Stiles Financial Services Inc lowered its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 10.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,291 shares of the manufacturing equipment provider’s stock after selling 1,123 shares during the quarter. Stiles Financial Services Inc’s holdings in Applied Materials were worth $3,176,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also bought and sold shares of AMAT. Whipplewood Advisors LLC raised its position in Applied Materials by 218.8% in the 1st quarter. Whipplewood Advisors LLC now owns 102 shares of the manufacturing equipment provider’s stock valued at $35,000 after buying an additional 70 shares during the last quarter. Elevated Capital Advisors LLC boosted its holdings in Applied Materials by 7.9% during the 1st quarter. Elevated Capital Advisors LLC now owns 5,058 shares of the manufacturing equipment provider’s stock worth $1,729,000 after acquiring an additional 370 shares during the last quarter. GreatBanc Trust CO bought a new stake in shares of Applied Materials in the 1st quarter worth $248,000. Texas Bank & Trust Co raised its holdings in shares of Applied Materials by 2.6% in the first quarter. Texas Bank & Trust Co now owns 11,560 shares of the manufacturing equipment provider’s stock valued at $3,951,000 after purchasing an additional 297 shares during the last quarter. Finally, Peterson Wealth Services raised its holdings in shares of Applied Materials by 70.2% in the first quarter. Peterson Wealth Services now owns 1,916 shares of the manufacturing equipment provider’s stock valued at $655,000 after purchasing an additional 790 shares during the last quarter. 80.56% of the stock is owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other Applied Materials news, SVP Timothy M. Deane sold 8,621 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $590.76, for a total transaction of $5,092,941.96. Following the sale, the senior vice president directly owned 134,631 shares of the company’s stock, valued at $79,534,609.56. This represents a 6.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Gary E. Dickerson sold 20,000 shares of the company’s stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $735.22, for a total transaction of $14,704,400.00. Following the sale, the chief executive officer directly owned 1,599,843 shares in the company, valued at approximately $1,176,236,570.46. This trade represents a 1.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 278,088 shares of company stock worth $169,654,805 in the last ninety days. 0.30% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth
Check Out Our Latest Report on Applied Materials
Applied Materials Price Performance
Shares of NASDAQ AMAT opened at $588.66 on Friday. The stock has a fifty day simple moving average of $513.50 and a two-hundred day simple moving average of $400.88. Applied Materials, Inc. has a 1-year low of $154.46 and a 1-year high of $739.67. The firm has a market cap of $467.37 billion, a price-to-earnings ratio of 55.27, a price-to-earnings-growth ratio of 1.59 and a beta of 1.57. The company has a current ratio of 2.51, a quick ratio of 1.80 and a debt-to-equity ratio of 0.22.
Applied Materials (NASDAQ:AMAT – Get Free Report) last released its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.68 by $0.18. The business had revenue of $7.91 billion during the quarter, compared to the consensus estimate of $7.68 billion. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The business’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same period last year, the business posted $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Analysts anticipate that Applied Materials, Inc. will post 12.11 earnings per share for the current year.
Applied Materials Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be issued a $0.53 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.12 annualized dividend and a yield of 0.4%. Applied Materials’s dividend payout ratio (DPR) is 19.91%.
Trending Headlines about Applied Materials
Here are the key news stories impacting Applied Materials this week:
- Positive Sentiment: CEO Gary Dickerson said Applied Materials has “tremendous visibility” into demand, suggesting chipmakers are planning further ahead than usual and that AI-related capital spending could stay strong for years. Applied Materials CEO Sees ‘Tremendous Visibility’ Into Demand
- Positive Sentiment: Reports that Meta Platforms plans to begin making its own AI chip lifted the broader semiconductor group, helping Applied Materials as investors bet on more wafer-fabrication equipment demand. Applied Materials stock jumps as Meta AI chip plan lifts semiconductor names
- Positive Sentiment: Analysts and market commentary highlighted a rebound in AMAT as AI spending expectations improved and semiconductor equipment names drew renewed investor interest. Applied Materials (AMAT) Rebounds On AI Demand Outlook As Fair Value Debate Returns
- Positive Sentiment: Applied Materials also benefits from growing demand in advanced packaging, with management targeting more than 50% packaging revenue growth in 2026 as AI drives HBM and chiplet-stacking adoption. Can AMAT’s Advanced Packaging Drive Its Next Growth Phase?
- Neutral Sentiment: Some recent commentary argues AMAT may be late to the AI trade and that valuation has already run up, which could limit further upside if expectations cool. Applied Materials: You’re Late To The AI Party
- Neutral Sentiment: Susquehanna raised its price target on Applied Materials, reinforcing a constructive but still analyst-dependent outlook. Susquehanna Raises Price Target on Applied Materials, Inc. (AMAT)
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.
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