Envestnet Portfolio Solutions Inc. Has $19.64 Million Stock Position in Applied Materials, Inc. $AMAT

Envestnet Portfolio Solutions Inc. boosted its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 7.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 95,926 shares of the manufacturing equipment provider’s stock after purchasing an additional 6,670 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Applied Materials were worth $19,640,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of AMAT. Marquette Asset Management LLC raised its stake in shares of Applied Materials by 150.0% during the third quarter. Marquette Asset Management LLC now owns 125 shares of the manufacturing equipment provider’s stock worth $26,000 after buying an additional 75 shares during the last quarter. Maseco LLP acquired a new stake in Applied Materials during the 2nd quarter worth $30,000. Financial Gravity Companies Inc. acquired a new stake in Applied Materials during the 2nd quarter worth $31,000. Manning & Napier Advisors LLC bought a new stake in shares of Applied Materials during the 3rd quarter valued at $31,000. Finally, Howard Hughes Medical Institute acquired a new position in shares of Applied Materials in the 2nd quarter valued at $32,000. Institutional investors own 80.56% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on AMAT. Stifel Nicolaus lifted their price objective on Applied Materials from $250.00 to $340.00 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. JPMorgan Chase & Co. boosted their target price on Applied Materials from $220.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, November 14th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $350.00 price target on shares of Applied Materials in a research note on Tuesday, December 16th. Citigroup lifted their price objective on shares of Applied Materials from $205.00 to $250.00 and gave the stock a “buy” rating in a research note on Friday, November 14th. Finally, DZ Bank upgraded shares of Applied Materials from a “strong sell” rating to a “hold” rating in a report on Friday, November 14th. Twenty-two research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $286.89.

Insiders Place Their Bets

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

Trending Headlines about Applied Materials

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

• Positive Sentiment: Bullish analyst target increases from major firms signal upside expectations — Needham raised its target to $390 and KeyBanc raised its target to $380, citing AMAT’s positioning for memory/AI-related capacity growth and vertical scaling potential. Needham Increases AMAT Target to $390 KeyBanc Raises AMAT Target to $380
• Positive Sentiment: Display business rebound: Q4 display revenues rose ~68% driven by advanced systems, improved pricing and stronger OLED demand — a sign AMAT’s display segment may reaccelerate revenue and margins if demand for OLED and AR/VR tooling continues. Can AMAT Lead the Display Market With Advanced OLED and AR/VR Push?
• Neutral Sentiment: Earnings date set — AMAT will report fiscal Q1 2026 results and host its earnings call on Feb. 12, 2026; that event is a near-term catalyst where management guidance and commentary on China exposure, memory demand and pricing will matter most. Applied Materials to Report Fiscal First Quarter 2026 Results on Feb. 12, 2026 Q1 2026 Earnings Call Details
• Neutral Sentiment: Relative sector performance pieces highlight AMAT vs. peers (ASML, Lam) and frame expectations — useful context for investors assessing valuation and relative upside but not an immediate driver. Are Computer and Technology Stocks Lagging Applied Materials (AMAT) This Year?
• Negative Sentiment: Revenue and China-market headwinds remain a drag — AMAT reported a ~3.5% revenue decline YoY in the last quarter and analysts point to China restrictions as a continuing risk to near-term top-line growth. That dynamic helps explain why some analysts still caution on downside despite upgrades. Which Semiconductor Equipment Stock Has More Upside in 2026?
• Negative Sentiment: Negative/sell viewpoints and insider selling are being highlighted by some outlets — a Yahoo piece recommends selling AMAT in favor of alternatives, and recent insider sales are noted in market summaries, both of which can add near-term selling pressure. 1 Reason to Sell AMAT and 1 Stock to Buy Instead Quiver Quant: Insider Activity & Institutional Moves (AMAT)

Applied Materials Price Performance

Shares of AMAT opened at $318.79 on Friday. The stock has a 50 day simple moving average of $268.83 and a 200 day simple moving average of $221.47. Applied Materials, Inc. has a 52-week low of $123.74 and a 52-week high of $333.03. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.87 and a current ratio of 2.61. The firm has a market capitalization of $252.78 billion, a PE ratio of 36.73, a P/E/G ratio of 3.37 and a beta of 1.67.

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

Applied Materials Dividend Announcement

The business also recently disclosed 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 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Thursday, February 19th. Applied Materials’s payout ratio is currently 21.20%.

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.