Flputnam Investment Management Co. Sells 1,315 Shares of Applied Materials, Inc. $AMAT

Flputnam Investment Management Co. lessened its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 2.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 60,960 shares of the manufacturing equipment provider’s stock after selling 1,315 shares during the period. Flputnam Investment Management Co.’s holdings in Applied Materials were worth $15,666,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Redmont Wealth Advisors LLC bought a new position in Applied Materials in the 3rd quarter valued at approximately $26,000. Highline Wealth Partners LLC lifted its stake in Applied Materials by 48.7% in the 4th 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 during the last quarter. Joseph Group Capital Management bought a new position in Applied Materials in the 4th quarter valued at approximately $31,000. Dogwood Wealth Management LLC lifted its stake in Applied Materials by 52.4% in the 4th quarter. Dogwood Wealth Management LLC now owns 128 shares of the manufacturing equipment provider’s stock valued at $33,000 after purchasing an additional 44 shares during the last quarter. Finally, IMG Wealth Management Inc. lifted its stake in Applied Materials by 147.2% in the 4th quarter. IMG Wealth Management Inc. now owns 131 shares of the manufacturing equipment provider’s stock valued at $34,000 after purchasing an additional 78 shares during the last quarter. Institutional investors own 80.56% of the company’s stock.

Insider Buying and Selling at Applied Materials

In other Applied Materials news, CAO Adam Sanders sold 268 shares of the firm’s 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 transaction, the chief accounting officer directly owned 4,280 shares of the company’s stock, valued at approximately $1,858,461.60. This trade represents a 5.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.30% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on AMAT. Erste Group Bank raised shares of Applied Materials from a “hold” rating to a “buy” rating in a research note on Monday, April 27th. KGI Securities raised shares of Applied Materials to an “outperform” rating and set a $425.00 price objective for the company in a research note on Friday, February 13th. TD Cowen upped their price target on shares of Applied Materials from $450.00 to $525.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Royal Bank Of Canada upped their price target on shares of Applied Materials from $500.00 to $520.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. Finally, Needham & Company LLC upped their price target on shares of Applied Materials from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Twenty-seven research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Applied Materials presently has an average rating of “Moderate Buy” and a consensus target price of $465.14.

Trending Headlines about Applied Materials

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 Stock Up 5.3%

Shares of NASDAQ AMAT opened at $454.89 on Wednesday. The firm has a market cap of $361.16 billion, a PE ratio of 42.71, a P/E/G ratio of 1.21 and a beta of 1.66. Applied Materials, Inc. has a 12-month low of $153.47 and a 12-month high of $456.78. The company’s fifty day simple moving average is $391.25 and its 200 day simple moving average is $329.61. 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 issued its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.68 by $0.18. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The business had revenue of $7.91 billion for the quarter, compared to analyst estimates of $7.68 billion. During the same period in the prior year, the firm earned $2.39 earnings per share. Applied Materials’s revenue was up 11.4% on a year-over-year basis. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. As a group, sell-side analysts forecast that Applied Materials, Inc. will post 12.02 earnings per share for the current fiscal year.

Applied Materials Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Thursday, May 21st will be paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.5%. This is a positive change from Applied Materials’s previous quarterly dividend of $0.46. The ex-dividend date of this dividend is Thursday, May 21st. Applied Materials’s payout ratio is 19.91%.

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.