13,303 Shares in Applied Materials, Inc. $AMAT Acquired by Pinnbrook Capital Management LP

Pinnbrook Capital Management LP acquired a new position in Applied Materials, Inc. (NASDAQ:AMAT) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 13,303 shares of the manufacturing equipment provider’s stock, valued at approximately $3,419,000.

A number of other large investors have also recently made changes to their positions in the business. Grandfield & Dodd LLC grew its holdings in Applied Materials by 6.9% during the third quarter. Grandfield & Dodd LLC now owns 269,511 shares of the manufacturing equipment provider’s stock valued at $55,180,000 after purchasing an additional 17,397 shares during the period. First Trust Advisors LP grew its holdings in Applied Materials by 4.9% during the third quarter. First Trust Advisors LP now owns 3,101,772 shares of the manufacturing equipment provider’s stock valued at $635,057,000 after purchasing an additional 145,050 shares during the period. Canada Post Corp Registered Pension Plan grew its holdings in Applied Materials by 82.2% during the third quarter. Canada Post Corp Registered Pension Plan now owns 26,893 shares of the manufacturing equipment provider’s stock valued at $5,512,000 after purchasing an additional 12,132 shares during the period. Elo Mutual Pension Insurance Co grew its holdings in Applied Materials by 21.8% during the third quarter. Elo Mutual Pension Insurance Co now owns 96,712 shares of the manufacturing equipment provider’s stock valued at $19,801,000 after purchasing an additional 17,288 shares during the period. Finally, Worth Asset Management LLC bought a new stake in Applied Materials during the fourth quarter valued at about $1,531,000. 80.56% of the stock is currently owned by institutional investors.

Applied Materials Stock Performance

NASDAQ AMAT opened at $427.36 on Friday. The firm has a market cap of $339.16 billion, a price-to-earnings ratio of 40.13, a price-to-earnings-growth ratio of 1.20 and a beta of 1.66. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22. The business has a 50-day moving average price of $385.47 and a 200-day moving average price of $325.31. Applied Materials, Inc. has a twelve month low of $153.47 and a twelve month high of $448.45.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, topping analysts’ consensus estimates of $2.68 by $0.18. The firm had revenue of $7.91 billion during the quarter, compared to analyst estimates of $7.68 billion. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The business’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. As a group, equities research analysts predict that Applied Materials, Inc. will post 12.02 EPS for the current fiscal year.

Applied Materials Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Thursday, May 21st will be given a $0.53 dividend. This is an increase from Applied Materials’s previous quarterly dividend of $0.46. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Thursday, May 21st. Applied Materials’s dividend payout ratio (DPR) is presently 17.28%.

Analyst Ratings Changes

Several analysts have issued reports on AMAT shares. KGI Securities raised Applied Materials to an “outperform” rating and set a $425.00 price target for the company in a report on Friday, February 13th. Sanford C. Bernstein reissued an “outperform” rating and set a $525.00 price target on shares of Applied Materials in a report on Friday, May 15th. Erste Group Bank raised Applied Materials from a “hold” rating to a “buy” rating in a report on Monday, April 27th. Citigroup boosted their price target on Applied Materials from $420.00 to $520.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Finally, JPMorgan Chase & Co. upped their price objective on Applied Materials from $400.00 to $515.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Twenty-seven equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $465.14.

Insider Transactions at Applied Materials

In related news, Director Judy Bruner sold 2,500 shares of the business’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $391.71, for a total value of $979,275.00. Following the sale, the director directly owned 26,089 shares in the company, valued at approximately $10,219,322.19. The trade was a 8.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Adam Sanders sold 534 shares of the business’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $379.16, for a total value of $202,471.44. Following the completion of the sale, the chief accounting officer owned 4,625 shares in the company, valued at $1,753,615. This represents a 10.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 7,003 shares of company stock worth $2,678,139 over the last quarter. 0.30% of the stock is owned by company insiders.

More Applied Materials News

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

• Positive Sentiment: Applied Materials announced Broadcom as an EPIC innovation partner, deepening its role in advanced packaging R&D for AI chips and systems. Applied Materials Announces Broadcom as EPIC Innovation Partner
• Positive Sentiment: Recent commentary highlighted AMAT’s strong Q1 results, including revenue and earnings beats plus upbeat guidance, reinforcing the view that AI spending is lifting semiconductor equipment demand. AMAT Q1 Deep Dive: AI Demand Drives Growth in Semiconductor Equipment and Services
• Positive Sentiment: Applied Materials was named to a Zacks Rank #1 momentum list, suggesting analysts see continued near-term strength in the stock’s trend. Best Momentum Stocks to Buy for May 20th
• Neutral Sentiment: Several articles compared AMAT favorably with peers like Lam Research, but these were mostly valuation and strategy discussions rather than new company-specific developments. Lam Research vs. Applied Materials: Which AI Chip Stock Has the Edge?
• Negative Sentiment: AMAT was mentioned among semiconductor names that fell during a broader sector sell-off tied to Samsung labor-strike concerns and TSMC-related supply-chain worries, which could create short-term pressure. MACOM, Applied Materials, and Photronics Shares Are Falling, What You Need To Know

About Applied Materials

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.