Applied Materials, Inc. $AMAT Shares Acquired by Reynders McVeigh Capital Management LLC

Reynders McVeigh Capital Management LLC lifted its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 8.2% in the second quarter, Holdings Channel.com reports. The institutional investor owned 105,987 shares of the manufacturing equipment provider’s stock after purchasing an additional 8,073 shares during the quarter. Applied Materials makes up 3.1% of Reynders McVeigh Capital Management LLC’s portfolio, making the stock its 11th largest holding. Reynders McVeigh Capital Management LLC’s holdings in Applied Materials were worth $76,629,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Cornerstone Financial Management LLC acquired a new stake in Applied Materials in the 4th quarter valued at approximately $25,000. Harborfront Financial Group LLC bought a new stake in Applied Materials in the second quarter worth about $27,000. Financial Freedom LLC acquired a new stake in Applied Materials during the first quarter valued at approximately $28,000. Orion Capital Management LLC acquired a new stake in shares of Applied Materials during the 2nd quarter valued at $33,000. Finally, Highland Investment Advisors LLC purchased a new stake in shares of Applied Materials during the second quarter valued at $33,000. 80.56% of the stock is owned by institutional investors and hedge funds.

Applied Materials Price Performance

Shares of AMAT stock traded down $3.04 during mid-day trading on Tuesday, reaching $421.17. The company’s stock had a trading volume of 5,626,247 shares, compared to its average volume of 8,040,913. The company has a market cap of $334.24 billion, a P/E ratio of 36.31, a PEG ratio of 1.27 and a beta of 1.60. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.79 and a current ratio of 2.42. Applied Materials, Inc. has a 1-year low of $171.58 and a 1-year high of $739.67. The firm’s 50-day moving average is $510.52 and its two-hundred day moving average is $464.89.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings data on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.40 by $0.10. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%.The firm had revenue of $9.12 billion during the quarter, compared to analyst estimates of $8.99 billion. During the same period in the prior year, the company posted $2.48 earnings per share. The business’s revenue for the quarter was up 24.8% compared to the same quarter last year. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. On average, research analysts predict that Applied Materials, Inc. will post 12.76 earnings per share for the current year.

Applied Materials Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Thursday, November 19th will be given a $0.53 dividend. The ex-dividend date is Thursday, November 19th. This represents a $2.12 annualized dividend and a yield of 0.5%. Applied Materials’s payout ratio is presently 18.28%.

Insider Activity at Applied Materials

In related news, CFO Brice Hill sold 7,500 shares of the company’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $479.25, for a total transaction of $3,594,375.00. Following the transaction, the chief financial officer owned 128,613 shares in the company, valued at $61,637,780.25. This represents a 5.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Judy Bruner sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $465.00, for a total transaction of $465,000.00. Following the transaction, the director owned 25,544 shares in the company, valued at $11,877,960. The trade was a 3.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 96,821 shares of company stock worth $65,944,771 in the last 90 days. Corporate insiders own 0.30% of the company’s stock.

Key Applied Materials News

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

• Positive Sentiment: Applied Materials’ Applied Global Services (AGS) business generated a record $1.78 billion in revenue. Rising demand for semiconductor-fab services is expected to support strong AGS growth through 2026 and beyond, providing a recurring-revenue tailwind. Can Applied Materials Sustain Strong AGS Growth Beyond 2026?
• Positive Sentiment: Applied Materials was included among three technology stocks identified by TipRanks analysts as “Strong Buys” with more than 60% potential upside, supporting the view that the recent weakness may offer long-term value. 3 Strong Buy Tech Stocks with 60%+ Upside
• Neutral Sentiment: Analysts are comparing Applied Materials with Qualcomm as a potential 2026 technology investment. The discussion may influence investor positioning but does not introduce a new company-specific catalyst. Applied Materials vs. Qualcomm
• Neutral Sentiment: Coverage comparing Applied Materials with Lam Research notes that both companies benefited from AI-related semiconductor capital spending, while their exposure to ASML and next-generation EUV adoption differs. This frames competitive and cycle-related risks rather than signaling an immediate earnings change. Lam Research vs. Applied Materials
• Negative Sentiment: AMAT shares decreased alongside other semiconductor-equipment stocks after Anthropic’s CEO and other prominent AI executives called for a more deliberate pace in frontier-AI development. Investors feared that slower AI-model expansion could reduce future data-center demand, chip orders and fab-equipment spending. Chip Equipment Stocks Slide as AI Pacing Call Reaches Fab Spending

Wall Street Analyst Weigh In

A number of research firms recently commented on AMAT. Jefferies Financial Group raised their price objective on shares of Applied Materials from $510.00 to $770.00 and gave the stock a “buy” rating in a research note on Friday, June 26th. Raymond James Financial set a $650.00 price target on Applied Materials in a research note on Wednesday, June 10th. Truist Financial set a $575.00 price target on Applied Materials in a report on Thursday, May 28th. Citigroup reissued a “buy” rating on shares of Applied Materials in a research note on Monday, August 3rd. Finally, KeyCorp increased their price target on shares of Applied Materials from $550.00 to $750.00 and gave the stock an “overweight” rating in a research note on Monday, June 29th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $658.45.

About Applied Materials

Applied Materials, Inc is a global provider of materials engineering solutions used to manufacture semiconductors, displays and other advanced electronic products. The company develops and supplies equipment, services and software that help customers build and improve the performance of chips and display panels.

Its semiconductor products support processes including deposition, etch, patterning, inspection, metrology and materials modification. Applied Materials also provides equipment and services for display manufacturing, including technologies used in producing liquid-crystal and organic light-emitting diode displays, as well as solutions for adjacent markets such as solar and other specialty applications.

Founded in 1967 and headquartered in Santa Clara, California, Applied Materials serves semiconductor and display manufacturers worldwide through operations, customer-support centers and research and development activities across major technology-producing regions.