Slow Capital Inc. Takes $234,000 Position in Applied Materials, Inc. $AMAT

Key Points

• Slow Capital Inc. has made a new investment in Applied Materials, acquiring 1,278 shares valued at approximately $234,000 in the second quarter.
• Applied Materials recently reported a Q3 earnings per share (EPS) of $2.48, exceeding estimates and showing a revenue increase of 7.7% year-over-year.
• The company declared a quarterly dividend of $0.46 per share, indicating a dividend yield of 0.8% and a payout ratio of 21.93%.

Slow Capital Inc. acquired a new stake in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,278 shares of the manufacturing equipment provider's stock, valued at approximately $234,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Nuveen LLC acquired a new stake in shares of Applied Materials during the first quarter worth $1,085,600,000. Kingstone Capital Partners Texas LLC acquired a new stake in Applied Materials during the 2nd quarter worth about $882,396,000. Pacer Advisors Inc. raised its position in shares of Applied Materials by 2,401.0% in the 1st quarter. Pacer Advisors Inc. now owns 3,066,817 shares of the manufacturing equipment provider's stock worth $445,056,000 after acquiring an additional 2,944,193 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in shares of Applied Materials by 43.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,573,673 shares of the manufacturing equipment provider's stock valued at $808,853,000 after purchasing an additional 1,691,428 shares during the period. Finally, Ameriprise Financial Inc. boosted its position in shares of Applied Materials by 23.6% during the 1st quarter. Ameriprise Financial Inc. now owns 7,860,838 shares of the manufacturing equipment provider's stock valued at $1,140,836,000 after purchasing an additional 1,502,995 shares in the last quarter. 80.56% of the stock is owned by institutional investors and hedge funds.

Applied Materials Trading Up 2.9%

AMAT opened at $223.91 on Tuesday. Applied Materials, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $226.49. The firm has a market capitalization of $178.38 billion, a PE ratio of 26.69, a P/E/G ratio of 2.85 and a beta of 1.82. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.50 and a quick ratio of 1.76. The company's 50-day moving average is $180.17 and its 200 day moving average is $170.02.

Applied Materials (NASDAQ:AMAT - Get Free Report) last issued its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 EPS for the quarter, topping analysts' consensus estimates of $2.36 by $0.12. The firm 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 company's revenue for the quarter 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. As a group, research analysts predict that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The firm also recently declared 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. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, November 20th. Applied Materials's dividend payout ratio (DPR) is presently 21.93%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Daiwa Capital Markets restated a "neutral" rating and set a $170.00 price target (down from $185.00) on shares of Applied Materials in a report on Wednesday, August 20th. Redburn Atlantic downgraded shares of Applied Materials from a "strong-buy" rating to a "hold" rating and dropped their target price for the company from $225.00 to $200.00 in a research report on Monday, July 7th. KeyCorp raised their price target on shares of Applied Materials from $200.00 to $220.00 and gave the stock an "overweight" rating in a report on Tuesday, September 23rd. UBS Group dropped their price objective on shares of Applied Materials from $185.00 to $180.00 and set a "neutral" rating on the stock in a report on Friday, August 15th. Finally, Stifel Nicolaus reduced their target price 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. Seventeen equities research 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 MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $195.12.

Applied Materials Company 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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