Peterson Wealth Services boosted its stake in Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 11,160.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,126 shares of the manufacturing equipment provider’s stock after buying an additional 1,116 shares during the quarter. Peterson Wealth Services’ holdings in Applied Materials were worth $289,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Highline Wealth Partners LLC lifted its holdings 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 purchasing an additional 38 shares in the last quarter. Joseph Group Capital Management purchased a new position in Applied Materials in the 4th quarter valued at about $31,000. Redmont Wealth Advisors LLC purchased a new position in Applied Materials in the 3rd quarter valued at about $26,000. Dogwood Wealth Management LLC lifted its holdings in Applied Materials by 52.4% in the 4th quarter. Dogwood Wealth Management LLC now owns 128 shares of the manufacturing equipment provider’s stock valued at $33,000 after purchasing an additional 44 shares in the last quarter. Finally, IMG Wealth Management Inc. lifted its holdings in Applied Materials by 147.2% in the 4th quarter. IMG Wealth Management Inc. now owns 131 shares of the manufacturing equipment provider’s stock valued at $34,000 after purchasing an additional 78 shares in the last quarter. Hedge funds and other institutional investors own 80.56% of the company’s stock.
Insider Buying and Selling
In other news, CFO Brice Hill sold 2,500 shares of Applied Materials stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $498.86, for a total transaction of $1,247,150.00. Following the sale, the chief financial officer owned 136,113 shares in the company, valued at $67,901,331.18. This trade represents a 1.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Judy Bruner sold 1,128 shares of Applied Materials stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $450.00, for a total transaction of $507,600.00. Following the sale, the director owned 26,544 shares in the company, valued at $11,944,800. This represents a 4.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 53,896 shares of company stock valued at $27,135,121. 0.30% of the stock is owned by company insiders.
Analyst Ratings Changes
Get Our Latest Research Report on Applied Materials
Applied Materials Trading Up 11.2%
Shares of AMAT stock opened at $552.64 on Friday. The stock has a market cap of $438.77 billion, a price-to-earnings ratio of 51.89, a price-to-earnings-growth ratio of 1.39 and a beta of 1.67. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22. Applied Materials, Inc. has a fifty-two week low of $154.46 and a fifty-two week high of $557.62. The firm’s 50 day moving average price is $422.95 and its two-hundred day moving average price is $351.11.
Applied Materials (NASDAQ:AMAT – Get Free Report) last announced its quarterly earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, beating analysts’ consensus estimates of $2.68 by $0.18. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The firm had revenue of $7.91 billion for the quarter, compared to analysts’ expectations of $7.68 billion. During the same period in the previous year, the company posted $2.39 earnings per share. Applied Materials’s revenue was up 11.4% compared to the same quarter last year. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. On average, analysts anticipate that Applied Materials, Inc. will post 12.02 EPS for the current year.
Applied Materials Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be given a $0.53 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.12 annualized dividend and a yield of 0.4%. Applied Materials’s dividend payout ratio (DPR) is 19.91%.
Key Headlines Impacting Applied Materials
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
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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