Applied Materials, Inc. $AMAT Shares Acquired by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC lifted its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 11.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,902 shares of the manufacturing equipment provider’s stock after acquiring an additional 887 shares during the period. Chicago Partners Investment Group LLC’s holdings in Applied Materials were worth $3,043,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Cornerstone Financial Management LLC acquired a new stake in Applied Materials during the 4th quarter worth $25,000. Wilkerson Advisory Group LLC purchased a new position in Applied Materials during the 4th quarter worth $26,000. Financial Freedom LLC acquired a new position in Applied Materials in the first quarter valued at $28,000. Highline Wealth Partners LLC increased its stake 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 valued at $30,000 after purchasing an additional 38 shares during the period. Finally, Joseph Group Capital Management purchased a new stake in shares of Applied Materials in the fourth quarter valued at about $31,000. 80.56% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on AMAT shares. Zacks Research upgraded shares of Applied Materials from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 1st. Wall Street Zen upgraded Applied Materials from a “hold” rating to a “buy” rating in a research report on Saturday, May 23rd. Barclays upped their price objective on Applied Materials from $500.00 to $590.00 and gave the company an “overweight” rating in a research note on Thursday, June 11th. HSBC began coverage on Applied Materials in a research report on Friday, May 8th. They set a “buy” rating and a $517.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on Applied Materials from $450.00 to $550.00 and gave the company a “buy” rating in a research note on Friday, May 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $589.48.

Insider Transactions at Applied Materials

In other Applied Materials news, SVP Timothy M. Deane sold 8,621 shares of the business’s stock in a transaction on 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 in the company, valued at approximately $79,534,609.56. The trade was a 6.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Thomas J. Iannotti sold 9,250 shares of the company’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $599.77, for a total transaction of $5,547,872.50. Following the transaction, the director directly owned 40,559 shares in the company, valued at approximately $24,326,071.43. This trade represents a 18.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 278,088 shares of company stock valued at $169,654,805 in the last three months. Insiders own 0.30% of the company’s stock.

Applied Materials Price Performance

Shares of AMAT opened at $575.39 on Tuesday. 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 stock’s 50 day moving average is $521.52 and its two-hundred day moving average is $405.52. Applied Materials, Inc. has a twelve month low of $154.46 and a twelve month high of $739.67. The firm has a market capitalization of $456.84 billion, a PE ratio of 54.03, a P/E/G ratio of 1.53 and a beta of 1.57.

Applied Materials (NASDAQ:AMAT) last issued 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 company’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same period in the prior year, the business posted $2.39 EPS. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Research analysts anticipate that Applied Materials, Inc. will post 12.13 earnings per share for the current year.

Applied Materials Dividend Announcement

The firm 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 dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, August 20th. Applied Materials’s dividend payout ratio is currently 19.91%.

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.