Lombard Odier Asset Management Europe Ltd Makes New $15.15 Million Investment in Applied Materials, Inc. $AMAT

Lombard Odier Asset Management Europe Ltd bought a new position in Applied Materials, Inc. (NASDAQ:AMAT) during the second quarter, according to its most recent 13F filing with the SEC. The fund bought 20,960 shares of the manufacturing equipment provider’s stock, valued at approximately $15,154,000.

Other hedge funds have also recently made changes to their positions in the company. Cornerstone Financial Management LLC bought a new stake in Applied Materials during the fourth quarter worth approximately $25,000. Wilkerson Advisory Group LLC bought a new stake in Applied Materials in the fourth quarter worth $26,000. Harborfront Financial Group LLC purchased a new position in Applied Materials during the second quarter worth $27,000. Financial Freedom LLC bought a new position in Applied Materials during the first quarter valued at $28,000. Finally, Dogwood Wealth Management LLC increased its position in Applied Materials by 52.4% during the fourth 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 during the last quarter. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

Applied Materials Price Performance

AMAT opened at $461.67 on Friday. The company has a market capitalization of $366.38 billion, a price-to-earnings ratio of 39.80, a PEG ratio of 0.99 and a beta of 1.61. The company has a current ratio of 2.42, a quick ratio of 1.79 and a debt-to-equity ratio of 0.20. Applied Materials, Inc. has a 12-month low of $154.46 and a 12-month high of $739.67. The business’s fifty day simple moving average is $550.80 and its 200-day simple moving average is $456.77.

Applied Materials (NASDAQ:AMAT) last issued its earnings results 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. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The company had revenue of $9.12 billion for the quarter, compared to analysts’ expectations of $8.99 billion. During the same period in the prior year, the business earned $2.48 EPS. The firm’s quarterly revenue was up 24.8% on a year-over-year basis. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. On average, equities research analysts anticipate that Applied Materials, Inc. will post 12.76 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors 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 yield of 0.5%. Applied Materials’s payout ratio is 18.28%.

Wall Street Analysts Forecast Growth

AMAT has been the subject of several analyst reports. Needham & Company LLC restated a “buy” rating and issued a $740.00 target price on shares of Applied Materials in a report on Friday, August 14th. William Blair assumed coverage on shares of Applied Materials in a report on Tuesday, August 11th. They set a “market perform” rating on the stock. Stifel Nicolaus raised their price objective on shares of Applied Materials from $530.00 to $650.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. Mizuho dropped their target price on Applied Materials from $650.00 to $590.00 and set an “outperform” rating for the company in a research report on Tuesday, August 25th. Finally, Seaport Research Partners reiterated a “buy” rating and issued a $575.00 price target on shares of Applied Materials in a report on Friday, August 14th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, Applied Materials presently has a consensus rating of “Moderate Buy” and an average target price of $657.76.

Applied Materials News Summary

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

• Positive Sentiment: Semiconductor and AI demand remains strong: Recent coverage highlights Applied Materials’ $9.12 billion third-quarter revenue, up 25% year over year, and non-GAAP EPS of $3.50, up 41%. Management cited record demand visibility from AI infrastructure, more than 10 new fab projects during the quarter and fourth-quarter revenue guidance of $10.25 billion. The company is also continuing share repurchases and investing $5 billion in its EPIC Center to accelerate semiconductor innovation. The AI Buildout Is Turning Applied Materials Into A Profit Machine
• Positive Sentiment: New board member adds semiconductor expertise: AMAT appointed Akash Palkhiwala, Qualcomm’s CFO and COO, to its board and Audit Committee. His finance, operations and industry experience could strengthen oversight as Applied Materials pursues growth tied to advanced logic, memory and AI chip production. Applied Materials Appoints Akash Palkhiwala to Board of Directors
• Neutral Sentiment: Options market signals elevated uncertainty: A new analysis says options pricing for roughly one year ahead implies a particularly wide potential trading range, extending materially below and above the current level. That suggests investors should expect significant volatility rather than providing a clear directional signal. How Far Applied Materials Stock Can Move In A Year
• Negative Sentiment: CFO share sale may weigh modestly on sentiment: CFO Brice Hill sold 7,500 AMAT shares for approximately $3.6 million, reducing his direct holdings by 5.51%. The sale does not alter the company’s operating outlook, but insider selling can create a limited short-term sentiment overhang. SEC Insider Transaction Filing

Insider Activity at Applied Materials

In related news, Director Thomas J. Iannotti sold 9,250 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $599.77, for a total transaction of $5,547,872.50. Following the sale, the director owned 40,559 shares of the company’s stock, valued at $24,326,071.43. This trade represents a 18.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Prabu G. Raja sold 10,000 shares of Applied Materials stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $633.53, for a total value of $6,335,300.00. Following the completion of the transaction, the insider owned 346,642 shares in the company, valued at $219,608,106.26. This trade represents a 2.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 284,192 shares of company stock valued at $172,625,209 over the last 90 days. Insiders own 0.30% of the company’s stock.

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.