Mutual of America Capital Management LLC Grows Stake in Applied Materials, Inc. $AMAT

Mutual of America Capital Management LLC raised its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 1.9% during the 4th quarter, HoldingsChannel reports. The firm owned 88,656 shares of the manufacturing equipment provider’s stock after acquiring an additional 1,679 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Applied Materials were worth $22,784,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Redmont Wealth Advisors LLC purchased a new position in Applied Materials in the third quarter valued at about $26,000. Highline Wealth Partners LLC raised its position in Applied Materials by 48.7% in the fourth quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock valued at $30,000 after purchasing an additional 38 shares during the period. Joseph Group Capital Management purchased a new position in Applied Materials in the fourth quarter valued at about $31,000. Dogwood Wealth Management LLC raised its position in Applied Materials by 52.4% in the fourth quarter. Dogwood Wealth Management LLC now owns 128 shares of the manufacturing equipment provider’s stock valued at $33,000 after purchasing an additional 44 shares during the period. Finally, IMG Wealth Management Inc. raised its position in Applied Materials by 147.2% in the fourth quarter. IMG Wealth Management Inc. now owns 131 shares of the manufacturing equipment provider’s stock valued at $34,000 after purchasing an additional 78 shares during the period. 80.56% of the stock is owned by hedge funds and other institutional investors.

Applied Materials Stock Up 1.8%

Shares of Applied Materials stock opened at $458.17 on Tuesday. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22. The firm has a market cap of $363.77 billion, a P/E ratio of 43.02, a P/E/G ratio of 1.26 and a beta of 1.67. Applied Materials, Inc. has a fifty-two week low of $154.46 and a fifty-two week high of $463.88. The business has a 50-day moving average price of $399.26 and a 200 day moving average price of $335.80.

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

Applied Materials News Summary

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

• Positive Sentiment: Jim Cramer said he’s betting that Applied Materials “will just keep winning,” reinforcing the bullish case for the stock and adding to positive investor momentum. Jim Cramer Says He’s Betting “Applied Materials Will Just Keep Winning”
• Positive Sentiment: Recent analyst coverage remained constructive, with Mizuho reportedly raising its price target on Applied Materials to $540 from $500 while reiterating an Outperform rating, signaling continued confidence in the company’s long-term fundamentals. Applied Materials (AMAT) – Among the 10 Best Long-Term Dividend Stocks to Invest In According to Billionaires
• Positive Sentiment: Articles focused on Applied Materials as a trending stock and a favored “real value” AI/semiconductor name, suggesting rising investor attention and support for the share price. Applied Materials, Inc. (AMAT) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Brokerage-focused commentary emphasized that Wall Street’s bullish views matter for the stock, but did not add a new catalyst beyond reinforcing existing optimism. Is It Worth Investing in Applied Materials (AMAT) Based on Wall Street’s Bullish Views?
• Neutral Sentiment: Broadcom’s announcement of new AI and edge-network platforms mentioned Applied Materials as one of several partners, which is supportive context for the semiconductor ecosystem but not a direct AMAT-specific catalyst. Why Broadcom (AVGO) Is Up 11.1% After New AI Data Center And Edge Network Platforms
• Negative Sentiment: No major negative company-specific developments were highlighted in the provided articles, so there is little evidence of a fundamental headwind driving AMAT lower today.

Insider Activity

In related news, Director Judy Bruner sold 1,128 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $450.00, for a total value of $507,600.00. Following the completion of the sale, the director directly owned 26,544 shares of the company’s stock, valued at $11,944,800. The trade was a 4.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Adam Sanders sold 268 shares of the business’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $434.22, for a total value of $116,370.96. Following the completion of the sale, the chief accounting officer directly owned 4,280 shares of the company’s stock, valued at approximately $1,858,461.60. This represents a 5.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.30% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

AMAT has been the topic of several research reports. TD Cowen raised their price objective on Applied Materials from $450.00 to $525.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Needham & Company LLC lifted their target price on Applied Materials from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. KGI Securities raised Applied Materials to an “outperform” rating and set a $425.00 target price on the stock in a research report on Friday, February 13th. Argus lifted their target price on Applied Materials from $420.00 to $500.00 and gave the stock a “buy” rating in a research report on Tuesday, May 19th. Finally, Susquehanna lifted their target price on Applied Materials from $435.00 to $500.00 and gave the stock a “positive” rating in a research report on Thursday, April 9th. Twenty-seven research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, Applied Materials presently has a consensus rating of “Moderate Buy” and a consensus target price of $470.13.

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.