Sequoia Financial Advisors LLC Has $17.47 Million Stock Holdings in Applied Materials, Inc. $AMAT

Sequoia Financial Advisors LLC raised its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 8.5% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 51,107 shares of the manufacturing equipment provider’s stock after acquiring an additional 3,995 shares during the period. Sequoia Financial Advisors LLC’s holdings in Applied Materials were worth $17,468,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in AMAT. Brighton Jones LLC increased its stake in shares of Applied Materials by 28.0% in the 4th quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock valued at $2,061,000 after acquiring an additional 2,771 shares during the last quarter. Sivia Capital Partners LLC grew its holdings in Applied Materials by 26.7% during the second 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 acquired a new position in Applied Materials during the second quarter valued at approximately $410,000. Schnieders Capital Management LLC. increased its stake in Applied Materials by 30.1% in the second 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 in the last quarter. Finally, Sei Investments Co. increased its stake in Applied Materials by 59.3% in the second 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 in the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Insider Activity at Applied Materials

In other Applied Materials news, SVP Timothy M. Deane sold 8,621 shares of Applied Materials stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $590.76, for a total value of $5,092,941.96. Following the transaction, the senior vice president owned 134,631 shares in the company, valued at $79,534,609.56. The trade was a 6.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Gary E. Dickerson sold 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $735.22, for a total transaction of $14,704,400.00. Following the completion of the transaction, the chief executive officer owned 1,599,843 shares of the company’s stock, valued at approximately $1,176,236,570.46. This trade represents a 1.23% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 278,088 shares of company stock worth $169,654,805 in the last quarter. 0.30% of the stock is currently owned by corporate insiders.

Applied Materials Stock Up 2.4%

Shares of Applied Materials stock traded up $13.84 during trading on Friday, reaching $602.50. The stock had a trading volume of 6,270,022 shares, compared to its average volume of 12,077,411. Applied Materials, Inc. has a 52 week low of $154.46 and a 52 week high of $739.67. The company has a current ratio of 2.51, a quick ratio of 1.80 and a debt-to-equity ratio of 0.22. The stock has a fifty day moving average price of $517.90 and a two-hundred day moving average price of $402.29. The company has a market capitalization of $478.36 billion, a price-to-earnings ratio of 56.57, a P/E/G ratio of 1.67 and a beta of 1.57.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, beating the consensus estimate of $2.68 by $0.18. The firm had revenue of $7.91 billion during the quarter, compared to analysts’ expectations of $7.68 billion. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The business’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Sell-side analysts predict that Applied Materials, Inc. will post 12.13 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders 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%.

Key Headlines Impacting Applied Materials

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

• Positive Sentiment: Applied Materials rallied after CEO Gary Dickerson said chipmakers have “tremendous visibility” into demand, implying the AI investment cycle could support equipment orders for years rather than quarters. Applied Materials (AMAT) Stock Jumps after CEO Says AI Chip Demand Has Years to Run
• Positive Sentiment: Meta Platforms’ reported plan to begin manufacturing an in-house AI chip helped spark a broader rally in semiconductor equipment stocks, including Applied Materials, on expectations that AI infrastructure spending will remain strong. Applied Materials stock jumps as Meta AI chip plan lifts semiconductor names
• Positive Sentiment: Stifel and Needham both raised their price targets on AMAT and kept buy ratings, reinforcing the view that improving fundamentals and AI-driven demand could support further upside. Applied Materials PT Raised to $650 at Stifel
• Neutral Sentiment: Applied Materials was removed from several Russell value-oriented indices in late June, a classification change that reflects the stock’s shift toward being viewed more as an AI/semiconductor growth name than a value stock. How Investors Are Reacting To Applied Materials (AMAT) Being Dropped From Key Russell Value Indices
• Neutral Sentiment: Short-interest data showed no reported short interest as of July 10, offering little evidence of bearish positioning from the latest filing.

Analysts Set New Price Targets

A number of analysts recently commented on AMAT shares. Wolfe Research upped their price objective on shares of Applied Materials from $500.00 to $550.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. Deutsche Bank Aktiengesellschaft lifted their target price on Applied Materials from $450.00 to $550.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Sanford C. Bernstein restated an “outperform” rating and issued a $525.00 price target on shares of Applied Materials in a report on Friday, May 15th. Mizuho raised their price target on Applied Materials from $540.00 to $650.00 and gave the stock an “outperform” rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. lifted their price objective on Applied Materials from $400.00 to $515.00 and gave the company an “overweight” rating in a report on Friday, May 15th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, Applied Materials has a consensus rating of “Moderate Buy” and an average target price of $589.48.

Applied Materials Company 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.