Fidelis Capital Partners LLC Purchases 1,970 Shares of Applied Materials, Inc. $AMAT

Fidelis Capital Partners LLC grew its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 21.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,122 shares of the manufacturing equipment provider’s stock after acquiring an additional 1,970 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Applied Materials were worth $2,858,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Godsey & Gibb Inc. increased its holdings in shares of Applied Materials by 2.6% during the fourth quarter. Godsey & Gibb Inc. now owns 1,298 shares of the manufacturing equipment provider’s stock valued at $334,000 after acquiring an additional 33 shares in the last quarter. Family Capital Management Inc. increased its holdings in shares of Applied Materials by 0.8% during the fourth quarter. Family Capital Management Inc. now owns 4,227 shares of the manufacturing equipment provider’s stock valued at $1,086,000 after acquiring an additional 33 shares in the last quarter. Denali Advisors LLC increased its holdings in shares of Applied Materials by 0.7% during the fourth quarter. Denali Advisors LLC now owns 4,582 shares of the manufacturing equipment provider’s stock valued at $1,178,000 after acquiring an additional 34 shares in the last quarter. Traveka Wealth LLC increased its holdings in shares of Applied Materials by 2.6% during the fourth quarter. Traveka Wealth LLC now owns 1,404 shares of the manufacturing equipment provider’s stock valued at $361,000 after acquiring an additional 36 shares in the last quarter. Finally, Highline Wealth Partners LLC increased its holdings in shares of Applied Materials by 48.7% during the fourth quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock valued at $30,000 after acquiring an additional 38 shares in the last quarter. Institutional investors own 80.56% of the company’s stock.

More Applied Materials News

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

• Positive Sentiment: Applied Materials reported strong fiscal Q2 results, with revenue of $7.91 billion and EPS of $2.86, both ahead of estimates, which supports the case for continued fundamental strength. Applied Materials (AMAT) Is Up 11.8% After Raising Q3 Outlook And Expanding AI Packaging Alliance
• Positive Sentiment: The company raised Q3 2026 revenue guidance to about $8.95 billion, signaling management sees healthy demand in semiconductor equipment and AI-related spending. Applied Materials (AMAT) Is Up 11.8% After Raising Q3 Outlook And Expanding AI Packaging Alliance
• Positive Sentiment: Applied Materials expanded its AI packaging ecosystem by partnering with Broadcom and SCREEN Semiconductor Solutions, a development that could strengthen its position in next-generation chip packaging and advanced wafer cleaning. Applied Materials, Inc. (AMAT) Partners with Broadcom on Advanced Chip Packaging Technologies for AI Systems
• Positive Sentiment: The SCREEN partnership at the EPIC Center adds another innovation collaborator, which may improve chip yields and accelerate commercialization of advanced-node technologies. Applied Materials Partners with SCREEN To Bring Advanced Wafer Cleaning Technologies to EPIC Center
• Neutral Sentiment: CAO Adam Sanders sold 268 shares in a small insider transaction, which appears too minor to materially change the investment case. Applied Materials (NASDAQ:AMAT) CAO Sells $116,370.96 in Stock
• Negative Sentiment: A market commentary on momentum stocks warned that extended winners can pull back, which may be contributing to some caution around AMAT after its strong run. Intel, AMD, and Other Momentum Stocks Look Unstoppable. Look Again.

Wall Street Analysts Forecast Growth

AMAT has been the subject of several recent research reports. KGI Securities upgraded Applied Materials to an “outperform” rating and set a $425.00 price objective for the company in a report on Friday, February 13th. Zacks Research downgraded Applied Materials from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Citigroup upped their price target on Applied Materials from $420.00 to $520.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Susquehanna upped their price target on Applied Materials from $435.00 to $500.00 and gave the stock a “positive” rating in a report on Thursday, April 9th. Finally, Wall Street Zen upgraded Applied Materials from a “hold” rating to a “buy” rating in a report on Saturday, May 23rd. Twenty-seven research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, Applied Materials has a consensus rating of “Moderate Buy” and an average price target of $466.52.

Applied Materials Stock Down 1.5%

AMAT stock opened at $448.25 on Thursday. Applied Materials, Inc. has a 1-year low of $153.47 and a 1-year high of $462.40. 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 stock’s fifty day simple moving average is $393.29 and its two-hundred day simple moving average is $331.12. The stock has a market cap of $355.89 billion, a P/E ratio of 42.09, a P/E/G ratio of 1.27 and a beta of 1.66.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, beating analysts’ consensus estimates of $2.68 by $0.18. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The firm had revenue of $7.91 billion for the quarter, compared to analysts’ expectations of $7.68 billion. During the same quarter in the prior year, the firm earned $2.39 EPS. The business’s revenue for the quarter was up 11.4% compared to the same quarter last year. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Analysts expect that Applied Materials, Inc. will post 12.02 EPS for the current 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 given a dividend of $0.53 per share. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.5%. This is a boost from Applied Materials’s previous quarterly dividend of $0.46. Applied Materials’s payout ratio is currently 19.91%.

Insider Transactions at Applied Materials

In related news, CAO Adam Sanders sold 268 shares of the stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $434.22, for a total transaction of $116,370.96. Following the sale, the chief accounting officer owned 4,280 shares of the company’s stock, valued at approximately $1,858,461.60. This represents a 5.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.30% of the company’s stock.

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.