Hillsdale Investment Management Inc. Has $971,000 Stake in Applied Materials, Inc. $AMAT

Posted by Geri Gentry on Jun 3rd, 2026

Hillsdale Investment Management Inc. trimmed its position in shares of Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 31.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,780 shares of the manufacturing equipment provider’s stock after selling 1,700 shares during the period. Hillsdale Investment Management Inc.’s holdings in Applied Materials were worth $971,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Godsey & Gibb Inc. increased its holdings in Applied Materials by 2.6% during the fourth quarter. Godsey & Gibb Inc. now owns 1,298 shares of the manufacturing equipment provider’s stock worth $334,000 after buying an additional 33 shares during the last quarter. Family Capital Management Inc. increased its holdings in shares of Applied Materials by 0.8% in the fourth quarter. Family Capital Management Inc. now owns 4,227 shares of the manufacturing equipment provider’s stock valued at $1,086,000 after purchasing an additional 33 shares during the last quarter. Denali Advisors LLC increased its holdings in shares of Applied Materials by 0.7% in the fourth quarter. Denali Advisors LLC now owns 4,582 shares of the manufacturing equipment provider’s stock valued at $1,178,000 after purchasing an additional 34 shares during the last quarter. Traveka Wealth LLC increased its holdings in shares of Applied Materials by 2.6% in the fourth quarter. Traveka Wealth LLC now owns 1,404 shares of the manufacturing equipment provider’s stock valued at $361,000 after purchasing an additional 36 shares during the last quarter. Finally, Highline Wealth Partners LLC increased its holdings in shares of Applied Materials by 48.7% in the fourth quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock valued at $30,000 after purchasing an additional 38 shares during the last quarter. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Applied Materials

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

Positive Sentiment: Jim Cramer said he’s betting that Applied Materials “will just keep winning,” reinforcing the bullish case for the stock and adding to positive investor momentum. Jim Cramer Says He’s Betting “Applied Materials Will Just Keep Winning”
Positive Sentiment: Recent analyst coverage remained constructive, with Mizuho reportedly raising its price target on Applied Materials to $540 from $500 while reiterating an Outperform rating, signaling continued confidence in the company’s long-term fundamentals. Applied Materials (AMAT) – Among the 10 Best Long-Term Dividend Stocks to Invest In According to Billionaires
Positive Sentiment: Articles focused on Applied Materials as a trending stock and a favored “real value” AI/semiconductor name, suggesting rising investor attention and support for the share price. Applied Materials, Inc. (AMAT) Is a Trending Stock: Facts to Know Before Betting on It
Neutral Sentiment: Brokerage-focused commentary emphasized that Wall Street’s bullish views matter for the stock, but did not add a new catalyst beyond reinforcing existing optimism. Is It Worth Investing in Applied Materials (AMAT) Based on Wall Street’s Bullish Views?
Neutral Sentiment: Broadcom’s announcement of new AI and edge-network platforms mentioned Applied Materials as one of several partners, which is supportive context for the semiconductor ecosystem but not a direct AMAT-specific catalyst. Why Broadcom (AVGO) Is Up 11.1% After New AI Data Center And Edge Network Platforms
Negative Sentiment: No major negative company-specific developments were highlighted in the provided articles, so there is little evidence of a fundamental headwind driving AMAT lower today.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. JPMorgan Chase & Co. upped their price objective on shares of Applied Materials from $400.00 to $515.00 and gave the company an “overweight” rating in a report on Friday, May 15th. Susquehanna upped their price objective on shares of Applied Materials from $435.00 to $500.00 and gave the company a “positive” rating in a report on Thursday, April 9th. The Goldman Sachs Group upped their price objective on shares of Applied Materials from $390.00 to $520.00 and gave the company a “buy” rating in a report on Friday, May 15th. Truist Financial set a $575.00 price objective on shares of Applied Materials in a report on Thursday. Finally, Wolfe Research upped their price objective on shares of Applied Materials from $500.00 to $550.00 and gave the company an “outperform” rating in a report on Friday, May 15th. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $470.13.

View Our Latest Analysis on Applied Materials

Insider Transactions at Applied Materials

In other news, CAO Adam Sanders sold 268 shares of the stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $434.22, for a total value of $116,370.96. Following the completion of the transaction, the chief accounting officer owned 4,280 shares of the company’s stock, valued at approximately $1,858,461.60. This represents a 5.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Judy Bruner sold 1,128 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $450.00, for a total transaction of $507,600.00. Following the completion of the transaction, the director directly owned 26,544 shares of the company’s stock, valued at $11,944,800. This trade represents a 4.08% decrease in their position. The SEC filing for this sale provides additional information. 0.30% of the stock is currently owned by corporate insiders.

Applied Materials Trading Up 1.8%

Shares of Applied Materials stock opened at $458.17 on Tuesday. The company has a market capitalization of $363.77 billion, a price-to-earnings ratio of 43.02, a PEG ratio of 1.26 and a beta of 1.67. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22. Applied Materials, Inc. has a 12-month low of $154.46 and a 12-month high of $463.88. The firm’s 50-day moving average price is $399.26 and its two-hundred day moving average price is $335.80.

Applied Materials (NASDAQ:AMAT – Get Free Report) last announced its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.68 by $0.18. The firm had revenue of $7.91 billion for the quarter, compared to the consensus estimate of $7.68 billion. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The business’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same period in the prior year, the company posted $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. On average, analysts forecast that Applied Materials, Inc. will post 12.02 earnings per share for the current fiscal year.

Applied Materials Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Thursday, May 21st will be issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.5%. This is an increase from Applied Materials’s previous quarterly dividend of $0.46. The ex-dividend date of this dividend is Thursday, May 21st. Applied Materials’s dividend payout ratio (DPR) is currently 19.91%.

Applied Materials Company Profile

(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.