Greenland Capital Management LP Reduces Stock Holdings in Applied Materials, Inc. $AMAT

Greenland Capital Management LP lessened its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 82.2% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 944 shares of the manufacturing equipment provider’s stock after selling 4,369 shares during the period. Greenland Capital Management LP’s holdings in Applied Materials were worth $683,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Capital Research Global Investors increased its position in Applied Materials by 119.8% during the fourth quarter. Capital Research Global Investors now owns 32,707,049 shares of the manufacturing equipment provider’s stock worth $8,405,458,000 after buying an additional 17,829,377 shares in the last quarter. Norges Bank acquired a new position in shares of Applied Materials in the fourth quarter worth $2,858,543,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Applied Materials by 617.2% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,129,483 shares of the manufacturing equipment provider’s stock valued at $1,869,170,000 after acquiring an additional 7,856,576 shares in the last quarter. Auto Owners Insurance Co lifted its position in shares of Applied Materials by 25,824.4% in the fourth quarter. Auto Owners Insurance Co now owns 3,370,167 shares of the manufacturing equipment provider’s stock valued at $86,610,000 after acquiring an additional 3,357,167 shares in the last quarter. Finally, Coatue Management LLC boosted its stake in shares of Applied Materials by 78.7% during the fourth quarter. Coatue Management LLC now owns 5,984,332 shares of the manufacturing equipment provider’s stock valued at $1,537,913,000 after acquiring an additional 2,635,284 shares during the last quarter. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

Applied Materials Stock Performance

NASDAQ AMAT opened at $480.04 on Wednesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.42 and a quick ratio of 1.79. Applied Materials, Inc. has a 1-year low of $154.46 and a 1-year high of $739.67. The firm has a market capitalization of $380.96 billion, a P/E ratio of 41.38, a P/E/G ratio of 1.04 and a beta of 1.61. The business’s 50-day simple moving average is $558.87 and its 200-day simple moving average is $454.37.

Applied Materials (NASDAQ:AMAT) last posted its earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.40 by $0.10. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The firm had revenue of $9.12 billion during the quarter, compared to the consensus estimate of $8.99 billion. During the same quarter in the prior year, the company earned $2.48 EPS. The company’s revenue was up 24.8% on a year-over-year basis. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. Equities analysts predict that Applied Materials, Inc. will post 12.73 EPS for the current year.

Applied Materials Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be given a $0.53 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.12 annualized dividend and a dividend yield of 0.4%. Applied Materials’s dividend payout ratio is presently 18.28%.

Insiders Place Their Bets

In related news, CEO Gary E. Dickerson sold 71,727 shares of the company’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $593.75, for a total transaction of $42,587,906.25. Following the completion of the sale, the chief executive officer directly owned 1,695,164 shares of the company’s stock, valued at approximately $1,006,503,625. This represents a 4.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Omkaram Nalamasu sold 24,263 shares of the stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $593.43, for a total value of $14,398,392.09. Following the completion of the sale, the senior vice president owned 146,916 shares of the company’s stock, valued at approximately $87,184,361.88. This represents a 14.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 276,692 shares of company stock worth $169,030,834. 0.30% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of analysts recently commented on the company. KeyCorp lifted their price objective on Applied Materials from $550.00 to $750.00 and gave the stock an “overweight” rating in a research report on Monday, June 29th. Wolfe Research lifted their price target on shares of Applied Materials from $500.00 to $550.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. HC Wainwright set a $850.00 price objective on shares of Applied Materials in a research report on Monday, June 29th. HSBC restated a “buy” rating and set a $683.00 target price on shares of Applied Materials in a research report on Monday, July 27th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Applied Materials in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $657.76.

More Applied Materials News

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

• Positive Sentiment: Goldman Sachs reportedly named Applied Materials a “top pick,” citing the company’s exposure to the continued buildout of AI infrastructure and chip-manufacturing capacity. Applied Materials Stock Is Named a Top Pick at Goldman Sachs
• Positive Sentiment: Analysts see significant upside after the stock’s decline from its high, with AI-driven semiconductor investment and record quarterly revenue supporting bullish price targets. One report cited an average target near $641, implying roughly 32% potential appreciation from recent levels. Wall Street Sees Rally Despite Decline From Peak
• Positive Sentiment: Applied Materials is viewed as a key beneficiary of AI infrastructure spending because its equipment and engineering solutions are essential to advanced semiconductor manufacturing. Why Investors Should Buy the Dip in AMAT
• Neutral Sentiment: Mizuho lowered its Applied Materials price target from $650 to $590 but retained an “outperform” rating. The reduced target reflects more cautious expectations, while the rating still indicates confidence in the company’s longer-term prospects. Benzinga
• Neutral Sentiment: The reported August short-interest figures show zero shares and a mathematically invalid change, making the data unreliable and unlikely to provide a meaningful trading signal.
• Negative Sentiment: Semiconductor stocks broadly declined as investors reduced risk ahead of NVIDIA’s results, weighing on Applied Materials alongside other chipmakers. Semiconductor Stocks Slide Ahead of NVIDIA Earnings

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.