Stance Capital LLC Has $3.68 Million Position in Applied Materials, Inc. $AMAT

Key Points

• Stance Capital LLC increased its stake in Applied Materials, Inc. by 2,373.9%, now holding 25,357 shares valued at approximately $3.68 million.
• Research analysts have lowered their price targets for Applied Materials, with most recent estimates ranging from $170.00 to $205.00, while maintaining a consensus rating of "Moderate Buy."
• Applied Materials declared a quarterly dividend of $0.46 per share, with a yield of 1.1% and a payout ratio of 21.93%.

Stance Capital LLC boosted its position in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 2,373.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,357 shares of the manufacturing equipment provider's stock after purchasing an additional 24,332 shares during the period. Applied Materials makes up 2.6% of Stance Capital LLC's holdings, making the stock its 17th biggest holding. Stance Capital LLC's holdings in Applied Materials were worth $3,680,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Runnymede Capital Advisors Inc. grew its holdings in shares of Applied Materials by 972.2% in the first quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider's stock valued at $28,000 after purchasing an additional 175 shares in the last quarter. Smallwood Wealth Investment Management LLC acquired a new position in shares of Applied Materials in the 1st quarter valued at $29,000. Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of 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 buying an additional 174 shares in the last quarter. Activest Wealth Management increased its position in shares of Applied Materials by 5,325.0% during the first quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider's stock worth $31,000 after purchasing an additional 213 shares in the last quarter. Finally, Disciplina Capital Management LLC boosted its holdings in shares of Applied Materials by 91.5% in the first 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 currently owned by institutional investors and hedge funds.

Applied Materials Price Performance

Shares of NASDAQ AMAT traded up $1.45 during mid-day trading on Tuesday, reaching $163.50. The company had a trading volume of 5,311,495 shares, compared to its average volume of 8,284,362. The company has a current ratio of 2.50, a quick ratio of 1.76 and a debt-to-equity ratio of 0.28. Applied Materials, Inc. has a 1-year low of $123.74 and a 1-year high of $215.70. The stock has a market cap of $130.25 billion, a PE ratio of 19.49, a P/E/G ratio of 2.31 and a beta of 1.77. The company has a 50-day moving average price of $179.60 and a two-hundred day moving average price of $164.71.

Applied Materials (NASDAQ:AMAT - Get Free Report) last announced its quarterly earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 EPS for the quarter, beating the consensus estimate of $2.36 by $0.12. The business had revenue of $7.30 billion during the quarter, compared to analysts' expectations 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 business posted $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, equities analysts anticipate that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have commented on AMAT. Redburn Atlantic downgraded shares of Applied Materials from a "strong-buy" rating to a "hold" rating and cut their price objective for the stock from $225.00 to $200.00 in a research report on Monday, July 7th. B. Riley lowered their price target on shares of Applied Materials from $250.00 to $215.00 and set a "buy" rating for the company in a report on Monday, May 12th. DZ Bank downgraded Applied Materials from a "hold" rating to a "sell" rating and set a $150.00 target price on the stock. in a research report on Friday, August 15th. Cantor Fitzgerald decreased their target price on shares of Applied Materials from $220.00 to $200.00 and set an "overweight" rating on the stock in a research report on Friday, August 15th. Finally, Raymond James Financial reissued an "outperform" rating and set a $200.00 price target (down from $225.00) on shares of Applied Materials in a research report on Friday, May 16th. Seventeen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $193.88.

Insider Buying and Selling at Applied Materials

In other news, CAO Adam Sanders sold 562 shares of the firm's stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of $178.60, for a total value of $100,373.20. Following the transaction, the chief accounting officer directly owned 5,300 shares in the company, valued at $946,580. This trade represents a 9.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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.