Maj Invest Holding A S Cuts Holdings in Applied Materials, Inc. $AMAT

Maj Invest Holding A S cut its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 4.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,184,824 shares of the manufacturing equipment provider’s stock after selling 58,834 shares during the quarter. Applied Materials makes up 8.3% of Maj Invest Holding A S’s portfolio, making the stock its 3rd largest holding. Maj Invest Holding A S owned about 0.15% of Applied Materials worth $242,580,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Marquette Asset Management LLC increased its position in Applied Materials by 150.0% in the third quarter. Marquette Asset Management LLC now owns 125 shares of the manufacturing equipment provider’s stock worth $26,000 after buying an additional 75 shares during the period. Manning & Napier Advisors LLC bought a new position in shares of Applied Materials during the third quarter worth about $31,000. Financial Gravity Companies Inc. acquired a new stake in shares of Applied Materials in the 2nd quarter worth about $31,000. Howard Hughes Medical Institute acquired a new stake in shares of Applied Materials in the 2nd quarter worth about $32,000. Finally, True Wealth Design LLC lifted its position in Applied Materials by 68.9% in the 3rd quarter. True Wealth Design LLC now owns 179 shares of the manufacturing equipment provider’s stock valued at $37,000 after purchasing an additional 73 shares during the last quarter. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CAO Adam Sanders sold 609 shares of the company’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $255.53, for a total value of $155,617.77. Following the transaction, the chief accounting officer owned 4,413 shares in the company, 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 stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $238.24, for a total transaction of $952,960.00. Following the completion of the sale, the senior vice president directly owned 84,351 shares of the company’s stock, valued at $20,095,782.24. This trade represents a 4.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 8,609 shares of company stock worth $2,044,898. Company insiders own 0.24% of the company’s stock.

Applied Materials Trading Down 0.9%

Applied Materials stock opened at $319.46 on Tuesday. Applied Materials, Inc. has a 52 week low of $123.74 and a 52 week high of $333.03. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.87 and a current ratio of 2.61. The firm has a market capitalization of $253.31 billion, a price-to-earnings ratio of 36.80, a P/E/G ratio of 3.34 and a beta of 1.67. The company has a 50 day moving average price of $272.58 and a 200 day moving average price of $223.62.

Applied Materials (NASDAQ:AMAT) last released its earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.11 by $0.06. The company had revenue of $6.80 billion during the quarter, compared to analyst estimates of $6.68 billion. Applied Materials had a return on equity of 39.26% and a net margin of 24.67%.The company’s revenue for the quarter was down 3.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.32 earnings per share. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. Research analysts forecast that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Thursday, February 19th will be given a dividend of $0.46 per share. The ex-dividend date is Thursday, February 19th. This represents a $1.84 dividend on an annualized basis and a yield of 0.6%. Applied Materials’s dividend payout ratio (DPR) is presently 21.20%.

Analysts Set New Price Targets

AMAT has been the subject of several recent analyst reports. Morgan Stanley restated an “overweight” rating and issued a $273.00 target price on shares of Applied Materials in a research report on Tuesday, December 2nd. Susquehanna upgraded Applied Materials from a “neutral” rating to a “positive” rating and lifted their price target for the company from $180.00 to $400.00 in a research report on Sunday, January 11th. Weiss Ratings raised shares of Applied Materials from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, December 29th. Stifel Nicolaus increased their target price on shares of Applied Materials from $250.00 to $340.00 and gave the company a “buy” rating in a research note on Wednesday, January 14th. Finally, Sanford C. Bernstein restated a “market perform” rating and set a $325.00 target price on shares of Applied Materials in a report on Monday, January 12th. Twenty-three research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $294.75.

Applied Materials 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.