Rhumbline Advisers Has $301.82 Million Holdings in Applied Materials, Inc. $AMAT

Rhumbline Advisers reduced its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 2.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,474,149 shares of the manufacturing equipment provider’s stock after selling 35,350 shares during the period. Rhumbline Advisers owned about 0.19% of Applied Materials worth $301,817,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the stock. Marquette Asset Management LLC grew its holdings in shares of Applied Materials by 150.0% during the third quarter. Marquette Asset Management LLC now owns 125 shares of the manufacturing equipment provider’s stock valued at $26,000 after buying an additional 75 shares during the last quarter. Financial Gravity Companies Inc. purchased a new stake in Applied Materials during the second quarter valued at about $31,000. Manning & Napier Advisors LLC purchased a new stake in Applied Materials during the third quarter valued at about $31,000. Howard Hughes Medical Institute purchased a new position in shares of Applied Materials in the second quarter valued at about $32,000. Finally, Total Investment Management Inc. bought a new stake in shares of Applied Materials during the 2nd quarter valued at about $33,000. Institutional investors own 80.56% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on AMAT shares. The Goldman Sachs Group reiterated a “buy” rating and set a $310.00 price target on shares of Applied Materials in a research note on Friday, January 9th. Deutsche Bank Aktiengesellschaft upgraded Applied Materials from a “hold” rating to a “buy” rating and increased their price objective for the company from $275.00 to $390.00 in a research note on Friday, January 23rd. Mizuho set a $370.00 price objective on shares of Applied Materials and gave the stock an “outperform” rating in a research report on Tuesday, January 27th. TD Cowen restated a “buy” rating on shares of Applied Materials in a research note on Thursday, December 4th. Finally, Citigroup lifted their price objective on Applied Materials from $250.00 to $400.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. Twenty-four analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, Applied Materials has a consensus rating of “Moderate Buy” and a consensus target price of $315.15.

Applied Materials Trading Down 0.5%

NASDAQ:AMAT opened at $329.07 on Wednesday. The firm has a market cap of $261.19 billion, a price-to-earnings ratio of 37.91, a price-to-earnings-growth ratio of 2.94 and a beta of 1.70. The firm has a 50-day moving average price of $290.86 and a two-hundred day moving average price of $233.85. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.87 and a current ratio of 2.61. Applied Materials, Inc. has a 52 week low of $123.74 and a 52 week high of $344.60.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.11 by $0.06. Applied Materials had a return on equity of 39.26% and a net margin of 24.67%.The business had revenue of $6.80 billion for the quarter, compared to analyst estimates of $6.68 billion. During the same period last year, the company earned $2.32 EPS. Applied Materials’s revenue for the quarter was down 3.5% compared to the same quarter last year. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. On average, equities analysts expect that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Thursday, February 19th will be paid a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Thursday, February 19th. Applied Materials’s dividend payout ratio (DPR) is currently 21.20%.

Insider Transactions at Applied Materials

In related news, SVP Teri A. Little sold 4,000 shares of the firm’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $238.24, for a total transaction of $952,960.00. Following the completion of the transaction, the senior vice president owned 84,351 shares of the company’s stock, valued at $20,095,782.24. This trade represents a 4.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Adam Sanders sold 609 shares of Applied Materials stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $255.53, for a total value of $155,617.77. Following the transaction, the chief accounting officer owned 4,413 shares of the company’s stock, valued at approximately $1,127,653.89. This represents a 12.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 8,609 shares of company stock valued at $2,044,898 in the last quarter. 0.30% of the stock is currently owned by company insiders.

Key Stories Impacting Applied Materials

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

• Positive Sentiment: Company unveiled advanced 2nm-era chipmaking systems (Viva, Sym3 Z Magnum, Spectral ALD) that customers are already adopting — a direct revenue/capex catalyst if foundries scale these tools into volume production. Applied Materials Unveils Transistor and Wiring Innovations for Faster AI Chips
• Positive Sentiment: Short interest fell meaningfully in January (down ~14.6% to ~13.7M shares, ~1.7% of float), reducing a near-term bearish pressure on the stock and lowering squeeze risk metrics. (Data summary from entries)
• Positive Sentiment: Wall Street momentum: multiple firms (RBC, UBS and others) recently reiterated/raised targets and buy/outperform stances, underpinning investor confidence and supporting higher price targets (median ~$350; several in the $360–$400 range). UBS Lifts Applied Materials, Inc. (AMAT) Target, Reiterates Buy
• Positive Sentiment: Technical and price momentum: the stock has climbed ~8% over the last month and recently crossed above its 20-day moving average — signals that traders view the setup as bullish ahead of earnings. AMAT Climbs 8% in a Month
• Neutral Sentiment: Earnings day uncertainty — traders expect a notable post-earnings move and some are anticipating continuation of the rally if guidance or commentary is strong; but consensus still models modest YoY revenue/EPS dips, so outcomes are binary. Here’s How Much Traders Expect Applied Materials Stock to Move After Earnings
• Neutral Sentiment: Analyst/preview caution: some previews flag that the recent rally stretched valuation and Q1 results could show year-over-year revenue softness despite AI tailwinds — a mixed read for longer-term upside. Applied Materials Q1 Earnings Preview
• Negative Sentiment: Insider activity shows recent open-market sales by senior finance officers (multiple small sells), which some investors view as a mild negative signal ahead of earnings. (Data summary from entries)

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.