Quantbot Technologies LP Buys 4,324 Shares of Applied Materials, Inc. $AMAT

Quantbot Technologies LP increased its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 61.3% in the second quarter, Holdings Channel.com reports. The firm owned 11,373 shares of the manufacturing equipment provider’s stock after purchasing an additional 4,324 shares during the quarter. Quantbot Technologies LP’s holdings in Applied Materials were worth $8,223,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in shares of Applied Materials by 28.0% in the fourth quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock valued at $2,061,000 after purchasing an additional 2,771 shares in the last quarter. Sivia Capital Partners LLC raised its position in Applied Materials by 26.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,225 shares of the manufacturing equipment provider’s stock valued at $590,000 after buying an additional 679 shares during the last quarter. Forefront Wealth Partners LLC acquired a new stake in Applied Materials in the 2nd quarter valued at approximately $410,000. Schnieders Capital Management LLC. lifted its stake in Applied Materials by 30.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 15,003 shares of the manufacturing equipment provider’s stock valued at $2,747,000 after acquiring an additional 3,469 shares in the last quarter. Finally, Sei Investments Co. lifted its stake in Applied Materials by 59.3% in the 2nd quarter. Sei Investments Co. now owns 422,694 shares of the manufacturing equipment provider’s stock valued at $77,383,000 after acquiring an additional 157,426 shares in the last quarter. Institutional investors own 80.56% of the company’s stock.

Insider Buying and Selling

In related news, CEO Gary E. Dickerson sold 20,000 shares of the stock in a transaction that occurred on 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 sale, the chief executive officer owned 1,599,843 shares of the company’s stock, valued at $1,176,236,570.46. This represents a 1.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Thomas J. Iannotti sold 9,250 shares of the stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $599.77, for a total value of $5,547,872.50. Following the sale, the director directly owned 40,559 shares in the company, valued at approximately $24,326,071.43. This trade represents a 18.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 276,692 shares of company stock valued at $169,030,834 in the last 90 days. 0.30% of the stock is currently owned by corporate insiders.

Applied Materials Stock Down 1.7%

AMAT opened at $484.19 on Tuesday. The stock’s fifty day simple moving average is $560.64 and its 200 day simple moving average is $453.08. Applied Materials, Inc. has a 1-year low of $154.46 and a 1-year high of $739.67. The stock has a market cap of $384.25 billion, a PE ratio of 41.74, a price-to-earnings-growth ratio of 1.06 and a beta of 1.61. The company has a current ratio of 2.42, a quick ratio of 1.79 and a debt-to-equity ratio of 0.20.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings data on Thursday, August 13th. The manufacturing equipment provider reported $3.50 EPS for the quarter, topping analysts’ consensus estimates of $3.40 by $0.10. The firm had revenue of $9.12 billion during the quarter, compared to analysts’ expectations of $8.99 billion. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The company’s revenue for the quarter was up 24.8% compared to the same quarter last year. During the same period in the previous year, the business posted $2.48 earnings per share. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. As a group, research analysts expect that Applied Materials, Inc. will post 12.73 earnings per share for the current year.

Applied Materials Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be issued a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, August 20th. Applied Materials’s dividend payout ratio (DPR) is presently 18.28%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on AMAT. UBS Group set a $675.00 price target on shares of Applied Materials and gave the stock a “buy” rating in a research note on Friday, August 14th. HSBC reissued a “buy” rating and issued a $683.00 price objective on shares of Applied Materials in a research report on Monday, July 27th. Craig Hallum increased their target price on shares of Applied Materials from $530.00 to $585.00 and gave the stock a “buy” rating in a report on Friday, August 14th. TD Cowen reaffirmed a “buy” rating and issued a $700.00 target price on shares of Applied Materials in a research report on Friday, August 14th. Finally, Bank of America lowered their price target on shares of Applied Materials from $720.00 to $650.00 and set a “buy” rating on the stock in a research note on Friday, August 14th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $659.83.

Applied Materials Company 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.