986,041 Shares in Applied Materials, Inc. $AMAT Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. acquired a new stake in Applied Materials, Inc. (NASDAQ:AMAT) in the 3rd quarter, HoldingsChannel reports. The fund acquired 986,041 shares of the manufacturing equipment provider’s stock, valued at approximately $504,242,000. Applied Materials makes up about 0.9% of Mirae Asset Global Investments Co. Ltd.’s investment portfolio, making the stock its 17th biggest holding.

Other large investors also recently made changes to their positions in the company. JFS Wealth Advisors LLC raised its position in Applied Materials by 4.3% during the second quarter. JFS Wealth Advisors LLC now owns 409 shares of the manufacturing equipment provider’s stock worth $296,000 after acquiring an additional 17 shares in the last quarter. Innovative Asset Advisors Group LLC lifted its stake in Applied Materials by 2.1% in the second quarter. Innovative Asset Advisors Group LLC now owns 961 shares of the manufacturing equipment provider’s stock valued at $695,000 after acquiring an additional 20 shares during the last quarter. Stonebridge Financial Group LLC lifted its stake in Applied Materials by 2.1% in the second quarter. Stonebridge Financial Group LLC now owns 1,003 shares of the manufacturing equipment provider’s stock valued at $725,000 after acquiring an additional 21 shares during the last quarter. N.E.W. Advisory Services LLC grew its position in shares of Applied Materials by 5.9% in the 2nd quarter. N.E.W. Advisory Services LLC now owns 377 shares of the manufacturing equipment provider’s stock valued at $273,000 after acquiring an additional 21 shares during the period. Finally, IMG Wealth Management Inc. grew its position in shares of Applied Materials by 13.0% in the 2nd quarter. IMG Wealth Management Inc. now owns 183 shares of the manufacturing equipment provider’s stock valued at $132,000 after acquiring an additional 21 shares during the period. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Stock Down 7.5%

NASDAQ AMAT opened at $390.09 on Friday. The company has a current ratio of 2.42, a quick ratio of 1.79 and a debt-to-equity ratio of 0.20. Applied Materials, Inc. has a 1-year low of $203.40 and a 1-year high of $739.67. The company has a 50 day moving average of $457.66 and a 200-day moving average of $443.63. The company has a market cap of $309.58 billion, a price-to-earnings ratio of 33.63, a PEG ratio of 1.09 and a beta of 1.60.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.40 by $0.10. The business had revenue of $9.12 billion during the quarter, compared to analysts’ expectations of $8.99 billion. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%. The firm’s revenue for the quarter was up 24.8% compared to the same quarter last year. During the same period in the previous year, the company posted $2.48 earnings per share. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. On average, equities research analysts expect that Applied Materials, Inc. will post 12.79 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

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

Insider Transactions at Applied Materials

In related news, Director Judy Bruner sold 1,000 shares of the business’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $465.00, for a total value of $465,000.00. Following the completion of the transaction, the director owned 25,544 shares of the company’s stock, valued at $11,877,960. The trade was a 3.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Adam Sanders sold 725 shares of the company’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 sale, the chief accounting officer directly owned 3,181 shares of the company’s stock, valued at $1,732,245.36. This represents a 18.56% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 9,225 shares of company stock valued at $4,454,181. 0.30% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Morgan Stanley lowered their price objective on shares of Applied Materials from $642.00 to $563.00 and set an “equal weight” rating on the stock in a research note on Monday, September 28th. Seaport Research Partners reiterated a “buy” rating and issued a $575.00 target price (up from $500.00) on shares of Applied Materials in a research note on Friday, August 14th. Mizuho reduced their price target on Applied Materials from $650.00 to $590.00 and set an “outperform” rating for the company in a report on Tuesday, August 25th. Craig Hallum boosted their price target on Applied Materials from $530.00 to $585.00 and gave the stock a “buy” rating in a research report on Friday, August 14th. Finally, B. Riley Financial restated a “buy” rating and issued a $700.00 price objective (down from $790.00) on shares of Applied Materials in a research note on Friday, August 14th. Thirty research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $632.70.

Key Stories Impacting Applied Materials

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

• Positive Sentiment: Applied Materials’ planned move to raise its Besi stake to 20% is strengthening its exposure to hybrid bonding, a packaging technology that could benefit from rising AI-chip complexity. TIKR describes a bullish long-term scenario, with a potential price target of approximately $806 versus a roughly $628 Wall Street target. Applied Materials hybrid bonding analysis
• Positive Sentiment: Recent coverage highlights a quarter with 51% growth and argues that AMAT trades at about 23 times forward earnings, a valuation that may look reasonable if AI-related semiconductor-equipment demand remains strong. The company also recently exceeded earnings and revenue estimates and issued fourth-quarter EPS guidance of $3.82–$4.22. Applied Materials growth and valuation analysis
• Neutral Sentiment: AMAT is attracting unusually high investor attention, but the Zacks reports primarily review the company’s prospects rather than identify a new fundamental catalyst. Zacks Applied Materials investor attention report
• Negative Sentiment: Compared with Taiwan Semiconductor Manufacturing, Applied Materials has shown a flatter revenue trajectory and less consistent quarter-over-quarter growth. That comparison may reinforce concerns that AMAT’s elevated valuation already discounts substantial AI-driven demand. Applied Materials versus Taiwan Semiconductor Manufacturing

Applied Materials Company Profile

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.