Applied Materials, Inc. $AMAT Position Trimmed by William Allan Corp

William Allan Corp trimmed its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 2.9% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 39,010 shares of the manufacturing equipment provider’s stock after selling 1,171 shares during the quarter. Applied Materials comprises approximately 10.6% of William Allan Corp’s portfolio, making the stock its biggest position. William Allan Corp’s holdings in Applied Materials were worth $19,949,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. raised its holdings in Applied Materials by 1.6% during the second quarter. BlackRock Inc. now owns 80,212,518 shares of the manufacturing equipment provider’s stock worth $57,993,650,000 after purchasing an additional 1,237,685 shares in the last quarter. State Street Corp lifted its position in shares of Applied Materials by 85.4% during the 2nd quarter. State Street Corp now owns 69,525,842 shares of the manufacturing equipment provider’s stock worth $50,267,184,000 after buying an additional 32,018,892 shares during the last quarter. Amundi boosted its holdings in shares of Applied Materials by 19.0% in the 2nd quarter. Amundi now owns 7,808,207 shares of the manufacturing equipment provider’s stock valued at $5,645,344,000 after buying an additional 1,246,876 shares in the last quarter. Van ECK Associates Corp boosted its holdings in shares of Applied Materials by 16.2% in the 2nd quarter. Van ECK Associates Corp now owns 7,713,599 shares of the manufacturing equipment provider’s stock valued at $5,576,932,000 after buying an additional 1,073,879 shares in the last quarter. Finally, Bank of America Corp DE acquired a new position in shares of Applied Materials in the 2nd quarter valued at $5,252,863,000. 80.56% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Applied Materials news, CFO Brice Hill sold 7,500 shares of the company’s stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $479.25, for a total transaction of $3,594,375.00. Following the completion of the sale, the chief financial officer directly owned 128,613 shares of the company’s stock, valued at $61,637,780.25. This represents a 5.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Judy Bruner sold 1,000 shares of the stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $465.00, for a total value of $465,000.00. Following the sale, the director directly owned 25,544 shares of the company’s stock, valued at $11,877,960. The trade was a 3.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 9,225 shares of company stock valued at $4,454,181 over the last quarter. 0.30% of the stock is currently owned by insiders.

Applied Materials Trading Down 3.8%

Shares of Applied Materials stock opened at $446.63 on Thursday. Applied Materials, Inc. has a 1 year low of $203.40 and a 1 year high of $739.67. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.79 and a current ratio of 2.42. The company has a market capitalization of $354.45 billion, a P/E ratio of 38.50, a PEG ratio of 1.29 and a beta of 1.60. The company’s fifty day moving average is $485.07 and its two-hundred day moving average is $484.96.

Applied Materials (NASDAQ:AMAT) last posted 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. 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 for the quarter, compared to analyst estimates of $8.99 billion. During the same period in the previous year, the business posted $2.48 earnings per share. Applied Materials’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. Analysts forecast that Applied Materials, Inc. will post 12.79 earnings per share for the current year.

Applied Materials Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Thursday, November 19th will be issued a dividend of $0.53 per share. The ex-dividend date of this dividend is Thursday, November 19th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.5%. Applied Materials’s dividend payout ratio (DPR) is currently 18.28%.

Applied Materials News Roundup

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

• Positive Sentiment: Royal Bank of Canada reaffirmed its “Outperform” rating and assigned a $600 price target, implying substantial potential upside. Analysts overall see roughly 39% upside based on consensus targets, supported by favorable earnings-estimate revisions. Applied Materials long-term targets
• Positive Sentiment: Applied Materials unveiled its EPIC semiconductor research and development center, backed by major industry partners including Intel, Micron, SK Hynix and Samsung. The approximately $5 billion initiative is intended to accelerate advanced-chip development and strengthen the company’s position in AI infrastructure. Applied Materials EPIC center
• Positive Sentiment: Management highlighted potential market-share gains, eBeam equipment revenue of about $2 billion in 2026 and semiconductor-services revenue exceeding $12 billion by 2030. Applied Ventures also invested in Flexcompute to advance AI-powered physics modeling for faster chip research and development. Applied Ventures Flexcompute investment
• Neutral Sentiment: Applied Materials has continued to beat quarterly earnings expectations, but investors are weighing those results against an elevated valuation and concerns about how much future AI spending is already reflected in the stock.
• Negative Sentiment: The stock came under pressure after the investor-day presentation because the 2030 margin and growth targets were viewed as conservative or insufficiently specific. Reports also pointed to an omission that raised concerns about the company’s future outlook, tempering enthusiasm for the otherwise strong AI-demand narrative. Why Applied Materials sank
• Negative Sentiment: Semiconductor-equipment shares broadly sold off as investors took profits after a strong run, with weakness in overseas chip markets adding pressure. Broader technology declines and uncertainty ahead of inflation data further reduced risk appetite. Semiconductor equipment stock selloff

Analysts Set New Price Targets

A number of research firms recently commented on AMAT. Rothschild & Co Redburn increased their target price on shares of Applied Materials from $450.00 to $560.00 and gave the company a “neutral” rating in a research report on Wednesday, June 17th. Wells Fargo & Company boosted their price target on shares of Applied Materials from $715.00 to $740.00 and gave the company an “overweight” rating in a research report on Friday, June 26th. TD Cowen reissued a “buy” rating and issued a $700.00 price target on shares of Applied Materials in a research report on Friday, August 14th. Susquehanna upped their price objective on shares of Applied Materials from $575.00 to $900.00 and gave the company a “positive” rating in a research note on Tuesday, June 30th. Finally, KeyCorp upped their price objective 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. One analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $640.20.

Applied Materials Profile

Applied Materials, Inc is a global supplier of equipment, services and software used to manufacture semiconductor chips, flat-panel displays and other advanced electronic products. Its technologies help customers build and enhance materials at the nanoscale, supporting processes such as deposition, etching, inspection, metrology and packaging.

The company’s offerings include semiconductor manufacturing systems, process-control and inspection equipment, and services designed to improve the performance, productivity and longevity of production equipment.