University of Texas Texas AM Investment Management Co. Has $4.14 Million Stock Holdings in Applied Materials, Inc. $AMAT

University of Texas Texas AM Investment Management Co. lowered its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 11.6% during the second quarter, Holdings Channel reports. The firm owned 22,623 shares of the manufacturing equipment provider’s stock after selling 2,977 shares during the period. University of Texas Texas AM Investment Management Co.’s holdings in Applied Materials were worth $4,142,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Ameriprise Financial Inc. lifted its position in shares of Applied Materials by 23.6% in the first quarter. Ameriprise Financial Inc. now owns 7,860,838 shares of the manufacturing equipment provider’s stock worth $1,140,836,000 after buying an additional 1,502,995 shares during the last quarter. Amundi raised its stake in shares of Applied Materials by 15.8% in the 1st quarter. Amundi now owns 7,656,034 shares of the manufacturing equipment provider’s stock valued at $1,038,504,000 after acquiring an additional 1,046,635 shares in the last quarter. Nuveen LLC acquired a new stake in Applied Materials in the 1st quarter worth approximately $1,085,600,000. Deutsche Bank AG boosted its position in Applied Materials by 20.7% during the first quarter. Deutsche Bank AG now owns 7,189,402 shares of the manufacturing equipment provider’s stock worth $1,043,326,000 after purchasing an additional 1,235,097 shares during the period. Finally, Price T Rowe Associates Inc. MD grew its holdings in Applied Materials by 43.6% during the first 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 purchasing an additional 1,691,428 shares during the last quarter. 80.56% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. UBS Group reduced their price objective on shares of Applied Materials from $185.00 to $180.00 and set a “neutral” rating for the company in a research note on Friday, August 15th. Summit Insights lowered Applied Materials from a “buy” rating to a “hold” rating in a report on Friday, August 15th. Morgan Stanley raised Applied Materials from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $172.00 to $209.00 in a research report on Monday, September 22nd. DZ Bank lowered shares of Applied Materials from a “hold” rating to a “sell” rating and set a $150.00 target price on the stock. in a research report on Friday, August 15th. Finally, Citigroup reduced their price target on shares of Applied Materials from $220.00 to $205.00 and set a “buy” rating for the company in a report on Friday, August 15th. Eighteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $209.15.

Applied Materials Stock Performance

NASDAQ AMAT opened at $228.75 on Friday. The company has a quick ratio of 1.76, a current ratio of 2.50 and a debt-to-equity ratio of 0.28. The company’s 50-day simple moving average is $191.18 and its 200 day simple moving average is $177.63. The stock has a market cap of $182.23 billion, a P/E ratio of 27.26, a PEG ratio of 2.86 and a beta of 1.82. Applied Materials, Inc. has a twelve month low of $123.74 and a twelve month high of $232.07.

Applied Materials (NASDAQ:AMAT) last issued its 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 business had revenue of $7.30 billion during the quarter, compared to analysts’ expectations of $7.21 billion. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.Applied Materials’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.12 EPS. Applied Materials has set its Q4 2025 guidance at 1.910-2.310 EPS. As a group, 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 issued a dividend of $0.46 per share. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.8%. Applied Materials’s dividend payout ratio (DPR) is presently 21.93%.

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.