Kintra Wealth LLC Acquires 1,124 Shares of Applied Materials, Inc. $AMAT

Kintra Wealth LLC grew its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 17.9% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,396 shares of the manufacturing equipment provider’s stock after buying an additional 1,124 shares during the quarter. Kintra Wealth LLC’s holdings in Applied Materials were worth $5,347,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. BlackRock Inc. lifted its stake in Applied Materials by 1.6% during the second quarter. BlackRock Inc. now owns 80,212,518 shares of the manufacturing equipment provider’s stock worth $57,993,650,000 after purchasing an additional 1,237,685 shares during the period. Capital Research Global Investors boosted its holdings in Applied Materials by 119.8% during the fourth quarter. Capital Research Global Investors now owns 32,707,049 shares of the manufacturing equipment provider’s stock valued at $8,405,458,000 after purchasing an additional 17,829,377 shares in the last quarter. Morgan Stanley grew its stake in shares of Applied Materials by 3.4% in the 4th quarter. Morgan Stanley now owns 11,470,835 shares of the manufacturing equipment provider’s stock valued at $2,947,891,000 after purchasing an additional 373,012 shares during the period. Norges Bank acquired a new position in shares of Applied Materials in the 4th quarter worth approximately $2,858,543,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Applied Materials by 17.1% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,688,232 shares of the manufacturing equipment provider’s stock worth $2,746,769,000 after buying an additional 1,558,749 shares in the last quarter. 80.56% of the stock is owned by institutional investors.

Applied Materials News Roundup

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

• Positive Sentiment: AI-driven equipment demand remains the main catalyst. Growth in advanced packaging, DRAM and high-bandwidth memory (HBM), along with accelerating global fab investment, is strengthening the outlook for Applied Materials’ equipment orders. AMAT Rides on AI-Led WFE Demand: Can it Sustain the Momentum?
• Positive Sentiment: Raised forecasts have driven a major valuation re-rating. Although trailing-twelve-month revenue growth was only 7.8%, management reportedly increased its forecast twice between February and August as semiconductor demand expectations improved. That forward-growth story helps explain the stock’s roughly 180% one-year return. Why Did Applied Materials Stock Nearly Triple On Single-Digit Trailing Revenue Growth?
• Positive Sentiment: Analyst expectations are improving. UBS projected strong potential appreciation for AMAT, while another analyst raised the fiscal 2027 EPS estimate, signaling continued confidence in earnings growth and semiconductor capital spending. UBS Group Forecasts Strong Price Appreciation for Applied Materials FY2027 EPS Estimate for Applied Materials Boosted by Analyst
• Neutral Sentiment: Valuation remains a key debate. Despite a recent pullback, AMAT has gained about 237% over five years, leaving investors questioning how much AI and semiconductor-cycle optimism is already reflected in the shares. Can Applied Materials Still Look Cheap After a 237% Run?
• Negative Sentiment: Industry-cycle risks have not disappeared. Optimism about a permanently stronger semiconductor cycle is tempered by potential memory-capacity imbalances, which could pressure chipmakers’ capital spending if supply expands faster than demand. SEMIs CEO Has Watched Four Decades of Chip Cycles

Insider Buying and Selling at Applied Materials

In other Applied Materials news, Director Thomas Iannotti sold 9,250 shares of the business’s stock in a transaction dated 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 transaction, the director directly owned 40,559 shares of the company’s stock, valued at approximately $24,326,071.43. The trade was a 18.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Prabu Raja sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $633.53, for a total transaction of $6,335,300.00. Following the transaction, the insider owned 346,642 shares in the company, valued at $219,608,106.26. The trade was a 2.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 231,692 shares of company stock worth $146,114,059 over the last quarter. Corporate insiders own 0.30% of the company’s stock.

Applied Materials Stock Up 4.3%

NASDAQ AMAT opened at $454.71 on Friday. The stock’s 50 day simple moving average is $533.24 and its 200 day simple moving average is $460.59. Applied Materials, Inc. has a one year low of $158.82 and a one year high of $739.67. The firm has a market cap of $360.86 billion, a PE ratio of 39.20, a price-to-earnings-growth ratio of 1.27 and a beta of 1.60. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.42 and a quick ratio of 1.79.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings data on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.40 by $0.10. The firm had revenue of $9.12 billion during the quarter, compared to the consensus estimate of $8.99 billion. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%.The business’s revenue for the quarter was up 24.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.48 EPS. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. As a group, sell-side analysts forecast that Applied Materials, Inc. will post 12.76 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, August 20th. Applied Materials’s payout ratio is currently 18.28%.

Wall Street Analyst Weigh In

AMAT has been the topic of several recent analyst reports. Raymond James Financial set a $650.00 price target on Applied Materials in a research note on Wednesday, June 10th. Morgan Stanley cut their price objective on Applied Materials from $646.00 to $642.00 and set an “equal weight” rating for the company in a report on Friday, August 14th. Seaport Research Partners restated a “buy” rating and issued a $575.00 target price on shares of Applied Materials in a research note on Friday, August 14th. Citigroup reaffirmed a “buy” rating on shares of Applied Materials in a report on Monday, August 3rd. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $645.00 target price on shares of Applied Materials in a research report on Monday, August 3rd. One investment 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. According to data from MarketBeat, Applied Materials presently has an average rating of “Moderate Buy” and a consensus price target of $658.45.

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.