Dividend Worth Mentioning Today: Dec 15, 2016 will be the day that Applied Materials, Inc. (NASDAQ:AMAT) dividends reach $0.10.

Dividend Worth Mentioning Today: Dec 15, 2016 will be the day that Applied Materials, Inc. (NASDAQ:AMAT) dividends reach $0.10.

Applied Materials, Inc. (NASDAQ:AMAT) is expected to pay $0.10 on Dec 15, 2016. The indicated annual dividend is $0.40. Shareholders owning the stock before Nov 22, 2016 will be eligible to receive the payout. Based on Applied Materials, Inc.’s current price of $30.74, the dividend is 0.33%. This dividend’s record date is Nov 25, 2016 and the announcement date is Sep 9, 2016. The stock increased 0.03% or $0.01 on November 18, hitting $30.74. Applied Materials, Inc. (NASDAQ:AMAT) has risen 45.00% since April 19, 2016 and is uptrending. It has outperformed by 41.14% the S&P500.

Applied Materials, Inc. provides manufacturing equipment, services and software to the semiconductor, display, solar photovoltaic (PV) and related industries across the world. The company has a market cap of $34.02 billion. The Firm operates in four divisions: Silicon Systems, Applied Global Services, Display, and Energy and Environmental Solutions. It has a 19.76 P/E ratio. The Company’s manufacturing activities consist of assembly, test and integration of various commercial parts, components and subassemblies that are used to manufacture systems.

Insitutional Activity: The institutional sentiment increased to 1.17 in 2016 Q2. Its up 0.13, from 1.04 in 2016Q1. The ratio increased, as 47 funds sold all Applied Materials, Inc. shares owned while 232 reduced positions. 88 funds bought stakes while 202 increased positions. They now own 848.54 million shares or 6.77% less from 910.17 million shares in 2016Q1.
Mizuho Tru & has invested 0.13% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). British Columbia Inv, a British Columbia – Canada-based fund reported 733,215 shares. Moreover, Trillium Asset Management Ltd Liability has 0.06% invested in Applied Materials, Inc. (NASDAQ:AMAT) for 38,107 shares. Jefferies Group Llc has 66,116 shares for 0.01% of their US portfolio. Blackrock Grp Limited has invested 0.11% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). Ig Mgmt last reported 330,264 shares in the company. Massmutual Fsb Adv accumulated 17,706 shares or 0% of the stock. Fincl Services Corp owns 310 shares or 0% of their US portfolio. The Maryland-based Price T Rowe Associates Md has invested 0.18% in Applied Materials, Inc. (NASDAQ:AMAT). Macquarie Ltd holds 0% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT) for 34,300 shares. The Japan-based Nippon Life Insurance has invested 0.04% in Applied Materials, Inc. (NASDAQ:AMAT). Gotham Asset Limited Liability Com holds 0.03% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT) for 111,726 shares. Affinity Advisors Ltd Liability Corporation, a California-based fund reported 263,450 shares. Westport Resource Mgmt has 33,000 shares for 0.26% of their US portfolio. Cadence Cap Management Ltd has 0.14% invested in the company for 75,814 shares.

Insider Transactions: Since May 23, 2016, the stock had 0 buys, and 5 sales for $11.74 million net activity. Iannotti Thomas J also sold $355,050 worth of Applied Materials, Inc. (NASDAQ:AMAT) on Wednesday, May 25. 40,000 shares were sold by Salehpour Ali, worth $974,800 on Friday, June 3. $3.00M worth of shares were sold by Nalamasu Omkaram on Thursday, September 1. Another trade for 229,935 shares valued at $6.83M was sold by DICKERSON GARY E. Forrest Stephen R sold 5,000 shares worth $150,000.

Applied Materials, Inc. (NASDAQ:AMAT) Ratings Coverage

Out of 22 analysts covering Applied Materials Inc. (NASDAQ:AMAT), 20 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 91% are positive. $35 is the highest target while $12 is the lowest. The $27.26 average target is -11.32% below today’s ($30.74) stock price. Applied Materials Inc. has been the topic of 65 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Thursday, August 6 by Piper Jaffray. The stock of Applied Materials, Inc. (NASDAQ:AMAT) has “Neutral” rating given on Wednesday, April 6 by DA Davidson. Morgan Stanley initiated the shares of AMAT in a report on Tuesday, December 15 with “Overweight” rating. The stock of Applied Materials, Inc. (NASDAQ:AMAT) earned “Outperform” rating by CLSA on Thursday, December 10. The firm has “Buy” rating given on Monday, August 15 by Stifel Nicolaus. The stock has “Hold” rating given by Nomura on Friday, August 14. The firm earned “Outperform” rating on Friday, May 20 by Cowen & Co. The firm has “Buy” rating given on Thursday, August 11 by B. Riley & Co. The stock of Applied Materials, Inc. (NASDAQ:AMAT) has “Buy” rating given on Monday, June 27 by DA Davidson. As per Thursday, August 13, the company rating was upgraded by Zacks.

More notable recent Applied Materials, Inc. (NASDAQ:AMAT) news were published by: Wsj.com which released: “More Boom, Less Bust for Applied Materials” on November 20, 2016, also Fortune.com with their article: “Applied Materials Shares Slide 6% On Lower-Than-Expected Sales” published on November 17, 2016, Forbes.com published: “Ex-Dividend Reminder: Perrigo Company, Evercore Partners and Applied Materials” on November 18, 2016. More interesting news about Applied Materials, Inc. (NASDAQ:AMAT) were released by: Nasdaq.com and their article: “Applied Materials (AMAT) Q4 Earnings: Surprise in Store?” published on November 15, 2016 as well as Nasdaq.com‘s news article titled: “Earnings Reaction History: Applied Materials, Inc., 66.7% Follow-Through …” with publication date: November 17, 2016.

AMAT Company Profile

Applied Materials, Inc. (Applied), incorporated on March 18, 1987, provides manufacturing equipment, services and software to the semiconductor, display, solar photovoltaic (PV) and related industries across the world. The Firm operates in four divisions: Silicon Systems, Applied Global Services, Display, and Energy and Environmental Solutions. The Company’s manufacturing activities consist of assembly, test and integration of various commercial parts, components and subassemblies that are used to manufacture systems. The Firm caters to customers, including manufacturers of semiconductor chips, liquid crystal and other displays, solar PV cells, and other electronic devices. It has implemented a distributed manufacturing model under which manufacturing and supply chain activities are conducted in various countries, including Germany, Israel, Italy, Singapore, Taiwan, the United States and other countries in Asia.

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