Applied Materials, Inc. $AMAT Stock Acquired by Talbot Financial LLC

Talbot Financial LLC increased its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 1.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 142,577 shares of the manufacturing equipment provider’s stock after purchasing an additional 1,759 shares during the period. Applied Materials accounts for about 5.2% of Talbot Financial LLC’s holdings, making the stock its 5th biggest position. Talbot Financial LLC’s holdings in Applied Materials were worth $72,911,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. BlackRock Inc. raised its holdings in shares of Applied Materials by 1.6% in the second quarter. BlackRock Inc. now owns 80,212,518 shares of the manufacturing equipment provider’s stock worth $57,993,650,000 after acquiring an additional 1,237,685 shares during the last quarter. State Street Corp lifted its position in shares of Applied Materials by 85.4% in the second quarter. State Street Corp now owns 69,525,842 shares of the manufacturing equipment provider’s stock valued at $50,267,184,000 after acquiring an additional 32,018,892 shares in the last quarter. Amundi boosted its stake in shares of Applied Materials by 19.0% during the second quarter. Amundi now owns 7,808,207 shares of the manufacturing equipment provider’s stock valued at $5,645,344,000 after acquiring an additional 1,246,876 shares during the last quarter. Van ECK Associates Corp boosted its stake in shares of Applied Materials by 16.2% during the second 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 acquiring an additional 1,073,879 shares during the last quarter. Finally, Bank of America Corp DE acquired a new stake in shares of Applied Materials during the second quarter valued at $5,252,863,000. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Insider Buying and Selling

In related news, CFO Brice Hill sold 7,500 shares of the business’s stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $479.25, for a total value of $3,594,375.00. Following the completion of the sale, the chief financial officer directly owned 128,613 shares in the company, valued at approximately $61,637,780.25. The trade was a 5.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Judy Bruner sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $465.00, for a total transaction of $465,000.00. Following the completion of the sale, the director owned 25,544 shares of the company’s stock, valued at approximately $11,877,960. The trade was a 3.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 9,225 shares of company stock valued at $4,454,181. Insiders own 0.30% of the company’s stock.

Applied Materials Trading Up 1.7%

Applied Materials stock traded up $7.08 during trading on Monday, hitting $416.37. The company’s stock had a trading volume of 2,948,983 shares, compared to its average volume of 7,866,817. The stock has a market capitalization of $330.43 billion, a price-to-earnings ratio of 35.88, a P/E/G ratio of 1.14 and a beta of 1.60. The stock’s fifty day moving average is $480.52 and its 200 day moving average is $486.23. 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.

Applied Materials (NASDAQ:AMAT) last released its earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share for the quarter, topping the consensus estimate of $3.40 by $0.10. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%. The firm had revenue of $9.12 billion for the quarter, compared to the consensus estimate of $8.99 billion. During the same period in the prior year, the business posted $2.48 earnings per share. The firm’s revenue for the quarter 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. As a group, equities research analysts predict that Applied Materials, Inc. will post 12.79 EPS for the current year.

Applied Materials Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Thursday, November 19th will be issued a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Thursday, November 19th. Applied Materials’s dividend payout ratio is presently 18.28%.

Analyst Ratings Changes

Several research analysts recently weighed in on AMAT shares. Wells Fargo & Company boosted their target price 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. Wall Street Zen raised shares of Applied Materials from a “hold” rating to a “buy” rating in a research note on Saturday, September 26th. Morgan Stanley decreased their price target on shares of Applied Materials from $642.00 to $563.00 and set an “equal weight” rating on the stock in a research note on Monday, September 28th. Evercore set a $590.00 price target on shares of Applied Materials in a report on Thursday. Finally, Susquehanna boosted their price objective on shares of Applied Materials from $575.00 to $900.00 and gave the company a “positive” rating in a research report on Tuesday, June 30th. Thirty investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $632.70.

Applied Materials Profile

Applied Materials, Inc is a technology company that supplies equipment, services and software used to manufacture semiconductors and advanced displays. Its products help customers fabricate the integrated circuits and other components used in computers, mobile devices, data centers, automobiles and a range of connected technologies.

The company’s offerings include systems for materials engineering, wafer fabrication, inspection and process control, along with equipment and services designed to improve manufacturing productivity and yield.