Sonora Investment Management Group LLC Has $1.68 Million Stake in Applied Materials, Inc. $AMAT

Sonora Investment Management Group LLC decreased its position in Applied Materials, Inc. (NASDAQ:AMAT) by 3.8% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 9,153 shares of the manufacturing equipment provider’s stock after selling 357 shares during the period. Sonora Investment Management Group LLC’s holdings in Applied Materials were worth $1,676,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. boosted its stake in Applied Materials by 23.6% in the 1st quarter. Ameriprise Financial Inc. now owns 7,860,838 shares of the manufacturing equipment provider’s stock worth $1,140,836,000 after purchasing an additional 1,502,995 shares during the period. Amundi lifted its position in Applied Materials by 15.8% in the 1st quarter. Amundi now owns 7,656,034 shares of the manufacturing equipment provider’s stock worth $1,038,504,000 after buying an additional 1,046,635 shares in the last quarter. Nuveen LLC purchased a new stake in Applied Materials in the 1st quarter worth approximately $1,085,600,000. Deutsche Bank AG lifted its position in Applied Materials by 20.7% in the 1st quarter. Deutsche Bank AG now owns 7,189,402 shares of the manufacturing equipment provider’s stock worth $1,043,326,000 after buying an additional 1,235,097 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its position in 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. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Stock Performance

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 firm’s fifty day simple moving average is $176.94 and its 200 day simple moving average is $167.33. 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 PE ratio of 24.31, a PEG ratio of 2.91 and a beta of 1.77.

Applied Materials (NASDAQ:AMAT) last posted its 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. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The business had revenue of $7.30 billion for the quarter, compared to analyst estimates of $7.21 billion. During the same period last year, the business posted $2.12 EPS. Applied Materials’s revenue was up 7.7% compared to the same quarter last year. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. On average, sell-side analysts anticipate that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Announces Dividend

The firm also recently announced 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 annualized dividend 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

AMAT has been the subject of a number of research analyst reports. Morgan Stanley upgraded shares of Applied Materials from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $172.00 to $209.00 in a research report on Monday, September 22nd. TD Cowen cut their target price on shares of Applied Materials from $220.00 to $200.00 and set a “buy” rating for the company in a research report on Friday, August 15th. Daiwa Capital Markets reiterated a “neutral” rating and issued a $170.00 target price (down previously from $185.00) on shares of Applied Materials in a research report on Wednesday, August 20th. DZ Bank downgraded shares of Applied Materials from a “hold” rating to a “sell” rating and set a $150.00 target price for the company. in a research report on Friday, August 15th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Applied Materials from $210.00 to $220.00 and gave the company an “overweight” rating in a research note on Friday, August 15th. Seventeen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Applied Materials has an average rating of “Moderate Buy” and a consensus price target of $194.15.

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.