7,500 Shares in Applied Materials, Inc. $AMAT Acquired by Artemis Wealth Advisors LLC

Artemis Wealth Advisors LLC acquired a new position in Applied Materials, Inc. (NASDAQ:AMAT) in the fourth quarter, Holdings Channel reports. The fund acquired 7,500 shares of the manufacturing equipment provider’s stock, valued at approximately $1,927,000. Applied Materials makes up approximately 0.3% of Artemis Wealth Advisors LLC’s investment portfolio, making the stock its 19th biggest position.

A number of other large investors also recently bought and sold shares of AMAT. Redmont Wealth Advisors LLC bought a new position in Applied Materials in the third quarter worth approximately $26,000. Wilkerson Advisory Group LLC bought a new position in Applied Materials in the fourth quarter worth approximately $26,000. Highline Wealth Partners LLC raised 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 worth $30,000 after buying an additional 38 shares in the last quarter. Joseph Group Capital Management bought a new position in Applied Materials in the fourth quarter worth approximately $31,000. Finally, Dogwood Wealth Management LLC raised its stake in Applied Materials by 52.4% in the fourth quarter. Dogwood Wealth Management LLC now owns 128 shares of the manufacturing equipment provider’s stock worth $33,000 after buying an additional 44 shares in the last quarter. Institutional investors own 80.56% of the company’s stock.

Trending Headlines about Applied Materials

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

• Positive Sentiment: Barclays reiterated an Overweight rating on Applied Materials, saying investment in new chip supply remains strong and supporting the stock’s bullish momentum. Applied Materials and KLA Are Surging. Why You Should Buy the Stocks, Says This Analyst.
• Positive Sentiment: Erste Group Bank raised its earnings estimates for Applied Materials, lifting FY2026 EPS forecast to $12.20 and FY2027 to $16.29, while keeping a Buy rating. Applied Materials estimate revision
• Positive Sentiment: Several recent articles highlighted Applied Materials as a top momentum and AI-beneficiary stock, with commentary pointing to strong May performance, heavy hedge fund ownership, and broad analyst support. Is Applied Materials (AMAT) A Good Stock to Buy Now?
• Positive Sentiment: Investor attention is also being fueled by a recent 52-week-high move and reports of continued rotation into chip equipment stocks, reinforcing the view that AMAT remains a favored AI infrastructure name. Why Did AMAT, AMPG, OSCR Stocks Surge To 52-Week Highs Today?
• Neutral Sentiment: Other coverage today was largely repeated “great momentum stock” and “attracting investor attention” pieces, reflecting strong market interest rather than a new company-specific catalyst. Applied Materials (AMAT) is a Great Momentum Stock: Should You Buy?

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Wolfe Research boosted their price objective 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. Bank of America boosted their price objective on shares of Applied Materials from $465.00 to $540.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Weiss Ratings reissued a “buy (b-)” rating on shares of Applied Materials in a research note on Friday, March 27th. HSBC assumed coverage on shares of Applied Materials in a research note on Friday, May 8th. They issued a “buy” rating and a $517.00 target price for the company. Finally, Stifel Nicolaus set a $530.00 target price on shares of Applied Materials in a research note on Friday, May 15th. Twenty-seven equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Applied Materials has a consensus rating of “Moderate Buy” and an average target price of $483.03.

Insider Activity at Applied Materials

In other Applied Materials news, Director Judy Bruner sold 1,128 shares of the firm’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $450.00, for a total value of $507,600.00. Following the completion of the transaction, the director owned 26,544 shares of the company’s stock, valued at approximately $11,944,800. This trade represents a 4.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Prabu G. Raja sold 50,000 shares of the firm’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $505.28, for a total transaction of $25,264,000.00. Following the completion of the transaction, the insider directly owned 356,642 shares of the company’s stock, valued at approximately $180,204,069.76. This represents a 12.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 53,896 shares of company stock worth $27,135,121. Corporate insiders own 0.30% of the company’s stock.

Applied Materials Price Performance

Shares of AMAT opened at $567.25 on Friday. The company has a market cap of $450.37 billion, a price-to-earnings ratio of 53.26, a price-to-earnings-growth ratio of 1.58 and a beta of 1.67. Applied Materials, Inc. has a twelve month low of $154.46 and a twelve month high of $569.95. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22. The company has a 50 day moving average of $427.22 and a two-hundred day moving average of $352.62.

Applied Materials (NASDAQ:AMAT) last announced its 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 company had revenue of $7.91 billion during the quarter, compared to the consensus estimate of $7.68 billion. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. Applied Materials’s revenue was up 11.4% compared to the same quarter last year. During the same period last year, the firm earned $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. As a group, analysts predict that Applied Materials, Inc. will post 12.1 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be issued a $0.53 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.4%. Applied Materials’s dividend payout ratio (DPR) is currently 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.