Markets

Applied Materials, Inc. (AMAT) stock Dividend Yield stands at 1.31%

Applied Materials, Inc. (AMAT) stock Dividend Yield stands at 1.31%

Closing price generally refers to the last price at which a stock trades during a regular trading session. 16,200,811 shares of the company traded hands, compared to its average volume of 16,870,000. Mattel, Inc. (NASDAQ:MAT) has declined 26.92% since March 12, 2017 and is downtrending. It has underperformed by 28.46% the S&P500.

Applied Materials, Inc. (NASDAQ:AMAT) now has a Weekly Volatility of 2.80% percent while its Monthly Volatility is at 3.55% percent. The fund owned 25,025 shares of the manufacturing equipment provider's stock after selling 12,169 shares during the period. It increased, as 72 investors sold MAT shares while 132 reduced holdings. Ellington Mngmt Grp Inc Limited Liability Company has invested 0.33% in Applied Materials, Inc. The stock decreased 0.13% or $0.03 during the last trading session, reaching $23.59.

Applied Materials announced that its board has approved a stock repurchase program on Wednesday, February 14th that allows the company to repurchase $6.00 billion in shares. Applied Materials, Inc. (NASDAQ:AMAT) has risen 121.40% since March 13, 2017 and is uptrending. It has outperformed by 104.70% the S&P500.

Investors sentiment decreased to 0.86 in Q3 2017. 1 analysts say it's a Hold while 0 analysts provided their expert opinion as Sell. It improved, as 40 investors sold AMAT shares while 325 reduced holdings.

A number of other institutional investors and hedge funds have also recently made changes to their positions in AMAT. The number of shares now owned by investors are 1.06 bln. Zurcher Kantonalbank (Zurich Cantonalbank) holds 480,681 shares. Commercial Bank Of New York Mellon has invested 0.2% in Applied Materials, Inc. Guardian Limited Partnership stated it has 0.01% in Applied Materials, Inc. Janus Henderson Group PLC grew its position in shares of Applied Materials by 5.7% in the 3rd quarter. Trustco Bancorp N Y owns 55,903 shares for 2.82% of their portfolio. Kames Cap Pcl holds 0.05% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). Hap Trading Limited holds 0.03% or 11,176 shares in its portfolio. 12,856 are held by Park Natl Oh. Adirondack Tru has invested 0.14% in Applied Materials, Inc. Texas-based Teacher Retirement Sys Of Texas has invested 0.19% in Applied Materials, Inc. Sg Americas Lc holds 84,773 shares or 0.04% of its portfolio. Symphony Asset reported 0.21% in Applied Materials, Inc. Eastern Savings Bank invested in 0.02% or 6,540 shares. The company was downgraded on Thursday, October 29 by Standpoint Research.

Since October 5, 2017, it had 0 insider purchases, and 5 sales for $11.95 million activity. 29,248 shares valued at $507,911 were sold by Lienhard Jerome T on Tuesday, January 23. (NASDAQ:AMAT) shares. 53,466 shares were sold by Nalamasu Omkaram, worth $2.83 million on Tuesday, January 2.




In other news, Director Thomas J. Iannotti sold 15,000 shares of Applied Materials stock in a transaction that occurred on Monday, March 12th. Larkins Thomas F sold $1.54M worth of stock. Applied Materials Inc. had 117 analyst reports since August 4, 2015 according to SRatingsIntel. The analyst recommendations from a month ago are 20 Buy, 0 Overweight, 0 Sell, 2 Hold and 0 Underweight. Therefore 100% are positive. Risk Paradigm Group LLC purchased a new position in Applied Materials during the fourth quarter valued at $110,000. (NASDAQ:AMAT) on Friday, June 10 with "Sector Perform" rating. Finally, ValuEngine raised Applied Materials from a "hold" rating to a "buy" rating in a research report on Friday, February 2nd. (NASDAQ AMAT) opened at $61.61 on Friday. The firm earned "Buy" rating on Thursday, July 13 by Jefferies. The company was maintained on Friday, August 18 by Credit Suisse. Inverness Counsel LLC NY boosted its position in shares of Applied Materials by 60.0% in the 3rd quarter. 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. As per Thursday, December 10, the company rating was downgraded by CLSA. Needham & Company LLC lifted their price objective on shares of Applied Materials to $66.00 and gave the company a positive rating in a report on Friday, November 17th.

Analysts await Applied Materials, Inc.

AMAT has been the subject of several recent research reports. They expect $1.13 earnings per share, up 43.04% or $0.34 from last year's $0.79 per share. After $1.06 actual EPS reported by Applied Materials, Inc. for the previous quarter, Wall Street now forecasts 6.60% EPS growth. (NYSE:BCE) to report earnings on April, 25. It closed at $0.0003 lastly. BCE's profit will be $599.36M for 16.76 P/E if the $0.66 EPS becomes a reality. This showed a surprise of 8.2% in the last quarter earnings. It also increased its holding in Orrstown Finl Svcs Inc (NASDAQ:ORRF) by 172,570 shares in the quarter, for a total of 173,370 shares, and has risen its stake in Capstar Finl Hldgs Inc.

Among 6 analysts covering Thermon Group Holdings (NYSE:THR), 3 have Buy rating, 0 Sell and 3 Hold. The rating was maintained by Oppenheimer with "Buy" on Tuesday, August 22. (NASDAQ:AMAT) has "Conviction Buy" rating given on Wednesday, February 3 by Goldman Sachs. As per Monday, December 18, the company rating was maintained by Jefferies. The rating was maintained by RBC Capital Markets on Monday, July 24 with "Hold". UBS maintained Applied Materials, Inc. Cowen & Co maintained the shares of AMAT in report on Wednesday, November 11 with "Outperform" rating. The company was maintained on Friday, February 9 by Barclays Capital. Moreover, Breton Hill Capital has 0.19% invested in SunTrust Banks, Inc. DA Davidson has "Buy" rating and $28 target.

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.