Applied Materials, Inc. $AMAT Position Raised by Corient Private Wealth LP

Corient Private Wealth LP grew its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 1.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 326,678 shares of the manufacturing equipment provider’s stock after acquiring an additional 6,010 shares during the quarter. Corient Private Wealth LP’s holdings in Applied Materials were worth $236,122,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Cornerstone Financial Management LLC bought a new stake in Applied Materials in the 4th quarter valued at about $25,000. Wilkerson Advisory Group LLC acquired a new stake in shares of Applied Materials in the fourth quarter valued at approximately $26,000. Harborfront Financial Group LLC acquired a new stake in shares of Applied Materials in the second quarter valued at approximately $27,000. Financial Freedom LLC acquired a new position in shares of Applied Materials during the first quarter worth approximately $28,000. Finally, Joseph Group Capital Management acquired a new position in shares of Applied Materials during the fourth quarter worth approximately $31,000. Institutional investors own 80.56% of the company’s stock.

Key Stories Impacting Applied Materials

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

• Positive Sentiment: Qualcomm executive joins the board: Applied Materials appointed Qualcomm CFO and COO Akash Palkhiwala as a director and Audit Committee member. His semiconductor-industry, finance and operating experience could strengthen the board as AMAT targets growth in advanced logic, memory and AI infrastructure. Applied Materials Appoints Akash Palkhiwala to Board of Directors
• Positive Sentiment: AI buildout supports earnings momentum: Recent coverage highlights AMAT’s record quarter-over-quarter revenue increase, with quarterly revenue of $9.12 billion, up 25% year over year, and non-GAAP earnings per share of $3.50, up 41%. Demand is being driven by advanced DRAM, high-bandwidth memory, leading-edge logic and advanced packaging. The AI Buildout Is Turning Applied Materials Into A Profit Machine
• Positive Sentiment: Services business remains healthy: AMAT’s Applied Global Services segment reported record revenue and expanding margins, supported by subscription services, parts demand and increased semiconductor-fab utilization. This recurring revenue stream may help cushion equipment-cycle volatility. AMAT’s AGS Business Gains Momentum
• Neutral Sentiment: Analyst upside remains substantial: The average Wall Street price target implies roughly 35% potential upside, although targets are estimates and AMAT’s elevated valuation makes further gains dependent on continued earnings growth. Does Applied Materials Have the Potential to Rally?
• Negative Sentiment: China exposure is a key overhang: New Chinese immersion DUV lithography capabilities and tighter export controls raise concerns about domestic competition and reduced access to China, a significant AMAT market. Applied Materials’ China Problem Is Getting Worse
• Negative Sentiment: CFO stock sale adds a minor sentiment concern: CFO Brice Hill sold 7,500 shares worth approximately $3.6 million, reducing his holdings by 5.51%. The transaction does not change AMAT’s fundamentals but may weigh modestly on investor sentiment. SEC Insider Transaction Filing

Wall Street Analyst Weigh In

Several research firms recently commented on AMAT. TD Cowen restated a “buy” rating and issued a $700.00 target price on shares of Applied Materials in a research report on Friday, August 14th. Seaport Research Partners reissued a “buy” rating and issued a $575.00 price target on shares of Applied Materials in a research note on Friday, August 14th. HSBC reissued a “buy” rating and set a $683.00 price target on shares of Applied Materials in a report on Monday, July 27th. Royal Bank Of Canada lifted their price objective on shares of Applied Materials from $520.00 to $600.00 and gave the company an “outperform” rating in a research note on Friday, August 14th. Finally, Raymond James Financial set a $650.00 price target on shares of Applied Materials in a research report on Wednesday, June 10th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, Applied Materials currently has an average rating of “Moderate Buy” and a consensus price target of $657.76.

Applied Materials Stock Up 0.5%

AMAT opened at $482.36 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.79 and a current ratio of 2.42. The company has a market capitalization of $382.80 billion, a PE ratio of 41.58, a P/E/G ratio of 1.03 and a beta of 1.61. The stock’s fifty day moving average is $553.91 and its 200-day moving average is $456.73. Applied Materials, Inc. has a one year low of $154.46 and a one year high of $739.67.

Applied Materials (NASDAQ:AMAT) last announced its earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share for the quarter, beating the consensus estimate of $3.40 by $0.10. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%.The business had revenue of $9.12 billion during the quarter, compared to analysts’ expectations of $8.99 billion. During the same quarter last year, the business posted $2.48 earnings per share. The company’s quarterly revenue was up 24.8% on a year-over-year basis. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. On average, equities analysts predict that Applied Materials, Inc. will post 12.73 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be paid 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 0.4%. Applied Materials’s payout ratio is currently 18.28%.

Insiders Place Their Bets

In related news, Director Thomas J. Iannotti sold 9,250 shares of the stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $599.77, for a total transaction of $5,547,872.50. Following the completion of the sale, the director directly owned 40,559 shares of the company’s stock, valued at $24,326,071.43. This represents a 18.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Gary E. Dickerson sold 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $735.22, for a total transaction of $14,704,400.00. Following the sale, the chief executive officer owned 1,599,843 shares of the company’s stock, valued at $1,176,236,570.46. The trade was a 1.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 284,192 shares of company stock worth $172,625,209. Company insiders own 0.30% of the company’s stock.

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.