Harvest Fund Management Co. Ltd Purchases 12,918 Shares of Applied Materials, Inc. $AMAT

Posted by Francis Steltz on Jun 5th, 2026

Harvest Fund Management Co. Ltd increased its position in shares of Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 24.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 66,125 shares of the manufacturing equipment provider’s stock after buying an additional 12,918 shares during the period. Harvest Fund Management Co. Ltd’s holdings in Applied Materials were worth $16,982,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Highline Wealth Partners LLC grew its position in Applied Materials by 48.7% in the fourth quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock valued at $30,000 after acquiring an additional 38 shares during the period. Joseph Group Capital Management bought a new stake in Applied Materials in the fourth quarter valued at $31,000. Redmont Wealth Advisors LLC bought a new stake in Applied Materials in the third quarter valued at $26,000. Dogwood Wealth Management LLC grew its position in Applied Materials by 52.4% in the fourth quarter. Dogwood Wealth Management LLC now owns 128 shares of the manufacturing equipment provider’s stock valued at $33,000 after acquiring an additional 44 shares during the period. Finally, IMG Wealth Management Inc. grew its position in Applied Materials by 147.2% in the fourth quarter. IMG Wealth Management Inc. now owns 131 shares of the manufacturing equipment provider’s stock valued at $34,000 after acquiring an additional 78 shares during the period. 80.56% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. DZ Bank upgraded Applied Materials to a “hold” rating in a research report on Monday, February 16th. Zacks Research cut Applied Materials from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. HSBC assumed coverage on Applied Materials in a research report on Friday, May 8th. They issued a “buy” rating and a $517.00 price target on the stock. The Goldman Sachs Group upped their price target on Applied Materials from $390.00 to $520.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on Applied Materials from $450.00 to $550.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Twenty-seven research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $470.13.

Read Our Latest Analysis on AMAT

Insider Activity

In related news, Director Judy Bruner sold 1,128 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $450.00, for a total value of $507,600.00. Following the transaction, the director owned 26,544 shares in the company, valued at $11,944,800. This trade represents a 4.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Adam Sanders sold 268 shares of the firm’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $434.22, for a total value of $116,370.96. Following the completion of the transaction, the chief accounting officer owned 4,280 shares in the company, valued at approximately $1,858,461.60. This represents a 5.89% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.30% of the stock is owned by company insiders.

Applied Materials Price Performance

Shares of AMAT stock opened at $502.02 on Friday. The stock’s fifty day moving average is $407.26 and its 200-day moving average is $341.53. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.80 and a current ratio of 2.51. The stock has a market capitalization of $398.58 billion, a PE ratio of 47.14, a PEG ratio of 1.40 and a beta of 1.67. Applied Materials, Inc. has a 52 week low of $154.46 and a 52 week high of $510.75.

Applied Materials (NASDAQ:AMAT – Get Free Report) last announced its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, topping the consensus estimate of $2.68 by $0.18. The company had revenue of $7.91 billion for the quarter, compared to analysts’ expectations of $7.68 billion. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The business’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Equities research analysts expect that Applied Materials, Inc. will post 12.02 EPS for the current fiscal year.

Applied Materials Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Thursday, May 21st will be issued a $0.53 dividend. This is a positive change from Applied Materials’s previous quarterly dividend of $0.46. This represents a $2.12 annualized dividend and a yield of 0.4%. The ex-dividend date is Thursday, May 21st. Applied Materials’s dividend payout ratio (DPR) is 19.91%.

Applied Materials Company Profile

(Free Report)

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.