Applied Materials, Inc. $AMAT Shares Bought by Reynders McVeigh Capital Management LLC

Reynders McVeigh Capital Management LLC increased its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 46.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 75,733 shares of the manufacturing equipment provider’s stock after buying an additional 24,050 shares during the quarter. Reynders McVeigh Capital Management LLC’s holdings in Applied Materials were worth $13,864,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Maseco LLP acquired a new stake in shares of Applied Materials in the 2nd quarter worth about $30,000. Financial Gravity Companies Inc. acquired a new position in Applied Materials during the 2nd quarter valued at about $31,000. Howard Hughes Medical Institute bought a new position in Applied Materials in the 2nd quarter worth about $32,000. Total Investment Management Inc. acquired a new stake in shares of Applied Materials in the second quarter valued at approximately $33,000. Finally, Kilter Group LLC bought a new stake in shares of Applied Materials during the second quarter valued at approximately $36,000. 80.56% of the stock is currently owned by institutional investors.

Applied Materials Price Performance

AMAT opened at $259.21 on Monday. The stock has a fifty day moving average price of $236.68 and a 200 day moving average price of $199.97. The company has a current ratio of 2.61, a quick ratio of 1.87 and a debt-to-equity ratio of 0.32. Applied Materials, Inc. has a 1 year low of $123.74 and a 1 year high of $276.10. The stock has a market cap of $206.50 billion, a price-to-earnings ratio of 29.86, a PEG ratio of 2.69 and a beta of 1.67.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 earnings per share for the quarter, topping analysts’ consensus estimates of $2.11 by $0.06. Applied Materials had a return on equity of 39.26% and a net margin of 24.67%.The company had revenue of $6.80 billion during the quarter, compared to analysts’ expectations of $6.68 billion. During the same quarter in the previous year, the firm earned $2.32 earnings per share. The business’s quarterly revenue 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. Analysts forecast that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Thursday, February 19th will be issued a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 0.7%. The ex-dividend date is Thursday, February 19th. Applied Materials’s dividend payout ratio (DPR) is 21.20%.

Insider Transactions at Applied Materials

In other Applied Materials news, CAO Adam Sanders sold 609 shares of the stock in a transaction on Monday, December 1st. The shares were sold at an average price of $255.53, for a total value of $155,617.77. Following the completion of the sale, the chief accounting officer directly owned 4,413 shares of the company’s stock, valued at $1,127,653.89. This represents a 12.13% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Teri A. Little sold 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $238.24, for a total value of $952,960.00. Following the completion of the sale, the senior vice president owned 84,351 shares of the company’s stock, valued at $20,095,782.24. This represents a 4.53% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 8,609 shares of company stock valued at $2,044,898 over the last 90 days. Corporate insiders own 0.24% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on AMAT shares. Craig Hallum reiterated a “hold” rating and set a $190.00 price target on shares of Applied Materials in a research report on Friday, November 14th. Citigroup upped their target price on Applied Materials from $205.00 to $250.00 and gave the stock a “buy” rating in a research report on Friday, November 14th. Stifel Nicolaus upped their target price on Applied Materials from $215.00 to $250.00 and gave the company a “buy” rating in a report on Tuesday, November 11th. Evercore ISI restated an “outperform” rating and set a $290.00 price objective on shares of Applied Materials in a report on Friday, November 14th. Finally, Daiwa Capital Markets restated a “neutral” rating and issued a $170.00 price target (down previously from $185.00) on shares of Applied Materials in a research report on Wednesday, August 20th. Twenty investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $234.74.

Applied Materials 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.