Eagle Wealth Advisors LLC bought a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT – Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 2,114 shares of the manufacturing equipment provider’s stock, valued at approximately $723,000.
Several other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC lifted its position in shares of Applied Materials by 28.0% during the fourth quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock worth $2,061,000 after purchasing an additional 2,771 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in shares of Applied Materials by 26.7% in the second quarter. Sivia Capital Partners LLC now owns 3,225 shares of the manufacturing equipment provider’s stock valued at $590,000 after purchasing an additional 679 shares during the period. Forefront Wealth Partners LLC acquired a new position in shares of Applied Materials in the second quarter valued at approximately $410,000. Schnieders Capital Management LLC. increased its stake in Applied Materials by 30.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 15,003 shares of the manufacturing equipment provider’s stock worth $2,747,000 after buying an additional 3,469 shares during the period. Finally, Sei Investments Co. increased its stake in Applied Materials by 59.3% during the 2nd quarter. Sei Investments Co. now owns 422,694 shares of the manufacturing equipment provider’s stock worth $77,383,000 after buying an additional 157,426 shares during the period. 80.56% of the stock is owned by institutional investors and hedge funds.
Applied Materials Trading Up 4.1%
Shares of NASDAQ:AMAT opened at $723.00 on Wednesday. Applied Materials, Inc. has a 52 week low of $154.46 and a 52 week high of $739.67. The company’s 50 day moving average is $486.16 and its two-hundred day moving average is $384.29. The company has a market cap of $574.03 billion, a PE ratio of 67.89, a P/E/G ratio of 1.93 and a beta of 1.67. The company has a current ratio of 2.51, a quick ratio of 1.80 and a debt-to-equity ratio of 0.22.
Applied Materials Dividend Announcement
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 yield of 0.3%. The ex-dividend date of this dividend is Thursday, August 20th. Applied Materials’s payout ratio is 19.91%.
Insider Activity at Applied Materials
In other news, Director Thomas J. Iannotti sold 9,250 shares of the company’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $599.77, for a total transaction of $5,547,872.50. Following the completion of the transaction, the director directly owned 40,559 shares of the company’s stock, valued at approximately $24,326,071.43. This represents a 18.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Omkaram Nalamasu sold 24,263 shares of the stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $593.43, for a total value of $14,398,392.09. Following the completion of the transaction, the senior vice president owned 146,916 shares in the company, valued at approximately $87,184,361.88. The trade was a 14.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 199,767 shares of company stock worth $114,104,709 over the last three months. Company insiders own 0.30% of the company’s stock.
Key Headlines Impacting Applied Materials
Here are the key news stories impacting Applied Materials this week:
- Positive Sentiment: KeyBanc, Cantor Fitzgerald, and Bank of America all turned more bullish on AMAT, with multiple price-target hikes and fresh upside calls ahead of earnings, reinforcing the view that demand for chip-making equipment remains strong. Why Applied Materials Shares Are Surging Monday
- Positive Sentiment: The stock has been one of the biggest winners in the semiconductor space, with June marking its best monthly rally since 1975 as AI infrastructure spending lifted estimates and investor sentiment. Stock Of The Day: Is This The Top For Applied Materials?
- Positive Sentiment: Erste Group raised its FY2026 and FY2027 earnings estimates for Applied Materials, signaling confidence that earnings growth can continue beyond the current year. Applied Materials, Inc. (NASDAQ:AMAT)
- Neutral Sentiment: Several articles note the stock is technically very extended and “overbought,” which suggests momentum is strong but also raises the risk of a near-term pullback after the huge run-up. Stock Of The Day: Is This The Top For Applied Materials?
- Neutral Sentiment: Applied Materials was also added to the Russell Top 50 Index, which can boost visibility and passive fund ownership, though the impact is more about flows than fundamentals. Applied Materials (AMAT) Joins Russell Top 50 After Leaving Value Indexes
Analyst Upgrades and Downgrades
AMAT has been the topic of a number of research reports. Truist Financial set a $575.00 target price on shares of Applied Materials in a report on Thursday, May 28th. JPMorgan Chase & Co. boosted their price target on shares of Applied Materials from $400.00 to $515.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Seaport Research Partners initiated coverage on Applied Materials in a research note on Monday, May 4th. They issued a “buy” rating and a $500.00 price objective on the stock. Citigroup lifted their target price on Applied Materials from $550.00 to $710.00 and gave the company a “buy” rating in a report on Wednesday, June 17th. Finally, Barclays boosted their target price on Applied Materials from $500.00 to $590.00 and gave the stock an “overweight” rating in a research note on Thursday, June 11th. Twenty-seven analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, Applied Materials currently has a consensus rating of “Moderate Buy” and a consensus price target of $553.56.
View Our Latest Analysis on AMAT
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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