Timothy Deane Sells 8,621 Shares of Applied Materials (NASDAQ:AMAT) Stock

Applied Materials, Inc. (NASDAQ:AMAT) SVP Timothy Deane sold 8,621 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $590.76, for a total value of $5,092,941.96. Following the completion of the transaction, the senior vice president directly owned 134,631 shares of the company’s stock, valued at approximately $79,534,609.56. The trade was a 6.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

Applied Materials Price Performance

Applied Materials stock traded up $24.69 during mid-day trading on Wednesday, hitting $592.92. 11,009,669 shares of the company were exchanged, compared to its average volume of 7,645,653. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22. The business has a fifty day moving average of $436.36 and a 200 day moving average of $358.14. Applied Materials, Inc. has a 1-year low of $154.46 and a 1-year high of $623.35. The company has a market capitalization of $470.75 billion, a PE ratio of 55.67, a price-to-earnings-growth ratio of 1.63 and a beta of 1.67.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.68 by $0.18. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The firm had revenue of $7.91 billion during the quarter, compared to analyst estimates of $7.68 billion. During the same period in the prior year, the company posted $2.39 earnings per share. The business’s revenue for the quarter 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. As a group, sell-side analysts expect that Applied Materials, Inc. will post 12.1 earnings per share for the current year.

Applied Materials Announces Dividend

The company 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 dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, August 20th. Applied Materials’s dividend payout ratio (DPR) is currently 19.91%.

Applied Materials News Roundup

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

• Positive Sentiment: Citi’s higher price target and broader optimism around AI spending are fueling demand for semiconductor equipment stocks, with AMAT singled out as a beneficiary. Applied Materials surges as Citi lifts target on AI demand boom
• Positive Sentiment: Applied Materials unveiled SENZ, a fully integrated visual system for next-generation smart glasses, expanding its addressable market beyond semiconductor tools and into AI/AR hardware infrastructure. Applied Materials shares jump on launch of integrated AR smart glasses system
• Positive Sentiment: Its Semiconductor Systems segment is still benefiting from AI-driven chip investments, with record revenue and strength in advanced packaging pointing to continued momentum in 2026. Can AMAT’s Semiconductor Systems Segment Sustain Momentum in 2026?
• Positive Sentiment: A long-term partnership with EssilorLuxottica to develop AR optics and AI-powered smart eyewear gives AMAT another growth narrative and supports the view that the company is building new revenue streams. EssilorLuxottica and Applied Materials Join Forces to Advance Augmented Reality Optics Platforms for Next-Generation Smart Glasses
• Neutral Sentiment: Several commentary pieces argue that semiconductor equipment suppliers are capturing outsized value in the AI supply chain, reinforcing a favorable industry backdrop for AMAT. Why Semiconductor Equipment Suppliers Are Crushing Their Customers in 2026
• Negative Sentiment: Some market commentary notes AMAT’s valuation has become stretched, which could make the stock more vulnerable if AI demand or analyst enthusiasm cools. Applied Materials valuation tops dot-com peak

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on AMAT. Cantor Fitzgerald raised their price objective on shares of Applied Materials from $575.00 to $650.00 and gave the stock an “overweight” rating in a report on Wednesday, June 10th. JPMorgan Chase & Co. raised their price target on Applied Materials from $400.00 to $515.00 and gave the company an “overweight” rating in a report on Friday, May 15th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Applied Materials in a report on Friday, March 27th. Citigroup raised their price target on Applied Materials from $550.00 to $710.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Barclays raised their target price on Applied Materials from $500.00 to $590.00 and gave the company an “overweight” rating in a research note on Thursday, June 11th. Twenty-seven research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $489.16.

Institutional Trading of Applied Materials

A number of hedge funds and other institutional investors have recently modified their holdings of AMAT. Brighton Jones LLC increased its stake in shares of Applied Materials by 28.0% in the 4th quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock valued at $2,061,000 after buying an additional 2,771 shares during the period. Sivia Capital Partners LLC increased its stake in shares of Applied Materials by 26.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,225 shares of the manufacturing equipment provider’s stock valued at $590,000 after buying an additional 679 shares during the period. Forefront Wealth Partners LLC acquired a new stake in shares of Applied Materials in the 2nd quarter valued at $410,000. Schnieders Capital Management LLC. increased its stake in shares of Applied Materials by 30.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 15,003 shares of the manufacturing equipment provider’s stock valued at $2,747,000 after buying an additional 3,469 shares during the period. Finally, Sei Investments Co. increased its position in Applied Materials by 59.3% in the second quarter. Sei Investments Co. now owns 422,694 shares of the manufacturing equipment provider’s stock worth $77,383,000 after purchasing an additional 157,426 shares during the period. Institutional investors and hedge funds own 80.56% 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.