Havemeyer Place LP Buys New Stake in Applied Materials, Inc. $AMAT

Posted by Stanley Muller on Jun 7th, 2026

Havemeyer Place LP bought a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT – Free Report) in the fourth quarter, Holdings Channel reports. The fund bought 16,984 shares of the manufacturing equipment provider’s stock, valued at approximately $4,365,000. Applied Materials accounts for 0.9% of Havemeyer Place LP’s holdings, making the stock its 5th largest position.

A number of other large investors have also modified their holdings of the company. 111 Capital acquired a new position in shares of Applied Materials in the fourth quarter worth about $1,928,000. Vestcor Inc raised its position in shares of Applied Materials by 52.3% in the fourth quarter. Vestcor Inc now owns 31,592 shares of the manufacturing equipment provider’s stock worth $8,119,000 after acquiring an additional 10,849 shares during the period. MCF Advisors LLC raised its position in shares of Applied Materials by 401.9% in the fourth quarter. MCF Advisors LLC now owns 266 shares of the manufacturing equipment provider’s stock worth $68,000 after acquiring an additional 213 shares during the period. First Command Advisory Services Inc. raised its position in shares of Applied Materials by 3.5% in the fourth quarter. First Command Advisory Services Inc. now owns 1,226 shares of the manufacturing equipment provider’s stock worth $315,000 after acquiring an additional 41 shares during the period. Finally, OneAscent Financial Services LLC raised its position in shares of Applied Materials by 3.3% in the fourth quarter. OneAscent Financial Services LLC now owns 1,300 shares of the manufacturing equipment provider’s stock worth $334,000 after acquiring an additional 42 shares during the period. Institutional investors and hedge funds own 80.56% of the company’s stock.

Insider Buying and Selling at Applied Materials

In related news, CFO Brice Hill sold 2,500 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $498.86, for a total transaction of $1,247,150.00. Following the completion of the sale, the chief financial officer owned 136,113 shares of the company’s stock, valued at approximately $67,901,331.18. This represents a 1.80% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Prabu G. Raja sold 50,000 shares of the company’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $505.28, for a total transaction of $25,264,000.00. Following the sale, the insider directly owned 356,642 shares of the company’s stock, valued at approximately $180,204,069.76. This represents a 12.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 53,896 shares of company stock worth $27,135,121 in the last 90 days. 0.30% of the stock is currently owned by insiders.

Analysts Set New Price Targets

AMAT has been the subject of a number of analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Applied Materials in a research report on Friday, March 27th. Erste Group Bank upgraded shares of Applied Materials from a “hold” rating to a “buy” rating in a research report on Monday, April 27th. HSBC initiated coverage on shares of Applied Materials in a research report on Friday, May 8th. They issued a “buy” rating and a $517.00 price objective for the company. Stifel Nicolaus set a $530.00 price objective on shares of Applied Materials in a research report on Friday, May 15th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Applied Materials from $450.00 to $550.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Twenty-seven research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $470.13.

Read Our Latest Report on AMAT

Applied Materials Stock Down 9.7%

AMAT stock opened at $453.01 on Friday. The stock has a market capitalization of $359.67 billion, a P/E ratio of 42.54, a P/E/G ratio of 1.27 and a beta of 1.67. The firm has a 50-day simple moving average of $408.94 and a 200-day simple moving average of $342.31. 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 52 week low of $154.46 and a 52 week high of $510.75.

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

Applied Materials Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Thursday, May 21st will be paid a dividend of $0.53 per share. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $2.12 annualized dividend and a yield of 0.5%. This is a boost from Applied Materials’s previous quarterly dividend of $0.46. Applied Materials’s dividend payout ratio is currently 19.91%.

Trending Headlines about Applied Materials

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

Positive Sentiment: Applied Materials continues to benefit from AI-related demand and a deeper push into advanced chip packaging, including its completed acquisition of ASMPT NEXX and expanded collaboration with SCREEN Semiconductor, which could support future growth in semiconductor equipment. Applied Materials Deepens AI Chip Packaging Push As Valuation Stretches
Positive Sentiment: The company’s recent earnings results beat estimates, with stronger revenue and EPS, and management’s guidance plus recent analyst price-target increases continue to reinforce the bullish longer-term view. MarketBeat Applied Materials Analysis
Neutral Sentiment: TipRanks noted insider trading activity in AMAT as part of a broader weekend update, adding to investor attention but not necessarily changing the fundamental outlook. Rigetti, McDonald’s, Applied Materials, GM, Rocket Lab Insiders Stir Buzz
Negative Sentiment: Recent insider sales by CFO Brice Hill and executive Prabu G. Raja may have pressured shares, as investors often view heavy insider selling cautiously even when the company’s outlook remains solid. Applied Materials CFO Sells Stock
Negative Sentiment: Semiconductor stocks broadly sold off after the strong jobs report and broader chip-sector weakness tied to the AVGO earnings overhang, which appears to be dragging AMAT lower with the group. Applied Materials, Lam Research, and Nova Stocks Trade Down, What You Need To Know

About Applied Materials

(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.