331,922 Shares in Applied Materials, Inc. $AMAT Purchased by Fideuram Intesa Sanpaolo Private Banking S.P.A.

Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 331,922 shares of the manufacturing equipment provider’s stock, valued at approximately $85,301,000. Applied Materials comprises approximately 3.1% of Fideuram Intesa Sanpaolo Private Banking S.P.A.’s portfolio, making the stock its 4th largest position.

Several other hedge funds have also recently bought and sold shares of the company. PNC Financial Services Group Inc. lifted its stake in Applied Materials by 0.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 498,238 shares of the manufacturing equipment provider’s stock worth $128,042,000 after acquiring an additional 3,463 shares in the last quarter. Saranac Partners Ltd lifted its stake in Applied Materials by 3.8% during the 4th quarter. Saranac Partners Ltd now owns 24,487 shares of the manufacturing equipment provider’s stock worth $6,316,000 after acquiring an additional 900 shares in the last quarter. GSA Capital Partners LLP lifted its stake in Applied Materials by 84.4% during the 4th quarter. GSA Capital Partners LLP now owns 3,266 shares of the manufacturing equipment provider’s stock worth $839,000 after acquiring an additional 1,495 shares in the last quarter. Larson Financial Group LLC lifted its stake in Applied Materials by 0.3% during the 4th quarter. Larson Financial Group LLC now owns 122,269 shares of the manufacturing equipment provider’s stock worth $31,422,000 after acquiring an additional 388 shares in the last quarter. Finally, Profund Advisors LLC lifted its stake in Applied Materials by 5.8% during the 4th quarter. Profund Advisors LLC now owns 117,916 shares of the manufacturing equipment provider’s stock worth $30,303,000 after acquiring an additional 6,490 shares in the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Insider Transactions at Applied Materials

In other news, CAO Adam Sanders sold 534 shares of the stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $379.16, for a total value of $202,471.44. Following the transaction, the chief accounting officer owned 4,625 shares in the company, valued at approximately $1,753,615. This represents a 10.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Judy Bruner sold 3,969 shares of the stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $377.02, for a total value of $1,496,392.38. Following the completion of the transaction, the director owned 28,589 shares in the company, valued at approximately $10,778,624.78. The trade was a 12.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 7,003 shares of company stock worth $2,678,139. Company insiders own 0.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on AMAT shares. Argus upped their price target on Applied Materials from $420.00 to $500.00 and gave the stock a “buy” rating in a report on Tuesday, May 19th. Deutsche Bank Aktiengesellschaft upped their price target on Applied Materials from $450.00 to $550.00 and gave the stock a “buy” rating in a report on Friday, May 15th. UBS Group upped their price target on Applied Materials from $480.00 to $515.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Morgan Stanley restated an “equal weight” rating and set a $502.00 price target (up from $454.00) on shares of Applied Materials in a report on Friday, May 15th. Finally, KeyCorp upped their price target on Applied Materials from $450.00 to $550.00 and gave the stock an “overweight” rating in a report on Friday, May 15th. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, Applied Materials presently has an average rating of “Moderate Buy” and an average price target of $465.14.

Applied Materials Price Performance

Shares of NASDAQ AMAT opened at $432.16 on Friday. The stock’s 50-day moving average is $387.09 and its two-hundred day moving average is $326.06. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.51 and a quick ratio of 1.80. Applied Materials, Inc. has a 1-year low of $153.47 and a 1-year high of $448.45. The company has a market cap of $342.97 billion, a price-to-earnings ratio of 40.58, a price-to-earnings-growth ratio of 1.21 and a beta of 1.66.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, beating analysts’ consensus estimates of $2.68 by $0.18. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The business had revenue of $7.91 billion for the quarter, compared to the consensus estimate of $7.68 billion. During the same quarter in the prior year, the business posted $2.39 EPS. The business’s revenue for the quarter was up 11.4% on a year-over-year basis. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Analysts forecast that Applied Materials, Inc. will post 12.02 EPS for the current fiscal year.

Applied Materials Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Thursday, May 21st 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 is Thursday, May 21st. This is an increase from Applied Materials’s previous quarterly dividend of $0.46. Applied Materials’s dividend payout ratio (DPR) is currently 19.91%.

Key Applied Materials News

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

• Positive Sentiment: Applied Materials’ new collaboration with Broadcom boosts its AI packaging story and highlights its importance in next-generation semiconductor manufacturing. Why Applied Materials (AMAT) Stock Is Up Today
• Positive Sentiment: Investor sentiment remains constructive, with traders noting strong semiconductor sector momentum, improving technicals, and continued AI infrastructure demand supporting AMAT. Applied Materials Stock (AMAT) Opinions on Semiconductor Gains
• Positive Sentiment: Wall Street still appears bullish on AMAT, with multiple recent buy/overweight ratings and price targets clustered well above current levels, reinforcing the stock’s longer-term upside case.
• Neutral Sentiment: Broader coverage continues to frame Applied Materials as a key beneficiary of AI and advanced packaging trends, but some of the related articles are commentary rather than new company-specific developments. Applied Materials (AMAT): “The Arms Dealer of the Semiconductor Revolution”
• Neutral Sentiment: Recent articles also highlighted the stock’s strong multi-year performance and its role among semiconductor equipment peers, which may support investor attention but do not add a major new catalyst. Here’s How Much You’d Have If You Invested $1000 in Applied Materials a Decade Ago
• Negative Sentiment: One potential overhang is continued insider selling over the past six months, which can sometimes weigh on sentiment even when fundamentals remain strong.

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.