A Fresh Look At Applied Materials, Inc. (NASDAQ:AMAT)

Wednesday, 15 Nov, 2017

The ratio also provides a clue to how much investors are paying for what would be left if the company went bankrupt immediately. Summit Financial Wealth Advisors LLC increased its stake in shares of Applied Materials by 0.3% in the second quarter. Raymond James Trust N.A. now owns 168,652 shares of the manufacturing equipment provider's stock worth $5,084,000 after buying an additional 3,281 shares in the last quarter. Applied Materials offers a diverse array of flexible service solutions to increase equipment uptime and factory efficiency, enabling fabs to focus on chip production, while lowering cost per wafer. Guardian Life Insurance Co. of America now owns 4,170 shares of the manufacturing equipment provider's stock worth $162,000 after purchasing an additional 29 shares during the period. Huntington National Bank boosted its position in Applied Materials by 303.8% in the second quarter. The current market cap of Applied Materials, Inc. exhibits the basic determinant of asset allocation and risk-return parameters for its stocks. The legal version of this piece can be accessed at https://www.dispatchtribunal.com/2017/11/14/first-eagle-investment-management-llc-purchases-shares-of-1877588-applied-materials-inc-amat.html. Columbus Circle Investors now owns 883,295 shares of the manufacturing equipment provider's stock worth $21,173,000 after buying an additional 70,472 shares in the last quarter.

A number of equities research analysts have weighed in on AMAT shares.

The target payout ratio for Applied Materials, Inc.is now measuring at 14.10%, outlining what size the company's dividends should be. Stifel Nicolaus reiterated a "buy" rating on shares of Applied Materials in a research report on Sunday, October 1st. DA Davidson upgraded it to "Buy" rating and $28 target in Monday, June 27 report. Three research analysts have rated the stock with a hold rating and twenty-two have given a buy rating to the company. The stock has an average rating of "Buy" and a consensus target price of $56.64. (NASDAQ:AMAT). Wells Fargo Mn has 0.05% invested in Applied Materials, Inc. (NASDAQ:AMAT) has an average volume of 10.03 Million. If you are viewing this piece on another website, it was stolen and reposted in violation of United States and worldwide copyright legislation. Its stake was valued at $368,507,000 an increase of $66,866,000 as of the end of the quarter.

Among 25 analysts covering Applied Materials Inc. The stock increased 1.19% or $0.67 during the last trading session, reaching $57.03. According to today's trading volume Applied Materials, Inc.is BELOW its 20-Day Avg. volume with the stock showing BELOW Abnormal volume in the past 150 days. Applied Materials, Inc. The firm has a market cap of $60,530.00, a PE ratio of 18.91, a P/E/G ratio of 0.90 and a beta of 1.85.

The company now has an insider ownership of 0.2 Percent and Institutional ownership of 82.3 Percent. It also demonstrates a stable dividend policy for Applied Materials, Inc. connected to the long-run, with viable earnings. The manufacturing equipment provider reported $0.86 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.84 by $0.02. Revenue, on the other hand, scored -0.26% growth from the previous quarter, coming up with $2.34 billion. Applied Materials's quarterly revenue was up 39.2% on a year-over-year basis.

Lsv Asset Management reports that it lowered its position in Applied Materials stock by 227,450 shares in the last quarter.

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 14th. Stockholders of record on Friday, November 24th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.70%. The ex-dividend date is Friday, February 17th.

The price-to-book ratio of 6.92 for Applied Materials, Inc. Sumitomo Mitsui Trust Holdings Inc. boosted its position in shares of Applied Materials by 6.4% in the third quarter. The stock was sold at an average price of $44.03, for a total value of $1,002,210.86.

In other news, VP Thomas F. Larkins sold 30,000 shares of the company's stock in a transaction that occurred on Thursday, October 5th.

Company's existing stock price is at $56.36 with a change in price of 1.59%. The disclosure for this sale can be found here.