Livforsakringsbolaget Skandia Omsesidigt Invests $54.63 Million in Applied Materials, Inc. $AMAT

Livforsakringsbolaget Skandia Omsesidigt bought a new stake in Applied Materials, Inc. (NASDAQ:AMAT) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 75,567 shares of the manufacturing equipment provider’s stock, valued at approximately $54,635,000. Applied Materials accounts for 1.8% of Livforsakringsbolaget Skandia Omsesidigt’s investment portfolio, making the stock its 13th biggest holding.

Other hedge funds also recently made changes to their positions in the company. RB Capital Management LLC bought a new position in Applied Materials in the second quarter worth $1,823,000. Orion Capital Management LLC purchased a new stake in shares of Applied Materials in the 2nd quarter worth about $33,000. Glenview Trust Co bought a new position in shares of Applied Materials in the 2nd quarter worth about $38,305,000. North Star Asset Management Inc. purchased a new position in Applied Materials during the 2nd quarter valued at about $793,000. Finally, Concorde Asset Management LLC purchased a new stake in Applied Materials in the second quarter worth about $278,000. 80.56% of the stock is currently owned by institutional investors.

Trending Headlines about Applied Materials

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

• Positive Sentiment: Semiconductor and AI demand remains strong: Recent coverage highlights Applied Materials’ $9.12 billion third-quarter revenue, up 25% year over year, and non-GAAP EPS of $3.50, up 41%. Management cited record demand visibility from AI infrastructure, more than 10 new fab projects during the quarter and fourth-quarter revenue guidance of $10.25 billion. The company is also continuing share repurchases and investing $5 billion in its EPIC Center to accelerate semiconductor innovation. The AI Buildout Is Turning Applied Materials Into A Profit Machine
• Positive Sentiment: New board member adds semiconductor expertise: AMAT appointed Akash Palkhiwala, Qualcomm’s CFO and COO, to its board and Audit Committee. His finance, operations and industry experience could strengthen oversight as Applied Materials pursues growth tied to advanced logic, memory and AI chip production. Applied Materials Appoints Akash Palkhiwala to Board of Directors
• Neutral Sentiment: Options market signals elevated uncertainty: A new analysis says options pricing for roughly one year ahead implies a particularly wide potential trading range, extending materially below and above the current level. That suggests investors should expect significant volatility rather than providing a clear directional signal. How Far Applied Materials Stock Can Move In A Year
• Negative Sentiment: CFO share sale may weigh modestly on sentiment: CFO Brice Hill sold 7,500 AMAT shares for approximately $3.6 million, reducing his direct holdings by 5.51%. The sale does not alter the company’s operating outlook, but insider selling can create a limited short-term sentiment overhang. SEC Insider Transaction Filing

Applied Materials Trading Down 4.3%

NASDAQ:AMAT opened at $461.67 on Friday. The company’s 50 day moving average price is $550.80 and its 200-day moving average price is $456.77. Applied Materials, Inc. has a 52 week low of $154.46 and a 52 week high of $739.67. The company has a quick ratio of 1.79, a current ratio of 2.42 and a debt-to-equity ratio of 0.20. The stock has a market cap of $366.38 billion, a price-to-earnings ratio of 39.80, a PEG ratio of 1.03 and a beta of 1.61.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share for the quarter, beating the consensus estimate of $3.40 by $0.10. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The company had revenue of $9.12 billion during the quarter, compared to the consensus estimate of $8.99 billion. During the same quarter last year, the firm earned $2.48 earnings per share. The firm’s quarterly revenue was up 24.8% compared to the same quarter last year. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. On average, equities research analysts forecast that Applied Materials, Inc. will post 12.73 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

The firm also recently announced 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 dividend yield of 0.5%. Applied Materials’s dividend payout ratio (DPR) is presently 18.28%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. KeyCorp lifted their target price on shares of Applied Materials from $550.00 to $750.00 and gave the company an “overweight” rating in a report on Monday, June 29th. B. Riley Financial reaffirmed a “buy” rating and set a $700.00 price objective (down from $790.00) on shares of Applied Materials in a research report on Friday, August 14th. Morgan Stanley lowered their price objective on Applied Materials from $646.00 to $642.00 and set an “equal weight” rating for the company in a research note on Friday, August 14th. Raymond James Financial set a $650.00 target price on Applied Materials in a report on Wednesday, June 10th. Finally, Royal Bank Of Canada increased their target price on Applied Materials from $520.00 to $600.00 and gave the stock an “outperform” rating in a research note on Friday, August 14th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $657.76.

Insiders Place Their Bets

In related news, SVP Omkaram Nalamasu sold 24,263 shares of the 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 sale, the senior vice president directly owned 146,916 shares of the company’s stock, valued at $87,184,361.88. This trade represents a 14.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Prabu G. Raja sold 10,000 shares of the stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $633.53, for a total value of $6,335,300.00. Following the sale, the insider directly owned 346,642 shares in the company, valued at $219,608,106.26. This trade represents a 2.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 284,192 shares of company stock worth $172,625,209. 0.30% of the stock is owned by corporate insiders.

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.