Beto Financial Group LLC bought a new position in Applied Materials, Inc. (NASDAQ:AMAT – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 3,178 shares of the manufacturing equipment provider’s stock, valued at approximately $817,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Godsey & Gibb Inc. increased its stake in Applied Materials by 2.6% in the fourth quarter. Godsey & Gibb Inc. now owns 1,298 shares of the manufacturing equipment provider’s stock worth $334,000 after purchasing an additional 33 shares during the period. Family Capital Management Inc. increased its stake in Applied Materials by 0.8% in the fourth quarter. Family Capital Management Inc. now owns 4,227 shares of the manufacturing equipment provider’s stock worth $1,086,000 after purchasing an additional 33 shares during the period. Denali Advisors LLC increased its stake in Applied Materials by 0.7% in the fourth quarter. Denali Advisors LLC now owns 4,582 shares of the manufacturing equipment provider’s stock worth $1,178,000 after purchasing an additional 34 shares during the period. Traveka Wealth LLC increased its stake in Applied Materials by 2.6% in the fourth quarter. Traveka Wealth LLC now owns 1,404 shares of the manufacturing equipment provider’s stock worth $361,000 after purchasing an additional 36 shares during the period. Finally, Highline Wealth Partners LLC increased its stake in shares of Applied Materials by 48.7% during the fourth quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock valued at $30,000 after buying an additional 38 shares during the period. Hedge funds and other institutional investors own 80.56% of the company’s stock.
Insider Transactions at Applied Materials
In other news, CAO Adam Sanders sold 268 shares of the business’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $434.22, for a total transaction of $116,370.96. Following the sale, the chief accounting officer owned 4,280 shares in the company, valued at approximately $1,858,461.60. The trade was a 5.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Judy Bruner sold 1,128 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $450.00, for a total value of $507,600.00. Following the sale, the director owned 26,544 shares in the company, valued at $11,944,800. The trade was a 4.08% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.30% of the stock is currently owned by insiders.
Analyst Upgrades and Downgrades
Check Out Our Latest Report on Applied Materials
Applied Materials Price Performance
AMAT opened at $458.17 on Tuesday. The business’s 50-day moving average is $399.26 and its two-hundred day moving average is $335.80. Applied Materials, Inc. has a 1 year low of $154.46 and a 1 year high of $463.88. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.51 and a quick ratio of 1.80. The firm has a market capitalization of $363.77 billion, a PE ratio of 43.02, a price-to-earnings-growth ratio of 1.26 and a beta of 1.67.
Applied Materials (NASDAQ:AMAT – Get Free Report) last posted its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.68 by $0.18. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The company had revenue of $7.91 billion for the quarter, compared to analyst estimates of $7.68 billion. During the same quarter in the previous year, the firm earned $2.39 earnings per share. The firm’s quarterly revenue was up 11.4% compared to the same quarter last year. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Research analysts anticipate that Applied Materials, Inc. will post 12.02 earnings per share for the current fiscal year.
Applied Materials Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Thursday, May 21st will be paid a dividend of $0.53 per share. The ex-dividend date is Thursday, May 21st. This is a positive change from Applied Materials’s previous quarterly dividend of $0.46. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.5%. Applied Materials’s payout ratio is presently 19.91%.
Key Stories Impacting Applied Materials
Here are the key news stories impacting Applied Materials this week:
- Positive Sentiment: Jim Cramer said he’s betting that Applied Materials “will just keep winning,” reinforcing the bullish case for the stock and adding to positive investor momentum. Jim Cramer Says He’s Betting “Applied Materials Will Just Keep Winning”
- Positive Sentiment: Recent analyst coverage remained constructive, with Mizuho reportedly raising its price target on Applied Materials to $540 from $500 while reiterating an Outperform rating, signaling continued confidence in the company’s long-term fundamentals. Applied Materials (AMAT) – Among the 10 Best Long-Term Dividend Stocks to Invest In According to Billionaires
- Positive Sentiment: Articles focused on Applied Materials as a trending stock and a favored “real value” AI/semiconductor name, suggesting rising investor attention and support for the share price. Applied Materials, Inc. (AMAT) Is a Trending Stock: Facts to Know Before Betting on It
- Neutral Sentiment: Brokerage-focused commentary emphasized that Wall Street’s bullish views matter for the stock, but did not add a new catalyst beyond reinforcing existing optimism. Is It Worth Investing in Applied Materials (AMAT) Based on Wall Street’s Bullish Views?
- Neutral Sentiment: Broadcom’s announcement of new AI and edge-network platforms mentioned Applied Materials as one of several partners, which is supportive context for the semiconductor ecosystem but not a direct AMAT-specific catalyst. Why Broadcom (AVGO) Is Up 11.1% After New AI Data Center And Edge Network Platforms
- Negative Sentiment: No major negative company-specific developments were highlighted in the provided articles, so there is little evidence of a fundamental headwind driving AMAT lower today.
Applied Materials Company Profile
Applied Materials, Inc is a U.S.-based supplier of equipment, services and software used to manufacture semiconductor chips, flat panel displays and other advanced materials. Headquartered in Santa Clara, California, the company designs and sells capital equipment and related technologies that enable production of integrated circuits, display panels and materials used across the electronics supply chain.
Applied Materials’ offerings include process equipment and factory software that support critical steps in device fabrication, such as deposition, etch, implantation, inspection and metrology, as well as systems for packaging and advanced heterogeneous integration.
Recommended Stories
- Five stocks we like better than Applied Materials
- Why These Three Big Buybacks Are Sending Very Different Signals to Investors
- Drone Stocks Soar As Pentagon Considers Funding, Including a Trump-Linked Name
- Braze Blazes Ahead on Q1 2027 Earnings Beat, Raised Guidance
- Are the 3 Newest Members of the $1 Trillion Market Cap Club the Latest Sign of an AI Bubble?
Want to see what other hedge funds are holding AMAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Applied Materials, Inc. (NASDAQ:AMAT – Free Report).
Receive News & Ratings for Applied Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Applied Materials and related companies with MarketBeat.com's FREE daily email newsletter.
