Applied Materials, Inc. $AMAT Position Lifted by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. lifted its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 7.0% during the 3rd quarter, HoldingsChannel reports. The firm owned 129,208 shares of the manufacturing equipment provider’s stock after purchasing an additional 8,429 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Applied Materials were worth $66,074,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. ShankerValleau Wealth Advisors Inc. purchased a new position in Applied Materials during the third quarter worth approximately $307,000. Banque Pictet & Cie SA boosted its stake in Applied Materials by 1.4% during the third quarter. Banque Pictet & Cie SA now owns 51,195 shares of the manufacturing equipment provider’s stock worth $26,078,000 after buying an additional 689 shares during the last quarter. Rise Advisors LLC boosted its stake in Applied Materials by 19.1% during the third quarter. Rise Advisors LLC now owns 598 shares of the manufacturing equipment provider’s stock worth $306,000 after buying an additional 96 shares during the last quarter. Eagle Bay Advisors LLC boosted its stake in Applied Materials by 13.1% during the third quarter. Eagle Bay Advisors LLC now owns 544 shares of the manufacturing equipment provider’s stock worth $278,000 after buying an additional 63 shares during the last quarter. Finally, Selective Wealth Management Inc. grew its holdings in Applied Materials by 9.6% in the 3rd quarter. Selective Wealth Management Inc. now owns 1,881 shares of the manufacturing equipment provider’s stock valued at $962,000 after buying an additional 164 shares in the last quarter. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Applied Materials

In related news, CFO Brice Hill sold 7,500 shares of the business’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $479.25, for a total value of $3,594,375.00. Following the sale, the chief financial officer directly owned 128,613 shares in the company, valued at approximately $61,637,780.25. The trade was a 5.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Judy Bruner sold 1,000 shares of the business’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $465.00, for a total transaction of $465,000.00. Following the completion of the sale, the director owned 25,544 shares in the company, valued at approximately $11,877,960. This trade represents a 3.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 9,225 shares of company stock worth $4,454,181. 0.30% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have issued reports on AMAT. JPMorgan Chase & Co. raised their target price on Applied Materials from $515.00 to $660.00 and gave the stock an “overweight” rating in a research note on Friday, August 14th. HC Wainwright set a $850.00 price target on Applied Materials in a report on Monday, June 29th. Bank of America lowered their price target on shares of Applied Materials from $720.00 to $650.00 and set a “buy” rating on the stock in a research report on Friday, August 14th. Cantor Fitzgerald reissued an “outperform” rating on shares of Applied Materials in a report on Tuesday. Finally, New Street Research dropped their price objective on shares of Applied Materials from $580.00 to $525.00 and set a “neutral” rating for the company in a report on Friday, August 14th. One analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $632.70.

Applied Materials News Roundup

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

• Positive Sentiment: Applied Materials opened its $5 billion EPIC Center in Sunnyvale, California, described as the world’s largest semiconductor equipment and process-technology research facility. The investment should strengthen the company’s ability to develop equipment for advanced chips and capitalize on long-term AI and semiconductor capacity growth. Applied Materials opens $5B semiconductor innovation center
• Positive Sentiment: Needham lowered its Applied Materials price target from $740 to $580 but maintained a “buy” rating, indicating that the recent pullback has created what the firm considers meaningful upside. Other recent commentary also highlights AMAT’s broad equipment portfolio and strategic position in semiconductor manufacturing.
• Positive Sentiment: Investors are evaluating whether the current decline could offer an attractive entry point. Historical rebounds after sharp selloffs, continued semiconductor capacity expansion, and expectations for a sales recovery support the longer-term bullish case. Has Buying Applied Materials Stock’s Dips Paid Off?
• Neutral Sentiment: Analyst commentary is mixed: some reports identify Applied Materials as a growth-at-a-reasonable-price opportunity, while others present a more cautious view of technology stocks. ETF activity has also been inconsistent, with 31 funds adding AMAT on October 13 but ETFs collectively selling shares on October 14.
• Negative Sentiment: Chip-equipment stocks are recording unusually long losing streaks as investors question whether AI-related spending can continue at its current pace. Those sector-wide concerns are currently outweighing the potential benefits of the new research center and are contributing to AMAT’s decline. Chip Equipment Stocks Notch Historic Losing Streaks

Applied Materials Trading Down 4.8%

Shares of AMAT stock traded down $20.72 during trading on Friday, hitting $409.29. 8,533,128 shares of the stock traded hands, compared to its average volume of 6,720,239. Applied Materials, Inc. has a 52-week low of $203.40 and a 52-week high of $739.67. The firm has a market capitalization of $324.81 billion, a P/E ratio of 35.28, a price-to-earnings-growth ratio of 1.20 and a beta of 1.60. The firm’s fifty day moving average price is $480.52 and its 200-day moving average price is $485.08. 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 (NASDAQ:AMAT) last issued its quarterly earnings data on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share for the quarter, topping the consensus estimate of $3.40 by $0.10. The company had revenue of $9.12 billion during 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 firm’s revenue for the quarter was up 24.8% compared to the same quarter last year. During the same period in the prior year, the business posted $2.48 earnings per share. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. As a group, research analysts forecast that Applied Materials, Inc. will post 12.79 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Thursday, November 19th will be paid a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, November 19th. Applied Materials’s dividend payout ratio is 18.28%.

Applied Materials Profile

Applied Materials, Inc is a global supplier of equipment, services and software used to manufacture semiconductor chips, flat-panel displays and other advanced electronic products. Its technologies help customers build and enhance materials at the nanoscale, supporting processes such as deposition, etching, inspection, metrology and packaging.

The company’s offerings include semiconductor manufacturing systems, process-control and inspection equipment, and services designed to improve the performance, productivity and longevity of production equipment.