Applied Materials, Inc. $AMAT Shares Sold by Evergreen Private Wealth LLC

Evergreen Private Wealth LLC cut its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 9.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 41,611 shares of the manufacturing equipment provider’s stock after selling 4,521 shares during the period. Applied Materials makes up about 4.2% of Evergreen Private Wealth LLC’s investment portfolio, making the stock its largest holding. Evergreen Private Wealth LLC’s holdings in Applied Materials were worth $10,693,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Highline Wealth Partners LLC boosted its position in shares of Applied Materials by 48.7% during the fourth quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock worth $30,000 after buying an additional 38 shares during the period. Marquette Asset Management LLC boosted its position in shares of Applied Materials by 150.0% during the third quarter. Marquette Asset Management LLC now owns 125 shares of the manufacturing equipment provider’s stock worth $26,000 after buying an additional 75 shares during the period. Redmont Wealth Advisors LLC acquired a new position in shares of Applied Materials during the third quarter worth approximately $26,000. Manning & Napier Advisors LLC acquired a new position in shares of Applied Materials during the third quarter worth approximately $31,000. Finally, Optima Capital LLC acquired a new position in shares of Applied Materials during the fourth quarter worth approximately $39,000. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Applied Materials Price Performance

Shares of NASDAQ:AMAT opened at $403.48 on Thursday. Applied Materials, Inc. has a one year low of $142.74 and a one year high of $407.29. The stock has a fifty day moving average of $363.69 and a 200-day moving average of $298.99. The company has a market capitalization of $320.21 billion, a PE ratio of 41.30, a price-to-earnings-growth ratio of 1.76 and a beta of 1.64. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.94 and a current ratio of 2.71.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings data on Thursday, February 12th. The manufacturing equipment provider reported $2.38 EPS for the quarter, beating analysts’ consensus estimates of $2.21 by $0.17. Applied Materials had a return on equity of 37.52% and a net margin of 27.78%.The company had revenue of $7.01 billion during the quarter, compared to the consensus estimate of $6.88 billion. During the same quarter in the prior year, the firm earned $2.38 EPS. The company’s quarterly revenue was down 2.1% compared to the same quarter last year. Applied Materials has set its Q2 2026 guidance at 2.440-2.840 EPS. As a group, equities analysts anticipate that Applied Materials, Inc. will post 11.1 EPS for the current fiscal year.

Applied Materials Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Thursday, May 21st will be given a dividend of $0.53 per share. This is a boost from Applied Materials’s previous quarterly dividend of $0.46. The ex-dividend date is Thursday, May 21st. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.5%. Applied Materials’s payout ratio is currently 21.70%.

Insider Activity

In other news, CFO Brice Hill sold 5,000 shares of the stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $361.21, for a total transaction of $1,806,050.00. Following the completion of the sale, the chief financial officer owned 138,565 shares in the company, valued at approximately $50,051,063.65. This represents a 3.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Judy Bruner sold 2,500 shares of the stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $391.71, for a total value of $979,275.00. Following the sale, the director owned 26,089 shares of the company’s stock, valued at $10,219,322.19. This trade represents a 8.74% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 12,003 shares of company stock worth $4,484,189. Insiders own 0.30% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on AMAT shares. Sanford C. Bernstein reiterated an “outperform” rating and set a $425.00 price objective on shares of Applied Materials in a research report on Friday, February 13th. KGI Securities upgraded Applied Materials to an “outperform” rating and set a $425.00 target price for the company in a research report on Friday, February 13th. Summit Insights upgraded Applied Materials from a “hold” rating to a “buy” rating in a research report on Friday, February 13th. Weiss Ratings restated a “buy (b-)” rating on shares of Applied Materials in a research report on Friday, March 27th. Finally, Needham & Company LLC upped their target price on Applied Materials from $390.00 to $440.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $368.29.

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.