TCI Wealth Advisors Inc. Invests $228,000 in Applied Materials, Inc. $AMAT

Key Points

• TCI Wealth Advisors Inc. invested $228,000 in Applied Materials, acquiring 1,245 shares during the second quarter, as per their recent 13F filing.
• Applied Materials reported earnings per share of $2.48 for the last quarter, exceeding estimates and demonstrating a year-over-year revenue increase of 7.7% to $7.30 billion.
• The company declared a quarterly dividend of $0.46 per share, with an annualized yield of 0.9%, highlighting its commitment to returning value to shareholders.

TCI Wealth Advisors Inc. acquired a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,245 shares of the manufacturing equipment provider's stock, valued at approximately $228,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Runnymede Capital Advisors Inc. boosted its stake in Applied Materials by 972.2% in the 1st quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider's stock valued at $28,000 after buying an additional 175 shares in the last quarter. Smallwood Wealth Investment Management LLC acquired a new position in Applied Materials in the first quarter worth $29,000. Maseco LLP acquired a new position in Applied Materials in the second quarter worth $30,000. Clal Insurance Enterprises Holdings Ltd boosted 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 purchasing an additional 174 shares in the last quarter. Finally, Activest Wealth Management boosted its stake in Applied Materials by 5,325.0% in 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. 80.56% of the stock is currently owned by institutional investors.

Applied Materials Trading Up 2.2%

NASDAQ:AMAT opened at $203.92 on Friday. Applied Materials, Inc. has a 1-year low of $123.74 and a 1-year high of $215.70. The business's 50-day moving average price is $176.94 and its two-hundred day moving average price is $167.21. 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 $162.45 billion, a price-to-earnings ratio of 24.31, a PEG ratio of 2.85 and a beta of 1.77.

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 for the quarter, beating the consensus estimate of $2.36 by $0.12. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.The firm had revenue of $7.30 billion for the quarter, compared to analyst estimates of $7.21 billion. During the same quarter in the prior year, the firm posted $2.12 earnings per share. The company's quarterly 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. On average, equities analysts expect that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be issued a dividend of $0.46 per share. The ex-dividend date is Thursday, November 20th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.9%. Applied Materials's dividend payout ratio (DPR) is presently 21.93%.

Analyst Upgrades and Downgrades

AMAT has been the topic of a number of recent analyst reports. Bank of America reissued a "neutral" rating and issued a $180.00 price objective (down previously from $190.00) on shares of Applied Materials in a research note on Friday, August 15th. TD Cowen reduced their price objective on Applied Materials from $220.00 to $200.00 and set a "buy" rating on the stock in a research note on Friday, August 15th. DZ Bank lowered Applied Materials from a "hold" rating to a "sell" rating and set a $150.00 price objective on the stock. in a research note on Friday, August 15th. KeyCorp upped their price target on Applied Materials from $200.00 to $220.00 and gave the company an "overweight" rating in a research note on Tuesday. Finally, Rothschild & Co Redburn lowered Applied Materials from a "buy" rating to a "neutral" rating and set a $200.00 price target on the stock. in a research note on Monday, July 7th. Seventeen 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. According to MarketBeat.com, Applied Materials presently has an average rating of "Moderate Buy" and a consensus target price of $194.15.

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.

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