WNY Asset Management LLC Acquires New Shares in Applied Materials, Inc. $AMAT

Posted by Stanley Muller on Aug 2nd, 2026

WNY Asset Management LLC acquired a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT – Free Report) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 1,140 shares of the manufacturing equipment provider’s stock, valued at approximately $390,000.

A number of other large investors also recently added to or reduced their stakes in AMAT. Cornerstone Financial Management LLC purchased a new position in shares of Applied Materials in the fourth quarter worth about $25,000. Wilkerson Advisory Group LLC purchased a new stake in Applied Materials in the 4th quarter worth approximately $26,000. Financial Freedom LLC purchased a new stake in Applied Materials in the 1st quarter worth approximately $28,000. Joseph Group Capital Management bought a new stake in shares of Applied Materials in the 4th quarter worth approximately $31,000. Finally, Dogwood Wealth Management LLC increased its stake in shares of Applied Materials by 52.4% during the fourth 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. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Key Headlines Impacting Applied Materials

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

Positive Sentiment: Semiconductor stocks rallied this week on strong technology earnings, while three semiconductor ETFs ranked among the largest recipients of new investor cash. The sector-wide buying provides a favorable backdrop for Applied Materials. Semiconductor ETFs Draw Cash This Week as Chip Stocks Rally
Positive Sentiment: A bullish analysis maintains a “Strong Buy” view after AMAT’s substantial multiyear advance, citing the company’s exposure to AI-driven semiconductor equipment demand and continued operating momentum. Applied Materials: Why I’m Maintaining A Strong Buy After A 45% Run
Positive Sentiment: Zacks highlighted Applied Materials’ AI-driven momentum, record results, expanding margins and improving customer visibility. These factors reinforce expectations for durable growth. AMAT recently exceeded quarterly earnings and revenue estimates, with revenue increasing year over year and upbeat quarterly earnings guidance. The Zacks Analyst Blog Highlights Applied Materials
Neutral Sentiment: Coverage of Lam Research’s surge indicates that AI equipment demand was already visible in industry results. This supports the semiconductor-equipment cycle generally, although it does not provide a company-specific update for AMAT. Lam Research Stock’s Surge Was Building In Plain Sight
Negative Sentiment: Despite long-term support from initiatives such as the AI Materials Foundry, one valuation analysis argues that AMAT may not be a bargain after a 218.9% five-year gain. The elevated valuation and high expectations could limit additional upside or increase sensitivity to any slowdown in AI-related spending. Applied Materials Stock May Not Be A Bargain Despite AI Materials Foundry News

Insider Activity

In related news, CEO Gary E. Dickerson sold 71,727 shares of the stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $593.75, for a total transaction of $42,587,906.25. Following the sale, the chief executive officer directly owned 1,695,164 shares of the company’s stock, valued at approximately $1,006,503,625. This represents a 4.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Timothy M. Deane sold 8,621 shares of the stock in a transaction dated 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 sale, the senior vice president directly owned 134,631 shares in the company, 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. Over the last three months, insiders sold 278,088 shares of company stock valued at $169,654,805. 0.30% of the stock is currently owned by insiders.

Applied Materials Stock Performance

Applied Materials stock opened at $507.67 on Friday. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $403.07 billion, a P/E ratio of 47.67, a PEG ratio of 1.29 and a beta of 1.57. The stock’s 50 day moving average is $550.86 and its 200 day moving average is $429.98. Applied Materials, Inc. has a twelve month low of $154.46 and a twelve month high of $739.67.

Applied Materials (NASDAQ:AMAT – Get Free Report) last posted its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, beating analysts’ consensus estimates of $2.68 by $0.18. The company had revenue of $7.91 billion during 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%.The firm’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same quarter last year, the company earned $2.39 EPS. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. On average, equities research analysts predict that Applied Materials, Inc. will post 12.14 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. Stockholders of record on Thursday, August 20th will be issued a dividend of $0.53 per share. The ex-dividend date is Thursday, August 20th. This represents a $2.12 annualized dividend and a dividend yield of 0.4%. Applied Materials’s dividend payout ratio (DPR) is presently 19.91%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on AMAT. Susquehanna lifted their price target on shares of Applied Materials from $575.00 to $900.00 and gave the company a “positive” rating in a report on Tuesday, June 30th. Barclays raised their target price on shares of Applied Materials from $500.00 to $590.00 and gave the stock an “overweight” rating in a research report on Thursday, June 11th. TD Cowen boosted their price target on shares of Applied Materials from $525.00 to $700.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. Seaport Research Partners initiated coverage on shares of Applied Materials in a report on Monday, May 4th. They issued a “buy” rating and a $500.00 price objective for the company. Finally, Morgan Stanley upped their target price on Applied Materials from $502.00 to $647.00 and gave the stock an “equal weight” rating in a report on Monday, July 6th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, Applied Materials currently has a consensus rating of “Moderate Buy” and an average target price of $599.19.

Read Our Latest Research Report on AMAT

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.