Talon Private Wealth LLC Has $9.32 Million Stock Holdings in Applied Materials, Inc. $AMAT

Talon Private Wealth LLC trimmed its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 21.5% in the 2nd quarter, Holdings Channel.com reports. The fund owned 12,895 shares of the manufacturing equipment provider’s stock after selling 3,522 shares during the quarter. Applied Materials comprises about 1.1% of Talon Private Wealth LLC’s holdings, making the stock its 21st biggest position. Talon Private Wealth LLC’s holdings in Applied Materials were worth $9,323,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AMAT. Cornerstone Financial Management LLC bought a new stake in shares of Applied Materials in the 4th quarter valued at approximately $25,000. Wilkerson Advisory Group LLC bought a new position in Applied Materials during the fourth quarter valued at approximately $26,000. Harborfront Financial Group LLC acquired a new stake in Applied Materials in the second quarter valued at approximately $27,000. Financial Freedom LLC acquired a new stake in Applied Materials in the first quarter valued at approximately $28,000. Finally, Orion Capital Management LLC bought a new stake in Applied Materials in the second quarter worth approximately $33,000. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Insider Activity

In related news, CEO Gary E. Dickerson sold 20,000 shares of the stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $735.22, for a total transaction of $14,704,400.00. Following the completion of the sale, the chief executive officer owned 1,599,843 shares in the company, valued at $1,176,236,570.46. This represents a 1.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Judy Bruner sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $465.00, for a total value of $465,000.00. Following the completion of the sale, the director directly owned 25,544 shares in the company, valued at $11,877,960. This trade represents a 3.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 232,692 shares of company stock worth $146,579,059 over the last 90 days. Company insiders own 0.30% of the company’s stock.

Applied Materials News Summary

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

• Positive Sentiment: CEO Gary Dickerson said the AI boom remains durable, citing customer orders that extend years into the future. Commentary from industry peers reportedly supports continued demand for semiconductor manufacturing equipment, strengthening the growth outlook for AMAT. Applied Materials AI demand outlook
• Positive Sentiment: Applied Materials maintained its quarterly dividend at $0.53 per share, payable December 10 to shareholders of record November 19. The payment follows a 15% dividend increase announced in March and signals continued confidence in cash generation. Applied Materials dividend announcement
• Positive Sentiment: AMAT’s latest reported quarter exceeded expectations, with adjusted EPS of $3.50 versus a $3.40 consensus estimate and revenue of $9.12 billion versus $8.99 billion. Revenue increased 24.8% year over year, supporting the bullish AI and semiconductor-cycle narrative.
• Neutral Sentiment: Investor articles are comparing AMAT favorably with Intel because Applied Materials is profitable, has relatively low debt and supplies the equipment needed to build advanced chips. However, the stock’s roughly 39 price-to-earnings ratio leaves less room for execution disappointments. Applied Materials versus Intel comparison
• Neutral Sentiment: Analyst coverage remains broadly favorable, with a consensus “Moderate Buy” rating and an average target of $658.45. Nonetheless, the wide range between bullish and bearish scenarios highlights uncertainty surrounding AI demand, semiconductor cyclicality and valuation.
• Negative Sentiment: Director Judy Bruner sold 1,000 shares for approximately $465,000, reducing her holdings by 3.77%. She still retains a substantial position, so the transaction is a modest sentiment negative rather than a major change in insider conviction. SEC insider sale filing
• Negative Sentiment: Risk-focused commentary notes that AMAT tends to amplify market moves. Its beta of 1.60 and elevated valuation could make the stock vulnerable if AI spending expectations weaken or broader technology shares pull back. Applied Materials volatility analysis

Analysts Set New Price Targets

AMAT has been the topic of several analyst reports. B. Riley Financial restated a “buy” rating and set a $700.00 price target (down from $790.00) on shares of Applied Materials in a research note on Friday, August 14th. TD Cowen reiterated a “buy” rating and issued a $700.00 price objective on shares of Applied Materials in a report on Friday, August 14th. Argus set a $600.00 target price on shares of Applied Materials in a research report on Tuesday, August 18th. Susquehanna raised their target price on Applied Materials from $575.00 to $900.00 and gave the company a “positive” rating in a report on Tuesday, June 30th. Finally, KeyCorp boosted their price target on Applied Materials from $550.00 to $750.00 and gave the stock an “overweight” rating in a research report on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $658.45.

Applied Materials Stock Performance

AMAT traded up $2.48 during trading on Friday, hitting $456.49. The stock had a trading volume of 4,312,592 shares, compared to its average volume of 8,054,666. The firm has a market cap of $362.27 billion, a PE ratio of 39.35, a P/E/G ratio of 1.31 and a beta of 1.60. Applied Materials, Inc. has a 12 month low of $167.18 and a 12 month high of $739.67. The company has a current ratio of 2.42, a quick ratio of 1.79 and a debt-to-equity ratio of 0.20. The company has a 50 day simple moving average of $516.82 and a 200-day simple moving average of $463.98.

Applied Materials (NASDAQ:AMAT) last released its earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share for the quarter, topping analysts’ consensus estimates of $3.40 by $0.10. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The firm had revenue of $9.12 billion during the quarter, compared to analyst estimates of $8.99 billion. During the same quarter in the previous year, the business earned $2.48 EPS. The business’s revenue was up 24.8% on a year-over-year basis. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. Analysts expect that Applied Materials, Inc. will post 12.76 EPS for the current year.

Applied Materials Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Thursday, November 19th will be given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, November 19th. Applied Materials’s payout ratio is currently 18.28%.

Applied Materials Profile

Applied Materials, Inc is a global provider of materials engineering solutions used to manufacture semiconductors, displays and other advanced electronic products. The company develops and supplies equipment, services and software that help customers build and improve the performance of chips and display panels.

Its semiconductor products support processes including deposition, etch, patterning, inspection, metrology and materials modification. Applied Materials also provides equipment and services for display manufacturing, including technologies used in producing liquid-crystal and organic light-emitting diode displays, as well as solutions for adjacent markets such as solar and other specialty applications.

Founded in 1967 and headquartered in Santa Clara, California, Applied Materials serves semiconductor and display manufacturers worldwide through operations, customer-support centers and research and development activities across major technology-producing regions.