Applied Materials, Inc. $AMAT Shares Acquired by Envestnet Asset Management Inc.

Posted by Lauren Steadman on Sep 24th, 2026

Envestnet Asset Management Inc. increased its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 7.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,068,335 shares of the manufacturing equipment provider’s stock after buying an additional 70,642 shares during the quarter. Envestnet Asset Management Inc. owned about 0.13% of Applied Materials worth $715,458,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AMAT. BlackRock Inc. lifted its position in Applied Materials by 1.6% during the 2nd quarter. BlackRock Inc. now owns 80,212,518 shares of the manufacturing equipment provider’s stock worth $57,993,650,000 after acquiring an additional 1,237,685 shares during the period. State Street Corp increased its holdings in shares of Applied Materials by 85.4% in the second quarter. State Street Corp now owns 69,525,842 shares of the manufacturing equipment provider’s stock valued at $50,267,184,000 after purchasing an additional 32,018,892 shares during the period. Capital Research Global Investors raised its stake in shares of Applied Materials by 119.8% during the fourth quarter. Capital Research Global Investors now owns 32,707,049 shares of the manufacturing equipment provider’s stock worth $8,405,458,000 after purchasing an additional 17,829,377 shares during the last quarter. Amundi raised its stake in shares of Applied Materials by 19.0% during the second quarter. Amundi now owns 7,808,207 shares of the manufacturing equipment provider’s stock worth $5,645,344,000 after purchasing an additional 1,246,876 shares during the last quarter. Finally, Van ECK Associates Corp lifted its holdings in shares of Applied Materials by 16.2% during the second quarter. Van ECK Associates Corp now owns 7,713,599 shares of the manufacturing equipment provider’s stock worth $5,576,932,000 after purchasing an additional 1,073,879 shares during the period. 80.56% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Applied Materials

In related news, CFO Brice Hill sold 7,500 shares of Applied Materials stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $479.25, for a total transaction of $3,594,375.00. Following the completion of the transaction, the chief financial officer directly owned 128,613 shares of the company’s stock, valued at approximately $61,637,780.25. The trade was a 5.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Gary Dickerson sold 20,000 shares of the business’s stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $735.22, for a total value of $14,704,400.00. Following the sale, the chief executive officer owned 1,599,843 shares in the company, valued at approximately $1,176,236,570.46. The trade was a 1.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 86,821 shares of company stock valued at $59,609,471 in the last quarter. 0.30% of the stock is currently owned by corporate insiders.

Applied Materials Price Performance

Applied Materials stock traded up $1.92 during midday trading on Wednesday, reaching $474.38. The company’s stock had a trading volume of 4,583,769 shares, compared to its average volume of 8,032,118. Applied Materials, Inc. has a fifty-two week low of $196.20 and a fifty-two week high of $739.67. 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 stock’s 50 day simple moving average is $493.48 and its 200 day simple moving average is $467.79. The firm has a market capitalization of $376.47 billion, a PE ratio of 40.89, a P/E/G ratio of 1.29 and a beta of 1.60.

Applied Materials (NASDAQ:AMAT – Get Free Report) last posted its quarterly earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share for the quarter, topping analysts’ consensus estimates of $3.40 by $0.10. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The business had revenue of $9.12 billion for the quarter, compared to analysts’ expectations of $8.99 billion. During the same period in the prior year, the company posted $2.48 EPS. The business’s revenue for the quarter 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 research analysts forecast that Applied Materials, Inc. will post 12.78 earnings per share for the current year.

Applied Materials Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Thursday, November 19th will be given a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Thursday, November 19th. Applied Materials’s dividend payout ratio (DPR) is presently 18.28%.

Applied Materials News Summary

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

Positive Sentiment: Bank of America reportedly raised its semiconductor-equipment spending outlook as demand accelerates for AI chips, memory and advanced packaging. Applied Materials is positioned to benefit from increased spending by chip manufacturers. 3 Top Chip Equipment Stocks to Buy as AI Demand Fuels BofA Optimism
Positive Sentiment: Analyst commentary remains constructive, including a reported rating upgrade and optimism from Wall Street analysts. This may reinforce the view that AMAT’s recent weakness offers a buying opportunity. Applied Materials: Opportunity Is Brewing Again (Rating Upgrade) Wall Street Bulls Look Optimistic About Applied Materials
Positive Sentiment: Applied Materials and Lam Research are highlighted as “picks-and-shovels” beneficiaries of AI because their equipment is required to manufacture advanced chips. A new ETF focused on AI-chipmaking machinery could also increase visibility and investor interest in the group. Nvidia and AMD Get the Headlines. The Real AI Winners Might Be Applied Materials and Lam Research New ETF Bets on the Machinery Behind AI Chipmaking
Positive Sentiment: The company’s planned $5 billion, decade-long investment in India expands its research, supply-chain and workforce presence in a market seeking to build a domestic semiconductor industry. The move could create longer-term growth opportunities. Applied Materials Commits $5 Billion to India as Chip Manufacturing Expands
Neutral Sentiment: Options pricing implies a wide potential trading range for AMAT over the next year, reflecting substantial uncertainty but not signaling a particular direction. How Far Can Applied Materials Stock Move On You In A Year?
Negative Sentiment: Despite strong momentum and AI exposure, some commentary warns that the semiconductor-equipment cycle could turn lower. AMAT’s premium valuation makes the stock vulnerable if factory spending or growth expectations weaken. Its services business, including Applied Global Services, provides some diversification and recently grew strongly. Applied Materials: Momentum Says Up; The Cycle Says Down What Are AMAT Stock Bears Missing?

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on AMAT shares. Needham & Company LLC reiterated a “buy” rating and issued a $740.00 price objective on shares of Applied Materials in a research report on Friday, August 14th. Zacks Research upgraded shares of Applied Materials from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 1st. HSBC reaffirmed a “buy” rating and issued a $683.00 target price on shares of Applied Materials in a report on Monday, July 27th. Argus set a $600.00 price target on shares of Applied Materials in a report on Tuesday, August 18th. Finally, Seaport Research Partners restated a “buy” rating and issued a $575.00 price objective on shares of Applied Materials in a research report on Friday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, Applied Materials currently has a consensus rating of “Moderate Buy” and an average price target of $658.45.

View Our Latest Research Report on Applied Materials

Applied Materials Company Profile

(Free Report)

Applied Materials, Inc is a global provider of materials engineering solutions used to manufacture semiconductors, displays and other advanced electronic products. The company develops and supplies equipment, services and software that help customers build and improve the performance of chips and display panels.

Its semiconductor products support processes including deposition, etch, patterning, inspection, metrology and materials modification. Applied Materials also provides equipment and services for display manufacturing, including technologies used in producing liquid-crystal and organic light-emitting diode displays, as well as solutions for adjacent markets such as solar and other specialty applications.

Founded in 1967 and headquartered in Santa Clara, California, Applied Materials serves semiconductor and display manufacturers worldwide through operations, customer-support centers and research and development activities across major technology-producing regions.