Expressive Wealth LLC Buys New Position in Applied Materials, Inc. $AMAT

Expressive Wealth LLC purchased a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,332 shares of the manufacturing equipment provider’s stock, valued at approximately $599,000.

Several other large investors have also recently made changes to their positions in AMAT. Capital Research Global Investors raised its stake in shares of Applied Materials by 225.4% during the third quarter. Capital Research Global Investors now owns 14,877,672 shares of the manufacturing equipment provider’s stock worth $3,046,057,000 after acquiring an additional 10,305,182 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Applied Materials by 617.2% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,129,483 shares of the manufacturing equipment provider’s stock worth $1,869,170,000 after acquiring an additional 7,856,576 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of Applied Materials by 40.1% during the third quarter. Ameriprise Financial Inc. now owns 12,520,114 shares of the manufacturing equipment provider’s stock worth $2,563,376,000 after acquiring an additional 3,583,751 shares in the last quarter. Coatue Management LLC purchased a new position in shares of Applied Materials during the third quarter worth approximately $685,684,000. Finally, Sanders Capital LLC raised its stake in shares of Applied Materials by 42.6% during the third quarter. Sanders Capital LLC now owns 10,978,990 shares of the manufacturing equipment provider’s stock worth $2,247,838,000 after acquiring an additional 3,280,730 shares in the last quarter. 80.56% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CAO Adam Sanders sold 268 shares of Applied Materials stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $434.22, for a total value of $116,370.96. Following the sale, the chief accounting officer owned 4,280 shares in the company, valued at $1,858,461.60. The trade was a 5.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.30% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

AMAT has been the topic of several research reports. TD Cowen lifted their price target on shares of Applied Materials from $450.00 to $525.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Erste Group Bank raised shares of Applied Materials from a “hold” rating to a “buy” rating in a research note on Monday, April 27th. Wolfe Research lifted their target price on shares of Applied Materials from $500.00 to $550.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. KGI Securities raised shares of Applied Materials to an “outperform” rating and set a $425.00 target price on the stock in a research note on Friday, February 13th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Applied Materials in a research note on Friday, March 27th. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $465.14.

Applied Materials Stock Performance

NASDAQ:AMAT opened at $454.89 on Wednesday. The stock has a market cap of $361.16 billion, a P/E ratio of 42.71, a price-to-earnings-growth ratio of 1.21 and a beta of 1.66. The firm’s fifty day simple moving average is $391.25 and its 200 day simple moving average is $329.61. Applied Materials, Inc. has a twelve month low of $153.47 and a twelve month high of $456.78. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, beating the consensus estimate of $2.68 by $0.18. The business had revenue of $7.91 billion for the quarter, compared to analysts’ expectations of $7.68 billion. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The firm’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. As a group, research analysts predict that Applied Materials, Inc. will post 12.02 EPS for the current year.

Applied Materials Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Thursday, May 21st will be issued a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 0.5%. This is an increase from Applied Materials’s previous quarterly dividend of $0.46. The ex-dividend date is Thursday, May 21st. Applied Materials’s dividend payout ratio (DPR) is presently 19.91%.

Applied Materials News Summary

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

• Positive Sentiment: Applied Materials reported fiscal Q2 sales of $7.91 billion and net income of $2.81 billion, topping expectations and showing continued solid execution. Applied Materials (AMAT) Is Up 11.8% After Raising Q3 Outlook And Expanding AI Packaging Alliance
• Positive Sentiment: The company lifted Q3 2026 revenue guidance to about $8.95 billion, suggesting management sees ongoing strength in semiconductor spending. Applied Materials (AMAT) Is Up 11.8% After Raising Q3 Outlook And Expanding AI Packaging Alliance
• Positive Sentiment: Applied Materials expanded its AI packaging and process innovation efforts, including new collaboration with partners such as Broadcom and SCREEN Semiconductor Solutions, which could support longer-term growth in advanced chip packaging. Applied Materials (AMAT) Is Up 11.8% After Raising Q3 Outlook And Expanding AI Packaging Alliance
• Positive Sentiment: The newly announced SCREEN partnership at the EPIC Center adds another innovation partner focused on advanced wafer cleaning, which may help improve yields and accelerate next-generation chip production. Applied Materials Partners with SCREEN To Bring Advanced Wafer Cleaning Technologies to EPIC Center
• Neutral Sentiment: An insider filing showed CAO Adam Sanders sold 268 shares, but the transaction was small relative to his remaining stake and is unlikely to materially affect the stock. Applied Materials, Inc. CAO Adam Sanders sold 268 shares
• Negative Sentiment: A broad market commentary piece warned that momentum stocks can reverse after strong runs, which may temper enthusiasm for recently extended winners like AMAT. Intel, AMD, and Other Momentum Stocks Look Unstoppable. Look Again.

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.