Quantinno Capital Management LP Grows Stock Position in Applied Materials, Inc. $AMAT

Quantinno Capital Management LP lifted its position in Applied Materials, Inc. (NASDAQ:AMAT) by 19.8% during the first quarter, HoldingsChannel.com reports. The fund owned 471,966 shares of the manufacturing equipment provider’s stock after acquiring an additional 78,133 shares during the period. Quantinno Capital Management LP’s holdings in Applied Materials were worth $161,314,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in AMAT. Private Wealth Management Group LLC lifted its holdings in Applied Materials by 4.9% in the 1st quarter. Private Wealth Management Group LLC now owns 531 shares of the manufacturing equipment provider’s stock valued at $181,000 after purchasing an additional 25 shares in the last quarter. One Day In July LLC boosted its stake in Applied Materials by 2.4% during the 1st quarter. One Day In July LLC now owns 1,089 shares of the manufacturing equipment provider’s stock worth $372,000 after purchasing an additional 26 shares during the last quarter. Pinnacle Bancorp Inc. grew its holdings in shares of Applied Materials by 1.3% during the first quarter. Pinnacle Bancorp Inc. now owns 2,082 shares of the manufacturing equipment provider’s stock worth $712,000 after buying an additional 27 shares in the last quarter. Horst & Graben Wealth Management LLC grew its holdings in shares of Applied Materials by 2.1% during the first quarter. Horst & Graben Wealth Management LLC now owns 1,304 shares of the manufacturing equipment provider’s stock worth $446,000 after buying an additional 27 shares in the last quarter. Finally, Warther Private Wealth LLC raised its position in shares of Applied Materials by 1.5% in the fourth quarter. Warther Private Wealth LLC now owns 1,908 shares of the manufacturing equipment provider’s stock valued at $490,000 after buying an additional 28 shares during the last quarter. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

Applied Materials Stock Performance

Shares of Applied Materials stock opened at $516.89 on Tuesday. Applied Materials, Inc. has a 52 week low of $154.46 and a 52 week high of $739.67. The business’s fifty day simple moving average is $546.28 and its 200-day simple moving average is $425.63. The firm has a market cap of $410.39 billion, a PE ratio of 48.53, a price-to-earnings-growth ratio of 1.36 and a beta of 1.57. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, topping analysts’ consensus estimates of $2.68 by $0.18. The business 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 company’s revenue was up 11.4% compared to the same quarter last year. During the same period in the prior year, the business posted $2.39 EPS. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Equities analysts forecast that Applied Materials, Inc. will post 12.14 earnings per share for the current year.

Applied Materials Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be paid a dividend of $0.53 per share. 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 (DPR) is 19.91%.

Insider Buying and Selling at Applied Materials

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on AMAT shares. Stifel Nicolaus boosted their price target on shares of Applied Materials from $530.00 to $650.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. UBS Group increased their price objective on shares of Applied Materials from $570.00 to $705.00 and gave the company a “buy” rating in a report on Wednesday, July 15th. TD Cowen raised their target price on shares of Applied Materials from $525.00 to $700.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. Erste Group Bank upgraded Applied Materials from a “hold” rating to a “buy” rating in a report on Monday, April 27th. Finally, Wolfe Research upped their price target on Applied Materials from $500.00 to $550.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, Applied Materials currently has a consensus rating of “Moderate Buy” and a consensus target price of $599.19.

Applied Materials 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.