GC Wealth Management RIA LLC Raises Stock Holdings in Applied Materials, Inc. $AMAT

GC Wealth Management RIA LLC raised its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 15.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,098 shares of the manufacturing equipment provider’s stock after buying an additional 1,382 shares during the quarter. GC Wealth Management RIA LLC’s holdings in Applied Materials were worth $3,451,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Compound Planning Inc. lifted its stake in Applied Materials by 13.4% during the first quarter. Compound Planning Inc. now owns 12,197 shares of the manufacturing equipment provider’s stock worth $4,169,000 after purchasing an additional 1,440 shares in the last quarter. Klingman & Associates LLC boosted its position in shares of Applied Materials by 0.7% during the first quarter. Klingman & Associates LLC now owns 10,463 shares of the manufacturing equipment provider’s stock worth $3,576,000 after buying an additional 71 shares during the period. CLG LLC acquired a new stake in shares of Applied Materials in the first quarter valued at $248,000. Modern Wealth Management LLC grew its stake in shares of Applied Materials by 1.6% in the first quarter. Modern Wealth Management LLC now owns 18,703 shares of the manufacturing equipment provider’s stock valued at $6,617,000 after buying an additional 299 shares in the last quarter. Finally, Keebeck Wealth Management raised its holdings in shares of Applied Materials by 8.8% in the 1st quarter. Keebeck Wealth Management now owns 3,399 shares of the manufacturing equipment provider’s stock valued at $1,162,000 after buying an additional 274 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: Analysts expect Applied Materials’ upcoming fiscal third-quarter report on Aug. 13 to show double-digit earnings growth, reinforcing confidence in the company’s near-term fundamentals. What to Expect From Applied Materials’ Next Quarterly Earnings Report
• Positive Sentiment: Applied Materials was highlighted as a beneficiary of AI-driven semiconductor spending, with the sector rally and broader enthusiasm for chip equipment supporting sentiment around AMAT. Buy These 5 Semiconductor Stocks Charged Up by AI Enthusiasm
• Positive Sentiment: News that TSMC plans major expansion in Arizona and may raise chip prices helped boost Applied Materials, since more fab spending can translate into stronger equipment demand. Applied Materials (AMAT) Jumps On TSMC Expansion As Fair Value Debate Stays Open
• Positive Sentiment: The company announced it will report fiscal third-quarter 2026 results on Aug. 13, keeping investor focus on the next catalyst for the stock. Applied Materials to Report Fiscal Third Quarter 2026 Results on Aug. 13, 2026
• Neutral Sentiment: Several articles framed AMAT as a quality “wide-moat” semiconductor name and a stock to watch, but these pieces were more thematic than immediately market-moving. Top Wide-Moat Stocks to Invest in for Sustainable Growth
• Neutral Sentiment: Technical commentary suggested the stock had been under short-term pressure before rebounding, indicating volatility rather than a clear fundamental shift. History Says Applied Materials Stock Looks Ripe for Rebound

Insider Buying and Selling at Applied Materials

In other news, Director Thomas J. Iannotti sold 9,250 shares of the company’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $599.77, for a total transaction of $5,547,872.50. Following the completion of the transaction, the director directly owned 40,559 shares of the company’s stock, valued at approximately $24,326,071.43. This represents a 18.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Timothy M. Deane sold 8,621 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $590.76, for a total value of $5,092,941.96. Following the sale, the senior vice president directly owned 134,631 shares in the company, valued at $79,534,609.56. This trade represents a 6.02% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 278,088 shares of company stock worth $169,654,805. 0.30% of the stock is currently owned by company insiders.

Applied Materials Stock Performance

Shares of Applied Materials stock opened at $562.80 on Friday. The business has a 50-day simple moving average of $542.22 and a 200-day simple moving average of $422.30. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.80 and a current ratio of 2.51. Applied Materials, Inc. has a one year low of $154.46 and a one year high of $739.67. The company has a market cap of $446.84 billion, a PE ratio of 52.85, a P/E/G ratio of 1.41 and a beta of 1.57.

Applied Materials (NASDAQ:AMAT) last issued its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, beating the consensus estimate of $2.68 by $0.18. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The firm had revenue of $7.91 billion for the quarter, compared to analysts’ expectations of $7.68 billion. During the same quarter last year, the company earned $2.39 earnings per share. The firm’s 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. On average, equities research analysts forecast that Applied Materials, Inc. will post 12.14 EPS for the current fiscal year.

Applied Materials Dividend Announcement

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 issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Thursday, August 20th. Applied Materials’s dividend payout ratio (DPR) is presently 19.91%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on AMAT shares. Barclays increased their target price on Applied Materials from $500.00 to $590.00 and gave the stock an “overweight” rating in a research note on Thursday, June 11th. Bank of America boosted their price target on shares of Applied Materials from $540.00 to $720.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. HC Wainwright set a $850.00 price target on shares of Applied Materials in a research report on Monday, June 29th. Citigroup raised their price objective on shares of Applied Materials from $550.00 to $710.00 and gave the company a “buy” rating in a research note on Wednesday, June 17th. Finally, Royal Bank Of Canada lifted their price objective on shares of Applied Materials from $500.00 to $520.00 and gave the company an “outperform” rating in a report on Friday, May 15th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Applied Materials presently has an average rating of “Moderate Buy” and a consensus target price of $593.84.

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.