Applied Materials, Inc. $AMAT Stock Sold by Kestra Investment Management LLC

Posted by Brenda Bartman on Nov 10th, 2026

Kestra Investment Management LLC lowered its position in Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 13.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,474 shares of the manufacturing equipment provider’s stock after selling 1,799 shares during the quarter. Kestra Investment Management LLC’s holdings in Applied Materials were worth $5,868,000 as of its most recent SEC filing.

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

Insider Activity

In related news, Director Judy Bruner sold 1,000 shares of Applied Materials stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $465.00, for a total transaction of $465,000.00. Following the completion of the transaction, the director directly owned 25,544 shares of the company’s stock, valued at $11,877,960. This trade represents a 3.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Adam Sanders sold 725 shares of Applied Materials stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $544.56, for a total transaction of $394,806.00. Following the transaction, the chief accounting officer directly owned 3,181 shares of the company’s stock, valued at $1,732,245.36. This represents a 18.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 9,225 shares of company stock worth $4,454,181. Corporate insiders own 0.30% of the company’s stock.

Applied Materials News Roundup

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

Positive Sentiment: Semiconductor equipment stocks rallied broadly, with Applied Materials among the leaders, as investors rotated back into chip-related names after the sector’s recent sell-off. Applied Materials Jumps Ahead of Earnings
Positive Sentiment: Investors are looking to continued AI-related chip-equipment demand, advanced packaging growth and rising memory investment to support AMAT’s outlook in its upcoming quarterly report. Analysts remain broadly optimistic, and B. Riley maintained a Buy rating despite lowering its price target. AMAT to Post Q4 Earnings
Neutral Sentiment: The rally comes ahead of a closely watched earnings report, which could set the direction for the shares. The company’s outlook will be important in gauging whether demand can sustain the recent recovery. Applied Materials Earnings Preview
Negative Sentiment: Risks include supply concerns ahead of earnings and valuation: one analysis argues the stock may be above fair value after its substantial longer-term advance. Any cautious guidance or signs of weaker demand could undermine the rebound. Applied Materials Stock Looks Above Fair Value

Applied Materials Price Performance

Applied Materials stock opened at $370.55 on Tuesday. The business has a 50 day simple moving average of $443.02 and a 200 day simple moving average of $444.89. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.42 and a quick ratio of 1.79. The company has a market capitalization of $294.07 billion, a PE ratio of 31.94, a price-to-earnings-growth ratio of 0.72 and a beta of 1.67. Applied Materials, Inc. has a one year low of $203.40 and a one year high of $739.67.

Applied Materials (NASDAQ:AMAT – Get Free Report) last announced its quarterly earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share for the quarter, beating analysts’ consensus estimates of $3.40 by $0.10. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%. The firm had revenue of $9.12 billion for the quarter, compared to analysts’ expectations of $8.99 billion. During the same period in the prior year, the business posted $2.48 earnings per share. The business’s revenue was up 24.8% compared to the same quarter last year. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. On average, sell-side analysts forecast that Applied Materials, Inc. will post 12.79 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Thursday, November 19th will be paid a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Thursday, November 19th. Applied Materials’s payout ratio is currently 18.28%.

Analysts Set New Price Targets

A number of research firms have weighed in on AMAT. Royal Bank Of Canada reiterated an “outperform” rating and set a $600.00 price target on shares of Applied Materials in a research note on Wednesday, October 14th. HSBC dropped their price objective on shares of Applied Materials from $683.00 to $641.00 and set a “buy” rating for the company in a research note on Friday, August 14th. Citigroup reaffirmed a “buy” rating and set a $710.00 price objective (up from $550.00) on shares of Applied Materials in a report on Monday, August 3rd. Cantor Fitzgerald reiterated an “overweight” rating on shares of Applied Materials in a research report on Tuesday, October 20th. Finally, Weiss Ratings lowered shares of Applied Materials from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, September 9th. Thirty investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, Applied Materials has an average rating of “Moderate Buy” and an average price target of $625.76.

Check Out Our Latest Research Report on AMAT

About Applied Materials

(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.