Applied Materials, Inc. $AMAT Shares Sold by Montag A & Associates Inc.

Montag A & Associates Inc. lowered its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 6.6% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 44,546 shares of the manufacturing equipment provider’s stock after selling 3,126 shares during the quarter. Applied Materials accounts for 1.4% of Montag A & Associates Inc.’s investment portfolio, making the stock its 14th largest holding. Montag A & Associates Inc.’s holdings in Applied Materials were worth $32,207,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in Applied Materials by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 76,779,340 shares of the manufacturing equipment provider’s stock valued at $19,731,523,000 after purchasing an additional 330,197 shares in the last quarter. Capital Research Global Investors raised its stake in shares of Applied Materials by 119.8% during the 4th quarter. Capital Research Global Investors now owns 32,707,049 shares of the manufacturing equipment provider’s stock worth $8,405,458,000 after buying an additional 17,829,377 shares in the last quarter. Morgan Stanley lifted its holdings in shares of Applied Materials by 3.4% in the 4th quarter. Morgan Stanley now owns 11,470,835 shares of the manufacturing equipment provider’s stock valued at $2,947,891,000 after buying an additional 373,012 shares during the period. Norges Bank acquired a new stake in shares of Applied Materials in the 4th quarter valued at approximately $2,858,543,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Applied Materials by 17.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,688,232 shares of the manufacturing equipment provider’s stock valued at $2,746,769,000 after buying an additional 1,558,749 shares in the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Stock Performance

NASDAQ:AMAT opened at $535.31 on Tuesday. The company has a market cap of $425.01 billion, a P/E ratio of 46.15, a P/E/G ratio of 1.25 and a beta of 1.61. The company has a quick ratio of 1.79, a current ratio of 2.42 and a debt-to-equity ratio of 0.20. Applied Materials, Inc. has a fifty-two week low of $154.46 and a fifty-two week high of $739.67. The firm’s 50 day moving average is $565.01 and its two-hundred day moving average is $447.20.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings data on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.40 by $0.10. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The company had revenue of $9.12 billion during the quarter, compared to analyst estimates of $8.99 billion. During the same quarter in the prior year, the business earned $2.48 earnings per share. The business’s quarterly revenue was up 24.8% compared to the same quarter last year. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. Analysts expect that Applied Materials, Inc. will post 12.48 EPS for the current year.

Applied Materials Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be given 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 18.28%.

More Applied Materials News

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

• Positive Sentiment: Applied Materials reported fiscal third-quarter revenue of approximately $9.12 billion, up 24.8% year over year, while adjusted earnings of $3.50 per share exceeded consensus estimates. Management’s fiscal fourth-quarter revenue outlook of roughly $10.25 billion was also well above analyst expectations, signaling continued momentum. AMAT Q2 Deep Dive: AI Demand and Advanced Packaging Drive Guidance Upside, Market Reacts Cautiously
• Positive Sentiment: Several analysts remained constructive: B. Riley and Needham reiterated buy ratings, while price targets were raised to $600 and $660. These revisions reflect confidence in Applied Materials’ earnings growth and exposure to AI-related chip manufacturing. Applied Materials’ Buy Rating Reiterated at B. Riley Financial Applied Materials Price Target Raised to $600 Applied Materials Price Target Raised to $660
• Positive Sentiment: Investment commentary highlights AMAT as a potential beneficiary of the AI-driven memory surge. Higher memory spending and advanced semiconductor production could support equipment demand beyond the current earnings cycle. Why Applied Materials Could Be a Major Winner of the AI Memory Surge
• Neutral Sentiment: Market coverage characterizes the earnings report as fundamentally strong but notes that investors reacted cautiously, implying that much of the growth may already be reflected in the share price. Applied Materials: When Beating Wall Street Numbers Isn’t Enough
• Negative Sentiment: Despite record results and guidance, AMAT remains more than 25% below its 52-week high and trades at a premium earnings multiple. That valuation raises the risk of profit-taking or disappointment if AI and memory spending slows. Applied Materials Trades More Than 25% Below Its High With Revenue at a Record

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on AMAT. Seaport Research Partners reaffirmed a “buy” rating and set a $575.00 price target on shares of Applied Materials in a research note on Friday. Truist Financial set a $575.00 price objective on shares of Applied Materials in a research note on Thursday, May 28th. Argus boosted their price objective on shares of Applied Materials from $420.00 to $500.00 and gave the stock a “buy” rating in a report on Tuesday, May 19th. Wolfe Research upped their target price on shares of Applied Materials from $500.00 to $550.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. Finally, Wall Street Zen raised shares of Applied Materials from a “hold” rating to a “buy” rating in a report on Saturday. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $640.17.

Insider Buying and Selling

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 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 owned 146,916 shares in the company, valued at $87,184,361.88. The trade was a 14.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Prabu G. Raja sold 50,000 shares of the company’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $505.28, for a total value of $25,264,000.00. Following the completion of the sale, the insider directly owned 356,642 shares of the company’s stock, valued at $180,204,069.76. The trade was a 12.30% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 278,088 shares of company stock valued at $169,654,805 over the last ninety days. Insiders own 0.30% of the company’s stock.

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.