Triasima Portfolio Management inc. Acquires 3,079 Shares of Applied Materials, Inc. $AMAT

Triasima Portfolio Management inc. boosted its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 195.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,656 shares of the manufacturing equipment provider’s stock after purchasing an additional 3,079 shares during the period. Triasima Portfolio Management inc.’s holdings in Applied Materials were worth $2,381,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Assenagon Asset Management S.A. grew its position in shares of Applied Materials by 141.2% during the 3rd quarter. Assenagon Asset Management S.A. now owns 1,283,410 shares of the manufacturing equipment provider’s stock valued at $656,310,000 after acquiring an additional 751,400 shares during the period. WealthPLAN Partners LLC increased its stake in shares of Applied Materials by 40.3% during the 3rd quarter. WealthPLAN Partners LLC now owns 3,813 shares of the manufacturing equipment provider’s stock worth $1,950,000 after purchasing an additional 1,095 shares during the last quarter. RDA Financial Network increased its stake in shares of Applied Materials by 18.5% during the 3rd quarter. RDA Financial Network now owns 629 shares of the manufacturing equipment provider’s stock worth $322,000 after purchasing an additional 98 shares during the last quarter. Ninety One UK Ltd raised its holdings in shares of Applied Materials by 923.9% in the 3rd quarter. Ninety One UK Ltd now owns 1,628 shares of the manufacturing equipment provider’s stock worth $833,000 after purchasing an additional 1,469 shares during the period. Finally, Summit Financial Wealth Advisors LLC raised its holdings in shares of Applied Materials by 19.9% in the 3rd quarter. Summit Financial Wealth Advisors LLC now owns 855 shares of the manufacturing equipment provider’s stock worth $437,000 after purchasing an additional 142 shares during the period. Institutional investors own 80.56% of the company’s stock.

Applied Materials News Summary

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

• Positive Sentiment: Applied Materials unveiled its approximately $5 billion EPIC Center in Sunnyvale, California, described as the world’s largest semiconductor equipment and process-technology research facility. The center, supported by companies including Intel, Micron, SK hynix, and Samsung, is intended to accelerate chip development and strengthen AMAT’s long-term position in advanced manufacturing. Applied Materials opens $5B semiconductor innovation center
• Positive Sentiment: Royal Bank of Canada reaffirmed an Outperform rating and set a $600 price target. Other coverage highlights AMAT’s fifth consecutive earnings beat, improving earnings estimates, and what analysts view as attractive upside after the stock’s recent decline. Applied Materials could nearly double within 12 months
• Positive Sentiment: AMAT is being cited as a growth-at-a-reasonable-price semiconductor stock, supported by its broad wafer-fabrication equipment portfolio and expected benefits from expanding chip and AI infrastructure capacity. ASML vs. Applied Materials
• Neutral Sentiment: Analyst coverage is mixed: some firms remain bullish, while others are conflicted on the technology sector and AMAT specifically. A report also noted that 31 ETFs added AMAT shares, indicating continued institutional interest but not necessarily a near-term catalyst. Analysts conflicted on technology names
• Negative Sentiment: AMAT’s decline followed a six-session losing streak and weakness across chip stocks. Investor Day disclosures, including the company’s optical-inspection expansion and long-term targets, have not yet overcome investor concerns about near-term execution, elevated valuation, and semiconductor-sector volatility. Applied Materials drops during Investor Day

Wall Street Analysts Forecast Growth

AMAT has been the subject of a number of recent research reports. Stifel Nicolaus raised their target price on Applied Materials from $530.00 to $650.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. William Blair started coverage on Applied Materials in a research note on Tuesday, August 11th. They issued a “market perform” rating on the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $740.00 price target on shares of Applied Materials in a research report on Friday, August 14th. Morgan Stanley cut their price target on Applied Materials from $642.00 to $563.00 and set an “equal weight” rating for the company in a research note on Monday, September 28th. Finally, UBS Group increased their price target on Applied Materials from $675.00 to $695.00 and gave the stock a “buy” rating in a research note on Tuesday, September 1st. One equities research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Applied Materials has an average rating of “Moderate Buy” and a consensus price target of $637.14.

Insider Buying and Selling at Applied Materials

In other news, CFO Brice Hill sold 7,500 shares of Applied Materials stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $479.25, for a total transaction of $3,594,375.00. Following the completion of the sale, the chief financial officer owned 128,613 shares in the company, valued at approximately $61,637,780.25. This trade represents a 5.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Adam Sanders sold 725 shares of Applied Materials stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $544.56, for a total value of $394,806.00. Following the sale, the chief accounting officer owned 3,181 shares of the company’s stock, valued at approximately $1,732,245.36. This trade represents a 18.56% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 9,225 shares of company stock valued at $4,454,181 in the last 90 days. Corporate insiders own 0.30% of the company’s stock.

Applied Materials Trading Down 3.7%

Applied Materials stock opened at $430.01 on Friday. 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 fifty-two week low of $203.40 and a fifty-two week high of $739.67. The stock has a market cap of $341.26 billion, a P/E ratio of 37.07, a PEG ratio of 1.24 and a beta of 1.60. The firm’s fifty day moving average price is $483.12 and its 200-day moving average price is $485.62.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings data on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.40 by $0.10. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%. The company had revenue of $9.12 billion during the quarter, compared to analyst estimates of $8.99 billion. During the same quarter last year, the company earned $2.48 earnings per share. The firm’s quarterly 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. Equities research analysts forecast that Applied Materials, Inc. will post 12.79 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Thursday, November 19th will be issued a $0.53 dividend. The ex-dividend date of this dividend is Thursday, November 19th. This represents a $2.12 annualized dividend and a dividend yield of 0.5%. Applied Materials’s dividend payout ratio (DPR) is presently 18.28%.

About Applied Materials

Applied Materials, Inc is a global supplier of equipment, services and software used to manufacture semiconductor chips, flat-panel displays and other advanced electronic products. Its technologies help customers build and enhance materials at the nanoscale, supporting processes such as deposition, etching, inspection, metrology and packaging.

The company’s offerings include semiconductor manufacturing systems, process-control and inspection equipment, and services designed to improve the performance, productivity and longevity of production equipment.