Rakuten Securities Inc. Has $2.75 Million Stake in Applied Materials, Inc. $AMAT

Rakuten Securities Inc. raised its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 386.9% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,803 shares of the manufacturing equipment provider’s stock after purchasing an additional 3,022 shares during the period. Applied Materials makes up about 0.6% of Rakuten Securities Inc.’s portfolio, making the stock its 25th largest holding. Rakuten Securities Inc.’s holdings in Applied Materials were worth $2,750,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Brighton Jones LLC raised its position in shares of Applied Materials by 28.0% in the fourth quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock valued at $2,061,000 after buying an additional 2,771 shares in the last quarter. Sivia Capital Partners LLC grew its position in Applied Materials by 26.7% during the second quarter. Sivia Capital Partners LLC now owns 3,225 shares of the manufacturing equipment provider’s stock worth $590,000 after buying an additional 679 shares in the last quarter. Forefront Wealth Partners LLC bought a new position in Applied Materials during the 2nd quarter worth $410,000. Schnieders Capital Management LLC. increased its stake in Applied Materials by 30.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 15,003 shares of the manufacturing equipment provider’s stock worth $2,747,000 after acquiring an additional 3,469 shares during the period. Finally, Sei Investments Co. raised its holdings in Applied Materials by 59.3% in the 2nd quarter. Sei Investments Co. now owns 422,694 shares of the manufacturing equipment provider’s stock valued at $77,383,000 after acquiring an additional 157,426 shares in the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Insider Buying and Selling at Applied Materials

In other Applied Materials news, Director Thomas J. Iannotti sold 9,250 shares of the business’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $599.77, for a total transaction of $5,547,872.50. Following the sale, the director owned 40,559 shares of the company’s stock, valued at approximately $24,326,071.43. The trade was a 18.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Omkaram Nalamasu sold 24,263 shares of the company’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $593.43, for a total transaction of $14,398,392.09. Following the transaction, the senior vice president owned 146,916 shares of the company’s stock, valued at $87,184,361.88. This trade represents a 14.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 276,692 shares of company stock worth $169,030,834 over the last 90 days. 0.30% of the stock is owned by corporate insiders.

Applied Materials Price Performance

Applied Materials stock opened at $484.19 on Tuesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.79 and a current ratio of 2.42. Applied Materials, Inc. has a 52 week low of $154.46 and a 52 week high of $739.67. The stock has a market capitalization of $384.25 billion, a P/E ratio of 41.74, a price-to-earnings-growth ratio of 1.06 and a beta of 1.61. The stock has a fifty day moving average of $560.64 and a 200-day moving average of $453.08.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings data on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share for the quarter, beating the consensus estimate of $3.40 by $0.10. The business had revenue of $9.12 billion for the quarter, compared to analyst estimates of $8.99 billion. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%.Applied Materials’s revenue was up 24.8% compared to the same quarter last year. During the same period last year, the firm posted $2.48 earnings per share. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. On average, sell-side analysts expect that Applied Materials, Inc. will post 12.73 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be issued a dividend of $0.53 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.12 annualized dividend and a dividend yield of 0.4%. Applied Materials’s payout ratio is 18.28%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on AMAT shares. William Blair assumed coverage on Applied Materials in a report on Tuesday, August 11th. They set a “market perform” rating on the stock. Wall Street Zen raised Applied Materials from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Zacks Research raised shares of Applied Materials from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 1st. Wells Fargo & Company raised their target price on shares of Applied Materials from $715.00 to $740.00 and gave the company an “overweight” rating in a report on Friday, June 26th. Finally, TD Cowen restated a “buy” rating and issued a $700.00 target price on shares of Applied Materials in a research report on Friday, August 14th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $659.83.

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.