2,628 Shares in Applied Materials, Inc. $AMAT Purchased by Opal Capital LLC

Opal Capital LLC bought a new position in Applied Materials, Inc. (NASDAQ:AMAT) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,628 shares of the manufacturing equipment provider’s stock, valued at approximately $675,000.

Several other large investors also recently made changes to their positions in AMAT. Vanguard Group Inc. increased its position in Applied Materials by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 76,779,340 shares of the manufacturing equipment provider’s stock valued at $19,731,523,000 after acquiring an additional 330,197 shares during the period. Capital Research Global Investors boosted its position in Applied Materials by 119.8% during the 4th quarter. Capital Research Global Investors now owns 32,707,049 shares of the manufacturing equipment provider’s stock worth $8,405,458,000 after acquiring an additional 17,829,377 shares during the period. Ameriprise Financial Inc. grew its stake in shares of Applied Materials by 40.1% in the third quarter. Ameriprise Financial Inc. now owns 12,520,114 shares of the manufacturing equipment provider’s stock worth $2,563,376,000 after purchasing an additional 3,583,751 shares in the last quarter. Morgan Stanley increased its holdings in shares of Applied Materials by 3.4% during the fourth quarter. Morgan Stanley now owns 11,470,835 shares of the manufacturing equipment provider’s stock valued at $2,947,891,000 after purchasing an additional 373,012 shares during the period. Finally, Norges Bank bought a new stake in shares of Applied Materials during the fourth quarter valued at about $2,858,543,000. Institutional investors and hedge funds own 80.56% of the company’s stock.

Insiders Place Their Bets

In related news, insider Prabu G. Raja sold 50,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $505.28, for a total transaction of $25,264,000.00. Following the completion of the sale, the insider directly owned 356,642 shares in the company, valued at approximately $180,204,069.76. This trade represents a 12.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Brice Hill sold 2,500 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $498.86, for a total transaction of $1,247,150.00. Following the transaction, the chief financial officer directly owned 136,113 shares in the company, valued at $67,901,331.18. The trade was a 1.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 53,896 shares of company stock worth $27,135,121. Insiders own 0.30% of the company’s stock.

Applied Materials Stock Down 3.0%

Shares of NASDAQ:AMAT opened at $568.23 on Wednesday. Applied Materials, Inc. has a 52 week low of $154.46 and a 52 week high of $600.91. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.80 and a current ratio of 2.51. The company has a market cap of $451.15 billion, a PE ratio of 53.35, a price-to-earnings-growth ratio of 1.63 and a beta of 1.67. The firm has a 50 day simple moving average of $436.36 and a 200 day simple moving average of $358.14.

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

Applied Materials Announces Dividend

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

Wall Street Analysts Forecast Growth

AMAT has been the subject of a number of recent analyst reports. Raymond James Financial set a $650.00 target price on shares of Applied Materials in a research report on Wednesday, June 10th. Wall Street Zen upgraded shares of Applied Materials from a “hold” rating to a “buy” rating in a report on Saturday, May 23rd. Needham & Company LLC raised their price objective on shares of Applied Materials from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Cantor Fitzgerald upped their target price on Applied Materials from $575.00 to $650.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 10th. Finally, Susquehanna increased their price target on Applied Materials from $435.00 to $500.00 and gave the company a “positive” rating in a research note on Thursday, April 9th. Twenty-seven equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, Applied Materials has a consensus rating of “Moderate Buy” and an average target price of $483.03.

More Applied Materials News

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

• Positive Sentiment: Applied Materials announced a long-term joint development agreement with EssilorLuxottica to co-develop AR and AI-powered smart eyewear optics, opening a new growth angle beyond its core semiconductor equipment business. Article Title
• Positive Sentiment: The company also unveiled new deposition and selective etch systems designed to improve precision in 3D chip structures, a development aimed at boosting performance and yield for AI chips. Article Title
• Positive Sentiment: Applied Materials opened a new $500 million manufacturing facility in Singapore, signaling continued investment to expand capacity and support demand tied to AI-driven semiconductor equipment growth. Article Title
• Positive Sentiment: Barclays and Cantor Fitzgerald raised their price targets on AMAT, reinforcing bullish sentiment around wafer fab equipment spending and the company’s earnings outlook. Article Title
• Neutral Sentiment: Some commentary noted that AMAT’s valuation has become stretched after a strong rally, which may limit upside even as fundamentals remain solid. Article Title
• Negative Sentiment: One market note said AMAT slipped despite the EssilorLuxottica deal, suggesting investors may be taking profits or waiting for clearer near-term financial impact from the partnership. Article Title

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.