Isthmus Partners LLC Has $18.49 Million Position in Applied Materials, Inc. $AMAT

Isthmus Partners LLC trimmed its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 2.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 71,954 shares of the manufacturing equipment provider’s stock after selling 2,099 shares during the quarter. Applied Materials comprises 2.1% of Isthmus Partners LLC’s portfolio, making the stock its 9th biggest holding. Isthmus Partners LLC’s holdings in Applied Materials were worth $18,491,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Godsey & Gibb Inc. raised its holdings in shares of Applied Materials by 2.6% in the fourth quarter. Godsey & Gibb Inc. now owns 1,298 shares of the manufacturing equipment provider’s stock valued at $334,000 after buying an additional 33 shares during the last quarter. Family Capital Management Inc. raised its holdings in shares of Applied Materials by 0.8% in the fourth quarter. Family Capital Management Inc. now owns 4,227 shares of the manufacturing equipment provider’s stock valued at $1,086,000 after buying an additional 33 shares during the last quarter. Denali Advisors LLC raised its holdings in Applied Materials by 0.7% during the 4th quarter. Denali Advisors LLC now owns 4,582 shares of the manufacturing equipment provider’s stock worth $1,178,000 after purchasing an additional 34 shares during the last quarter. Traveka Wealth LLC raised its holdings in Applied Materials by 2.6% during the 4th quarter. Traveka Wealth LLC now owns 1,404 shares of the manufacturing equipment provider’s stock worth $361,000 after purchasing an additional 36 shares during the last quarter. Finally, Highline Wealth Partners LLC raised its holdings in Applied Materials by 48.7% during the 4th quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock worth $30,000 after purchasing an additional 38 shares during the last quarter. 80.56% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on AMAT shares. B. Riley Financial boosted their price objective on Applied Materials from $530.00 to $550.00 and gave the stock a “buy” rating in a report on Friday. UBS Group boosted their price objective on Applied Materials from $480.00 to $515.00 and gave the stock a “buy” rating in a report on Friday. Morgan Stanley boosted their price objective on Applied Materials from $454.00 to $502.00 and gave the stock an “overweight” rating in a report on Friday. Zacks Research cut Applied Materials from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Finally, TD Cowen boosted their price objective on Applied Materials from $450.00 to $525.00 and gave the stock a “buy” rating in a report on Friday. Twenty-seven equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, Applied Materials currently has an average rating of “Moderate Buy” and a consensus price target of $463.89.

Insider Transactions at Applied Materials

In other news, CFO Brice Hill sold 5,000 shares of the business’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $361.21, for a total transaction of $1,806,050.00. Following the completion of the transaction, the chief financial officer directly owned 138,565 shares in the company, valued at approximately $50,051,063.65. The trade was a 3.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Adam Sanders sold 534 shares of the business’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $379.16, for a total value of $202,471.44. Following the transaction, the chief accounting officer owned 4,625 shares of the company’s stock, valued at $1,753,615. The trade was a 10.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 12,003 shares of company stock worth $4,484,189. 0.30% of the stock is currently owned by company insiders.

More Applied Materials News

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

• Positive Sentiment: Applied Materials posted record Q2 results, beating EPS and revenue expectations and lifting its outlook, with management citing strong AI infrastructure spending as a key growth driver. Applied Materials Announces Second Quarter 2026 Results
• Positive Sentiment: Wall Street turned more bullish after the report, with multiple firms raising price targets, including Bank of America, JPMorgan, Mizuho, Morgan Stanley, Needham, and KeyCorp, reinforcing confidence in multi-year earnings growth. Applied Materials Sees Multi-Year AI Boom Driving Record Revenue And Growth Through 2028
• Positive Sentiment: Several analysts highlighted a durable AI-driven semiconductor upcycle, suggesting Applied Materials could sustain elevated demand and margins through 2027-2028. Krish Sankar Reaffirms Buy on Applied Materials
• Neutral Sentiment: The broader market backdrop is weaker, with major indexes down as Treasury yields and oil prices rise, which is adding headwinds for high-valuation tech and AI stocks. Stock Market Today: Dow Falls As Oil Prices, Yields Jump; Applied Materials, Nvidia, Cerebras Slide
• Negative Sentiment: Even with the strong earnings report, the stock is slipping as investors rotate out after a sharp year-to-date rally, showing some concern that expectations may already be very high. Applied Materials slips despite record quarter and strong outlook (AMAT)

Applied Materials Price Performance

Applied Materials stock opened at $436.62 on Friday. The firm has a market capitalization of $346.51 billion, a P/E ratio of 41.00, a PEG ratio of 1.95 and a beta of 1.66. Applied Materials, Inc. has a 1 year low of $153.47 and a 1 year high of $448.45. The business has a 50-day moving average of $379.09 and a 200-day moving average of $319.44. The company has a current ratio of 2.71, a quick ratio of 1.94 and a debt-to-equity ratio of 0.30.

Applied Materials (NASDAQ:AMAT) last posted its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.68 by $0.18. The company had revenue of $7.91 billion during the quarter, compared to analyst estimates of $7.68 billion. Applied Materials had a return on equity of 38.48% and a net margin of 29.31%.The company’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same period in the previous year, the company earned $2.39 EPS. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. On average, equities analysts anticipate that Applied Materials, Inc. will post 11.16 EPS for the current year.

Applied Materials Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Thursday, May 21st will be given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Thursday, May 21st. This is an increase from Applied Materials’s previous quarterly dividend of $0.46. Applied Materials’s dividend payout ratio is presently 18.83%.

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.