Aristotle Atlantic Partners LLC Trims Stock Position in Applied Materials, Inc. $AMAT

Aristotle Atlantic Partners LLC lessened its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 2.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 49,925 shares of the manufacturing equipment provider’s stock after selling 1,337 shares during the quarter. Aristotle Atlantic Partners LLC’s holdings in Applied Materials were worth $12,830,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Cornerstone Financial Management LLC purchased a new stake in shares of Applied Materials during the 4th quarter worth approximately $25,000. Redmont Wealth Advisors LLC purchased a new stake in shares of Applied Materials during the 3rd quarter worth approximately $26,000. Wilkerson Advisory Group LLC acquired a new position in Applied Materials during the fourth quarter worth approximately $26,000. Highline Wealth Partners LLC increased its position in Applied Materials by 48.7% during the fourth quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock worth $30,000 after buying an additional 38 shares during the period. Finally, Joseph Group Capital Management acquired a new position in Applied Materials during the fourth quarter worth approximately $31,000. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Insider Buying and Selling

In other news, insider Prabu G. Raja sold 50,000 shares of the firm’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $505.28, for a total value of $25,264,000.00. Following the completion of the sale, the insider owned 356,642 shares in the company, valued at approximately $180,204,069.76. This trade represents a 12.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Timothy M. Deane sold 8,621 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $590.76, for a total transaction of $5,092,941.96. Following the completion of the sale, the senior vice president owned 134,631 shares of the company’s stock, valued at $79,534,609.56. This trade represents a 6.02% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 189,767 shares of company stock worth $107,769,409. 0.30% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Wall Street Zen raised Applied Materials from a “hold” rating to a “buy” rating in a research report on Saturday, May 23rd. UBS Group lifted their price target on Applied Materials from $515.00 to $570.00 and gave the stock a “buy” rating in a research report on Wednesday, June 10th. Royal Bank Of Canada lifted their price target on Applied Materials from $500.00 to $520.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. Zacks Research lowered Applied Materials from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Finally, KeyCorp lifted their price target on Applied Materials from $450.00 to $550.00 and gave the stock an “overweight” rating in a research report on Friday, May 15th. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $489.16.

Applied Materials Stock Performance

NASDAQ AMAT opened at $592.92 on Thursday. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22. Applied Materials, Inc. has a 52-week low of $154.46 and a 52-week high of $623.35. The business’s 50-day moving average price is $441.16 and its 200 day moving average price is $360.55. The firm has a market cap of $470.75 billion, a P/E ratio of 55.67, a P/E/G ratio of 1.58 and a beta of 1.67.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.68 by $0.18. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The firm had revenue of $7.91 billion for the quarter, compared to analyst estimates of $7.68 billion. During the same quarter last year, the company posted $2.39 earnings per share. The business’s revenue was up 11.4% on a year-over-year basis. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. On average, equities research analysts expect that Applied Materials, Inc. will post 12.1 earnings per share for the current year.

Applied Materials Announces Dividend

The company also recently announced 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. This represents a $2.12 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Thursday, August 20th. Applied Materials’s dividend payout ratio (DPR) is 19.91%.

Key Applied Materials News

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

• Positive Sentiment: Citi raised its price target on Applied Materials, boosting confidence that AI infrastructure spending and demand for memory-chip manufacturing tools will keep growth strong. Applied Materials surges as Citi lifts target on AI demand boom
• Positive Sentiment: The company unveiled SENZ, an integrated AI/AR smart-glasses visual platform, expanding its story beyond semiconductor equipment into next-generation optics and wearable tech. EssilorLuxottica and Applied Materials Join Forces to Advance Augmented Reality Optics Platforms for Next-Generation Smart Glasses
• Positive Sentiment: Applied Materials and EssilorLuxottica announced a long-term partnership to develop AR and AI smart-eyewear optics, suggesting an additional growth avenue and validating AMAT’s materials expertise. EssilorLuxottica, Applied Materials strike deal to develop smart glasses, AR technology
• Positive Sentiment: Multiple reports highlighted record highs and strong momentum for chip-equipment stocks, with AMAT benefiting from the broader AI-driven rally in semiconductor capital equipment. Applied Materials Stock Is One Of the S&P 500 Leaders Today. It’s AI.

Applied Materials 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.