Applied Materials, Inc. $AMAT Stock Holdings Cut by MOR Wealth Management LLC

MOR Wealth Management LLC cut its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 53.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 1,429 shares of the manufacturing equipment provider’s stock after selling 1,611 shares during the quarter. MOR Wealth Management LLC’s holdings in Applied Materials were worth $488,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of AMAT. Cornerstone Financial Management LLC bought a new position in Applied Materials during the fourth quarter valued at about $25,000. Wilkerson Advisory Group LLC bought a new stake in Applied Materials in the fourth quarter worth about $26,000. Highline Wealth Partners LLC raised its position in Applied Materials by 48.7% in the fourth quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock worth $30,000 after acquiring an additional 38 shares in the last quarter. Joseph Group Capital Management acquired a new stake in Applied Materials in the 4th quarter valued at about $31,000. Finally, Dogwood Wealth Management LLC lifted its holdings in 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 acquiring an additional 44 shares during the last quarter. Institutional investors own 80.56% of the company’s stock.

Key Headlines Impacting Applied Materials

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

• Positive Sentiment: Applied Materials is being highlighted as a key beneficiary of AI infrastructure spending, with coverage emphasizing its role in DRAM and advanced packaging innovations that support next-generation semiconductor growth. Applied Materials, Inc. (AMAT) Discusses DRAM and Advanced Packaging Innovations for AI-Driven Semiconductor Growth Prepared Remarks Transcript
• Positive Sentiment: Investor sentiment was also supported by a Zacks list naming AMAT among the day’s top momentum stocks, reinforcing bullish technical momentum. Best Momentum Stocks to Buy for July 2nd
• Positive Sentiment: Market commentary continues to frame Applied Materials as a behind-the-scenes winner from the AI boom, which could help justify its elevated valuation if chip demand stays strong. Applied Materials Is Silently Powering the AI Boom. Here’s Why.
• Neutral Sentiment: Broader semiconductor stocks sold off as investors took profits after a strong first half, suggesting some of AMAT’s weakness may be sector-driven rather than company-specific. Why Applied Materials (AMAT) Shares Are Falling Today
• Neutral Sentiment: Another report noted AMAT fell more than the overall market in the latest session, but the move was tied to chip-sector weakness rather than a new earnings miss or guidance cut. Applied Materials (AMAT) Suffers a Larger Drop Than the General Market: Key Insights
• Negative Sentiment: CEO Gary Dickerson disclosed two sizable stock sales, including 20,000 shares sold at $735.22, which can weigh on investor sentiment even though he still retains a very large position. Applied Materials (NASDAQ:AMAT) CEO Sells $14,704,400.00 in Stock

Analysts Set New Price Targets

AMAT has been the topic of several recent research reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Applied Materials in a research note on Wednesday, June 24th. Jefferies Financial Group raised their target price on shares of Applied Materials from $510.00 to $770.00 and gave the stock a “buy” rating in a report on Friday, June 26th. Morgan Stanley restated an “equal weight” rating and issued a $502.00 price target (up from $454.00) on shares of Applied Materials in a research report on Friday, May 15th. B. Riley Financial upped their price target on Applied Materials from $550.00 to $790.00 and gave the company a “buy” rating in a report on Friday, June 26th. Finally, Truist Financial set a $575.00 price objective on Applied Materials in a research report on Thursday, May 28th. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $553.56.

Applied Materials Price Performance

AMAT stock opened at $603.04 on Friday. The company has a current ratio of 2.51, a quick ratio of 1.80 and a debt-to-equity ratio of 0.22. Applied Materials, Inc. has a one year low of $154.46 and a one year high of $739.67. The firm has a market capitalization of $478.79 billion, a PE ratio of 56.62, a P/E/G ratio of 1.81 and a beta of 1.57. The firm has a 50-day moving average of $495.52 and a two-hundred day moving average of $389.39.

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, topping the consensus estimate 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 net margin of 29.31% and a return on equity of 36.97%. The firm’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same period last year, the firm posted $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. On average, analysts forecast that Applied Materials, Inc. will post 12.11 earnings per share for the current year.

Applied Materials Dividend Announcement

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

Insider Activity

In other Applied Materials news, CEO Gary E. Dickerson sold 71,727 shares of Applied Materials stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $593.75, for a total transaction of $42,587,906.25. Following the transaction, the chief executive officer directly owned 1,695,164 shares in the company, valued at approximately $1,006,503,625. The trade was a 4.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Timothy M. Deane sold 8,621 shares of the business’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $590.76, for a total transaction of $5,092,941.96. Following the sale, the senior vice president directly owned 134,631 shares in the company, valued at approximately $79,534,609.56. This trade represents a 6.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 278,088 shares of company stock worth $169,654,805. 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.