WNY Asset Management LLC Buys Shares of 1,140 Applied Materials, Inc. $AMAT

WNY Asset Management LLC bought a new position in Applied Materials, Inc. (NASDAQ:AMAT) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,140 shares of the manufacturing equipment provider’s stock, valued at approximately $390,000.

Several other hedge funds have also recently modified their holdings of the business. Private Wealth Management Group LLC lifted its holdings in shares of Applied Materials by 4.9% during the first quarter. Private Wealth Management Group LLC now owns 531 shares of the manufacturing equipment provider’s stock valued at $181,000 after purchasing an additional 25 shares in the last quarter. One Day In July LLC increased its holdings in Applied Materials by 2.4% in the 1st quarter. One Day In July LLC now owns 1,089 shares of the manufacturing equipment provider’s stock worth $372,000 after buying an additional 26 shares in the last quarter. Pinnacle Bancorp Inc. increased its holdings in Applied Materials by 1.3% in the 1st quarter. Pinnacle Bancorp Inc. now owns 2,082 shares of the manufacturing equipment provider’s stock worth $712,000 after buying an additional 27 shares in the last quarter. Horst & Graben Wealth Management LLC raised its position in Applied Materials by 2.1% in the 1st quarter. Horst & Graben Wealth Management LLC now owns 1,304 shares of the manufacturing equipment provider’s stock worth $446,000 after buying an additional 27 shares during the last quarter. Finally, Warther Private Wealth LLC raised its position in Applied Materials by 1.5% in the 4th quarter. Warther Private Wealth LLC now owns 1,908 shares of the manufacturing equipment provider’s stock worth $490,000 after buying an additional 28 shares during the last quarter. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Trending Headlines about Applied Materials

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

• Positive Sentiment: Semiconductor stocks rallied this week on strong technology earnings, while three semiconductor ETFs ranked among the largest recipients of new investor cash. The sector-wide buying provides a favorable backdrop for Applied Materials. Semiconductor ETFs Draw Cash This Week as Chip Stocks Rally
• Positive Sentiment: A bullish analysis maintains a “Strong Buy” view after AMAT’s substantial multiyear advance, citing the company’s exposure to AI-driven semiconductor equipment demand and continued operating momentum. Applied Materials: Why I’m Maintaining A Strong Buy After A 45% Run
• Positive Sentiment: Zacks highlighted Applied Materials’ AI-driven momentum, record results, expanding margins and improving customer visibility. These factors reinforce expectations for durable growth. AMAT recently exceeded quarterly earnings and revenue estimates, with revenue increasing year over year and upbeat quarterly earnings guidance. The Zacks Analyst Blog Highlights Applied Materials
• Neutral Sentiment: Coverage of Lam Research’s surge indicates that AI equipment demand was already visible in industry results. This supports the semiconductor-equipment cycle generally, although it does not provide a company-specific update for AMAT. Lam Research Stock’s Surge Was Building In Plain Sight
• Negative Sentiment: Despite long-term support from initiatives such as the AI Materials Foundry, one valuation analysis argues that AMAT may not be a bargain after a 218.9% five-year gain. The elevated valuation and high expectations could limit additional upside or increase sensitivity to any slowdown in AI-related spending. Applied Materials Stock May Not Be A Bargain Despite AI Materials Foundry News

Applied Materials Price Performance

Shares of NASDAQ:AMAT opened at $507.67 on Friday. 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 stock has a market capitalization of $403.07 billion, a PE ratio of 47.67, a price-to-earnings-growth ratio of 1.29 and a beta of 1.57. The firm’s 50 day moving average price is $550.86 and its 200-day moving average price is $429.98. Applied Materials, Inc. has a twelve month low of $154.46 and a twelve month high of $739.67.

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. The company had revenue of $7.91 billion during the quarter, compared to analyst estimates of $7.68 billion. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The firm’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same period in the previous year, the business posted $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Equities research analysts expect that Applied Materials, Inc. will post 12.14 EPS for the current year.

Applied Materials Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be paid a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Thursday, August 20th. Applied Materials’s dividend payout ratio (DPR) is currently 19.91%.

Insider Activity

In other news, CEO Gary E. Dickerson sold 20,000 shares of the business’s stock in a transaction on Tuesday, June 30th. The shares were sold at an average price of $735.22, for a total transaction of $14,704,400.00. Following the completion of the sale, the chief executive officer owned 1,599,843 shares of the company’s stock, valued at $1,176,236,570.46. The trade was a 1.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Timothy M. Deane sold 8,621 shares of the company’s stock in a transaction 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 sale, the senior vice president owned 134,631 shares of the company’s stock, valued at $79,534,609.56. This trade represents a 6.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 278,088 shares of company stock worth $169,654,805. Company insiders own 0.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on AMAT shares. KeyCorp boosted their price objective on shares of Applied Materials from $550.00 to $750.00 and gave the company an “overweight” rating in a report on Monday, June 29th. Raymond James Financial set a $650.00 target price on shares of Applied Materials in a report on Wednesday, June 10th. Citigroup lifted their target price on shares of Applied Materials from $550.00 to $710.00 and gave the stock a “buy” rating in a research report on Wednesday, June 17th. Seaport Research Partners started coverage on shares of Applied Materials in a research note on Monday, May 4th. They set a “buy” rating and a $500.00 target price for the company. Finally, Truist Financial set a $575.00 price target on Applied Materials in a report on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $599.19.

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.