Annex Advisory Services LLC Sells 1,676 Shares of Applied Materials, Inc. $AMAT

Posted by Stanley Muller on Aug 12th, 2026

Annex Advisory Services LLC lowered its position in Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 10.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,145 shares of the manufacturing equipment provider’s stock after selling 1,676 shares during the quarter. Annex Advisory Services LLC’s holdings in Applied Materials were worth $10,950,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC grew its stake in shares of Applied Materials by 28.0% during the fourth quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock valued at $2,061,000 after buying an additional 2,771 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in Applied Materials by 26.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,225 shares of the manufacturing equipment provider’s stock valued at $590,000 after acquiring an additional 679 shares during the period. Forefront Wealth Partners LLC purchased a new position in Applied Materials during the 2nd quarter valued at $410,000. Schnieders Capital Management LLC. grew its position in Applied Materials by 30.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 15,003 shares of the manufacturing equipment provider’s stock valued at $2,747,000 after acquiring an additional 3,469 shares during the last quarter. Finally, Sei Investments Co. grew its position in Applied Materials by 59.3% in the 2nd quarter. Sei Investments Co. now owns 422,694 shares of the manufacturing equipment provider’s stock valued at $77,383,000 after acquiring an additional 157,426 shares during the last quarter. Institutional investors own 80.56% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Gary E. Dickerson sold 20,000 shares of the stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $735.22, for a total transaction of $14,704,400.00. Following the transaction, the chief executive officer directly owned 1,599,843 shares in the company, valued at approximately $1,176,236,570.46. This trade represents a 1.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Omkaram Nalamasu sold 24,263 shares of Applied Materials stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $593.43, for a total transaction of $14,398,392.09. Following the transaction, the senior vice president directly owned 146,916 shares in the company, valued at approximately $87,184,361.88. The trade was a 14.17% 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 worth $169,654,805. 0.30% of the stock is owned by corporate insiders.

Key Applied Materials News

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

Positive Sentiment: AI and semiconductor demand remain key bullish catalysts. Jim Cramer highlighted Applied Materials alongside Lam Research and KLA as beneficiaries of data-center memory bottlenecks and expected demand for chipmaking equipment. The company’s broad technology portfolio and exposure to AI infrastructure continue to support the long-term growth case. Jim Cramer semiconductor equipment analysis
Positive Sentiment: Analyst earnings expectations have improved. A report indicated that an analyst raised the fiscal 2027 EPS forecast, while pre-earnings estimates call for approximately $9 billion in quarterly revenue and $3.39 in EPS. These expectations imply continued year-over-year growth and could support the shares if management delivers or raises guidance. Applied Materials EPS forecast update
Positive Sentiment: Applied Materials expanded its chip-innovation ecosystem. UC Berkeley will join the company’s EPIC Center, giving researchers access to industry-scale equipment and process-integration capabilities. The collaboration could accelerate semiconductor research and commercialization, although the financial benefit is longer term. UC Berkeley joins Applied Materials EPIC Center
Neutral Sentiment: Options markets are anticipating a significant earnings-related move. Traders expect substantial volatility around Thursday’s results, as investors assess revenue, EPS, margins, orders and fiscal 2026 guidance. Applied Materials expected earnings move
Negative Sentiment: Valuation and competitive risks are limiting enthusiasm. William Blair initiated coverage with a Market Perform rating, citing strong AI-driven fundamentals but arguing that valuation and competition cap upside. With a trailing P/E near 49, the stock may require an earnings beat and constructive outlook to regain momentum. William Blair Applied Materials rating

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on AMAT. William Blair started coverage on Applied Materials in a research report on Tuesday. They set a “market perform” rating for the company. TD Cowen raised their price target on shares of Applied Materials from $525.00 to $700.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. Bank of America lifted their price objective on shares of Applied Materials from $540.00 to $720.00 and gave the company a “buy” rating in a report on Tuesday, June 23rd. Susquehanna boosted their price objective on shares of Applied Materials from $575.00 to $900.00 and gave the company a “positive” rating in a research report on Tuesday, June 30th. Finally, Barclays upped their target price on shares of Applied Materials from $500.00 to $590.00 and gave the stock an “overweight” rating in a research note on Thursday, June 11th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, Applied Materials currently has a consensus rating of “Moderate Buy” and a consensus price target of $603.23.

View Our Latest Stock Analysis on AMAT

Applied Materials Price Performance

Shares of AMAT stock opened at $525.61 on Wednesday. Applied Materials, Inc. has a twelve month low of $154.46 and a twelve month high of $739.67. 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 stock has a fifty day simple moving average of $561.46 and a two-hundred day simple moving average of $441.34. The stock has a market capitalization of $417.31 billion, a price-to-earnings ratio of 49.35, a P/E/G ratio of 1.32 and a beta of 1.61.

Applied Materials (NASDAQ:AMAT – Get Free Report) last announced its quarterly earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, beating the consensus estimate of $2.68 by $0.18. The firm 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 business’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same quarter last year, the firm posted $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. On average, analysts predict that Applied Materials, Inc. will post 12.17 EPS for the current fiscal year.

Applied Materials Announces Dividend

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 given a dividend of $0.53 per share. The ex-dividend date of this dividend 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 (DPR) is 19.91%.

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.