Bokf Na Has $17.05 Million Holdings in Applied Materials, Inc. $AMAT

Bokf Na cut its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 3.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 83,263 shares of the manufacturing equipment provider’s stock after selling 3,029 shares during the period. Bokf Na’s holdings in Applied Materials were worth $17,047,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of AMAT. Marquette Asset Management LLC boosted its stake in Applied Materials by 150.0% in the third quarter. Marquette Asset Management LLC now owns 125 shares of the manufacturing equipment provider’s stock worth $26,000 after purchasing an additional 75 shares in the last quarter. Redmont Wealth Advisors LLC acquired a new stake in shares of Applied Materials in the third quarter valued at $26,000. Financial Gravity Companies Inc. acquired a new stake in shares of Applied Materials in the second quarter valued at $31,000. Manning & Napier Advisors LLC bought a new position in shares of Applied Materials in the third quarter valued at about $31,000. Finally, Howard Hughes Medical Institute bought a new position in shares of Applied Materials in the second quarter valued at about $32,000. 80.56% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Applied Materials

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

• Positive Sentiment: Long‑term partnership with SK hynix to co‑develop advanced DRAM and high‑bandwidth memory (HBM), with engineers collaborating at Applied’s EPIC Center to accelerate AI memory innovation. Applied Materials and SK Hynix partner for next‑gen AI memory development
• Positive Sentiment: Partnership with Micron to develop next‑generation DRAM, HBM and NAND for energy‑efficient AI systems — market coverage reports and trade commentary show investors treating this as a strategic win for AMAT’s equipment and services revenue. Applied Materials and Micron Partner To Advance U.S. Innovation in Next‑Generation AI Memory Solutions
• Positive Sentiment: Sector commentary and trade notes highlight AMAT as a beneficiary of the AI hardware cycle — outlets and analysts point to AMAT and Micron as winners within the AI trade, supporting near‑term investor demand. AMAT and Micron still winning in AI trade despite QQQ and sector weakness
• Neutral Sentiment: Research roundup notes AMAT riding a semiconductor rebound but flags rising risks — this provides context for upside while warning of cyclicality. Top Research Reports for JPMorgan, Johnson & Johnson & Applied Materials
• Neutral Sentiment: Reported short‑interest data in recent feeds shows effectively zero reported short interest (likely a reporting/data artifact), so short‑squeeze risk appears minimal based on available numbers.
• Negative Sentiment: Erste Group initiated coverage with a Hold rating, which may temper upside from the partnership headlines for some institutional holders. Erste Group Initiated Applied Materials, Inc. (AMAT) With a Hold Rating – Here’s Why
• Negative Sentiment: Despite strong free cash flow (Q1 FCF noted), coverage highlighted a recent pullback from highs — reminders of semicon cyclicality and profit‑taking could weigh on near‑term performance. Applied Materials Q1 2026 Free Cash Flow Hit $1.04 Billion, So Why Is the Stock Sliding

Wall Street Analyst Weigh In

A number of brokerages have commented on AMAT. Stifel Nicolaus increased their price objective on shares of Applied Materials from $340.00 to $450.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Needham & Company LLC boosted their target price on shares of Applied Materials from $390.00 to $440.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. UBS Group set a $430.00 target price on shares of Applied Materials in a research report on Friday, February 13th. Jefferies Financial Group increased their price target on shares of Applied Materials from $260.00 to $360.00 and gave the company a “buy” rating in a research note on Monday, December 15th. Finally, Citigroup raised their price target on shares of Applied Materials from $400.00 to $420.00 and gave the company a “buy” rating in a report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $363.46.

Applied Materials Stock Performance

Applied Materials stock opened at $351.07 on Thursday. The company has a current ratio of 2.71, a quick ratio of 1.94 and a debt-to-equity ratio of 0.30. Applied Materials, Inc. has a 1 year low of $123.74 and a 1 year high of $395.95. The company has a market cap of $278.61 billion, a PE ratio of 35.93, a PEG ratio of 1.56 and a beta of 1.65. The company’s 50-day moving average is $331.42 and its two-hundred day moving average is $260.02.

Applied Materials (NASDAQ:AMAT) last issued its earnings results on Thursday, February 12th. The manufacturing equipment provider reported $2.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.21 by $0.17. The company had revenue of $7.01 billion for the quarter, compared to analyst estimates of $6.88 billion. Applied Materials had a net margin of 27.78% and a return on equity of 37.52%. The company’s revenue for the quarter was down 2.1% on a year-over-year basis. During the same quarter last year, the firm earned $2.38 EPS. Applied Materials has set its Q2 2026 guidance at 2.440-2.840 EPS. Equities analysts anticipate that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Insider Buying and Selling at Applied Materials

In other Applied Materials news, Director Judy Bruner sold 3,969 shares of the company’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $377.02, for a total transaction of $1,496,392.38. Following the completion of the sale, the director owned 28,589 shares in the company, valued at approximately $10,778,624.78. The trade was a 12.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Brice Hill sold 5,000 shares of the stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $361.21, for a total value of $1,806,050.00. Following the completion of the transaction, the chief financial officer directly owned 138,565 shares in the company, valued at approximately $50,051,063.65. This trade represents a 3.48% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 12,003 shares of company stock valued at $4,484,189. 0.30% of the stock is currently owned by insiders.

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.