783 Shares in Applied Materials, Inc. $AMAT Bought by LifeWealth Investments LLC

LifeWealth Investments LLC bought a new stake in Applied Materials, Inc. (NASDAQ:AMAT) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 783 shares of the manufacturing equipment provider’s stock, valued at approximately $268,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. First Trust Advisors LP raised its holdings in shares of Applied Materials by 4.9% during the 3rd quarter. First Trust Advisors LP now owns 3,101,772 shares of the manufacturing equipment provider’s stock valued at $635,057,000 after buying an additional 145,050 shares during the period. Evolve Private Wealth LLC boosted its holdings in Applied Materials by 59.0% in the 1st quarter. Evolve Private Wealth LLC now owns 2,875 shares of the manufacturing equipment provider’s stock worth $983,000 after acquiring an additional 1,067 shares during the period. Elo Mutual Pension Insurance Co boosted its holdings in Applied Materials by 21.8% in the 3rd quarter. Elo Mutual Pension Insurance Co now owns 96,712 shares of the manufacturing equipment provider’s stock worth $19,801,000 after acquiring an additional 17,288 shares during the period. Worth Asset Management LLC acquired a new stake in Applied Materials in the fourth quarter valued at approximately $1,531,000. Finally, World Investment Advisors grew its position in Applied Materials by 4.5% in the fourth quarter. World Investment Advisors now owns 82,296 shares of the manufacturing equipment provider’s stock valued at $21,149,000 after acquiring an additional 3,508 shares in the last quarter. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Applied Materials Stock Performance

Applied Materials stock opened at $668.00 on Friday. The stock has a market cap of $530.37 billion, a P/E ratio of 62.72, a price-to-earnings-growth ratio of 1.64 and a beta of 1.67. The company has a current ratio of 2.51, a quick ratio of 1.80 and a debt-to-equity ratio of 0.22. The stock has a 50 day moving average of $468.89 and a 200-day moving average of $375.60. Applied Materials, Inc. has a 52 week low of $154.46 and a 52 week high of $669.22.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.68 by $0.18. The business had revenue of $7.91 billion during the quarter, compared to analyst estimates of $7.68 billion. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The business’s revenue was up 11.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. On average, analysts expect that Applied Materials, Inc. will post 12.1 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be given a $0.53 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.12 annualized dividend and a dividend yield of 0.3%. Applied Materials’s payout ratio is presently 19.91%.

Insiders Place Their Bets

In other news, SVP Timothy M. Deane sold 8,621 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $590.76, for a total transaction of $5,092,941.96. Following the transaction, the senior vice president owned 134,631 shares of the company’s stock, valued at approximately $79,534,609.56. This trade represents a 6.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Omkaram Nalamasu sold 24,263 shares of Applied Materials stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $593.43, for a total value of $14,398,392.09. Following the completion of the transaction, the senior vice president owned 146,916 shares of the company’s stock, valued at $87,184,361.88. This trade represents a 14.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 199,767 shares of company stock worth $114,104,709. Company insiders own 0.30% of the company’s stock.

More Applied Materials News

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

• Positive Sentiment: Applied Materials unveiled new systems for DRAM and advanced packaging, including tools for higher-yield chip stacking and wafer metrology, strengthening its position in AI chip manufacturing. Applied Materials Introduces New Systems to Accelerate DRAM and Advanced Packaging for AI Chips
• Positive Sentiment: Analyst commentary has turned more upbeat, with Wells Fargo raising its price target sharply and other coverage pointing to continued strength in semiconductor equipment demand and AI infrastructure spending. Is Applied Materials (AMAT) the Best All-Time High Stock with Legs to Rally Further?
• Positive Sentiment: Broader AI-chip optimism also helped sentiment across the sector, with Micron-led strength reinforcing the idea that memory and chip-equipment names could benefit from the next leg of AI spending. Micron Sparks Fresh AI Stock Rally
• Neutral Sentiment: Short interest data showed no meaningful bearish positioning change, so this does not appear to be a driver of the stock move. Applied Materials stock information

Analyst Ratings Changes

A number of research firms have recently commented on AMAT. Bank of America boosted their target price on shares of Applied Materials from $540.00 to $720.00 and gave the stock a “buy” rating in a research report on Tuesday. Wells Fargo & Company raised their price target on shares of Applied Materials from $520.00 to $715.00 and gave the company an “overweight” rating in a report on Monday. Truist Financial set a $575.00 price target on shares of Applied Materials in a research note on Thursday, May 28th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $525.00 price objective on shares of Applied Materials in a report on Friday, May 15th. Finally, Argus upped their price objective on shares of Applied Materials from $420.00 to $500.00 and gave the company a “buy” rating in a research report on Tuesday, May 19th. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $509.65.

Applied Materials 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.