Applied Materials, Inc. $AMAT Shares Sold by Guyasuta Investment Advisors Inc.

Guyasuta Investment Advisors Inc. lowered its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 1.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 113,665 shares of the manufacturing equipment provider’s stock after selling 1,737 shares during the period. Applied Materials makes up 2.2% of Guyasuta Investment Advisors Inc.’s holdings, making the stock its 15th largest position. Guyasuta Investment Advisors Inc.’s holdings in Applied Materials were worth $38,849,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Legacy Wealth Partners LLC bought a new position in shares of Applied Materials in the first quarter worth $205,000. Great Waters Wealth Management acquired a new position in shares of Applied Materials during the first quarter valued at $224,000. Krilogy Financial LLC raised its stake in shares of Applied Materials by 13.7% during the first quarter. Krilogy Financial LLC now owns 7,382 shares of the manufacturing equipment provider’s stock valued at $2,523,000 after purchasing an additional 889 shares in the last quarter. WealthBridge Capital Management LLC raised its stake in shares of Applied Materials by 24.8% during the first quarter. WealthBridge Capital Management LLC now owns 1,422 shares of the manufacturing equipment provider’s stock valued at $486,000 after purchasing an additional 283 shares in the last quarter. Finally, Signal Advisors Wealth LLC lifted its holdings in Applied Materials by 241.1% in the first quarter. Signal Advisors Wealth LLC now owns 7,702 shares of the manufacturing equipment provider’s stock worth $2,632,000 after purchasing an additional 5,444 shares during the period. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Price Performance

NASDAQ:AMAT opened at $585.88 on Wednesday. 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 business’s 50-day moving average price is $459.63 and its 200 day moving average price is $370.55. Applied Materials, Inc. has a 52-week low of $154.46 and a 52-week high of $641.18. The firm has a market cap of $465.17 billion, a P/E ratio of 55.01, a PEG ratio of 1.78 and a beta of 1.67.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, beating analysts’ consensus estimates of $2.68 by $0.18. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The company had revenue of $7.91 billion during the quarter, compared to the consensus estimate of $7.68 billion. During the same period in the prior year, the company earned $2.39 EPS. Applied Materials’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, sell-side analysts predict that Applied Materials, Inc. will post 12.1 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be paid a dividend of $0.53 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.12 annualized dividend and a yield of 0.4%. Applied Materials’s dividend payout ratio is currently 19.91%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. B. Riley Financial increased their target price on shares of Applied Materials from $530.00 to $550.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Susquehanna boosted their price target on shares of Applied Materials from $435.00 to $500.00 and gave the stock a “positive” rating in a research report on Thursday, April 9th. TD Cowen upped their price target on shares of Applied Materials from $450.00 to $525.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Jefferies Financial Group increased their price objective on shares of Applied Materials from $415.00 to $510.00 and gave the company a “buy” rating in a report on Friday, May 15th. Finally, Truist Financial set a $575.00 price objective on shares of Applied Materials in a research note on Thursday, May 28th. Twenty-seven equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $501.26.

More Applied Materials News

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

• Positive Sentiment: Wells Fargo upgraded Applied Materials to Buy, adding to a growing list of bullish analyst calls and reinforcing confidence in the company’s growth outlook.
• Positive Sentiment: Applied Materials unveiled two new chipmaking systems for next-generation AI chips, highlighting new product momentum in its core semiconductor equipment business and potential demand tied to AI infrastructure.
• Positive Sentiment: Recent commentary and analyst notes continue to suggest AI-driven semiconductor spending could support Applied Materials’ premium valuation and future earnings growth.
• Neutral Sentiment: Insider Prabu G. Raja sold 10,000 shares, a disclosure that may get attention but does not by itself signal a change in the company’s fundamentals.
• Negative Sentiment: Applied Materials fell alongside other chip names after a report that SK Hynix is slowing HBM expansion, which raised concerns about near-term AI-chip demand across the sector.
• Negative Sentiment: Some market coverage also flagged AMAT’s valuation as stretched after a strong rally, suggesting investors may be more sensitive to any slowdown in growth expectations.

Insider Buying and Selling at Applied Materials

In related news, insider Prabu G. Raja sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $633.53, for a total transaction of $6,335,300.00. Following the completion of the sale, the insider directly owned 346,642 shares in the company, valued at approximately $219,608,106.26. This trade represents a 2.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Timothy M. Deane sold 8,621 shares of Applied Materials stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $590.76, for a total transaction of $5,092,941.96. Following the completion of the transaction, the senior vice president owned 134,631 shares in the company, valued at approximately $79,534,609.56. This trade represents a 6.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 199,767 shares of company stock valued at $114,104,709. Corporate 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.