Phoenix Financial Ltd. Has $47.26 Million Position in Applied Materials, Inc. $AMAT

Phoenix Financial Ltd. boosted its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 201.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 183,873 shares of the manufacturing equipment provider’s stock after acquiring an additional 122,869 shares during the period. Phoenix Financial Ltd.’s holdings in Applied Materials were worth $47,255,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Godsey & Gibb Inc. grew its holdings in shares of Applied Materials by 2.6% during the 4th quarter. Godsey & Gibb Inc. now owns 1,298 shares of the manufacturing equipment provider’s stock valued at $334,000 after acquiring an additional 33 shares in the last quarter. Family Capital Management Inc. raised its holdings in shares of Applied Materials by 0.8% during the fourth quarter. Family Capital Management Inc. now owns 4,227 shares of the manufacturing equipment provider’s stock worth $1,086,000 after acquiring an additional 33 shares in the last quarter. Denali Advisors LLC raised its holdings in shares of Applied Materials by 0.7% during the fourth quarter. Denali Advisors LLC now owns 4,582 shares of the manufacturing equipment provider’s stock worth $1,178,000 after acquiring an additional 34 shares in the last quarter. Traveka Wealth LLC boosted its position in Applied Materials by 2.6% during the fourth quarter. Traveka Wealth LLC now owns 1,404 shares of the manufacturing equipment provider’s stock valued at $361,000 after purchasing an additional 36 shares during the last quarter. Finally, Highline Wealth Partners LLC grew its stake in Applied Materials by 48.7% in the fourth quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock valued at $30,000 after purchasing an additional 38 shares in the last quarter. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Insider Buying and Selling at Applied Materials

In other news, Director Judy Bruner sold 2,500 shares of Applied Materials stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $391.71, for a total value of $979,275.00. Following the transaction, the director directly owned 26,089 shares in the company, valued at approximately $10,219,322.19. The trade was a 8.74% 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 534 shares of the business’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $379.16, for a total value of $202,471.44. Following the transaction, the chief accounting officer directly owned 4,625 shares of the company’s stock, valued at $1,753,615. This represents a 10.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 12,003 shares of company stock worth $4,484,189 over the last ninety days. Company insiders own 0.30% of the company’s stock.

Applied Materials Stock Up 0.9%

AMAT opened at $440.56 on Friday. The firm has a market cap of $349.63 billion, a P/E ratio of 45.09, a price-to-earnings-growth ratio of 1.94 and a beta of 1.66. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.94 and a current ratio of 2.71. The business has a 50 day moving average price of $377.52 and a 200 day moving average price of $318.62. Applied Materials, Inc. has a twelve month low of $153.47 and a twelve month high of $448.45.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, beating the consensus estimate of $2.68 by $0.18. Applied Materials had a return on equity of 37.52% and a net margin of 27.78%.The company had revenue of $7.91 billion for the quarter, compared to the consensus estimate of $7.68 billion. During the same quarter last year, the company posted $2.39 earnings per share. The company’s revenue for the quarter was up 11.4% compared to the same quarter last year. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Research analysts forecast that Applied Materials, Inc. will post 11.16 EPS for the current year.

Applied Materials Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Thursday, May 21st will be given a dividend of $0.53 per share. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $2.12 dividend on an annualized basis and a yield of 0.5%. This is a positive change from Applied Materials’s previous quarterly dividend of $0.46. Applied Materials’s dividend payout ratio (DPR) is presently 18.83%.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $450.00 target price on shares of Applied Materials in a research report on Friday, February 13th. UBS Group boosted their price target on Applied Materials from $430.00 to $480.00 and gave the company a “buy” rating in a research note on Monday, May 4th. B. Riley Financial increased their price objective on Applied Materials from $450.00 to $485.00 and gave the stock a “buy” rating in a report on Monday, April 13th. Cantor Fitzgerald raised their price objective on shares of Applied Materials from $500.00 to $550.00 and gave the company an “overweight” rating in a research report on Monday. Finally, Barclays reissued an “overweight” rating on shares of Applied Materials in a research report on Friday. Twenty-eight research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, Applied Materials currently has an average rating of “Moderate Buy” and a consensus target price of $389.69.

Key Headlines Impacting Applied Materials

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

• Positive Sentiment: Applied Materials reported better-than-expected Q2 results, with EPS and revenue both topping analyst forecasts, signaling healthy demand for its chip-making tools. Applied Materials (AMAT) Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: The company issued third-quarter guidance above expectations for both EPS and revenue, reinforcing confidence that AI-related spending will keep driving growth. Applied Materials sees upbeat quarterly revenue on sustained AI spending
• Positive Sentiment: Management highlighted record quarterly performance and ongoing strength in AI computing infrastructure buildout, which supports the bullish stock reaction. Applied Materials delivers record quarter and stronger-than-expected outlook
• Positive Sentiment: Recent analyst price-target increases and multiple Buy/Overweight ratings added to momentum ahead of and after earnings. Citi massively revamps Applied Materials stock price target
• Neutral Sentiment: Investors were already expecting a big move into earnings, with options markets pricing in elevated volatility around the report. Applied Materials Last-Minute Q2 Earnings Alert
• Neutral Sentiment: Analysts and media continued to frame AMAT as a key AI infrastructure beneficiary, keeping sentiment constructive without adding new company-specific news. How Applied Materials (AMAT) Is Deepening Its Role in AI Chip Manufacturing
• Negative Sentiment: Some investors remain cautious because growth in China has been slowing and export restrictions could continue to pressure demand in certain segments. Applied Materials’ Coming AI Boom Comes Under the Microscope as It Reports Earnings

Applied Materials Company Profile

Applied Materials, Inc is a U.S.-based supplier of equipment, services and software used to manufacture semiconductor chips, flat panel displays and other advanced materials. Headquartered in Santa Clara, California, the company designs and sells capital equipment and related technologies that enable production of integrated circuits, display panels and materials used across the electronics supply chain.

Applied Materials’ offerings include process equipment and factory software that support critical steps in device fabrication, such as deposition, etch, implantation, inspection and metrology, as well as systems for packaging and advanced heterogeneous integration.