Applied Materials, Inc. $AMAT Shares Purchased by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC increased its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 4.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 57,175 shares of the manufacturing equipment provider’s stock after purchasing an additional 2,426 shares during the period. EverSource Wealth Advisors LLC’s holdings in Applied Materials were worth $14,694,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Americana Partners LLC increased its position in Applied Materials by 0.8% during the fourth quarter. Americana Partners LLC now owns 7,593 shares of the manufacturing equipment provider’s stock worth $1,951,000 after purchasing an additional 59 shares during the last quarter. Mizuho Markets Americas LLC acquired a new stake in Applied Materials during the fourth quarter worth about $25,442,000. Daviman Financial LLC acquired a new stake in Applied Materials during the fourth quarter worth about $594,000. Advisory Alpha LLC boosted its stake in Applied Materials by 4.4% during the fourth quarter. Advisory Alpha LLC now owns 10,182 shares of the manufacturing equipment provider’s stock worth $2,618,000 after buying an additional 425 shares during the period. Finally, Evoke Wealth LLC boosted its stake in Applied Materials by 122.0% during the fourth quarter. Evoke Wealth LLC now owns 3,506 shares of the manufacturing equipment provider’s stock worth $901,000 after buying an additional 1,927 shares during the period. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Applied Materials Trading Up 1.1%

NASDAQ AMAT opened at $432.16 on Friday. The firm has a 50 day simple moving average of $387.09 and a 200-day simple moving average of $326.06. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.80 and a current ratio of 2.51. Applied Materials, Inc. has a one year low of $153.47 and a one year high of $448.45. The firm has a market cap of $342.97 billion, a price-to-earnings ratio of 40.58, a PEG ratio of 1.20 and a beta of 1.66.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, beating the consensus estimate of $2.68 by $0.18. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The business had revenue of $7.91 billion during the quarter, compared to analyst estimates of $7.68 billion. During the same quarter last year, the firm posted $2.39 earnings per share. The business’s revenue for the quarter was up 11.4% compared to the same quarter last year. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Equities research analysts anticipate that Applied Materials, Inc. will post 12.02 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. Stockholders of record on Thursday, May 21st will be paid a $0.53 dividend. The ex-dividend date of this dividend is Thursday, May 21st. This is a positive change from Applied Materials’s previous quarterly dividend of $0.46. This represents a $2.12 annualized dividend and a dividend yield of 0.5%. Applied Materials’s payout ratio is 19.91%.

Insider Activity at Applied Materials

In other news, Director Judy Bruner sold 3,969 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $377.02, for a total value of $1,496,392.38. Following the completion of the transaction, the director owned 28,589 shares of the company’s stock, valued at approximately $10,778,624.78. This trade represents a 12.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Adam Sanders sold 534 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $379.16, for a total transaction of $202,471.44. Following the completion of the transaction, the chief accounting officer directly owned 4,625 shares of the company’s stock, valued at approximately $1,753,615. The trade was a 10.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 7,003 shares of company stock valued at $2,678,139. Insiders own 0.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. UBS Group increased their target price on shares of Applied Materials from $480.00 to $515.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Morgan Stanley reaffirmed an “equal weight” rating and set a $502.00 target price (up from $454.00) on shares of Applied Materials in a research note on Friday, May 15th. Bank of America increased their target price on shares of Applied Materials from $465.00 to $540.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Needham & Company LLC increased their target price on shares of Applied Materials from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Finally, Stifel Nicolaus set a $530.00 target price on shares of Applied Materials in a research note on Friday, May 15th. Twenty-seven analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $465.14.

About Applied Materials

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.