Sen. Markwayne Mullin Purchases Shares of Applied Materials, Inc. (NASDAQ:AMAT)

Senator Markwayne Mullin (R-Oklahoma) recently bought shares of Applied Materials, Inc. (NASDAQ:AMAT). In a filing disclosed on January 16th, the Senator disclosed that they had bought between $15,001 and $50,000 in Applied Materials stock on December 29th.

Senator Markwayne Mullin also recently made the following trade(s):

  • Purchased $15,001 – $50,000 in shares of Deere & Company (NYSE:DE) on 12/29/2025.
  • Purchased $15,001 – $50,000 in shares of Hilton Worldwide (NYSE:HLT) on 12/29/2025.
  • Purchased $15,001 – $50,000 in shares of RTX (NYSE:RTX) on 12/29/2025.
  • Purchased $15,001 – $50,000 in shares of CocaCola (NYSE:KO) on 12/29/2025.
  • Purchased $15,001 – $50,000 in shares of Elevance Health (NYSE:ELV) on 12/29/2025.
  • Purchased $1,001 – $15,000 in shares of American Express (NYSE:AXP) on 12/29/2025.
  • Purchased $100,001 – $250,000 in shares of Amazon.com (NASDAQ:AMZN) on 12/29/2025.
  • Purchased $50,001 – $100,000 in shares of JPMorgan Chase & Co. (NYSE:JPM) on 12/29/2025.
  • Purchased $15,001 – $50,000 in shares of The Goldman Sachs Group (NYSE:GS) on 12/29/2025.
  • Purchased $15,001 – $50,000 in shares of Boston Scientific (NYSE:BSX) on 12/29/2025.

Applied Materials Trading Up 2.5%

Shares of AMAT opened at $327.01 on Monday. The stock’s 50-day moving average is $261.40 and its two-hundred day moving average is $218.20. The stock has a market cap of $259.30 billion, a PE ratio of 37.67, a P/E/G ratio of 3.38 and a beta of 1.67. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $331.00. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.61 and a quick ratio of 1.87.

Applied Materials (NASDAQ:AMATGet Free Report) last posted 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 business 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% compared to the same quarter last year. During the same quarter last year, the firm earned $2.32 earnings per share. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. Equities analysts forecast that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The business 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 $0.46 dividend. The ex-dividend date of this dividend is Thursday, February 19th. This represents a $1.84 annualized dividend and a yield of 0.6%. Applied Materials’s dividend payout ratio (DPR) is 21.20%.

Analyst Upgrades and Downgrades

AMAT has been the subject of several recent research reports. Morgan Stanley reaffirmed an “overweight” rating and issued a $273.00 price objective on shares of Applied Materials in a research report on Tuesday, December 2nd. Wells Fargo & Company raised their price target on shares of Applied Materials from $290.00 to $350.00 and gave the company an “overweight” rating in a report on Thursday. KeyCorp lifted their price target on shares of Applied Materials from $285.00 to $380.00 and gave the stock an “overweight” rating in a research note on Friday. Stifel Nicolaus boosted their price objective on shares of Applied Materials from $250.00 to $340.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Sanford C. Bernstein restated a “market perform” rating and set a $325.00 target price on shares of Applied Materials in a research note on Monday, January 12th. Twenty-three equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat.com, Applied Materials presently has an average rating of “Moderate Buy” and a consensus price target of $282.25.

View Our Latest Research Report on AMAT

Key Stories Impacting Applied Materials

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

Institutional Investors Weigh In On Applied Materials

Institutional investors have recently modified their holdings of the stock. Brighton Jones LLC lifted its holdings in Applied Materials by 28.0% during the 4th quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock worth $2,061,000 after buying an additional 2,771 shares during the last quarter. Balefire LLC acquired a new stake in shares of Applied Materials during the 2nd quarter valued at approximately $213,000. Pallas Capital Advisors LLC raised its position in shares of Applied Materials by 10.8% during the 2nd quarter. Pallas Capital Advisors LLC now owns 8,236 shares of the manufacturing equipment provider’s stock valued at $1,508,000 after acquiring an additional 806 shares in the last quarter. Pines Wealth Management LLC bought a new position in Applied Materials during the second quarter worth $256,000. Finally, Dynamic Advisor Solutions LLC boosted its holdings in Applied Materials by 8.1% in the second quarter. Dynamic Advisor Solutions LLC now owns 9,367 shares of the manufacturing equipment provider’s stock worth $1,715,000 after purchasing an additional 703 shares during the period. Institutional investors and hedge funds own 80.56% of the company’s stock.

Insider Buying and Selling at Applied Materials

In other news, CAO Adam Sanders sold 609 shares of Applied Materials stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $255.53, for a total value of $155,617.77. Following the completion of the transaction, the chief accounting officer directly owned 4,413 shares of the company’s stock, valued at approximately $1,127,653.89. The trade was a 12.13% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Teri A. Little sold 4,000 shares of the business’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $238.24, for a total transaction of $952,960.00. Following the sale, the senior vice president directly owned 84,351 shares of the company’s stock, valued at approximately $20,095,782.24. This represents a 4.53% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 8,609 shares of company stock valued at $2,044,898. 0.24% of the stock is owned by insiders.

About Senator Mullin

Markwayne Mullin (Republican Party) is a member of the U.S. Senate from Oklahoma. He assumed office on January 11, 2023. His current term ends on January 3, 2027. Mullin (Republican Party) ran in a special election to the U.S. Senate to represent Oklahoma. He won in the special general election on November 8, 2022. Mullin is a member of the Cherokee Nation and one of four Native American members of the 116th Congress. At the age of 20, Mullin took over his father’s plumbing business. He is also a former professional mixed martial artist. Markwayne Mullin graduated from Stilwell High School. Mullin earned an associate degree in construction technology from Oklahoma State University Institute of Technology. His career experience includes owning and founding multiple businesses.

Applied Materials Company Profile

(Get Free Report)

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.

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