TCW Group Inc. Has $119.42 Million Stock Position in Applied Materials, Inc. $AMAT

TCW Group Inc. lessened its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 1.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 165,174 shares of the manufacturing equipment provider’s stock after selling 2,822 shares during the quarter. Applied Materials makes up 0.8% of TCW Group Inc.’s holdings, making the stock its 29th biggest position. TCW Group Inc.’s holdings in Applied Materials were worth $119,421,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cornerstone Financial Management LLC acquired a new position in Applied Materials during the fourth quarter worth $25,000. Wilkerson Advisory Group LLC acquired a new stake in Applied Materials in the fourth quarter valued at $26,000. Financial Freedom LLC acquired a new stake in Applied Materials in the first quarter valued at $28,000. Joseph Group Capital Management bought a new position in shares of Applied Materials in the 4th quarter valued at about $31,000. Finally, Dogwood Wealth Management LLC increased its stake in shares of Applied Materials by 52.4% during the 4th 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. 80.56% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. KeyCorp raised their target price on shares of Applied Materials from $550.00 to $750.00 and gave the company an “overweight” rating in a research note on Monday, June 29th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $605.00 price target on shares of Applied Materials in a research report on Friday. Stifel Nicolaus upped their price objective on Applied Materials from $530.00 to $650.00 and gave the company a “buy” rating in a research note on Friday, July 10th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $645.00 price objective on shares of Applied Materials in a research report on Monday, August 3rd. Finally, Wall Street Zen upgraded Applied Materials from a “hold” rating to a “buy” rating in a research note on Saturday. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, Applied Materials has an average rating of “Moderate Buy” and a consensus price target of $640.17.

Insider Buying and Selling at Applied Materials

In other Applied Materials news, SVP Omkaram Nalamasu sold 24,263 shares of the business’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $593.43, for a total value of $14,398,392.09. Following the completion of the sale, the senior vice president owned 146,916 shares of the company’s stock, valued at $87,184,361.88. The trade was a 14.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Gary E. Dickerson sold 71,727 shares of the stock in a transaction that occurred on 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 transaction, the chief executive officer owned 1,695,164 shares in the company, valued at approximately $1,006,503,625. The trade was a 4.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 278,088 shares of company stock valued at $169,654,805 in the last quarter. Company insiders own 0.30% of the company’s stock.

Applied Materials Stock Performance

NASDAQ:AMAT opened at $507.18 on Friday. The stock has a 50 day simple moving average of $564.15 and a 200 day simple moving average of $444.89. The stock has a market cap of $402.68 billion, a P/E ratio of 43.72, a PEG ratio of 1.28 and a beta of 1.61. Applied Materials, Inc. has a 1-year low of $154.46 and a 1-year high of $739.67. 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) last issued its quarterly earnings data on Thursday, August 13th. The manufacturing equipment provider reported $3.50 EPS for the quarter, beating analysts’ consensus estimates of $3.40 by $0.10. The firm had revenue of $9.12 billion for the quarter, compared to analyst estimates of $8.99 billion. Applied Materials had a return on equity of 39.58% and a net margin of 30.05%.The company’s revenue for the quarter was up 24.8% on a year-over-year basis. During the same period in the prior year, the firm posted $2.48 EPS. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. Research analysts anticipate that Applied Materials, Inc. will post 12.48 earnings per share for the current year.

Applied Materials Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be paid a $0.53 dividend. The ex-dividend date is Thursday, August 20th. This represents a $2.12 annualized dividend and a dividend yield of 0.4%. Applied Materials’s dividend payout ratio is 19.91%.

More Applied Materials News

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 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.