Delaney Dennis R Raises Stock Position in Applied Materials, Inc. $AMAT

Delaney Dennis R lifted its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 46.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,808 shares of the manufacturing equipment provider’s stock after buying an additional 3,125 shares during the quarter. Delaney Dennis R’s holdings in Applied Materials were worth $2,521,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Tradition Wealth Management LLC lifted its position in shares of Applied Materials by 3.1% during the 4th quarter. Tradition Wealth Management LLC now owns 1,031 shares of the manufacturing equipment provider’s stock worth $265,000 after buying an additional 31 shares during the last quarter. Hoxton Planning & Management LLC lifted its position in shares of Applied Materials by 1.4% during the 4th quarter. Hoxton Planning & Management LLC now owns 2,208 shares of the manufacturing equipment provider’s stock worth $567,000 after buying an additional 31 shares during the last quarter. Godsey & Gibb Inc. lifted its position in shares of Applied Materials by 2.6% during the 4th quarter. Godsey & Gibb Inc. now owns 1,298 shares of the manufacturing equipment provider’s stock worth $334,000 after buying an additional 33 shares during the last quarter. Family Capital Management Inc. raised its position in Applied Materials by 0.8% in the 4th quarter. Family Capital Management Inc. now owns 4,227 shares of the manufacturing equipment provider’s stock valued at $1,086,000 after purchasing an additional 33 shares during the last quarter. Finally, Denali Advisors LLC raised its position in Applied Materials by 0.7% in the 4th quarter. Denali Advisors LLC now owns 4,582 shares of the manufacturing equipment provider’s stock valued at $1,178,000 after purchasing an additional 34 shares during the last quarter. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Applied Materials Stock Performance

Shares of AMAT opened at $568.23 on Wednesday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.80 and a current ratio of 2.51. The stock has a market capitalization of $451.15 billion, a P/E ratio of 53.35, a P/E/G ratio of 1.63 and a beta of 1.67. The company’s fifty day moving average is $436.36 and its two-hundred day moving average is $358.14. Applied Materials, Inc. has a 1 year low of $154.46 and a 1 year high of $600.91.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.68 by $0.18. The company had revenue of $7.91 billion for the quarter, compared to analysts’ expectations of $7.68 billion. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. Applied Materials’s revenue was up 11.4% compared to the same quarter last year. During the same period in the previous year, the company posted $2.39 EPS. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. On average, sell-side analysts predict that Applied Materials, Inc. will post 12.1 earnings per share for the current year.

Applied Materials Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be paid a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, August 20th. Applied Materials’s payout ratio is currently 19.91%.

Insider Activity

In other Applied Materials news, CAO Adam Sanders sold 268 shares of the business’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $434.22, for a total value of $116,370.96. Following the transaction, the chief accounting officer directly owned 4,280 shares of the company’s stock, valued at approximately $1,858,461.60. The trade was a 5.89% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Brice Hill sold 2,500 shares of the company’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $498.86, for a total transaction of $1,247,150.00. Following the transaction, the chief financial officer directly owned 136,113 shares in the company, valued at approximately $67,901,331.18. This trade represents a 1.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 53,896 shares of company stock valued at $27,135,121. 0.30% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts recently commented on AMAT shares. Cantor Fitzgerald upped their price target on shares of Applied Materials from $575.00 to $650.00 and gave the company an “overweight” rating in a research report on Wednesday, June 10th. Erste Group Bank upgraded shares of Applied Materials from a “hold” rating to a “buy” rating in a research report on Monday, April 27th. Argus upped their price target on shares of Applied Materials from $420.00 to $500.00 and gave the company a “buy” rating in a research report on Tuesday, May 19th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Applied Materials in a research report on Friday, March 27th. Finally, HSBC started coverage on shares of Applied Materials in a research report on Friday, May 8th. They issued a “buy” rating and a $517.00 price target for the company. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, Applied Materials currently has a consensus rating of “Moderate Buy” and an average price target of $483.03.

Key Applied Materials News

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

• Positive Sentiment: Applied Materials announced a long-term joint development agreement with EssilorLuxottica to co-develop AR and AI-powered smart eyewear optics, opening a new growth angle beyond its core semiconductor equipment business. Article Title
• Positive Sentiment: The company also unveiled new deposition and selective etch systems designed to improve precision in 3D chip structures, a development aimed at boosting performance and yield for AI chips. Article Title
• Positive Sentiment: Applied Materials opened a new $500 million manufacturing facility in Singapore, signaling continued investment to expand capacity and support demand tied to AI-driven semiconductor equipment growth. Article Title
• Positive Sentiment: Barclays and Cantor Fitzgerald raised their price targets on AMAT, reinforcing bullish sentiment around wafer fab equipment spending and the company’s earnings outlook. Article Title
• Neutral Sentiment: Some commentary noted that AMAT’s valuation has become stretched after a strong rally, which may limit upside even as fundamentals remain solid. Article Title
• Negative Sentiment: One market note said AMAT slipped despite the EssilorLuxottica deal, suggesting investors may be taking profits or waiting for clearer near-term financial impact from the partnership. Article Title

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.