Fifth Third Wealth Advisors LLC Has $9.93 Million Stock Holdings in Applied Materials, Inc. $AMAT

Fifth Third Wealth Advisors LLC trimmed its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 7.4% in the first quarter, according to its most recent filing with the SEC. The firm owned 29,049 shares of the manufacturing equipment provider’s stock after selling 2,328 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in Applied Materials were worth $9,929,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Warther Private Wealth LLC lifted its stake in Applied Materials by 1.5% during the fourth quarter. Warther Private Wealth LLC now owns 1,908 shares of the manufacturing equipment provider’s stock worth $490,000 after purchasing an additional 28 shares during the period. Tradition Wealth Management LLC grew its stake in shares of Applied Materials by 3.1% in the 4th quarter. Tradition Wealth Management LLC now owns 1,031 shares of the manufacturing equipment provider’s stock valued at $265,000 after purchasing an additional 31 shares during the period. Hoxton Planning & Management LLC grew its stake in shares of Applied Materials by 1.4% in the 4th quarter. Hoxton Planning & Management LLC now owns 2,208 shares of the manufacturing equipment provider’s stock valued at $567,000 after purchasing an additional 31 shares during the period. Godsey & Gibb Inc. raised its holdings in shares of Applied Materials by 2.6% in the 4th quarter. Godsey & Gibb Inc. now owns 1,298 shares of the manufacturing equipment provider’s stock worth $334,000 after buying an additional 33 shares in the last quarter. Finally, Family Capital Management Inc. raised its holdings in shares of Applied Materials by 0.8% in the 4th quarter. Family Capital Management Inc. now owns 4,227 shares of the manufacturing equipment provider’s stock worth $1,086,000 after buying an additional 33 shares in the last quarter. Institutional investors own 80.56% of the company’s stock.

Applied Materials Stock Performance

AMAT stock opened at $586.54 on Thursday. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.51 and a quick ratio of 1.80. Applied Materials, Inc. has a fifty-two week low of $154.46 and a fifty-two week high of $641.18. The stock has a market capitalization of $465.69 billion, a PE ratio of 55.07, a price-to-earnings-growth ratio of 1.63 and a beta of 1.67. The company has a 50 day moving average price of $463.44 and a 200 day moving average price of $372.78.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.68 by $0.18. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The business had revenue of $7.91 billion for the quarter, compared to analysts’ expectations of $7.68 billion. During the same quarter last year, the business earned $2.39 earnings per share. The firm’s quarterly revenue was up 11.4% compared to the same quarter last year. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Analysts forecast that Applied Materials, Inc. will post 12.1 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. 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 payout ratio is presently 19.91%.

Wall Street Analyst Weigh In

Several analysts recently commented on AMAT shares. Argus boosted their price target on Applied Materials from $420.00 to $500.00 and gave the company a “buy” rating in a research note on Tuesday, May 19th. KeyCorp increased their price objective on Applied Materials from $450.00 to $550.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Jefferies Financial Group lifted their price objective on Applied Materials from $415.00 to $510.00 and gave the company a “buy” rating in a report on Friday, May 15th. Sanford C. Bernstein restated an “outperform” rating and issued a $525.00 target price on shares of Applied Materials in a research note on Friday, May 15th. Finally, Wall Street Zen raised shares of Applied Materials from a “hold” rating to a “buy” rating in a report on Saturday, May 23rd. Twenty-seven equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $501.26.

More Applied Materials News

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

• Positive Sentiment: Wells Fargo lifted its price target on Applied Materials to $715 from $520 and kept an Overweight rating, citing continued strength in semiconductor capital equipment demand and AI infrastructure spending. Is Applied Materials (AMAT) the Best All-Time High Stock with Legs to Rally Further?
• Positive Sentiment: Bank of America also raised its price target on AMAT to $720 from $540 and reiterated a Buy rating, suggesting analysts see additional upside from AI-led chip demand. Applied Materials price target raised by Bank of America
• Positive Sentiment: Recent coverage highlighted Applied Materials as a potential winner from growing semiconductor complexity and AI chip production, with some commentary arguing the stock may still be undervalued relative to long-term growth prospects. How Applied Materials Could Become the Next $1 Trillion Chip Stock
• Neutral Sentiment: Insider Prabu G. Raja sold 10,000 shares, a transaction that may get attention but does not necessarily signal a change in the company’s outlook. SEC Form 4 filing
• Neutral Sentiment: Applied Materials announced a quarterly dividend of $0.53 per share, which is supportive for income-focused investors but not a major short-term catalyst. Applied Materials insider trades and dividend announcement
• Negative Sentiment: Some recent articles noted that AMAT’s valuation has become stretched after a strong rally, which could limit near-term upside if AI spending expectations ease. Applied Materials Stock Looks Pricey—Can AI Demand Justify the Rally?

Insider Activity at Applied Materials

In related news, SVP Omkaram Nalamasu sold 24,263 shares of Applied Materials stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $593.43, for a total transaction of $14,398,392.09. Following the completion of the sale, the senior vice president directly owned 146,916 shares of the company’s stock, valued at $87,184,361.88. The trade was a 14.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Timothy M. Deane sold 8,621 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were 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 owned 134,631 shares of the company’s stock, valued at $79,534,609.56. This represents a 6.02% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 199,767 shares of company stock worth $114,104,709. 0.30% of the stock is owned by company insiders.

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.