1,246 Shares in Applied Materials, Inc. $AMAT Acquired by Entropy Technologies LP

Entropy Technologies LP bought a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,246 shares of the manufacturing equipment provider’s stock, valued at approximately $426,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in AMAT. Sustainable Insight Capital Management LLC raised its position in Applied Materials by 60.4% in the first quarter. Sustainable Insight Capital Management LLC now owns 2,390 shares of the manufacturing equipment provider’s stock worth $817,000 after acquiring an additional 900 shares during the period. Boreal Capital Management LLC purchased a new stake in shares of Applied Materials in the 1st quarter worth $122,000. Gabelli Funds LLC increased its stake in shares of Applied Materials by 2.3% in the 1st quarter. Gabelli Funds LLC now owns 72,300 shares of the manufacturing equipment provider’s stock worth $24,711,000 after purchasing an additional 1,650 shares in the last quarter. Gamco Investors INC. ET AL raised its holdings in Applied Materials by 3.6% in the 1st quarter. Gamco Investors INC. ET AL now owns 21,227 shares of the manufacturing equipment provider’s stock worth $7,255,000 after purchasing an additional 746 shares during the period. Finally, Hilltop Holdings Inc. lifted its position in Applied Materials by 153.5% during the first quarter. Hilltop Holdings Inc. now owns 2,527 shares of the manufacturing equipment provider’s stock valued at $864,000 after purchasing an additional 1,530 shares in the last quarter. 80.56% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

AMAT has been the subject of a number of analyst reports. Susquehanna upped their price target on Applied Materials from $575.00 to $900.00 and gave the stock a “positive” rating in a research report on Tuesday, June 30th. Royal Bank Of Canada boosted their price objective on Applied Materials from $500.00 to $520.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. Sanford C. Bernstein reissued an “outperform” rating and issued a $525.00 target price on shares of Applied Materials in a report on Friday, May 15th. Truist Financial set a $575.00 target price on shares of Applied Materials in a research note on Thursday, May 28th. Finally, Bank of America upped their price target on shares of Applied Materials from $540.00 to $720.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $599.19.

Trending Headlines about Applied Materials

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

• Positive Sentiment: Chip stocks led a technology-sector rally, improving sentiment toward Applied Materials and other semiconductor-equipment makers. The move reflects renewed investor appetite for AI-related hardware and infrastructure exposure. Chip Stocks Boost Tech-Led Rebound Rally at Software’s Expense
• Positive Sentiment: Applied Materials’ participation in the AI Materials Foundry could strengthen long-term demand expectations for its wafer-fabrication equipment. The company’s recent earnings beat, including higher-than-expected revenue and earnings, provides additional fundamental support. Applied Materials Stock May Not Be a Bargain Despite AI Materials Foundry News
• Neutral Sentiment: Heavy online searches for AMAT indicate elevated investor attention, but the article offers no new fundamental development or change to the company’s outlook. Investors Heavily Search Applied Materials
• Negative Sentiment: Despite its pullback, AMAT may not be a clear bargain after a multiyear gain, potentially limiting upside unless AI-driven demand accelerates enough to justify its valuation.
• Negative Sentiment: Broader semiconductor shares have faced concerns about stronger Chinese competition and whether AI-related demand can remain sustainable. Weakness and growth concerns at peer KLA add to caution around semiconductor-equipment stocks. Semiconductor Stocks Trade Down

Applied Materials Trading Up 15.0%

AMAT stock opened at $501.77 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.51 and a quick ratio of 1.80. Applied Materials, Inc. has a 1-year low of $154.46 and a 1-year high of $739.67. The business has a 50 day simple moving average of $549.35 and a two-hundred day simple moving average of $429.43. The company has a market capitalization of $398.39 billion, a price-to-earnings ratio of 47.11, a PEG ratio of 1.11 and a beta of 1.57.

Applied Materials (NASDAQ:AMAT) last released its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, topping the consensus estimate of $2.68 by $0.18. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. 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 firm earned $2.39 earnings per share. The company’s quarterly revenue 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. Research analysts anticipate that Applied Materials, Inc. will post 12.14 EPS for the current fiscal year.

Applied Materials Dividend Announcement

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

Insider Activity

In other news, SVP Omkaram Nalamasu sold 24,263 shares of Applied Materials stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $593.43, for a total value of $14,398,392.09. Following the sale, the senior vice president directly owned 146,916 shares of the company’s stock, valued at approximately $87,184,361.88. The trade was a 14.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Thomas J. Iannotti sold 9,250 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $599.77, for a total value of $5,547,872.50. Following the transaction, the director owned 40,559 shares of the company’s stock, valued at $24,326,071.43. This represents a 18.57% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 278,088 shares of company stock valued at $169,654,805. 0.30% of the stock is owned by corporate insiders.

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.