True North Advisors LLC Acquires 5,418 Shares of Applied Materials, Inc. $AMAT

True North Advisors LLC boosted its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 354.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,948 shares of the manufacturing equipment provider’s stock after purchasing an additional 5,418 shares during the period. True North Advisors LLC’s holdings in Applied Materials were worth $1,272,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of AMAT. Runnymede Capital Advisors Inc. increased its holdings in Applied Materials by 972.2% during 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 during the last quarter. Smallwood Wealth Investment Management LLC bought a new position in shares of Applied Materials during the 1st quarter valued at approximately $29,000. Maseco LLP purchased a new stake in shares of Applied Materials during the 2nd quarter worth approximately $30,000. Clal Insurance Enterprises Holdings Ltd increased its stake in shares of 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 worth $31,000 after purchasing an additional 174 shares during the last quarter. Finally, Activest Wealth Management raised its holdings in shares of Applied Materials by 5,325.0% in the 1st quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider’s stock worth $31,000 after purchasing an additional 213 shares during the period. Institutional investors own 80.56% of the company’s stock.

Applied Materials Stock Down 0.9%

AMAT stock opened at $199.60 on Friday. The stock has a 50-day simple moving average of $176.67 and a two-hundred day simple moving average of $166.81. Applied Materials, Inc. has a twelve month low of $123.74 and a twelve month high of $215.70. The firm has a market capitalization of $159.01 billion, a PE ratio of 23.79, a PEG ratio of 2.87 and a beta of 1.77. The company has a quick ratio of 1.76, a current ratio of 2.50 and a debt-to-equity ratio of 0.28.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.36 by $0.12. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. 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 posted $2.12 earnings per share. The company’s revenue for the quarter 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 predict that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Applied Materials Announces Dividend

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

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Daiwa Capital Markets reissued a “neutral” rating and set a $170.00 price objective (down from $185.00) on shares of Applied Materials in a report on Wednesday, August 20th. Deutsche Bank Aktiengesellschaft cut their price target on Applied Materials from $200.00 to $170.00 and set a “hold” rating for the company in a research note on Friday, August 15th. 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 note on Friday, August 15th. Wall Street Zen downgraded shares of Applied Materials from a “buy” rating to a “hold” rating in a report on Saturday, June 14th. Finally, Morgan Stanley upgraded shares of Applied Materials from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $172.00 to $209.00 in a research note on Monday. Seventeen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Applied Materials presently has a consensus rating of “Moderate Buy” and a consensus target price of $194.15.

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.