Third View Private Wealth LLC Makes New Investment in Applied Materials, Inc. $AMAT

Third View Private Wealth LLC acquired a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 1,312 shares of the manufacturing equipment provider’s stock, valued at approximately $337,000.

A number of other hedge funds have also recently modified their holdings of the business. Capital Research Global Investors grew its stake in shares of Applied Materials by 225.4% during the third quarter. Capital Research Global Investors now owns 14,877,672 shares of the manufacturing equipment provider’s stock valued at $3,046,057,000 after buying an additional 10,305,182 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of Applied Materials by 40.1% during the third quarter. Ameriprise Financial Inc. now owns 12,520,114 shares of the manufacturing equipment provider’s stock valued at $2,563,376,000 after buying an additional 3,583,751 shares during the last quarter. Sanders Capital LLC grew its stake in shares of Applied Materials by 42.6% during the third quarter. Sanders Capital LLC now owns 10,978,990 shares of the manufacturing equipment provider’s stock valued at $2,247,838,000 after buying an additional 3,280,730 shares during the last quarter. Van ECK Associates Corp grew its stake in shares of Applied Materials by 19.0% during the third quarter. Van ECK Associates Corp now owns 10,552,132 shares of the manufacturing equipment provider’s stock valued at $2,160,443,000 after buying an additional 1,681,911 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Applied Materials by 617.2% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,129,483 shares of the manufacturing equipment provider’s stock valued at $1,869,170,000 after buying an additional 7,856,576 shares during the last quarter. Institutional investors own 80.56% of the company’s stock.

Applied Materials Stock Down 0.0%

Shares of NASDAQ AMAT opened at $395.64 on Wednesday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.94 and a current ratio of 2.71. The firm has a market capitalization of $313.98 billion, a price-to-earnings ratio of 40.50, a PEG ratio of 1.76 and a beta of 1.64. The stock has a 50 day moving average price of $354.75 and a 200 day moving average price of $291.92. Applied Materials, Inc. has a 52-week low of $132.80 and a 52-week high of $407.29.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings results on Thursday, February 12th. The manufacturing equipment provider reported $2.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.21 by $0.17. The firm had revenue of $7.01 billion during the quarter, compared to analyst estimates of $6.88 billion. Applied Materials had a return on equity of 37.52% and a net margin of 27.78%.Applied Materials’s quarterly revenue was down 2.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.38 earnings per share. Applied Materials has set its Q2 2026 guidance at 2.440-2.840 EPS. Sell-side analysts expect that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Thursday, May 21st will be issued a $0.53 dividend. The ex-dividend date is Thursday, May 21st. This is a positive change from Applied Materials’s previous quarterly dividend of $0.46. 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 18.83%.

Analyst Upgrades and Downgrades

AMAT has been the topic of a number of analyst reports. Citigroup upped their target price on Applied Materials from $400.00 to $420.00 and gave the company a “buy” rating in a research note on Friday, February 13th. TD Cowen upped their target price on Applied Materials from $315.00 to $450.00 and gave the company a “buy” rating in a research note on Friday, February 13th. B. Riley Financial upped their target price on Applied Materials from $450.00 to $485.00 and gave the company a “buy” rating in a research note on Monday. KeyCorp upped their target price on Applied Materials from $380.00 to $450.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $450.00 price target on shares of Applied Materials in a report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, Applied Materials has a consensus rating of “Moderate Buy” and an average price target of $368.29.

Insider Activity at Applied Materials

In other Applied Materials news, CFO Brice Hill sold 5,000 shares of the company’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $361.21, for a total transaction of $1,806,050.00. Following the completion of the sale, the chief financial officer owned 138,565 shares in the company, valued at $50,051,063.65. This represents a 3.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Adam Sanders sold 534 shares of the company’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $379.16, for a total value of $202,471.44. Following the sale, the chief accounting officer owned 4,625 shares of the company’s stock, valued at approximately $1,753,615. This represents a 10.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 12,003 shares of company stock worth $4,484,189. Company insiders own 0.30% of the company’s stock.

Applied Materials Company 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.