9,715 Applied Materials, Inc. $AMAT Shares Bought by Fulcrum Asset Management LLP

Fulcrum Asset Management LLP raised its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 209.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,355 shares of the manufacturing equipment provider’s stock after purchasing an additional 9,715 shares during the quarter. Fulcrum Asset Management LLP’s holdings in Applied Materials were worth $7,350,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Allspring Global Investments Holdings LLC increased its stake in shares of Applied Materials by 12.1% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 73,199 shares of the manufacturing equipment provider’s stock valued at $38,744,000 after buying an additional 7,888 shares during the period. StoneRidge PMG Advisors LLC bought a new stake in shares of Applied Materials during the third quarter worth $1,664,000. Burton Enright Welch lifted its stake in shares of Applied Materials by 431.9% during the third quarter. Burton Enright Welch now owns 4,037 shares of the manufacturing equipment provider’s stock valued at $2,064,000 after acquiring an additional 3,278 shares during the period. Bryn Mawr Trust Advisors LLC lifted its stake in shares of Applied Materials by 0.5% during the third quarter. Bryn Mawr Trust Advisors LLC now owns 18,176 shares of the manufacturing equipment provider’s stock valued at $9,295,000 after acquiring an additional 87 shares during the period. Finally, Family Capital Management Inc. boosted its holdings in Applied Materials by 7.1% in the third quarter. Family Capital Management Inc. now owns 4,130 shares of the manufacturing equipment provider’s stock valued at $2,112,000 after acquiring an additional 273 shares during the last quarter. 80.56% of the stock is currently owned by institutional investors.

Trending Headlines about Applied Materials

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

• Positive Sentiment: A rally in chip-equipment shares is lifting AMAT ahead of its fiscal fourth-quarter results, scheduled for November 12. The sector move followed Lam Research’s announcement of a $25 billion share buyback. Article: Applied Materials Stocks Rise as Chip Equipment Rallies Ahead of Earnings
• Positive Sentiment: AI-related equipment demand and growth in advanced packaging are cited as longer-term supports for Applied Materials, despite the recent pullback in chip stocks. Article: AMAT Shares Plunge 30% in a Month: Should You Buy, Sell or Hold?
• Neutral Sentiment: The upcoming results are a key near-term catalyst: investors will assess whether demand and equipment-spending expectations hold up in a more cautious investment environment. Article: Applied Materials Stocks Fall Before a Revenue Test
• Negative Sentiment: The rebound follows a sharp chip-stock sell-off, with investors worried that data-center spending could slow; weak Qualcomm guidance added to sector concerns. AMAT also recently faced pressure after an analyst downgrade. Article: Chip Stock Rout Deepens Article: Applied Materials Stock Falls After Analyst Downgrade

Wall Street Analyst Weigh In

AMAT has been the subject of a number of research reports. The Goldman Sachs Group lifted their price objective on Applied Materials from $645.00 to $670.00 and gave the stock a “buy” rating in a research report on Friday, August 14th. Bank of America dropped their price objective on Applied Materials from $720.00 to $650.00 and set a “buy” rating for the company in a report on Friday, August 14th. Wall Street Zen upgraded shares of Applied Materials from a “hold” rating to a “buy” rating in a research report on Saturday, September 26th. Erste Group Bank downgraded shares of Applied Materials from a “buy” rating to a “hold” rating in a research report on Wednesday, August 5th. Finally, Sanford C. Bernstein raised their target price on shares of Applied Materials from $675.00 to $700.00 and gave the company an “outperform” rating in a research note on Friday, August 14th. Thirty investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $632.01.

Insider Buying and Selling

In related news, CAO Adam Sanders sold 725 shares of Applied Materials stock in a transaction that occurred on 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 of the company’s stock, valued at $1,732,245.36. This trade represents a 18.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Brice Hill sold 7,500 shares of the business’s stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $479.25, for a total transaction of $3,594,375.00. Following the transaction, the chief financial officer owned 128,613 shares of the company’s stock, valued at approximately $61,637,780.25. This represents a 5.51% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 9,225 shares of company stock valued at $4,454,181 in the last 90 days. 0.30% of the stock is owned by insiders.

Applied Materials Stock Down 0.0%

Shares of Applied Materials stock opened at $332.71 on Monday. The business has a fifty day simple moving average of $444.84 and a 200 day simple moving average of $444.66. The stock has a market cap of $264.04 billion, a PE ratio of 28.68, a price-to-earnings-growth ratio of 0.65 and a beta of 1.67. 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 12 month low of $203.40 and a 12 month high of $739.67.

Applied Materials (NASDAQ:AMAT) last released its earnings results 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 firm 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 quarterly revenue was up 24.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.48 earnings per share. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. Research analysts predict that Applied Materials, Inc. will post 12.79 EPS for the current year.

Applied Materials Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Thursday, November 19th will be given a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Thursday, November 19th. Applied Materials’s dividend payout ratio (DPR) is currently 18.28%.

Applied Materials Company Profile

Applied Materials, Inc develops and supplies equipment, software and services used to manufacture semiconductors and advanced displays. Its technologies help customers build and process materials at the microscopic scale required for chips and other electronic products.

The company’s offerings include systems for depositing, removing and modifying materials, as well as inspection, measurement and process-control tools. It also provides equipment and services for advanced semiconductor packaging and supports customers with maintenance, upgrades and manufacturing software.

Founded in 1967 and headquartered in Santa Clara, California, Applied Materials serves semiconductor and display manufacturers around the world.