Syon Capital LLC Raises Stake in Applied Materials, Inc. $AMAT

Syon Capital LLC grew its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 9.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 13,900 shares of the manufacturing equipment provider’s stock after purchasing an additional 1,167 shares during the quarter. Syon Capital LLC’s holdings in Applied Materials were worth $3,572,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Redmont Wealth Advisors LLC bought a new stake in shares of Applied Materials during the third quarter valued at approximately $26,000. Highline Wealth Partners LLC raised its position in shares of Applied Materials by 48.7% during the fourth quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock valued at $30,000 after buying an additional 38 shares during the last quarter. Joseph Group Capital Management bought a new stake in shares of Applied Materials during the fourth quarter valued at approximately $31,000. Dogwood Wealth Management LLC raised its position in shares of Applied Materials by 52.4% during the fourth quarter. Dogwood Wealth Management LLC now owns 128 shares of the manufacturing equipment provider’s stock valued at $33,000 after buying an additional 44 shares during the last quarter. Finally, IMG Wealth Management Inc. raised its position in shares of Applied Materials by 147.2% during the fourth quarter. IMG Wealth Management Inc. now owns 131 shares of the manufacturing equipment provider’s stock valued at $34,000 after buying an additional 78 shares during the last quarter. Institutional investors own 80.56% of the company’s stock.

Analyst Upgrades and Downgrades

AMAT has been the topic of several recent analyst reports. Morgan Stanley reiterated an “equal weight” rating and set a $502.00 price objective (up from $454.00) on shares of Applied Materials in a research report on Friday, May 15th. Wells Fargo & Company lifted their price objective on shares of Applied Materials from $435.00 to $520.00 and gave the company an “overweight” rating in a research report on Friday, May 15th. HSBC initiated coverage on shares of Applied Materials in a research report on Friday, May 8th. They set a “buy” rating and a $517.00 price objective on the stock. Royal Bank Of Canada lifted their price objective on shares of Applied Materials from $500.00 to $520.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. Finally, Citigroup lifted their price objective on shares of Applied Materials from $420.00 to $520.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $470.13.

Insider Activity at Applied Materials

In other news, insider Prabu G. Raja sold 50,000 shares of the business’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $505.28, for a total transaction 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. The trade was a 12.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Adam Sanders sold 268 shares of the business’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $434.22, for a total transaction of $116,370.96. Following 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 53,896 shares of company stock valued at $27,135,121 over the last ninety days. Company insiders own 0.30% of the company’s stock.

Applied Materials Stock Down 9.7%

NASDAQ AMAT opened at $453.01 on Friday. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22. The company has a fifty day moving average of $408.94 and a two-hundred day moving average of $342.31. The firm has a market capitalization of $359.67 billion, a price-to-earnings ratio of 42.54, a PEG ratio of 1.27 and a beta of 1.67. Applied Materials, Inc. has a 52 week low of $154.46 and a 52 week high of $510.75.

Applied Materials (NASDAQ:AMAT) last issued its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.68 by $0.18. The firm had revenue of $7.91 billion during the quarter, compared to analyst estimates of $7.68 billion. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The business’s revenue was up 11.4% on a year-over-year basis. During the same period in the previous year, the firm earned $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. On average, analysts predict that Applied Materials, Inc. will post 12.02 earnings per share for the current year.

Applied Materials Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Thursday, May 21st will be paid a dividend of $0.53 per share. This is an increase from Applied Materials’s previous quarterly dividend of $0.46. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, May 21st. Applied Materials’s payout ratio is presently 19.91%.

Key Applied Materials News

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

• Positive Sentiment: Applied Materials continues to benefit from AI-related demand and a deeper push into advanced chip packaging, including its completed acquisition of ASMPT NEXX and expanded collaboration with SCREEN Semiconductor, which could support future growth in semiconductor equipment. Applied Materials Deepens AI Chip Packaging Push As Valuation Stretches
• Positive Sentiment: The company’s recent earnings results beat estimates, with stronger revenue and EPS, and management’s guidance plus recent analyst price-target increases continue to reinforce the bullish longer-term view.
• Neutral Sentiment: TipRanks noted insider trading activity in AMAT as part of a broader weekend update, adding to investor attention but not necessarily changing the fundamental outlook. Rigetti, McDonald’s, Applied Materials, GM, Rocket Lab Insiders Stir Buzz
• Negative Sentiment: Recent insider sales by CFO Brice Hill and executive Prabu G. Raja may have pressured shares, as investors often view heavy insider selling cautiously even when the company’s outlook remains solid. Applied Materials CFO Sells Stock
• Negative Sentiment: Semiconductor stocks broadly sold off after the strong jobs report and broader chip-sector weakness tied to the AVGO earnings overhang, which appears to be dragging AMAT lower with the group. Applied Materials, Lam Research, and Nova Stocks Trade Down, What You Need To Know

Applied Materials Company 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.