Applied Materials, Inc. $AMAT Position Decreased by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC cut its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 1.9% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 56,093 shares of the manufacturing equipment provider’s stock after selling 1,082 shares during the period. EverSource Wealth Advisors LLC’s holdings in Applied Materials were worth $19,172,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Evolve Private Wealth LLC lifted its holdings in shares of Applied Materials by 59.0% during the 1st quarter. Evolve Private Wealth LLC now owns 2,875 shares of the manufacturing equipment provider’s stock valued at $983,000 after buying an additional 1,067 shares during the last quarter. World Investment Advisors increased its position in Applied Materials by 4.5% during the fourth quarter. World Investment Advisors now owns 82,296 shares of the manufacturing equipment provider’s stock worth $21,149,000 after acquiring an additional 3,508 shares during the period. WealthPlan Investment Management LLC acquired a new position in shares of Applied Materials during the fourth quarter valued at about $1,082,000. Dorato Capital Management acquired a new position in Applied Materials in the 4th quarter valued at approximately $1,744,000. Finally, Ameritas Advisory Services LLC raised its stake in shares of Applied Materials by 183.7% in the fourth quarter. Ameritas Advisory Services LLC now owns 3,073 shares of the manufacturing equipment provider’s stock valued at $790,000 after purchasing an additional 1,990 shares in the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on AMAT shares. Weiss Ratings restated a “buy (b-)” rating on shares of Applied Materials in a research report on Wednesday, June 24th. Cantor Fitzgerald increased their price target on shares of Applied Materials from $650.00 to $850.00 and gave the company an “overweight” rating in a research note on Monday, June 29th. Royal Bank Of Canada lifted their price objective on Applied Materials from $500.00 to $520.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. UBS Group upped their target price on shares of Applied Materials from $570.00 to $705.00 and gave the company a “buy” rating in a research report on Wednesday, July 15th. Finally, HC Wainwright set a $850.00 price target on Applied Materials in a research note on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $599.19.

More Applied Materials News

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

• Positive Sentiment: Applied Materials has benefited from AI-driven spending on advanced wafer fabrication and semiconductor manufacturing equipment. A Columbia Threadneedle investor letter highlighted the company’s exposure to long-term AI infrastructure growth. Applied Materials Rose on AI-Driven Wafer Fabrication Spending
• Positive Sentiment: Analysts continue to see potential for Applied Materials to outperform upcoming earnings expectations, supported by demand from AI, cloud computing, memory and storage customers. The company also recently exceeded consensus estimates for revenue and earnings, with revenue growth accelerating year over year.
• Positive Sentiment: Several Wall Street analysts have issued upgrades, while investors point to strong memory-chip demand as a potential catalyst. However, the stock’s elevated valuation leaves it sensitive to any slowdown in growth expectations. Applied Materials Stock Keeps Winning Upgrades
• Neutral Sentiment: Applied Materials was identified as one of several semiconductor companies with a positive earnings-prediction signal ahead of its quarterly report, but the forecast is not a guarantee of results. 3 Semiconductor Stocks Likely to Outpace Q2 Earnings Estimates
• Negative Sentiment: The broader AI-chip group has extended its selloff as investors question whether current AI infrastructure spending can be funded at its current pace. Applied Materials is being pulled lower alongside Nvidia, AMD and other semiconductor stocks. AI Chip Stocks Tumble as Nvidia, AMD Lead Market Selloff Over Spending Fears
• Negative Sentiment: Reports that China is mass-producing domestic immersion DUV lithography equipment raise concerns that local alternatives could reduce demand for U.S. chip-equipment suppliers. Export controls and geopolitical restrictions could further limit Applied Materials’ access to Chinese customers. How China’s Domestic Immersion DUV Push Has Changed Applied Materials’ Investment Story

Insider Activity at Applied Materials

In other news, SVP Timothy M. Deane sold 8,621 shares of the stock in a transaction that occurred on 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 completion of the sale, the senior vice president 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 transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Omkaram Nalamasu sold 24,263 shares of the firm’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $593.43, for a total transaction of $14,398,392.09. Following the completion of the transaction, the senior vice president directly owned 146,916 shares of the company’s stock, valued at $87,184,361.88. This represents a 14.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 278,088 shares of company stock worth $169,654,805. Insiders own 0.30% of the company’s stock.

Applied Materials Trading Down 7.8%

Shares of NASDAQ:AMAT opened at $476.46 on Wednesday. The company’s 50-day moving average price is $547.67 and its two-hundred day moving average price is $426.93. 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, Inc. has a one year low of $154.46 and a one year high of $739.67. The stock has a market capitalization of $378.29 billion, a PE ratio of 44.74, a price-to-earnings-growth ratio of 1.31 and a beta of 1.57.

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 the consensus estimate of $2.68 by $0.18. The company had revenue of $7.91 billion during the quarter, compared to analysts’ expectations of $7.68 billion. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.Applied Materials’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same quarter last year, the company earned $2.39 EPS. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. On average, equities analysts forecast that Applied Materials, Inc. will post 12.14 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The business 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. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.12 annualized dividend and a dividend yield of 0.4%. Applied Materials’s payout ratio is 19.91%.

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.