Applied Materials, Inc. $AMAT Stock Holdings Lessened by Capital Asset Advisory Services LLC

Capital Asset Advisory Services LLC reduced its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 25.2% in the 1st quarter, HoldingsChannel.com reports. The firm owned 17,787 shares of the manufacturing equipment provider’s stock after selling 5,985 shares during the quarter. Capital Asset Advisory Services LLC’s holdings in Applied Materials were worth $6,079,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Cornerstone Financial Management LLC purchased a new stake in Applied Materials in the 4th quarter worth approximately $25,000. Wilkerson Advisory Group LLC purchased a new stake in shares of Applied Materials during the fourth quarter worth $26,000. MBM Wealth Consultants LLC purchased a new stake in shares of Applied Materials during the first quarter worth $38,000. Highline Wealth Partners LLC boosted its position in Applied Materials by 48.7% during the fourth quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock valued at $30,000 after purchasing an additional 38 shares during the last quarter. Finally, Joseph Group Capital Management acquired a new stake in Applied Materials during the fourth quarter valued at $31,000. 80.56% of the stock is owned by hedge funds and other institutional investors.

Applied Materials Stock Performance

Shares of NASDAQ AMAT opened at $650.91 on Thursday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.80 and a current ratio of 2.51. The firm has a market cap of $516.80 billion, a price-to-earnings ratio of 61.12, a P/E/G ratio of 2.01 and a beta of 1.56. The business’s 50-day simple moving average is $491.34 and its 200-day simple moving average is $386.97. Applied Materials, Inc. has a 52 week low of $154.46 and a 52 week high of $739.67.

Applied Materials (NASDAQ:AMAT) last posted its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, topping the consensus estimate of $2.68 by $0.18. The firm had revenue of $7.91 billion during the quarter, compared to analyst estimates of $7.68 billion. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The company’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same period in the previous year, the company earned $2.39 EPS. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. As a group, equities research analysts expect that Applied Materials, Inc. will post 12.11 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Thursday, August 20th. Applied Materials’s payout ratio is presently 19.91%.

More Applied Materials News

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

• Positive Sentiment: Analysts remained constructive on Applied Materials, with Erste Group raising FY2026 and FY2027 EPS estimates and Cantor Fitzgerald lifting its price target to $850 while keeping an Overweight rating.
• Positive Sentiment: Recent coverage highlighted Applied Materials as a major beneficiary of AI-driven chip spending, with the stock hitting all-time highs and posting its best monthly rally since 1975, supported by stronger earnings expectations and improved sentiment across semiconductor equipment names.
• Neutral Sentiment: Broader market commentary noted that chip stocks were the main laggard even as most equities moved higher, suggesting sector rotation rather than company-specific fundamentals may have pressured AMAT.
• Negative Sentiment: Technical analysts warned that Applied Materials had become extremely overbought and could be due for a reversal after its steep surge, which may have contributed to profit-taking.
• Negative Sentiment: CEO Gary E. Dickerson disclosed two stock sales totaling more than 78,000 shares over June 29-30, a move that can weigh on sentiment even though he still retains a very large stake.

Analyst Ratings Changes

Several research analysts have weighed in on the company. JPMorgan Chase & Co. upped their target price on Applied Materials from $400.00 to $515.00 and gave the stock an “overweight” rating in a research report on Friday, May 15th. Barclays increased their price objective on Applied Materials from $500.00 to $590.00 and gave the stock an “overweight” rating in a report on Thursday, June 11th. HC Wainwright set a $850.00 target price on shares of Applied Materials in a research note on Monday. Sanford C. Bernstein reissued an “outperform” rating and issued a $525.00 target price on shares of Applied Materials in a research report on Friday, May 15th. Finally, Mizuho increased their price target on shares of Applied Materials from $500.00 to $540.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 27th. Twenty-seven analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $553.56.

Insider Buying and Selling at Applied Materials

In related news, insider Prabu G. Raja sold 10,000 shares of Applied Materials stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $633.53, for a total value of $6,335,300.00. Following the transaction, the insider owned 346,642 shares in the company, valued at $219,608,106.26. This trade represents a 2.80% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Omkaram Nalamasu sold 24,263 shares of the business’s 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 transaction, the senior vice president directly owned 146,916 shares of the company’s stock, valued at approximately $87,184,361.88. This represents a 14.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 278,088 shares of company stock worth $169,654,805 in the last quarter. 0.30% of the stock is owned by corporate 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.