3,624 Applied Materials, Inc. $AMAT Shares Sold by Teamwork Financial Advisors LLC

Teamwork Financial Advisors LLC reduced its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 79.4% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 940 shares of the manufacturing equipment provider’s stock after selling 3,624 shares during the quarter. Teamwork Financial Advisors LLC’s holdings in Applied Materials were worth $481,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. JFS Wealth Advisors LLC grew its holdings in Applied Materials by 4.3% during the second quarter. JFS Wealth Advisors LLC now owns 409 shares of the manufacturing equipment provider’s stock worth $296,000 after acquiring an additional 17 shares during the period. Innovative Asset Advisors Group LLC lifted its holdings in Applied Materials by 2.1% in the second quarter. Innovative Asset Advisors Group LLC now owns 961 shares of the manufacturing equipment provider’s stock valued at $695,000 after acquiring an additional 20 shares during the period. Stonebridge Financial Group LLC lifted its holdings in Applied Materials by 2.1% in the second quarter. Stonebridge Financial Group LLC now owns 1,003 shares of the manufacturing equipment provider’s stock valued at $725,000 after acquiring an additional 21 shares during the period. N.E.W. Advisory Services LLC boosted its position in shares of Applied Materials by 5.9% during the 2nd quarter. N.E.W. Advisory Services LLC now owns 377 shares of the manufacturing equipment provider’s stock worth $273,000 after purchasing an additional 21 shares in the last quarter. Finally, IMG Wealth Management Inc. boosted its position in shares of Applied Materials by 13.0% during the 2nd quarter. IMG Wealth Management Inc. now owns 183 shares of the manufacturing equipment provider’s stock worth $132,000 after purchasing an additional 21 shares in the last quarter. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Applied Materials news, Director Judy Bruner sold 1,000 shares of Applied Materials 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 transaction, the director owned 25,544 shares in the company, valued at approximately $11,877,960. The trade was a 3.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Adam Sanders sold 725 shares of the company’s stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $544.56, for a total transaction of $394,806.00. Following the completion of the sale, the chief accounting officer directly owned 3,181 shares in the company, valued at $1,732,245.36. This trade represents a 18.56% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 9,225 shares of company stock worth $4,454,181 in the last three months. Corporate insiders own 0.30% of the company’s stock.

Applied Materials Price Performance

AMAT stock traded up $3.82 during midday trading on Monday, hitting $413.11. 6,749,533 shares of the stock were exchanged, compared to its average volume of 7,886,827. The stock’s 50-day moving average price is $478.34 and its 200-day moving average price is $486.73. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.79 and a current ratio of 2.42. The stock has a market cap of $327.84 billion, a price-to-earnings ratio of 35.61, a PEG ratio of 1.14 and a beta of 1.60. Applied Materials, Inc. has a fifty-two week low of $203.40 and a fifty-two week high of $739.67.

Applied Materials (NASDAQ:AMAT) last posted its earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share for the quarter, beating the consensus estimate of $3.40 by $0.10. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%. The company had revenue of $9.12 billion for the quarter, compared to analyst estimates of $8.99 billion. During the same quarter in the prior year, the company earned $2.48 earnings per share. Applied Materials’s revenue was up 24.8% compared to the same quarter last year. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. Research analysts predict that Applied Materials, Inc. will post 12.79 earnings per share for the current year.

Applied Materials Announces Dividend

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

Key Applied Materials News

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

• Positive Sentiment: Wall Street remains bullish despite Applied Materials’ roughly 20% decline since July. Analysts have continued raising earnings estimates, and some price targets imply substantial upside as semiconductor manufacturers increase spending on advanced chips and AI infrastructure. Applied Materials Cratered 20% Since July
• Positive Sentiment: Applied Materials’ AI opportunity is backed by operating results rather than only market speculation. The company recently reported quarterly revenue growth of 24.8%, earnings above consensus and strong profitability, helping support the long-term growth narrative. Applied Materials is Going Solid
• Positive Sentiment: Comparisons with Lam Research, ASML and Broadcom highlight Applied Materials’ favorable cash generation, buyback capacity and installed-base advantages. These factors may help protect cash flow during pauses in new equipment orders and support shareholder returns. Applied Materials vs. ASML
• Neutral Sentiment: Applied Materials was selected as a 2027 Conference Board Innovation Awards honoree. The recognition reinforces its reputation for technological innovation but is unlikely to materially affect near-term earnings. Conference Board Announces 2027 Innovation Awards
• Negative Sentiment: Exchange-traded funds recorded approximately $58.8 million of net selling in AMAT on October 15, creating a modest technical headwind independent of the company’s fundamentals. Applied Materials Sees ETF Selling
• Negative Sentiment: After a major AI-driven rally, investors are questioning whether future growth is already reflected in the valuation. Needham also issued a pessimistic forecast, reinforcing concerns about elevated expectations and the cyclical risk of semiconductor-equipment spending. Needham Issues Pessimistic Forecast

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on AMAT shares. JPMorgan Chase & Co. upped their price target on shares of Applied Materials from $515.00 to $660.00 and gave the stock an “overweight” rating in a research note on Friday, August 14th. TD Cowen reiterated a “buy” rating and issued a $700.00 price objective on shares of Applied Materials in a research note on Friday, August 14th. The Goldman Sachs Group raised their price objective on shares of Applied Materials from $645.00 to $670.00 and gave the company a “buy” rating in a research note on Friday, August 14th. Royal Bank Of Canada reissued an “outperform” rating and set a $600.00 price objective on shares of Applied Materials in a report on Wednesday, October 14th. Finally, Craig Hallum upped their target price on shares of Applied Materials from $530.00 to $585.00 and gave the stock a “buy” rating in a research report on Friday, August 14th. Thirty equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $632.70.

Applied Materials Company Profile

Applied Materials, Inc is a technology company that supplies equipment, services and software used to manufacture semiconductors and advanced displays. Its products help customers fabricate the integrated circuits and other components used in computers, mobile devices, data centers, automobiles and a range of connected technologies.

The company’s offerings include systems for materials engineering, wafer fabrication, inspection and process control, along with equipment and services designed to improve manufacturing productivity and yield.