Trivest Advisors Ltd Purchases Shares of 48,000 Applied Materials, Inc. $AMAT

Trivest Advisors Ltd purchased a new stake in Applied Materials, Inc. (NASDAQ:AMAT) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 48,000 shares of the manufacturing equipment provider’s stock, valued at approximately $12,336,000. Applied Materials comprises approximately 0.6% of Trivest Advisors Ltd’s holdings, making the stock its 18th largest position.

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

Applied Materials Stock Down 9.7%

AMAT stock opened at $453.01 on Friday. The stock’s 50 day simple moving average is $408.94 and its 200 day simple moving average is $342.31. Applied Materials, Inc. has a fifty-two week low of $154.46 and a fifty-two week high of $510.75. 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 company has a market cap of $359.67 billion, a P/E ratio of 42.54, a price-to-earnings-growth ratio of 1.41 and a beta of 1.67.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings results 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 business had revenue of $7.91 billion for the quarter, compared to the consensus estimate of $7.68 billion. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The firm’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same period in the prior year, the business earned $2.39 EPS. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. On average, research analysts expect that Applied Materials, Inc. will post 12.02 earnings per share for the current fiscal year.

Applied Materials Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Thursday, May 21st will be paid a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 0.5%. This is a boost 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 (DPR) is currently 19.91%.

Insider Buying and Selling

In other news, CAO Adam Sanders sold 268 shares of the stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $434.22, for a total value of $116,370.96. Following the completion of the sale, the chief accounting officer directly owned 4,280 shares of the company’s stock, valued at $1,858,461.60. This represents a 5.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Prabu G. Raja sold 50,000 shares of the stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $505.28, for a total value of $25,264,000.00. Following the completion of the sale, the insider directly owned 356,642 shares of the company’s stock, valued at approximately $180,204,069.76. This trade represents a 12.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 53,896 shares of company stock valued at $27,135,121. 0.30% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

AMAT has been the topic of a number of recent analyst reports. Erste Group Bank raised Applied Materials from a “hold” rating to a “buy” rating in a research note on Monday, April 27th. TD Cowen boosted their price objective on Applied Materials from $450.00 to $525.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Morgan Stanley reissued an “equal weight” rating and issued a $502.00 price objective (up from $454.00) on shares of Applied Materials in a research note on Friday, May 15th. UBS Group boosted their price objective on Applied Materials from $480.00 to $515.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Finally, Wolfe Research upped their price target on Applied Materials from $500.00 to $550.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $470.13.

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.