Applied Materials, Inc. $AMAT Holdings Reduced by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lowered its position in Applied Materials, Inc. (NASDAQ:AMAT) by 25.9% during the 2nd quarter, Holdings Channel.com reports. The firm owned 45,900 shares of the manufacturing equipment provider’s stock after selling 16,007 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Applied Materials were worth $33,186,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Massachusetts Financial Services Co. MA raised its holdings in shares of Applied Materials by 28.8% during the second quarter. Massachusetts Financial Services Co. MA now owns 1,522,200 shares of the manufacturing equipment provider’s stock valued at $1,108,784,000 after buying an additional 340,362 shares during the last quarter. Avid Wealth Partners LLC bought a new position in Applied Materials in the 2nd quarter worth approximately $249,000. Hodges Capital Management Inc. grew its holdings in Applied Materials by 2.1% in the 2nd quarter. Hodges Capital Management Inc. now owns 44,597 shares of the manufacturing equipment provider’s stock worth $32,244,000 after buying an additional 910 shares in the last quarter. First Dallas Securities Inc. increased its position in Applied Materials by 2.4% in the 2nd quarter. First Dallas Securities Inc. now owns 4,275 shares of the manufacturing equipment provider’s stock valued at $3,091,000 after acquiring an additional 100 shares during the period. Finally, Eurizon SLJ Capital Ltd increased its position in Applied Materials by 2,975.9% in the 2nd quarter. Eurizon SLJ Capital Ltd now owns 27,775 shares of the manufacturing equipment provider’s stock valued at $20,081,000 after acquiring an additional 26,872 shares during the period. Institutional investors own 80.56% of the company’s stock.

Applied Materials Stock Performance

AMAT opened at $507.18 on Friday. The company has a market capitalization of $402.68 billion, a price-to-earnings ratio of 43.72, a price-to-earnings-growth ratio of 1.35 and a beta of 1.61. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.51 and a quick ratio of 1.80. Applied Materials, Inc. has a 1-year low of $154.46 and a 1-year high of $739.67. The business has a 50 day moving average price of $564.15 and a two-hundred day moving average price of $444.89.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.40 by $0.10. Applied Materials had a return on equity of 39.58% and a net margin of 30.05%.The firm had revenue of $9.12 billion during the quarter, compared to analyst estimates of $8.99 billion. During the same period last year, the company posted $2.48 EPS. The firm’s quarterly revenue was up 24.8% on a year-over-year basis. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. Research analysts predict that Applied Materials, Inc. will post 12.22 EPS for the current fiscal year.

Applied Materials Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be paid a dividend of $0.53 per share. 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 currently 19.91%.

Analyst Upgrades and Downgrades

AMAT has been the topic of several recent analyst reports. Erste Group Bank downgraded Applied Materials from a “buy” rating to a “hold” rating in a research note on Wednesday, August 5th. Stifel Nicolaus raised their price target on Applied Materials from $530.00 to $650.00 and gave the company a “buy” rating in a report on Friday, July 10th. Wells Fargo & Company lifted their price objective on shares of Applied Materials from $715.00 to $740.00 and gave the company an “overweight” rating in a research note on Friday, June 26th. Mizuho upped their price objective on shares of Applied Materials from $540.00 to $650.00 and gave the stock an “outperform” rating in a report on Wednesday, July 8th. Finally, Wall Street Zen upgraded shares of Applied Materials from a “hold” rating to a “buy” rating in a research report on Saturday. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $640.17.

Insider Buying and Selling at Applied Materials

In related news, SVP Omkaram Nalamasu sold 24,263 shares of Applied Materials stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $593.43, for a total transaction of $14,398,392.09. Following the transaction, the senior vice president directly owned 146,916 shares of the company’s stock, valued at $87,184,361.88. The trade was a 14.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Gary E. Dickerson sold 71,727 shares of the business’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $593.75, for a total transaction of $42,587,906.25. Following the completion of the sale, the chief executive officer owned 1,695,164 shares in the company, valued at approximately $1,006,503,625. This trade represents a 4.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 278,088 shares of company stock valued at $169,654,805. Corporate insiders own 0.30% of the company’s stock.

Applied Materials News Roundup

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

• Positive Sentiment: Record quarterly performance: Fiscal Q3 revenue rose 24.8% year over year to $9.12 billion, ahead of the $8.99 billion consensus estimate, while adjusted EPS of $3.50 exceeded expectations. AI infrastructure demand, advanced packaging and memory spending supported growth. Applied Materials Q3 Earnings Beat Estimates, Revenues Rise Y/Y
• Positive Sentiment: Above-consensus outlook: Management projected fiscal Q4 revenue of approximately $9.8 billion to $10.8 billion and EPS of $3.82 to $4.22, both above analyst expectations. The company also pointed to stronger systems growth and unusually long customer visibility into fiscal 2027 and beyond. Applied Materials Forecasts Quarterly Revenue Above Estimates
• Positive Sentiment: Analyst and institutional support: JPMorgan, RBC, TD Cowen, B. Riley, Needham and other firms maintained positive ratings or raised price targets. Soros Capital also reportedly added AMAT among several semiconductor positions, reinforcing the longer-term AI and chip-cycle investment case. Soros Capital Loads Up on Semiconductor Stocks
• Neutral Sentiment: Options imply a possible rebound: Derivatives-market data indicates traders expect the pullback could be temporary, although elevated volatility reflects uncertainty over the stock’s near-term direction. Applied Materials Options Data
• Negative Sentiment: Expectations were exceptionally high: Despite the earnings beat and upbeat guidance, investors wanted faster growth and clearer evidence that AMAT is outpacing rivals in semiconductor manufacturing equipment. Concerns about competition, margins and the pace of systems growth overshadowed the headline results. Applied Materials Slips as Investors Seek Faster Growth
• Negative Sentiment: Broader market pressure added to selling: Weaker July retail-sales data, profit-taking after record highs and a semiconductor-sector selloff weighed on AMAT and other AI-related stocks.

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.