Trivest Advisors Ltd reduced its position in shares of Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 37.6% during the 1st quarter, HoldingsChannel.com reports. The fund owned 29,974 shares of the manufacturing equipment provider’s stock after selling 18,026 shares during the quarter. Applied Materials makes up about 0.7% of Trivest Advisors Ltd’s investment portfolio, making the stock its 22nd biggest position. Trivest Advisors Ltd’s holdings in Applied Materials were worth $10,245,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in the business. SEB Asset Management AB bought a new position in shares of Applied Materials in the 1st quarter worth about $175,037,000. Swiss National Bank grew its position in shares of Applied Materials by 6.6% during the 1st quarter. Swiss National Bank now owns 2,327,100 shares of the manufacturing equipment provider’s stock valued at $795,380,000 after buying an additional 144,100 shares during the last quarter. World Equity Group Inc. raised its stake in Applied Materials by 15.9% during the first quarter. World Equity Group Inc. now owns 1,853 shares of the manufacturing equipment provider’s stock worth $633,000 after acquiring an additional 254 shares during the period. Hanseatic Management Services Inc. acquired a new stake in Applied Materials during the first quarter worth about $1,525,000. Finally, AIA Group Ltd acquired a new position in Applied Materials in the first quarter valued at approximately $12,551,000. Institutional investors and hedge funds own 80.56% of the company’s stock.
More Applied Materials News
Here are the key news stories impacting Applied Materials this week:
- Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 earnings estimates for Applied Materials and reiterated a Buy rating, signaling confidence in the company’s growth outlook and AI-driven demand. Article link
- Positive Sentiment: Applied Materials CEO comments reinforcing the AI investment thesis may help support longer-term sentiment around the stock. Article link
- Neutral Sentiment: Zacks noted that AMAT has been drawing increased attention from investors, but the piece was mainly a stock-screening update rather than a new fundamental catalyst. Article link
- Neutral Sentiment: Recent commentary suggested Applied Materials may be trading above fair value after a strong multi-year run, which could limit upside even if earnings remain solid. Article link
- Negative Sentiment: A broad semiconductor selloff is pressuring AMAT along with peers like AMD and Intel, as the market rotates out of chip stocks and into other areas. Article link
Wall Street Analyst Weigh In
View Our Latest Stock Analysis on AMAT
Insider Buying and Selling
In other news, Director Thomas J. Iannotti sold 9,250 shares of the firm’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $599.77, for a total transaction of $5,547,872.50. Following the transaction, the director directly owned 40,559 shares of the company’s stock, valued at approximately $24,326,071.43. This trade represents a 18.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Timothy M. Deane sold 8,621 shares of Applied Materials stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $590.76, for a total transaction of $5,092,941.96. Following the sale, the senior vice president 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 SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 278,088 shares of company stock valued at $169,654,805. Company insiders own 0.30% of the company’s stock.
Applied Materials Stock Performance
AMAT opened at $529.66 on Monday. The company has a current ratio of 2.51, a quick ratio of 1.80 and a debt-to-equity ratio of 0.22. The business’s 50 day moving average is $533.12 and its 200-day moving average is $414.11. The stock has a market cap of $420.53 billion, a PE ratio of 49.73, a price-to-earnings-growth ratio of 1.35 and a beta of 1.57. Applied Materials, Inc. has a twelve month low of $154.46 and a twelve month high of $739.67.
Applied Materials (NASDAQ:AMAT – Get Free Report) last issued 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. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The business had revenue of $7.91 billion during the quarter, compared to analyst estimates of $7.68 billion. During the same period in the prior year, the company posted $2.39 EPS. The business’s revenue for the quarter was up 11.4% compared to the same quarter last year. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. On average, analysts predict that Applied Materials, Inc. will post 12.14 earnings per share for the current year.
Applied Materials Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be paid a $0.53 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.12 annualized dividend and a dividend yield of 0.4%. Applied Materials’s dividend payout ratio is presently 19.91%.
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.
Featured Articles
- Five stocks we like better than Applied Materials
- Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit
- Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet
- Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises
- 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks
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.
