Mn Services Vermogensbeheer B.V. Has $80.85 Million Holdings in Applied Materials, Inc. $AMAT

Mn Services Vermogensbeheer B.V. lifted its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 2.4% in the 4th quarter, Holdings Channel reports. The fund owned 314,612 shares of the manufacturing equipment provider’s stock after acquiring an additional 7,350 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Applied Materials were worth $80,852,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Grandfield & Dodd LLC lifted its holdings in shares of Applied Materials by 6.9% in the third quarter. Grandfield & Dodd LLC now owns 269,511 shares of the manufacturing equipment provider’s stock valued at $55,180,000 after purchasing an additional 17,397 shares in the last quarter. First Trust Advisors LP boosted its holdings in Applied Materials by 4.9% during the third quarter. First Trust Advisors LP now owns 3,101,772 shares of the manufacturing equipment provider’s stock worth $635,057,000 after purchasing an additional 145,050 shares during the last quarter. Elo Mutual Pension Insurance Co grew its position in Applied Materials by 21.8% in the third quarter. Elo Mutual Pension Insurance Co now owns 96,712 shares of the manufacturing equipment provider’s stock valued at $19,801,000 after purchasing an additional 17,288 shares in the last quarter. Canada Post Corp Registered Pension Plan boosted its position in Applied Materials by 82.2% during the third quarter. Canada Post Corp Registered Pension Plan now owns 26,893 shares of the manufacturing equipment provider’s stock valued at $5,512,000 after purchasing an additional 12,132 shares during the last quarter. Finally, Avity Investment Management Inc. boosted its position in Applied Materials by 1.1% during the third quarter. Avity Investment Management Inc. now owns 223,211 shares of the manufacturing equipment provider’s stock valued at $45,700,000 after purchasing an additional 2,376 shares during the last quarter. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

AMAT has been the topic of several research analyst reports. Erste Group Bank upgraded Applied Materials to a “hold” rating in a research note on Tuesday, March 24th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $450.00 price objective on shares of Applied Materials in a report on Friday, February 13th. The Goldman Sachs Group increased their target price on Applied Materials from $310.00 to $390.00 and gave the stock a “buy” rating in a report on Friday, February 13th. DZ Bank upgraded Applied Materials to a “hold” rating in a research report on Monday, February 16th. Finally, Mizuho boosted their price target on Applied Materials from $370.00 to $410.00 and gave the company an “outperform” rating in a research note on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, Applied Materials has a consensus rating of “Moderate Buy” and a consensus price target of $363.46.

Applied Materials Stock Down 4.2%

NASDAQ AMAT opened at $323.12 on Tuesday. The business has a fifty day moving average price of $344.96 and a two-hundred day moving average price of $277.86. The stock has a market capitalization of $256.43 billion, a PE ratio of 33.07, a PEG ratio of 1.50 and a beta of 1.65. Applied Materials, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $395.95. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.71 and a quick ratio of 1.94.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings results on Thursday, February 12th. The manufacturing equipment provider reported $2.38 EPS for the quarter, topping analysts’ consensus estimates of $2.21 by $0.17. Applied Materials had a return on equity of 37.52% and a net margin of 27.78%.The company had revenue of $7.01 billion during the quarter, compared to analysts’ expectations of $6.88 billion. During the same quarter in the previous year, the firm earned $2.38 EPS. Applied Materials’s revenue was down 2.1% on a year-over-year basis. Applied Materials has set its Q2 2026 guidance at 2.440-2.840 EPS. Equities analysts expect that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Thursday, May 21st will be paid a dividend of $0.53 per share. The ex-dividend date of this dividend is Thursday, May 21st. This is a positive change from Applied Materials’s previous quarterly dividend of $0.46. This represents a $2.12 annualized dividend and a yield of 0.7%. Applied Materials’s payout ratio is presently 18.83%.

Insiders Place Their Bets

In related news, CFO Brice Hill sold 5,000 shares of Applied Materials stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $361.21, for a total transaction of $1,806,050.00. Following the sale, the chief financial officer directly owned 138,565 shares of the company’s stock, valued at approximately $50,051,063.65. The trade was a 3.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Judy Bruner sold 3,969 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $377.02, for a total transaction of $1,496,392.38. Following the transaction, the director owned 28,589 shares of the company’s stock, valued at approximately $10,778,624.78. This represents a 12.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 12,003 shares of company stock valued at $4,484,189. 0.30% of the stock is currently owned by corporate 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.