Applied Materials, Inc. (NASDAQ:AMAT – Get Free Report) CEO Gary Dickerson sold 20,000 shares of Applied Materials stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $735.22, for a total transaction of $14,704,400.00. Following the sale, the chief executive officer owned 1,599,843 shares of the company’s stock, valued at approximately $1,176,236,570.46. The trade was a 1.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
Applied Materials Stock Performance
AMAT opened at $603.04 on Friday. The stock has a market cap of $478.79 billion, a P/E ratio of 56.62, a P/E/G ratio of 1.68 and a beta of 1.57. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.51 and a quick ratio of 1.80. The stock’s 50 day simple moving average is $499.51 and its 200 day simple moving average is $390.89. Applied Materials, Inc. has a 1-year low of $154.46 and a 1-year high of $739.67.
Applied Materials (NASDAQ:AMAT – Get Free Report) last released its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, beating the consensus estimate of $2.68 by $0.18. The firm had revenue of $7.91 billion during the quarter, compared to the consensus estimate 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 last year, the business posted $2.39 EPS. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. As a group, equities analysts anticipate that Applied Materials, Inc. will post 12.11 EPS for the current fiscal year.
Applied Materials Announces Dividend
Applied Materials News Summary
Here are the key news stories impacting Applied Materials this week:
- Positive Sentiment: Analysts remain broadly bullish on Applied Materials, with Zacks upgrading the stock to strong-buy and other recent research highlighting AMAT as a key beneficiary of the AI semiconductor equipment cycle. Article Title
- Positive Sentiment: Recent coverage says Applied Materials is benefiting from accelerating growth in AI-related chip demand, with record earnings momentum and a new Street-high target reinforcing the bull case. Article Title
- Positive Sentiment: Applied Materials also discussed DRAM and advanced packaging innovations tied to AI-driven semiconductor growth, which supports the view that its product mix remains well positioned for the current cycle. Article Title
- Neutral Sentiment: Some articles question whether AMAT is becoming too expensive after its rally, suggesting valuation concerns could limit upside if growth expectations cool. Article Title
- Neutral Sentiment: Michael Burry reportedly added to short bets against Applied Materials and other chip names, adding a bearish sentiment overlay on the semiconductor sector. Article Title
- Negative Sentiment: Applied Materials CEO Gary Dickerson disclosed two recent stock sales totaling more than 78,000 shares, which can weigh on investor sentiment even though he still owns a large position. Article Title
- Negative Sentiment: Semiconductor stocks, including AMAT, also came under pressure in broader sector selloffs as investors worried that AI-driven chip demand may be cooling and took profits after a strong rally. Article Title
Analysts Set New Price Targets
A number of equities research analysts recently commented on the stock. Mizuho increased their price objective on shares of Applied Materials from $500.00 to $540.00 and gave the company an “outperform” rating in a research note on Wednesday, May 27th. Wall Street Zen upgraded shares of Applied Materials from a “hold” rating to a “buy” rating in a research report on Saturday, May 23rd. Stifel Nicolaus set a $530.00 price target on shares of Applied Materials in a research report on Friday, May 15th. KeyCorp raised their price objective on shares of Applied Materials from $550.00 to $750.00 and gave the stock an “overweight” rating in a research note on Monday. Finally, HSBC began coverage on Applied Materials in a research note on Friday, May 8th. They issued a “buy” rating and a $517.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $553.56.
Get Our Latest Report on Applied Materials
Institutional Investors Weigh In On Applied Materials
Several hedge funds have recently modified their holdings of AMAT. Basecamp Wealth Advisors LLC raised its position in shares of Applied Materials by 0.7% in the first quarter. Basecamp Wealth Advisors LLC now owns 3,288 shares of the manufacturing equipment provider’s stock valued at $1,124,000 after buying an additional 22 shares during the last quarter. Private Wealth Management Group LLC lifted its stake in shares of Applied Materials by 4.9% during the first quarter. Private Wealth Management Group LLC now owns 531 shares of the manufacturing equipment provider’s stock valued at $181,000 after buying an additional 25 shares during the period. One Day In July LLC boosted its position in Applied Materials by 2.4% during the first quarter. One Day In July LLC now owns 1,089 shares of the manufacturing equipment provider’s stock worth $372,000 after acquiring an additional 26 shares during the last quarter. Pinnacle Bancorp Inc. grew its stake in Applied Materials by 1.3% in the 1st quarter. Pinnacle Bancorp Inc. now owns 2,082 shares of the manufacturing equipment provider’s stock worth $712,000 after acquiring an additional 27 shares during the period. Finally, Horst & Graben Wealth Management LLC grew its stake in Applied Materials by 2.1% in the 1st quarter. Horst & Graben Wealth Management LLC now owns 1,304 shares of the manufacturing equipment provider’s stock worth $446,000 after acquiring an additional 27 shares during the period. 80.56% of the stock is owned by institutional investors and hedge funds.
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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