Havemeyer Place LP Acquires New Holdings in Applied Materials, Inc. $AMAT

Havemeyer Place LP acquired a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 16,984 shares of the manufacturing equipment provider’s stock, valued at approximately $4,365,000. Applied Materials accounts for approximately 0.9% of Havemeyer Place LP’s holdings, making the stock its 5th biggest holding.

Several other institutional investors also recently bought and sold shares of the business. Redmont Wealth Advisors LLC purchased a new position in Applied Materials in the third quarter worth $26,000. Highline Wealth Partners LLC grew its holdings in Applied Materials by 48.7% in the fourth quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock worth $30,000 after purchasing an additional 38 shares during the last quarter. Joseph Group Capital Management purchased a new position in Applied Materials in the fourth quarter worth $31,000. Dogwood Wealth Management LLC grew its holdings in Applied Materials by 52.4% in the fourth quarter. Dogwood Wealth Management LLC now owns 128 shares of the manufacturing equipment provider’s stock worth $33,000 after purchasing an additional 44 shares during the last quarter. Finally, IMG Wealth Management Inc. grew its holdings in Applied Materials by 147.2% in the fourth quarter. IMG Wealth Management Inc. now owns 131 shares of the manufacturing equipment provider’s stock worth $34,000 after purchasing an additional 78 shares during the last quarter. 80.56% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

AMAT has been the topic of several analyst reports. TD Cowen lifted their price target on shares of Applied Materials from $450.00 to $525.00 and gave the stock a “buy” rating in a report on Friday, May 15th. KGI Securities raised shares of Applied Materials to an “outperform” rating and set a $425.00 price target on the stock in a report on Friday, February 13th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Applied Materials from $450.00 to $550.00 and gave the stock a “buy” rating in a report on Friday, May 15th. JPMorgan Chase & Co. lifted their price target on shares of Applied Materials from $400.00 to $515.00 and gave the stock an “overweight” rating in a report on Friday, May 15th. Finally, KeyCorp lifted their price target on shares of Applied Materials from $450.00 to $550.00 and gave the stock an “overweight” rating in a report on Friday, May 15th. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $470.13.

Applied Materials News Roundup

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

• Positive Sentiment: Applied Materials continues to benefit from AI-related demand and a deeper push into advanced chip packaging, including its completed acquisition of ASMPT NEXX and expanded collaboration with SCREEN Semiconductor, which could support future growth in semiconductor equipment. Applied Materials Deepens AI Chip Packaging Push As Valuation Stretches
• Positive Sentiment: The company’s recent earnings results beat estimates, with stronger revenue and EPS, and management’s guidance plus recent analyst price-target increases continue to reinforce the bullish longer-term view.
• Neutral Sentiment: TipRanks noted insider trading activity in AMAT as part of a broader weekend update, adding to investor attention but not necessarily changing the fundamental outlook. Rigetti, McDonald’s, Applied Materials, GM, Rocket Lab Insiders Stir Buzz
• Negative Sentiment: Recent insider sales by CFO Brice Hill and executive Prabu G. Raja may have pressured shares, as investors often view heavy insider selling cautiously even when the company’s outlook remains solid. Applied Materials CFO Sells Stock
• Negative Sentiment: Semiconductor stocks broadly sold off after the strong jobs report and broader chip-sector weakness tied to the AVGO earnings overhang, which appears to be dragging AMAT lower with the group. Applied Materials, Lam Research, and Nova Stocks Trade Down, What You Need To Know

Insider Activity at Applied Materials

In related news, Director Judy Bruner sold 1,128 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $450.00, for a total transaction of $507,600.00. Following the completion of the transaction, the director directly owned 26,544 shares in the company, valued at $11,944,800. The trade was a 4.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Prabu G. Raja sold 50,000 shares of the business’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $505.28, for a total transaction of $25,264,000.00. Following the transaction, the insider owned 356,642 shares of the company’s stock, valued at $180,204,069.76. This represents a 12.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 53,896 shares of company stock valued at $27,135,121. 0.30% of the stock is currently owned by corporate insiders.

Applied Materials Trading Down 9.7%

NASDAQ:AMAT opened at $453.01 on Friday. Applied Materials, Inc. has a 12 month low of $154.46 and a 12 month high of $510.75. The firm has a fifty day simple moving average of $408.94 and a 200-day simple moving average of $342.31. The company has a current ratio of 2.51, a quick ratio of 1.80 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $359.67 billion, a P/E ratio of 42.54, a PEG ratio of 1.27 and a beta of 1.67.

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, topping 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 the consensus estimate of $7.68 billion. During the same period in the previous 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. On average, equities research analysts anticipate that Applied Materials, Inc. will post 12.02 earnings per share for the current year.

Applied Materials Increases Dividend

The business 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 dividend of $0.53 per share. The ex-dividend date is Thursday, May 21st. This is an increase 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 presently 19.91%.

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.