Applied Materials, Inc. $AMAT Shares Sold by Syntax Research Inc.

Posted by Michael Walen on Sep 4th, 2026

Syntax Research Inc. decreased its holdings in Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 91.0% in the 2nd quarter, HoldingsChannel reports. The fund owned 492 shares of the manufacturing equipment provider’s stock after selling 5,000 shares during the quarter. Syntax Research Inc.’s holdings in Applied Materials were worth $356,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Caldwell Investment Management Ltd. acquired a new stake in shares of Applied Materials during the 2nd quarter valued at approximately $1,589,000. Ausdal Financial Partners Inc. acquired a new stake in shares of Applied Materials in the 2nd quarter worth approximately $4,005,000. Evolve Private Wealth LLC grew its holdings in shares of Applied Materials by 59.0% in the 1st quarter. Evolve Private Wealth LLC now owns 2,875 shares of the manufacturing equipment provider’s stock worth $983,000 after acquiring an additional 1,067 shares during the period. WealthPlan Investment Management LLC purchased a new position in Applied Materials in the 4th quarter valued at approximately $1,082,000. Finally, Ameritas Advisory Services LLC increased its stake in Applied Materials by 183.7% in the 4th quarter. Ameritas Advisory Services LLC now owns 3,073 shares of the manufacturing equipment provider’s stock valued at $790,000 after purchasing an additional 1,990 shares in the last quarter. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

Applied Materials Stock Down 0.6%

Shares of NASDAQ:AMAT opened at $435.91 on Friday. The company has a quick ratio of 1.79, a current ratio of 2.42 and a debt-to-equity ratio of 0.20. Applied Materials, Inc. has a 52-week low of $155.40 and a 52-week high of $739.67. The stock’s fifty day simple moving average is $536.69 and its 200-day simple moving average is $460.63. The company has a market capitalization of $345.94 billion, a P/E ratio of 37.58, a P/E/G ratio of 1.22 and a beta of 1.60.

Applied Materials (NASDAQ:AMAT – Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The manufacturing equipment provider reported $3.50 EPS for the quarter, topping analysts’ consensus estimates of $3.40 by $0.10. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%.The firm had revenue of $9.12 billion during the quarter, compared to analysts’ expectations of $8.99 billion. During the same quarter last year, the business posted $2.48 EPS. 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. As a group, equities research analysts forecast that Applied Materials, Inc. will post 12.76 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

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 dividend of $0.53 per share. The ex-dividend date is Thursday, August 20th. This represents a $2.12 dividend on an annualized basis and a yield of 0.5%. Applied Materials’s dividend payout ratio (DPR) is 18.28%.

Analysts Set New Price Targets

A number of research firms have commented on AMAT. Wells Fargo & Company boosted their target price on Applied Materials from $715.00 to $740.00 and gave the stock an “overweight” rating in a research report on Friday, June 26th. HSBC reaffirmed a “buy” rating and set a $683.00 price target on shares of Applied Materials in a research note on Monday, July 27th. HC Wainwright set a $850.00 price objective on shares of Applied Materials in a research report on Monday, June 29th. B. Riley Financial reissued a “buy” rating and issued a $700.00 price objective (down from $790.00) on shares of Applied Materials in a research note on Friday, August 14th. Finally, Weiss Ratings upgraded shares of Applied Materials from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, August 25th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $658.45.

Read Our Latest Report on AMAT

Applied Materials News Roundup

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

Positive Sentiment: AI infrastructure spending is supporting demand for Applied Materials’ semiconductor equipment, particularly in advanced packaging, DRAM and high-bandwidth memory (HBM). Accelerating global fab investment could sustain growth in wafer-fabrication equipment. AMAT Rides on AI-Led WFE Demand: Can it Sustain the Momentum?
Positive Sentiment: Analysts have raised their Applied Materials earnings expectations, including an increase to the fiscal 2027 EPS estimate. UBS also reportedly sees meaningful potential appreciation, reinforcing the bullish outlook for the stock. FY2027 EPS Estimate for Applied Materials Boosted by Analyst
Positive Sentiment: Management’s forecast was raised twice between February and August. Investors have re-rated AMAT based on improving forward expectations, even though trailing-twelve-month revenue growth was only 7.8%. Why Did Applied Materials Stock Nearly Triple on Single-Digit Trailing Revenue Growth?
Neutral Sentiment: The semiconductor wafer-inspection market is expected to expand through 2035, driven by AI, electric vehicles, advanced nodes and advanced packaging. This supports Applied Materials’ long-term addressable market but does not necessarily provide an immediate earnings catalyst. Semiconductor Wafer Inspection Equipment Market Outlook 2025-2035
Negative Sentiment: Valuation remains the main pressure point. After a roughly 237% five-year gain and a major year-to-date advance, investors may be demanding increasingly strong results to justify AMAT’s premium multiple. Can Applied Materials Still Look Cheap After a 237% Run?
Negative Sentiment: The stock’s recent decline despite record revenue and above-consensus guidance suggests that expectations, profit-taking and concerns about the semiconductor cycle are outweighing the positive operating news. Applied Materials Just Dropped 14% in a Month. Sell Now, or Buy More?

Insider Transactions at Applied Materials

In other news, SVP Omkaram Nalamasu sold 24,263 shares of the firm’s 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 owned 146,916 shares in the company, 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 document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Thomas Iannotti sold 9,250 shares of Applied Materials stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $599.77, for a total value of $5,547,872.50. Following the completion of the sale, the director directly owned 40,559 shares of the company’s stock, valued at approximately $24,326,071.43. This represents a 18.57% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 231,692 shares of company stock worth $146,114,059 in the last three months. 0.30% of the stock is currently owned by company insiders.

Applied Materials Profile

(Free Report)

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.