Atlantic Union Bankshares Corp boosted its holdings in Utilized Supplies, Inc. (NASDAQ:AMAT – Free Report) by 23.0% through the second quarter, based on the corporate in its most up-to-date Type 13F submitting with the Securities & Change Fee. The agency owned 12,643 shares of the manufacturing tools supplier’s inventory after buying a further 2,363 shares through the quarter. Atlantic Union Bankshares Corp’s holdings in Utilized Supplies had been price $2,315,000 on the finish of the newest quarter.
Different institutional buyers and hedge funds have additionally not too long ago added to or lowered their stakes within the firm. Shelton Wealth Administration LLC elevated its place in Utilized Supplies by 1.5% within the 2nd quarter. Shelton Wealth Administration LLC now owns 3,398 shares of the manufacturing tools supplier’s inventory valued at $622,000 after buying a further 51 shares within the final quarter. Octavia Wealth Advisors LLC boosted its place in shares of Utilized Supplies by 0.8% through the second quarter. Octavia Wealth Advisors LLC now owns 6,200 shares of the manufacturing tools supplier’s inventory price $1,135,000 after buying a further 51 shares within the final quarter. Narus Monetary Companions LLC lifted its holdings in shares of Utilized Supplies by 3.8% through the 2nd quarter. Narus Monetary Companions LLC now owns 1,433 shares of the manufacturing tools supplier’s inventory valued at $262,000 after buying a further 52 shares within the final quarter. AdvisorNet Monetary Inc raised its holdings in shares of Utilized Supplies by 2.7% through the second quarter. AdvisorNet Monetary Inc now owns 1,958 shares of the manufacturing tools supplier’s inventory price $358,000 after buying a further 52 shares through the interval. Lastly, Embody Wealth Advisors LLC grew its holdings in shares of Utilized Supplies by 3.4% through the second quarter. Embody Wealth Advisors LLC now owns 1,601 shares of the manufacturing tools supplier’s inventory price $293,000 after shopping for a further 53 shares within the final quarter. 80.56% of the inventory is at the moment owned by institutional buyers and hedge funds.
Utilized Supplies Inventory Efficiency
Shares of AMAT inventory opened at $230.07 on Friday. The corporate has a debt-to-equity ratio of 0.28, a fast ratio of 1.76 and a present ratio of two.50. The agency has a market cap of $183.28 billion, a price-to-earnings ratio of 27.42, a P/E/G ratio of two.95 and a beta of 1.84. Utilized Supplies, Inc. has a 52 week low of $123.74 and a 52 week excessive of $242.50. The agency’s 50-day easy shifting common is $205.31 and its two-hundred day easy shifting common is $183.96.
Utilized Supplies (NASDAQ:AMAT – Get Free Report) final issued its quarterly earnings outcomes on Thursday, August 14th. The manufacturing tools supplier reported $2.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.36 by $0.12. Utilized Supplies had a web margin of 23.88% and a return on fairness of 40.96%. The corporate had income of $7.30 billion through the quarter, in comparison with analyst estimates of $7.21 billion. Throughout the identical quarter final 12 months, the enterprise posted $2.12 EPS. Utilized Supplies’s quarterly income was up 7.7% in comparison with the identical quarter final 12 months. Utilized Supplies has set its This autumn 2025 steering at 1.910-2.310 EPS. As a gaggle, equities analysts forecast that Utilized Supplies, Inc. will put up 9.38 earnings per share for the present 12 months.
Utilized Supplies Dividend Announcement
The agency additionally not too long ago introduced a quarterly dividend, which shall be paid on Thursday, December eleventh. Shareholders of file on Thursday, November twentieth shall be given a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized foundation and a yield of 0.8%. The ex-dividend date is Thursday, November twentieth. Utilized Supplies’s dividend payout ratio (DPR) is at the moment 21.93%.
Wall Road Analyst Weigh In
A number of analysis analysts have weighed in on the corporate. Wolfe Analysis lowered their value goal on Utilized Supplies from $230.00 to $200.00 and set an “outperform” ranking on the inventory in a analysis report on Friday, August fifteenth. Weiss Rankings reissued a “maintain (c)” ranking on shares of Utilized Supplies in a report on Wednesday, October eighth. Financial institution of America raised Utilized Supplies from a “impartial” ranking to a “purchase” ranking and lifted their value goal for the corporate from $180.00 to $250.00 in a analysis be aware on Monday, October thirteenth. Stifel Nicolaus upped their value goal on shares of Utilized Supplies from $180.00 to $215.00 and gave the corporate a “purchase” ranking in a analysis be aware on Monday, October thirteenth. Lastly, JPMorgan Chase & Co. elevated their goal value on shares of Utilized Supplies from $210.00 to $220.00 and gave the inventory an “obese” ranking in a analysis be aware on Friday, August fifteenth. Eighteen funding analysts have rated the inventory with a Purchase ranking, twelve have issued a Maintain ranking and one has given a Promote ranking to the corporate. In accordance with knowledge from MarketBeat.com, Utilized Supplies at the moment has a median ranking of “Average Purchase” and a consensus goal value of $210.96.
Learn Our Newest Inventory Evaluation on Utilized Supplies
Utilized Supplies Firm Profile
(Free Report)
Utilized Supplies, Inc engages within the provision of producing tools, companies, and software program to the semiconductor, show, and associated industries. The corporate operates by three segments: Semiconductor Techniques, Utilized International Companies, and Show and Adjoining Markets. The Semiconductor Techniques phase develops, manufactures, and sells numerous manufacturing tools that’s used to manufacture semiconductor chips or built-in circuits.
See Additionally
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