1,345 Applied Materials, Inc. $AMAT Shares Sold by Tectonic Advisors LLC

Tectonic Advisors LLC trimmed its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 20.9% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 5,093 shares of the manufacturing equipment provider’s stock after selling 1,345 shares during the period. Tectonic Advisors LLC’s holdings in Applied Materials were worth $2,604,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Harborfront Financial Group LLC bought a new position in Applied Materials in the 2nd quarter valued at approximately $27,000. Orion Capital Management LLC purchased a new stake in Applied Materials during the 2nd quarter valued at $33,000. Highland Investment Advisors LLC bought a new stake in shares of Applied Materials in the 2nd quarter worth $33,000. BOK Financial Private Wealth Inc. bought a new stake in shares of Applied Materials in the 2nd quarter worth $41,000. Finally, Curry Webb Wealth Management LLC purchased a new position in shares of Applied Materials in the third quarter worth $30,000. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Applied Materials

In other Applied Materials news, CAO Adam Sanders sold 725 shares of the business’s stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $544.56, for a total transaction of $394,806.00. Following the completion of the sale, the chief accounting officer directly owned 3,181 shares in the company, valued at $1,732,245.36. The trade was a 18.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, 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 sale, the chief financial officer directly owned 128,613 shares of the company’s stock, valued at $61,637,780.25. The trade was a 5.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 9,225 shares of company stock valued at $4,454,181. 0.30% of the stock is owned by company insiders.

Applied Materials News Roundup

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

• Positive Sentiment: Strategic investment expands AI and materials exposure. Applied Ventures, Applied Materials’ venture-capital arm, invested in Albert Invent, an AI platform for chemical and materials research. The deal could strengthen Applied’s exposure to software-enabled materials discovery and support longer-term innovation. Albert Invent Welcomes Applied Ventures as Investor
• Positive Sentiment: Analyst estimate revision was modestly favorable. Erste Group raised its FY2027 EPS forecast to $18.67 from $18.59, although it maintained a “Hold” rating. The increase suggests some confidence in Applied Materials’ longer-term earnings outlook. Erste Group estimate update
• Positive Sentiment: AI-related semiconductor investment remains a growth catalyst. Advanced logic, DRAM and advanced-packaging spending is supporting the company’s Semiconductor Systems business, with potential benefits to revenue growth and margins. Can Semiconductor Systems Drive AMAT’s Next Growth Phase?
• Neutral Sentiment: ETF demand provided a technical-support signal. Reports indicated approximately $102.1 million of net ETF buying in Applied Materials, suggesting continued institutional interest, though ETF flows do not necessarily change the company’s fundamentals. Applied Materials Sees $102.1 Million in Net ETF Buying
• Neutral Sentiment: Fiscal 2026 results are scheduled for November 12. The upcoming earnings report will be an important catalyst for assessing demand, margins and management’s outlook. Applied Materials to Report Fourth-Quarter Results
• Negative Sentiment: Lam Research’s outlook pressured the entire equipment group. Lam’s comments that its outlook would be only “a bit higher,” alongside supply constraints, triggered concerns that growth may not accelerate as quickly as expected. Applied Materials and other chip-equipment stocks declined in sympathy. Applied Materials Sinks on Lam’s Outlook
• Negative Sentiment: Relative analysis favors Lam Research. Analysts cited stronger memory growth and customer-support momentum at Lam, giving it an edge over Applied Materials in the wafer-fabrication-equipment market and potentially limiting AMAT’s near-term appeal. AMAT vs. LRCX: Which Stock Has an Edge?

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. William Blair began coverage on Applied Materials in a report on Tuesday, August 11th. They set a “market perform” rating on the stock. The Goldman Sachs Group lifted their price objective on Applied Materials from $645.00 to $670.00 and gave the stock a “buy” rating in a report on Friday, August 14th. Weiss Ratings downgraded Applied Materials from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, September 9th. UBS Group upped their target price on shares of Applied Materials from $675.00 to $695.00 and gave the company a “buy” rating in a research note on Tuesday, September 1st. Finally, Seaport Research Partners reaffirmed a “buy” rating and set a $575.00 price target (up from $500.00) on shares of Applied Materials in a report on Friday, August 14th. Thirty equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $632.70.

Applied Materials Stock Performance

AMAT traded up $1.66 during mid-day trading on Friday, reaching $377.24. 6,908,789 shares of the company traded hands, compared to its average volume of 6,877,334. The company’s fifty day moving average price is $467.37 and its 200-day moving average price is $486.93. The stock has a market capitalization of $299.38 billion, a P/E ratio of 32.52, a P/E/G ratio of 1.04 and a beta of 1.60. The company has a quick ratio of 1.79, a current ratio of 2.42 and a debt-to-equity ratio of 0.20. Applied Materials, Inc. has a 52-week low of $203.40 and a 52-week high of $739.67.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $8.99 billion. During the same period last year, the business posted $2.48 EPS. The company’s revenue for the quarter was up 24.8% on a year-over-year basis. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. On average, sell-side analysts expect that Applied Materials, Inc. will post 12.79 EPS for the current year.

Applied Materials Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Thursday, November 19th will be issued a $0.53 dividend. The ex-dividend date of this dividend is Thursday, November 19th. This represents a $2.12 dividend on an annualized basis and a yield of 0.6%. Applied Materials’s dividend payout ratio is currently 18.28%.

About Applied Materials

Applied Materials, Inc is a technology company that supplies equipment, services and software used to manufacture semiconductors and advanced displays. Its products help customers fabricate the integrated circuits and other components used in computers, mobile devices, data centers, automobiles and a range of connected technologies.

The company’s offerings include systems for materials engineering, wafer fabrication, inspection and process control, along with equipment and services designed to improve manufacturing productivity and yield.