Prime Capital Investment Advisors LLC Has $14.47 Million Holdings in Applied Materials, Inc. $AMAT

Prime Capital Investment Advisors LLC decreased its position in Applied Materials, Inc. (NASDAQ:AMAT) by 15.9% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 70,690 shares of the manufacturing equipment provider’s stock after selling 13,316 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Applied Materials were worth $14,473,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in AMAT. IFG Advisory LLC raised its stake in shares of Applied Materials by 1,008.1% in the 2nd quarter. IFG Advisory LLC now owns 36,156 shares of the manufacturing equipment provider’s stock valued at $6,619,000 after buying an additional 32,893 shares in the last quarter. Grandfield & Dodd LLC increased its stake in Applied Materials by 6.9% in the third quarter. Grandfield & Dodd LLC now owns 269,511 shares of the manufacturing equipment provider’s stock valued at $55,180,000 after acquiring an additional 17,397 shares during the period. Atlantic Union Bankshares Corp raised its position in Applied Materials by 23.0% in the second quarter. Atlantic Union Bankshares Corp now owns 12,643 shares of the manufacturing equipment provider’s stock worth $2,315,000 after purchasing an additional 2,363 shares in the last quarter. Sienna Gestion grew its stake in shares of Applied Materials by 10.2% in the 2nd quarter. Sienna Gestion now owns 113,221 shares of the manufacturing equipment provider’s stock valued at $18,924,000 after purchasing an additional 10,468 shares during the period. Finally, Vanguard Personalized Indexing Management LLC raised its holdings in shares of Applied Materials by 31.8% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 145,277 shares of the manufacturing equipment provider’s stock worth $26,601,000 after buying an additional 35,012 shares in the last quarter. 80.56% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Applied Materials

In related news, CAO Adam Sanders sold 609 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $255.53, for a total transaction of $155,617.77. Following the completion of the sale, the chief accounting officer directly owned 4,413 shares of the company’s stock, valued at $1,127,653.89. The trade was a 12.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, SVP Teri A. Little sold 4,000 shares of the stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $238.24, for a total value of $952,960.00. Following the completion of the transaction, the senior vice president directly owned 84,351 shares in the company, valued at approximately $20,095,782.24. This trade represents a 4.53% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 8,609 shares of company stock worth $2,044,898. Corporate insiders own 0.30% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on AMAT. Weiss Ratings raised Applied Materials from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, December 29th. Stifel Nicolaus boosted their target price on shares of Applied Materials from $250.00 to $340.00 and gave the company a “buy” rating in a research note on Wednesday, January 14th. Royal Bank Of Canada started coverage on shares of Applied Materials in a research report on Wednesday, January 14th. They set an “outperform” rating and a $385.00 target price for the company. JPMorgan Chase & Co. boosted their price target on shares of Applied Materials from $220.00 to $260.00 and gave the company an “overweight” rating in a research report on Friday, November 14th. Finally, Morgan Stanley upped their price objective on shares of Applied Materials from $273.00 to $364.00 and gave the stock an “overweight” rating in a research note on Monday. Twenty-four analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $311.04.

Applied Materials Trading Up 5.2%

AMAT stock traded up $15.71 during trading on Friday, hitting $319.70. The company had a trading volume of 668,430 shares, compared to its average volume of 7,961,825. The firm has a 50-day moving average price of $286.66 and a 200-day moving average price of $230.31. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $344.60. The company has a quick ratio of 1.87, a current ratio of 2.61 and a debt-to-equity ratio of 0.32. The stock has a market cap of $253.75 billion, a price-to-earnings ratio of 36.85, a PEG ratio of 2.64 and a beta of 1.70.

Applied Materials (NASDAQ:AMAT) last released its earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 EPS for the quarter, beating the consensus estimate of $2.11 by $0.06. The company had revenue of $6.80 billion during the quarter, compared to analysts’ expectations of $6.68 billion. Applied Materials had a return on equity of 39.26% and a net margin of 24.67%.The business’s revenue for the quarter was down 3.5% on a year-over-year basis. During the same period last year, the firm earned $2.32 EPS. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. As a group, analysts predict that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Thursday, February 19th will be issued a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Thursday, February 19th. Applied Materials’s payout ratio is currently 21.20%.

Applied Materials Company 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.