Representative Josh Gottheimer (Democratic-New Jersey) recently bought shares of Applied Materials, Inc. (NASDAQ:AMAT). In a filing disclosed on November 5th, the Representative disclosed that they had bought between $1,001 and $15,000 in Applied Materials stock on October 26th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.
Representative Josh Gottheimer also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of PT Telekomunikasi Indonesia, Tbk (NYSE:TLK) on 10/15/2026.
- Purchased $1,001 – $15,000 in shares of Benchmark Electronics (NYSE:BHE) on 10/12/2026.
- Sold $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 9/25/2026.
- Sold $1,001 – $15,000 in shares of Applied Materials (NASDAQ:AMAT) on 9/15/2026.
Applied Materials Trading Up 4.2%
Applied Materials stock opened at $332.71 on Friday. The business’s fifty day simple moving average is $444.84 and its two-hundred day simple moving average is $444.66. Applied Materials, Inc. has a 12 month low of $203.40 and a 12 month high of $739.67. The company has a current ratio of 2.42, a quick ratio of 1.79 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $264.04 billion, a price-to-earnings ratio of 28.68, a price-to-earnings-growth ratio of 0.73 and a beta of 1.67.
Applied Materials (NASDAQ:AMAT – Get Free Report) last issued its quarterly earnings data on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share for the quarter, beating analysts’ consensus estimates of $3.40 by $0.10. The company had revenue of $9.12 billion for the quarter, compared to the consensus estimate of $8.99 billion. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%. The firm’s revenue for the quarter was up 24.8% compared to the same quarter last year. During the same quarter last year, the company earned $2.48 earnings per share. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. As a group, equities analysts predict that Applied Materials, Inc. will post 12.79 earnings per share for the current fiscal year.
Applied Materials Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Thursday, November 19th will be given a dividend of $0.53 per share. The ex-dividend date of this dividend is Thursday, November 19th. This represents a $2.12 annualized dividend and a yield of 0.6%. Applied Materials’s dividend payout ratio is presently 18.28%.
Institutional Investors Weigh In On Applied Materials
Several large investors have recently bought and sold shares of the company. Wellington Grp LLC increased its stake in Applied Materials by 424.1% in the 3rd quarter. Wellington Grp LLC now owns 8,260 shares of the manufacturing equipment provider’s stock valued at $4,224,000 after purchasing an additional 6,684 shares in the last quarter. Bernicke Wealth Management Ltd. purchased a new stake in shares of Applied Materials during the 3rd quarter worth approximately $830,000. Vista Capital Partners Inc. bought a new stake in Applied Materials in the third quarter valued at approximately $213,000. Financial Freedom LLC purchased a new stake in Applied Materials in the 3rd quarter worth $43,000. Finally, EagleClaw Capital Managment LLC acquired a new stake in Applied Materials in the third quarter worth about $5,697,000. 80.56% of the stock is currently owned by hedge funds and other institutional investors.
Applied Materials News Roundup
Here are the key news stories impacting Applied Materials this week:
- Positive Sentiment: A rally in chip-equipment shares is lifting AMAT ahead of its fiscal fourth-quarter results, scheduled for November 12. The sector move followed Lam Research’s announcement of a $25 billion share buyback. Article: Applied Materials Stocks Rise as Chip Equipment Rallies Ahead of Earnings
- Positive Sentiment: AI-related equipment demand and growth in advanced packaging are cited as longer-term supports for Applied Materials, despite the recent pullback in chip stocks. Article: AMAT Shares Plunge 30% in a Month: Should You Buy, Sell or Hold?
- Neutral Sentiment: The upcoming results are a key near-term catalyst: investors will assess whether demand and equipment-spending expectations hold up in a more cautious investment environment. Article: Applied Materials Stocks Fall Before a Revenue Test
- Negative Sentiment: The rebound follows a sharp chip-stock sell-off, with investors worried that data-center spending could slow; weak Qualcomm guidance added to sector concerns. AMAT also recently faced pressure after an analyst downgrade. Article: Chip Stock Rout Deepens Article: Applied Materials Stock Falls After Analyst Downgrade
Analyst Upgrades and Downgrades
A number of brokerages recently commented on AMAT. Citigroup reaffirmed a “buy” rating and set a $710.00 price objective (up from $550.00) on shares of Applied Materials in a research note on Monday, August 3rd. HSBC dropped their target price on Applied Materials from $683.00 to $641.00 and set a “buy” rating for the company in a research report on Friday, August 14th. Royal Bank Of Canada reiterated an “outperform” rating and set a $600.00 price objective on shares of Applied Materials in a research report on Wednesday, October 14th. Bank of America cut their price target on shares of Applied Materials from $720.00 to $650.00 and set a “buy” rating for the company in a report on Friday, August 14th. Finally, B. Riley Financial restated a “buy” rating and issued a $700.00 target price (down from $790.00) on shares of Applied Materials in a research note on Friday, August 14th. Thirty analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Applied Materials presently has a consensus rating of “Moderate Buy” and a consensus price target of $632.01.
Check Out Our Latest Report on Applied Materials
Insider Buying and Selling
In related news, CFO Brice Hill sold 7,500 shares of the stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $479.25, for a total transaction of $3,594,375.00. Following the completion of the sale, the chief financial officer owned 128,613 shares in the company, valued at $61,637,780.25. This trade represents a 5.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Adam Sanders sold 725 shares of the stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $544.56, for a total transaction of $394,806.00. Following the sale, the chief accounting officer owned 3,181 shares in the company, valued at $1,732,245.36. This represents a 18.56% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 9,225 shares of company stock valued at $4,454,181. Corporate insiders own 0.30% of the company’s stock.
About Representative Gottheimer
Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.
Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.
Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.
Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.
About Applied Materials
Applied Materials, Inc develops and supplies equipment, software and services used to manufacture semiconductors and advanced displays. Its technologies help customers build and process materials at the microscopic scale required for chips and other electronic products.
The company’s offerings include systems for depositing, removing and modifying materials, as well as inspection, measurement and process-control tools. It also provides equipment and services for advanced semiconductor packaging and supports customers with maintenance, upgrades and manufacturing software.
Founded in 1967 and headquartered in Santa Clara, California, Applied Materials serves semiconductor and display manufacturers around the world.
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