Of Delaware Acquires 8116 Shares of Applied Materials, Inc. (AMAT)

Andrew Cummings
May 19, 2017

It is negative, as 64 investors sold AMAT shares while 272 reduced holdings.

Stock research firms now have a positive stance on shares of Applied Materials, Inc. The stock rose 1.75% or $0.75 reaching $43.51 per share. FMR LLC boosted its stake in Applied Materials by 4.0% in the fourth quarter. First Interstate Bank increased its stake in Applied Materials by 2.9% in the fourth quarter. The fund owned 9,185 shares of the manufacturing equipment provider's stock after selling 393 shares during the period. First Quadrant L P CA purchased a new position in Applied Materials during the third quarter valued at $103,000.

Several large investors have recently modified their holdings of the company. Applied Materials has a 12 month low of $21.70 and a 12 month high of $45.08. The firm exchanged a volume of 20.74 million shares at hands. The firm's price-to-sales ratio was noted 1.48 in contrast with an overall industry average of 20.72.

Applied Materials (NASDAQ:AMAT) last issued its earnings results on Thursday, May 18th. The company reported the earnings of $0.67/Share in the last quarter where the estimated EPS by analysts was $0.66/share. Its revenue totaled $3.27 billion down -0.8% from the previous quarter. Applied Materials had a net margin of 15.90% and a return on equity of 28.09%. AQR Capital Management LLC now owns 17,399,598 shares of the manufacturing equipment provider's stock valued at $561,485,000 after buying an additional 3,392,749 shares during the last quarter. During the same quarter in the prior year, the company posted $0.34 EPS.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 15th. Shareholders of record on Thursday, May 25th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, May 23rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.94%.

Applied Materials (AMAT) posts a stronger-than-expected 2Q.

Let's have a look at some of the important valuation ratios of the Applied Materials, Inc.

The average true range (ATR) was fashioned to allow traders to more precisely evaluate the daily volatility of an asset by using straightforward calculations. If you are accessing this article on another domain, it was illegally copied and republished in violation of worldwide trademark & copyright law. The Company's segments are Semiconductor Systems, which includes semiconductor capital equipment for etch, rapid thermal processing, deposition, chemical mechanical planarization, metrology and inspection, wafer packaging, and ion implantation; Applied Global Services, which provides integrated solutions to optimize equipment and fab performance and productivity; Display and Adjacent Markets, which includes products for manufacturing liquid crystal displays, organic light-emitting diodes, upgrades and roll-to-roll Web coating systems and other display technologies for televisions, personal computers, smart phones and other consumer-oriented devices, and Corporate and Other segment, which includes revenues from products, as well as costs of products sold for fabricating solar photovoltaic cells and modules, and certain operating expenses.

AMAT has been the topic of a number of research reports. Zacks Investment Research raised Applied Materials from a "hold" rating to a "buy" rating and set a $40.00 price target on the stock in a research report on Friday, February 17th. Blb&B Advsrs Limited Liability Company has invested 0.04% in Applied Materials, Inc. Bank of America Corp reiterated a "buy" rating and issued a $54.00 target price (up from $45.00) on shares of Applied Materials in a research note on Wednesday.

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