NewEdge Advisors LLC Acquires 3,232 Shares of Applied Materials, Inc. $AMAT

Posted by George Bondi on Sep 9th, 2026

NewEdge Advisors LLC increased its holdings in Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 2.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 154,918 shares of the manufacturing equipment provider’s stock after acquiring an additional 3,232 shares during the quarter. NewEdge Advisors LLC’s holdings in Applied Materials were worth $112,005,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. California State Teachers Retirement System boosted its stake in shares of Applied Materials by 70,976.9% during the 2nd quarter. California State Teachers Retirement System now owns 870,192,678 shares of the manufacturing equipment provider’s stock valued at $629,149,306,000 after purchasing an additional 868,968,380 shares in the last quarter. Capital Research Global Investors increased its position in shares of Applied Materials by 119.8% during the fourth 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 buying an additional 17,829,377 shares during the period. Norges Bank bought a new position in Applied Materials in the fourth quarter worth about $2,858,543,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Applied Materials by 617.2% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,129,483 shares of the manufacturing equipment provider’s stock worth $1,869,170,000 after buying an additional 7,856,576 shares in the last quarter. Finally, Bank of America Corp DE purchased a new stake in Applied Materials in the second quarter worth about $5,252,863,000. 80.56% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have weighed in on the company. Barclays lifted their price objective on Applied Materials from $500.00 to $590.00 and gave the company an “overweight” rating in a research report on Thursday, June 11th. Wolfe Research lifted their price target on Applied Materials from $500.00 to $550.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. Sanford C. Bernstein lifted their price target on Applied Materials from $675.00 to $700.00 and gave the company an “outperform” rating in a research report on Friday, August 14th. B. Riley Financial reaffirmed a “buy” rating and issued a $700.00 price target (down from $790.00) on shares of Applied Materials in a research note on Friday, August 14th. Finally, Citigroup reiterated a “buy” rating on shares of Applied Materials in a report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Applied Materials has a consensus rating of “Moderate Buy” and a consensus target price of $658.45.

Check Out Our Latest Analysis on AMAT

Applied Materials Price Performance

AMAT stock opened at $472.79 on Wednesday. The firm has a 50 day moving average price of $523.44 and a 200-day moving average price of $462.73. Applied Materials, Inc. has a 52-week low of $161.75 and a 52-week high of $739.67. The firm has a market capitalization of $375.21 billion, a price-to-earnings ratio of 40.76, a PEG ratio of 1.27 and a beta of 1.60. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.79 and a current ratio of 2.42.

Applied Materials (NASDAQ:AMAT – Get Free Report) last issued its quarterly earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 EPS for the quarter, topping analysts’ consensus estimates of $3.40 by $0.10. The firm had revenue of $9.12 billion for the quarter, compared to analysts’ expectations of $8.99 billion. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%.The business’s revenue for the quarter was up 24.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.48 EPS. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. Equities research analysts forecast that Applied Materials, Inc. will post 12.76 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Gary E. Dickerson sold 20,000 shares of the stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $735.22, for a total value of $14,704,400.00. Following the sale, the chief executive officer directly owned 1,599,843 shares of the company’s stock, valued at approximately $1,176,236,570.46. This represents a 1.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Prabu G. Raja sold 10,000 shares of the firm’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $633.53, for a total value of $6,335,300.00. Following the transaction, the insider owned 346,642 shares of the company’s stock, valued at $219,608,106.26. The trade was a 2.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 231,692 shares of company stock valued at $146,114,059. Company insiders own 0.30% of the company’s stock.

About Applied Materials

(Free Report)

Applied Materials, Inc is a global provider of materials engineering solutions used to manufacture semiconductors, displays and other advanced electronic products. The company develops and supplies equipment, services and software that help customers build and improve the performance of chips and display panels.

Its semiconductor products support processes including deposition, etch, patterning, inspection, metrology and materials modification. Applied Materials also provides equipment and services for display manufacturing, including technologies used in producing liquid-crystal and organic light-emitting diode displays, as well as solutions for adjacent markets such as solar and other specialty applications.

Founded in 1967 and headquartered in Santa Clara, California, Applied Materials serves semiconductor and display manufacturers worldwide through operations, customer-support centers and research and development activities across major technology-producing regions.