During the third quarter of 2018, Mn Services Vermogensbeheer B.V. liquidated an additional five percent of its holdings in Applied Materials, Inc., as stated in the most recent Form 13F filing that Applied Materials, Inc. made with the Securities and Exchange Commission. Applied Materials’ stock is traded on the NASDAQ under the AMAT (SEC) symbol. After selling 26,000 shares during the quarter, the institutional investor now has 490,762 shares of the manufacturing equipment maker’s company in their portfolio. These shares were acquired after the investor sold 26,000 shares during the previous quarter. Mn Services Vermogensbeheer B.V. disclosed ownership of approximately 0.06% of Applied Materials, which at the time had a market value of $40,208,000. This information was included in the company’s most recent statement filed with the Securities and Exchange Commission. (SEC).
Recent transactions have resulted in several additional institutional investors and hedge funds modifying the amount of AMAT stock they currently hold in their portfolios. During the first three months of 2018, Oliver Lagore Vanvalin Investment Group purchased a new interest in Applied Materials valued at approximately $25,000. The value of JFS Wealth Advisors LLC’s holdings in Applied Materials increased by 113.1% during the second quarter compared to the previous quarter’s value. JFS Wealth Advisors LLC increased its holdings in the manufacturing equipment provider’s stock during the most recent quarter by purchasing an additional 181 shares. This brings the total number of shares it currently owns to 341, with a value of $31,000 for the investment. In addition, Crewe Advisors LLC made a new investment of $34,000 in Applied Materials during the year’s second quarter, thereby opening a new stake in the company. In addition, a new investment of $32,000 in Applied Materials during the third quarter of Emfo LLC was a new investment. Last but not least, during the second quarter, Chilton Capital Management LLC bought additional shares of Applied Materials, which increased its holdings in the company by a total of $40,000. To the tune of 75.22 percent, the company’s stock is owned by institutional investors and hedge funds.
AMAT was the first stock to start trading on the NASDAQ on Friday, and the opening price was $110.20. Over the past year, Applied Materials, Inc. has seen share prices range from $71.12 to $167.06. The company’s market capitalization is currently sitting at $93.02 billion; it has a price-to-earnings ratio of 14.81, a PEG ratio of 2.22, and a beta value of 1.56. The price of one share of the company’s stock has ranged from as low as $71.12 to as high as $167.06 over the previous calendar year. The debt-to-equity ratio is 0.45, the current ratio is 2.16, and the quick ratio is 1.35. The stock’s moving average over the past 50 days is $103.64, while its moving average over the past 200 days is $96.56.
Applied Materials (NASDAQ: AMAT) disclosed the outcomes of its most recent quarterly earnings report on Thursday, November 17. The manufacturer of manufacturing equipment reported earnings of $2.03 per share for the quarter, which is $0.31 higher than the consensus estimate of $1.72 per share for the quarter’s earnings. Throughout the year, Applied Materials generated a return on equity of 56.62 percent while maintaining a net margin of 25.31 percent. It was estimated that the company’s sales for the quarter would come in at $6.44 billion. Still, they came in at $6.75 billion, which is higher than the average projection. The company earned a total of $1.94 in earnings per share during the same period the year before. The company’s quarterly revenue was up by 10.2% compared to the same period the previous year. According to sell-side analysts, Applied Materials, Inc. is expected to generate earnings of $6.83 per share during the current fiscal year.
In addition, the company just recently announced a quarterly dividend scheduled to be paid out on March 16. On Thursday, February 23, stockholders will each receive a dividend payment of $0.26 per share. This payment is scheduled to take place. This payment is going to be processed. This equates to an annual dividend payment of $1.04 and a dividend yield of 0.94% for the stock each year. The payment of the dividend is scheduled for February 22. The dividend payout ratio for Applied Materials sits at 13.98%.
Research and analytical papers on various topics have been compiled about AMAT. On November 18, Cowen released a research note on Applied Materials in which they increased their price objective for the company from $100 to $135 and categorized it as “outperform.” DA Davidson reaffirmed their “buy” rating