Applied Materials, Inc. $AMAT Stake Decreased by Sienna Gestion

Sienna Gestion reduced its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 2.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 110,397 shares of the manufacturing equipment provider’s stock after selling 2,824 shares during the period. Applied Materials makes up 1.7% of Sienna Gestion’s holdings, making the stock its 7th biggest position. Sienna Gestion’s holdings in Applied Materials were worth $28,557,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Tradition Wealth Management LLC raised its stake in Applied Materials by 3.1% during the fourth quarter. Tradition Wealth Management LLC now owns 1,031 shares of the manufacturing equipment provider’s stock worth $265,000 after purchasing an additional 31 shares during the period. Hoxton Planning & Management LLC raised its stake in Applied Materials by 1.4% during the fourth quarter. Hoxton Planning & Management LLC now owns 2,208 shares of the manufacturing equipment provider’s stock worth $567,000 after purchasing an additional 31 shares during the period. Godsey & Gibb Inc. raised its stake in Applied Materials by 2.6% during the fourth quarter. Godsey & Gibb Inc. now owns 1,298 shares of the manufacturing equipment provider’s stock worth $334,000 after purchasing an additional 33 shares during the period. Family Capital Management Inc. raised its stake in 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 worth $1,086,000 after purchasing an additional 33 shares during the period. Finally, Denali Advisors LLC raised its stake in Applied Materials by 0.7% during the fourth quarter. Denali Advisors LLC now owns 4,582 shares of the manufacturing equipment provider’s stock worth $1,178,000 after purchasing an additional 34 shares during the period. 80.56% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Applied Materials

In related news, CAO Adam Sanders sold 268 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $434.22, for a total transaction of $116,370.96. Following the sale, the chief accounting officer directly owned 4,280 shares of the company’s stock, valued at $1,858,461.60. This represents a 5.89% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Brice Hill sold 2,500 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $498.86, for a total transaction of $1,247,150.00. Following the sale, the chief financial officer directly owned 136,113 shares in the company, valued at approximately $67,901,331.18. The trade was a 1.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 53,896 shares of company stock worth $27,135,121. 0.30% of the stock is currently owned by company insiders.

More Applied Materials News

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

• Positive Sentiment: Applied Materials unveiled new deposition and selective etch systems designed to improve precision in 3D chip structures, a sign it is targeting growing demand for advanced AI chips and next-generation semiconductor scaling. Applied Materials Unveils Deposition and Selective Etch Systems to Advance 3D Chip Scaling
• Positive Sentiment: Barclays raised its price target on Applied Materials to $590 from $500 and kept an Overweight rating, reflecting higher expectations for wafer fab equipment spending and capital investment trends. Applied Materials (AMAT) Gets Higher Price Targets from Barclays and Cantor Fitzgerald
• Positive Sentiment: Commentary from Jim Cramer and other bullish articles highlighted AMAT as a stock investors may want to own when semiconductor demand strengthens, adding to the day’s favorable sentiment around the name. Jim Cramer Says “I’ll Go for AMAT”
• Neutral Sentiment: Some market commentary warned that the recent rally has pushed Applied Materials to stretched valuation levels, suggesting the stock may be extended after a sharp rebound and could be vulnerable to a pullback if momentum fades. Buy, Hold, or Sell: Applied Materials Surged Right Back Toward $500 Following a Brutal June Flush. Here’s Where I’d Buy
• Neutral Sentiment: A Seeking Alpha piece argued that AMAT is “not cheap enough to buy” but also “too strong to sell,” reinforcing the view that the stock is richly valued but supported by solid fundamentals. Applied Materials: Not Cheap Enough To Buy, Too Strong To Sell
• Negative Sentiment: One market note said AMAT has already rebounded sharply and may be too extended for fresh buying at current levels, which could limit upside if investors become more cautious. Buy, Hold, or Sell: Applied Materials Surged Right Back Toward $500 Following a Brutal June Flush. Here’s Where I’d Buy

Analysts Set New Price Targets

A number of equities analysts have commented on AMAT shares. Royal Bank Of Canada lifted their target price on shares of Applied Materials from $500.00 to $520.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. Wolfe Research lifted their target price on shares of Applied Materials from $500.00 to $550.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $525.00 target price on shares of Applied Materials in a research note on Friday, May 15th. Wells Fargo & Company lifted their target price on shares of Applied Materials from $435.00 to $520.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Finally, Argus lifted their target price on shares of Applied Materials from $420.00 to $500.00 and gave the stock a “buy” rating in a research note on Tuesday, May 19th. Twenty-seven analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $483.03.

Applied Materials Price Performance

Applied Materials stock opened at $585.78 on Tuesday. The company’s 50 day simple moving average is $431.96 and its 200-day simple moving average is $355.90. The company has a market capitalization of $465.09 billion, a price-to-earnings ratio of 55.00, a price-to-earnings-growth ratio of 1.58 and a beta of 1.67. Applied Materials, Inc. has a 1 year low of $154.46 and a 1 year high of $599.62. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.80 and a current ratio of 2.51.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 net margin of 29.31% and a return on equity of 36.97%. The business’s revenue was up 11.4% on a year-over-year basis. During the same period in the previous year, the firm earned $2.39 EPS. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. As a group, equities research analysts expect that Applied Materials, Inc. will post 12.1 earnings per share for the current year.

Applied Materials Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, August 20th. Applied Materials’s payout ratio is 19.91%.

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.