Triasima Portfolio Management inc. Buys 3,079 Shares of Applied Materials, Inc. $AMAT

Triasima Portfolio Management inc. raised its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 195.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,656 shares of the manufacturing equipment provider’s stock after purchasing an additional 3,079 shares during the period. Triasima Portfolio Management inc.’s holdings in Applied Materials were worth $2,381,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in AMAT. Assenagon Asset Management S.A. raised its position in Applied Materials by 141.2% in the 3rd quarter. Assenagon Asset Management S.A. now owns 1,283,410 shares of the manufacturing equipment provider’s stock worth $656,310,000 after purchasing an additional 751,400 shares during the period. WealthPLAN Partners LLC lifted its stake in Applied Materials by 40.3% in the third quarter. WealthPLAN Partners LLC now owns 3,813 shares of the manufacturing equipment provider’s stock worth $1,950,000 after purchasing an additional 1,095 shares during the last quarter. RDA Financial Network lifted its stake in Applied Materials by 18.5% in the third quarter. RDA Financial Network now owns 629 shares of the manufacturing equipment provider’s stock worth $322,000 after purchasing an additional 98 shares during the last quarter. Ninety One UK Ltd boosted its position in Applied Materials by 923.9% during the third quarter. Ninety One UK Ltd now owns 1,628 shares of the manufacturing equipment provider’s stock valued at $833,000 after buying an additional 1,469 shares during the period. Finally, Summit Financial Wealth Advisors LLC boosted its position in Applied Materials by 19.9% during the third quarter. Summit Financial Wealth Advisors LLC now owns 855 shares of the manufacturing equipment provider’s stock valued at $437,000 after buying an additional 142 shares during the period. Institutional investors own 80.56% of the company’s stock.

Applied Materials News Roundup

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

• Positive Sentiment: Applied Materials unveiled its approximately $5 billion EPIC Center in Sunnyvale, California, described as the world’s largest semiconductor equipment and process-technology research facility. The center, supported by companies including Intel, Micron, SK hynix, and Samsung, is intended to accelerate chip development and strengthen AMAT’s long-term position in advanced manufacturing. Applied Materials opens $5B semiconductor innovation center
• Positive Sentiment: Royal Bank of Canada reaffirmed an Outperform rating and set a $600 price target. Other coverage highlights AMAT’s fifth consecutive earnings beat, improving earnings estimates, and what analysts view as attractive upside after the stock’s recent decline. Applied Materials could nearly double within 12 months
• Positive Sentiment: AMAT is being cited as a growth-at-a-reasonable-price semiconductor stock, supported by its broad wafer-fabrication equipment portfolio and expected benefits from expanding chip and AI infrastructure capacity. ASML vs. Applied Materials
• Neutral Sentiment: Analyst coverage is mixed: some firms remain bullish, while others are conflicted on the technology sector and AMAT specifically. A report also noted that 31 ETFs added AMAT shares, indicating continued institutional interest but not necessarily a near-term catalyst. Analysts conflicted on technology names
• Negative Sentiment: AMAT’s decline followed a six-session losing streak and weakness across chip stocks. Investor Day disclosures, including the company’s optical-inspection expansion and long-term targets, have not yet overcome investor concerns about near-term execution, elevated valuation, and semiconductor-sector volatility. Applied Materials drops during Investor Day

Applied Materials Price Performance

Shares of Applied Materials stock opened at $430.01 on Friday. The company has a quick ratio of 1.79, a current ratio of 2.42 and a debt-to-equity ratio of 0.20. The company has a market cap of $341.26 billion, a PE ratio of 37.07, a P/E/G ratio of 1.24 and a beta of 1.60. The business has a 50 day moving average of $483.12 and a 200 day moving average of $485.62. Applied Materials, Inc. has a 52 week low of $203.40 and a 52 week high of $739.67.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 EPS for the quarter, topping analysts’ consensus estimates of $3.40 by $0.10. The company had revenue of $9.12 billion during the quarter, compared to analyst estimates of $8.99 billion. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%. The firm’s revenue was up 24.8% on a year-over-year basis. During the same quarter last year, the firm posted $2.48 earnings per share. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. As a group, equities research 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 disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Thursday, November 19th will be issued a $0.53 dividend. The ex-dividend date is Thursday, November 19th. This represents a $2.12 annualized dividend and a yield of 0.5%. Applied Materials’s dividend payout ratio is 18.28%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. JPMorgan Chase & Co. lifted their price objective on Applied Materials from $515.00 to $660.00 and gave the stock an “overweight” rating in a report on Friday, August 14th. Morgan Stanley dropped their target price on Applied Materials from $642.00 to $563.00 and set an “equal weight” rating for the company in a report on Monday, September 28th. Evercore set a $590.00 target price on Applied Materials in a report on Thursday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $605.00 price target (down from $680.00) on shares of Applied Materials in a research report on Friday, August 14th. Finally, William Blair assumed coverage on Applied Materials in a research note on Tuesday, August 11th. They issued a “market perform” rating on the stock. 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 stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $637.14.

Insider Transactions at Applied Materials

In other news, CAO Adam Sanders sold 725 shares of Applied Materials stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $544.56, for a total transaction of $394,806.00. Following the sale, the chief accounting officer owned 3,181 shares of the company’s stock, valued at approximately $1,732,245.36. The trade was a 18.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Brice Hill sold 7,500 shares of the business’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $479.25, for a total transaction of $3,594,375.00. Following the transaction, the chief financial officer owned 128,613 shares in the company, valued at $61,637,780.25. This represents a 5.51% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 9,225 shares of company stock valued at $4,454,181. Company insiders own 0.30% of the company’s stock.

Applied Materials Company 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.