Tiger Global Management LLC Has $566.31 Million Stock Holdings in Applied Materials, Inc. $AMAT

Posted by Geri Gentry on Jul 26th, 2026

Tiger Global Management LLC boosted its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 85.1% during the 1st quarter, Holdings Channel reports. The institutional investor owned 1,656,900 shares of the manufacturing equipment provider’s stock after buying an additional 761,700 shares during the period. Applied Materials makes up approximately 2.5% of Tiger Global Management LLC’s investment portfolio, making the stock its 13th largest position. Tiger Global Management LLC’s holdings in Applied Materials were worth $566,312,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Financial Freedom LLC purchased a new stake in shares of Applied Materials in the first quarter worth approximately $28,000. Cornerstone Financial Management LLC acquired a new stake in shares of Applied Materials during the fourth quarter worth approximately $25,000. Whipplewood Advisors LLC grew its position in Applied Materials by 218.8% during the first quarter. Whipplewood Advisors LLC now owns 102 shares of the manufacturing equipment provider’s stock valued at $35,000 after purchasing an additional 70 shares in the last quarter. Wilkerson Advisory Group LLC purchased a new position in Applied Materials during the fourth quarter valued at approximately $26,000. Finally, MBM Wealth Consultants LLC acquired a new position in Applied Materials in the 1st quarter valued at approximately $38,000. 80.56% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on AMAT shares. Raymond James Financial set a $650.00 target price on shares of Applied Materials in a research report on Wednesday, June 10th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Applied Materials from $450.00 to $550.00 and gave the company a “buy” rating in a report on Friday, May 15th. JPMorgan Chase & Co. upped their price target on shares of Applied Materials from $400.00 to $515.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Citigroup increased their price objective on Applied Materials from $550.00 to $710.00 and gave the stock a “buy” rating in a report on Wednesday, June 17th. Finally, The Goldman Sachs Group lifted their price objective on Applied Materials from $390.00 to $520.00 and gave the company a “buy” rating in a research report on Friday, May 15th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Applied Materials currently has a consensus rating of “Moderate Buy” and a consensus price target of $593.84.

Check Out Our Latest Research Report on Applied Materials

Applied Materials Price Performance

Shares of AMAT opened at $536.25 on Friday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.80 and a current ratio of 2.51. The firm has a market cap of $425.76 billion, a PE ratio of 50.35, a PEG ratio of 1.36 and a beta of 1.57. The firm’s 50 day moving average price is $544.21 and its 200 day moving average price is $423.10. 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 posted its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, topping the consensus estimate of $2.68 by $0.18. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The company had revenue of $7.91 billion during the quarter, compared to the consensus estimate of $7.68 billion. During the same period in the previous year, the firm posted $2.39 earnings per share. The company’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. As a group, research analysts expect that Applied Materials, Inc. will post 12.14 EPS for the current fiscal year.

Applied Materials Announces Dividend

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

Key Stories Impacting Applied Materials

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

Positive Sentiment: Applied Materials is still viewed favorably versus a peer in advanced packaging, with commentary highlighting its AI-related packaging exposure, broad chipmaking portfolio, and high-margin services as reasons it may be a safer long-term bet. AMAT vs. Q: Which Advanced Packaging Stock is a Safer Bet Right Now?
Positive Sentiment: Analysts and market commentary continue to point to AI-led semiconductor demand, with Applied Materials repeatedly cited as one of the stocks benefiting from ongoing chip investment and stronger equipment spending. Buy These 5 Semiconductor Stocks Charged Up by AI Enthusiasm
Positive Sentiment: Applied Materials announced it will report fiscal third-quarter 2026 results on August 13, and recent previews suggest analysts expect another double-digit earnings increase, which can support sentiment ahead of the print. What to Expect From Applied Materials’ Next Quarterly Earnings Report
Neutral Sentiment: The company’s short-interest update appears to be data-noisy, showing zero shares outstanding and no meaningful days-to-cover signal, so it is unlikely to be a real trading driver.
Neutral Sentiment: Applied Materials remains part of a broader semiconductor sector that is experiencing profit-taking and valuation-driven consolidation after a powerful AI rally, which is weighing on sentiment across the group. Semiconductor Crossroads: Healthy Consolidation or Deeper Repricing?
Negative Sentiment: The pullback in semiconductor names suggests investors are locking in gains and reassessing high expectations, which is pressuring AMAT along with the rest of the sector despite solid fundamentals.

Insider Activity

In other Applied Materials news, Director Thomas J. Iannotti sold 9,250 shares of the business’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $599.77, for a total value of $5,547,872.50. Following the completion of the sale, the director owned 40,559 shares of the company’s stock, valued at $24,326,071.43. The trade was a 18.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Timothy M. Deane sold 8,621 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $590.76, for a total value of $5,092,941.96. Following the sale, the senior vice president owned 134,631 shares of the company’s stock, valued at approximately $79,534,609.56. This trade represents a 6.02% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 278,088 shares of company stock valued at $169,654,805. Corporate insiders own 0.30% of the company’s stock.

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.