Applied Materials, Inc. $AMAT Shares Sold by MainStreet Investment Advisors LLC

MainStreet Investment Advisors LLC decreased its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 3.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,869 shares of the manufacturing equipment provider’s stock after selling 559 shares during the period. MainStreet Investment Advisors LLC’s holdings in Applied Materials were worth $2,905,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Maseco LLP purchased a new position in shares of Applied Materials in the 2nd quarter worth $30,000. Clal Insurance Enterprises Holdings Ltd raised its holdings in shares of 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 lifted its stake in shares of Applied Materials by 5,325.0% in the 1st 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 in the last quarter. Financial Gravity Companies Inc. acquired a new position in shares of Applied Materials in the 2nd quarter valued at about $31,000. Finally, Disciplina Capital Management LLC grew its holdings in shares of Applied Materials by 91.5% during 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 hedge funds and other institutional investors.

Applied Materials Price Performance

AMAT stock opened at $228.71 on Tuesday. The stock’s 50 day moving average is $213.61 and its two-hundred day moving average is $187.88. Applied Materials, Inc. has a 52-week low of $123.74 and a 52-week high of $242.50. The company has a market capitalization of $182.20 billion, a PE ratio of 27.26, a P/E/G ratio of 2.95 and a beta of 1.84. The company has a quick ratio of 1.76, a current ratio of 2.50 and a debt-to-equity ratio of 0.28.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 earnings per share for the quarter, topping analysts’ consensus estimates of $2.11 by $0.06. The business had revenue of $6.80 billion during the quarter, compared to the consensus estimate of $6.68 billion. Applied Materials had a net margin of 23.88% and a return on equity of 40.96%. The business’s quarterly revenue was down 3.5% compared to the same quarter last year. During the same quarter last year, the company earned $2.32 earnings per share. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. Analysts predict that Applied Materials, Inc. will post 9.38 earnings per share 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. Stockholders of record on Thursday, November 20th will be given a dividend of $0.46 per share. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $1.84 annualized dividend and a dividend yield of 0.8%. Applied Materials’s dividend payout ratio (DPR) is presently 21.20%.

Analyst Ratings Changes

A number of research analysts have weighed in on AMAT shares. Cowen reaffirmed a “buy” rating on shares of Applied Materials in a research report on Friday. Daiwa America downgraded Applied Materials from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 20th. Citigroup increased their target price on Applied Materials from $205.00 to $250.00 and gave the company a “buy” rating in a research note on Friday. Weiss Ratings reissued a “hold (c+)” rating on shares of Applied Materials in a research report on Thursday. Finally, B. Riley reaffirmed a “buy” rating and issued a $270.00 price objective (up previously from $265.00) on shares of Applied Materials in a research report on Friday. Nineteen research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. According to data from MarketBeat.com, Applied Materials presently has an average rating of “Moderate Buy” and an average target price of $226.74.

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.