Talos Eurisko Asset Management LP Acquires Shares of 140,600 Applied Materials, Inc. $AMAT

Talos Eurisko Asset Management LP bought a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 140,600 shares of the manufacturing equipment provider’s stock, valued at approximately $28,786,000. Applied Materials makes up approximately 5.5% of Talos Eurisko Asset Management LP’s portfolio, making the stock its 7th biggest position.

A number of other institutional investors have also recently modified their holdings of AMAT. Brighton Jones LLC increased its position 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 buying an additional 2,771 shares in the last quarter. Sivia Capital Partners LLC grew its stake 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 acquiring an additional 679 shares during the period. Forefront Wealth Partners LLC purchased a new stake in Applied Materials in the 2nd quarter worth $410,000. Schnieders Capital Management LLC. increased its holdings 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 worth $2,747,000 after acquiring an additional 3,469 shares in the last quarter. Finally, Prosperity Consulting Group LLC raised its position in Applied Materials by 12.9% during the second quarter. Prosperity Consulting Group LLC now owns 1,864 shares of the manufacturing equipment provider’s stock worth $341,000 after acquiring an additional 213 shares during the period. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Applied Materials news, CFO Brice Hill sold 5,000 shares of the firm’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $361.21, for a total transaction of $1,806,050.00. Following the completion of the sale, the chief financial officer owned 138,565 shares of the company’s stock, valued at $50,051,063.65. This trade represents a 3.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Adam Sanders sold 534 shares of the company’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $379.16, for a total value of $202,471.44. Following the completion of the transaction, the chief accounting officer directly owned 4,625 shares in the company, valued at approximately $1,753,615. This trade represents a 10.35% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 12,003 shares of company stock valued at $4,484,189. 0.30% of the stock is currently owned by company insiders.

Applied Materials Stock Up 1.8%

Shares of AMAT opened at $357.76 on Thursday. Applied Materials, Inc. has a 52-week low of $123.74 and a 52-week high of $395.95. The company has a quick ratio of 1.94, a current ratio of 2.71 and a debt-to-equity ratio of 0.30. The stock has a fifty day simple moving average of $323.33 and a two-hundred day simple moving average of $253.74. The company has a market capitalization of $283.92 billion, a PE ratio of 36.62, a price-to-earnings-growth ratio of 1.59 and a beta of 1.65.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings data on Thursday, February 12th. The manufacturing equipment provider reported $2.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.21 by $0.17. Applied Materials had a net margin of 27.78% and a return on equity of 37.52%. The firm had revenue of $7.01 billion during the quarter, compared to analyst estimates of $6.88 billion. During the same quarter in the prior year, the firm posted $2.38 earnings per share. Applied Materials’s quarterly revenue was down 2.1% on a year-over-year basis. Applied Materials has set its Q2 2026 guidance at 2.440-2.840 EPS. As a group, equities analysts forecast that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Thursday, February 19th will be issued a dividend of $0.46 per share. The ex-dividend date is Thursday, February 19th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.5%. Applied Materials’s dividend payout ratio (DPR) is currently 18.83%.

Analysts Set New Price Targets

Several analysts have recently issued reports on AMAT shares. Evercore reiterated an “outperform” rating and issued a $290.00 target price on shares of Applied Materials in a research report on Friday, November 14th. Weiss Ratings upgraded Applied Materials from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, December 29th. KeyCorp increased their target price on Applied Materials from $380.00 to $450.00 and gave the company an “overweight” rating in a report on Friday, February 13th. UBS Group set a $430.00 price target on Applied Materials in a research note on Friday, February 13th. Finally, Stifel Nicolaus increased their price objective on Applied Materials from $340.00 to $450.00 and gave the company a “buy” rating in a research note on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Applied Materials presently has an average rating of “Moderate Buy” and an average target price of $363.46.

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.