Compound Global Advisors LLC Buys Shares of 900 Applied Materials, Inc. (NASDAQ:AMAT)

02 Jul 2025, 09:44 by Doug Wharley · The Cerbat Gem

Compound Global Advisors LLC purchased a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT – Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 900 shares of the manufacturing equipment provider’s stock, valued at approximately $131,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. LaFleur & Godfrey LLC lifted its stake in Applied Materials by 17.2% during the fourth quarter. LaFleur & Godfrey LLC now owns 17,246 shares of the manufacturing equipment provider’s stock worth $2,805,000 after purchasing an additional 2,536 shares in the last quarter. Eagle Capital Management LLC raised its holdings 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 raised its holdings 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. SRS Capital Advisors Inc. lifted its stake in Applied Materials by 609.0% during the 4th quarter. SRS Capital Advisors Inc. now owns 2,134 shares of the manufacturing equipment provider’s stock worth $347,000 after acquiring an additional 1,833 shares in the last quarter. Finally, Jones Financial Companies Lllp boosted its holdings in Applied Materials by 59.6% during the 4th quarter. Jones Financial Companies Lllp now owns 21,267 shares of the manufacturing equipment provider’s stock valued at $3,459,000 after acquiring an additional 7,938 shares during the period. 80.56% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

AMAT has been the topic of a number of recent research reports. JPMorgan Chase & Co. cut their price target on shares of Applied Materials from $240.00 to $210.00 and set an “overweight” rating on the stock in a research note on Friday, May 16th. Wells Fargo & Company reiterated a “mixed” rating on shares of Applied Materials in a report on Friday, May 16th. Citigroup raised their price target on shares of Applied Materials from $170.00 to $190.00 and gave the company a “buy” rating in a research report on Friday, May 16th. Raymond James Financial restated an “outperform” rating and issued a $200.00 price target (down previously from $225.00) on shares of Applied Materials in a research note on Friday, May 16th. Finally, Edward Jones upgraded Applied Materials from a “hold” rating to a “buy” rating in a research note on Wednesday, March 12th. Seven investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $200.76.

Get Our Latest Stock Analysis on AMAT

Insiders Place Their Bets

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

Applied Materials Trading Up 0.4%

AMAT opened at $183.76 on Wednesday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.76 and a current ratio of 2.46. Applied Materials, Inc. has a one year low of $123.74 and a one year high of $255.89. The company has a market cap of $147.47 billion, a P/E ratio of 22.36, a PEG ratio of 2.04 and a beta of 1.69. The business’s 50-day simple moving average is $164.94 and its 200-day simple moving average is $163.46.

Applied Materials (NASDAQ:AMAT – Get Free Report) last announced its quarterly earnings results on Thursday, May 15th. The manufacturing equipment provider reported $2.39 EPS for the quarter, beating the consensus estimate of $2.31 by $0.08. The company had revenue of $7.10 billion for the quarter, compared to analyst estimates of $7.12 billion. Applied Materials had a net margin of 24.06% and a return on equity of 40.15%. The firm’s revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the firm posted $2.09 earnings per share. 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, September 11th. Investors of record on Thursday, August 21st will be paid a dividend of $0.46 per share. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $1.84 annualized dividend and a yield of 1.00%. Applied Materials’s dividend payout ratio is currently 22.38%.

Applied Materials announced that its Board of Directors has authorized a share buyback plan on Monday, March 10th that permits the company to repurchase $10.00 billion in shares. This repurchase authorization permits the manufacturing equipment provider to buy up to 8.2% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

About Applied Materials

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