Generali Investments Towarzystwo Funduszy Inwestycyjnych Has $3.26 Million Stake in Applied Materials, Inc. $AMAT

Generali Investments Towarzystwo Funduszy Inwestycyjnych lowered its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 41.9% during the first quarter, HoldingsChannel.com reports. The fund owned 9,550 shares of the manufacturing equipment provider’s stock after selling 6,900 shares during the quarter. Applied Materials accounts for about 1.7% of Generali Investments Towarzystwo Funduszy Inwestycyjnych’s holdings, making the stock its 17th biggest position. Generali Investments Towarzystwo Funduszy Inwestycyjnych’s holdings in Applied Materials were worth $3,264,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in AMAT. Capital Research Global Investors boosted its position in shares of Applied Materials by 119.8% during the 4th quarter. Capital Research Global Investors now owns 32,707,049 shares of the manufacturing equipment provider’s stock valued at $8,405,458,000 after purchasing an additional 17,829,377 shares in the last quarter. Norges Bank bought a new stake in Applied Materials in the fourth quarter worth approximately $2,858,543,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Applied Materials by 617.2% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,129,483 shares of the manufacturing equipment provider’s stock valued at $1,869,170,000 after buying an additional 7,856,576 shares during the period. Ameriprise Financial Inc. lifted its stake in Applied Materials by 40.1% in the third quarter. Ameriprise Financial Inc. now owns 12,520,114 shares of the manufacturing equipment provider’s stock valued at $2,563,376,000 after buying an additional 3,583,751 shares during the period. Finally, Auto Owners Insurance Co boosted its holdings in shares of Applied Materials by 25,824.4% during the 4th quarter. Auto Owners Insurance Co now owns 3,370,167 shares of the manufacturing equipment provider’s stock worth $86,610,000 after buying an additional 3,357,167 shares in the last quarter. 80.56% of the stock is owned by institutional investors.

Applied Materials Price Performance

Shares of AMAT opened at $668.00 on Friday. Applied Materials, Inc. has a 12-month low of $154.46 and a 12-month high of $669.22. The business’s fifty day moving average is $468.89 and its 200 day moving average is $375.60. 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 stock has a market cap of $530.37 billion, a P/E ratio of 62.72, a P/E/G ratio of 1.64 and a beta of 1.67.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.68 by $0.18. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The business had revenue of $7.91 billion during the quarter, compared to the consensus estimate of $7.68 billion. During the same quarter last year, the firm posted $2.39 EPS. Applied Materials’s revenue 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. Sell-side analysts anticipate 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. Stockholders of record on Thursday, August 20th will be given 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 dividend yield of 0.3%. Applied Materials’s payout ratio is presently 19.91%.

Analysts Set New Price Targets

AMAT has been the subject of several recent analyst reports. Seaport Research Partners initiated coverage on shares of Applied Materials in a research report on Monday, May 4th. They set a “buy” rating and a $500.00 price objective for the company. Morgan Stanley reiterated an “equal weight” rating and set a $502.00 target price (up from $454.00) on shares of Applied Materials in a research report on Friday, May 15th. Sanford C. Bernstein restated an “outperform” rating and issued a $525.00 price target on shares of Applied Materials in a report on Friday, May 15th. Cantor Fitzgerald lifted their price target on shares of Applied Materials from $575.00 to $650.00 and gave the company an “overweight” rating in a research note on Wednesday, June 10th. Finally, Raymond James Financial set a $650.00 price objective on shares of Applied Materials in a report on Wednesday, June 10th. Twenty-seven equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, Applied Materials currently has a consensus rating of “Moderate Buy” and a consensus target price of $509.65.

Key Applied Materials News

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

• Positive Sentiment: Applied Materials unveiled new systems for DRAM and advanced packaging, including tools for higher-yield chip stacking and wafer metrology, strengthening its position in AI chip manufacturing. Applied Materials Introduces New Systems to Accelerate DRAM and Advanced Packaging for AI Chips
• Positive Sentiment: Analyst commentary has turned more upbeat, with Wells Fargo raising its price target sharply and other coverage pointing to continued strength in semiconductor equipment demand and AI infrastructure spending. Is Applied Materials (AMAT) the Best All-Time High Stock with Legs to Rally Further?
• Positive Sentiment: Broader AI-chip optimism also helped sentiment across the sector, with Micron-led strength reinforcing the idea that memory and chip-equipment names could benefit from the next leg of AI spending. Micron Sparks Fresh AI Stock Rally
• Neutral Sentiment: Short interest data showed no meaningful bearish positioning change, so this does not appear to be a driver of the stock move. Applied Materials stock information

Insider Buying and Selling

In other news, insider Prabu G. Raja sold 10,000 shares of the stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $633.53, for a total value of $6,335,300.00. Following the completion of the sale, the insider directly owned 346,642 shares of the company’s stock, valued at $219,608,106.26. This represents a 2.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Thomas J. Iannotti sold 9,250 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $599.77, for a total value of $5,547,872.50. Following the completion of the transaction, the director owned 40,559 shares in the company, valued at $24,326,071.43. This represents a 18.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 199,767 shares of company stock worth $114,104,709 over the last ninety days. Insiders own 0.30% of the company’s stock.

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.