Colonial Trust Advisors Cuts Holdings in Applied Materials, Inc. $AMAT

Posted by Brian Himes on Jun 12th, 2026

Colonial Trust Advisors trimmed its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 2.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 54,573 shares of the manufacturing equipment provider’s stock after selling 1,198 shares during the period. Applied Materials comprises 1.1% of Colonial Trust Advisors’ investment portfolio, making the stock its 27th biggest holding. Colonial Trust Advisors’ holdings in Applied Materials were worth $14,025,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Vanguard Group Inc. raised its stake in shares of Applied Materials by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 76,779,340 shares of the manufacturing equipment provider’s stock worth $19,731,523,000 after buying an additional 330,197 shares in the last quarter. Capital Research Global Investors raised its stake in shares of Applied Materials by 119.8% during the 4th quarter. Capital Research Global Investors now owns 32,707,049 shares of the manufacturing equipment provider’s stock worth $8,405,458,000 after buying an additional 17,829,377 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of Applied Materials by 40.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 12,520,114 shares of the manufacturing equipment provider’s stock worth $2,563,376,000 after buying an additional 3,583,751 shares in the last quarter. Norges Bank purchased a new position in shares of Applied Materials during the 4th quarter worth approximately $2,858,543,000. Finally, Sanders Capital LLC raised its stake in shares of Applied Materials by 42.6% during the 3rd quarter. Sanders Capital LLC now owns 10,978,990 shares of the manufacturing equipment provider’s stock worth $2,247,838,000 after buying an additional 3,280,730 shares in the last quarter. 80.56% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Applied Materials news, Director Judy Bruner sold 1,128 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $450.00, for a total transaction of $507,600.00. Following the sale, the director owned 26,544 shares in the company, valued at approximately $11,944,800. This represents a 4.08% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Adam Sanders sold 268 shares of the stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $434.22, for a total value of $116,370.96. Following the sale, the chief accounting officer owned 4,280 shares in the company, valued at approximately $1,858,461.60. This trade represents a 5.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 53,896 shares of company stock worth $27,135,121 in the last 90 days. Corporate insiders own 0.30% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on AMAT. Erste Group Bank upgraded Applied Materials from a “hold” rating to a “buy” rating in a report on Monday, April 27th. Morgan Stanley restated an “equal weight” rating and issued a $502.00 price target (up from $454.00) on shares of Applied Materials in a report on Friday, May 15th. Stifel Nicolaus set a $530.00 price target on Applied Materials in a report on Friday, May 15th. Citigroup upped their price target on Applied Materials from $420.00 to $520.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Finally, Bank of America upped their price target on Applied Materials from $465.00 to $540.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Twenty-seven research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, Applied Materials currently has an average rating of “Moderate Buy” and an average price target of $483.03.

View Our Latest Analysis on Applied Materials

Applied Materials News Summary

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

Positive Sentiment: Cantor Fitzgerald raised its price target on Applied Materials, adding to the bullish analyst backdrop and helping reinforce the stock’s upside momentum. Top 5 Strong Buy Stocks to Invest In
Positive Sentiment: Barclays reiterated an Overweight rating on Applied Materials, citing continued investment in new chip supply and AI infrastructure demand. Applied Materials and KLA Are Surging. Why You Should Buy the Stocks, Says This Analyst.
Positive Sentiment: Applied Materials is being highlighted as a key beneficiary of high-bandwidth memory and broader AI hardware spending, which supports long-term semiconductor equipment demand. Applied Materials (AMAT) Is One Of the Best High-Bandwidth Memory Stocks To Buy
Positive Sentiment: The company’s new $500 million Singapore manufacturing expansion is being viewed as a strategic move to support AI chip demand and expand capacity for future growth. Applied Materials Expands Singapore Manufacturing to Support AI Chip Demand

Applied Materials Price Performance

Shares of NASDAQ:AMAT opened at $552.64 on Friday. The business’s fifty day moving average price is $422.95 and its two-hundred day moving average price is $351.11. The stock has a market cap of $438.77 billion, a PE ratio of 51.89, a price-to-earnings-growth ratio of 1.39 and a beta of 1.67. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.80 and a current ratio of 2.51. Applied Materials, Inc. has a one year low of $154.46 and a one year high of $557.62.

Applied Materials (NASDAQ:AMAT – Get Free Report) last announced its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, beating analysts’ consensus estimates of $2.68 by $0.18. The firm had revenue of $7.91 billion for the quarter, compared to analysts’ expectations of $7.68 billion. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.Applied Materials’s quarterly revenue was up 11.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.39 EPS. 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 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be issued a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Thursday, August 20th. Applied Materials’s dividend payout ratio is 19.91%.

Applied Materials 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.