3,016 Shares in Applied Materials, Inc. $AMAT Bought by NBT Bank N.A.

NBT Bank N.A. acquired a new position in Applied Materials, Inc. (NASDAQ:AMAT) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 3,016 shares of the manufacturing equipment provider’s stock, valued at approximately $1,542,000.

Several other large investors have also recently bought and sold shares of the company. State Street Corp lifted its position in 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 valued at $50,267,184,000 after purchasing an additional 32,018,892 shares during the period. Bank of America Corp DE bought a new position in shares of Applied Materials in the 2nd quarter valued at about $5,252,863,000. Jupiter Topco LLC acquired a new stake in shares of Applied Materials during the 2nd quarter worth approximately $1,512,287,000. Amundi grew its position in shares of Applied Materials by 19.0% during the 2nd quarter. Amundi now owns 7,808,207 shares of the manufacturing equipment provider’s stock worth $5,645,344,000 after buying an additional 1,246,876 shares during the period. Finally, BlackRock Inc. grew its position in shares of Applied Materials by 1.6% during the 2nd quarter. BlackRock Inc. now owns 80,212,518 shares of the manufacturing equipment provider’s stock worth $57,993,650,000 after buying an additional 1,237,685 shares during the period. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Stock Performance

Shares of AMAT stock opened at $377.24 on Friday. 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 $299.38 billion, a P/E ratio of 32.52, a price-to-earnings-growth ratio of 1.04 and a beta of 1.60. The company’s 50 day moving average price is $467.37 and its two-hundred day moving average price is $486.93. 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 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 company’s revenue for the quarter was up 24.8% compared to the same quarter last year. During the same period in the prior year, the business earned $2.48 EPS. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. On average, analysts expect that Applied Materials, Inc. will post 12.79 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Thursday, November 19th will be given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, November 19th. Applied Materials’s dividend payout ratio is currently 18.28%.

Insider Transactions at Applied Materials

In related news, Director Judy Bruner sold 1,000 shares of the stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $465.00, for a total transaction of $465,000.00. Following the completion of the transaction, the director directly owned 25,544 shares in the company, valued at approximately $11,877,960. This trade represents a 3.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Adam Sanders sold 725 shares of the stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $544.56, for a total value of $394,806.00. Following the transaction, 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 ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 9,225 shares of company stock valued at $4,454,181 over the last three months. Company insiders own 0.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on AMAT. Erste Group Bank lowered shares of Applied Materials from a “buy” rating to a “hold” rating in a report on Wednesday, August 5th. Weiss Ratings cut shares of Applied Materials from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, September 9th. HSBC lowered their target price on shares of Applied Materials from $683.00 to $641.00 and set a “buy” rating for the company in a report on Friday, August 14th. Needham & Company LLC dropped their target price on shares of Applied Materials from $740.00 to $580.00 and set a “buy” rating for the company in a research report on Friday, October 16th. Finally, Wall Street Zen raised Applied Materials from a “hold” rating to a “buy” rating in a research note on Saturday, September 26th. Thirty research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, Applied Materials currently has a consensus rating of “Moderate Buy” and an average target price of $632.70.

Applied Materials News Summary

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

• Positive Sentiment: Strategic investment expands AI and materials exposure. Applied Ventures, Applied Materials’ venture-capital arm, invested in Albert Invent, an AI platform for chemical and materials research. The deal could strengthen Applied’s exposure to software-enabled materials discovery and support longer-term innovation. Albert Invent Welcomes Applied Ventures as Investor
• Positive Sentiment: Analyst estimate revision was modestly favorable. Erste Group raised its FY2027 EPS forecast to $18.67 from $18.59, although it maintained a “Hold” rating. The increase suggests some confidence in Applied Materials’ longer-term earnings outlook. Erste Group estimate update
• Positive Sentiment: AI-related semiconductor investment remains a growth catalyst. Advanced logic, DRAM and advanced-packaging spending is supporting the company’s Semiconductor Systems business, with potential benefits to revenue growth and margins. Can Semiconductor Systems Drive AMAT’s Next Growth Phase?
• Neutral Sentiment: ETF demand provided a technical-support signal. Reports indicated approximately $102.1 million of net ETF buying in Applied Materials, suggesting continued institutional interest, though ETF flows do not necessarily change the company’s fundamentals. Applied Materials Sees $102.1 Million in Net ETF Buying
• Neutral Sentiment: Fiscal 2026 results are scheduled for November 12. The upcoming earnings report will be an important catalyst for assessing demand, margins and management’s outlook. Applied Materials to Report Fourth-Quarter Results
• Negative Sentiment: Lam Research’s outlook pressured the entire equipment group. Lam’s comments that its outlook would be only “a bit higher,” alongside supply constraints, triggered concerns that growth may not accelerate as quickly as expected. Applied Materials and other chip-equipment stocks declined in sympathy. Applied Materials Sinks on Lam’s Outlook
• Negative Sentiment: Relative analysis favors Lam Research. Analysts cited stronger memory growth and customer-support momentum at Lam, giving it an edge over Applied Materials in the wafer-fabrication-equipment market and potentially limiting AMAT’s near-term appeal. AMAT vs. LRCX: Which Stock Has an Edge?

Applied Materials Company 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.