DNB Asset Management AS lifted its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 51.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 280,792 shares of the manufacturing equipment provider’s stock after purchasing an additional 94,779 shares during the quarter. DNB Asset Management AS’s holdings in Applied Materials were worth $72,161,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of the business. Godsey & Gibb Inc. raised its position in shares of Applied Materials by 2.6% during the fourth quarter. Godsey & Gibb Inc. now owns 1,298 shares of the manufacturing equipment provider’s stock worth $334,000 after purchasing an additional 33 shares during the period. Family Capital Management Inc. raised its position in Applied Materials by 0.8% in the 4th quarter. Family Capital Management Inc. now owns 4,227 shares of the manufacturing equipment provider’s stock valued at $1,086,000 after buying an additional 33 shares during the last quarter. Denali Advisors LLC raised its position in Applied Materials by 0.7% in the 4th quarter. Denali Advisors LLC now owns 4,582 shares of the manufacturing equipment provider’s stock valued at $1,178,000 after buying an additional 34 shares during the last quarter. Traveka Wealth LLC raised its position in Applied Materials by 2.6% in the 4th quarter. Traveka Wealth LLC now owns 1,404 shares of the manufacturing equipment provider’s stock valued at $361,000 after buying an additional 36 shares during the last quarter. Finally, Highline Wealth Partners LLC raised its position in Applied Materials by 48.7% in the 4th quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock valued at $30,000 after buying an additional 38 shares during the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.
Applied Materials Stock Down 0.9%
NASDAQ:AMAT opened at $436.62 on Friday. The firm has a market capitalization of $346.51 billion, a price-to-earnings ratio of 41.00, a price-to-earnings-growth ratio of 1.95 and a beta of 1.66. Applied Materials, Inc. has a twelve month low of $153.47 and a twelve month high of $448.45. The stock’s 50 day moving average price is $379.09 and its two-hundred day moving average price is $319.44. The company has a quick ratio of 1.94, a current ratio of 2.71 and a debt-to-equity ratio of 0.30.
Applied Materials Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Thursday, May 21st will be given a dividend of $0.53 per share. This is a positive change from Applied Materials’s previous quarterly dividend of $0.46. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $2.12 annualized dividend and a dividend yield of 0.5%. Applied Materials’s payout ratio is presently 18.83%.
Insiders Place Their Bets
In other news, CAO Adam Sanders sold 534 shares of Applied Materials stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $379.16, for a total transaction of $202,471.44. Following the completion of the transaction, the chief accounting officer directly owned 4,625 shares in the company, valued at approximately $1,753,615. The trade was a 10.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Brice Hill sold 5,000 shares of Applied Materials stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $361.21, for a total value of $1,806,050.00. Following the transaction, the chief financial officer owned 138,565 shares of the company’s stock, valued at $50,051,063.65. This represents a 3.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 12,003 shares of company stock valued at $4,484,189 in the last 90 days. 0.30% of the stock is currently owned by insiders.
Applied Materials News Summary
Here are the key news stories impacting Applied Materials this week:
- Positive Sentiment: Applied Materials posted record Q2 results, beating EPS and revenue expectations and lifting its outlook, with management citing strong AI infrastructure spending as a key growth driver. Applied Materials Announces Second Quarter 2026 Results
- Positive Sentiment: Wall Street turned more bullish after the report, with multiple firms raising price targets, including Bank of America, JPMorgan, Mizuho, Morgan Stanley, Needham, and KeyCorp, reinforcing confidence in multi-year earnings growth. Applied Materials Sees Multi-Year AI Boom Driving Record Revenue And Growth Through 2028
- Positive Sentiment: Several analysts highlighted a durable AI-driven semiconductor upcycle, suggesting Applied Materials could sustain elevated demand and margins through 2027-2028. Krish Sankar Reaffirms Buy on Applied Materials
- Neutral Sentiment: The broader market backdrop is weaker, with major indexes down as Treasury yields and oil prices rise, which is adding headwinds for high-valuation tech and AI stocks. Stock Market Today: Dow Falls As Oil Prices, Yields Jump; Applied Materials, Nvidia, Cerebras Slide
- Negative Sentiment: Even with the strong earnings report, the stock is slipping as investors rotate out after a sharp year-to-date rally, showing some concern that expectations may already be very high. Applied Materials slips despite record quarter and strong outlook (AMAT)
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on AMAT shares. JPMorgan Chase & Co. lifted their target price on Applied Materials from $400.00 to $515.00 and gave the company an “overweight” rating in a research report on Friday. Royal Bank Of Canada lifted their target price on Applied Materials from $500.00 to $520.00 and gave the company an “outperform” rating in a research report on Friday. Citigroup lifted their target price on Applied Materials from $420.00 to $520.00 and gave the company a “buy” rating in a research report on Tuesday. Wells Fargo & Company lifted their target price on Applied Materials from $435.00 to $520.00 and gave the company an “overweight” rating in a research report on Friday. Finally, The Goldman Sachs Group lifted their target price on Applied Materials from $390.00 to $520.00 and gave the company a “buy” rating in a research report on Friday. Twenty-seven analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, Applied Materials presently has a consensus rating of “Moderate Buy” and an average target price of $463.89.
Get Our Latest Stock Report on AMAT
Applied Materials 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.
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