Applied Materials, Inc. $AMAT Shares Bought by CenterBook Partners LP

Posted by Stanley Muller on Nov 7th, 2026

CenterBook Partners LP grew its position in Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 324.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 36,079 shares of the manufacturing equipment provider’s stock after acquiring an additional 27,569 shares during the period. Applied Materials accounts for 0.8% of CenterBook Partners LP’s portfolio, making the stock its 17th largest holding. CenterBook Partners LP’s holdings in Applied Materials were worth $18,450,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Ausdal Financial Partners Inc. acquired a new stake in shares of Applied Materials in the second quarter valued at $4,005,000. Caldwell Investment Management Ltd. acquired a new position in Applied Materials during the 2nd quarter worth about $1,589,000. CX Institutional lifted its position in Applied Materials by 333.3% during the 3rd quarter. CX Institutional now owns 25,853 shares of the manufacturing equipment provider’s stock worth $12,631,000 after buying an additional 19,886 shares in the last quarter. Principal Financial Group Inc. lifted its position in Applied Materials by 3.0% during the 2nd quarter. Principal Financial Group Inc. now owns 1,008,591 shares of the manufacturing equipment provider’s stock worth $729,211,000 after buying an additional 28,982 shares in the last quarter. Finally, Handelsbanken Fonder AB grew its holdings in Applied Materials by 29.6% during the 2nd quarter. Handelsbanken Fonder AB now owns 462,685 shares of the manufacturing equipment provider’s stock worth $334,521,000 after acquiring an additional 105,776 shares during the last quarter. 80.56% of the stock is owned by institutional investors and hedge funds.

Key Applied Materials News

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

Positive Sentiment: A rally in chip-equipment shares is lifting AMAT ahead of its fiscal fourth-quarter results, scheduled for November 12. The sector move followed Lam Research’s announcement of a $25 billion share buyback. Article: Applied Materials Stocks Rise as Chip Equipment Rallies Ahead of Earnings
Positive Sentiment: AI-related equipment demand and growth in advanced packaging are cited as longer-term supports for Applied Materials, despite the recent pullback in chip stocks. Article: AMAT Shares Plunge 30% in a Month: Should You Buy, Sell or Hold?
Neutral Sentiment: The upcoming results are a key near-term catalyst: investors will assess whether demand and equipment-spending expectations hold up in a more cautious investment environment. Article: Applied Materials Stocks Fall Before a Revenue Test
Negative Sentiment: The rebound follows a sharp chip-stock sell-off, with investors worried that data-center spending could slow; weak Qualcomm guidance added to sector concerns. AMAT also recently faced pressure after an analyst downgrade. Article: Chip Stock Rout Deepens Article: Applied Materials Stock Falls After Analyst Downgrade

Applied Materials Trading Up 4.2%

Shares of Applied Materials stock traded up $13.46 during trading on Friday, reaching $332.71. 9,456,460 shares of the company were exchanged, compared to its average volume of 7,369,214. The business has a 50-day moving average price of $444.84 and a 200-day moving average price of $444.66. The firm has a market capitalization of $264.04 billion, a price-to-earnings ratio of 28.68, a P/E/G ratio of 0.73 and a beta of 1.67. The company has a quick ratio of 1.79, a current ratio of 2.42 and a debt-to-equity ratio of 0.20. Applied Materials, Inc. has a twelve month low of $203.40 and a twelve month high of $739.67.

Applied Materials (NASDAQ:AMAT – Get Free Report) last released its earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share for the quarter, beating the consensus estimate of $3.40 by $0.10. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%. The firm had revenue of $9.12 billion for the quarter, compared to analyst estimates of $8.99 billion. During the same quarter in the prior year, the firm posted $2.48 earnings per share. The company’s quarterly 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. Sell-side analysts anticipate that Applied Materials, Inc. will post 12.79 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Thursday, November 19th will be paid a $0.53 dividend. The ex-dividend date of this dividend is Thursday, November 19th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.6%. Applied Materials’s dividend payout ratio is 18.28%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Evercore set a $590.00 price objective on shares of Applied Materials in a research report on Thursday, October 15th. Stifel Nicolaus upped their target price on shares of Applied Materials from $530.00 to $650.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. Argus set a $600.00 target price on shares of Applied Materials and gave the stock a “buy” rating in a research report on Tuesday, August 18th. Sanford C. Bernstein increased their price target on shares of Applied Materials from $675.00 to $700.00 and gave the company an “outperform” rating in a research note on Friday, August 14th. Finally, Berenberg Bank raised their price target on shares of Applied Materials from $575.00 to $675.00 and gave the company a “buy” rating in a report on Monday, August 17th. Thirty analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, Applied Materials currently has an average rating of “Moderate Buy” and an average price target of $632.01.

View Our Latest Stock Report on AMAT

Insider Activity

In related news, CFO Brice Hill sold 7,500 shares of Applied Materials stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $479.25, for a total transaction of $3,594,375.00. Following the transaction, the chief financial officer owned 128,613 shares of the company’s stock, valued at $61,637,780.25. This trade represents a 5.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Judy Bruner sold 1,000 shares of Applied Materials stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $465.00, for a total transaction of $465,000.00. Following the transaction, the director directly owned 25,544 shares in the company, valued at $11,877,960. The trade was a 3.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 9,225 shares of company stock valued at $4,454,181 in the last ninety days. 0.30% of the stock is owned by insiders.

About Applied Materials

(Free Report)

Applied Materials, Inc develops and supplies equipment, software and services used to manufacture semiconductors and advanced displays. Its technologies help customers build and process materials at the microscopic scale required for chips and other electronic products.

The company’s offerings include systems for depositing, removing and modifying materials, as well as inspection, measurement and process-control tools. It also provides equipment and services for advanced semiconductor packaging and supports customers with maintenance, upgrades and manufacturing software.

Founded in 1967 and headquartered in Santa Clara, California, Applied Materials serves semiconductor and display manufacturers around the world.