EverSource Wealth Advisors LLC Sells 1,082 Shares of Applied Materials, Inc. $AMAT

EverSource Wealth Advisors LLC trimmed its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 1.9% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 56,093 shares of the manufacturing equipment provider’s stock after selling 1,082 shares during the period. EverSource Wealth Advisors LLC’s holdings in Applied Materials were worth $19,172,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Financial Freedom LLC acquired a new stake in Applied Materials during the 1st quarter valued at $28,000. Cornerstone Financial Management LLC bought a new position in shares of Applied Materials in the fourth quarter valued at about $25,000. Whipplewood Advisors LLC lifted its stake in shares of Applied Materials by 218.8% during the 1st quarter. Whipplewood Advisors LLC now owns 102 shares of the manufacturing equipment provider’s stock worth $35,000 after buying an additional 70 shares during the last quarter. Wilkerson Advisory Group LLC bought a new stake in shares of Applied Materials during the 4th quarter worth about $26,000. Finally, MBM Wealth Consultants LLC bought a new position in Applied Materials in the 1st quarter valued at about $38,000. 80.56% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Applied Materials news, SVP Timothy M. Deane sold 8,621 shares of the firm’s stock in a transaction dated 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 transaction, the senior vice president directly owned 134,631 shares of the company’s stock, valued at $79,534,609.56. This trade represents a 6.02% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Omkaram Nalamasu sold 24,263 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $593.43, for a total transaction of $14,398,392.09. Following the completion of the transaction, the senior vice president owned 146,916 shares of the company’s stock, valued at $87,184,361.88. The trade was a 14.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 278,088 shares of company stock valued at $169,654,805 over the last 90 days. 0.30% of the stock is owned by company insiders.

Key Headlines Impacting Applied Materials

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

• Positive Sentiment: Applied Materials has benefited from AI-driven spending on advanced wafer fabrication and semiconductor manufacturing equipment. A Columbia Threadneedle investor letter highlighted the company’s exposure to long-term AI infrastructure growth. Applied Materials Rose on AI-Driven Wafer Fabrication Spending
• Positive Sentiment: Analysts continue to see potential for Applied Materials to outperform upcoming earnings expectations, supported by demand from AI, cloud computing, memory and storage customers. The company also recently exceeded consensus estimates for revenue and earnings, with revenue growth accelerating year over year.
• Positive Sentiment: Several Wall Street analysts have issued upgrades, while investors point to strong memory-chip demand as a potential catalyst. However, the stock’s elevated valuation leaves it sensitive to any slowdown in growth expectations. Applied Materials Stock Keeps Winning Upgrades
• Neutral Sentiment: Applied Materials was identified as one of several semiconductor companies with a positive earnings-prediction signal ahead of its quarterly report, but the forecast is not a guarantee of results. 3 Semiconductor Stocks Likely to Outpace Q2 Earnings Estimates
• Negative Sentiment: The broader AI-chip group has extended its selloff as investors question whether current AI infrastructure spending can be funded at its current pace. Applied Materials is being pulled lower alongside Nvidia, AMD and other semiconductor stocks. AI Chip Stocks Tumble as Nvidia, AMD Lead Market Selloff Over Spending Fears
• Negative Sentiment: Reports that China is mass-producing domestic immersion DUV lithography equipment raise concerns that local alternatives could reduce demand for U.S. chip-equipment suppliers. Export controls and geopolitical restrictions could further limit Applied Materials’ access to Chinese customers. How China’s Domestic Immersion DUV Push Has Changed Applied Materials’ Investment Story

Applied Materials Trading Down 7.8%

Shares of AMAT stock opened at $476.46 on Wednesday. The stock has a market cap of $378.29 billion, a P/E ratio of 44.74, a price-to-earnings-growth ratio of 1.31 and a beta of 1.57. Applied Materials, Inc. has a 1 year low of $154.46 and a 1 year high of $739.67. The company has a current ratio of 2.51, a quick ratio of 1.80 and a debt-to-equity ratio of 0.22. The stock has a 50 day simple moving average of $547.67 and a 200 day simple moving average of $426.93.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, topping analysts’ consensus estimates of $2.68 by $0.18. The firm had revenue of $7.91 billion for the quarter, compared to analyst estimates of $7.68 billion. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The company’s revenue was up 11.4% on a year-over-year basis. During the same quarter last year, the company earned $2.39 EPS. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. On average, research analysts predict that Applied Materials, Inc. will post 12.14 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, August 20th. Applied Materials’s payout ratio is 19.91%.

Analyst Ratings Changes

AMAT has been the subject of a number of research analyst reports. Weiss Ratings restated a “buy (b-)” rating on shares of Applied Materials in a report on Wednesday, June 24th. Morgan Stanley increased their target price on Applied Materials from $502.00 to $647.00 and gave the stock an “equal weight” rating in a research note on Monday, July 6th. Susquehanna lifted their price target on Applied Materials from $575.00 to $900.00 and gave the stock a “positive” rating in a report on Tuesday, June 30th. Argus boosted their price target on Applied Materials from $420.00 to $500.00 and gave the company a “buy” rating in a research note on Tuesday, May 19th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Applied Materials from $450.00 to $550.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $599.19.

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.