My Personal CFO LLC decreased its position in Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 17.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,841 shares of the manufacturing equipment provider’s stock after selling 1,000 shares during the quarter. My Personal CFO LLC’s holdings in Applied Materials were worth $1,655,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in AMAT. Vanguard Group Inc. lifted its position in shares of Applied Materials by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 76,779,340 shares of the manufacturing equipment provider’s stock worth $19,731,523,000 after purchasing an additional 330,197 shares in the last quarter. Capital Research Global Investors grew its holdings in 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 valued at $8,405,458,000 after purchasing an additional 17,829,377 shares in the last quarter. Ameriprise Financial Inc. increased its stake in 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 during the period. Morgan Stanley increased its stake in Applied Materials by 3.4% during the 4th quarter. Morgan Stanley now owns 11,470,835 shares of the manufacturing equipment provider’s stock worth $2,947,891,000 after buying an additional 373,012 shares during the period. Finally, Norges Bank acquired a new position in Applied Materials in the 4th quarter worth $2,858,543,000. Hedge funds and other institutional investors own 80.56% of the company’s stock.
Key Headlines Impacting Applied Materials
Here are the key news stories impacting Applied Materials this week:
- Positive Sentiment: Applied Materials introduced new systems for DRAM and advanced packaging, expanding its role in AI chip manufacturing and potentially boosting future demand. Applied Materials Introduces New Systems to Accelerate DRAM and Advanced Packaging for AI Chips
- Positive Sentiment: Analysts said AMAT’s event highlighted strong opportunities in DRAM and advanced packaging, reinforcing the company’s AI-driven growth narrative. Applied Materials’ event focuses on DRAM, and advanced packaging: analysts
- Positive Sentiment: Wall Street commentary remains constructive, with analysts still confident in Applied Materials’ strong competitive position. AMAT stock gets thumbs up from Wall Street – analysts remain confident about Applied Materials’ strong market position
- Neutral Sentiment: Some coverage suggests the stock may be looking expensive after its recent rally, which could limit near-term upside even if the long-term AI story stays intact. Applied Materials stock looks pricey—can AI demand justify the rally?
- Neutral Sentiment: One analysis noted that Applied Materials’ aggressive investment strategy may pressure cash flow in the near term, even though it supports longer-term growth. Can AMAT’s Investment Strategy Lift Future Cash Flow Growth?
Applied Materials Stock Performance
Applied Materials (NASDAQ:AMAT – Get Free Report) last posted its quarterly 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 the consensus estimate of $7.68 billion. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The company’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same period last year, the firm 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 12.1 earnings per share for the current fiscal year.
Applied Materials Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be given a $0.53 dividend. The ex-dividend date is Thursday, August 20th. This represents a $2.12 annualized dividend and a dividend yield of 0.3%. Applied Materials’s dividend payout ratio (DPR) is presently 19.91%.
Insiders Place Their Bets
In related news, insider Prabu G. Raja sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $633.53, for a total transaction of $6,335,300.00. Following the sale, the insider directly owned 346,642 shares of the company’s stock, valued at approximately $219,608,106.26. This represents a 2.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Timothy M. Deane sold 8,621 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $590.76, for a total value of $5,092,941.96. Following the sale, the senior vice president directly owned 134,631 shares in the company, valued at approximately $79,534,609.56. This represents a 6.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 199,767 shares of company stock worth $114,104,709. Corporate insiders own 0.30% of the company’s stock.
Analyst Upgrades and Downgrades
AMAT has been the subject of a number of analyst reports. Barclays upped their price objective on shares of Applied Materials from $500.00 to $590.00 and gave the company an “overweight” rating in a research report on Thursday, June 11th. Cantor Fitzgerald lifted their target price on Applied Materials from $575.00 to $650.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 10th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $525.00 price target on shares of Applied Materials in a research note on Friday, May 15th. Wolfe Research increased their price target on Applied Materials from $500.00 to $550.00 and gave the company an “outperform” rating in a report on Friday, May 15th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Applied Materials from $450.00 to $550.00 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 issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $518.19.
View Our Latest Stock Report on AMAT
About Applied Materials
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.
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