Truvestments Capital LLC lessened its holdings in Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 7.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,999 shares of the manufacturing equipment provider’s stock after selling 1,169 shares during the period. Truvestments Capital LLC’s holdings in Applied Materials were worth $3,598,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Vanguard Personalized Indexing Management LLC grew its position in Applied Materials by 2.0% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 142,520 shares of the manufacturing equipment provider’s stock valued at $36,626,000 after acquiring an additional 2,829 shares during the last quarter. Venture Visionary Partners LLC grew its position in Applied Materials by 46.3% in the fourth quarter. Venture Visionary Partners LLC now owns 10,881 shares of the manufacturing equipment provider’s stock valued at $2,796,000 after acquiring an additional 3,446 shares during the last quarter. Piedmont Capital Management LLC NC bought a new position in Applied Materials in the fourth quarter valued at about $406,000. Sargent Investment Group LLC bought a new position in Applied Materials in the fourth quarter valued at about $419,000. Finally, Mariner LLC grew its holdings in shares of Applied Materials by 7.2% during the fourth quarter. Mariner LLC now owns 308,823 shares of the manufacturing equipment provider’s stock worth $79,401,000 after purchasing an additional 20,760 shares during the last quarter. Institutional investors own 80.56% of the company’s stock.
Analyst Ratings Changes
Several research analysts have recently issued reports on AMAT shares. Wells Fargo & Company upped their price objective on Applied Materials from $435.00 to $520.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. KeyCorp upped their price objective on Applied Materials from $450.00 to $550.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. TD Cowen upped their price objective on Applied Materials from $450.00 to $525.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Barclays upped their price objective on Applied Materials from $500.00 to $590.00 and gave the company an “overweight” rating in a research note on Thursday. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $525.00 price objective on shares of Applied Materials in a research note 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 stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $483.03.
Insiders Place Their Bets
In other Applied Materials news, Director Judy Bruner sold 1,128 shares of the stock in a transaction that occurred 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 transaction, the director directly owned 26,544 shares in the company, valued at approximately $11,944,800. This represents a 4.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Prabu G. Raja sold 50,000 shares of the stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $505.28, for a total value of $25,264,000.00. Following the transaction, the insider owned 356,642 shares in the company, valued at $180,204,069.76. The trade was a 12.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 53,896 shares of company stock valued at $27,135,121 over the last 90 days. 0.30% of the stock is currently owned by corporate insiders.
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?
Applied Materials Price Performance
Shares of NASDAQ AMAT opened at $567.25 on Monday. Applied Materials, Inc. has a twelve month low of $154.46 and a twelve month high of $569.95. The firm has a fifty day simple moving average of $427.22 and a 200 day simple moving average of $353.48. The company has a market capitalization of $450.37 billion, a PE ratio of 53.26, a P/E/G ratio of 1.58 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 (NASDAQ:AMAT – Get Free Report) last announced its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, topping analysts’ consensus estimates of $2.68 by $0.18. The business 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%. Applied Materials’s quarterly revenue was up 11.4% on a year-over-year basis. During the same quarter last year, the firm earned $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. On average, sell-side analysts forecast that Applied Materials, Inc. will post 12.1 EPS for the current year.
Applied Materials Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be issued a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Thursday, August 20th. Applied Materials’s dividend payout ratio is presently 19.91%.
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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