Vicus Capital Buys New Stake in Applied Materials, Inc. $AMAT

Posted by Brian Himes on Jun 30th, 2026

Vicus Capital purchased a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT – Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,224 shares of the manufacturing equipment provider’s stock, valued at approximately $418,000.

Several other large investors have also recently added to or reduced their stakes in AMAT. Cornerstone Financial Management LLC acquired a new position in shares of Applied Materials during the fourth quarter worth about $25,000. Wilkerson Advisory Group LLC acquired a new stake in shares of Applied Materials in the fourth quarter valued at about $26,000. Highline Wealth Partners LLC grew its stake in shares of 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 buying an additional 38 shares in the last quarter. Joseph Group Capital Management purchased a new stake in shares of Applied Materials during the 4th quarter valued at about $31,000. Finally, Dogwood Wealth Management LLC raised its holdings in shares of Applied Materials by 52.4% during the 4th quarter. Dogwood Wealth Management LLC now owns 128 shares of the manufacturing equipment provider’s stock valued at $33,000 after buying an additional 44 shares during the period. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Applied Materials Price Performance

Shares of NASDAQ AMAT opened at $694.64 on Tuesday. 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 $708.99. The business has a 50 day moving average price of $479.64 and a two-hundred day moving average price of $381.14. The firm has a market cap of $551.52 billion, a PE ratio of 65.22, a price-to-earnings-growth ratio of 1.74 and a beta of 1.67.

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 (EPS) for the quarter, beating analysts’ consensus estimates of $2.68 by $0.18. The company had revenue of $7.91 billion for 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%.Applied Materials’s quarterly revenue was up 11.4% on a year-over-year basis. During the same period in the prior year, the company posted $2.39 EPS. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Sell-side analysts expect that Applied Materials, Inc. will post 12.1 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be issued 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 0.3%. Applied Materials’s dividend payout ratio is currently 19.91%.

Wall Street Analysts Forecast Growth

AMAT has been the subject of a number of analyst reports. Truist Financial set a $575.00 price target on Applied Materials in a report on Thursday, May 28th. Royal Bank Of Canada lifted their price objective on shares of Applied Materials from $500.00 to $520.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. Stifel Nicolaus set a $530.00 target price on shares of Applied Materials in a research report on Friday, May 15th. Wolfe Research upped their target price on shares of Applied Materials from $500.00 to $550.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. Finally, Susquehanna raised their price target on shares of Applied Materials from $435.00 to $500.00 and gave the company a “positive” rating in a report on Thursday, April 9th. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Applied Materials presently has an average rating of “Moderate Buy” and a consensus price target of $541.06.

View Our Latest Stock Analysis on Applied Materials

Insider Transactions at Applied Materials

In other Applied Materials news, SVP Omkaram Nalamasu sold 24,263 shares of the stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $593.43, for a total transaction of $14,398,392.09. Following the transaction, the senior vice president directly owned 146,916 shares in the company, valued at $87,184,361.88. This represents a 14.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Timothy M. Deane sold 8,621 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $590.76, for a total transaction of $5,092,941.96. Following the transaction, the senior vice president directly owned 134,631 shares of the company’s stock, valued at approximately $79,534,609.56. This represents a 6.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 199,767 shares of company stock valued at $114,104,709 over the last ninety days. 0.30% of the stock is currently owned by corporate insiders.

Applied Materials News Roundup

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

Positive Sentiment: KeyBanc turned more constructive ahead of Applied Materials’ upcoming Q3 earnings, helping fuel a surge in the stock as traders bet on strong near-term results and continued AI-related demand. Why Applied Materials Shares Are Surging Monday
Positive Sentiment: Multiple firms raised their price targets, including KeyBanc and Bank of America, with one note lifting its target to a Street-high level and reinforcing a bullish outlook for AMAT. Bank of America Just Gave Applied Materials Stock a New Street-High Price Target
Positive Sentiment: Applied Materials was added to the Russell Top 50 index, which could increase passive-fund ownership and broaden investor attention. Applied Materials (AMAT) Joins Russell Top 50 After Leaving Value Indexes
Neutral Sentiment: Commentary from market strategists noted that much of the good news may already be priced in after AMAT’s strong run, raising the risk that any earnings disappointment could trigger volatility. This Analyst Sees 20% Upside For AMAT Stock – Says High Expectations Around Applied Materials’ Businesses Create Short-Term Risk
Negative Sentiment: Some analysts cautioned that expectations are now very high after the stock’s rapid rally, which could limit upside if Applied Materials does not deliver an especially strong earnings report. Applied Materials: Equipment Market Surge Priced Into Stock Price

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.