USA Financial Formulas Buys 4,746 Shares of Applied Materials, Inc. $AMAT

USA Financial Formulas boosted its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 12,489.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,784 shares of the manufacturing equipment provider’s stock after purchasing an additional 4,746 shares during the quarter. Applied Materials comprises about 0.3% of USA Financial Formulas’ holdings, making the stock its 18th biggest position. USA Financial Formulas’ holdings in Applied Materials were worth $1,635,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in AMAT. Capital Research Global Investors lifted its holdings in shares of Applied Materials by 119.8% in the 4th quarter. Capital Research Global Investors now owns 32,707,049 shares of the manufacturing equipment provider’s stock worth $8,405,458,000 after purchasing an additional 17,829,377 shares in the last quarter. Norges Bank acquired a new stake in Applied Materials in the 4th quarter valued at $2,858,543,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Applied Materials by 617.2% during 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. Auto Owners Insurance Co raised its holdings in Applied Materials by 25,824.4% during the fourth quarter. Auto Owners Insurance Co now owns 3,370,167 shares of the manufacturing equipment provider’s stock worth $86,610,000 after buying an additional 3,357,167 shares during the last quarter. Finally, Coatue Management LLC raised its holdings in Applied Materials by 78.7% during the fourth quarter. Coatue Management LLC now owns 5,984,332 shares of the manufacturing equipment provider’s stock worth $1,537,913,000 after buying an additional 2,635,284 shares during the last quarter. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Gary E. Dickerson sold 71,727 shares of the business’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $593.75, for a total value of $42,587,906.25. Following the completion of the transaction, the chief executive officer owned 1,695,164 shares in the company, valued at $1,006,503,625. The trade was a 4.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Timothy M. Deane sold 8,621 shares of Applied Materials 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 directly owned 134,631 shares of the company’s stock, valued at $79,534,609.56. The trade was a 6.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 278,088 shares of company stock worth $169,654,805 over the last 90 days. 0.30% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. HC Wainwright set a $850.00 target price on shares of Applied Materials in a research report on Monday, June 29th. JPMorgan Chase & Co. raised their price target on shares of Applied Materials from $515.00 to $660.00 and gave the company an “overweight” rating in a research report on Friday. Sanford C. Bernstein lifted their price target on Applied Materials from $675.00 to $700.00 and gave the company an “outperform” rating in a research note on Friday. Needham & Company LLC reissued a “buy” rating and issued a $740.00 price objective on shares of Applied Materials in a research note on Friday. Finally, Bank of America dropped their target price on Applied Materials from $720.00 to $650.00 and set a “buy” rating on the stock in a report on Friday. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $640.17.

Key Stories Impacting Applied Materials

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

• Positive Sentiment: Applied Materials reported fiscal third-quarter revenue of approximately $9.12 billion, up 24.8% year over year, while adjusted earnings of $3.50 per share exceeded consensus estimates. Management’s fiscal fourth-quarter revenue outlook of roughly $10.25 billion was also well above analyst expectations, signaling continued momentum. AMAT Q2 Deep Dive: AI Demand and Advanced Packaging Drive Guidance Upside, Market Reacts Cautiously
• Positive Sentiment: Several analysts remained constructive: B. Riley and Needham reiterated buy ratings, while price targets were raised to $600 and $660. These revisions reflect confidence in Applied Materials’ earnings growth and exposure to AI-related chip manufacturing. Applied Materials’ Buy Rating Reiterated at B. Riley Financial Applied Materials Price Target Raised to $600 Applied Materials Price Target Raised to $660
• Positive Sentiment: Investment commentary highlights AMAT as a potential beneficiary of the AI-driven memory surge. Higher memory spending and advanced semiconductor production could support equipment demand beyond the current earnings cycle. Why Applied Materials Could Be a Major Winner of the AI Memory Surge
• Neutral Sentiment: Market coverage characterizes the earnings report as fundamentally strong but notes that investors reacted cautiously, implying that much of the growth may already be reflected in the share price. Applied Materials: When Beating Wall Street Numbers Isn’t Enough
• Negative Sentiment: Despite record results and guidance, AMAT remains more than 25% below its 52-week high and trades at a premium earnings multiple. That valuation raises the risk of profit-taking or disappointment if AI and memory spending slows. Applied Materials Trades More Than 25% Below Its High With Revenue at a Record

Applied Materials Price Performance

Shares of Applied Materials stock opened at $535.31 on Tuesday. The company has a fifty day moving average of $565.01 and a 200-day moving average of $447.20. Applied Materials, Inc. has a 52-week low of $154.46 and a 52-week high of $739.67. The stock has a market capitalization of $425.01 billion, a price-to-earnings ratio of 46.15, a price-to-earnings-growth ratio of 1.25 and a beta of 1.61. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.79 and a current ratio of 2.42.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings data on Thursday, August 13th. The manufacturing equipment provider reported $3.50 EPS for the quarter, beating the consensus estimate of $3.40 by $0.10. The firm had revenue of $9.12 billion during the quarter, compared to the consensus estimate of $8.99 billion. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The company’s quarterly revenue was up 24.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.48 earnings per share. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. Equities research analysts expect that Applied Materials, Inc. will post 12.48 EPS for the current year.

Applied Materials Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be issued a dividend of $0.53 per share. The ex-dividend date is Thursday, August 20th. This represents a $2.12 annualized dividend and a dividend yield of 0.4%. Applied Materials’s dividend payout ratio (DPR) is presently 18.28%.

Applied Materials 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.