Talos Eurisko Asset Management LP Has $40.37 Million Stock Position in Applied Materials, Inc. $AMAT

Talos Eurisko Asset Management LP increased its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 11.7% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 157,099 shares of the manufacturing equipment provider’s stock after buying an additional 16,499 shares during the quarter. Applied Materials comprises approximately 7.1% of Talos Eurisko Asset Management LP’s portfolio, making the stock its 4th biggest position. Talos Eurisko Asset Management LP’s holdings in Applied Materials were worth $40,373,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of AMAT. Brighton Jones LLC grew its stake in shares of Applied Materials by 28.0% during the 4th quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock valued at $2,061,000 after purchasing an additional 2,771 shares during the period. Sivia Capital Partners LLC grew its stake in shares of Applied Materials by 26.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,225 shares of the manufacturing equipment provider’s stock valued at $590,000 after purchasing an additional 679 shares during the period. Forefront Wealth Partners LLC bought a new stake in shares of Applied Materials during the 2nd quarter valued at about $410,000. Schnieders Capital Management LLC. grew its stake in shares of Applied Materials by 30.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 15,003 shares of the manufacturing equipment provider’s stock valued at $2,747,000 after purchasing an additional 3,469 shares during the period. Finally, Sei Investments Co. grew its stake in shares of Applied Materials by 59.3% during the 2nd quarter. Sei Investments Co. now owns 422,694 shares of the manufacturing equipment provider’s stock valued at $77,383,000 after purchasing an additional 157,426 shares during the period. 80.56% of the stock is currently owned by institutional investors.

Applied Materials News Roundup

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

• Positive Sentiment: Applied Materials unveiled new deposition and selective etch systems designed to help chipmakers build next-generation 3D structures more precisely, which supports the company’s role in AI chip manufacturing and could lift long-term demand. Article Title
• Positive Sentiment: Barclays raised its price target on Applied Materials and kept an Overweight rating, reinforcing confidence that wafer fab equipment spending remains strong. Article Title
• Positive Sentiment: Jim Cramer singled out AMAT favorably on Mad Money, which may have added to the stock’s momentum as investors look for semiconductor names with upside when the sector strengthens. Article Title
• Positive Sentiment: Market commentary highlighted AMAT hitting 52-week highs alongside broader semiconductor strength, suggesting the stock is benefiting from renewed optimism in the chip equipment group. Article Title
• Neutral Sentiment: Several articles noted that AMAT has rallied sharply and may be extended near recent highs, meaning some traders see room for caution if the stock needs to consolidate before its next move. Article Title
• Neutral Sentiment: Commentary from Seeking Alpha argued the stock is not cheap enough to buy aggressively, but also not weak enough to sell, reflecting a valuation debate rather than a clear bearish catalyst. Article Title

Applied Materials Stock Up 3.3%

AMAT stock opened at $585.78 on Tuesday. Applied Materials, Inc. has a twelve month low of $154.46 and a twelve month high of $599.62. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22. The stock has a market cap of $465.09 billion, a P/E ratio of 55.00, a PEG ratio of 1.58 and a beta of 1.67. The business’s 50-day moving average price is $431.96 and its 200-day moving average price is $355.90.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, beating analysts’ consensus estimates of $2.68 by $0.18. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The firm had revenue of $7.91 billion for the quarter, compared to analysts’ expectations of $7.68 billion. During the same period in the previous year, the firm earned $2.39 EPS. The business’s quarterly revenue was up 11.4% on a year-over-year basis. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. On average, equities research analysts forecast that Applied Materials, Inc. will post 12.1 EPS for the current year.

Applied Materials Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be issued a $0.53 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.12 dividend on an annualized basis and a yield of 0.4%. Applied Materials’s payout ratio is currently 19.91%.

Insiders Place Their Bets

In related news, CFO Brice Hill sold 2,500 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $498.86, for a total value of $1,247,150.00. Following the transaction, the chief financial officer directly owned 136,113 shares of the company’s stock, valued at approximately $67,901,331.18. The trade was a 1.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Judy Bruner sold 1,128 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $450.00, for a total value of $507,600.00. Following the completion of the transaction, the director directly owned 26,544 shares in the company, valued at approximately $11,944,800. This represents a 4.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 53,896 shares of company stock valued at $27,135,121 in the last 90 days. 0.30% of the stock is currently owned by company insiders.

Analyst Ratings Changes

AMAT has been the subject of a number of recent research reports. Mizuho boosted their price target on Applied Materials from $500.00 to $540.00 and gave the company an “outperform” rating in a research note on Wednesday, May 27th. Wall Street Zen upgraded Applied Materials from a “hold” rating to a “buy” rating in a research note on Saturday, May 23rd. Raymond James Financial set a $650.00 price target on Applied Materials in a research note on Wednesday, June 10th. Wolfe Research boosted their price target on Applied Materials from $500.00 to $550.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. Finally, Seaport Research Partners initiated coverage on Applied Materials in a research note on Monday, May 4th. They set a “buy” rating and a $500.00 price target for the company. Twenty-seven research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Applied Materials currently has an average rating of “Moderate Buy” and an average price target of $483.03.

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.