Applied Materials, Inc. $AMAT Stock Purchased by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. raised its position in Applied Materials, Inc. (NASDAQ:AMAT) by 10.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,442 shares of the manufacturing equipment provider’s stock after purchasing an additional 4,816 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Applied Materials were worth $25,284,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of AMAT. JFS Wealth Advisors LLC raised its stake in shares of Applied Materials by 4.3% during the 2nd quarter. JFS Wealth Advisors LLC now owns 409 shares of the manufacturing equipment provider’s stock worth $296,000 after purchasing an additional 17 shares in the last quarter. Innovative Asset Advisors Group LLC lifted its holdings in shares of Applied Materials by 2.1% during the 2nd quarter. Innovative Asset Advisors Group LLC now owns 961 shares of the manufacturing equipment provider’s stock valued at $695,000 after buying an additional 20 shares during the last quarter. Stonebridge Financial Group LLC grew its stake in shares of Applied Materials by 2.1% in the 2nd quarter. Stonebridge Financial Group LLC now owns 1,003 shares of the manufacturing equipment provider’s stock valued at $725,000 after buying an additional 21 shares in the last quarter. N.E.W. Advisory Services LLC grew its stake in shares of Applied Materials by 5.9% in the 2nd quarter. N.E.W. Advisory Services LLC now owns 377 shares of the manufacturing equipment provider’s stock valued at $273,000 after buying an additional 21 shares in the last quarter. Finally, IMG Wealth Management Inc. grew its stake in shares of Applied Materials by 13.0% in the 2nd quarter. IMG Wealth Management Inc. now owns 183 shares of the manufacturing equipment provider’s stock valued at $132,000 after buying an additional 21 shares in the last quarter. 80.56% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Applied Materials

In other news, Director Judy Bruner sold 1,000 shares of Applied Materials stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $465.00, for a total value of $465,000.00. Following the transaction, the director directly owned 25,544 shares in the company, valued at approximately $11,877,960. The trade was a 3.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Adam Sanders sold 725 shares of the firm’s stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $544.56, for a total value of $394,806.00. Following the completion of the sale, the chief accounting officer directly owned 3,181 shares in the company, valued at $1,732,245.36. This trade represents a 18.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 9,225 shares of company stock worth $4,454,181. Company insiders own 0.30% of the company’s stock.

Applied Materials Stock Performance

NASDAQ:AMAT opened at $408.94 on Thursday. The firm has a market capitalization of $324.53 billion, a PE ratio of 35.25, a PEG ratio of 1.13 and a beta of 1.60. Applied Materials, Inc. has a 1 year low of $203.40 and a 1 year high of $739.67. The company has a current ratio of 2.42, a quick ratio of 1.79 and a debt-to-equity ratio of 0.20. The firm’s fifty day simple moving average is $473.15 and its 200 day simple moving average is $487.51.

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 analysts’ consensus estimates of $3.40 by $0.10. The firm had revenue of $9.12 billion during the quarter, compared to analyst estimates of $8.99 billion. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The business’s revenue was up 24.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.48 EPS. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. On average, sell-side analysts anticipate that Applied Materials, Inc. will post 12.79 EPS for the current year.

Applied Materials Announces Dividend

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

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on AMAT shares. Morgan Stanley dropped their price objective on Applied Materials from $642.00 to $563.00 and set an “equal weight” rating on the stock in a report on Monday, September 28th. Cantor Fitzgerald reiterated an “overweight” rating on shares of Applied Materials in a research note on Tuesday. Mizuho decreased their target price on shares of Applied Materials from $650.00 to $590.00 and set an “outperform” rating for the company in a research report on Tuesday, August 25th. Erste Group Bank downgraded shares of Applied Materials from a “buy” rating to a “hold” rating in a research report on Wednesday, August 5th. Finally, Susquehanna increased their price target on shares of Applied Materials from $575.00 to $900.00 and gave the stock a “positive” rating in a research note on Tuesday, June 30th. Thirty analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, Applied Materials presently has a consensus rating of “Moderate Buy” and a consensus price target of $632.70.

About Applied Materials

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.