Applied Materials, Inc. $AMAT Shares Sold by Macquarie Group Ltd.

Posted by George Bondi on Jun 13th, 2026

Macquarie Group Ltd. reduced its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 63.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 266,455 shares of the manufacturing equipment provider’s stock after selling 469,704 shares during the quarter. Macquarie Group Ltd.’s holdings in Applied Materials were worth $68,476,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. First Trust Advisors LP lifted its stake in shares of Applied Materials by 4.9% during the third quarter. First Trust Advisors LP now owns 3,101,772 shares of the manufacturing equipment provider’s stock worth $635,057,000 after buying an additional 145,050 shares during the period. Elo Mutual Pension Insurance Co lifted its stake in shares of Applied Materials by 21.8% during the third quarter. Elo Mutual Pension Insurance Co now owns 96,712 shares of the manufacturing equipment provider’s stock worth $19,801,000 after buying an additional 17,288 shares during the period. Worth Asset Management LLC acquired a new stake in shares of Applied Materials during the fourth quarter worth $1,531,000. Avity Investment Management Inc. lifted its stake in shares of Applied Materials by 1.1% during the third quarter. Avity Investment Management Inc. now owns 223,211 shares of the manufacturing equipment provider’s stock worth $45,700,000 after buying an additional 2,376 shares during the period. Finally, Baker Chad R lifted its stake in shares of Applied Materials by 76.6% during the fourth quarter. Baker Chad R now owns 16,530 shares of the manufacturing equipment provider’s stock worth $4,297,000 after buying an additional 7,170 shares during the period. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Applied Materials

Here are the key news stories impacting Applied Materials this week:

Positive Sentiment: Barclays reiterated an Overweight rating on Applied Materials, saying investment in new chip supply remains strong and supporting the stock’s bullish momentum. Applied Materials and KLA Are Surging. Why You Should Buy the Stocks, Says This Analyst.
Positive Sentiment: Erste Group Bank raised its earnings estimates for Applied Materials, lifting FY2026 EPS forecast to $12.20 and FY2027 to $16.29, while keeping a Buy rating. Applied Materials estimate revision
Positive Sentiment: Several recent articles highlighted Applied Materials as a top momentum and AI-beneficiary stock, with commentary pointing to strong May performance, heavy hedge fund ownership, and broad analyst support. Is Applied Materials (AMAT) A Good Stock to Buy Now?
Positive Sentiment: Investor attention is also being fueled by a recent 52-week-high move and reports of continued rotation into chip equipment stocks, reinforcing the view that AMAT remains a favored AI infrastructure name. Why Did AMAT, AMPG, OSCR Stocks Surge To 52-Week Highs Today?
Neutral Sentiment: Other coverage today was largely repeated “great momentum stock” and “attracting investor attention” pieces, reflecting strong market interest rather than a new company-specific catalyst. Applied Materials (AMAT) is a Great Momentum Stock: Should You Buy?

Wall Street Analysts Forecast Growth

Several research firms have recently commented on AMAT. Raymond James Financial set a $650.00 price objective on shares of Applied Materials in a research note on Wednesday. JPMorgan Chase & Co. boosted their target price on shares of Applied Materials from $400.00 to $515.00 and gave the company an “overweight” rating in a research report on Friday, May 15th. Royal Bank Of Canada boosted their target price on shares of Applied Materials from $500.00 to $520.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. KGI Securities upgraded shares of Applied Materials to an “outperform” rating and set a $425.00 target price for the company in a research report on Friday, February 13th. Finally, Zacks Research downgraded shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $483.03.

Get Our Latest Report on Applied Materials

Insider Activity

In other Applied Materials news, insider Prabu G. Raja sold 50,000 shares of the company’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $505.28, for a total value of $25,264,000.00. Following the completion of the transaction, the insider owned 356,642 shares in the company, valued at approximately $180,204,069.76. This represents a 12.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Judy Bruner sold 1,128 shares of the company’s stock in a transaction dated 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 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 disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 53,896 shares of company stock worth $27,135,121. 0.30% of the stock is currently owned by insiders.

Applied Materials Trading Up 2.6%

NASDAQ AMAT opened at $567.25 on Friday. The company has a market capitalization of $450.37 billion, a PE ratio of 53.26, a P/E/G ratio of 1.54 and a beta of 1.67. The company has a fifty day moving average of $427.22 and a 200 day moving average of $352.62. Applied Materials, Inc. has a 1 year low of $154.46 and a 1 year high of $569.95. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.51 and a quick ratio of 1.80.

Applied Materials (NASDAQ:AMAT – Get Free Report) last posted its 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 company had revenue of $7.91 billion during the quarter, compared to the consensus estimate of $7.68 billion. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The firm’s quarterly revenue was up 11.4% on a year-over-year basis. During the same period in the previous year, the firm posted $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Research analysts forecast that Applied Materials, Inc. will post 12.1 earnings per share for the current year.

Applied Materials Announces Dividend

The company 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 is Thursday, August 20th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.4%. Applied Materials’s dividend payout ratio is 19.91%.

About Applied Materials

(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.