Scotia Capital Inc. Purchases 2,267 Shares of Applied Materials, Inc. $AMAT

Scotia Capital Inc. lifted its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 11.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,327 shares of the manufacturing equipment provider’s stock after buying an additional 2,267 shares during the quarter. Scotia Capital Inc.’s holdings in Applied Materials were worth $3,904,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of AMAT. Brighton Jones LLC lifted its stake in shares of Applied Materials by 28.0% in the 4th quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock valued at $2,061,000 after purchasing an additional 2,771 shares during the period. Nicolet Advisory Services LLC grew its stake in Applied Materials by 13.5% during the first quarter. Nicolet Advisory Services LLC now owns 3,378 shares of the manufacturing equipment provider’s stock worth $467,000 after purchasing an additional 403 shares during the period. Alberta Investment Management Corp increased its holdings in Applied Materials by 61.2% in the first quarter. Alberta Investment Management Corp now owns 16,600 shares of the manufacturing equipment provider’s stock worth $2,409,000 after purchasing an additional 6,300 shares in the last quarter. Moors & Cabot Inc. lifted its stake in Applied Materials by 11.8% in the first quarter. Moors & Cabot Inc. now owns 17,090 shares of the manufacturing equipment provider’s stock valued at $2,480,000 after buying an additional 1,807 shares during the period. Finally, Fiduciary Wealth Partners LLC acquired a new position in Applied Materials in the first quarter valued at approximately $46,000. Institutional investors and hedge funds own 80.56% of the company’s stock.

Insider Buying and Selling

In other Applied Materials news, SVP Teri A. Little sold 4,000 shares of the firm’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $238.24, for a total transaction of $952,960.00. Following the transaction, the senior vice president directly owned 84,351 shares in the company, valued at approximately $20,095,782.24. This trade represents a 4.53% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.24% of the company’s stock.

Applied Materials Trading Up 0.8%

NASDAQ:AMAT opened at $252.03 on Friday. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.50 and a quick ratio of 1.76. Applied Materials, Inc. has a one year low of $123.74 and a one year high of $252.66. The company has a market cap of $200.77 billion, a PE ratio of 30.04, a PEG ratio of 2.95 and a beta of 1.84. The firm has a 50-day moving average of $224.86 and a 200-day moving average of $192.57.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 earnings per share for the quarter, beating the consensus estimate of $2.11 by $0.06. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The business’s revenue was down 3.5% compared to the same quarter last year. During the same period in the previous year, the business posted $2.32 EPS. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. As a group, equities research analysts expect that Applied Materials, Inc. will post 9.38 EPS for the current fiscal 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 issued a dividend of $0.46 per share. The ex-dividend date is Thursday, November 20th. This represents a $1.84 annualized dividend and a yield of 0.7%. Applied Materials’s dividend payout ratio is 21.20%.

Analyst Ratings Changes

Several analysts have recently commented on AMAT shares. Evercore ISI reaffirmed an “outperform” rating and set a $290.00 price objective on shares of Applied Materials in a research report on Friday, November 14th. Summit Insights lowered shares of Applied Materials from a “buy” rating to a “hold” rating in a research note on Friday, August 15th. BNP Paribas upgraded shares of Applied Materials to a “hold” rating in a report on Monday, November 17th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $250.00 price target on shares of Applied Materials in a research note on Friday, November 14th. Finally, Cfra Research raised shares of Applied Materials to a “hold” rating in a research report on Friday, August 15th. Twenty investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $228.04.

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.