Swiss National Bank lessened its position in shares of Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 5.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,183,000 shares of the manufacturing equipment provider’s stock after selling 130,300 shares during the quarter. Swiss National Bank’s holdings in Applied Materials were worth $561,009,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors also recently bought and sold shares of the company. First Trust Advisors LP raised its position in shares of Applied Materials by 4.9% during the 3rd quarter. First Trust Advisors LP now owns 3,101,772 shares of the manufacturing equipment provider’s stock worth $635,057,000 after purchasing an additional 145,050 shares during the period. Elo Mutual Pension Insurance Co increased its position in Applied Materials by 21.8% in the 3rd quarter. Elo Mutual Pension Insurance Co now owns 96,712 shares of the manufacturing equipment provider’s stock valued at $19,801,000 after acquiring an additional 17,288 shares during the period. Worth Asset Management LLC acquired a new stake in Applied Materials in the 4th quarter valued at approximately $1,531,000. Avity Investment Management Inc. increased its position in Applied Materials by 1.1% in the 3rd quarter. Avity Investment Management Inc. now owns 223,211 shares of the manufacturing equipment provider’s stock valued at $45,700,000 after acquiring an additional 2,376 shares during the period. Finally, Baker Chad R increased its position in Applied Materials by 76.6% in the 4th quarter. Baker Chad R now owns 16,530 shares of the manufacturing equipment provider’s stock valued at $4,297,000 after acquiring an additional 7,170 shares during the period. Institutional investors own 80.56% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms recently commented on AMAT. The Goldman Sachs Group raised 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, May 15th. Wells Fargo & Company raised 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, May 15th. Susquehanna raised their target price on Applied Materials from $435.00 to $500.00 and gave the company a “positive” rating in a research report on Thursday, April 9th. Seaport Research Partners began coverage on Applied Materials in a research report on Monday, May 4th. They issued a “buy” rating and a $500.00 target price on the stock. Finally, DZ Bank upgraded Applied Materials to a “hold” rating in a research report on Monday, February 16th. Twenty-seven equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, Applied Materials has a consensus rating of “Moderate Buy” and an average target price of $483.03.
Applied Materials Stock Performance
Shares of NASDAQ AMAT opened at $552.64 on Friday. The stock has a fifty day moving average price of $422.95 and a two-hundred day moving average price of $351.11. 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 firm has a market cap of $438.77 billion, a P/E ratio of 51.89, a PEG ratio of 1.39 and a beta of 1.67. Applied Materials, Inc. has a 1 year low of $154.46 and a 1 year high of $557.62.
Applied Materials (NASDAQ:AMAT – Get Free Report) last issued its quarterly earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.68 by $0.18. The firm had revenue of $7.91 billion during the quarter, compared to analyst estimates of $7.68 billion. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The firm’s quarterly revenue was up 11.4% on a year-over-year basis. During the same period last year, the company posted $2.39 EPS. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Research analysts forecast that Applied Materials, Inc. will post 12.02 EPS for the current fiscal year.
Applied Materials Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be paid a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, August 20th. Applied Materials’s dividend payout ratio (DPR) is presently 19.91%.
More Applied Materials News
Here are the key news stories impacting Applied Materials this week:
- Positive Sentiment: Cantor Fitzgerald raised its price target on Applied Materials, adding to the bullish analyst backdrop and helping reinforce the stock’s upside momentum. Top 5 Strong Buy Stocks to Invest In
- Positive Sentiment: Barclays reiterated an Overweight rating on Applied Materials, citing continued investment in new chip supply and AI infrastructure demand. Applied Materials and KLA Are Surging. Why You Should Buy the Stocks, Says This Analyst.
- Positive Sentiment: Applied Materials is being highlighted as a key beneficiary of high-bandwidth memory and broader AI hardware spending, which supports long-term semiconductor equipment demand. Applied Materials (AMAT) Is One Of the Best High-Bandwidth Memory Stocks To Buy
- Positive Sentiment: The company’s new $500 million Singapore manufacturing expansion is being viewed as a strategic move to support AI chip demand and expand capacity for future growth. Applied Materials Expands Singapore Manufacturing to Support AI Chip Demand
Insider Transactions at Applied Materials
In other Applied Materials news, Director Judy Bruner sold 1,128 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $450.00, for a total transaction of $507,600.00. Following the completion of the transaction, the director directly owned 26,544 shares of the company’s stock, valued at approximately $11,944,800. This trade represents a 4.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Brice Hill sold 2,500 shares of the stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $498.86, for a total value of $1,247,150.00. Following the transaction, the chief financial officer directly owned 136,113 shares of the company’s stock, valued at approximately $67,901,331.18. The trade was a 1.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 53,896 shares of company stock valued at $27,135,121. Company insiders own 0.30% of the company’s stock.
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.
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