Revolve Wealth Partners LLC Increases Position in Applied Materials, Inc. $AMAT

Revolve Wealth Partners LLC increased its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 100.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,706 shares of the manufacturing equipment provider’s stock after purchasing an additional 1,355 shares during the period. Revolve Wealth Partners LLC’s holdings in Applied Materials were worth $1,956,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Capital Research Global Investors increased its stake in Applied Materials by 119.8% in the 4th quarter. Capital Research Global Investors now owns 32,707,049 shares of the manufacturing equipment provider’s stock worth $8,405,458,000 after buying an additional 17,829,377 shares in the last quarter. Norges Bank purchased a new position in shares of Applied Materials in the fourth quarter valued at about $2,858,543,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of 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 acquiring an additional 7,856,576 shares in the last quarter. Auto Owners Insurance Co boosted its stake in shares of Applied Materials by 25,824.4% in the fourth quarter. Auto Owners Insurance Co now owns 3,370,167 shares of the manufacturing equipment provider’s stock worth $86,610,000 after acquiring an additional 3,357,167 shares during the period. Finally, Coatue Management LLC boosted its stake in shares of Applied Materials by 78.7% in the fourth quarter. Coatue Management LLC now owns 5,984,332 shares of the manufacturing equipment provider’s stock worth $1,537,913,000 after acquiring an additional 2,635,284 shares during the period. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Stifel Nicolaus lifted their target price on Applied Materials from $530.00 to $650.00 and gave the company a “buy” rating in a research note on Friday, July 10th. Bank of America upped their price target on Applied Materials from $540.00 to $720.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. Zacks Research raised shares of Applied Materials from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 1st. Citigroup reiterated a “buy” rating on shares of Applied Materials in a research report on Monday, August 3rd. Finally, Seaport Research Partners assumed coverage on shares of Applied Materials in a report on Monday, May 4th. They issued a “buy” rating and a $500.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $603.23.

Key Applied Materials News

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

• Positive Sentiment: Analysts raised longer-term earnings expectations. An analyst increased the FY2027 EPS forecast, suggesting continued confidence in Applied Materials’ semiconductor-equipment demand and earnings trajectory. FY2027 EPS Forecast for Applied Materials Lifted by Analyst
• Positive Sentiment: AI and data-center investment remain major growth drivers. Applied Materials supplies equipment used to manufacture advanced chips, and potential semiconductor demand from Tesla and SpaceX’s proposed $16.8 billion “Terafab” project could benefit AMAT and other chip-equipment suppliers. The Zacks Analyst Blog Highlights SpaceX, Tesla, KLA Corp, Onto Innovation, Applied Materials and Lam Research
• Positive Sentiment: The investment case includes solid fundamentals and shareholder returns. Coverage highlights AMAT’s AI exposure, broad technology portfolio, strong profitability and dividend history. Its latest reported quarter also exceeded consensus estimates for revenue and EPS, while management provided third-quarter EPS guidance of $3.16 to $3.56. Applied Materials’ dividends: History, yield and payout ratio explained
• Neutral Sentiment: Earnings are the immediate catalyst. Analysts expect approximately $3.39 in Q3 EPS on roughly $9 billion of revenue, while previews emphasize key operating metrics beyond headline results. The stock’s implied earnings move is potentially sizable, increasing short-term volatility. Applied Materials Earnings Preview
• Negative Sentiment: High expectations and valuation leave little room for disappointment. AMAT has rallied significantly over the past year but remains well below its yearly peak. With a reported P/E ratio near 49, investors may be taking profits or reducing exposure ahead of earnings unless the outlook clearly supports current expectations.
• Negative Sentiment: Broader semiconductor-sector volatility is another headwind. Weakness in major equipment stocks, including ASML, following China-related headlines may be weighing on sentiment toward the entire chip-equipment group, even though the recent AMAT coverage is predominantly bullish.

Insiders Place Their Bets

In other news, SVP Omkaram Nalamasu sold 24,263 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $593.43, for a total value of $14,398,392.09. Following the completion of the sale, the senior vice president owned 146,916 shares in the company, valued at approximately $87,184,361.88. This trade represents a 14.17% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Gary E. Dickerson sold 20,000 shares of Applied Materials stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $735.22, for a total transaction of $14,704,400.00. Following the transaction, the chief executive officer directly owned 1,599,843 shares of the company’s stock, valued at approximately $1,176,236,570.46. This represents a 1.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 278,088 shares of company stock valued at $169,654,805. 0.30% of the stock is currently owned by company insiders.

Applied Materials Price Performance

Shares of Applied Materials stock opened at $522.12 on Tuesday. The stock has a market cap of $414.54 billion, a price-to-earnings ratio of 49.03, a price-to-earnings-growth ratio of 1.37 and a beta of 1.61. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.80 and a current ratio of 2.51. The stock has a 50 day moving average price of $560.75 and a 200-day moving average price of $439.93. Applied Materials, Inc. has a one year low of $154.46 and a one year high of $739.67.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings results 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 company had revenue of $7.91 billion for 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% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.39 EPS. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Equities analysts expect that Applied Materials, Inc. will post 12.17 EPS for the current year.

Applied Materials Announces Dividend

The company also recently announced 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. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.12 annualized dividend and a dividend yield of 0.4%. Applied Materials’s dividend payout ratio is currently 19.91%.

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.