Applied Materials, Inc. (NASDAQ:AMAT) Shares Bought by Alta Advisers Ltd

01 Jul 2025, 12:10 by Jessica Moore · The Cerbat Gem

Alta Advisers Ltd raised its position in Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 47.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,036 shares of the manufacturing equipment provider’s stock after acquiring an additional 1,300 shares during the quarter. Alta Advisers Ltd’s holdings in Applied Materials were worth $586,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. LaFleur & Godfrey LLC boosted its stake in shares of Applied Materials by 17.2% in the 4th quarter. LaFleur & Godfrey LLC now owns 17,246 shares of the manufacturing equipment provider’s stock valued at $2,805,000 after buying an additional 2,536 shares during the period. Eagle Capital Management LLC boosted its stake in shares of Applied Materials by 1.8% in the 4th quarter. Eagle Capital Management LLC now owns 16,004 shares of the manufacturing equipment provider’s stock valued at $2,603,000 after buying an additional 290 shares during the period. Brighton Jones LLC boosted 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 buying an additional 2,771 shares during the period. Maia Wealth LLC purchased a new position in shares of Applied Materials in the 4th quarter valued at about $575,000. Finally, Smartleaf Asset Management LLC boosted its stake in shares of Applied Materials by 38.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 10,788 shares of the manufacturing equipment provider’s stock valued at $1,765,000 after buying an additional 3,005 shares during the period. 80.56% of the stock is owned by institutional investors and hedge funds.

Applied Materials Price Performance

Applied Materials stock opened at $183.07 on Tuesday. The business has a 50 day simple moving average of $164.03 and a 200-day simple moving average of $163.32. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $255.89. The stock has a market capitalization of $146.91 billion, a PE ratio of 22.27, a price-to-earnings-growth ratio of 2.04 and a beta of 1.67. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.46 and a quick ratio of 1.76.

Applied Materials (NASDAQ:AMAT – Get Free Report) last announced its quarterly earnings data on Thursday, May 15th. The manufacturing equipment provider reported $2.39 earnings per share for the quarter, topping analysts’ consensus estimates of $2.31 by $0.08. Applied Materials had a return on equity of 40.15% and a net margin of 24.06%. The firm had revenue of $7.10 billion for the quarter, compared to analyst estimates of $7.12 billion. During the same quarter in the prior year, the company posted $2.09 earnings per share. Applied Materials’s quarterly revenue was up 6.8% on a year-over-year basis. Equities analysts predict that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Thursday, August 21st will be issued a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date of this dividend is Thursday, August 21st. Applied Materials’s dividend payout ratio is presently 22.38%.

Applied Materials announced that its board has authorized a stock buyback plan on Monday, March 10th that permits the company to repurchase $10.00 billion in outstanding shares. This repurchase authorization permits the manufacturing equipment provider to reacquire up to 8.2% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Stifel Nicolaus decreased their price objective on Applied Materials from $235.00 to $195.00 and set a “buy” rating for the company in a research note on Tuesday, April 15th. Barclays decreased their target price on Applied Materials from $190.00 to $160.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 22nd. B. Riley decreased their target price on Applied Materials from $250.00 to $215.00 and set a “buy” rating for the company in a research note on Monday, May 12th. Citigroup lifted their price target on Applied Materials from $170.00 to $190.00 and gave the stock a “buy” rating in a research report on Friday, May 16th. Finally, JPMorgan Chase & Co. cut their price target on Applied Materials from $240.00 to $210.00 and set an “overweight” rating on the stock in a research report on Friday, May 16th. Seven investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $200.24.

View Our Latest Analysis on AMAT

Insiders Place Their Bets

In other news, CEO Gary E. Dickerson bought 50,000 shares of the stock in a transaction on Thursday, April 3rd. The shares were bought at an average price of $137.30 per share, with a total value of $6,865,000.00. Following the completion of the acquisition, the chief executive officer owned 1,716,058 shares of the company’s stock, valued at approximately $235,614,763.40. This trade represents a 3.00% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Adam Sanders sold 562 shares of the company’s stock in a transaction on Tuesday, June 24th. The shares were sold at an average price of $178.60, for a total value of $100,373.20. Following the completion of the sale, the chief accounting officer directly owned 5,300 shares in the company, valued at $946,580. This trade represents a 9.59% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.24% of the company’s stock.

Applied Materials Profile

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