Grant Private Wealth Management Inc Takes $476,000 Position in Applied Materials, Inc. $AMAT

Grant Private Wealth Management Inc acquired a new position in Applied Materials, Inc. (NASDAQ:AMAT) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,323 shares of the manufacturing equipment provider’s stock, valued at approximately $476,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Maseco LLP acquired a new stake in shares of Applied Materials in the 2nd quarter worth approximately $30,000. Financial Gravity Companies Inc. bought a new stake in Applied Materials during the second quarter worth approximately $31,000. Howard Hughes Medical Institute acquired a new stake in Applied Materials in the second quarter worth approximately $32,000. Total Investment Management Inc. bought a new position in Applied Materials during the 2nd quarter valued at $33,000. Finally, Kilter Group LLC acquired a new position in shares of Applied Materials during the 2nd quarter valued at $36,000. Institutional investors own 80.56% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. TD Cowen upped their price objective on Applied Materials from $260.00 to $315.00 and gave the company a “buy” rating in a report on Thursday, December 4th. Evercore ISI reiterated an “outperform” rating and issued a $290.00 price target on shares of Applied Materials in a research report on Friday, November 14th. The Goldman Sachs Group reissued a “buy” rating and issued a $250.00 price target on shares of Applied Materials in a report on Friday, November 14th. Cantor Fitzgerald restated an “overweight” rating and set a $350.00 price objective on shares of Applied Materials in a research report on Tuesday. Finally, Daiwa Capital Markets reiterated a “neutral” rating and issued a $170.00 target price (down from $185.00) on shares of Applied Materials in a report on Wednesday, August 20th. Twenty investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $244.00.

Applied Materials Trading Down 0.9%

Shares of AMAT opened at $258.84 on Wednesday. The business’s 50-day moving average price is $238.37 and its 200 day moving average price is $201.42. The stock has a market capitalization of $205.24 billion, a P/E ratio of 29.82, a P/E/G ratio of 2.71 and a beta of 1.67. Applied Materials, Inc. has a 1-year low of $123.74 and a 1-year high of $276.10. The company has a current ratio of 2.61, a quick ratio of 1.87 and a debt-to-equity ratio of 0.32.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings data on Thursday, November 13th. The manufacturing equipment provider reported $2.17 EPS for the quarter, beating analysts’ consensus estimates of $2.11 by $0.06. Applied Materials had a net margin of 24.67% and a return on equity of 39.26%. The company had revenue of $6.80 billion during the quarter, compared to analyst estimates of $6.68 billion. During the same period in the prior year, the firm earned $2.32 earnings per share. The business’s quarterly revenue was down 3.5% on a year-over-year basis. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. Analysts expect that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Thursday, February 19th will be paid a $0.46 dividend. The ex-dividend date of this dividend is Thursday, February 19th. This represents a $1.84 dividend on an annualized basis and a yield of 0.7%. Applied Materials’s dividend payout ratio (DPR) is currently 21.20%.

Insider Activity at Applied Materials

In other Applied Materials news, SVP Teri A. Little sold 4,000 shares of the business’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $238.24, for a total transaction of $952,960.00. Following the sale, the senior vice president directly owned 84,351 shares of the company’s stock, valued at $20,095,782.24. The trade was a 4.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Adam Sanders sold 609 shares of the stock in a transaction on Monday, December 1st. The shares were sold at an average price of $255.53, for a total value of $155,617.77. Following the completion of the sale, the chief accounting officer owned 4,413 shares of the company’s stock, valued at $1,127,653.89. The trade was a 12.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 8,609 shares of company stock worth $2,044,898. Corporate insiders own 0.24% of the company’s stock.

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.