Wealthstream Advisors Inc. Takes Position in Applied Materials, Inc. $AMAT

Wealthstream Advisors Inc. bought a new stake in Applied Materials, Inc. (NASDAQ:AMAT) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,105 shares of the manufacturing equipment provider’s stock, valued at approximately $202,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Runnymede Capital Advisors Inc. boosted its stake in Applied Materials by 972.2% during the 1st quarter. Runnymede Capital Advisors Inc. now owns 193 shares of the manufacturing equipment provider’s stock worth $28,000 after acquiring an additional 175 shares during the last quarter. Smallwood Wealth Investment Management LLC acquired a new stake in Applied Materials during the 1st quarter worth approximately $29,000. Maseco LLP acquired a new stake in shares of Applied Materials in the second quarter valued at approximately $30,000. Clal Insurance Enterprises Holdings Ltd raised its holdings in shares of Applied Materials by 435.0% in the first 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. Finally, Activest Wealth Management raised its holdings in shares of Applied Materials by 5,325.0% in the first 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. Institutional investors own 80.56% of the company’s stock.

Applied Materials Price Performance

Shares of AMAT opened at $224.99 on Friday. The company has a market cap of $179.24 billion, a price-to-earnings ratio of 26.82, a PEG ratio of 2.81 and a beta of 1.82. Applied Materials, Inc. has a 1-year low of $123.74 and a 1-year high of $232.07. The company’s fifty day simple moving average is $186.80 and its 200 day simple moving average is $174.30. The company has a current ratio of 2.50, a quick ratio of 1.76 and a debt-to-equity ratio of 0.28.

Applied Materials (NASDAQ:AMAT) last released 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. 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 during the quarter, compared to analysts’ expectations of $7.21 billion. During the same period in the previous year, the business posted $2.12 earnings per share. The company’s revenue for the quarter 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, research analysts forecast that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders 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 yield of 0.8%. The ex-dividend date of this dividend is Thursday, November 20th. Applied Materials’s payout ratio is 21.93%.

Analyst Ratings Changes

A number of analysts have recently issued reports on AMAT shares. Barclays lifted their price objective on shares of Applied Materials from $160.00 to $170.00 and gave the company an “equal weight” rating in a report on Monday, July 28th. Mizuho lifted their price objective on shares of Applied Materials from $175.00 to $215.00 and gave the company a “neutral” rating in a report on Thursday. Summit Insights downgraded shares of Applied Materials from a “buy” rating to a “hold” rating in a report on Friday, August 15th. KeyCorp boosted their target price on shares of Applied Materials from $220.00 to $240.00 and gave the stock an “overweight” rating in a report on Friday, October 10th. Finally, Evercore ISI restated an “outperform” rating and set a $209.00 target price on shares of Applied Materials in a report on Friday, August 15th. Eighteen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Applied Materials currently has an average rating of “Moderate Buy” and an average price target of $206.08.

About Applied Materials

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.