3,261 Shares in Applied Materials, Inc. $AMAT Purchased by SmartHarvest Portfolios LLC

SmartHarvest Portfolios LLC bought a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 3,261 shares of the manufacturing equipment provider’s stock, valued at approximately $838,000.

Several other institutional investors have also recently made changes to their positions in the business. Lyell Wealth Management LP grew its position in shares of Applied Materials by 18.0% during the fourth quarter. Lyell Wealth Management LP now owns 1,167 shares of the manufacturing equipment provider’s stock worth $300,000 after purchasing an additional 178 shares in the last quarter. Stirlingshire Investments Inc. purchased a new stake in shares of Applied Materials during the fourth quarter worth about $238,000. Picton Mahoney Asset Management purchased a new stake in shares of Applied Materials during the fourth quarter worth about $916,000. Vestor Capital LLC grew its position in shares of Applied Materials by 60,850.1% during the fourth quarter. Vestor Capital LLC now owns 233,439 shares of the manufacturing equipment provider’s stock worth $59,991,000 after purchasing an additional 233,056 shares in the last quarter. Finally, Hoxton Planning & Management LLC grew its position in shares of Applied Materials by 1.4% during the fourth quarter. Hoxton Planning & Management LLC now owns 2,208 shares of the manufacturing equipment provider’s stock worth $567,000 after purchasing an additional 31 shares in the last quarter. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Applied Materials Stock Performance

NASDAQ AMAT opened at $552.64 on Friday. The stock has a market capitalization of $438.77 billion, a PE ratio of 51.89, a P/E/G ratio of 1.39 and a beta of 1.67. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.51 and a quick ratio of 1.80. The business has a 50 day simple moving average of $422.95 and a two-hundred day simple moving average of $351.11. Applied Materials, Inc. has a 1-year low of $154.46 and a 1-year high of $557.62.

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

Applied Materials Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be paid a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, August 20th. Applied Materials’s payout ratio is presently 19.91%.

Applied Materials News Summary

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

• Positive Sentiment: Cantor Fitzgerald raised its price target on Applied Materials, adding to the bullish analyst backdrop and helping reinforce the stock’s upside momentum. Top 5 Strong Buy Stocks to Invest In
• Positive Sentiment: Barclays reiterated an Overweight rating on Applied Materials, citing continued investment in new chip supply and AI infrastructure demand. Applied Materials and KLA Are Surging. Why You Should Buy the Stocks, Says This Analyst.
• Positive Sentiment: Applied Materials is being highlighted as a key beneficiary of high-bandwidth memory and broader AI hardware spending, which supports long-term semiconductor equipment demand. Applied Materials (AMAT) Is One Of the Best High-Bandwidth Memory Stocks To Buy
• Positive Sentiment: The company’s new $500 million Singapore manufacturing expansion is being viewed as a strategic move to support AI chip demand and expand capacity for future growth. Applied Materials Expands Singapore Manufacturing to Support AI Chip Demand

Wall Street Analyst Weigh In

Several analysts recently issued reports on AMAT shares. Royal Bank Of Canada increased their target price on Applied Materials from $500.00 to $520.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. KeyCorp raised their price target on Applied Materials from $450.00 to $550.00 and gave the company an “overweight” rating in a report on Friday, May 15th. Truist Financial set a $575.00 price target on Applied Materials in a report on Thursday, May 28th. Jefferies Financial Group raised their price target on Applied Materials from $415.00 to $510.00 and gave the company a “buy” rating in a report on Friday, May 15th. Finally, Summit Insights upgraded Applied Materials from a “hold” rating to a “buy” rating in a report on Friday, February 13th. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $483.03.

Insider Activity

In other Applied Materials news, CAO Adam Sanders sold 268 shares of Applied Materials 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 completion of the transaction, the chief accounting officer directly owned 4,280 shares of the company’s stock, valued at $1,858,461.60. The trade was a 5.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Brice Hill sold 2,500 shares of Applied Materials stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $498.86, for a total transaction of $1,247,150.00. Following the transaction, the chief financial officer directly owned 136,113 shares of the company’s stock, valued at $67,901,331.18. The trade was a 1.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 53,896 shares of company stock valued at $27,135,121 over the last ninety days. 0.30% of the stock is owned by corporate insiders.

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.