Redwood Investment Management LLC Has $672,000 Position in Applied Materials, Inc. $AMAT

Redwood Investment Management LLC cut its position in Applied Materials, Inc. (NASDAQ:AMAT) by 38.0% in the 1st quarter, HoldingsChannel.com reports. The firm owned 1,965 shares of the manufacturing equipment provider’s stock after selling 1,202 shares during the period. Redwood Investment Management LLC’s holdings in Applied Materials were worth $672,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Private Wealth Management Group LLC lifted its holdings in shares of Applied Materials by 4.9% during the first quarter. Private Wealth Management Group LLC now owns 531 shares of the manufacturing equipment provider’s stock worth $181,000 after buying an additional 25 shares in the last quarter. One Day In July LLC boosted its position in shares of Applied Materials by 2.4% in the first quarter. One Day In July LLC now owns 1,089 shares of the manufacturing equipment provider’s stock valued at $372,000 after acquiring an additional 26 shares during the period. Pinnacle Bancorp Inc. grew its stake in shares of Applied Materials by 1.3% in the first quarter. Pinnacle Bancorp Inc. now owns 2,082 shares of the manufacturing equipment provider’s stock valued at $712,000 after acquiring an additional 27 shares in the last quarter. Horst & Graben Wealth Management LLC increased its position in Applied Materials by 2.1% during the first quarter. Horst & Graben Wealth Management LLC now owns 1,304 shares of the manufacturing equipment provider’s stock worth $446,000 after acquiring an additional 27 shares during the period. Finally, Warther Private Wealth LLC increased its position in Applied Materials by 1.5% during the fourth quarter. Warther Private Wealth LLC now owns 1,908 shares of the manufacturing equipment provider’s stock worth $490,000 after acquiring an additional 28 shares during the period. 80.56% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. HC Wainwright set a $850.00 price objective on shares of Applied Materials in a report on Monday, June 29th. Needham & Company LLC raised their target price on shares of Applied Materials from $530.00 to $740.00 and gave the stock a “buy” rating in a report on Friday, July 10th. Wells Fargo & Company boosted their price target on Applied Materials from $715.00 to $740.00 and gave the company an “overweight” rating in a research note on Friday, June 26th. Bank of America increased their price target on Applied Materials from $540.00 to $720.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Finally, Susquehanna raised their price objective on Applied Materials from $575.00 to $900.00 and gave the stock a “positive” rating in a research note on Tuesday, June 30th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $603.23.

Applied Materials Stock Performance

Shares of Applied Materials stock opened at $518.21 on Tuesday. The company has a current ratio of 2.51, a quick ratio of 1.80 and a debt-to-equity ratio of 0.22. The company has a market cap of $411.44 billion, a PE ratio of 48.66, a price-to-earnings-growth ratio of 1.29 and a beta of 1.61. The company has a 50 day moving average of $552.58 and a 200-day moving average of $432.35. Applied Materials, Inc. has a 1-year low of $154.46 and a 1-year high of $739.67.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings data 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. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The business had revenue of $7.91 billion for the quarter, compared to analysts’ expectations of $7.68 billion. During the same period last year, the firm posted $2.39 earnings per share. The firm’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. As a group, equities research analysts forecast that Applied Materials, Inc. will post 12.14 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

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

More Applied Materials News

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

• Positive Sentiment: Applied Materials has a strong history of exceeding earnings expectations, and analysts say current earnings-estimate trends and other indicators point to a potential beat in its upcoming quarterly report. This raises expectations for continued revenue and earnings momentum. Will Applied Materials Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: The stock outperformed the broader market in the latest trading session, suggesting investors continue to favor Applied Materials despite volatility across semiconductor stocks. Applied Materials Outperforms Broader Market
• Neutral Sentiment: Applied Materials was described as having strong fundamentals, but one analyst downgraded the shares ahead of earnings. The report signals that expectations may already be elevated and that the company will need to deliver strong results or guidance to support further gains. Applied Materials Strong Fundamentals, But I’m Downgrading Ahead of Earnings
• Negative Sentiment: Semiconductor stocks faced pressure from fears that increased competition from China could challenge U.S. chip-equipment companies. The concern could weigh on Applied Materials through pricing pressure, market-share risks or restrictions affecting China-related demand. Semiconductor Stocks Sink Over Fears of Increased Competition From China

Insider Buying and Selling

In related news, Director Thomas J. Iannotti sold 9,250 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $599.77, for a total value of $5,547,872.50. Following the sale, the director directly owned 40,559 shares of the company’s stock, valued at $24,326,071.43. This trade represents a 18.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Gary E. Dickerson sold 71,727 shares of Applied Materials stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $593.75, for a total value of $42,587,906.25. Following the completion of the transaction, the chief executive officer owned 1,695,164 shares in the company, valued at approximately $1,006,503,625. This represents a 4.06% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 278,088 shares of company stock worth $169,654,805. 0.30% of the stock is owned by company insiders.

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.