Stoneridge Investment Partners LLC Takes $729,000 Position in Applied Materials, Inc. $AMAT

Key Points

• Stoneridge Investment Partners LLC acquired a new stake in Applied Materials, investing approximately $729,000 for 5,023 shares in the 1st quarter.
• A variety of institutional investors have increased their stakes in Applied Materials, with overall institutional ownership reaching 80.56%.
• Applied Materials reported strong earnings, beating estimates with $2.48 EPS and is forecasting $1.910-$2.310 EPS for Q4 2025, amidst numerous analyst ratings indicating a "Moderate Buy."

Stoneridge Investment Partners LLC purchased a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 5,023 shares of the manufacturing equipment provider's stock, valued at approximately $729,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Runnymede Capital Advisors Inc. raised its stake in Applied Materials by 972.2% in the first quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider's stock worth $28,000 after buying an additional 175 shares in the last quarter. Smallwood Wealth Investment Management LLC bought a new position in Applied Materials in the first quarter worth approximately $29,000. Clal Insurance Enterprises Holdings Ltd raised its stake in Applied Materials by 435.0% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider's stock worth $31,000 after buying an additional 174 shares in the last quarter. Disciplina Capital Management LLC raised its stake in Applied Materials by 91.5% in the first quarter. Disciplina Capital Management LLC now owns 272 shares of the manufacturing equipment provider's stock worth $39,000 after buying an additional 130 shares in the last quarter. Finally, Mascagni Wealth Management Inc. bought a new position in Applied Materials in the fourth quarter worth approximately $44,000. Institutional investors own 80.56% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently commented on AMAT shares. Raymond James Financial reissued an "outperform" rating and issued a $200.00 price objective (down previously from $225.00) on shares of Applied Materials in a research note on Friday, May 16th. Citigroup reduced their price target on Applied Materials from $220.00 to $205.00 and set a "buy" rating on the stock in a research report on Friday, August 15th. JPMorgan Chase & Co. raised their price objective on Applied Materials from $210.00 to $220.00 and gave the stock an "overweight" rating in a research report on Friday, August 15th. B. Riley lowered their price objective on Applied Materials from $250.00 to $215.00 and set a "buy" rating for the company in a research report on Monday, May 12th. Finally, Needham & Company LLC reissued a "buy" rating and issued a $195.00 price objective on shares of Applied Materials in a research report on Friday, May 16th. Seventeen investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $194.84.

Insider Activity

In other news, CAO Adam Sanders sold 562 shares of the stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of $178.60, for a total transaction of $100,373.20. Following the sale, the chief accounting officer directly owned 5,300 shares of the company's stock, valued at $946,580. This represents a 9.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.24% of the stock is currently owned by insiders.

Applied Materials Price Performance

NASDAQ AMAT opened at $162.22 on Wednesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.46 and a quick ratio of 1.76. The stock's fifty day moving average price is $183.83 and its 200 day moving average price is $166.39. Applied Materials, Inc. has a 1 year low of $123.74 and a 1 year high of $215.70. The company has a market cap of $130.18 billion, a price-to-earnings ratio of 19.33, a PEG ratio of 2.33 and a beta of 1.70.

Applied Materials (NASDAQ:AMAT - Get Free Report) last released 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. Applied Materials had a return on equity of 41.31% and a net margin of 23.88%.The firm had revenue of $7.30 billion for the quarter, compared to the consensus estimate of $7.21 billion. During the same period in the prior year, the firm earned $2.12 EPS. The firm's revenue was up 7.7% on a year-over-year basis. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, equities research analysts forecast that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Thursday, August 21st will be paid a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, August 21st. Applied Materials's dividend payout ratio is presently 21.93%.

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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