Applied Materials, Inc. $AMAT Shares Sold by TD Private Client Wealth LLC

TD Private Client Wealth LLC lowered its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 24.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 16,110 shares of the manufacturing equipment provider’s stock after selling 5,086 shares during the quarter. TD Private Client Wealth LLC’s holdings in Applied Materials were worth $4,140,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in AMAT. Redmont Wealth Advisors LLC acquired a new stake in shares of Applied Materials during the 3rd quarter worth approximately $26,000. Highline Wealth Partners LLC increased its holdings in shares of Applied Materials by 48.7% during the 4th quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock worth $30,000 after buying an additional 38 shares during the last quarter. Joseph Group Capital Management acquired a new stake in shares of Applied Materials during the 4th quarter worth approximately $31,000. Dogwood Wealth Management LLC increased its holdings in shares of Applied Materials by 52.4% during the 4th quarter. Dogwood Wealth Management LLC now owns 128 shares of the manufacturing equipment provider’s stock worth $33,000 after buying an additional 44 shares during the last quarter. Finally, IMG Wealth Management Inc. increased its holdings in shares of Applied Materials by 147.2% during the 4th quarter. IMG Wealth Management Inc. now owns 131 shares of the manufacturing equipment provider’s stock worth $34,000 after buying an additional 78 shares during the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Stock Performance

NASDAQ:AMAT opened at $413.57 on Tuesday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.80 and a current ratio of 2.51. The stock has a market capitalization of $328.21 billion, a P/E ratio of 38.83, a PEG ratio of 1.92 and a beta of 1.66. The company has a 50 day moving average price of $380.43 and a 200 day moving average price of $321.37. Applied Materials, Inc. has a fifty-two week low of $153.47 and a fifty-two week high of $448.45.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, topping analysts’ consensus estimates of $2.68 by $0.18. The firm had revenue of $7.91 billion during the quarter, compared to analysts’ expectations of $7.68 billion. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The firm’s quarterly revenue was up 11.4% on a year-over-year basis. During the same quarter last year, the company posted $2.39 EPS. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Equities research analysts forecast that Applied Materials, Inc. will post 11.28 EPS for the current year.

Applied Materials Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Thursday, May 21st will be given a $0.53 dividend. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $2.12 annualized dividend and a yield of 0.5%. This is a boost from Applied Materials’s previous quarterly dividend of $0.46. Applied Materials’s dividend payout ratio is 17.28%.

Insider Activity at Applied Materials

In other Applied Materials news, Director Judy Bruner sold 3,969 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $377.02, for a total value of $1,496,392.38. Following the completion of the transaction, the director owned 28,589 shares of the company’s stock, valued at $10,778,624.78. This trade represents a 12.19% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CAO Adam Sanders sold 534 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The shares were 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. This represents a 10.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 7,003 shares of company stock valued at $2,678,139 in the last three months. 0.30% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on AMAT shares. Morgan Stanley restated an “equal weight” rating and set a $502.00 price target (up from $454.00) on shares of Applied Materials in a report on Friday. Summit Insights upgraded shares of Applied Materials from a “hold” rating to a “buy” rating in a report on Friday, February 13th. Citigroup raised their price target on shares of Applied Materials from $420.00 to $520.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Stifel Nicolaus set a $530.00 price objective on shares of Applied Materials in a research report on Friday. Finally, Susquehanna increased their price objective on shares of Applied Materials from $435.00 to $500.00 and gave the stock a “positive” rating in a research report on Thursday, April 9th. Twenty-six analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $463.89.

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.