Orion Porfolio Solutions LLC Buys 3,703 Shares of Applied Materials, Inc. $AMAT

Orion Porfolio Solutions LLC raised its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 6.7% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 58,982 shares of the manufacturing equipment provider’s stock after acquiring an additional 3,703 shares during the period. Orion Porfolio Solutions LLC’s holdings in Applied Materials were worth $10,798,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Norges Bank purchased a new stake in Applied Materials in the 2nd quarter worth about $1,604,002,000. Sanders Capital LLC bought a new position in shares of Applied Materials during the second quarter valued at approximately $1,409,320,000. Alliancebernstein L.P. raised its holdings in shares of Applied Materials by 72.5% in the second quarter. Alliancebernstein L.P. now owns 13,564,120 shares of the manufacturing equipment provider’s stock worth $2,483,183,000 after buying an additional 5,700,349 shares during the period. Kingstone Capital Partners Texas LLC bought a new stake in shares of Applied Materials during the 2nd quarter worth approximately $882,396,000. Finally, Price T Rowe Associates Inc. MD boosted its holdings in Applied Materials by 43.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,573,673 shares of the manufacturing equipment provider’s stock valued at $808,853,000 after acquiring an additional 1,691,428 shares during the period. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Insider Transactions at Applied Materials

In other Applied Materials news, SVP Teri A. Little sold 4,000 shares of Applied Materials stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $238.24, for a total value of $952,960.00. Following the transaction, the senior vice president directly owned 84,351 shares of the company’s stock, valued at approximately $20,095,782.24. The trade was a 4.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Adam Sanders sold 609 shares of Applied Materials stock in a transaction on Monday, December 1st. The stock was sold at an average price of $255.53, for a total transaction of $155,617.77. Following the completion of the transaction, the chief accounting officer directly owned 4,413 shares in the company, valued at $1,127,653.89. This represents a 12.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 8,609 shares of company stock worth $2,044,898 over the last 90 days. Company insiders own 0.24% of the company’s stock.

Applied Materials Price Performance

NASDAQ AMAT opened at $259.21 on Monday. The company has a market cap of $206.50 billion, a PE ratio of 29.86, a P/E/G ratio of 2.69 and a beta of 1.67. The firm’s 50 day moving average price is $236.68 and its 200-day moving average price is $199.97. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.87 and a current ratio of 2.61. Applied Materials, Inc. has a 52-week low of $123.74 and a 52-week high of $276.10.

Applied Materials (NASDAQ:AMAT) last posted its earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 earnings per share for the quarter, topping analysts’ consensus estimates of $2.11 by $0.06. The company had revenue of $6.80 billion during the quarter, compared to analyst estimates of $6.68 billion. Applied Materials had a return on equity of 39.26% and a net margin of 24.67%.Applied Materials’s revenue was down 3.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.32 earnings per share. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. Sell-side analysts forecast that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Thursday, February 19th will be given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, February 19th. Applied Materials’s dividend payout ratio is presently 21.20%.

Analysts Set New Price Targets

A number of research firms have weighed in on AMAT. Wells Fargo & Company increased their target price on Applied Materials from $250.00 to $255.00 and gave the stock an “overweight” rating in a research note on Friday, November 14th. B. Riley reaffirmed a “buy” rating and issued a $270.00 price target (up previously from $265.00) on shares of Applied Materials in a research note on Friday, November 14th. Daiwa Capital Markets reissued a “neutral” rating and issued a $170.00 price objective (down from $185.00) on shares of Applied Materials in a research report on Wednesday, August 20th. BNP Paribas raised shares of Applied Materials to a “hold” rating in a research report on Monday, November 17th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Applied Materials in a report on Monday. Twenty equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $234.74.

Applied Materials Company Profile

Applied Materials, Inc engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits.