Applied Materials, Inc. $AMAT Position Lowered by New York State Common Retirement Fund

New York State Common Retirement Fund trimmed its position in Applied Materials, Inc. (NASDAQ:AMAT) by 0.7% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,077,482 shares of the manufacturing equipment provider’s stock after selling 7,098 shares during the period. New York State Common Retirement Fund owned 0.13% of Applied Materials worth $197,255,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC raised its position in shares of Applied Materials by 28.0% during the 4th quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock valued at $2,061,000 after acquiring an additional 2,771 shares in the last quarter. Mesirow Financial Investment Management Inc. increased its stake in Applied Materials by 23.5% during the first quarter. Mesirow Financial Investment Management Inc. now owns 2,455 shares of the manufacturing equipment provider’s stock valued at $356,000 after purchasing an additional 467 shares during the last quarter. Davis R M Inc. increased its stake in Applied Materials by 11.5% during the first quarter. Davis R M Inc. now owns 3,753 shares of the manufacturing equipment provider’s stock valued at $545,000 after purchasing an additional 386 shares during the last quarter. Hoxton Planning & Management LLC acquired a new stake in shares of Applied Materials during the first quarter worth $298,000. Finally, Sound View Wealth Advisors Group LLC lifted its position in shares of Applied Materials by 12.2% in the 1st quarter. Sound View Wealth Advisors Group LLC now owns 4,992 shares of the manufacturing equipment provider’s stock worth $724,000 after buying an additional 542 shares during the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Insider Buying and Selling

In other Applied Materials news, SVP Teri A. Little sold 4,000 shares of the business’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $238.24, for a total transaction of $952,960.00. Following the sale, the senior vice president directly owned 84,351 shares in the company, valued at approximately $20,095,782.24. The trade was a 4.53% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.24% of the company’s stock.

Applied Materials Stock Performance

AMAT opened at $252.03 on Friday. The company has a current ratio of 2.50, a quick ratio of 1.76 and a debt-to-equity ratio of 0.28. The business’s 50 day moving average is $224.86 and its 200-day moving average is $192.43. The stock has a market cap of $200.77 billion, a PE ratio of 30.04, a price-to-earnings-growth ratio of 2.95 and a beta of 1.84. Applied Materials, Inc. has a twelve month low of $123.74 and a twelve month high of $252.66.

Applied Materials (NASDAQ:AMAT) last announced its earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 earnings per share for the quarter, beating the consensus estimate of $2.11 by $0.06. Applied Materials had a return on equity of 40.96% and a net margin of 23.88%.During the same quarter in the prior year, the company posted $2.32 EPS. The firm’s revenue for the quarter was down 3.5% compared to the same quarter last year. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. On average, analysts predict that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be given a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Thursday, November 20th. Applied Materials’s dividend payout ratio is currently 21.20%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on AMAT shares. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $300.00 price objective on shares of Applied Materials in a research report on Friday, November 14th. Daiwa America downgraded Applied Materials from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 20th. Wells Fargo & Company upped their target price on Applied Materials from $250.00 to $255.00 and gave the company an “overweight” rating in a report on Friday, November 14th. Wolfe Research cut their price target on Applied Materials from $230.00 to $200.00 and set an “outperform” rating on the stock in a report on Friday, August 15th. Finally, Morgan Stanley reduced their price objective on Applied Materials from $256.00 to $252.00 and set an “overweight” rating for the company in a research report on Friday, November 14th. Twenty investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. According to data from MarketBeat, Applied Materials currently has an average rating of “Moderate Buy” and a consensus target price of $228.04.

Applied Materials Company Profile

Applied Materials, Inc engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits.