Applied Materials, Inc. (AMAT) ended its day with the change of -1.15%

Applied Materials

(NASDAQ:AMAT). Plante Moran Finance Advsr Ltd Liability has invested 0.03% in Applied Materials, Inc. The value of the investment in (AMAT) went from $3,298,000 to $4,518,000 a change of 37.0% quarter to quarter. The institutional investor owned 3,707,456 shares of the manufacturing equipment provider's stock after selling 41,971 shares during the period.

Applied Materials noted its backlog at the end of fiscal 2017 surged 32% to $6.03 billion.

A number of other large investors also recently modified their holdings of AMAT. Messner & Smith Theme Value Investment Mgmt Limited Ca has invested 1.59% of its portfolio in Applied Materials, Inc. MPS Loria Financial Planners LLC purchased a new stake in shares of Applied Materials during the 2nd quarter valued at about $109,000. Amp Capital Investors Limited holds 0.25% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). State Board Of Administration Of Florida Retirement Sys stated it has 0.19% of its portfolio in Applied Materials, Inc. Polaris Wealth Advisers Llc sold 75,836 shares as Applied Matls Inc (AMAT)'s stock rose 23.58%. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new position in Applied Materials during the 2nd quarter worth about $134,000. The shares were sold at an average price of $51.24, for a total transaction of $1,537,200.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Alexander Karsner sold 22,762 shares of the company's stock in a transaction that occurred on Wednesday, August 23rd. (NASDAQ:AMAT) shares with value of $230,750 were sold by Forrest Stephen R. The disclosure for this sale can be found here. "(AMAT)" was posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. Interactive Brokers Group had 16 analyst reports since September 1, 2015 according to SRatingsIntel.

Among 3 analysts covering TVA Group Inc.

On October 12 Citigroup held the stock rating at "Buy" with a current price target of $58.00. Morgan Stanley reiterated an "overweight" rating on shares of Applied Materials in a research note on Thursday, September 14th. Stifel Nicolaus reaffirmed a buy rating and set a $61.00 target price (up previously from $55.00) on shares of Applied Materials in a research note on Friday, August 18th. Cowen and Company reaffirmed a "buy" rating and issued a $50.00 price target on shares of Applied Materials in a research report on Friday, July 28th. (NASDAQ:AMAT) has "Buy" rating given on Tuesday, August 11 by Summit Research. Applied Materials now has a consensus rating of "Buy" and an average target price of $57.14. Twin Tree Management Ltd Partnership has invested 0.01% in Applied Materials, Inc. (NASDAQ:AMAT) traded up $1.41 on Thursday, hitting $57.18. This works out to a net decrease in ownership of 9.23 million shares, and suggests that institutions are feeling bearish about the stock. It remained at 29.34% over last 3 months.

Shares of Williams Sonoma Inc. fell 1.7% after the retailer missed per-share earnings by a penny and announced a deal to buy a 3D imaging and augmented-reality company. 826.54 million shares or 0.80% less from 833.19 million shares in 2017Q1 were reported. The firm had revenue of $3.74 billion for the quarter, compared to analysts' expectations of $3.69 billion.

For the current quarter, Applied Materials expects to earn an adjusted 98 cents a share, up 46% year over year, on sales of $4.1 billion, up 25%. Stockholders of record on Friday, November 24th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, November 22nd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.72%. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Applied Materials, Inc. with MarketBeat.com's FREE daily email newsletter.

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