Economy

Would You Buy Applied Materials, Inc. (NASDAQ:AMAT) On These Analyst Ratings?

State of Alaska Department of Revenue bought a fresh stake in stocks of Applied Materials in the 1st period assessed at roughly $114,000. Alliancebernstein L.P. owned about 0.20% of Applied Materials worth $90,634,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. RMB Capital Management LLC now owns 6,280 shares of the manufacturing equipment provider's stock valued at $244,000 after buying an additional 60 shares during the last quarter. Guardian Life Insurance Co. of America lifted its position in Applied Materials by 0.7% during the first quarter.

Bluemountain Capital Management Llc increased Applied Matls Inc (AMAT) stake by 731.42% reported in 2016Q4 SEC filing. Hanson McClain Inc. now owns 3,360 shares of the manufacturing equipment provider's stock worth $131,000 after purchasing an additional 139 shares during the last quarter. Finally, Honkamp Krueger Financial Services Inc. grew its position in shares of Applied Materials by 0.5% in the second quarter. Honkamp Krueger Financial Services Inc. now owns 20,921 shares of the manufacturing equipment provider's stock valued at $864,000 after purchasing an additional 97 shares in the last quarter. Investors measure stock performance on the basis of a company's earnings power. (NASDAQ:AMAT). Trillium Asset Mgmt Ltd reported 20,333 shares or 0.04% of all its holdings.

Applied Materials, Inc. has a consensus outperform rating from 23 Wall Street analysts, and the number of shares now sold short amount to at least 1.26% of shares outstanding.

Applied Materials, Inc. (AMAT) pays out an annual dividend of 0.40 per share.

08/18/2017 - Applied Materials, Inc. had its "buy" rating reiterated by analysts at Instinet.

Applied Materials, Inc. was covered by a number of analysts recently, 8 rated the stock as Buy, 12 rated Outperform, 3 rated Hold, 0 gave an Underperform and 0 rated sell. They now have a Dollars 62 price target on the stock.

In other Applied Materials news, Director Alexander Karsner sold 22,762 shares of the business's stock in a transaction that occurred on Wednesday, August 23rd. The shares price has positioned 2.80% up over the past quarter while it has directed 18.57% toward a rising position throughout past six months. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insider ownership increased by a total of 86506 shares, which suggests that AMAT's key executives are feeling more optimistic about the outlook for the stock.

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07/10/2017 - Applied Materials, Inc. had its "buy" rating reiterated by analysts at D.A. Davidson. About shares traded. Applied Materials, Inc.

The share price of the company (NASDAQ:AMAT) was up +2.77%, with a high of 45.79 during the day and the volume of Applied Materials, Inc. shares traded was 8893042.

When completing stock analysis, investors and traders may opt to review other technical levels. In current trading day Lincoln National Corporation (LNC) stock confirmed the flow of 2.10% with the final price of $67.18.

A price target is the projected price level of a financial security stated by an investment analyst. (NASDAQ AMAT) opened at 45.58 on Tuesday. The manufacturing equipment provider reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.02. Applied Materials had a net margin of 22.08% and a return on equity of 40.74%. The firm had revenue of $3.74 billion for the quarter, compared to analysts' expectations of $3.69 billion. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road. The company reported revenue of $0 in the same period previous year. Comparatively, Applied Materials, Inc. posted earnings of $0 per share in the same quarter a year ago. Shareholders of record on Friday, November 24th will be issued a $0.10 dividend. The ex-dividend date is Wednesday, November 22nd. This represents a $0.40 annualized dividend and a yield of 0.88%. Applied Materials's payout ratio is now 14.18%.



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