May Hill Capital LLC Acquires New Position in Applied Materials, Inc. $AMAT

May Hill Capital LLC acquired a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,070 shares of the manufacturing equipment provider’s stock, valued at approximately $532,000.

A number of other large investors also recently modified their holdings of AMAT. Capital Research Global Investors raised its holdings in shares of Applied Materials by 225.4% during 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. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Applied Materials by 617.2% in the 3rd 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 worth $1,869,170,000 after purchasing an additional 7,856,576 shares during the period. Ameriprise Financial Inc. increased its stake in Applied Materials by 40.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 12,520,114 shares of the manufacturing equipment provider’s stock worth $2,563,376,000 after purchasing an additional 3,583,751 shares during the period. Coatue Management LLC purchased a new position in Applied Materials in the 3rd quarter worth approximately $685,684,000. Finally, Sanders Capital LLC increased its stake in Applied Materials by 42.6% in the 3rd quarter. Sanders Capital LLC now owns 10,978,990 shares of the manufacturing equipment provider’s stock worth $2,247,838,000 after purchasing an additional 3,280,730 shares during the period. 80.56% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. B. Riley Financial lifted their price target on Applied Materials from $530.00 to $550.00 and gave the stock a “buy” rating in a research note on Friday. Susquehanna lifted their price target on Applied Materials from $435.00 to $500.00 and gave the stock a “positive” rating in a research note on Thursday, April 9th. HSBC assumed coverage on Applied Materials in a research note on Friday, May 8th. They issued a “buy” rating and a $517.00 price target on the stock. Stifel Nicolaus set a $530.00 price target on Applied Materials in a research note on Friday. Finally, Bank of America lifted their price target on Applied Materials from $465.00 to $540.00 and gave the stock a “buy” rating in a research note on Friday. Twenty-seven investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $463.89.

Applied Materials Stock Performance

Applied Materials stock opened at $436.62 on Monday. 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 business’s fifty day simple moving average is $379.09 and its two-hundred day simple moving average is $320.06. Applied Materials, Inc. has a 12 month low of $153.47 and a 12 month high of $448.45. The company has a market capitalization of $346.51 billion, a price-to-earnings ratio of 41.00, a price-to-earnings-growth ratio of 1.92 and a beta of 1.66.

Applied Materials (NASDAQ:AMAT) last released its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, topping the consensus estimate of $2.68 by $0.18. The business had revenue of $7.91 billion for the quarter, compared to the consensus estimate of $7.68 billion. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The company’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same period in the previous year, the company posted $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. As a group, equities analysts predict that Applied Materials, Inc. will post 11.28 earnings per share for the current fiscal year.

Applied Materials Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Thursday, May 21st will be given a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 0.5%. This is a boost from Applied Materials’s previous quarterly dividend of $0.46. The ex-dividend date is Thursday, May 21st. Applied Materials’s dividend payout ratio (DPR) is currently 17.28%.

Insider Activity at Applied Materials

In related news, Director Judy Bruner sold 2,500 shares of the company’s stock in a transaction 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 sale, the director owned 26,089 shares in the company, valued at approximately $10,219,322.19. This represents a 8.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Adam Sanders sold 534 shares of the company’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $379.16, for a total value of $202,471.44. Following the sale, the chief accounting officer owned 4,625 shares of the company’s stock, valued at approximately $1,753,615. This trade represents a 10.35% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 12,003 shares of company stock worth $4,484,189. 0.30% of the stock is owned by insiders.

Trending Headlines about Applied Materials

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

• Positive Sentiment: Applied Materials posted record Q2 results, beating EPS and revenue expectations and lifting its outlook, with management citing strong AI infrastructure spending as a key growth driver. Applied Materials Announces Second Quarter 2026 Results
• Positive Sentiment: Wall Street turned more bullish after the report, with multiple firms raising price targets, including Bank of America, JPMorgan, Mizuho, Morgan Stanley, Needham, and KeyCorp, reinforcing confidence in multi-year earnings growth. Applied Materials Sees Multi-Year AI Boom Driving Record Revenue And Growth Through 2028
• Positive Sentiment: Several analysts highlighted a durable AI-driven semiconductor upcycle, suggesting Applied Materials could sustain elevated demand and margins through 2027-2028. Krish Sankar Reaffirms Buy on Applied Materials
• Neutral Sentiment: The broader market backdrop is weaker, with major indexes down as Treasury yields and oil prices rise, which is adding headwinds for high-valuation tech and AI stocks. Stock Market Today: Dow Falls As Oil Prices, Yields Jump; Applied Materials, Nvidia, Cerebras Slide
• Negative Sentiment: Even with the strong earnings report, the stock is slipping as investors rotate out after a sharp year-to-date rally, showing some concern that expectations may already be very high. Applied Materials slips despite record quarter and strong outlook (AMAT)

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.