Pure Financial Advisors LLC Purchases Shares of 4,587 Applied Materials, Inc. $AMAT

Pure Financial Advisors LLC acquired a new stake in Applied Materials, Inc. (NASDAQ:AMAT) in the second quarter, HoldingsChannel reports. The institutional investor acquired 4,587 shares of the manufacturing equipment provider’s stock, valued at approximately $3,316,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AMAT. Cornerstone Financial Management LLC acquired a new stake in Applied Materials in the 4th quarter valued at $25,000. Wilkerson Advisory Group LLC acquired a new position in Applied Materials during the fourth quarter worth $26,000. Harborfront Financial Group LLC bought a new position in shares of Applied Materials during the second quarter valued at $27,000. Financial Freedom LLC bought a new position in shares of Applied Materials during the first quarter valued at $28,000. Finally, Dogwood Wealth Management LLC boosted its stake in shares of Applied Materials by 52.4% in the 4th quarter. Dogwood Wealth Management LLC now owns 128 shares of the manufacturing equipment provider’s stock valued at $33,000 after purchasing an additional 44 shares in the last quarter. 80.56% of the stock is owned by institutional investors.

Applied Materials Trading Down 4.3%

Shares of AMAT opened at $461.67 on Friday. The company has a quick ratio of 1.79, a current ratio of 2.42 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 firm has a market capitalization of $366.38 billion, a PE ratio of 39.80, a price-to-earnings-growth ratio of 1.03 and a beta of 1.61. The stock’s fifty day simple moving average is $550.80 and its 200-day simple moving average is $456.77.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share (EPS) for the quarter, beating 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 firm’s quarterly revenue was up 24.8% compared to the same quarter last year. During the same quarter last year, the business earned $2.48 earnings per share. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. As a group, research analysts predict that Applied Materials, Inc. will post 12.73 earnings per share for the current year.

Applied Materials Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be given a dividend of $0.53 per share. The ex-dividend date is Thursday, August 20th. This represents a $2.12 annualized dividend and a dividend yield of 0.5%. Applied Materials’s payout ratio is currently 18.28%.

Insider Activity at Applied Materials

In related news, CFO Brice Hill sold 7,500 shares of the business’s stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $479.25, for a total transaction of $3,594,375.00. Following the completion of the sale, 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. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Prabu G. Raja sold 10,000 shares of the stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $633.53, for a total transaction 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 represents a 2.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 284,192 shares of company stock worth $172,625,209 over the last 90 days. Insiders own 0.30% of the company’s stock.

Key Headlines Impacting Applied Materials

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

Wall Street Analysts Forecast Growth

AMAT has been the topic of several analyst reports. Raymond James Financial set a $650.00 target price on shares of Applied Materials in a report on Wednesday, June 10th. HC Wainwright set a $850.00 price objective on shares of Applied Materials in a research note on Monday, June 29th. Wolfe Research raised their price objective on shares of Applied Materials from $500.00 to $550.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. Needham & Company LLC reiterated a “buy” rating and issued a $740.00 target price on shares of Applied Materials in a research note on Friday, August 14th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $605.00 target price on shares of Applied Materials in a report on Friday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, Applied Materials presently has a consensus rating of “Moderate Buy” and a consensus target price of $657.76.

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.