WESPAC Advisors LLC Takes $236,000 Position in Applied Materials, Inc. $AMAT

WESPAC Advisors LLC purchased a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 1,289 shares of the manufacturing equipment provider’s stock, valued at approximately $236,000.

Several other institutional investors and hedge funds have also recently modified their holdings of AMAT. Nuveen LLC acquired a new position in shares of Applied Materials during the 1st quarter valued at about $1,085,600,000. Kingstone Capital Partners Texas LLC acquired a new position in shares of Applied Materials during the 2nd quarter valued at about $882,396,000. Pacer Advisors Inc. boosted its position in shares of Applied Materials by 2,401.0% during the 1st quarter. Pacer Advisors Inc. now owns 3,066,817 shares of the manufacturing equipment provider’s stock valued at $445,056,000 after acquiring an additional 2,944,193 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in shares of 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 acquiring an additional 1,691,428 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its holdings 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 valued at $1,140,836,000 after buying an additional 1,502,995 shares during the period. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Stock Down 5.5%

Shares of NASDAQ:AMAT opened at $211.56 on Wednesday. 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 capitalization of $168.54 billion, a PE ratio of 25.22, a price-to-earnings-growth ratio of 2.93 and a beta of 1.82. The firm’s 50-day moving average is $180.63 and its two-hundred day moving average is $170.31. Applied Materials, Inc. has a 1 year low of $123.74 and a 1 year high of $226.49.

Applied Materials (NASDAQ:AMAT) last issued 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. The company had revenue of $7.30 billion for the quarter, compared to analyst estimates of $7.21 billion. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The business’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.12 earnings per share. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. Analysts predict that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be paid 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 dividend payout ratio is presently 21.93%.

Wall Street Analyst Weigh In

AMAT has been the topic of several research analyst reports. DZ Bank lowered shares of Applied Materials from a “hold” rating to a “sell” rating and set a $150.00 price objective on the stock. in a report on Friday, August 15th. The Goldman Sachs Group initiated coverage on shares of Applied Materials in a report on Thursday, July 10th. They issued a “buy” rating and a $225.00 price objective on the stock. Daiwa Capital Markets restated a “neutral” rating and issued a $170.00 price objective (down from $185.00) on shares of Applied Materials in a report on Wednesday, August 20th. Cantor Fitzgerald restated an “overweight” rating and issued a $225.00 price objective on shares of Applied Materials in a report on Friday, October 3rd. Finally, Morgan Stanley upgraded shares of Applied Materials from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $172.00 to $209.00 in a report on Monday, September 22nd. Seventeen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Applied Materials currently has an average rating of “Moderate Buy” and an average price target of $195.12.

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.