Ticino Wealth Makes New Investment in Applied Materials, Inc. $AMAT

Ticino Wealth purchased a new stake in Applied Materials, Inc. (NASDAQ:AMAT) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,180 shares of the manufacturing equipment provider’s stock, valued at approximately $817,000.

A number of other hedge funds have also modified their holdings of the business. Capital Research Global Investors lifted its stake in Applied Materials by 225.4% in the 3rd quarter. Capital Research Global Investors now owns 14,877,672 shares of the manufacturing equipment provider’s stock valued at $3,046,057,000 after buying an additional 10,305,182 shares in the last quarter. Ameriprise Financial Inc. increased its position in Applied Materials by 40.1% during the third quarter. Ameriprise Financial Inc. now owns 12,520,114 shares of the manufacturing equipment provider’s stock worth $2,563,376,000 after buying an additional 3,583,751 shares in the last quarter. Sanders Capital LLC raised its holdings in shares of Applied Materials by 42.6% in the third quarter. Sanders Capital LLC now owns 10,978,990 shares of the manufacturing equipment provider’s stock worth $2,247,838,000 after acquiring an additional 3,280,730 shares during the last quarter. Van ECK Associates Corp lifted its position in shares of Applied Materials by 19.0% in the third quarter. Van ECK Associates Corp now owns 10,552,132 shares of the manufacturing equipment provider’s stock valued at $2,160,443,000 after acquiring an additional 1,681,911 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Applied Materials by 617.2% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,129,483 shares of the manufacturing equipment provider’s stock valued at $1,869,170,000 after acquiring an additional 7,856,576 shares in the last quarter. 80.56% of the stock is owned by hedge funds and other institutional investors.

Applied Materials Stock Performance

NASDAQ:AMAT opened at $393.47 on Tuesday. Applied Materials, Inc. has a 1-year low of $136.32 and a 1-year high of $407.29. The stock has a market cap of $312.26 billion, a P/E ratio of 40.26, a PEG ratio of 1.77 and a beta of 1.64. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.71 and a quick ratio of 1.94. The firm has a 50-day moving average of $361.11 and a two-hundred day moving average of $297.01.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings data on Thursday, February 12th. The manufacturing equipment provider reported $2.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.21 by $0.17. The company had revenue of $7.01 billion for the quarter, compared to the consensus estimate of $6.88 billion. Applied Materials had a return on equity of 37.52% and a net margin of 27.78%.Applied Materials’s revenue for the quarter was down 2.1% compared to the same quarter last year. During the same period in the previous year, the business earned $2.38 EPS. Applied Materials has set its Q2 2026 guidance at 2.440-2.840 EPS. On average, research analysts expect that Applied Materials, Inc. will post 11.1 earnings per share for the current fiscal year.

Applied Materials Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Thursday, May 21st will be issued a $0.53 dividend. This is a positive change from Applied Materials’s previous quarterly dividend of $0.46. The ex-dividend date is Thursday, May 21st. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.5%. Applied Materials’s dividend payout ratio (DPR) is presently 18.83%.

Insider Buying and Selling at Applied Materials

In related news, Director Judy Bruner sold 2,500 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $391.71, for a total transaction of $979,275.00. Following the completion of the transaction, the director owned 26,089 shares in the company, valued at $10,219,322.19. The trade was a 8.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Adam Sanders sold 534 shares of the company’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $379.16, for a total value of $202,471.44. Following the transaction, the chief accounting officer owned 4,625 shares of the company’s stock, valued at approximately $1,753,615. The trade was a 10.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 12,003 shares of company stock worth $4,484,189 over the last 90 days. Insiders own 0.30% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on AMAT shares. Needham & Company LLC upped their target price on shares of Applied Materials from $390.00 to $440.00 and gave the company a “buy” rating in a report on Friday, February 13th. Mizuho upped their price objective on shares of Applied Materials from $370.00 to $410.00 and gave the company an “outperform” rating in a research note on Friday, February 13th. Zacks Research raised Applied Materials from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 17th. Susquehanna lifted their price objective on Applied Materials from $435.00 to $500.00 and gave the company a “positive” rating in a research note on Thursday, April 9th. Finally, Bank of America raised their price objective on Applied Materials from $300.00 to $350.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $368.29.

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.