Applied Materials, Inc. $AMAT Shares Sold by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. lowered its position in Applied Materials, Inc. (NASDAQ:AMAT) by 28.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,864 shares of the manufacturing equipment provider’s stock after selling 9,313 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Applied Materials were worth $6,129,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of AMAT. Traveka Wealth LLC raised its position in Applied Materials by 2.6% in the 4th quarter. Traveka Wealth LLC now owns 1,404 shares of the manufacturing equipment provider’s stock valued at $361,000 after purchasing an additional 36 shares during the last quarter. Highline Wealth Partners LLC increased its stake in Applied Materials by 48.7% in the fourth quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock valued at $30,000 after purchasing an additional 38 shares during the period. Bartlett & CO. Wealth Management LLC raised its holdings in shares of Applied Materials by 0.9% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 4,096 shares of the manufacturing equipment provider’s stock valued at $1,053,000 after buying an additional 38 shares during the last quarter. EdgeRock Capital LLC raised its holdings in shares of Applied Materials by 2.5% in the fourth quarter. EdgeRock Capital LLC now owns 1,686 shares of the manufacturing equipment provider’s stock valued at $433,000 after buying an additional 41 shares during the last quarter. Finally, Sagespring Wealth Partners LLC boosted its stake in shares of Applied Materials by 0.5% during the third quarter. Sagespring Wealth Partners LLC now owns 8,340 shares of the manufacturing equipment provider’s stock worth $1,707,000 after buying an additional 43 shares during the period. 80.56% of the stock is owned by institutional investors and hedge funds.

Applied Materials Price Performance

Shares of NASDAQ:AMAT opened at $394.33 on Wednesday. The company has a quick ratio of 1.94, a current ratio of 2.71 and a debt-to-equity ratio of 0.30. The company has a market cap of $312.94 billion, a P/E ratio of 40.36, a PEG ratio of 1.75 and a beta of 1.64. Applied Materials, Inc. has a 52 week low of $136.32 and a 52 week high of $407.29. The company has a 50-day moving average price of $362.41 and a 200 day moving average price of $298.25.

Applied Materials (NASDAQ:AMAT) last released its earnings results on Thursday, February 12th. The manufacturing equipment provider reported $2.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.21 by $0.17. The company had revenue of $7.01 billion for the quarter, compared to analysts’ expectations of $6.88 billion. Applied Materials had a return on equity of 37.52% and a net margin of 27.78%.The firm’s quarterly revenue was down 2.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.38 EPS. Applied Materials has set its Q2 2026 guidance at 2.440-2.840 EPS. Research analysts predict that Applied Materials, Inc. will post 11.1 earnings per share for the current year.

Applied Materials Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Thursday, May 21st will be issued a dividend of $0.53 per share. This is a boost from Applied Materials’s previous quarterly dividend of $0.46. This represents a $2.12 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, May 21st. Applied Materials’s dividend payout ratio is currently 18.83%.

Insiders Place Their Bets

In other Applied Materials news, Director Judy Bruner sold 3,969 shares of the business’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $377.02, for a total transaction of $1,496,392.38. Following the sale, the director directly owned 28,589 shares in the company, valued at approximately $10,778,624.78. The trade was a 12.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Adam Sanders sold 534 shares of the company’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $379.16, for a total transaction of $202,471.44. Following the transaction, the chief accounting officer directly owned 4,625 shares in the company, valued at approximately $1,753,615. This trade represents a 10.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 12,003 shares of company stock worth $4,484,189. 0.30% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts recently issued reports on AMAT shares. Summit Insights raised Applied Materials from a “hold” rating to a “buy” rating in a report on Friday, February 13th. Citigroup increased their price objective on Applied Materials from $400.00 to $420.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Wells Fargo & Company lifted their target price on Applied Materials from $350.00 to $435.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. Susquehanna boosted their target price on Applied Materials from $435.00 to $500.00 and gave the company a “positive” rating in a report on Thursday, April 9th. Finally, Needham & Company LLC upped their price target on Applied Materials from $390.00 to $440.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $368.29.

Applied Materials Profile

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.