Maxi Investments CY Ltd Invests $11.35 Million in Applied Materials, Inc. $AMAT

Maxi Investments CY Ltd acquired a new stake in Applied Materials, Inc. (NASDAQ:AMAT) during the second quarter, Holdings Channel reports. The institutional investor acquired 15,700 shares of the manufacturing equipment provider’s stock, valued at approximately $11,351,000. Applied Materials accounts for about 2.3% of Maxi Investments CY Ltd’s portfolio, making the stock its 12th biggest position.

A number of other institutional investors have also made changes to their positions in AMAT. Cornerstone Financial Management LLC bought a new position in Applied Materials in the fourth quarter valued at $25,000. Wilkerson Advisory Group LLC bought a new stake in Applied Materials during the 4th quarter worth about $26,000. Harborfront Financial Group LLC acquired a new position in shares of Applied Materials during the 2nd quarter worth about $27,000. Financial Freedom LLC acquired a new position in shares of Applied Materials during the 1st quarter worth about $28,000. Finally, Joseph Group Capital Management bought a new position in shares of Applied Materials in the 4th quarter valued at about $31,000. Institutional investors own 80.56% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on AMAT shares. TD Cowen reaffirmed a “buy” rating and issued a $700.00 target price on shares of Applied Materials in a research report on Friday, August 14th. HC Wainwright set a $850.00 price target on Applied Materials in a research report on Monday, June 29th. KeyCorp upped their price target on shares of Applied Materials from $550.00 to $750.00 and gave the stock an “overweight” rating in a research report on Monday, June 29th. Bank of America cut their price target on shares of Applied Materials from $720.00 to $650.00 and set a “buy” rating for the company in a research note on Friday, August 14th. Finally, B. Riley Financial restated a “buy” rating and set a $700.00 price objective (down from $790.00) on shares of Applied Materials in a research note on Friday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, Applied Materials has an average rating of “Moderate Buy” and an average price target of $657.76.

Insider Activity at Applied Materials

In other news, SVP Timothy M. Deane sold 8,621 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $590.76, for a total transaction of $5,092,941.96. Following the transaction, the senior vice president directly owned 134,631 shares of the company’s stock, valued at approximately $79,534,609.56. This trade represents a 6.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Gary E. Dickerson sold 71,727 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the chief executive officer owned 1,695,164 shares of the company’s stock, valued at approximately $1,006,503,625. This trade represents a 4.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 276,692 shares of company stock valued at $169,030,834. 0.30% of the stock is currently owned by company insiders.

Applied Materials Stock Down 0.1%

AMAT opened at $479.76 on Thursday. The stock has a fifty day moving average of $556.61 and a 200-day moving average of $455.61. The company has a market capitalization of $380.74 billion, a P/E ratio of 41.36, a P/E/G ratio of 1.03 and a beta of 1.61. Applied Materials, Inc. has a fifty-two week low of $154.46 and a fifty-two week high of $739.67. 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 released its quarterly earnings results 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. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The business had revenue of $9.12 billion for the quarter, compared to the consensus estimate of $8.99 billion. During the same period in the prior year, the company posted $2.48 earnings per share. Applied Materials’s revenue was up 24.8% compared to the same quarter last year. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. On average, equities analysts expect that Applied Materials, Inc. will post 12.73 EPS for the current year.

Applied Materials Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be given a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Thursday, August 20th. Applied Materials’s dividend payout ratio is presently 18.28%.

Trending Headlines about Applied Materials

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

• Positive Sentiment: AI infrastructure is supporting a new growth cycle. Chipmakers are increasing spending on advanced DRAM, high-bandwidth memory, leading-edge logic and advanced packaging—all areas that benefit Applied Materials’ semiconductor equipment business. The company’s latest quarter showed revenue growth of 24.8% year over year, with earnings and revenue exceeding analyst expectations. Applied Materials Enters a New AI-Driven Growth Cycle
• Positive Sentiment: Services and parts demand remain resilient. Applied Materials’ Applied Global Services (AGS) division reportedly reached record revenue and expanded margins, helped by subscription services, parts demand and higher semiconductor-fab utilization. This recurring revenue can provide stability across equipment cycles. AMAT’s AGS Business Gains Momentum
• Positive Sentiment: Analysts see potential upside after the recent selloff. Consensus price targets imply roughly 35% upside, while another report cited an average target near $641. However, these targets depend on continued earnings-estimate improvements and sustained AI spending. Analyst Upside Potential for AMAT
• Neutral Sentiment: Mizuho remains constructive but lowered its target. The firm reduced its price target from $650 to $590 while maintaining an “outperform” rating, reflecting a more cautious near-term outlook despite expected upside. Mizuho AMAT Price Target Update
• Negative Sentiment: China exposure is the main overhang. Tighter export controls and the emergence of Chinese domestic immersion DUV lithography systems are raising concerns about Applied Materials’ competitiveness and future China sales. Reports caution that not all of the company’s approximately $2.087 billion in quarterly China revenue is immediately threatened, but investors are still pricing in greater regulatory and competitive risk. Applied Materials’ China Problem Is Getting Worse

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.