SevenBridge Financial Group LLC Acquires 4,978 Shares of Applied Materials, Inc. $AMAT

SevenBridge Financial Group LLC boosted its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 23.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 25,882 shares of the manufacturing equipment provider’s stock after acquiring an additional 4,978 shares during the quarter. Applied Materials makes up approximately 0.9% of SevenBridge Financial Group LLC’s holdings, making the stock its 28th biggest holding. SevenBridge Financial Group LLC’s holdings in Applied Materials were worth $5,299,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Marquette Asset Management LLC lifted its position in shares of Applied Materials by 150.0% during the third quarter. Marquette Asset Management LLC now owns 125 shares of the manufacturing equipment provider’s stock worth $26,000 after purchasing an additional 75 shares in the last quarter. Redmont Wealth Advisors LLC bought a new position in Applied Materials in the 3rd quarter worth approximately $26,000. Manning & Napier Advisors LLC bought a new position in Applied Materials in the 3rd quarter worth approximately $31,000. Financial Gravity Companies Inc. acquired a new position in Applied Materials during the 2nd quarter worth $31,000. Finally, Guerra Advisors Inc bought a new position in Applied Materials in the 3rd quarter valued at $35,000. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Stock Performance

Shares of AMAT stock opened at $351.07 on Thursday. The stock has a market cap of $278.61 billion, a PE ratio of 35.93, a price-to-earnings-growth ratio of 1.56 and a beta of 1.65. The stock has a 50-day moving average of $331.42 and a 200-day moving average of $260.02. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.71 and a quick ratio of 1.94. Applied Materials, Inc. has a one year low of $123.74 and a one year high of $395.95.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings data on Thursday, February 12th. The manufacturing equipment provider reported $2.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.21 by $0.17. Applied Materials had a net margin of 27.78% and a return on equity of 37.52%. The firm had revenue of $7.01 billion during the quarter, compared to analysts’ expectations of $6.88 billion. During the same quarter in the previous year, the company earned $2.38 earnings per share. The business’s revenue for the quarter was down 2.1% on a year-over-year basis. Applied Materials has set its Q2 2026 guidance at 2.440-2.840 EPS. As a group, sell-side analysts expect that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Key Stories Impacting Applied Materials

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

• Positive Sentiment: Long‑term partnership with SK hynix to co‑develop advanced DRAM and high‑bandwidth memory (HBM), with engineers collaborating at Applied’s EPIC Center to accelerate AI memory innovation. Applied Materials and SK Hynix partner for next‑gen AI memory development
• Positive Sentiment: Partnership with Micron to develop next‑generation DRAM, HBM and NAND for energy‑efficient AI systems — market coverage reports and trade commentary show investors treating this as a strategic win for AMAT’s equipment and services revenue. Applied Materials and Micron Partner To Advance U.S. Innovation in Next‑Generation AI Memory Solutions
• Positive Sentiment: Sector commentary and trade notes highlight AMAT as a beneficiary of the AI hardware cycle — outlets and analysts point to AMAT and Micron as winners within the AI trade, supporting near‑term investor demand. AMAT and Micron still winning in AI trade despite QQQ and sector weakness
• Neutral Sentiment: Research roundup notes AMAT riding a semiconductor rebound but flags rising risks — this provides context for upside while warning of cyclicality. Top Research Reports for JPMorgan, Johnson & Johnson & Applied Materials
• Neutral Sentiment: Reported short‑interest data in recent feeds shows effectively zero reported short interest (likely a reporting/data artifact), so short‑squeeze risk appears minimal based on available numbers.
• Negative Sentiment: Erste Group initiated coverage with a Hold rating, which may temper upside from the partnership headlines for some institutional holders. Erste Group Initiated Applied Materials, Inc. (AMAT) With a Hold Rating – Here’s Why
• Negative Sentiment: Despite strong free cash flow (Q1 FCF noted), coverage highlighted a recent pullback from highs — reminders of semicon cyclicality and profit‑taking could weigh on near‑term performance. Applied Materials Q1 2026 Free Cash Flow Hit $1.04 Billion, So Why Is the Stock Sliding

Insider Activity

In other Applied Materials news, Director Judy Bruner sold 3,969 shares of Applied Materials stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $377.02, for a total transaction of $1,496,392.38. Following the transaction, the director directly owned 28,589 shares in the company, valued at approximately $10,778,624.78. The trade was a 12.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Brice Hill sold 5,000 shares of the business’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $361.21, for a total value of $1,806,050.00. Following the completion of the transaction, the chief financial officer directly owned 138,565 shares of the company’s stock, valued at approximately $50,051,063.65. The trade was a 3.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 12,003 shares of company stock valued at $4,484,189 in the last quarter. Company insiders own 0.30% of the company’s stock.

Analyst Ratings Changes

AMAT has been the subject of a number of recent research reports. B. Riley Financial restated a “buy” rating and set a $450.00 target price (up from $400.00) on shares of Applied Materials in a research report on Friday, February 13th. Citigroup lifted their price objective on Applied Materials from $400.00 to $420.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Wells Fargo & Company boosted their price objective on Applied Materials from $350.00 to $435.00 and gave the stock an “overweight” rating in a report on Friday, February 13th. Craig Hallum reaffirmed a “hold” rating and issued a $190.00 target price on shares of Applied Materials in a research note on Friday, November 14th. Finally, Jefferies Financial Group lifted their price target on shares of Applied Materials from $260.00 to $360.00 and gave the stock a “buy” rating in a research report on Monday, December 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, Applied Materials currently has an average rating of “Moderate Buy” and an average target price of $363.46.

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.