2,040 Shares in Applied Materials, Inc. $AMAT Purchased by Weiss Asset Management LP

Weiss Asset Management LP purchased a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 2,040 shares of the manufacturing equipment provider’s stock, valued at approximately $697,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in AMAT. Private Wealth Management Group LLC lifted its stake in shares of Applied Materials by 4.9% in the 1st quarter. Private Wealth Management Group LLC now owns 531 shares of the manufacturing equipment provider’s stock worth $181,000 after purchasing an additional 25 shares during the period. One Day In July LLC increased its stake in Applied Materials by 2.4% in the 1st quarter. One Day In July LLC now owns 1,089 shares of the manufacturing equipment provider’s stock worth $372,000 after buying an additional 26 shares in the last quarter. Pinnacle Bancorp Inc. raised its stake in Applied Materials by 1.3% during the 1st quarter. Pinnacle Bancorp Inc. now owns 2,082 shares of the manufacturing equipment provider’s stock valued at $712,000 after purchasing an additional 27 shares during the period. Horst & Graben Wealth Management LLC raised its position in shares of Applied Materials by 2.1% during the first quarter. Horst & Graben Wealth Management LLC now owns 1,304 shares of the manufacturing equipment provider’s stock valued at $446,000 after buying an additional 27 shares during the last quarter. Finally, Warther Private Wealth LLC lifted its stake in Applied Materials by 1.5% in the 4th quarter. Warther Private Wealth LLC now owns 1,908 shares of the manufacturing equipment provider’s stock worth $490,000 after purchasing an additional 28 shares in the last quarter. 80.56% of the stock is owned by institutional investors.

Applied Materials Price Performance

Applied Materials stock opened at $516.89 on Tuesday. The stock has a market cap of $410.39 billion, a P/E ratio of 48.53, a PEG ratio of 1.36 and a beta of 1.57. The company has a current ratio of 2.51, a quick ratio of 1.80 and a debt-to-equity ratio of 0.22. The company has a 50-day moving average price of $546.28 and a 200 day moving average price of $425.63. Applied Materials, Inc. has a 12-month low of $154.46 and a 12-month high of $739.67.

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, beating 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 analysts’ expectations of $7.68 billion. During the same quarter in the previous year, the business posted $2.39 earnings per share. The business’s quarterly revenue was up 11.4% compared to the same quarter last year. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Sell-side analysts anticipate that Applied Materials, Inc. will post 12.14 earnings per share for the current year.

Applied Materials Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th 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 0.4%. The ex-dividend date is Thursday, August 20th. Applied Materials’s dividend payout ratio (DPR) is presently 19.91%.

Insider Activity

In related news, SVP Omkaram Nalamasu sold 24,263 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $593.43, for a total value of $14,398,392.09. Following the sale, the senior vice president owned 146,916 shares of the company’s stock, valued at approximately $87,184,361.88. This represents a 14.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Timothy M. Deane sold 8,621 shares of Applied Materials stock in a transaction on Monday, June 15th. The shares were sold at an average price of $590.76, for a total value of $5,092,941.96. Following the completion of the sale, the senior vice president directly owned 134,631 shares of the company’s stock, valued at approximately $79,534,609.56. This represents a 6.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 278,088 shares of company stock valued at $169,654,805 in the last 90 days. Insiders own 0.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on AMAT shares. HSBC reiterated a “buy” rating and set a $683.00 price objective on shares of Applied Materials in a research report on Monday. Erste Group Bank upgraded Applied Materials from a “hold” rating to a “buy” rating in a research report on Monday, April 27th. Royal Bank Of Canada upped their target price on Applied Materials from $500.00 to $520.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. Weiss Ratings reissued a “buy (b-)” rating on shares of Applied Materials in a research note on Wednesday, June 24th. Finally, Susquehanna increased their price target on shares of Applied Materials from $575.00 to $900.00 and gave the company a “positive” rating in a research report on Tuesday, June 30th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $599.19.

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.