Fulton Bank N.A. Has $14.31 Million Stock Holdings in Applied Materials, Inc. $AMAT

Fulton Bank N.A. trimmed its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 16.7% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,792 shares of the manufacturing equipment provider’s stock after selling 3,976 shares during the period. Fulton Bank N.A.’s holdings in Applied Materials were worth $14,310,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Stonebridge Financial Group LLC lifted its stake in shares of Applied Materials by 2.1% in the 2nd quarter. Stonebridge Financial Group LLC now owns 1,003 shares of the manufacturing equipment provider’s stock valued at $725,000 after purchasing an additional 21 shares during the last quarter. Basecamp Wealth Advisors LLC increased its position in Applied Materials by 0.7% during the first quarter. Basecamp Wealth Advisors LLC now owns 3,288 shares of the manufacturing equipment provider’s stock worth $1,124,000 after buying an additional 22 shares during the last quarter. Financial Management Professionals Inc. increased its position in Applied Materials by 2.2% during the second quarter. Financial Management Professionals Inc. now owns 1,040 shares of the manufacturing equipment provider’s stock worth $752,000 after buying an additional 22 shares during the last quarter. Elevation Wealth Partners LLC raised its holdings in Applied Materials by 34.8% during the second quarter. Elevation Wealth Partners LLC now owns 93 shares of the manufacturing equipment provider’s stock valued at $67,000 after buying an additional 24 shares in the last quarter. Finally, Private Wealth Management Group LLC raised its holdings in Applied Materials by 4.9% during the first quarter. Private Wealth Management Group LLC now owns 531 shares of the manufacturing equipment provider’s stock valued at $181,000 after buying an additional 25 shares in the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Insider Activity at Applied Materials

In other news, SVP Omkaram Nalamasu sold 24,263 shares of Applied Materials stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $593.43, for a total transaction of $14,398,392.09. Following the sale, the senior vice president directly owned 146,916 shares in the company, valued at approximately $87,184,361.88. The trade was a 14.17% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Gary E. Dickerson sold 71,727 shares of the company’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $593.75, for a total transaction of $42,587,906.25. Following the completion of the sale, the chief executive officer directly owned 1,695,164 shares in the company, valued at approximately $1,006,503,625. The trade was a 4.06% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 278,088 shares of company stock worth $169,654,805 in the last ninety days. Company insiders own 0.30% of the company’s stock.

Applied Materials Price Performance

Shares of NASDAQ:AMAT opened at $522.12 on Tuesday. The firm has a market capitalization of $414.54 billion, a PE ratio of 49.03, a PEG ratio of 1.37 and a beta of 1.61. The company has a current ratio of 2.51, a quick ratio of 1.80 and a debt-to-equity ratio of 0.22. Applied Materials, Inc. has a 1-year low of $154.46 and a 1-year high of $739.67. The business’s 50 day moving average is $560.75 and its 200-day moving average is $439.93.

Applied Materials (NASDAQ:AMAT) last issued its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, beating analysts’ consensus estimates of $2.68 by $0.18. The business 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%.Applied Materials’s revenue was up 11.4% on a year-over-year basis. During the same period in the prior year, the company posted $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Sell-side analysts predict that Applied Materials, Inc. will post 12.17 earnings per share for the current year.

Applied Materials Announces Dividend

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

Applied Materials News Summary

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

• Positive Sentiment: Analysts raised longer-term earnings expectations. An analyst increased the FY2027 EPS forecast, suggesting continued confidence in Applied Materials’ semiconductor-equipment demand and earnings trajectory. FY2027 EPS Forecast for Applied Materials Lifted by Analyst
• Positive Sentiment: AI and data-center investment remain major growth drivers. Applied Materials supplies equipment used to manufacture advanced chips, and potential semiconductor demand from Tesla and SpaceX’s proposed $16.8 billion “Terafab” project could benefit AMAT and other chip-equipment suppliers. The Zacks Analyst Blog Highlights SpaceX, Tesla, KLA Corp, Onto Innovation, Applied Materials and Lam Research
• Positive Sentiment: The investment case includes solid fundamentals and shareholder returns. Coverage highlights AMAT’s AI exposure, broad technology portfolio, strong profitability and dividend history. Its latest reported quarter also exceeded consensus estimates for revenue and EPS, while management provided third-quarter EPS guidance of $3.16 to $3.56. Applied Materials’ dividends: History, yield and payout ratio explained
• Neutral Sentiment: Earnings are the immediate catalyst. Analysts expect approximately $3.39 in Q3 EPS on roughly $9 billion of revenue, while previews emphasize key operating metrics beyond headline results. The stock’s implied earnings move is potentially sizable, increasing short-term volatility. Applied Materials Earnings Preview
• Negative Sentiment: High expectations and valuation leave little room for disappointment. AMAT has rallied significantly over the past year but remains well below its yearly peak. With a reported P/E ratio near 49, investors may be taking profits or reducing exposure ahead of earnings unless the outlook clearly supports current expectations.
• Negative Sentiment: Broader semiconductor-sector volatility is another headwind. Weakness in major equipment stocks, including ASML, following China-related headlines may be weighing on sentiment toward the entire chip-equipment group, even though the recent AMAT coverage is predominantly bullish.

Analysts Set New Price Targets

AMAT has been the subject of several recent analyst reports. Morgan Stanley upped their price target on Applied Materials from $502.00 to $647.00 and gave the stock an “equal weight” rating in a research note on Monday, July 6th. Susquehanna boosted their target price on Applied Materials from $575.00 to $900.00 and gave the stock a “positive” rating in a report on Tuesday, June 30th. Wolfe Research boosted their target price on Applied Materials from $500.00 to $550.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. Erste Group Bank cut Applied Materials from a “buy” rating to a “hold” rating in a research report on Wednesday, August 5th. Finally, Needham & Company LLC increased their price target on Applied Materials from $530.00 to $740.00 and gave the company a “buy” rating in a report on Friday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, Applied Materials currently has a consensus rating of “Moderate Buy” and a consensus price target of $603.23.

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.