Occidental Asset Management LLC Has $4.53 Million Holdings in Applied Materials, Inc. $AMAT

Occidental Asset Management LLC increased its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 2.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 24,752 shares of the manufacturing equipment provider’s stock after buying an additional 624 shares during the quarter. Occidental Asset Management LLC’s holdings in Applied Materials were worth $4,531,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in AMAT. Runnymede Capital Advisors Inc. boosted its holdings in shares of 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 during the last quarter. Smallwood Wealth Investment Management LLC acquired a new stake in Applied Materials during the 1st quarter valued at $29,000. Clal Insurance Enterprises Holdings Ltd lifted its holdings in Applied Materials by 435.0% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider’s stock valued at $31,000 after purchasing an additional 174 shares during the last quarter. Activest Wealth Management lifted its holdings in Applied Materials by 5,325.0% during the 1st quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider’s stock valued at $31,000 after purchasing an additional 213 shares during the last quarter. Finally, Disciplina Capital Management LLC lifted its holdings in Applied Materials by 91.5% during the 1st quarter. Disciplina Capital Management LLC now owns 272 shares of the manufacturing equipment provider’s stock valued at $39,000 after purchasing an additional 130 shares during the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Price Performance

Applied Materials stock opened at $200.52 on Tuesday. The stock’s 50 day moving average is $176.36 and its 200 day moving average is $165.99. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.50 and a quick ratio of 1.76. The firm has a market cap of $159.74 billion, a P/E ratio of 23.90, a P/E/G ratio of 2.71 and a beta of 1.77. Applied Materials, Inc. has a one year low of $123.74 and a one year high of $215.70.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings data on Thursday, August 14th. The manufacturing equipment provider reported $2.48 EPS for the quarter, topping analysts’ consensus estimates of $2.36 by $0.12. The company had revenue of $7.30 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the previous year, the firm earned $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, research analysts expect that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be paid a $0.46 dividend. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $1.84 annualized dividend and a yield of 0.9%. Applied Materials’s payout ratio is 21.93%.

Analyst Ratings Changes

AMAT has been the subject of several research reports. Cantor Fitzgerald cut their price target on Applied Materials from $220.00 to $200.00 and set an “overweight” rating for the company in a report on Friday, August 15th. Daiwa America cut Applied Materials from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 20th. Bank of America reiterated a “neutral” rating and set a $180.00 price objective (down previously from $190.00) on shares of Applied Materials in a research report on Friday, August 15th. Wolfe Research lowered their price objective on Applied Materials from $230.00 to $200.00 and set an “outperform” rating on the stock in a research report on Friday, August 15th. Finally, Stifel Nicolaus lowered their price objective on Applied Materials from $195.00 to $180.00 and set a “buy” rating on the stock in a research report on Friday, August 15th. Seventeen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $194.35.

Applied Materials Company 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.