Element Wealth LLC Takes Position in Applied Materials, Inc. $AMAT

Element Wealth LLC bought a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) during the 4th quarter, HoldingsChannel.com reports. The firm bought 1,576 shares of the manufacturing equipment provider’s stock, valued at approximately $405,000.

Other institutional investors have also made changes to their positions in the company. Redmont Wealth Advisors LLC acquired a new stake in shares of Applied Materials during the 3rd quarter valued at about $26,000. Wilkerson Advisory Group LLC acquired a new stake in shares of Applied Materials during the 4th quarter valued at about $26,000. Highline Wealth Partners LLC boosted its position in shares of Applied Materials by 48.7% during the 4th quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock valued at $30,000 after acquiring an additional 38 shares in the last quarter. Joseph Group Capital Management acquired a new stake in shares of Applied Materials during the 4th quarter valued at about $31,000. Finally, Dogwood Wealth Management LLC boosted its position in shares of Applied Materials by 52.4% during the 4th quarter. Dogwood Wealth Management LLC now owns 128 shares of the manufacturing equipment provider’s stock valued at $33,000 after acquiring an additional 44 shares in the last quarter. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Applied Materials

In other Applied Materials news, CAO Adam Sanders sold 268 shares of the business’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $434.22, for a total value of $116,370.96. Following the completion of the transaction, the chief accounting officer directly owned 4,280 shares of the company’s stock, 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 SEC, which is accessible through this hyperlink. Also, insider Prabu G. Raja sold 50,000 shares of the business’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $505.28, for a total transaction of $25,264,000.00. Following the completion of the transaction, the insider directly owned 356,642 shares of the company’s stock, valued at approximately $180,204,069.76. This represents a 12.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 53,896 shares of company stock valued at $27,135,121. Insiders own 0.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on AMAT. Wolfe Research lifted their target price on shares of Applied Materials from $500.00 to $550.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. Barclays lifted their target price on shares of Applied Materials from $500.00 to $590.00 and gave the company an “overweight” rating in a research report on Thursday. JPMorgan Chase & Co. boosted their price target on shares of Applied Materials from $400.00 to $515.00 and gave the company an “overweight” rating in a research report on Friday, May 15th. Mizuho boosted their price target on shares of Applied Materials from $500.00 to $540.00 and gave the company an “outperform” rating in a research report on Wednesday, May 27th. Finally, Cantor Fitzgerald boosted their price target on shares of Applied Materials from $575.00 to $650.00 and gave the company an “overweight” rating in a research report on Wednesday. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $483.03.

Applied Materials Price Performance

NASDAQ:AMAT opened at $567.25 on Friday. The firm has a market cap of $450.37 billion, a PE ratio of 53.26, a price-to-earnings-growth ratio of 1.58 and a beta of 1.67. Applied Materials, Inc. has a 12 month low of $154.46 and a 12 month high of $569.95. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22. The company’s 50-day moving average price is $427.22 and its two-hundred day moving average price is $352.62.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, beating analysts’ consensus estimates of $2.68 by $0.18. The firm had revenue of $7.91 billion for the quarter, compared to analyst estimates of $7.68 billion. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The company’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same period in the previous year, the business earned $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. On average, equities analysts anticipate that Applied Materials, Inc. will post 12.1 EPS for the current fiscal year.

Applied Materials Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be paid a $0.53 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.4%. Applied Materials’s payout ratio is currently 19.91%.

Key Headlines Impacting Applied Materials

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

• Positive Sentiment: Barclays reiterated an Overweight rating on Applied Materials, saying investment in new chip supply remains strong and supporting the stock’s bullish momentum. Applied Materials and KLA Are Surging. Why You Should Buy the Stocks, Says This Analyst.
• Positive Sentiment: Erste Group Bank raised its earnings estimates for Applied Materials, lifting FY2026 EPS forecast to $12.20 and FY2027 to $16.29, while keeping a Buy rating. Applied Materials estimate revision
• Positive Sentiment: Several recent articles highlighted Applied Materials as a top momentum and AI-beneficiary stock, with commentary pointing to strong May performance, heavy hedge fund ownership, and broad analyst support. Is Applied Materials (AMAT) A Good Stock to Buy Now?
• Positive Sentiment: Investor attention is also being fueled by a recent 52-week-high move and reports of continued rotation into chip equipment stocks, reinforcing the view that AMAT remains a favored AI infrastructure name. Why Did AMAT, AMPG, OSCR Stocks Surge To 52-Week Highs Today?
• Neutral Sentiment: Other coverage today was largely repeated “great momentum stock” and “attracting investor attention” pieces, reflecting strong market interest rather than a new company-specific catalyst. Applied Materials (AMAT) is a Great Momentum Stock: Should You Buy?

About Applied Materials

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.