Applied Materials, Inc. $AMAT Shares Purchased by Hemenway Trust Co LLC

Hemenway Trust Co LLC boosted its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 45.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 73,190 shares of the manufacturing equipment provider’s stock after buying an additional 23,033 shares during the period. Applied Materials accounts for approximately 1.4% of Hemenway Trust Co LLC’s holdings, making the stock its 25th largest holding. Hemenway Trust Co LLC’s holdings in Applied Materials were worth $18,809,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Morse Asset Management Inc boosted its stake in Applied Materials by 10.8% in the 4th quarter. Morse Asset Management Inc now owns 2,925 shares of the manufacturing equipment provider’s stock worth $752,000 after buying an additional 284 shares during the last quarter. American Financial Advisors LLC acquired a new stake in Applied Materials in the 4th quarter worth about $217,000. Acorn Financial Advisory Services Inc. ADV acquired a new stake in Applied Materials in the 4th quarter worth about $232,000. Highland Capital Management LLC boosted its stake in Applied Materials by 195.5% in the 4th quarter. Highland Capital Management LLC now owns 11,976 shares of the manufacturing equipment provider’s stock worth $3,078,000 after buying an additional 7,923 shares during the last quarter. Finally, Alpha Wealth Funds LLC boosted its stake in Applied Materials by 28.6% in the 4th quarter. Alpha Wealth Funds LLC now owns 4,500 shares of the manufacturing equipment provider’s stock worth $1,207,000 after buying an additional 1,000 shares during the last quarter. 80.56% of the stock is owned by institutional investors and hedge funds.

Applied Materials Stock Performance

Applied Materials stock opened at $410.82 on Wednesday. The stock’s 50 day moving average price is $369.34 and its 200 day moving average price is $308.46. The firm has a market capitalization of $326.03 billion, a PE ratio of 42.05, a price-to-earnings-growth ratio of 1.74 and a beta of 1.66. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.94 and a current ratio of 2.71. Applied Materials, Inc. has a one year low of $151.51 and a one year high of $420.50.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings results on Thursday, February 12th. The manufacturing equipment provider reported $2.38 EPS for the quarter, topping the consensus estimate of $2.21 by $0.17. The firm had revenue of $7.01 billion for the quarter, compared to analyst estimates of $6.88 billion. Applied Materials had a return on equity of 37.52% and a net margin of 27.78%.Applied Materials’s revenue for the quarter was down 2.1% on a year-over-year basis. During the same period in the previous year, the company posted $2.38 EPS. 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 11.14 EPS for the current fiscal year.

Applied Materials Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Thursday, May 21st will be issued a dividend of $0.53 per share. The ex-dividend date is Thursday, May 21st. This represents a $2.12 annualized dividend and a yield of 0.5%. This is a boost from Applied Materials’s previous quarterly dividend of $0.46. Applied Materials’s dividend payout ratio (DPR) is presently 18.83%.

Insiders Place Their Bets

In other Applied Materials news, Director Judy Bruner sold 2,500 shares of Applied Materials stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $391.71, for a total transaction of $979,275.00. Following the sale, the director directly owned 26,089 shares in the company, valued at $10,219,322.19. The trade was a 8.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Adam Sanders sold 534 shares of Applied Materials stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $379.16, for a total value of $202,471.44. Following the sale, the chief accounting officer owned 4,625 shares in the company, valued at $1,753,615. This represents a 10.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 12,003 shares of company stock worth $4,484,189 in the last three months. 0.30% of the stock is owned by insiders.

Applied Materials News Roundup

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

• Positive Sentiment: Morgan Stanley raised its price target to $454 and kept an “overweight” rating, signaling more upside from current levels and likely supporting buying interest. Morgan Stanley raises AMAT price target to $454 (Benzinga)
• Positive Sentiment: Applied Materials agreed to acquire NEXX (from ASMPT) to broaden its panel‑level advanced packaging tech — strengthens AMAT’s exposure to AI accelerator packaging, a high‑growth end market. Applied Materials Broadens Advanced Packaging Portfolio with Acquisition of NEXX (GlobeNewswire)
• Positive Sentiment: Coverage and news pieces highlight AMAT’s strong history of earnings surprises and argue the company has the key ingredients to beat again — this raises the probability of another upside EPS surprise and helps near‑term sentiment. Will Applied Materials (AMAT) Beat Estimates Again in Its Next Earnings Report? (Yahoo)
• Neutral Sentiment: Sector momentum: chip stocks rallied sharply in April, which benefits large equipment suppliers like AMAT via sentiment and multiple expansion — positive tailwind but indirect. Chip Stocks Soared 70%+ in April. Have They Gone Too Far? (247wallst)
• Neutral Sentiment: Peer earnings beats (Advanced Energy, Lattice Semiconductor) show AI/data‑center demand lifting equipment and component suppliers — supportive context but not company‑specific. Advanced Energy Q1 Earnings Beat Estimates (Yahoo)
• Neutral Sentiment: Another peer, Lattice, beat Q1 estimates; such results can validate demand trends AMAT operates in but don’t directly change AMAT fundamentals. Lattice Semiconductor Q1 Earnings and Revenues Beat Estimates (Yahoo)
• Neutral Sentiment: An ACM Research article in your feed is company‑specific to ACMR (not AMAT) and discusses revenue growth vs. margin pressure — peripheral to AMAT but part of the broader equipment ecosystem newsflow. ACM Research to Report Q1 Earnings: What’s in Store for the Stock? (Yahoo)

Wall Street Analyst Weigh In

A number of analysts have issued reports on AMAT shares. Summit Insights raised Applied Materials from a “hold” rating to a “buy” rating in a research note on Friday, February 13th. Mizuho raised their price target on Applied Materials from $370.00 to $410.00 and gave the stock an “outperform” rating in a research note on Friday, February 13th. KGI Securities raised Applied Materials to an “outperform” rating and set a $425.00 price target on the stock in a research note on Friday, February 13th. Morgan Stanley raised their price target on Applied Materials from $432.00 to $454.00 and gave the stock an “overweight” rating in a research note on Tuesday. Finally, Zacks Research lowered Applied Materials from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Twenty-seven research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $370.86.

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.