Applied Materials, Inc. $AMAT Stock Bought by Danske Bank A S

Danske Bank A S lifted its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 1.7% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 505,590 shares of the manufacturing equipment provider’s stock after purchasing an additional 8,496 shares during the quarter. Danske Bank A S’s holdings in Applied Materials were worth $258,549,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the business. Ausdal Financial Partners Inc. acquired a new stake in shares of Applied Materials during the 2nd quarter worth $4,005,000. Caldwell Investment Management Ltd. bought a new position in shares of Applied Materials in the second quarter worth $1,589,000. CX Institutional raised its stake in Applied Materials by 333.3% in the third quarter. CX Institutional now owns 25,853 shares of the manufacturing equipment provider’s stock valued at $12,631,000 after purchasing an additional 19,886 shares in the last quarter. Principal Financial Group Inc. raised its stake in Applied Materials by 3.0% in the second quarter. Principal Financial Group Inc. now owns 1,008,591 shares of the manufacturing equipment provider’s stock valued at $729,211,000 after purchasing an additional 28,982 shares in the last quarter. Finally, Handelsbanken Fonder AB raised its stake in Applied Materials by 29.6% in the second quarter. Handelsbanken Fonder AB now owns 462,685 shares of the manufacturing equipment provider’s stock valued at $334,521,000 after purchasing an additional 105,776 shares in the last quarter. 80.56% of the stock is owned by institutional investors and hedge funds.

More Applied Materials News

Here’s some of the latest news about AMAT:

• Positive Sentiment: Fiscal Q4 revenue reached a record $10.41 billion, up 53% year over year, while non-GAAP EPS rose 92% to $4.16; both topped analysts’ estimates. The company also reported higher margins and returned $2.42 billion to shareholders through dividends and buybacks. Applied Materials Announces Fourth Quarter and Fiscal Year 2026 Results
• Neutral Sentiment: Management said demand is running ahead of supply, but component shortages and customers’ limited clean-room capacity may constrain how quickly equipment deliveries can scale. China is expected to account for less than a quarter of business in 2027, reducing reliance on that market even as export restrictions remain a risk. Applied Materials Says Chip Demand Remains Much Higher Than Supply
• Negative Sentiment: The strong quarter has not overcome weak sector sentiment: multiple analysts lowered price targets, citing valuation or semiconductor-equipment multiple compression, although most maintained Buy or Overweight ratings. A broader chip-stock sell-off and lingering concerns around AI-related trades have also weighed on the reaction. Analysts cut targets despite strong results

Applied Materials Price Performance

Shares of NASDAQ AMAT traded down $10.45 during midday trading on Friday, reaching $370.50. 11,933,246 shares of the company were exchanged, compared to its average volume of 8,342,034. The stock’s 50-day moving average price is $437.91 and its 200-day moving average price is $446.02. The stock has a market cap of $294.03 billion, a P/E ratio of 29.36, a PEG ratio of 0.74 and a beta of 1.67. Applied Materials, Inc. has a one year low of $203.40 and a one year high of $739.67. The company has a quick ratio of 1.79, a current ratio of 2.42 and a debt-to-equity ratio of 0.20.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings results on Thursday, November 12th. The manufacturing equipment provider reported $4.16 EPS for the quarter, beating analysts’ consensus estimates of $4.06 by $0.10. Applied Materials had a return on equity of 43.37% and a net margin of 29.29%. The company had revenue of $10.41 billion during the quarter, compared to analysts’ expectations of $10.30 billion. During the same period in the prior year, the company earned $2.17 EPS. Applied Materials has set its Q1 2027 guidance at 4.150-4.550 EPS. On average, sell-side analysts anticipate that Applied Materials, Inc. will post 18.28 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Thursday, November 19th will be given a dividend of $0.53 per share. The ex-dividend date is Thursday, November 19th. This represents a $2.12 dividend on an annualized basis and a yield of 0.6%. Applied Materials’s payout ratio is currently 18.28%.

Insiders Place Their Bets

In other Applied Materials news, CFO Brice Hill sold 7,500 shares of the company’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $479.25, for a total value of $3,594,375.00. Following the completion of the transaction, the chief financial officer owned 128,613 shares of the company’s stock, valued at $61,637,780.25. This represents a 5.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Adam Sanders sold 725 shares of the stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $544.56, for a total value of $394,806.00. Following the completion of the transaction, the chief accounting officer owned 3,181 shares of the company’s stock, valued at $1,732,245.36. This represents a 18.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 9,225 shares of company stock valued at $4,454,181 in the last 90 days. Corporate insiders own 0.30% of the company’s stock.

Analyst Ratings Changes

AMAT has been the subject of several recent analyst reports. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $600.00 price objective on shares of Applied Materials in a research report on Friday. The Goldman Sachs Group raised their target price on shares of Applied Materials from $645.00 to $670.00 and gave the company a “buy” rating in a report on Friday, August 14th. B. Riley Financial dropped their target price on shares of Applied Materials from $700.00 to $475.00 and set a “buy” rating for the company in a research report on Monday, November 9th. Argus set a $600.00 price target on shares of Applied Materials and gave the stock a “buy” rating in a report on Tuesday, August 18th. Finally, Deutsche Bank reaffirmed a “buy” rating and set a $605.00 price target (down from $680.00) on shares of Applied Materials in a report on Friday, August 14th. Twenty-nine investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $589.23.

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.