Applied Materials, Inc. $AMAT Stock: Burton Enright Welch Raises Stake

Posted by Geri Gentry on Nov 9th, 2026

Burton Enright Welch grew its holdings in Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 431.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,037 shares of the manufacturing equipment provider’s stock after purchasing an additional 3,278 shares during the quarter. Burton Enright Welch’s holdings in Applied Materials were worth $2,064,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Harborfront Financial Group LLC acquired a new stake in shares of Applied Materials in the second quarter valued at $27,000. Curry Webb Wealth Management LLC bought a new position in shares of Applied Materials in the third quarter valued at about $30,000. Dakota Community Bank & Trust NA bought a new position in shares of Applied Materials in the third quarter valued at about $31,000. Orion Capital Management LLC acquired a new position in Applied Materials during the 2nd quarter worth about $33,000. Finally, Highland Investment Advisors LLC acquired a new position in Applied Materials during the 2nd quarter worth about $33,000. Institutional investors and hedge funds own 80.56% of the company’s stock.

Key Applied Materials News

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

Positive Sentiment: A rally in chip-equipment shares is lifting AMAT ahead of its fiscal fourth-quarter results, scheduled for November 12. The sector move followed Lam Research’s announcement of a $25 billion share buyback. Article: Applied Materials Stocks Rise as Chip Equipment Rallies Ahead of Earnings
Positive Sentiment: AI-related equipment demand and growth in advanced packaging are cited as longer-term supports for Applied Materials, despite the recent pullback in chip stocks. Article: AMAT Shares Plunge 30% in a Month: Should You Buy, Sell or Hold?
Neutral Sentiment: The upcoming results are a key near-term catalyst: investors will assess whether demand and equipment-spending expectations hold up in a more cautious investment environment. Article: Applied Materials Stocks Fall Before a Revenue Test
Negative Sentiment: The rebound follows a sharp chip-stock sell-off, with investors worried that data-center spending could slow; weak Qualcomm guidance added to sector concerns. AMAT also recently faced pressure after an analyst downgrade. Article: Chip Stock Rout Deepens Article: Applied Materials Stock Falls After Analyst Downgrade

Applied Materials Trading Down 0.0%

Shares of AMAT opened at $332.71 on Monday. The company has a quick ratio of 1.79, a current ratio of 2.42 and a debt-to-equity ratio of 0.20. Applied Materials, Inc. has a 12-month low of $203.40 and a 12-month high of $739.67. The firm has a market capitalization of $264.04 billion, a PE ratio of 28.68, a price-to-earnings-growth ratio of 0.65 and a beta of 1.67. The stock’s fifty day simple moving average is $444.84 and its 200-day simple moving average is $444.66.

Applied Materials (NASDAQ:AMAT – Get Free Report) last posted its quarterly earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.40 by $0.10. The business 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 firm’s quarterly revenue was up 24.8% compared to the same quarter last year. During the same quarter last year, the business earned $2.48 earnings per share. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. As a group, research analysts predict that Applied Materials, Inc. will post 12.79 earnings per share for the current year.

Applied Materials Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Thursday, November 19th will be given a dividend of $0.53 per share. The ex-dividend date is Thursday, November 19th. This represents a $2.12 dividend on an annualized basis and a yield of 0.6%. Applied Materials’s dividend payout ratio is presently 18.28%.

Insider Buying and Selling at Applied Materials

In other news, Director Judy Bruner sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $465.00, for a total value of $465,000.00. Following the transaction, the director owned 25,544 shares of the company’s stock, valued at approximately $11,877,960. This trade represents a 3.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Brice Hill sold 7,500 shares of Applied Materials stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $479.25, for a total transaction of $3,594,375.00. Following the sale, the chief financial officer owned 128,613 shares of the company’s stock, valued at approximately $61,637,780.25. This represents a 5.51% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 9,225 shares of company stock worth $4,454,181. Company insiders own 0.30% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. Weiss Ratings lowered shares of Applied Materials from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, September 9th. The Goldman Sachs Group raised their price objective on shares of Applied Materials from $645.00 to $670.00 and gave the company a “buy” rating in a research report on Friday, August 14th. Sanford C. Bernstein boosted their target price on shares of Applied Materials from $675.00 to $700.00 and gave the stock an “outperform” rating in a research note on Friday, August 14th. Zacks Research lowered shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 15th. Finally, Bank of America decreased their price target on shares of Applied Materials from $720.00 to $650.00 and set a “buy” rating on the stock in a research note on Friday, August 14th. Thirty analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, Applied Materials has a consensus rating of “Moderate Buy” and a consensus target price of $632.01.

Check Out Our Latest Analysis on AMAT

Applied Materials Profile

(Free Report)

Applied Materials, Inc develops and supplies equipment, software and services used to manufacture semiconductors and advanced displays. Its technologies help customers build and process materials at the microscopic scale required for chips and other electronic products.

The company’s offerings include systems for depositing, removing and modifying materials, as well as inspection, measurement and process-control tools. It also provides equipment and services for advanced semiconductor packaging and supports customers with maintenance, upgrades and manufacturing software.

Founded in 1967 and headquartered in Santa Clara, California, Applied Materials serves semiconductor and display manufacturers around the world.