Danica Pension Livsforsikringsaktieselskab Has $57.97 Million Stock Holdings in Applied Materials, Inc. $AMAT

Danica Pension Livsforsikringsaktieselskab raised its position in Applied Materials, Inc. (NASDAQ:AMAT) by 1.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 80,175 shares of the manufacturing equipment provider’s stock after acquiring an additional 1,269 shares during the quarter. Applied Materials makes up about 0.9% of Danica Pension Livsforsikringsaktieselskab’s investment portfolio, making the stock its 25th largest holding. Danica Pension Livsforsikringsaktieselskab’s holdings in Applied Materials were worth $57,967,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC grew its holdings in Applied Materials by 28.0% during the 4th quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock worth $2,061,000 after acquiring an additional 2,771 shares in the last quarter. Sivia Capital Partners LLC boosted its position in shares of Applied Materials by 26.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,225 shares of the manufacturing equipment provider’s stock worth $590,000 after purchasing an additional 679 shares in the last quarter. Forefront Wealth Partners LLC bought a new position in shares of Applied Materials in the second quarter valued at approximately $410,000. Schnieders Capital Management LLC. grew its stake in Applied Materials by 30.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 15,003 shares of the manufacturing equipment provider’s stock valued at $2,747,000 after purchasing an additional 3,469 shares during the period. Finally, Sei Investments Co. increased its position in shares of Applied Materials by 59.3% during the 2nd quarter. Sei Investments Co. now owns 422,694 shares of the manufacturing equipment provider’s stock valued at $77,383,000 after purchasing an additional 157,426 shares during the last quarter. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

More Applied Materials News

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

• Positive Sentiment: AI demand supports the long-term outlook. JPMorgan reiterated an Overweight rating and estimates semiconductor-systems revenue could grow about 40% this year, with AI-related investment accounting for roughly 80% of chip-equipment demand. Applied Materials Sees Years Of AI-Fueled Growth Ahead
• Positive Sentiment: Advanced packaging and memory opportunities remain catalysts. New equipment launches are strengthening Applied Materials’ position in advanced packaging as demand for high-bandwidth memory (HBM) and semiconductor manufacturing capacity expands. Can Applied Materials Sustain Its Growth Amid AI-Driven Demand?
• Positive Sentiment: Brokerage coverage remains favorable. Berenberg issued a Buy rating, while broader analyst recommendations continue to point toward adding AMAT to portfolios. However, investors should note that consensus ratings can be overly optimistic because they are based on sell-side opinions. Applied Materials Receives a Buy from Berenberg Bank
• Neutral Sentiment: Fundamentals were stronger than expected, but the market response was weak. Applied Materials reported record fiscal third-quarter revenue of $9.12 billion, up 25% year over year, and exceeded consensus EPS and revenue estimates. Its above-consensus outlook was apparently insufficient to overcome high expectations and valuation concerns. Applied Materials Delivered a Record Quarter. The Stock Fell Anyway
• Negative Sentiment: High-profile bearish positioning is weighing on sentiment. Paul Tudor Jones reportedly liquidated his AMAT common-stock position and increased his put exposure, while Dr. Michael Burry is also betting against the shares. These trades raise concerns about semiconductor-cycle risks and whether future foundry capital spending will meet already elevated expectations. Paul Tudor Jones Liquidated His Applied Materials Stake

Insider Activity

In other Applied Materials news, Director Thomas J. Iannotti sold 9,250 shares of Applied Materials stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $599.77, for a total value of $5,547,872.50. Following the completion of the transaction, the director owned 40,559 shares of the company’s stock, valued at approximately $24,326,071.43. The trade was a 18.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Prabu G. Raja sold 50,000 shares of the business’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $505.28, for a total transaction of $25,264,000.00. Following the transaction, the insider directly owned 356,642 shares in the company, valued at approximately $180,204,069.76. The trade was a 12.30% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 277,820 shares of company stock worth $169,538,434 over the last 90 days. 0.30% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on AMAT shares. TD Cowen reaffirmed a “buy” rating and set a $700.00 price target on shares of Applied Materials in a research report on Friday, August 14th. Zacks Research upgraded shares of Applied Materials from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 1st. Erste Group Bank downgraded shares of Applied Materials from a “buy” rating to a “hold” rating in a report on Wednesday, August 5th. UBS Group set a $675.00 target price on shares of Applied Materials and gave the company a “buy” rating in a report on Friday, August 14th. Finally, Seaport Research Partners reaffirmed a “buy” rating and issued a $575.00 price target on shares of Applied Materials in a report on Friday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $659.83.

Applied Materials Stock Down 0.8%

AMAT stock opened at $492.32 on Friday. The business has a fifty day moving average price of $562.67 and a 200-day moving average price of $451.05. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.42 and a quick ratio of 1.79. The stock has a market capitalization of $390.88 billion, a P/E ratio of 42.44, a P/E/G ratio of 1.06 and a beta of 1.61. Applied Materials, Inc. has a 1-year low of $154.46 and a 1-year high of $739.67.

Applied Materials (NASDAQ:AMAT) last released its earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.40 by $0.10. The company had revenue of $9.12 billion during the quarter, compared to analyst estimates of $8.99 billion. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The firm’s quarterly revenue was up 24.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.48 EPS. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. Equities analysts forecast that Applied Materials, Inc. will post 12.73 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be given a $0.53 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.4%. Applied Materials’s payout ratio is presently 18.28%.

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.