Applied Materials, Inc. $AMAT Shares Newly Acquired by MKP Capital Management L.L.C.

MKP Capital Management L.L.C. acquired a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 8,500 shares of the manufacturing equipment provider’s stock, valued at approximately $4,347,000. Applied Materials makes up 0.1% of MKP Capital Management L.L.C.’s investment portfolio, making the stock its 19th largest position.

Several other institutional investors have also modified their holdings of AMAT. D.B. Root & Company LLC raised its holdings in shares of Applied Materials by 26.1% during the third quarter. D.B. Root & Company LLC now owns 1,713 shares of the manufacturing equipment provider’s stock worth $876,000 after acquiring an additional 355 shares during the period. D Orazio & Associates Inc. lifted its position in Applied Materials by 3.3% in the 3rd quarter. D Orazio & Associates Inc. now owns 938 shares of the manufacturing equipment provider’s stock valued at $480,000 after acquiring an additional 30 shares in the last quarter. New York Life Investment Management LLC boosted its stake in Applied Materials by 2.7% in the 3rd quarter. New York Life Investment Management LLC now owns 134,219 shares of the manufacturing equipment provider’s stock worth $68,637,000 after purchasing an additional 3,488 shares during the period. Gen Wealth Partners Inc boosted its stake in Applied Materials by 134.5% in the 3rd quarter. Gen Wealth Partners Inc now owns 129 shares of the manufacturing equipment provider’s stock worth $66,000 after purchasing an additional 74 shares during the period. Finally, Fairscale Capital LLC boosted its stake in Applied Materials by 3.5% in the 3rd quarter. Fairscale Capital LLC now owns 983 shares of the manufacturing equipment provider’s stock worth $503,000 after purchasing an additional 33 shares during the period. Institutional investors own 80.56% of the company’s stock.

Wall Street Analysts Forecast Growth

AMAT has been the subject of a number of research reports. Argus set a $600.00 target price on Applied Materials and gave the stock a “buy” rating in a report on Tuesday, August 18th. Weiss Ratings lowered Applied Materials from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, September 9th. HSBC reduced their price objective on Applied Materials from $683.00 to $641.00 and set a “buy” rating for the company in a research report on Friday, August 14th. Needham & Company LLC decreased their price objective on Applied Materials from $740.00 to $580.00 and set a “buy” rating for the company in a report on Friday, October 16th. Finally, Seaport Research Partners reiterated a “buy” rating and set a $575.00 price objective (up from $500.00) on shares of Applied Materials in a report on Friday, August 14th. Thirty equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Applied Materials presently has an average rating of “Moderate Buy” and an average target price of $625.76.

Insider Transactions at Applied Materials

In related news, CFO Brice Hill sold 7,500 shares of Applied Materials stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $479.25, for a total value of $3,594,375.00. Following the sale, the chief financial officer owned 128,613 shares of the company’s stock, 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Adam Sanders sold 725 shares of the company’s 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 sale, the chief accounting officer owned 3,181 shares in the company, valued at $1,732,245.36. The trade was 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. Insiders sold a total of 9,225 shares of company stock worth $4,454,181 in the last three months. Insiders own 0.30% of the company’s stock.

Key Headlines Impacting Applied Materials

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

• Positive Sentiment: Expanding high-bandwidth memory (HBM) capacity could drive demand for semiconductor manufacturing and advanced-packaging equipment, creating a potential growth opportunity for Applied Materials. The Next AI Chip Shortage May Be the Machines That Make HBM
• Positive Sentiment: B. Riley lowered its price target to $475 from $700 but maintained a Buy rating, leaving substantial implied upside from the cited share price. B. Riley Cut Its Applied Materials Target to $475. It Still Sees 28% Upside
• Neutral Sentiment: Options traders are anticipating a potentially large post-earnings move, signaling heightened volatility rather than a clear directional view. Investors will be watching results and the company’s outlook. Why Options Traders Expect a Major Post-Earnings Reaction
• Negative Sentiment: A technical analysis article says AMAT is nearing a “death cross” after a steep retreat from its high, which could signal further downside if the bearish pattern forms. Applied Materials Stock: Death Cross Pattern Nears Ahead of Earnings
• Negative Sentiment: ETFs sold about $200.2 million of Applied Materials shares on Friday, adding a short-term source of selling pressure. ETFs Are Net Sellers of Applied Materials

Applied Materials Stock Performance

Shares of AMAT opened at $372.53 on Wednesday. Applied Materials, Inc. has a 12 month low of $203.40 and a 12 month high of $739.67. The firm has a fifty day simple moving average of $441.30 and a 200 day simple moving average of $445.16. The stock has a market capitalization of $295.64 billion, a price-to-earnings ratio of 32.11, a PEG ratio of 0.72 and a beta of 1.67. The company has a current ratio of 2.42, a quick ratio of 1.79 and a debt-to-equity ratio of 0.20.

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, 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 business had revenue of $9.12 billion during the quarter, compared to the consensus estimate of $8.99 billion. During the same quarter last year, the firm earned $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. Research analysts forecast that Applied Materials, Inc. will post 12.79 EPS for the current fiscal year.

Applied Materials Dividend Announcement

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 dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Thursday, November 19th. Applied Materials’s dividend payout ratio is currently 18.28%.

Applied Materials Company Profile

Applied Materials, Inc. develops and supplies equipment, software and services used to manufacture semiconductors and advanced displays. Its technologies help customers build and process materials at the microscopic scale required for chips and other electronic products. The company’s offerings include systems for depositing, removing and modifying materials, as well as inspection, measurement and process-control tools. It also provides equipment and services for advanced semiconductor packaging and supports customers with maintenance, upgrades and manufacturing software.