Mustico Financial Group Inc. acquired a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT – Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 905 shares of the manufacturing equipment provider’s stock, valued at approximately $233,000.
Several other large investors have also bought and sold shares of the stock. Brighton Jones LLC lifted its holdings in Applied Materials by 28.0% during the fourth quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock worth $2,061,000 after acquiring an additional 2,771 shares during the period. Sivia Capital Partners LLC raised its stake in shares of Applied Materials by 26.7% in the second quarter. Sivia Capital Partners LLC now owns 3,225 shares of the manufacturing equipment provider’s stock valued at $590,000 after buying an additional 679 shares during the period. Forefront Wealth Partners LLC bought a new stake in shares of Applied Materials in the second quarter valued at $410,000. Schnieders Capital Management LLC. raised its stake in shares of Applied Materials by 30.1% in the second quarter. Schnieders Capital Management LLC. now owns 15,003 shares of the manufacturing equipment provider’s stock valued at $2,747,000 after buying an additional 3,469 shares during the period. Finally, Sei Investments Co. raised its stake in shares of Applied Materials by 59.3% in the second quarter. Sei Investments Co. now owns 422,694 shares of the manufacturing equipment provider’s stock valued at $77,383,000 after buying an additional 157,426 shares during the period. 80.56% of the stock is currently owned by institutional investors.
Key Applied Materials News
Here are the key news stories impacting Applied Materials this week:
- Positive Sentiment: Applied Materials benefited from a Citi target increase and broader enthusiasm around AI infrastructure spending, with investors viewing the company as well-positioned for sustained demand in semiconductor equipment. Applied Materials surges as Citi lifts target on AI demand boom
- Positive Sentiment: The company unveiled SENZ, a new integrated visual system for next-generation smart glasses, and announced a long-term partnership with EssilorLuxottica, creating a potential growth avenue beyond its core chipmaking tools business. EssilorLuxottica and Applied Materials Join Forces to Advance Augmented Reality Optics Platforms for Next-Generation Smart Glasses
- Positive Sentiment: Several recent articles highlighted strong fundamentals, record results, and optimism that Applied Materials is a key beneficiary of the AI equipment super-cycle, reinforcing the stock’s bullish momentum. Applied Materials: The Cheapest Seat On The AI Equipment Super-Cycle
- Neutral Sentiment: Multiple insiders, including CEO Gary Dickerson, sold shares totaling about $65 million, which can raise questions about near-term valuation even though the sales were relatively small versus their remaining holdings. Why Applied Materials Insiders Sold $65 Million Worth of Stock
- Negative Sentiment: CEO Gary Dickerson sold 71,727 shares at about $593.75 per share, adding to the day’s insider-sale headlines and potentially putting some pressure on sentiment. Gary Dickerson Sells 71,727 Shares of Applied Materials (NASDAQ:AMAT) Stock
Insiders Place Their Bets
Applied Materials Price Performance
Shares of NASDAQ AMAT opened at $592.92 on Thursday. The firm has a market capitalization of $470.75 billion, a P/E ratio of 55.67, a P/E/G ratio of 1.58 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. The stock’s 50-day simple moving average is $441.16 and its two-hundred day simple moving average is $360.55. Applied Materials, Inc. has a twelve month low of $154.46 and a twelve month high of $623.35.
Applied Materials (NASDAQ:AMAT – Get Free Report) last announced its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, topping analysts’ consensus estimates of $2.68 by $0.18. The business had revenue of $7.91 billion for the quarter, compared to analyst estimates of $7.68 billion. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The company’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same period in the prior year, the company earned $2.39 EPS. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. As a group, equities analysts anticipate that Applied Materials, Inc. will post 12.1 EPS for the current fiscal year.
Applied Materials Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be paid a $0.53 dividend. 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 currently 19.91%.
Analyst Ratings Changes
AMAT has been the topic of several research reports. TD Cowen boosted their target price on Applied Materials from $450.00 to $525.00 and gave the company a “buy” rating in a research note on Friday, May 15th. UBS Group boosted their price objective on Applied Materials from $515.00 to $570.00 and gave the company a “buy” rating in a research note on Wednesday, June 10th. Seaport Research Partners started coverage on Applied Materials in a research note on Monday, May 4th. They set a “buy” rating and a $500.00 price objective on the stock. KeyCorp boosted their price objective on Applied Materials from $450.00 to $550.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Finally, Jefferies Financial Group boosted their price objective on Applied Materials from $415.00 to $510.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $489.16.
Check Out Our Latest Stock Report on Applied Materials
Applied Materials Profile
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.
Read More
- Five stocks we like better than Applied Materials
- Cheap Thrills: Why These 3 Entertainment Stocks Are Soaring
- CoreWeave Insider Sales Look Big, But Should Investors Worry?
- Critical Metals: Sizing Up This Tiny Rare-Earth Stock Making Big Moves
- Meta and Cloud Computing: Real Potential, or a Shot in the Dark?
Want to see what other hedge funds are holding AMAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Applied Materials, Inc. (NASDAQ:AMAT – Free Report).
Receive News & Ratings for Applied Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Applied Materials and related companies with MarketBeat.com's FREE daily email newsletter.
