Danske Bank A S Has $359.40 Million Holdings in Applied Materials, Inc. $AMAT

Danske Bank A S grew its position in Applied Materials, Inc. (NASDAQ:AMAT) by 1.2% in the second quarter, Holdings Channel reports. The fund owned 497,094 shares of the manufacturing equipment provider’s stock after acquiring an additional 5,902 shares during the quarter. Applied Materials accounts for 0.7% of Danske Bank A S’s portfolio, making the stock its 21st largest holding. Danske Bank A S’s holdings in Applied Materials were worth $359,399,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Cornerstone Financial Management LLC acquired a new position in Applied Materials in the 4th quarter worth about $25,000. Wilkerson Advisory Group LLC acquired a new stake in shares of Applied Materials during the fourth quarter valued at about $26,000. Harborfront Financial Group LLC bought a new stake in shares of Applied Materials during the second quarter worth about $27,000. Financial Freedom LLC acquired a new position in shares of Applied Materials in the first quarter valued at approximately $28,000. Finally, Joseph Group Capital Management acquired a new position in shares of Applied Materials in the fourth quarter valued at approximately $31,000. Institutional investors and hedge funds own 80.56% of the company’s stock.

Insiders Place Their Bets

In other news, insider Prabu G. Raja sold 50,000 shares of Applied Materials stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $505.28, for a total value of $25,264,000.00. Following the completion of the transaction, the insider directly owned 356,642 shares of the company’s stock, valued at approximately $180,204,069.76. This trade represents a 12.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Timothy M. Deane sold 8,621 shares of the business’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 transaction, the senior vice president directly owned 134,631 shares in the company, valued at $79,534,609.56. This represents a 6.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 277,820 shares of company stock valued at $169,538,434 over the last quarter. Company insiders own 0.30% of the company’s stock.

Applied Materials Stock Performance

NASDAQ:AMAT opened at $492.32 on Friday. The company has a market capitalization of $390.88 billion, a PE ratio of 42.44, a P/E/G ratio of 1.06 and a beta of 1.61. The company has a 50 day simple moving average of $562.67 and a two-hundred day simple moving average of $451.05. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.79 and a current ratio of 2.42. Applied Materials, Inc. has a fifty-two week low of $154.46 and a fifty-two week high of $739.67.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.40 by $0.10. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The firm had revenue of $9.12 billion during the quarter, compared to analyst estimates of $8.99 billion. During the same quarter last year, the business earned $2.48 EPS. The company’s revenue was up 24.8% compared to the same quarter last year. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. Research analysts anticipate that Applied Materials, Inc. will post 12.73 earnings per share for the current year.

Applied Materials Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be issued a $0.53 dividend. The ex-dividend date is Thursday, August 20th. This represents a $2.12 annualized dividend and a yield of 0.4%. Applied Materials’s payout ratio is presently 18.28%.

Applied Materials News Roundup

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

• Positive Sentiment: AI demand supports the long-term outlook. JPMorgan reiterated an Overweight rating and estimates semiconductor-systems revenue could grow about 40% this year, with AI-related investment accounting for roughly 80% of chip-equipment demand. Applied Materials Sees Years Of AI-Fueled Growth Ahead
• Positive Sentiment: Advanced packaging and memory opportunities remain catalysts. New equipment launches are strengthening Applied Materials’ position in advanced packaging as demand for high-bandwidth memory (HBM) and semiconductor manufacturing capacity expands. Can Applied Materials Sustain Its Growth Amid AI-Driven Demand?
• Positive Sentiment: Brokerage coverage remains favorable. Berenberg issued a Buy rating, while broader analyst recommendations continue to point toward adding AMAT to portfolios. However, investors should note that consensus ratings can be overly optimistic because they are based on sell-side opinions. Applied Materials Receives a Buy from Berenberg Bank
• Neutral Sentiment: Fundamentals were stronger than expected, but the market response was weak. Applied Materials reported record fiscal third-quarter revenue of $9.12 billion, up 25% year over year, and exceeded consensus EPS and revenue estimates. Its above-consensus outlook was apparently insufficient to overcome high expectations and valuation concerns. Applied Materials Delivered a Record Quarter. The Stock Fell Anyway
• Negative Sentiment: High-profile bearish positioning is weighing on sentiment. Paul Tudor Jones reportedly liquidated his AMAT common-stock position and increased his put exposure, while Dr. Michael Burry is also betting against the shares. These trades raise concerns about semiconductor-cycle risks and whether future foundry capital spending will meet already elevated expectations. Paul Tudor Jones Liquidated His Applied Materials Stake

Wall Street Analysts Forecast Growth

Several research firms recently commented on AMAT. Susquehanna lifted their target price on shares of Applied Materials from $575.00 to $900.00 and gave the stock a “positive” rating in a research report on Tuesday, June 30th. Morgan Stanley decreased their price target on shares of Applied Materials from $646.00 to $642.00 and set an “equal weight” rating for the company in a research report on Friday, August 14th. Jefferies Financial Group raised their price target on shares of Applied Materials from $510.00 to $770.00 and gave the company a “buy” rating in a research note on Friday, June 26th. Needham & Company LLC reiterated a “buy” rating and set a $740.00 price target on shares of Applied Materials in a report on Friday, August 14th. Finally, Sanford C. Bernstein boosted their price objective on shares of Applied Materials from $675.00 to $700.00 and gave the stock an “outperform” rating in a research note on Friday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $659.83.

Applied Materials 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.