Mutual of America Capital Management LLC Decreases Holdings in Applied Materials, Inc. $AMAT

Mutual of America Capital Management LLC reduced its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 6.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 86,977 shares of the manufacturing equipment provider’s stock after selling 6,181 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Applied Materials were worth $17,808,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AMAT. Cullen Frost Bankers Inc. increased its stake in shares of Applied Materials by 1.2% in the third quarter. Cullen Frost Bankers Inc. now owns 57,538 shares of the manufacturing equipment provider’s stock worth $11,780,000 after buying an additional 703 shares during the period. Commerzbank Aktiengesellschaft FI boosted its position in Applied Materials by 12.0% during the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 31,511 shares of the manufacturing equipment provider’s stock valued at $6,452,000 after buying an additional 3,369 shares during the period. First Citizens Bank & Trust Co. grew its holdings in Applied Materials by 6.5% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 82,465 shares of the manufacturing equipment provider’s stock worth $16,884,000 after acquiring an additional 5,048 shares during the last quarter. FSB Premier Wealth Management Inc. increased its position in shares of Applied Materials by 217.1% in the third quarter. FSB Premier Wealth Management Inc. now owns 9,730 shares of the manufacturing equipment provider’s stock valued at $1,992,000 after acquiring an additional 6,662 shares during the period. Finally, Sagespring Wealth Partners LLC increased its position in shares of Applied Materials by 0.5% in the third quarter. Sagespring Wealth Partners LLC now owns 8,340 shares of the manufacturing equipment provider’s stock valued at $1,707,000 after acquiring an additional 43 shares during the period. Institutional investors own 80.56% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on AMAT shares. UBS Group upgraded shares of Applied Materials from a “neutral” rating to a “buy” rating and increased their target price for the stock from $250.00 to $285.00 in a report on Tuesday, November 25th. Needham & Company LLC upped their price target on Applied Materials from $260.00 to $390.00 and gave the company a “buy” rating in a research report on Tuesday, January 20th. Susquehanna upgraded Applied Materials from a “neutral” rating to a “positive” rating and lifted their price objective for the stock from $180.00 to $400.00 in a research report on Sunday, January 11th. The Goldman Sachs Group reissued a “buy” rating and set a $310.00 target price on shares of Applied Materials in a research note on Friday, January 9th. Finally, Evercore ISI restated an “outperform” rating and set a $290.00 target price on shares of Applied Materials in a report on Friday, November 14th. Twenty-three equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, Applied Materials presently has a consensus rating of “Moderate Buy” and a consensus price target of $294.75.

Insider Activity

In related news, SVP Teri A. Little sold 4,000 shares of the stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $238.24, for a total transaction of $952,960.00. Following the sale, the senior vice president directly owned 84,351 shares of the company’s stock, valued at approximately $20,095,782.24. This represents a 4.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Adam Sanders sold 609 shares of Applied Materials stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $255.53, for a total transaction of $155,617.77. Following the completion of the transaction, the chief accounting officer directly owned 4,413 shares of the company’s stock, valued at $1,127,653.89. This trade represents a 12.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 8,609 shares of company stock valued at $2,044,898. 0.24% of the stock is owned by insiders.

Applied Materials Price Performance

AMAT opened at $322.47 on Monday. The company has a market cap of $255.70 billion, a price-to-earnings ratio of 37.15, a price-to-earnings-growth ratio of 3.34 and a beta of 1.67. The company has a current ratio of 2.61, a quick ratio of 1.87 and a debt-to-equity ratio of 0.32. Applied Materials, Inc. has a 12-month low of $123.74 and a 12-month high of $333.03. The stock has a fifty day simple moving average of $270.76 and a two-hundred day simple moving average of $222.77.

Applied Materials (NASDAQ:AMAT) last released its earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.11 by $0.06. The firm had revenue of $6.80 billion during the quarter, compared to analyst estimates of $6.68 billion. Applied Materials had a net margin of 24.67% and a return on equity of 39.26%. The business’s revenue was down 3.5% on a year-over-year basis. During the same period last year, the business earned $2.32 earnings per share. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. Research analysts predict that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Thursday, February 19th will be issued a dividend of $0.46 per share. The ex-dividend date is Thursday, February 19th. This represents a $1.84 annualized dividend and a dividend yield of 0.6%. Applied Materials’s dividend payout ratio (DPR) is presently 21.20%.

Applied Materials News Summary

Here are the key news stories impacting Applied Materials this week:

• Positive Sentiment: Multiple brokerages raised price targets and reiterated overweight/buy views — KeyBanc bumped its target to $380 citing DRAM-driven capacity growth and vertical scaling potential; Needham raised its target to $390. KeyBanc Raises Applied Materials (AMAT) Target to $380, Keeps Overweight Rating Needham & Company LLC Increases Applied Materials Price Target to $390.00
• Positive Sentiment: Shares reached an all‑time high intraday, reflecting strong momentum and demand for semiconductor equipment exposure. Applied Materials stock hits all-time high at $332.31 USD
• Positive Sentiment: Applied’s display segment is rebounding: Zacks notes Q4 display revenue jumped ~68% with stronger OLED and advanced systems demand — a potential multi‑year growth driver beyond chips. Can AMAT Lead the Display Market With Advanced OLED and AR/VR Push?
• Neutral Sentiment: Q1 2026 earnings call set for Feb. 12 — investors will focus on revenue guidance, memory demand trends, and China exposure. Applied Materials fiscal Q1 2026 earnings conference call details (company IR)
• Neutral Sentiment: Analyst coverage is broad and bullish overall (many Buy/Overweight ratings and a wide range of targets); median target noted in some aggregation is lower than the newest highs, highlighting dispersion in expectations. Applied Materials announces earnings call (QuiverQuant summary)
• Negative Sentiment: Valuation scrutiny after the rally — several write‑ups flag that shares have run up strongly and investors should reassess forward multiples and upside. Applied Materials (AMAT) Valuation Check After Strong Recent Share Price Gains
• Negative Sentiment: China exposure and recent revenue softness remain a risk: AMAT’s revenue was down ~3.5% YoY in the last quarter, and some industry comparisons note China‑facing headwinds that could limit near‑term upside. Which Semiconductor Equipment Stock Has More Upside in 2026? (MarketBeat)
• Negative Sentiment: At least one retail‑oriented column argues there’s a reason to sell vs. rotate into an alternative, highlighting the risk of buying late in a strong run. 1 Reason to Sell AMAT and 1 Stock to Buy Instead

Applied Materials Company Profile

Applied Materials, Inc is a U.S.-based supplier of equipment, services and software used to manufacture semiconductor chips, flat panel displays and other advanced materials. Headquartered in Santa Clara, California, the company designs and sells capital equipment and related technologies that enable production of integrated circuits, display panels and materials used across the electronics supply chain.

Applied Materials’ offerings include process equipment and factory software that support critical steps in device fabrication, such as deposition, etch, implantation, inspection and metrology, as well as systems for packaging and advanced heterogeneous integration.