Applied Materials, Inc. $AMAT Stake Trimmed by Osterweis Capital Management Inc.

Osterweis Capital Management Inc. cut its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 42.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 81,318 shares of the manufacturing equipment provider’s stock after selling 60,814 shares during the quarter. Applied Materials accounts for 2.8% of Osterweis Capital Management Inc.’s investment portfolio, making the stock its 6th largest position. Osterweis Capital Management Inc.’s holdings in Applied Materials were worth $58,793,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Caldwell Investment Management Ltd. purchased a new position in shares of Applied Materials in the 2nd quarter valued at $1,589,000. Evolve Private Wealth LLC lifted its stake in Applied Materials by 59.0% in the first quarter. Evolve Private Wealth LLC now owns 2,875 shares of the manufacturing equipment provider’s stock valued at $983,000 after buying an additional 1,067 shares during the last quarter. WealthPlan Investment Management LLC acquired a new stake in shares of Applied Materials in the fourth quarter valued at approximately $1,082,000. Ameritas Advisory Services LLC boosted its stake in Applied Materials by 183.7% during the 4th quarter. Ameritas Advisory Services LLC now owns 3,073 shares of the manufacturing equipment provider’s stock worth $790,000 after purchasing an additional 1,990 shares during the period. Finally, Handelsbanken Fonder AB increased its position in Applied Materials by 29.6% in the 2nd quarter. Handelsbanken Fonder AB now owns 462,685 shares of the manufacturing equipment provider’s stock valued at $334,521,000 after acquiring an additional 105,776 shares during the period. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Trading Down 0.1%

Shares of Applied Materials stock opened at $479.76 on Thursday. The firm has a market cap of $380.74 billion, a PE ratio of 41.36, a P/E/G ratio of 1.03 and a beta of 1.61. The company has a quick ratio of 1.79, a current ratio of 2.42 and a debt-to-equity ratio of 0.20. Applied Materials, Inc. has a fifty-two week low of $154.46 and a fifty-two week high of $739.67. The business’s fifty day moving average is $556.61 and its two-hundred day moving average is $455.61.

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

Applied Materials Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be issued 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 0.4%. Applied Materials’s dividend payout ratio is 18.28%.

Analyst Ratings Changes

Several analysts have recently commented on AMAT shares. HC Wainwright set a $850.00 target price on shares of Applied Materials in a research note on Monday, June 29th. Stifel Nicolaus increased their price target on shares of Applied Materials from $530.00 to $650.00 and gave the stock a “buy” rating in a report on Friday, July 10th. KeyCorp raised their price objective on shares of Applied Materials from $550.00 to $750.00 and gave the company an “overweight” rating in a research report on Monday, June 29th. HSBC reissued a “buy” rating and issued a $683.00 price target on shares of Applied Materials in a report on Monday, July 27th. Finally, B. Riley Financial restated a “buy” rating and issued a $700.00 price target (down from $790.00) on shares of Applied Materials in a research note on Friday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $657.76.

Applied Materials News Roundup

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

• Positive Sentiment: AI infrastructure is supporting a new growth cycle. Chipmakers are increasing spending on advanced DRAM, high-bandwidth memory, leading-edge logic and advanced packaging—all areas that benefit Applied Materials’ semiconductor equipment business. The company’s latest quarter showed revenue growth of 24.8% year over year, with earnings and revenue exceeding analyst expectations. Applied Materials Enters a New AI-Driven Growth Cycle
• Positive Sentiment: Services and parts demand remain resilient. Applied Materials’ Applied Global Services (AGS) division reportedly reached record revenue and expanded margins, helped by subscription services, parts demand and higher semiconductor-fab utilization. This recurring revenue can provide stability across equipment cycles. AMAT’s AGS Business Gains Momentum
• Positive Sentiment: Analysts see potential upside after the recent selloff. Consensus price targets imply roughly 35% upside, while another report cited an average target near $641. However, these targets depend on continued earnings-estimate improvements and sustained AI spending. Analyst Upside Potential for AMAT
• Neutral Sentiment: Mizuho remains constructive but lowered its target. The firm reduced its price target from $650 to $590 while maintaining an “outperform” rating, reflecting a more cautious near-term outlook despite expected upside. Mizuho AMAT Price Target Update
• Negative Sentiment: China exposure is the main overhang. Tighter export controls and the emergence of Chinese domestic immersion DUV lithography systems are raising concerns about Applied Materials’ competitiveness and future China sales. Reports caution that not all of the company’s approximately $2.087 billion in quarterly China revenue is immediately threatened, but investors are still pricing in greater regulatory and competitive risk. Applied Materials’ China Problem Is Getting Worse

Insider Transactions at Applied Materials

In other news, SVP Timothy M. Deane sold 8,621 shares of the stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $590.76, for a total value of $5,092,941.96. Following the completion of the transaction, the senior vice president directly owned 134,631 shares in the company, valued at $79,534,609.56. This trade represents a 6.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 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 value of $14,704,400.00. Following the transaction, the chief executive officer directly owned 1,599,843 shares in the company, valued at approximately $1,176,236,570.46. The trade was a 1.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 276,692 shares of company stock valued at $169,030,834 over the last three months. 0.30% of the stock is currently owned by company insiders.

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.