Border to Coast Pensions Partnership Ltd Buys Shares of 205,377 Applied Materials, Inc. $AMAT

Border to Coast Pensions Partnership Ltd purchased a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) during the 1st quarter, HoldingsChannel.com reports. The firm purchased 205,377 shares of the manufacturing equipment provider’s stock, valued at approximately $70,411,000. Applied Materials makes up 1.2% of Border to Coast Pensions Partnership Ltd’s portfolio, making the stock its 23rd largest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. ABN AMRO Bank N.V. boosted its holdings in Applied Materials by 4.0% in the 1st quarter. ABN AMRO Bank N.V. now owns 88,120 shares of the manufacturing equipment provider’s stock valued at $30,336,000 after purchasing an additional 3,381 shares during the period. Cambient Family Office LLC increased its holdings in shares of Applied Materials by 4.3% in the first quarter. Cambient Family Office LLC now owns 18,256 shares of the manufacturing equipment provider’s stock worth $6,240,000 after purchasing an additional 754 shares during the period. Rooted Wealth Advisors Inc. increased its holdings in shares of Applied Materials by 23.2% in the first quarter. Rooted Wealth Advisors Inc. now owns 1,971 shares of the manufacturing equipment provider’s stock worth $674,000 after purchasing an additional 371 shares during the period. Narus Financial Partners LLC raised its position in shares of Applied Materials by 2.2% in the first quarter. Narus Financial Partners LLC now owns 1,627 shares of the manufacturing equipment provider’s stock worth $556,000 after buying an additional 35 shares in the last quarter. Finally, Riverstone Advisors LLC raised its position in shares of Applied Materials by 0.9% in the first quarter. Riverstone Advisors LLC now owns 8,576 shares of the manufacturing equipment provider’s stock worth $2,931,000 after buying an additional 77 shares in the last quarter. 80.56% of the stock is owned by hedge funds and other institutional investors.

Applied Materials Stock Down 6.2%

Shares of NASDAQ AMAT opened at $626.84 on Friday. The stock has a market capitalization of $497.69 billion, a P/E ratio of 58.86, a PEG ratio of 1.74 and a beta of 1.67. Applied Materials, Inc. has a one year low of $154.46 and a one year high of $669.22. The firm’s 50 day simple moving average is $473.54 and its two-hundred day simple moving average is $377.36. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.51 and a quick ratio of 1.80.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, topping analysts’ consensus estimates of $2.68 by $0.18. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The firm had revenue of $7.91 billion during the quarter, compared to analyst estimates of $7.68 billion. During the same period in the previous year, the business posted $2.39 EPS. The business’s quarterly 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. As a group, analysts expect that Applied Materials, Inc. will post 12.1 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 0.3%. The ex-dividend date is Thursday, August 20th. Applied Materials’s dividend payout ratio is presently 19.91%.

Applied Materials News Summary

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

• Positive Sentiment: Applied Materials introduced new systems for DRAM and advanced packaging, expanding its role in AI chip manufacturing and potentially boosting future demand. Applied Materials Introduces New Systems to Accelerate DRAM and Advanced Packaging for AI Chips
• Positive Sentiment: Analysts said AMAT’s event highlighted strong opportunities in DRAM and advanced packaging, reinforcing the company’s AI-driven growth narrative. Applied Materials’ event focuses on DRAM, and advanced packaging: analysts
• Positive Sentiment: Wall Street commentary remains constructive, with analysts still confident in Applied Materials’ strong competitive position. AMAT stock gets thumbs up from Wall Street – analysts remain confident about Applied Materials’ strong market position
• Neutral Sentiment: Some coverage suggests the stock may be looking expensive after its recent rally, which could limit near-term upside even if the long-term AI story stays intact. Applied Materials stock looks pricey—can AI demand justify the rally?
• Neutral Sentiment: One analysis noted that Applied Materials’ aggressive investment strategy may pressure cash flow in the near term, even though it supports longer-term growth. Can AMAT’s Investment Strategy Lift Future Cash Flow Growth?

Analysts Set New Price Targets

Several research firms recently commented on AMAT. Weiss Ratings restated a “buy (b-)” rating on shares of Applied Materials in a research report on Wednesday. Seaport Research Partners started coverage on Applied Materials in a report on Monday, May 4th. They issued a “buy” rating and a $500.00 price target on the stock. JPMorgan Chase & Co. lifted their price target on Applied Materials from $400.00 to $515.00 and gave the company an “overweight” rating in a research report on Friday, May 15th. Stifel Nicolaus set a $530.00 price objective on Applied Materials in a report on Friday, May 15th. Finally, Cantor Fitzgerald upped their price objective on shares of Applied Materials from $575.00 to $650.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 10th. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $518.19.

Insider Buying and Selling at Applied Materials

In other news, SVP Timothy M. Deane sold 8,621 shares of Applied Materials stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $590.76, for a total value of $5,092,941.96. Following the transaction, the senior vice president owned 134,631 shares in the company, valued at approximately $79,534,609.56. The trade was a 6.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Omkaram Nalamasu sold 24,263 shares of the business’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $593.43, for a total value of $14,398,392.09. Following the completion of the sale, the senior vice president directly owned 146,916 shares of the company’s stock, valued at approximately $87,184,361.88. This trade represents a 14.17% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 199,767 shares of company stock valued at $114,104,709. 0.30% of the stock is currently owned by insiders.

About Applied Materials

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.