3,183 Shares of Applied Materials, Inc. $AMAT Bought by Point Nemo Capital LLC

Posted by George Bondi on Nov 8th, 2026

Point Nemo Capital LLC acquired a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT – Free Report) in the 3rd quarter, HoldingsChannel.com reports. The fund acquired 3,183 shares of the manufacturing equipment provider’s stock, valued at approximately $1,628,000.

Several other hedge funds also recently made changes to their positions in AMAT. BlackRock Inc. lifted its stake in Applied Materials by 1.6% during the second quarter. BlackRock Inc. now owns 80,212,518 shares of the manufacturing equipment provider’s stock valued at $57,993,650,000 after purchasing an additional 1,237,685 shares during the last quarter. State Street Corp boosted its holdings in Applied Materials by 85.4% during the second quarter. State Street Corp now owns 69,525,842 shares of the manufacturing equipment provider’s stock worth $50,267,184,000 after buying an additional 32,018,892 shares in the last quarter. Amundi boosted its holdings in Applied Materials by 19.0% during the second quarter. Amundi now owns 7,808,207 shares of the manufacturing equipment provider’s stock worth $5,645,344,000 after buying an additional 1,246,876 shares in the last quarter. Van ECK Associates Corp boosted its holdings in Applied Materials by 16.2% during the second quarter. Van ECK Associates Corp now owns 7,713,599 shares of the manufacturing equipment provider’s stock worth $5,576,932,000 after buying an additional 1,073,879 shares in the last quarter. Finally, Bank of America Corp DE acquired a new position in Applied Materials in the second quarter worth approximately $5,252,863,000. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Price Performance

Shares of NASDAQ:AMAT opened at $332.71 on Friday. The company’s fifty day moving average is $444.84 and its two-hundred day moving average is $444.66. The company has a market cap of $264.04 billion, a P/E ratio of 28.68, a price-to-earnings-growth ratio of 0.65 and a beta of 1.67. Applied Materials, Inc. has a 12-month low of $203.40 and a 12-month high of $739.67. 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 (NASDAQ:AMAT – Get Free Report) last issued its earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 EPS for the quarter, topping the consensus estimate of $3.40 by $0.10. The business had revenue of $9.12 billion during the quarter, compared to analysts’ expectations of $8.99 billion. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%. Applied Materials’s revenue was up 24.8% compared to the same quarter last year. During the same quarter last year, the firm posted $2.48 earnings per share. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. Equities analysts expect that Applied Materials, Inc. will post 12.79 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

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

Wall Street Analyst Weigh In

Several research firms have issued reports on AMAT. Zacks Research cut Applied Materials from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 15th. HSBC cut their price objective on Applied Materials from $683.00 to $641.00 and set a “buy” rating for the company in a research report on Friday, August 14th. Berenberg Bank raised their price objective on Applied Materials from $575.00 to $675.00 and gave the stock a “buy” rating in a research note on Monday, August 17th. William Blair initiated coverage on Applied Materials in a report on Tuesday, August 11th. They issued a “market perform” rating on the stock. Finally, The Goldman Sachs Group boosted their target price on Applied Materials from $645.00 to $670.00 and gave the stock a “buy” rating in a research report on Friday, August 14th. Thirty research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Applied Materials currently has an average rating of “Moderate Buy” and an average target price of $632.01.

Read Our Latest Analysis on Applied Materials

Key Stories Impacting Applied Materials

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

Insider Buying and Selling

In other Applied Materials news, CFO Brice Hill sold 7,500 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $479.25, for a total transaction of $3,594,375.00. Following the completion of the sale, the chief financial officer directly owned 128,613 shares in the company, valued at approximately $61,637,780.25. This trade represents a 5.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Judy Bruner sold 1,000 shares of Applied Materials stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $465.00, for a total value of $465,000.00. Following the transaction, the director directly owned 25,544 shares in the company, valued at approximately $11,877,960. This trade represents a 3.77% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 9,225 shares of company stock valued at $4,454,181. Corporate insiders own 0.30% of the company’s stock.

Applied Materials Profile

(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.