Old Mission Investment Co LLC purchased a new stake in Applied Materials, Inc. (NASDAQ:AMAT – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,903 shares of the manufacturing equipment provider’s stock, valued at approximately $1,376,000.
Other hedge funds also recently made changes to their positions in the company. Cornerstone Financial Management LLC bought a new stake in Applied Materials in the fourth quarter valued at approximately $25,000. Wilkerson Advisory Group LLC bought a new position in Applied Materials during the 4th quarter worth approximately $26,000. Harborfront Financial Group LLC bought a new position in Applied Materials during the 2nd quarter worth approximately $27,000. Financial Freedom LLC acquired a new position in shares of Applied Materials in the 1st quarter worth approximately $28,000. Finally, Dogwood Wealth Management LLC lifted its position in shares of Applied Materials by 52.4% in the 4th quarter. Dogwood Wealth Management LLC now owns 128 shares of the manufacturing equipment provider’s stock worth $33,000 after purchasing an additional 44 shares during the period. 80.56% of the stock is currently owned by institutional investors.
Applied Materials Trading Up 4.3%
NASDAQ:AMAT opened at $454.71 on Friday. The company has a current ratio of 2.42, a quick ratio of 1.79 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $360.86 billion, a price-to-earnings ratio of 39.20, a PEG ratio of 1.22 and a beta of 1.60. The firm has a fifty day simple moving average of $533.24 and a two-hundred day simple moving average of $460.59. Applied Materials, Inc. has a 12 month low of $158.82 and a 12 month high of $739.67.
Applied Materials Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be paid a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, August 20th. Applied Materials’s dividend payout ratio is 18.28%.
Applied Materials News Summary
Here are the key news stories impacting Applied Materials this week:
- Positive Sentiment: AI-driven equipment demand remains the main catalyst. Growth in advanced packaging, DRAM and high-bandwidth memory (HBM), along with accelerating global fab investment, is strengthening the outlook for Applied Materials’ equipment orders. AMAT Rides on AI-Led WFE Demand: Can it Sustain the Momentum?
- Positive Sentiment: Raised forecasts have driven a major valuation re-rating. Although trailing-twelve-month revenue growth was only 7.8%, management reportedly increased its forecast twice between February and August as semiconductor demand expectations improved. That forward-growth story helps explain the stock’s roughly 180% one-year return. Why Did Applied Materials Stock Nearly Triple On Single-Digit Trailing Revenue Growth?
- Positive Sentiment: Analyst expectations are improving. UBS projected strong potential appreciation for AMAT, while another analyst raised the fiscal 2027 EPS estimate, signaling continued confidence in earnings growth and semiconductor capital spending. UBS Group Forecasts Strong Price Appreciation for Applied Materials FY2027 EPS Estimate for Applied Materials Boosted by Analyst
- Neutral Sentiment: Valuation remains a key debate. Despite a recent pullback, AMAT has gained about 237% over five years, leaving investors questioning how much AI and semiconductor-cycle optimism is already reflected in the shares. Can Applied Materials Still Look Cheap After a 237% Run?
- Negative Sentiment: Industry-cycle risks have not disappeared. Optimism about a permanently stronger semiconductor cycle is tempered by potential memory-capacity imbalances, which could pressure chipmakers’ capital spending if supply expands faster than demand. SEMIs CEO Has Watched Four Decades of Chip Cycles
Wall Street Analyst Weigh In
Several research firms have recently weighed in on AMAT. TD Cowen reiterated a “buy” rating and set a $700.00 price objective on shares of Applied Materials in a research report on Friday, August 14th. Zacks Research upgraded shares of Applied Materials from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 1st. Morgan Stanley cut their price target on shares of Applied Materials from $646.00 to $642.00 and set an “equal weight” rating on the stock in a research report on Friday, August 14th. Wall Street Zen upgraded Applied Materials from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $605.00 price objective on shares of Applied Materials in a research report on Friday, August 14th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $658.45.
View Our Latest Analysis on Applied Materials
Insider Buying and Selling at Applied Materials
In other Applied Materials news, insider Prabu G. Raja sold 10,000 shares of the stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $633.53, for a total value of $6,335,300.00. Following the transaction, the insider owned 346,642 shares in the company, valued at approximately $219,608,106.26. This represents a 2.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Gary E. Dickerson sold 71,727 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $593.75, for a total value of $42,587,906.25. Following the completion of the sale, the chief executive officer directly owned 1,695,164 shares of the company’s stock, valued at $1,006,503,625. This trade represents a 4.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 231,692 shares of company stock worth $146,114,059 in the last quarter. Company insiders own 0.30% of the company’s stock.
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.
Read More
- Five stocks we like better than Applied Materials
- Revolution Medicines Got Its Breakthrough—What Moves It Next?
- Retail Earnings Just Exposed a Bigger Divide in the U.S. Consumer Economy
- FB Financial’s Southern Expansion and Buybacks Drive Analyst Optimism
- AST SpaceMobile Stock Soared 12%—This Was the Catalyst
Receive News & Ratings for Applied Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Applied Materials and related companies with MarketBeat.com's FREE daily email newsletter.
