Root Financial Partners LLC Has $903,000 Stake in Applied Materials, Inc. $AMAT

Root Financial Partners LLC raised its position in Applied Materials, Inc. (NASDAQ:AMAT) by 78.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,514 shares of the manufacturing equipment provider’s stock after purchasing an additional 1,547 shares during the quarter. Root Financial Partners LLC’s holdings in Applied Materials were worth $903,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Redmont Wealth Advisors LLC bought a new position in Applied Materials in the third quarter valued at approximately $26,000. Highline Wealth Partners LLC increased its position in shares of Applied Materials by 48.7% during the 4th quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock worth $30,000 after purchasing an additional 38 shares during the last quarter. Joseph Group Capital Management acquired a new position in shares of Applied Materials during the 4th quarter worth approximately $31,000. Dogwood Wealth Management LLC increased its position in shares of Applied Materials by 52.4% during the 4th quarter. Dogwood Wealth Management LLC now owns 128 shares of the manufacturing equipment provider’s stock worth $33,000 after purchasing an additional 44 shares during the last quarter. Finally, IMG Wealth Management Inc. increased its position in shares of Applied Materials by 147.2% during the 4th quarter. IMG Wealth Management Inc. now owns 131 shares of the manufacturing equipment provider’s stock worth $34,000 after purchasing an additional 78 shares during the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Trading Up 1.8%

Shares of NASDAQ:AMAT opened at $458.17 on Tuesday. Applied Materials, Inc. has a 12-month low of $154.46 and a 12-month high of $463.88. The stock has a market cap of $363.77 billion, a PE ratio of 43.02, a P/E/G ratio of 1.26 and a beta of 1.67. The business has a 50 day moving average of $399.26 and a 200-day moving average of $335.80. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share (EPS) for the quarter, topping 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 company had revenue of $7.91 billion during the quarter, compared to analysts’ expectations of $7.68 billion. During the same quarter in the previous year, the company posted $2.39 earnings per share. The business’s revenue was up 11.4% on a year-over-year basis. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. As a group, equities research analysts forecast that Applied Materials, Inc. will post 12.02 earnings per share for the current year.

Applied Materials Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Thursday, May 21st will be issued a dividend of $0.53 per share. This is a boost from Applied Materials’s previous quarterly dividend of $0.46. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Thursday, May 21st. Applied Materials’s dividend payout ratio is presently 19.91%.

Wall Street Analysts Forecast Growth

AMAT has been the topic of several recent analyst reports. B. Riley Financial boosted their price target on Applied Materials from $530.00 to $550.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Bank of America boosted their price target on Applied Materials from $465.00 to $540.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Jefferies Financial Group boosted their price target on Applied Materials from $415.00 to $510.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Mizuho boosted their price target on Applied Materials from $500.00 to $540.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 27th. Finally, DZ Bank raised Applied Materials to a “hold” rating in a research report on Monday, February 16th. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $470.13.

More Applied Materials News

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 Buying and Selling

In other news, CAO Adam Sanders sold 268 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $434.22, for a total transaction of $116,370.96. Following the completion of the sale, the chief accounting officer owned 4,280 shares in the company, valued at $1,858,461.60. The trade was a 5.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Judy Bruner sold 1,128 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $450.00, for a total value of $507,600.00. Following the sale, the director owned 26,544 shares of the company’s stock, valued at approximately $11,944,800. This represents a 4.08% decrease in their position. The disclosure for this sale is available in the SEC filing. 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.