Applied Materials (NASDAQ:AMAT) Shares Down 7.1% – Here’s Why

Posted by Brenda Bartman on Sep 14th, 2026

Shares of Applied Materials, Inc. (NASDAQ:AMAT – Get Free Report) traded down 7.1% on Monday . The stock traded as low as $419.60 and last traded at $424.21. 7,887,686 shares were traded during trading, a decline of 2% from the average daily volume of 8,053,704 shares. The stock had previously closed at $456.49.

Analysts Set New Price Targets

Several research firms have commented on AMAT. Stifel Nicolaus upped their price objective on Applied Materials from $530.00 to $650.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. Zacks Research upgraded shares of Applied Materials from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 1st. KeyCorp raised their price target on shares of Applied Materials from $550.00 to $750.00 and gave the company an “overweight” rating in a research report on Monday, June 29th. Needham & Company LLC reaffirmed a “buy” rating and issued a $740.00 price objective on shares of Applied Materials in a report on Friday, August 14th. Finally, Susquehanna upped their price objective on shares of Applied Materials from $575.00 to $900.00 and gave the stock a “positive” rating in a research report on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $658.45.

View Our Latest Stock Report on Applied Materials

Applied Materials Stock Performance

The firm has a 50 day moving average of $513.89 and a two-hundred day moving average of $464.57. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.42 and a quick ratio of 1.79. The stock has a market cap of $336.65 billion, a PE ratio of 36.57, a PEG ratio of 1.27 and a beta of 1.60.

Applied Materials (NASDAQ:AMAT – Get Free Report) last announced its quarterly earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 EPS for the quarter, beating the consensus estimate of $3.40 by $0.10. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The company had revenue of $9.12 billion for the quarter, compared to analyst estimates of $8.99 billion. During the same period in the prior year, the firm posted $2.48 earnings per share. The firm’s revenue was up 24.8% on a year-over-year basis. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. Research analysts predict that Applied Materials, Inc. will post 12.76 EPS for the current fiscal year.

Applied Materials Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Thursday, November 19th will be given a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, November 19th. Applied Materials’s dividend payout ratio (DPR) is 18.28%.

Insider Transactions at Applied Materials

In related news, SVP Omkaram Nalamasu sold 24,263 shares of the company’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $593.43, for a total value of $14,398,392.09. Following the completion of the sale, the senior vice president directly owned 146,916 shares of the company’s stock, valued at $87,184,361.88. This represents a 14.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Judy Bruner sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $465.00, for a total value of $465,000.00. Following the transaction, the director owned 25,544 shares in the company, valued at $11,877,960. This represents a 3.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 202,061 shares of company stock valued at $128,478,941 over the last quarter. 0.30% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Applied Materials

Large investors have recently modified their holdings of the company. Cornerstone Financial Management LLC acquired a new position in Applied Materials in the fourth quarter valued at $25,000. Harborfront Financial Group LLC purchased a new position in shares of Applied Materials during the second quarter worth about $27,000. Financial Freedom LLC purchased a new position in shares of Applied Materials during the first quarter worth about $28,000. Orion Capital Management LLC acquired a new position in Applied Materials in the 2nd quarter valued at about $33,000. Finally, Highland Investment Advisors LLC purchased a new stake in Applied Materials during the 2nd quarter valued at approximately $33,000. 80.56% of the stock is owned by institutional investors and hedge funds.

Applied Materials Company Profile

(Get Free Report)

Applied Materials, Inc is a global provider of materials engineering solutions used to manufacture semiconductors, displays and other advanced electronic products. The company develops and supplies equipment, services and software that help customers build and improve the performance of chips and display panels.

Its semiconductor products support processes including deposition, etch, patterning, inspection, metrology and materials modification. Applied Materials also provides equipment and services for display manufacturing, including technologies used in producing liquid-crystal and organic light-emitting diode displays, as well as solutions for adjacent markets such as solar and other specialty applications.

Founded in 1967 and headquartered in Santa Clara, California, Applied Materials serves semiconductor and display manufacturers worldwide through operations, customer-support centers and research and development activities across major technology-producing regions.