Applied Materials, Inc. $AMAT Stake Lowered by Hudson Canyon Capital Management

Hudson Canyon Capital Management reduced its position in Applied Materials, Inc. (NASDAQ:AMAT) by 9.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,650 shares of the manufacturing equipment provider’s stock after selling 1,418 shares during the quarter. Applied Materials accounts for approximately 2.9% of Hudson Canyon Capital Management’s investment portfolio, making the stock its 7th largest holding. Hudson Canyon Capital Management’s holdings in Applied Materials were worth $4,665,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AMAT. Vanguard Group Inc. raised its holdings in shares of Applied Materials by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 76,779,340 shares of the manufacturing equipment provider’s stock valued at $19,731,523,000 after purchasing an additional 330,197 shares in the last quarter. Capital Research Global Investors boosted its stake in shares of Applied Materials by 119.8% during the fourth quarter. Capital Research Global Investors now owns 32,707,049 shares of the manufacturing equipment provider’s stock valued at $8,405,458,000 after purchasing an additional 17,829,377 shares in the last quarter. Morgan Stanley boosted its stake in shares of Applied Materials by 3.4% during the fourth quarter. Morgan Stanley now owns 11,470,835 shares of the manufacturing equipment provider’s stock valued at $2,947,891,000 after purchasing an additional 373,012 shares in the last quarter. Norges Bank purchased a new position in Applied Materials during the fourth quarter valued at approximately $2,858,543,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Applied Materials by 17.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,688,232 shares of the manufacturing equipment provider’s stock valued at $2,746,769,000 after buying an additional 1,558,749 shares during the period. 80.56% of the stock is currently owned by institutional investors.

Applied Materials Stock Up 3.5%

Applied Materials stock opened at $595.70 on Wednesday. Applied Materials, Inc. has a 1-year low of $154.46 and a 1-year high of $739.67. The business has a fifty day moving average price of $525.21 and a 200-day moving average price of $407.88. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.51 and a quick ratio of 1.80. The stock has a market capitalization of $472.96 billion, a price-to-earnings ratio of 55.93, a PEG ratio of 1.46 and a beta of 1.57.

Applied Materials (NASDAQ:AMAT) last announced its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share (EPS) for the quarter, beating 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 company had revenue of $7.91 billion for the quarter, compared to analyst estimates of $7.68 billion. During the same period in the prior year, the company posted $2.39 EPS. The firm’s quarterly 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 research analysts forecast that Applied Materials, Inc. will post 12.13 EPS for the current fiscal year.

Applied Materials Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be given a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, August 20th. Applied Materials’s dividend payout ratio (DPR) is presently 19.91%.

Key Headlines Impacting Applied Materials

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

• Positive Sentiment: Applied Materials gained attention after reports of a 10-year AI packaging partnership with TSMC, reinforcing its role in the AI supply chain. Applied Materials (AMAT) Lands 10 Year TSMC AI Packaging Partnership
• Positive Sentiment: Analysts and commentators remain upbeat on AMAT’s AI demand outlook, with Bernstein rating the stock a Buy and Stifel-style bullish commentary saying the company should benefit from a long AI investment cycle. Applied Materials (AMAT) Gets a Buy from Bernstein
• Positive Sentiment: Applied Materials was included in lists of AI beneficiaries poised to produce strong cash flow and capitalize on heavy semiconductor infrastructure spending. The AI Boom Isn’t Over: 3 Stocks to Buy for 2H 2026
• Neutral Sentiment: Market headlines also noted Morgan Stanley kept an Equal Weight rating on AMAT, which is supportive but not a strong bullish signal. Morgan Stanley Maintains an “Equal Weight” Rating on Applied Materials, Inc. (AMAT)
• Negative Sentiment: Earlier trading saw AMAT fall with the broader chip sector after weakness in Asian semiconductor names and an oil-price spike pressured tech stocks. Intel, AMD, and Applied Materials Drop 4% as SK Hynix Rout and Oil Spike Hit Chip Stocks

Insider Transactions at Applied Materials

In related news, insider Prabu G. Raja sold 50,000 shares of Applied Materials stock in a transaction that occurred on Thursday, June 4th. The shares were 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 trade represents a 12.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Thomas J. Iannotti sold 9,250 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $599.77, for a total transaction of $5,547,872.50. Following the sale, the director directly owned 40,559 shares in the company, valued at approximately $24,326,071.43. This represents a 18.57% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 278,088 shares of company stock worth $169,654,805 over the last ninety days. 0.30% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have weighed in on AMAT shares. Erste Group Bank upgraded Applied Materials from a “hold” rating to a “buy” rating in a report on Monday, April 27th. Deutsche Bank Aktiengesellschaft lifted their price target on Applied Materials from $450.00 to $550.00 and gave the company a “buy” rating in a report on Friday, May 15th. Jefferies Financial Group boosted their price target on Applied Materials from $510.00 to $770.00 and gave the stock a “buy” rating in a research report on Friday, June 26th. Wolfe Research upped their price objective on Applied Materials from $500.00 to $550.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $525.00 price objective on shares of Applied Materials in a research report on Friday, May 15th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $589.48.

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.