Applied Materials, Inc. $AMAT Shares Bought by Mizuho Markets Cayman LP

Mizuho Markets Cayman LP lifted its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 1,452.8% during the third quarter, HoldingsChannel reports. The institutional investor owned 58,073 shares of the manufacturing equipment provider’s stock after purchasing an additional 54,333 shares during the period. Applied Materials comprises approximately 0.4% of Mizuho Markets Cayman LP’s portfolio, making the stock its 20th largest holding. Mizuho Markets Cayman LP’s holdings in Applied Materials were worth $11,890,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the business. Marquette Asset Management LLC lifted its holdings in Applied Materials by 150.0% in the third quarter. Marquette Asset Management LLC now owns 125 shares of the manufacturing equipment provider’s stock worth $26,000 after acquiring an additional 75 shares during the last quarter. Redmont Wealth Advisors LLC bought a new position in shares of Applied Materials during the third quarter valued at approximately $26,000. Manning & Napier Advisors LLC bought a new position in shares of Applied Materials during the third quarter valued at approximately $31,000. Financial Gravity Companies Inc. acquired a new stake in shares of Applied Materials during the 2nd quarter worth approximately $31,000. Finally, Guerra Advisors Inc bought a new stake in shares of Applied Materials in the 3rd quarter worth approximately $35,000. Institutional investors own 80.56% of the company’s stock.

Applied Materials Trading Up 1.4%

Shares of AMAT stock opened at $346.18 on Tuesday. Applied Materials, Inc. has a 1 year low of $123.74 and a 1 year high of $395.95. The firm has a market capitalization of $274.73 billion, a PE ratio of 35.43, a price-to-earnings-growth ratio of 1.54 and a beta of 1.65. The stock has a fifty day moving average of $335.72 and a two-hundred day moving average of $264.45. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.94 and a current ratio of 2.71.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings results on Thursday, February 12th. The manufacturing equipment provider reported $2.38 EPS for the quarter, beating analysts’ consensus estimates of $2.21 by $0.17. Applied Materials had a return on equity of 37.52% and a net margin of 27.78%.The company had revenue of $7.01 billion for the quarter, compared to analyst estimates of $6.88 billion. During the same period last year, the company earned $2.38 earnings per share. The company’s quarterly revenue was down 2.1% compared to the same quarter last year. Applied Materials has set its Q2 2026 guidance at 2.440-2.840 EPS. As a group, research analysts expect that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Thursday, May 21st will be given a dividend of $0.53 per share. This is a positive change from Applied Materials’s previous quarterly dividend of $0.46. The ex-dividend date is Thursday, May 21st. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.6%. Applied Materials’s payout ratio is presently 18.83%.

Analysts Set New Price Targets

A number of research analysts recently commented on AMAT shares. Susquehanna upgraded Applied Materials from a “neutral” rating to a “positive” rating and upped their price objective for the stock from $180.00 to $400.00 in a research note on Sunday, January 11th. BNP Paribas Exane upgraded Applied Materials to a “hold” rating in a research note on Monday, November 17th. Bank of America boosted their price target on shares of Applied Materials from $300.00 to $350.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. DZ Bank raised shares of Applied Materials to a “hold” rating in a report on Monday, February 16th. Finally, Morgan Stanley lifted their price objective on shares of Applied Materials from $420.00 to $432.00 and gave the company an “overweight” rating in a research report on Wednesday, February 25th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, Applied Materials currently has an average rating of “Moderate Buy” and an average price target of $363.46.

Insider Activity

In other Applied Materials news, Director Judy Bruner sold 3,969 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $377.02, for a total value of $1,496,392.38. Following the completion of the sale, the director directly owned 28,589 shares in the company, valued at $10,778,624.78. This represents a 12.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Adam Sanders sold 534 shares of the stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $379.16, for a total value of $202,471.44. Following the transaction, the chief accounting officer directly owned 4,625 shares of the company’s stock, valued at approximately $1,753,615. The trade was a 10.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 12,003 shares of company stock worth $4,484,189 over the last three months. Corporate insiders own 0.30% of the company’s stock.

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.