SevenBridge Financial Group LLC Buys 4,978 Shares of Applied Materials, Inc. $AMAT

SevenBridge Financial Group LLC grew its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 23.8% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 25,882 shares of the manufacturing equipment provider’s stock after buying an additional 4,978 shares during the quarter. Applied Materials accounts for 0.9% of SevenBridge Financial Group LLC’s holdings, making the stock its 28th biggest position. SevenBridge Financial Group LLC’s holdings in Applied Materials were worth $5,299,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in AMAT. Brighton Jones LLC boosted its stake in Applied Materials by 28.0% in the 4th quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock worth $2,061,000 after purchasing an additional 2,771 shares during the period. Sivia Capital Partners LLC raised its stake in shares of Applied Materials by 26.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,225 shares of the manufacturing equipment provider’s stock valued at $590,000 after purchasing an additional 679 shares during the period. Forefront Wealth Partners LLC bought a new stake in shares of Applied Materials in the second quarter valued at about $410,000. Schnieders Capital Management LLC. lifted its holdings in shares of Applied Materials by 30.1% in the second quarter. Schnieders Capital Management LLC. now owns 15,003 shares of the manufacturing equipment provider’s stock valued at $2,747,000 after purchasing an additional 3,469 shares in the last quarter. Finally, Allworth Financial LP boosted its position in shares of Applied Materials by 40.2% during the second quarter. Allworth Financial LP now owns 31,392 shares of the manufacturing equipment provider’s stock worth $5,747,000 after buying an additional 9,002 shares during the period. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting 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

Applied Materials Price Performance

NASDAQ:AMAT opened at $351.07 on Thursday. Applied Materials, Inc. has a 1-year low of $123.74 and a 1-year high of $395.95. The company has a current ratio of 2.71, a quick ratio of 1.94 and a debt-to-equity ratio of 0.30. The firm has a fifty day simple moving average of $331.42 and a 200 day simple moving average of $260.02. The stock has a market capitalization of $278.61 billion, a PE ratio of 35.93, a P/E/G ratio of 1.56 and a beta of 1.65.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings results on Thursday, February 12th. The manufacturing equipment provider reported $2.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.21 by $0.17. The firm 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 quarterly revenue was down 2.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.38 earnings per share. Applied Materials has set its Q2 2026 guidance at 2.440-2.840 EPS. On average, research analysts expect that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Analysts Set New Price Targets

AMAT has been the topic of a number of recent research reports. TD Cowen lifted their target price on Applied Materials from $315.00 to $450.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Morgan Stanley raised their price target on shares of Applied Materials from $420.00 to $432.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 25th. Stifel Nicolaus lifted their price objective on shares of Applied Materials from $340.00 to $450.00 and gave the company a “buy” rating in a report on Friday, February 13th. Cantor Fitzgerald restated an “overweight” rating and set a $470.00 target price on shares of Applied Materials in a report on Friday, February 13th. Finally, Needham & Company LLC raised their target price on shares of Applied Materials from $390.00 to $440.00 and gave the company a “buy” rating in a research report on Friday, February 13th. One investment 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 stock. According to data from MarketBeat, Applied Materials presently has a consensus rating of “Moderate Buy” and a consensus price target of $363.46.

Insider Activity

In related news, CAO Adam Sanders sold 534 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $379.16, for a total value of $202,471.44. Following the completion of the sale, the chief accounting officer directly owned 4,625 shares in the company, valued at approximately $1,753,615. This trade represents a 10.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Brice Hill sold 5,000 shares of Applied Materials stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $361.21, for a total value of $1,806,050.00. Following the transaction, the chief financial officer owned 138,565 shares of the company’s stock, valued at $50,051,063.65. The trade was a 3.48% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 12,003 shares of company stock valued at $4,484,189. 0.30% of the stock is owned by company 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.