Oslo Pensjonsforsikring AS Invests $1.13 Million in Applied Materials, Inc. $AMAT

Posted by Brenda Bartman on Jul 22nd, 2026

Oslo Pensjonsforsikring AS purchased a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT – Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,308 shares of the manufacturing equipment provider’s stock, valued at approximately $1,131,000.

A number of other hedge funds and other institutional investors have also modified their holdings of AMAT. Evolve Private Wealth LLC grew its holdings in Applied Materials by 59.0% during the first quarter. Evolve Private Wealth LLC now owns 2,875 shares of the manufacturing equipment provider’s stock worth $983,000 after acquiring an additional 1,067 shares during the period. Worth Asset Management LLC acquired a new stake in shares of Applied Materials during the 4th quarter valued at $1,531,000. World Investment Advisors boosted its stake in shares of Applied Materials by 4.5% during the 4th quarter. World Investment Advisors now owns 82,296 shares of the manufacturing equipment provider’s stock worth $21,149,000 after acquiring an additional 3,508 shares in the last quarter. WealthPlan Investment Management LLC acquired a new position in shares of Applied Materials in the 4th quarter worth $1,082,000. Finally, Baker Chad R grew its holdings in shares of Applied Materials by 76.6% in the 4th quarter. Baker Chad R now owns 16,530 shares of the manufacturing equipment provider’s stock worth $4,297,000 after acquiring an additional 7,170 shares during the last quarter. 80.56% of the stock is currently owned by institutional investors.

Applied Materials Trading Up 7.4%

NASDAQ AMAT opened at $564.55 on Wednesday. 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, Inc. has a 1-year low of $154.46 and a 1-year high of $739.67. The firm’s fifty day simple moving average is $537.43 and its 200-day simple moving average is $418.14. The company has a market capitalization of $448.23 billion, a PE ratio of 53.01, a price-to-earnings-growth ratio of 1.34 and a beta of 1.57.

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 (EPS) for the quarter, beating analysts’ consensus estimates of $2.68 by $0.18. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The firm had revenue of $7.91 billion during the quarter, compared to analysts’ expectations of $7.68 billion. During the same quarter last year, the firm earned $2.39 earnings per share. The business’s revenue for the quarter was up 11.4% on a year-over-year basis. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. As a group, sell-side analysts anticipate that Applied Materials, Inc. will post 12.14 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be issued a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Thursday, August 20th. Applied Materials’s payout ratio is currently 19.91%.

Insider Buying and Selling at Applied Materials

In other Applied Materials news, insider Prabu G. Raja sold 10,000 shares of Applied Materials stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $633.53, for a total value of $6,335,300.00. Following the completion of the sale, the insider directly owned 346,642 shares in the company, valued at $219,608,106.26. The trade was a 2.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Timothy M. Deane sold 8,621 shares of Applied Materials stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $590.76, for a total transaction of $5,092,941.96. Following the completion of the sale, the senior vice president owned 134,631 shares of the company’s stock, valued at $79,534,609.56. This trade represents a 6.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 278,088 shares of company stock worth $169,654,805 over the last quarter. 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: Peer Taiwan Semiconductor Manufacturing announced plans to raise chipmaking prices by up to 10% in 2027, while wafer supplier IQE lifted guidance, reinforcing expectations for strong AI and data-center chip demand and more equipment spending across the semiconductor supply chain. Why Applied Materials (AMAT) Stock Is Up Today
Positive Sentiment: Applied Materials’ installed base services business appears to be a growing recurring-revenue engine, with Applied Global Services revenue rising to $1.665 billion from $1.42 billion a year earlier as fab utilization improves. Is AMAT’s Installed Base Business Built for Long-Term Growth?
Positive Sentiment: Industry commentary continues to point to AI-driven semiconductor growth as a tailwind for AMAT, with analysts highlighting the company as a beneficiary of sustained demand for advanced chips and manufacturing equipment. 3 Stocks to Buy From the Prospering Semiconductor Industry
Neutral Sentiment: Applied Materials also joined CuspAI’s AI Materials Foundry as a founding member, a strategic move that could support long-term materials discovery efforts, though it is not an immediate earnings catalyst. Applied Materials (AMAT) Joins CuspAI Foundry To Speed Semiconductor Materials Discovery
Negative Sentiment: Some market commentary flagged seasonal weakness for AMAT heading into late July, which could temper momentum if investors focus on near-term trading patterns. Three Stocks Just Flashed Seasonal Signals

Wall Street Analyst Weigh In

AMAT has been the subject of several analyst reports. Mizuho upped their target price on Applied Materials from $540.00 to $650.00 and gave the company an “outperform” rating in a report on Wednesday, July 8th. Argus lifted their price target on Applied Materials from $420.00 to $500.00 and gave the stock a “buy” rating in a research note on Tuesday, May 19th. Citigroup boosted their price objective on Applied Materials from $550.00 to $710.00 and gave the stock a “buy” rating in a report on Wednesday, June 17th. Royal Bank Of Canada raised their target price on shares of Applied Materials from $500.00 to $520.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. Finally, Wall Street Zen raised shares of Applied Materials from a “hold” rating to a “buy” rating in a research report on Saturday, May 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $593.84.

Check Out Our Latest Stock Analysis on AMAT

Applied Materials Company Profile

(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.