Applied Materials, Inc. (NASDAQ:AMAT - Free Report) - Equities researchers at B. Riley decreased their Q3 2025 earnings per share estimates for shares of Applied Materials in a report released on Thursday, May 15th. B. Riley analyst C. Ellis now forecasts that the manufacturing equipment provider will post earnings of $2.35 per share for the quarter, down from their previous forecast of $2.43. B. Riley currently has a "Buy" rating and a $215.00 target price on the stock. The consensus estimate for Applied Materials' current full-year earnings is $9.38 per share. B. Riley also issued estimates for Applied Materials' Q4 2025 earnings at $2.44 EPS, FY2025 earnings at $9.55 EPS, Q1 2026 earnings at $2.34 EPS, Q2 2026 earnings at $2.42 EPS, Q3 2026 earnings at $2.62 EPS, Q4 2026 earnings at $2.81 EPS, FY2026 earnings at $10.18 EPS and FY2027 earnings at $11.14 EPS.
Applied Materials (NASDAQ:AMAT - Get Free Report) last announced its quarterly earnings results on Thursday, May 15th. The manufacturing equipment provider reported $2.39 earnings per share for the quarter, beating the consensus estimate of $2.31 by $0.08. The company had revenue of $7.10 billion during the quarter, compared to the consensus estimate of $7.12 billion. Applied Materials had a net margin of 22.95% and a return on equity of 39.50%. The firm's quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter last year, the firm earned $2.09 earnings per share.
A number of other research analysts also recently weighed in on AMAT. Susquehanna increased their price objective on shares of Applied Materials from $155.00 to $165.00 and gave the company a "neutral" rating in a research report on Wednesday, January 22nd. Needham & Company LLC restated a "buy" rating and set a $195.00 price objective on shares of Applied Materials in a research report on Friday. Morgan Stanley reduced their price objective on Applied Materials from $164.00 to $162.00 and set an "underweight" rating for the company in a research report on Friday. Stifel Nicolaus reduced their price objective on Applied Materials from $235.00 to $195.00 and set a "buy" rating for the company in a research report on Tuesday, April 15th. Finally, Raymond James reiterated an "outperform" rating and set a $200.00 price objective (down previously from $225.00) on shares of Applied Materials in a research report on Friday. One analyst has rated the stock with a sell rating, six have assigned a hold rating and sixteen have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $199.48.
View Our Latest Stock Report on Applied Materials
Applied Materials Stock Performance
Shares of Applied Materials stock traded down $0.21 during trading on Monday, hitting $165.73. 5,358,752 shares of the company's stock traded hands, compared to its average volume of 6,872,397. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.67 and a quick ratio of 1.96. Applied Materials has a 1 year low of $123.74 and a 1 year high of $255.89. The stock has a market capitalization of $134.65 billion, a P/E ratio of 21.66, a PEG ratio of 1.81 and a beta of 1.71. The business has a 50-day simple moving average of $149.52 and a 200-day simple moving average of $165.12.
Institutional Trading of Applied Materials
Several hedge funds have recently bought and sold shares of AMAT. Norges Bank bought a new stake in Applied Materials in the 4th quarter worth approximately $1,588,422,000. Nuveen LLC purchased a new position in shares of Applied Materials in the 1st quarter worth $1,085,600,000. Pacer Advisors Inc. grew its stake 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 buying an additional 2,944,193 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Applied Materials by 18,402.1% in the 1st quarter. GAMMA Investing LLC now owns 1,824,304 shares of the manufacturing equipment provider's stock worth $2,647,430,000 after buying an additional 1,814,444 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD grew 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 worth $808,853,000 after buying an additional 1,691,428 shares in the last quarter. Hedge funds and other institutional investors own 80.56% of the company's stock.
Insiders Place Their Bets
In other Applied Materials news, CAO Adam Sanders sold 450 shares of the business's stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $144.83, for a total value of $65,173.50. Following the sale, the chief accounting officer now owns 6,077 shares in the company, valued at $880,131.91. The trade was a 6.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Gary E. Dickerson purchased 50,000 shares of the firm's stock in a transaction on Thursday, April 3rd. The stock was bought at an average price of $137.30 per share, for a total transaction of $6,865,000.00. Following the purchase, the chief executive officer now owns 1,716,058 shares in the company, valued at approximately $235,614,763.40. This represents a 3.00% increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.24% of the stock is currently owned by corporate insiders.
Applied Materials declared that its Board of Directors has approved a share repurchase program on Monday, March 10th that allows the company to repurchase $10.00 billion in shares. This repurchase authorization allows the manufacturing equipment provider to repurchase up to 8.2% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's leadership believes its stock is undervalued.
Applied Materials Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 22nd will be paid a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date of this dividend is Thursday, May 22nd. This is a positive change from Applied Materials's previous quarterly dividend of $0.40. Applied Materials's dividend payout ratio is presently 22.38%.
About Applied Materials
(
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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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