Talon Private Wealth LLC Buys Shares of 16,417 Applied Materials, Inc. $AMAT

Talon Private Wealth LLC purchased a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 16,417 shares of the manufacturing equipment provider’s stock, valued at approximately $5,612,000. Applied Materials comprises about 0.7% of Talon Private Wealth LLC’s portfolio, making the stock its 28th largest position.

Other hedge funds have also recently bought and sold shares of the company. Private Wealth Management Group LLC raised its holdings in shares of Applied Materials by 4.9% during the first quarter. Private Wealth Management Group LLC now owns 531 shares of the manufacturing equipment provider’s stock valued at $181,000 after buying an additional 25 shares during the last quarter. One Day In July LLC grew its holdings in Applied Materials by 2.4% in the 1st quarter. One Day In July LLC now owns 1,089 shares of the manufacturing equipment provider’s stock worth $372,000 after buying an additional 26 shares in the last quarter. Pinnacle Bancorp Inc. increased its position in Applied Materials by 1.3% in the 1st quarter. Pinnacle Bancorp Inc. now owns 2,082 shares of the manufacturing equipment provider’s stock valued at $712,000 after acquiring an additional 27 shares during the period. Horst & Graben Wealth Management LLC raised its stake in Applied Materials by 2.1% during the 1st quarter. Horst & Graben Wealth Management LLC now owns 1,304 shares of the manufacturing equipment provider’s stock valued at $446,000 after acquiring an additional 27 shares in the last quarter. Finally, Warther Private Wealth LLC boosted its position in Applied Materials by 1.5% during the 4th quarter. Warther Private Wealth LLC now owns 1,908 shares of the manufacturing equipment provider’s stock worth $490,000 after acquiring an additional 28 shares during the period. 80.56% of the stock is currently owned by institutional investors.

Applied Materials Price Performance

NASDAQ:AMAT opened at $476.46 on Wednesday. The business’s 50-day moving average price is $547.67 and its 200 day moving average price is $426.93. The firm has a market cap of $378.29 billion, a P/E ratio of 44.74, a PEG ratio of 1.31 and a beta of 1.57. Applied Materials, Inc. has a 52-week low of $154.46 and a 52-week high of $739.67. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, beating analysts’ consensus estimates of $2.68 by $0.18. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The company had revenue of $7.91 billion during the quarter, compared to the consensus estimate of $7.68 billion. During the same period in the prior year, the company earned $2.39 EPS. Applied Materials’s revenue was up 11.4% on a year-over-year basis. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. As a group, sell-side analysts predict that Applied Materials, Inc. will post 12.14 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

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

Insiders Place Their Bets

In other news, Director Thomas J. Iannotti sold 9,250 shares of the company’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $599.77, for a total value of $5,547,872.50. Following the transaction, the director owned 40,559 shares in the company, valued at $24,326,071.43. This represents a 18.57% decrease in their position. The sale 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 company’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $593.43, for a total transaction of $14,398,392.09. Following the completion of the transaction, the senior vice president owned 146,916 shares in the company, valued at approximately $87,184,361.88. This represents a 14.17% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 278,088 shares of company stock valued at $169,654,805 over the last 90 days. 0.30% of the stock is owned by corporate insiders.

More Applied Materials News

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

• Positive Sentiment: Applied Materials has benefited from AI-driven spending on advanced wafer fabrication and semiconductor manufacturing equipment. A Columbia Threadneedle investor letter highlighted the company’s exposure to long-term AI infrastructure growth. Applied Materials Rose on AI-Driven Wafer Fabrication Spending
• Positive Sentiment: Analysts continue to see potential for Applied Materials to outperform upcoming earnings expectations, supported by demand from AI, cloud computing, memory and storage customers. The company also recently exceeded consensus estimates for revenue and earnings, with revenue growth accelerating year over year.
• Positive Sentiment: Several Wall Street analysts have issued upgrades, while investors point to strong memory-chip demand as a potential catalyst. However, the stock’s elevated valuation leaves it sensitive to any slowdown in growth expectations. Applied Materials Stock Keeps Winning Upgrades
• Neutral Sentiment: Applied Materials was identified as one of several semiconductor companies with a positive earnings-prediction signal ahead of its quarterly report, but the forecast is not a guarantee of results. 3 Semiconductor Stocks Likely to Outpace Q2 Earnings Estimates
• Negative Sentiment: The broader AI-chip group has extended its selloff as investors question whether current AI infrastructure spending can be funded at its current pace. Applied Materials is being pulled lower alongside Nvidia, AMD and other semiconductor stocks. AI Chip Stocks Tumble as Nvidia, AMD Lead Market Selloff Over Spending Fears
• Negative Sentiment: Reports that China is mass-producing domestic immersion DUV lithography equipment raise concerns that local alternatives could reduce demand for U.S. chip-equipment suppliers. Export controls and geopolitical restrictions could further limit Applied Materials’ access to Chinese customers. How China’s Domestic Immersion DUV Push Has Changed Applied Materials’ Investment Story

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on AMAT shares. UBS Group raised their price target on Applied Materials from $570.00 to $705.00 and gave the company a “buy” rating in a report on Wednesday, July 15th. Citigroup upped their price objective on shares of Applied Materials from $550.00 to $710.00 and gave the stock a “buy” rating in a report on Wednesday, June 17th. Truist Financial set a $575.00 target price on shares of Applied Materials in a research report on Thursday, May 28th. Stifel Nicolaus raised their target price on shares of Applied Materials from $530.00 to $650.00 and gave the company a “buy” rating in a research note on Friday, July 10th. Finally, The Goldman Sachs Group boosted their price target on shares of Applied Materials from $390.00 to $520.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $599.19.

Applied Materials 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.