Milestone Asset Management Group LLC Invests $235,000 in Applied Materials, Inc. $AMAT

Milestone Asset Management Group LLC acquired a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 1,282 shares of the manufacturing equipment provider’s stock, valued at approximately $235,000.

Other hedge funds also recently made changes to their positions in the company. Smallwood Wealth Investment Management LLC bought a new stake in shares of Applied Materials during the 1st quarter worth $29,000. Maseco LLP purchased a new position in Applied Materials in the 2nd quarter worth $30,000. Clal Insurance Enterprises Holdings Ltd raised its position in Applied Materials by 435.0% in 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 period. Activest Wealth Management raised its position in 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. Finally, Disciplina Capital Management LLC raised its position in Applied Materials by 91.5% in the 1st quarter. Disciplina Capital Management LLC now owns 272 shares of the manufacturing equipment provider’s stock worth $39,000 after purchasing an additional 130 shares during the period. 80.56% of the stock is owned by institutional investors.

Applied Materials Price Performance

AMAT stock opened at $227.64 on Wednesday. The firm’s 50-day moving average price is $193.84 and its two-hundred day moving average price is $179.02. Applied Materials, Inc. has a 12-month low of $123.74 and a 12-month high of $235.79. The stock has a market capitalization of $181.35 billion, a price-to-earnings ratio of 27.13, a PEG ratio of 2.89 and a beta of 1.82. 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 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 firm had revenue of $7.30 billion for the quarter, compared to analysts’ expectations of $7.21 billion. During the same quarter in the previous year, the company earned $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. As a group, equities analysts predict that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be given a dividend of $0.46 per share. The ex-dividend date is Thursday, November 20th. This represents a $1.84 annualized dividend and a dividend yield of 0.8%. Applied Materials’s payout ratio is currently 21.93%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Mizuho lifted their target price on shares of Applied Materials from $175.00 to $215.00 and gave the stock a “neutral” rating in a research report on Thursday, October 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of Applied Materials in a research report on Wednesday, October 8th. UBS Group decreased their target price on shares of Applied Materials from $185.00 to $180.00 and set a “neutral” rating on the stock in a research report on Friday, August 15th. Rothschild & Co Redburn cut shares of Applied Materials from a “buy” rating to a “neutral” rating and set a $200.00 target price on the stock. in a research report on Monday, July 7th. Finally, KeyCorp lifted their target price on shares of Applied Materials from $220.00 to $240.00 and gave the stock an “overweight” rating in a research report on Friday, October 10th. Eighteen 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, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $209.15.

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.