SVB Wealth LLC Sells 1,826 Shares of Applied Materials, Inc. $AMAT

SVB Wealth LLC lowered its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 7.5% during the 4th quarter, HoldingsChannel reports. The fund owned 22,422 shares of the manufacturing equipment provider’s stock after selling 1,826 shares during the period. SVB Wealth LLC’s holdings in Applied Materials were worth $5,762,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Highline Wealth Partners LLC boosted its stake in Applied Materials by 48.7% in the 4th quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock worth $30,000 after purchasing an additional 38 shares during the period. Joseph Group Capital Management bought a new stake in shares of Applied Materials during the fourth quarter valued at about $31,000. Marquette Asset Management LLC lifted its holdings in shares of Applied Materials by 150.0% in the third quarter. Marquette Asset Management LLC now owns 125 shares of the manufacturing equipment provider’s stock worth $26,000 after buying an additional 75 shares in the last quarter. Redmont Wealth Advisors LLC bought a new position in shares of Applied Materials in the third quarter valued at approximately $26,000. Finally, Dogwood Wealth Management LLC boosted its position in shares of Applied Materials by 52.4% in the fourth quarter. Dogwood Wealth Management LLC now owns 128 shares of the manufacturing equipment provider’s stock valued at $33,000 after acquiring an additional 44 shares during the period. 80.56% of the stock is owned by institutional investors.

Applied Materials Price Performance

Shares of NASDAQ:AMAT opened at $435.18 on Monday. The company’s fifty day moving average price is $371.10 and its 200-day moving average price is $311.19. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.71 and a quick ratio of 1.94. The firm has a market capitalization of $345.36 billion, a price-to-earnings ratio of 44.54, a PEG ratio of 1.94 and a beta of 1.66. Applied Materials, Inc. has a one year low of $153.47 and a one year high of $438.04.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings data on Thursday, February 12th. The manufacturing equipment provider reported $2.38 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate of $6.88 billion. During the same period in the previous year, the firm posted $2.38 EPS. The firm’s 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, equities research analysts anticipate that Applied Materials, Inc. will post 11.14 earnings per share for the current fiscal 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. This represents a $2.12 annualized dividend and a yield of 0.5%. This is an increase from Applied Materials’s previous quarterly dividend of $0.46. The ex-dividend date of this dividend is Thursday, May 21st. Applied Materials’s dividend payout ratio is presently 21.70%.

Insider Transactions at Applied Materials

In other news, CAO Adam Sanders sold 534 shares of the stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $379.16, for a total transaction of $202,471.44. Following the transaction, the chief accounting officer directly owned 4,625 shares in the company, valued at approximately $1,753,615. This represents a 10.35% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Brice Hill sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $361.21, for a total value of $1,806,050.00. Following the transaction, the chief financial officer directly owned 138,565 shares in the company, valued at approximately $50,051,063.65. This represents a 3.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 12,003 shares of company stock worth $4,484,189. 0.30% of the stock is currently owned by corporate insiders.

Key Applied Materials News

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

• Positive Sentiment: Seaport Research initiated coverage with a Buy rating and a $500 price target, calling Applied Materials a key beneficiary of AI semiconductor spending. Seaport Research Initiates Coverage of Applied Materials (AMAT) with Buy
• Positive Sentiment: Analysts at Erste Group raised FY2027 earnings estimates, reinforcing expectations for long-term earnings growth. BofA Remains Bullish on Applied Materials (AMAT)
• Positive Sentiment: Wall Street commentary suggests Applied Materials could post an earnings beat in its upcoming report, which is keeping sentiment constructive. Applied Materials (AMAT) Reports Next Week: Wall Street Expects Earnings Growth
• Neutral Sentiment: Recent articles note the stock had fallen more than the broader market in the prior session, but those moves appear secondary to the stronger analyst-driven optimism. Here’s Why Applied Materials (AMAT) Fell More Than Broader Market

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $470.00 target price on shares of Applied Materials in a report on Friday, February 13th. Susquehanna raised their price target on shares of Applied Materials from $435.00 to $500.00 and gave the company a “positive” rating in a report on Thursday, April 9th. Royal Bank Of Canada set a $430.00 price target on shares of Applied Materials in a research report on Friday, February 13th. HSBC began coverage on shares of Applied Materials in a report on Friday. They issued a “buy” rating and a $517.00 price target on the stock. Finally, Stifel Nicolaus lifted their price objective on Applied Materials from $340.00 to $450.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Twenty-eight analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $375.90.

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.