Kingsview Wealth Management LLC Takes $80.68 Million Position in Applied Materials, Inc. $AMAT

Kingsview Wealth Management LLC acquired a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 111,588 shares of the manufacturing equipment provider’s stock, valued at approximately $80,678,000. Applied Materials makes up approximately 1.0% of Kingsview Wealth Management LLC’s investment portfolio, making the stock its 21st largest holding.

Other large investors have also recently made changes to their positions in the company. Beacon Pointe Advisors LLC acquired a new position in Applied Materials during the 2nd quarter worth approximately $20,627,000. Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in shares of Applied Materials during the 2nd quarter worth $54,635,000. RB Capital Management LLC acquired a new position in shares of Applied Materials during the second quarter worth $1,823,000. Orion Capital Management LLC acquired a new position in shares of Applied Materials during the second quarter worth $33,000. Finally, Glenview Trust Co purchased a new position in Applied Materials in the second quarter valued at $38,305,000. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

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, Director Thomas J. Iannotti sold 9,250 shares of Applied Materials stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $599.77, for a total transaction of $5,547,872.50. Following the completion of the sale, the director directly owned 40,559 shares in the company, valued at approximately $24,326,071.43. The trade was a 18.57% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 284,192 shares of company stock worth $172,625,209 in the last ninety days. Insiders own 0.30% of the company’s stock.

Applied Materials News Roundup

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

• Positive Sentiment: Semiconductor and AI demand remains strong: Recent coverage highlights Applied Materials’ $9.12 billion third-quarter revenue, up 25% year over year, and non-GAAP EPS of $3.50, up 41%. Management cited record demand visibility from AI infrastructure, more than 10 new fab projects during the quarter and fourth-quarter revenue guidance of $10.25 billion. The company is also continuing share repurchases and investing $5 billion in its EPIC Center to accelerate semiconductor innovation. The AI Buildout Is Turning Applied Materials Into A Profit Machine
• Positive Sentiment: New board member adds semiconductor expertise: AMAT appointed Akash Palkhiwala, Qualcomm’s CFO and COO, to its board and Audit Committee. His finance, operations and industry experience could strengthen oversight as Applied Materials pursues growth tied to advanced logic, memory and AI chip production. Applied Materials Appoints Akash Palkhiwala to Board of Directors
• Neutral Sentiment: Options market signals elevated uncertainty: A new analysis says options pricing for roughly one year ahead implies a particularly wide potential trading range, extending materially below and above the current level. That suggests investors should expect significant volatility rather than providing a clear directional signal. How Far Applied Materials Stock Can Move In A Year
• Negative Sentiment: CFO share sale may weigh modestly on sentiment: CFO Brice Hill sold 7,500 AMAT shares for approximately $3.6 million, reducing his direct holdings by 5.51%. The sale does not alter the company’s operating outlook, but insider selling can create a limited short-term sentiment overhang. SEC Insider Transaction Filing

Wall Street Analyst Weigh In

AMAT has been the topic of a number of recent analyst reports. Craig Hallum increased their price objective on Applied Materials from $530.00 to $585.00 and gave the company a “buy” rating in a report on Friday, August 14th. Stifel Nicolaus upped their price target on Applied Materials from $530.00 to $650.00 and gave the company a “buy” rating in a report on Friday, July 10th. William Blair began coverage on shares of Applied Materials in a research note on Tuesday, August 11th. They issued a “market perform” rating on the stock. UBS Group set a $675.00 price objective on shares of Applied Materials and gave the stock a “buy” rating in a report on Friday, August 14th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $605.00 price objective on shares of Applied Materials in a research report on Friday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $657.76.

Applied Materials Stock Down 4.3%

AMAT opened at $461.67 on Friday. Applied Materials, Inc. has a 52 week low of $154.46 and a 52 week high of $739.67. The business has a 50 day moving average price of $550.80 and a two-hundred day moving average price of $456.77. The company has a quick ratio of 1.79, a current ratio of 2.42 and a debt-to-equity ratio of 0.20. The company has a market cap of $366.38 billion, a PE ratio of 39.80, a P/E/G ratio of 0.99 and a beta of 1.61.

Applied Materials (NASDAQ:AMAT) last announced its earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share for the quarter, beating the consensus estimate of $3.40 by $0.10. The company had revenue of $9.12 billion for the quarter, compared to the consensus estimate of $8.99 billion. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%.The company’s revenue was up 24.8% on a year-over-year basis. During the same period last year, the business posted $2.48 EPS. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. As a group, research analysts anticipate that Applied Materials, Inc. will post 12.76 EPS for the current year.

Applied Materials Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be given a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Thursday, August 20th. Applied Materials’s dividend payout ratio (DPR) is 18.28%.

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.