SGL Investment Advisors Inc. Acquires 1,183 Shares of Applied Materials, Inc. $AMAT

SGL Investment Advisors Inc. raised its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 37.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,372 shares of the manufacturing equipment provider’s stock after buying an additional 1,183 shares during the quarter. SGL Investment Advisors Inc.’s holdings in Applied Materials were worth $1,124,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of AMAT. Capital Research Global Investors boosted its stake in shares of Applied Materials by 225.4% in the 3rd 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 purchasing an additional 10,305,182 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Applied Materials by 617.2% in the 3rd 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 purchasing an additional 7,856,576 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Applied Materials by 40.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 12,520,114 shares of the manufacturing equipment provider’s stock valued at $2,563,376,000 after purchasing an additional 3,583,751 shares in the last quarter. Coatue Management LLC acquired a new stake in shares of Applied Materials in the 3rd quarter valued at $685,684,000. Finally, Sanders Capital LLC boosted its stake in shares of Applied Materials by 42.6% in the 3rd quarter. Sanders Capital LLC now owns 10,978,990 shares of the manufacturing equipment provider’s stock valued at $2,247,838,000 after purchasing an additional 3,280,730 shares in the last quarter. Institutional investors own 80.56% of the company’s stock.

Applied Materials Stock Performance

Applied Materials stock opened at $432.16 on Friday. The company has a current ratio of 2.51, a quick ratio of 1.80 and a debt-to-equity ratio of 0.22. Applied Materials, Inc. has a 1 year low of $153.47 and a 1 year high of $448.45. The company has a market cap of $342.97 billion, a PE ratio of 40.58, a PEG ratio of 1.20 and a beta of 1.66. The company’s 50-day moving average is $387.09 and its two-hundred day moving average is $326.06.

Applied Materials (NASDAQ:AMAT) last released its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.68 by $0.18. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The company had revenue of $7.91 billion for the quarter, compared to the consensus estimate of $7.68 billion. During the same period in the prior year, the company posted $2.39 EPS. The company’s revenue was up 11.4% compared to the same quarter last year. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Equities analysts anticipate that Applied Materials, Inc. will post 12.02 earnings per share for the current year.

Applied Materials Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Thursday, May 21st will be given a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Thursday, May 21st. This is a boost from Applied Materials’s previous quarterly dividend of $0.46. Applied Materials’s dividend payout ratio is currently 19.91%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. DZ Bank upgraded shares of Applied Materials to a “hold” rating in a research note on Monday, February 16th. Seaport Research Partners assumed coverage on shares of Applied Materials in a research note on Monday, May 4th. They issued a “buy” rating and a $500.00 target price on the stock. KGI Securities upgraded shares of Applied Materials to an “outperform” rating and set a $425.00 target price on the stock in a research note on Friday, February 13th. HSBC assumed coverage on shares of Applied Materials in a research note on Friday, May 8th. They issued a “buy” rating and a $517.00 target price on the stock. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Applied Materials from $450.00 to $550.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Twenty-seven research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, Applied Materials presently has a consensus rating of “Moderate Buy” and a consensus target price of $465.14.

Insider Transactions at Applied Materials

In other Applied Materials news, Director Judy Bruner sold 3,969 shares of the company’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $377.02, for a total transaction of $1,496,392.38. Following the transaction, the director directly owned 28,589 shares in the company, valued at approximately $10,778,624.78. This represents a 12.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Adam Sanders sold 534 shares of the company’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $379.16, for a total transaction of $202,471.44. Following the transaction, the chief accounting officer owned 4,625 shares in the company, valued at approximately $1,753,615. The trade was a 10.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 7,003 shares of company stock worth $2,678,139. Corporate insiders own 0.30% of the company’s stock.

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.