a "buy" rating for the company in a report on Friday, August 15th. Wolfe Research cut their price target on Applied Materials from $230.00 to $200.00 and set an "outperform" rating on the stock in a research note on Friday, August 15th. Finally, Barclays lifted their price objective on Applied Materials from $160.00 to $170.00 and gave the company an "equal weight" rating in a report on Monday, July 28th. Eighteen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Applied Materials currently has an average rating of "Moderate Buy" and an average price target of $206.08.

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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