Applied Materials, Inc. $AMAT Shares Sold by Forum Financial Management LP

Forum Financial Management LP lowered its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 72.5% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,936 shares of the manufacturing equipment provider’s stock after selling 7,759 shares during the quarter. Forum Financial Management LP’s holdings in Applied Materials were worth $1,003,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Capital Research Global Investors raised its position in Applied Materials by 119.8% in the fourth quarter. Capital Research Global Investors now owns 32,707,049 shares of the manufacturing equipment provider’s stock worth $8,405,458,000 after acquiring an additional 17,829,377 shares in the last quarter. Norges Bank bought a new position in shares of Applied Materials during the 4th quarter valued at about $2,858,543,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Applied Materials by 617.2% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,129,483 shares of the manufacturing equipment provider’s stock worth $1,869,170,000 after purchasing an additional 7,856,576 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of Applied Materials by 40.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 12,520,114 shares of the manufacturing equipment provider’s stock worth $2,563,376,000 after purchasing an additional 3,583,751 shares during the last quarter. Finally, Auto Owners Insurance Co raised its holdings in shares of Applied Materials by 25,824.4% in the 4th quarter. Auto Owners Insurance Co now owns 3,370,167 shares of the manufacturing equipment provider’s stock worth $86,610,000 after purchasing an additional 3,357,167 shares in the last quarter. 80.56% of the stock is owned by institutional investors and hedge funds.

Applied Materials Stock Performance

Shares of AMAT opened at $694.64 on Tuesday. The company has a 50-day moving average of $479.64 and a two-hundred day moving average of $381.14. The stock has a market cap of $551.52 billion, a price-to-earnings ratio of 65.22, a PEG ratio of 1.74 and a beta of 1.67. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.51 and a quick ratio of 1.80. Applied Materials, Inc. has a one year low of $154.46 and a one year high of $708.99.

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

Applied Materials Announces Dividend

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 given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 0.3%. The ex-dividend date is Thursday, August 20th. Applied Materials’s payout ratio is presently 19.91%.

Insider Activity at Applied Materials

In other news, SVP Timothy M. Deane sold 8,621 shares of the stock in a transaction on Monday, June 15th. The stock was sold at an average price of $590.76, for a total value of $5,092,941.96. Following the completion of the sale, the senior vice president owned 134,631 shares in the company, valued at $79,534,609.56. This represents a 6.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Omkaram Nalamasu sold 24,263 shares of the stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $593.43, for a total value of $14,398,392.09. Following the completion of the sale, the senior vice president owned 146,916 shares of the company’s stock, valued at $87,184,361.88. The trade was a 14.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 199,767 shares of company stock worth $114,104,709. Insiders own 0.30% of the company’s stock.

Trending Headlines about Applied Materials

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

• Positive Sentiment: KeyBanc turned more constructive ahead of Applied Materials’ upcoming Q3 earnings, helping fuel a surge in the stock as traders bet on strong near-term results and continued AI-related demand. Why Applied Materials Shares Are Surging Monday
• Positive Sentiment: Multiple firms raised their price targets, including KeyBanc and Bank of America, with one note lifting its target to a Street-high level and reinforcing a bullish outlook for AMAT. Bank of America Just Gave Applied Materials Stock a New Street-High Price Target
• Positive Sentiment: Applied Materials was added to the Russell Top 50 index, which could increase passive-fund ownership and broaden investor attention. Applied Materials (AMAT) Joins Russell Top 50 After Leaving Value Indexes
• Neutral Sentiment: Commentary from market strategists noted that much of the good news may already be priced in after AMAT’s strong run, raising the risk that any earnings disappointment could trigger volatility. This Analyst Sees 20% Upside For AMAT Stock – Says High Expectations Around Applied Materials’ Businesses Create Short-Term Risk
• Negative Sentiment: Some analysts cautioned that expectations are now very high after the stock’s rapid rally, which could limit upside if Applied Materials does not deliver an especially strong earnings report. Applied Materials: Equipment Market Surge Priced Into Stock Price

Wall Street Analysts Forecast Growth

AMAT has been the subject of several recent research reports. HSBC assumed coverage on shares of Applied Materials in a research note on Friday, May 8th. They set a “buy” rating and a $517.00 target price for the company. Truist Financial set a $575.00 price target on shares of Applied Materials in a research report on Thursday, May 28th. Barclays upped their price target on Applied Materials from $500.00 to $590.00 and gave the company an “overweight” rating in a report on Thursday, June 11th. KeyCorp increased their price objective on Applied Materials from $550.00 to $750.00 and gave the company an “overweight” rating in a research report on Monday. Finally, Erste Group Bank raised Applied Materials from a “hold” rating to a “buy” rating in a research note on Monday, April 27th. Twenty-seven research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $541.06.

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.