Meeder Asset Management Inc. Buys 4,167 Shares of Applied Materials, Inc. $AMAT

Meeder Asset Management Inc. raised its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 11.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 40,435 shares of the manufacturing equipment provider’s stock after acquiring an additional 4,167 shares during the quarter. Applied Materials makes up 0.8% of Meeder Asset Management Inc.’s holdings, making the stock its 29th biggest position. Meeder Asset Management Inc.’s holdings in Applied Materials were worth $13,820,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Cornerstone Financial Management LLC purchased a new position in Applied Materials in the fourth quarter valued at approximately $25,000. Wilkerson Advisory Group LLC bought a new stake in shares of Applied Materials in the fourth quarter valued at $26,000. Financial Freedom LLC purchased a new position in shares of Applied Materials during the 1st quarter valued at $28,000. Highline Wealth Partners LLC grew its stake in shares of 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 acquiring an additional 38 shares during the period. Finally, Joseph Group Capital Management purchased a new stake in Applied Materials in the 4th quarter worth about $31,000. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Applied Materials Stock Performance

NASDAQ AMAT opened at $529.66 on Monday. Applied Materials, Inc. has a 52-week low of $154.46 and a 52-week high of $739.67. The company has a fifty day moving average of $533.12 and a 200-day moving average of $414.11. The company has a market capitalization of $420.53 billion, a P/E ratio of 49.73, a P/E/G ratio of 1.35 and a beta of 1.57. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.80 and a current ratio of 2.51.

Applied Materials (NASDAQ:AMAT) last released its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS 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 business had revenue of $7.91 billion for the quarter, compared to analysts’ expectations of $7.68 billion. During the same quarter in the prior year, the firm earned $2.39 earnings per share. The firm’s 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. As a group, equities research analysts predict that Applied Materials, Inc. will post 12.14 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be given a $0.53 dividend. The ex-dividend date 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 presently 19.91%.

Insiders Place Their Bets

In other news, SVP Timothy M. Deane sold 8,621 shares of the company’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $590.76, for a total value of $5,092,941.96. Following the completion of the sale, the senior vice president owned 134,631 shares of the company’s stock, valued at approximately $79,534,609.56. This represents a 6.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Omkaram Nalamasu sold 24,263 shares of Applied Materials stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $593.43, for a total transaction of $14,398,392.09. Following the completion of the transaction, the senior vice president owned 146,916 shares in the company, valued at approximately $87,184,361.88. The trade was a 14.17% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 278,088 shares of company stock valued at $169,654,805 over the last 90 days. Company insiders own 0.30% of the company’s stock.

Applied Materials News Roundup

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

• Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 earnings estimates for Applied Materials and reiterated a Buy rating, signaling confidence in the company’s growth outlook and AI-driven demand.
• Positive Sentiment: Applied Materials CEO comments reinforcing the AI investment thesis may help support longer-term sentiment around the stock. Article link
• Neutral Sentiment: Zacks noted that AMAT has been drawing increased attention from investors, but the piece was mainly a stock-screening update rather than a new fundamental catalyst. Article link
• Neutral Sentiment: Recent commentary suggested Applied Materials may be trading above fair value after a strong multi-year run, which could limit upside even if earnings remain solid. Article link
• Negative Sentiment: A broad semiconductor selloff is pressuring AMAT along with peers like AMD and Intel, as the market rotates out of chip stocks and into other areas. Article link

Analyst Ratings Changes

Several equities analysts have recently weighed in on AMAT shares. Wells Fargo & Company lifted their target price on shares of Applied Materials from $715.00 to $740.00 and gave the stock an “overweight” rating in a research note on Friday, June 26th. Stifel Nicolaus raised their price target on Applied Materials from $530.00 to $650.00 and gave the stock a “buy” rating in a report on Friday, July 10th. Needham & Company LLC increased their price objective on Applied Materials from $530.00 to $740.00 and gave the stock a “buy” rating in a report on Friday, July 10th. Wall Street Zen raised Applied Materials from a “hold” rating to a “buy” rating in a report on Saturday, May 23rd. Finally, KeyCorp raised their price objective on shares of Applied Materials from $550.00 to $750.00 and gave the company an “overweight” rating in a research report on Monday, June 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $593.84.

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.