Forum Financial Management LP Has $2.07 Million Position in Applied Materials, Inc. $AMAT

Forum Financial Management LP lifted its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 32.8% in the third quarter, Holdings Channel.com reports. The fund owned 10,098 shares of the manufacturing equipment provider’s stock after acquiring an additional 2,495 shares during the quarter. Forum Financial Management LP’s holdings in Applied Materials were worth $2,068,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AMAT. IFG Advisory LLC boosted its position in shares of Applied Materials by 1,008.1% during the 2nd quarter. IFG Advisory LLC now owns 36,156 shares of the manufacturing equipment provider’s stock valued at $6,619,000 after purchasing an additional 32,893 shares in the last quarter. Atlantic Union Bankshares Corp lifted its stake in Applied Materials by 23.0% in the second quarter. Atlantic Union Bankshares Corp now owns 12,643 shares of the manufacturing equipment provider’s stock valued at $2,315,000 after buying an additional 2,363 shares during the period. Sienna Gestion boosted its holdings in shares of Applied Materials by 10.2% during the 2nd quarter. Sienna Gestion now owns 113,221 shares of the manufacturing equipment provider’s stock worth $18,924,000 after buying an additional 10,468 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its position in shares of Applied Materials by 31.8% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 145,277 shares of the manufacturing equipment provider’s stock worth $26,601,000 after buying an additional 35,012 shares during the period. Finally, Westfield Capital Management Co. LP grew its position in shares of Applied Materials by 13,360.6% during the 2nd quarter. Westfield Capital Management Co. LP now owns 694,431 shares of the manufacturing equipment provider’s stock worth $127,129,000 after buying an additional 689,272 shares during the period. 80.56% of the stock is owned by institutional investors and hedge funds.

Applied Materials Trading Up 6.9%

AMAT opened at $301.18 on Friday. Applied Materials, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $302.78. The firm has a market capitalization of $238.82 billion, a PE ratio of 34.70, a P/E/G ratio of 3.12 and a beta of 1.67. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.61 and a quick ratio of 1.87. The company’s 50-day moving average is $253.65 and its 200 day moving average is $213.50.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings data on Thursday, November 13th. The manufacturing equipment provider reported $2.17 EPS for the quarter, topping analysts’ consensus estimates of $2.11 by $0.06. The firm 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%.The company’s revenue for the quarter was down 3.5% on a year-over-year basis. During the same period in the previous year, the company posted $2.32 EPS. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. As a group, research analysts predict that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Thursday, February 19th will be given a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Thursday, February 19th. Applied Materials’s dividend payout ratio is presently 21.20%.

Analyst Ratings Changes

Several brokerages recently issued reports on AMAT. Needham & Company LLC reissued a “buy” rating and set a $260.00 target price on shares of Applied Materials in a research note on Friday, November 14th. The Goldman Sachs Group reiterated a “buy” rating and set a $310.00 price objective on shares of Applied Materials in a report on Friday. Bank of America raised shares of Applied Materials from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $180.00 to $250.00 in a research report on Monday, October 13th. Stifel Nicolaus boosted their target price on Applied Materials from $215.00 to $250.00 and gave the company a “buy” rating in a research report on Tuesday, November 11th. Finally, Barclays upped their price target on Applied Materials from $170.00 to $250.00 and gave the stock an “equal weight” rating in a research note on Monday, October 20th. Twenty-one research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $250.11.

Insider Buying and Selling at Applied Materials

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

About Applied Materials

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.