Vanguard Capital Wealth Advisors Takes $687,000 Position in Applied Materials, Inc. $AMAT

Key Points

• Vanguard Capital Wealth Advisors acquired a new stake in Applied Materials, purchasing 3,750 shares valued at approximately $687,000.
• Applied Materials recently announced its quarterly earnings, reporting $2.48 EPS, beating estimates, and revenue of $7.30 billion, up 7.7% from the previous year.
• The company declared a quarterly dividend of $0.46 per share, with an ex-dividend date set for November 20th, representing a 1.0% dividend yield.

Vanguard Capital Wealth Advisors purchased a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 3,750 shares of the manufacturing equipment provider's stock, valued at approximately $687,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. raised its holdings in 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 buying an additional 1,502,995 shares during the last quarter. Amundi raised its holdings in Applied Materials by 15.8% during the 1st quarter. Amundi now owns 7,656,034 shares of the manufacturing equipment provider's stock valued at $1,038,504,000 after buying an additional 1,046,635 shares during the last quarter. Nuveen LLC bought a new stake in Applied Materials during the 1st quarter valued at $1,085,600,000. Deutsche Bank AG raised its holdings in Applied Materials by 20.7% during the 1st quarter. Deutsche Bank AG now owns 7,189,402 shares of the manufacturing equipment provider's stock valued at $1,043,326,000 after buying an additional 1,235,097 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its holdings in Applied Materials by 43.6% during 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 buying an additional 1,691,428 shares during the last quarter. 80.56% of the stock is currently owned by institutional investors.

Applied Materials Stock Up 0.2%

NASDAQ:AMAT opened at $190.10 on Friday. The firm has a market cap of $151.44 billion, a P/E ratio of 22.66, a P/E/G ratio of 2.71 and a beta of 1.77. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.76 and a current ratio of 2.50. Applied Materials, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $215.70. The firm has a 50-day simple moving average of $176.30 and a two-hundred day simple moving average of $165.58.

Applied Materials (NASDAQ:AMAT - Get Free Report) last announced its quarterly earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.36 by $0.12. The firm had revenue of $7.30 billion for the quarter, compared to the consensus estimate of $7.21 billion. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The business's quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter last year, the firm posted $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Analysts predict that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be issued a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Thursday, November 20th. Applied Materials's dividend payout ratio (DPR) is presently 21.93%.

Wall Street Analyst Weigh In

AMAT has been the subject of a number of recent analyst reports. Mizuho reiterated a "neutral" rating and set a $175.00 price target (down from $200.00) on shares of Applied Materials in a report on Friday, September 12th. Wolfe Research lowered their price target on shares of Applied Materials from $230.00 to $200.00 and set an "outperform" rating for the company in a report on Friday, August 15th. Cfra Research upgraded shares of Applied Materials to a "hold" rating in a report on Friday, August 15th. Bank of America restated a "neutral" rating and issued a $180.00 price objective (down from $190.00) on shares of Applied Materials in a report on Friday, August 15th. Finally, Morgan Stanley upped their price objective on shares of Applied Materials from $169.00 to $172.00 and gave the stock an "equal weight" rating in a report on Friday, August 15th. Sixteen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $192.92.

Insider Activity

In other news, CAO Adam Sanders sold 562 shares of the firm's 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 owned 5,300 shares of the company's stock, valued at $946,580. This trade represents a 9.59% decrease in their position. The sale 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.

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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