Applied Materials, Inc. $AMAT is Managed Asset Portfolios LLC’s 10th Largest Position

Managed Asset Portfolios LLC grew its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 58.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 138,391 shares of the manufacturing equipment provider’s stock after buying an additional 51,119 shares during the quarter. Applied Materials accounts for approximately 3.5% of Managed Asset Portfolios LLC’s holdings, making the stock its 10th largest position. Managed Asset Portfolios LLC’s holdings in Applied Materials were worth $28,334,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of AMAT. Norges Bank bought a new position in Applied Materials in the second quarter valued at about $1,604,002,000. Sanders Capital LLC purchased a new stake in shares of Applied Materials during the 2nd quarter valued at about $1,409,320,000. Alliancebernstein L.P. lifted its stake in shares of Applied Materials by 72.5% in the 2nd quarter. Alliancebernstein L.P. now owns 13,564,120 shares of the manufacturing equipment provider’s stock worth $2,483,183,000 after purchasing an additional 5,700,349 shares during the period. Pacer Advisors Inc. boosted its holdings in shares of Applied Materials by 1,704.0% in the third quarter. Pacer Advisors Inc. now owns 2,439,598 shares of the manufacturing equipment provider’s stock worth $499,483,000 after buying an additional 2,304,369 shares during the last quarter. Finally, Acadian Asset Management LLC boosted its holdings in shares of Applied Materials by 417.3% in the second quarter. Acadian Asset Management LLC now owns 1,732,015 shares of the manufacturing equipment provider’s stock worth $317,053,000 after buying an additional 1,397,217 shares during the last quarter. Institutional investors own 80.56% of the company’s stock.

Insider Activity

In other Applied Materials news, Director Judy Bruner sold 2,500 shares of Applied Materials stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $391.71, for a total value of $979,275.00. Following the sale, the director directly owned 26,089 shares in the company, valued at approximately $10,219,322.19. The trade was a 8.74% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Adam Sanders sold 534 shares of the business’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $379.16, for a total transaction of $202,471.44. Following the completion of the sale, the chief accounting officer owned 4,625 shares in the company, valued at approximately $1,753,615. The trade was a 10.35% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 12,003 shares of company stock worth $4,484,189 over the last quarter. Insiders own 0.30% of the company’s stock.

Applied Materials Trading Down 5.6%

Shares of AMAT stock opened at $351.28 on Wednesday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.94 and a current ratio of 2.71. The stock has a fifty day simple moving average of $321.39 and a two-hundred day simple moving average of $253.00. The firm has a market capitalization of $278.78 billion, a PE ratio of 35.95, a PEG ratio of 1.68 and a beta of 1.65. Applied Materials, Inc. has a 52-week low of $123.74 and a 52-week high of $395.95.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings data on Thursday, February 12th. The manufacturing equipment provider reported $2.38 earnings per share for the quarter, topping analysts’ consensus estimates of $2.21 by $0.17. Applied Materials had a return on equity of 37.52% and a net margin of 27.78%.The firm had revenue of $7.01 billion during the quarter, compared to analyst estimates of $6.88 billion. During the same quarter in the prior year, the company posted $2.38 earnings per share. The business’s quarterly revenue was down 2.1% compared to the same quarter last year. Applied Materials has set its Q2 2026 guidance at 2.440-2.840 EPS. On average, analysts predict that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Thursday, February 19th will be issued a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, February 19th. Applied Materials’s dividend payout ratio (DPR) is 18.83%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Citigroup increased their price target on shares of Applied Materials from $400.00 to $420.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Cantor Fitzgerald restated an “overweight” rating and issued a $470.00 price objective on shares of Applied Materials in a research note on Friday, February 13th. BNP Paribas Exane upgraded Applied Materials to a “hold” rating in a research report on Monday, November 17th. Sanford C. Bernstein reissued an “outperform” rating and set a $425.00 price target on shares of Applied Materials in a report on Friday, February 13th. Finally, Barclays raised their price objective on Applied Materials from $360.00 to $450.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $363.46.

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.