Applied Materials, Inc. $AMAT Position Increased by One Way Holdings LLC

One Way Holdings LLC lifted its position in Applied Materials, Inc. (NASDAQ:AMAT) by 9.0% in the third quarter, HoldingsChannel.com reports. The firm owned 42,536 shares of the manufacturing equipment provider’s stock after acquiring an additional 3,522 shares during the period. One Way Holdings LLC’s holdings in Applied Materials were worth $21,752,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AMAT. State Street Corp lifted its holdings in shares of Applied Materials by 85.4% during the 2nd quarter. State Street Corp now owns 69,525,842 shares of the manufacturing equipment provider’s stock worth $50,267,184,000 after acquiring an additional 32,018,892 shares during the period. Bank of America Corp DE acquired a new stake in shares of Applied Materials during the 2nd quarter valued at about $5,252,863,000. Jupiter Topco LLC bought a new stake in Applied Materials in the second quarter valued at about $1,512,287,000. Amundi increased its stake in Applied Materials by 19.0% in the second quarter. Amundi now owns 7,808,207 shares of the manufacturing equipment provider’s stock valued at $5,645,344,000 after acquiring an additional 1,246,876 shares during the period. Finally, BlackRock Inc. raised its position in Applied Materials by 1.6% in the second quarter. BlackRock Inc. now owns 80,212,518 shares of the manufacturing equipment provider’s stock worth $57,993,650,000 after purchasing an additional 1,237,685 shares in the last quarter. 80.56% of the stock is owned by institutional investors.

Insider Activity at Applied Materials

In related news, CAO Adam Sanders sold 725 shares of the company’s stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $544.56, for a total transaction of $394,806.00. Following the transaction, the chief accounting officer owned 3,181 shares in the company, valued at $1,732,245.36. This represents a 18.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Judy Bruner sold 1,000 shares of the stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $465.00, for a total transaction of $465,000.00. Following the sale, the director directly owned 25,544 shares in the company, valued at approximately $11,877,960. This represents a 3.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 9,225 shares of company stock valued at $4,454,181 over the last ninety days. 0.30% of the stock is owned by insiders.

Applied Materials Stock Performance

NASDAQ:AMAT opened at $390.09 on Monday. Applied Materials, Inc. has a 1 year low of $203.40 and a 1 year high of $739.67. The firm has a 50 day moving average of $457.66 and a 200-day moving average of $443.63. The company has a current ratio of 2.42, a quick ratio of 1.79 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $309.58 billion, a P/E ratio of 33.63, a price-to-earnings-growth ratio of 1.09 and a beta of 1.67.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings data on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.40 by $0.10. The firm had revenue of $9.12 billion during the quarter, compared to the consensus estimate of $8.99 billion. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%. The business’s revenue for the quarter was up 24.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.48 EPS. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. As a group, sell-side analysts anticipate that Applied Materials, Inc. will post 12.79 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Thursday, November 19th will be issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, November 19th. Applied Materials’s payout ratio is currently 18.28%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on AMAT shares. Seaport Research Partners reaffirmed a “buy” rating and set a $575.00 price objective (up from $500.00) on shares of Applied Materials in a report on Friday, August 14th. Needham & Company LLC cut their target price on Applied Materials from $740.00 to $580.00 and set a “buy” rating for the company in a research report on Friday, October 16th. Zacks Research lowered Applied Materials from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 15th. Weiss Ratings lowered Applied Materials from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, September 9th. Finally, Argus set a $600.00 price target on Applied Materials and gave the company a “buy” rating in a research report on Tuesday, August 18th. Thirty research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, Applied Materials currently has an average rating of “Moderate Buy” and a consensus price target of $632.70.

Applied Materials Company Profile

Applied Materials, Inc is a technology company that supplies equipment, services and software used to manufacture semiconductors and advanced displays. Its products help customers fabricate the integrated circuits and other components used in computers, mobile devices, data centers, automobiles and a range of connected technologies.

The company’s offerings include systems for materials engineering, wafer fabrication, inspection and process control, along with equipment and services designed to improve manufacturing productivity and yield.