B. Riley Increases Earnings Estimates for Applied Materials

Applied Materials, Inc. (NASDAQ:AMAT - Free Report) - Equities researchers at B. Riley raised their Q1 2025 EPS estimates for Applied Materials in a research note issued on Thursday, November 14th. B. Riley analyst C. Ellis now forecasts that the manufacturing equipment provider will post earnings of $2.28 per share for the quarter, up from their prior estimate of $2.18. B. Riley currently has a "Buy" rating and a $280.00 target price on the stock. The consensus estimate for Applied Materials' current full-year earnings is $9.52 per share. B. Riley also issued estimates for Applied Materials' Q2 2025 earnings at $2.41 EPS, Q3 2025 earnings at $2.59 EPS, Q4 2025 earnings at $2.76 EPS, FY2025 earnings at $10.04 EPS, Q1 2026 earnings at $2.56 EPS, Q2 2026 earnings at $2.61 EPS, Q3 2026 earnings at $2.74 EPS, Q4 2026 earnings at $2.91 EPS and FY2026 earnings at $10.82 EPS.

Applied Materials (NASDAQ:AMAT - Get Free Report) last released its quarterly earnings results on Thursday, November 14th. The manufacturing equipment provider reported $2.32 EPS for the quarter, beating analysts' consensus estimates of $2.19 by $0.13. Applied Materials had a return on equity of 39.71% and a net margin of 26.41%. The firm had revenue of $7.05 billion for the quarter, compared to analyst estimates of $6.96 billion. During the same quarter in the previous year, the company posted $2.12 EPS. The business's revenue was up 4.8% on a year-over-year basis.

A number of other brokerages also recently issued reports on AMAT. Stifel Nicolaus dropped their price target on shares of Applied Materials from $270.00 to $250.00 and set a "buy" rating on the stock in a research report on Tuesday, November 12th. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $250.00 price target on shares of Applied Materials in a research report on Friday. Morgan Stanley decreased their price target on Applied Materials from $185.00 to $179.00 and set an "equal weight" rating for the company in a report on Friday. Deutsche Bank Aktiengesellschaft dropped their price objective on Applied Materials from $220.00 to $200.00 and set a "hold" rating on the stock in a research note on Friday. Finally, TD Cowen decreased their target price on Applied Materials from $250.00 to $230.00 and set a "buy" rating for the company in a research note on Friday. Eight investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $219.81.

Applied Materials Trading Up 1.1 %

AMAT stock traded up $1.85 during trading on Monday, hitting $170.73. The company had a trading volume of 8,324,610 shares, compared to its average volume of 6,147,172. The stock has a market cap of $140.75 billion, a PE ratio of 19.61, a PEG ratio of 2.07 and a beta of 1.56. The business has a 50-day moving average of $190.88 and a 200-day moving average of $206.87. The company has a current ratio of 2.86, a quick ratio of 2.09 and a debt-to-equity ratio of 0.33. Applied Materials has a one year low of $144.57 and a one year high of $255.89.

Institutional Trading of Applied Materials

Institutional investors and hedge funds have recently made changes to their positions in the company. Swedbank AB bought a new stake in Applied Materials during the first quarter worth $773,611,000. EdgePoint Investment Group Inc. increased its position in shares of Applied Materials by 341.0% during the 3rd quarter. EdgePoint Investment Group Inc. now owns 2,857,155 shares of the manufacturing equipment provider's stock valued at $577,288,000 after purchasing an additional 2,209,218 shares during the last quarter. Janus Henderson Group PLC raised its stake in shares of Applied Materials by 67.8% during the 3rd quarter. Janus Henderson Group PLC now owns 4,663,133 shares of the manufacturing equipment provider's stock worth $942,187,000 after purchasing an additional 1,884,153 shares during the period. Van ECK Associates Corp boosted its holdings in shares of Applied Materials by 29.8% in the 3rd quarter. Van ECK Associates Corp now owns 6,571,178 shares of the manufacturing equipment provider's stock worth $1,327,707,000 after buying an additional 1,509,439 shares during the last quarter. Finally, Assenagon Asset Management S.A. grew its position in Applied Materials by 262.5% during the third quarter. Assenagon Asset Management S.A. now owns 1,390,501 shares of the manufacturing equipment provider's stock valued at $280,951,000 after buying an additional 1,006,937 shares during the period. Hedge funds and other institutional investors own 80.56% of the company's stock.

Applied Materials Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Thursday, November 21st will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.94%. The ex-dividend date is Thursday, November 21st. Applied Materials's dividend payout ratio (DPR) is presently 18.58%.

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.