1,494 Applied Materials, Inc. $AMAT Shares Sold by Patton Albertson Miller Group LLC

Patton Albertson Miller Group LLC reduced its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 4.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 35,358 shares of the manufacturing equipment provider’s stock after selling 1,494 shares during the quarter. Applied Materials comprises 1.8% of Patton Albertson Miller Group LLC’s portfolio, making the stock its 13th biggest holding. Patton Albertson Miller Group LLC’s holdings in Applied Materials were worth $18,081,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of AMAT. JFS Wealth Advisors LLC increased its holdings in shares of Applied Materials by 4.3% during the 2nd quarter. JFS Wealth Advisors LLC now owns 409 shares of the manufacturing equipment provider’s stock worth $296,000 after purchasing an additional 17 shares during the period. Innovative Asset Advisors Group LLC raised its holdings in Applied Materials by 2.1% in the 2nd quarter. Innovative Asset Advisors Group LLC now owns 961 shares of the manufacturing equipment provider’s stock valued at $695,000 after acquiring an additional 20 shares in the last quarter. Stonebridge Financial Group LLC lifted its position in shares of Applied Materials by 2.1% in the 2nd quarter. Stonebridge Financial Group LLC now owns 1,003 shares of the manufacturing equipment provider’s stock worth $725,000 after acquiring an additional 21 shares during the period. N.E.W. Advisory Services LLC lifted its position in shares of Applied Materials by 5.9% in the 2nd quarter. N.E.W. Advisory Services LLC now owns 377 shares of the manufacturing equipment provider’s stock worth $273,000 after acquiring an additional 21 shares during the period. Finally, IMG Wealth Management Inc. lifted its position in shares of Applied Materials by 13.0% in the 2nd quarter. IMG Wealth Management Inc. now owns 183 shares of the manufacturing equipment provider’s stock worth $132,000 after acquiring an additional 21 shares during the period. Institutional investors own 80.56% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Royal Bank Of Canada reissued an “outperform” rating and set a $600.00 price objective on shares of Applied Materials in a report on Wednesday, October 14th. Morgan Stanley cut their target price on Applied Materials from $642.00 to $563.00 and set an “equal weight” rating for the company in a research note on Monday, September 28th. Needham & Company LLC reduced their target price on Applied Materials from $740.00 to $580.00 and set a “buy” rating for the company in a research report on Friday, October 16th. Mizuho decreased their price target on shares of Applied Materials from $650.00 to $590.00 and set an “outperform” rating on the stock in a research note on Tuesday, August 25th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $605.00 price target (down from $680.00) on shares of Applied Materials in a research note on Friday, August 14th. Thirty equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $632.70.

Insider Transactions at Applied Materials

In other news, Director Judy Bruner sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $465.00, for a total value of $465,000.00. Following the completion of the transaction, the director owned 25,544 shares in the company, valued at $11,877,960. This represents a 3.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Adam Sanders sold 725 shares of the company’s stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $544.56, for a total transaction of $394,806.00. Following the completion of the transaction, the chief accounting officer directly owned 3,181 shares of the company’s stock, valued at approximately $1,732,245.36. The trade was a 18.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 9,225 shares of company stock worth $4,454,181 over the last 90 days. 0.30% of the stock is owned by insiders.

Trending Headlines about Applied Materials

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

• Positive Sentiment: Expanded Besi investment strengthens advanced-packaging strategy. Applied Materials agreed to increase its stake in Besi to approximately 20% through an accelerated share purchase. The investment gives AMAT deeper exposure to semiconductor assembly and advanced-packaging equipment, areas expected to benefit from increasingly complex chips and AI infrastructure. Applied Materials to Increase its Strategic Investment in BE Semiconductor Industries
• Positive Sentiment: Margin expansion remains a key bullish theme. Coverage highlighted investor focus on Applied Materials’ ambition to achieve roughly 40% margins. Progress toward that goal could support earnings growth and reinforce the company’s premium valuation. Applied Materials Stocks Gain With 40% Margin Ambition in Focus
• Positive Sentiment: Analyst earnings estimates were raised. Erste Group Bank analysts increased their earnings expectations for AMAT, providing an additional positive signal for the semiconductor-equipment maker’s profit outlook. Erste Group Bank Analysts Raise Earnings Estimates for AMAT
• Neutral Sentiment: Market coverage noted that Applied Materials outperformed the broader market during the latest session, but the report offered limited new fundamental information. Applied Materials Surpasses Market Returns
• Negative Sentiment: AI-spending and valuation risks remain. Bearish commentary argued that cooling enthusiasm toward AI and a potential slowdown in semiconductor capital expenditures could pressure equipment demand, although AMAT’s durable long-term growth prospects may limit the downside. Applied Materials’ Meltdown Is a Gift as Durable Capex Meets Cooling AI Sentiments

Applied Materials Trading Up 2.7%

AMAT stock opened at $387.59 on Tuesday. Applied Materials, Inc. has a fifty-two week low of $203.40 and a fifty-two week high of $739.67. The stock has a market capitalization of $307.59 billion, a price-to-earnings ratio of 33.41, a P/E/G ratio of 1.05 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. The business has a fifty day moving average price of $468.42 and a 200 day moving average price of $440.96.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.40 by $0.10. The business had revenue of $9.12 billion during the quarter, compared to analysts’ expectations of $8.99 billion. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%. The firm’s revenue for the quarter was up 24.8% compared to the same quarter last year. During the same period in the previous year, the business posted $2.48 earnings per share. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. Analysts expect that Applied Materials, Inc. will post 12.79 EPS for the current fiscal year.

Applied Materials Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Thursday, November 19th will be given a dividend of $0.53 per share. The ex-dividend date is Thursday, November 19th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.5%. Applied Materials’s payout ratio is presently 18.28%.

Applied Materials Profile

Applied Materials, Inc is a technology company that supplies equipment, services and software used to manufacture semiconductors and advanced displays. Its products help customers fabricate the integrated circuits and other components used in computers, mobile devices, data centers, automobiles and a range of connected technologies.

The company’s offerings include systems for materials engineering, wafer fabrication, inspection and process control, along with equipment and services designed to improve manufacturing productivity and yield.