Applied Materials, Inc. $AMAT Shares Newly Acquired by StoneRidge PMG Advisors LLC

StoneRidge PMG Advisors LLC acquired a new stake in Applied Materials, Inc. (NASDAQ:AMAT) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,253 shares of the manufacturing equipment provider’s stock, valued at approximately $1,664,000. Applied Materials makes up 1.1% of StoneRidge PMG Advisors LLC’s portfolio, making the stock its 20th largest position.

Other large investors have also made changes to their positions in the company. Burton Enright Welch lifted its holdings in Applied Materials by 431.9% in the 3rd quarter. Burton Enright Welch now owns 4,037 shares of the manufacturing equipment provider’s stock worth $2,064,000 after purchasing an additional 3,278 shares in the last quarter. Bryn Mawr Trust Advisors LLC grew its holdings in Applied Materials by 0.5% during the 3rd quarter. Bryn Mawr Trust Advisors LLC now owns 18,176 shares of the manufacturing equipment provider’s stock valued at $9,295,000 after buying an additional 87 shares in the last quarter. Family Capital Management Inc. grew its holdings in Applied Materials by 7.1% during the 3rd quarter. Family Capital Management Inc. now owns 4,130 shares of the manufacturing equipment provider’s stock valued at $2,112,000 after buying an additional 273 shares in the last quarter. Almanack Investment Partners LLC. grew its holdings in Applied Materials by 20.7% during the 3rd quarter. Almanack Investment Partners LLC. now owns 1,477 shares of the manufacturing equipment provider’s stock valued at $755,000 after buying an additional 253 shares in the last quarter. Finally, M Holdings Securities Inc. bought a new stake in shares of Applied Materials during the third quarter valued at approximately $1,411,000. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

Applied Materials Stock Performance

NASDAQ AMAT opened at $332.71 on Monday. 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 $203.40 and a 1-year high of $739.67. The business has a 50 day simple moving average of $444.84 and a two-hundred day simple moving average of $444.66. The stock has a market capitalization of $264.04 billion, a PE ratio of 28.68, a P/E/G ratio of 0.65 and a beta of 1.67.

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

Applied Materials Dividend Announcement

The firm also recently declared 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. This represents a $2.12 annualized dividend and a yield of 0.6%. The ex-dividend date is Thursday, November 19th. Applied Materials’s payout ratio is currently 18.28%.

Insider Buying and Selling

In other Applied Materials news, CAO Adam Sanders sold 725 shares of the stock in a transaction on 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 transaction, the chief accounting officer owned 3,181 shares in the company, valued at $1,732,245.36. This trade represents a 18.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Brice Hill sold 7,500 shares of Applied Materials stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $479.25, for a total transaction of $3,594,375.00. Following the completion of the transaction, the chief financial officer directly owned 128,613 shares of the company’s stock, valued at $61,637,780.25. The trade was a 5.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 9,225 shares of company stock worth $4,454,181. Insiders own 0.30% of the company’s stock.

Key Stories Impacting Applied Materials

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

• Positive Sentiment: A rally in chip-equipment shares is lifting AMAT ahead of its fiscal fourth-quarter results, scheduled for November 12. The sector move followed Lam Research’s announcement of a $25 billion share buyback. Article: Applied Materials Stocks Rise as Chip Equipment Rallies Ahead of Earnings
• Positive Sentiment: AI-related equipment demand and growth in advanced packaging are cited as longer-term supports for Applied Materials, despite the recent pullback in chip stocks. Article: AMAT Shares Plunge 30% in a Month: Should You Buy, Sell or Hold?
• Neutral Sentiment: The upcoming results are a key near-term catalyst: investors will assess whether demand and equipment-spending expectations hold up in a more cautious investment environment. Article: Applied Materials Stocks Fall Before a Revenue Test
• Negative Sentiment: The rebound follows a sharp chip-stock sell-off, with investors worried that data-center spending could slow; weak Qualcomm guidance added to sector concerns. AMAT also recently faced pressure after an analyst downgrade. Article: Chip Stock Rout Deepens Article: Applied Materials Stock Falls After Analyst Downgrade

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on AMAT shares. Craig Hallum boosted their target price on shares of Applied Materials from $530.00 to $585.00 and gave the stock a “buy” rating in a report on Friday, August 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $605.00 target price (down from $680.00) on shares of Applied Materials in a research note on Friday, August 14th. Evercore set a $590.00 target price on shares of Applied Materials in a research note on Thursday, October 15th. HSBC reduced their price target on shares of Applied Materials from $683.00 to $641.00 and set a “buy” rating on the stock in a report on Friday, August 14th. Finally, William Blair started coverage on shares of Applied Materials in a research note on Tuesday, August 11th. They issued a “market perform” rating on the stock. Thirty equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, Applied Materials currently has a consensus rating of “Moderate Buy” and an average price target of $632.01.

Applied Materials Company Profile

Applied Materials, Inc develops and supplies equipment, software and services used to manufacture semiconductors and advanced displays. Its technologies help customers build and process materials at the microscopic scale required for chips and other electronic products.

The company’s offerings include systems for depositing, removing and modifying materials, as well as inspection, measurement and process-control tools. It also provides equipment and services for advanced semiconductor packaging and supports customers with maintenance, upgrades and manufacturing software.

Founded in 1967 and headquartered in Santa Clara, California, Applied Materials serves semiconductor and display manufacturers around the world.