Mirabella Financial Services LLP Sells 4,654 Shares of Applied Materials, Inc. $AMAT

Mirabella Financial Services LLP lowered its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 13.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,892 shares of the manufacturing equipment provider’s stock after selling 4,654 shares during the period. Mirabella Financial Services LLP’s holdings in Applied Materials were worth $6,111,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in Applied Materials by 28.0% in the fourth quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock worth $2,061,000 after buying an additional 2,771 shares during the period. Sivia Capital Partners LLC boosted its position in shares of 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 valued at $590,000 after purchasing an additional 679 shares in the last quarter. Forefront Wealth Partners LLC bought a new stake in shares of Applied Materials during the second quarter valued at approximately $410,000. Schnieders Capital Management LLC. grew its stake in Applied Materials by 30.1% in the second quarter. Schnieders Capital Management LLC. now owns 15,003 shares of the manufacturing equipment provider’s stock worth $2,747,000 after purchasing an additional 3,469 shares during the period. Finally, Empower Advisory Group LLC grew its stake in Applied Materials by 8.3% in the second quarter. Empower Advisory Group LLC now owns 5,962 shares of the manufacturing equipment provider’s stock worth $1,091,000 after purchasing an additional 456 shares during the period. 80.56% of the stock is currently owned by institutional investors.

Applied Materials Stock Performance

Shares of AMAT stock opened at $346.18 on Tuesday. The company has a quick ratio of 1.94, a current ratio of 2.71 and a debt-to-equity ratio of 0.30. The company has a 50 day moving average price of $335.72 and a 200-day moving average price of $264.45. Applied Materials, Inc. has a 52 week low of $123.74 and a 52 week high of $395.95. The firm has a market capitalization of $274.73 billion, a PE ratio of 35.43, a P/E/G ratio of 1.54 and a beta of 1.65.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings data on Thursday, February 12th. The manufacturing equipment provider reported $2.38 earnings per share for the quarter, beating analysts’ consensus estimates of $2.21 by $0.17. Applied Materials had a net margin of 27.78% and a return on equity of 37.52%. The company had revenue of $7.01 billion for the quarter, compared to the consensus estimate of $6.88 billion. During the same quarter in the prior year, the firm earned $2.38 earnings per share. The firm’s revenue for the quarter 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. As a group, equities research analysts expect that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Thursday, May 21st will be paid a dividend of $0.53 per share. The ex-dividend date is Thursday, May 21st. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.6%. This is an increase from Applied Materials’s previous quarterly dividend of $0.46. Applied Materials’s dividend payout ratio is presently 18.83%.

Insider Transactions at Applied Materials

In other news, CFO Brice Hill sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $361.21, for a total transaction of $1,806,050.00. Following the completion of the transaction, the chief financial officer owned 138,565 shares in the company, valued at $50,051,063.65. This trade represents a 3.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Adam Sanders sold 534 shares of Applied Materials 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 transaction, the chief accounting officer directly owned 4,625 shares of the company’s stock, valued at $1,753,615. The trade was a 10.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 12,003 shares of company stock worth $4,484,189 in the last quarter. Company insiders own 0.30% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on AMAT shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $450.00 price objective on shares of Applied Materials in a research report on Friday, February 13th. Stifel Nicolaus increased their price target on shares of Applied Materials from $340.00 to $450.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Royal Bank Of Canada set a $430.00 price target on shares of Applied Materials in a research report on Friday, February 13th. Citigroup boosted their price objective on shares of Applied Materials from $400.00 to $420.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Finally, TD Cowen upped their price target on Applied Materials from $315.00 to $450.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $363.46.

About Applied Materials

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.