Applied Materials, Inc. $AMAT Position Increased by SVB Wealth LLC

SVB Wealth LLC grew its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 6.5% during the first quarter, Holdings Channel reports. The firm owned 23,873 shares of the manufacturing equipment provider’s stock after acquiring an additional 1,451 shares during the quarter. SVB Wealth LLC’s holdings in Applied Materials were worth $8,159,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of AMAT. Brighton Jones LLC grew its position in shares of Applied Materials by 28.0% during 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 last quarter. Sivia Capital Partners LLC lifted its holdings in Applied Materials by 26.7% in the second quarter. Sivia Capital Partners LLC now owns 3,225 shares of the manufacturing equipment provider’s stock worth $590,000 after acquiring an additional 679 shares during the last quarter. Forefront Wealth Partners LLC bought a new position in Applied Materials in the second quarter worth about $410,000. Schnieders Capital Management LLC. boosted its stake in Applied Materials by 30.1% in the second quarter. Schnieders Capital Management LLC. now owns 15,003 shares of the manufacturing equipment provider’s stock valued at $2,747,000 after acquiring an additional 3,469 shares during the period. Finally, Sei Investments Co. boosted its stake 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 valued at $77,383,000 after acquiring an additional 157,426 shares during the period. 80.56% of the stock is currently owned by institutional investors.

Key Stories Impacting Applied Materials

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

• Positive Sentiment: Citi raised its price target on Applied Materials to $710 from $550 and kept a Buy rating, signaling stronger confidence in the semiconductor equipment maker’s outlook. A Growing Supply Gap Has Analysts Eyeing Applied Materials (AMAT)
• Positive Sentiment: Reuters reported that Applied Materials signed a long-term deal with EssilorLuxottica to develop augmented-reality display technology and AI glasses, expanding its opportunity in emerging wearable and AI-related markets. Applied Materials (AMAT) and EssilorLuxottica Sign Long-Term Deal, Reuters Reports
• Positive Sentiment: Recent commentary says AI demand may help justify AMAT’s premium valuation, with investors focusing on the company’s role in semiconductor and AI infrastructure spending. Applied Materials Is Now More Expensive Than Its Dot-Com Era Peak. AI Demand Justifies the AMAT Stock Valuation.
• Neutral Sentiment: Insider Prabu G. Raja sold 10,000 shares, a routine filing that may draw attention but does not necessarily indicate a change in the company’s fundamentals. SEC Form 4 filing
• Negative Sentiment: Some articles highlighted concerns that AMAT’s valuation is becoming stretched, which could limit near-term upside if growth expectations cool. Applied Materials Stock Looks Pricey—Can AI Demand Justify the Rally?

Insider Buying and Selling at Applied Materials

In other Applied Materials news, insider Prabu G. Raja sold 50,000 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $505.28, for a total value of $25,264,000.00. Following the completion of the sale, the insider directly owned 356,642 shares in the company, valued at $180,204,069.76. This represents a 12.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Gary E. Dickerson sold 71,727 shares of the stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $593.75, for a total value of $42,587,906.25. Following the transaction, the chief executive officer directly owned 1,695,164 shares of the company’s stock, valued at approximately $1,006,503,625. The trade was a 4.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 199,767 shares of company stock valued at $114,104,709. 0.30% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

AMAT has been the topic of a number of research reports. Susquehanna increased their price target on Applied Materials from $435.00 to $500.00 and gave the stock a “positive” rating in a research report on Thursday, April 9th. Royal Bank Of Canada boosted their price objective on Applied Materials from $500.00 to $520.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. Cantor Fitzgerald upped their price objective on Applied Materials from $575.00 to $650.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 10th. Bank of America increased their target price on Applied Materials from $465.00 to $540.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Finally, JPMorgan Chase & Co. raised their target price on Applied Materials from $400.00 to $515.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $495.45.

Applied Materials Stock Performance

AMAT stock opened at $640.18 on Tuesday. The company has a market capitalization of $508.28 billion, a P/E ratio of 60.11, a PEG ratio of 1.72 and a beta of 1.67. The company has a 50-day simple moving average of $455.89 and a 200 day simple moving average of $368.31. Applied Materials, Inc. has a fifty-two week low of $154.46 and a fifty-two week high of $641.18. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22.

Applied Materials (NASDAQ:AMAT) last released its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, beating the consensus estimate of $2.68 by $0.18. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The firm had revenue of $7.91 billion for the quarter, compared to analysts’ expectations of $7.68 billion. During the same quarter last year, the company earned $2.39 EPS. Applied Materials’s quarterly revenue was up 11.4% on a year-over-year basis. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Sell-side analysts predict that Applied Materials, Inc. will post 12.1 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be issued a $0.53 dividend. The ex-dividend date is Thursday, August 20th. This represents a $2.12 annualized dividend and a dividend yield of 0.3%. Applied Materials’s dividend payout ratio (DPR) is 19.91%.

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.