Applied Materials, Inc. $AMAT Stock Acquired by Elevation Wealth Partners LLC

Elevation Wealth Partners LLC grew its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 1,041.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,062 shares of the manufacturing equipment provider’s stock after purchasing an additional 969 shares during the period. Elevation Wealth Partners LLC’s holdings in Applied Materials were worth $543,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AMAT. Ausdal Financial Partners Inc. acquired a new stake in shares of Applied Materials during the 2nd quarter worth approximately $4,005,000. Caldwell Investment Management Ltd. acquired a new position in shares of Applied Materials in the 2nd quarter valued at $1,589,000. CX Institutional lifted its stake in shares of Applied Materials by 333.3% in the 3rd quarter. CX Institutional now owns 25,853 shares of the manufacturing equipment provider’s stock valued at $12,631,000 after purchasing an additional 19,886 shares during the period. Evolve Private Wealth LLC boosted its holdings in Applied Materials by 59.0% during the first quarter. Evolve Private Wealth LLC now owns 2,875 shares of the manufacturing equipment provider’s stock worth $983,000 after buying an additional 1,067 shares in the last quarter. Finally, Principal Financial Group Inc. grew its position in Applied Materials by 3.0% during the second quarter. Principal Financial Group Inc. now owns 1,008,591 shares of the manufacturing equipment provider’s stock valued at $729,211,000 after buying an additional 28,982 shares during the period. 80.56% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on AMAT. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $850.00 price objective (up from $650.00) on shares of Applied Materials in a report on Friday, August 14th. Craig Hallum raised their target price on Applied Materials from $530.00 to $585.00 and gave the company a “buy” rating in a research report on Friday, August 14th. Weiss Ratings cut Applied Materials from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, September 9th. Berenberg Bank lifted their price target on Applied Materials from $575.00 to $675.00 and gave the company a “buy” rating in a research note on Monday, August 17th. Finally, UBS Group upped their price target on Applied Materials from $675.00 to $695.00 and gave the stock a “buy” rating in a report on Tuesday, September 1st. One equities research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, Applied Materials currently has a consensus rating of “Moderate Buy” and an average target price of $640.20.

Applied Materials Price Performance

NASDAQ:AMAT traded down $9.62 during trading hours on Wednesday, hitting $520.65. 3,774,575 shares of the stock were exchanged, compared to its average volume of 7,896,988. The firm’s fifty day moving average price is $488.74 and its 200 day moving average price is $480.57. Applied Materials, Inc. has a 52-week low of $203.40 and a 52-week high of $739.67. The company has a market cap of $413.19 billion, a P/E ratio of 44.88, a P/E/G ratio of 1.51 and a beta of 1.60. The company has a current ratio of 2.42, a quick ratio of 1.79 and a debt-to-equity ratio of 0.20.

Applied Materials (NASDAQ:AMAT) last released its earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share for the quarter, beating the consensus estimate of $3.40 by $0.10. The business had revenue of $9.12 billion for the quarter, compared to the consensus estimate of $8.99 billion. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%.The business’s quarterly revenue was up 24.8% compared to the same quarter last year. During the same quarter last year, the business posted $2.48 earnings per share. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. As a group, equities research analysts anticipate that Applied Materials, Inc. will post 12.79 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Thursday, November 19th will be issued a $0.53 dividend. The ex-dividend date is Thursday, November 19th. This represents a $2.12 dividend on an annualized basis and a yield of 0.4%. Applied Materials’s dividend payout ratio (DPR) is presently 18.28%.

Insider Buying and Selling at Applied Materials

In other news, Director Judy Bruner sold 1,000 shares of the stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $465.00, for a total value of $465,000.00. Following the completion of the sale, the director directly owned 25,544 shares in the company, valued at $11,877,960. This represents a 3.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Adam Sanders sold 725 shares of the firm’s stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $544.56, for a total transaction of $394,806.00. Following the completion of the transaction, the chief accounting officer directly owned 3,181 shares in the company, valued at approximately $1,732,245.36. This represents a 18.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 9,225 shares of company stock worth $4,454,181. Corporate insiders own 0.30% of the company’s stock.

Trending Headlines about Applied Materials

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

• Positive Sentiment: Applied Materials and Intel announced expanded collaboration on next-generation transistors, interconnects and advanced packaging for AI chips. The work will involve Applied’s $5 billion EPIC Center and Intel’s Oregon R&D campus, potentially strengthening AMAT’s position in advanced chip manufacturing. Applied Materials and Intel Collaborate to Accelerate Chipmaking Innovations for AI-Driven Computing
• Positive Sentiment: Recent commentary remains bullish on AMAT’s exposure to AI-driven wafer-fabrication equipment, advanced memory and packaging. Analysts and industry reports cite durable semiconductor demand, record growth in Applied Global Services and capacity expansion as potential drivers of further upside. Zacks Industry Outlook Applied Materials, Lam Research and FormFactor
• Positive Sentiment: AMAT’s latest reported quarter showed strong execution: revenue rose 24.8% year over year to $9.12 billion and EPS of $3.50 exceeded expectations. The company also provided fourth-quarter 2026 EPS guidance of $3.82 to $4.22. Several analysts maintain buy or strong-buy ratings, with a reported consensus price target of $640.20.
• Neutral Sentiment: Investor attention is elevated, with multiple reports examining bullish theses, options activity and AMAT’s position versus Lam Research and KLA. However, these articles provide sentiment and market-interest signals rather than new financial results.
• Negative Sentiment: Valuation is demanding after a reported 143.9% one-year gain. AMAT trades at roughly 9.6 times sales and around 45 times earnings, leaving the stock vulnerable to profit-taking or disappointment. Compared with Nvidia, Applied Materials has lower revenue growth momentum and profitability, including a reported 24.7% net margin versus Nvidia’s 55.6%.
• Negative Sentiment: Chief Accounting Officer Adam Sanders sold 725 shares for approximately $394,806, reducing his holdings by 18.56%. The sale was described as being made to cover tax withholding on vested equity awards, making it a limited—but still slightly negative—signal.

About Applied Materials

Applied Materials, Inc is a global supplier of equipment, services and software used to manufacture semiconductor chips, flat-panel displays and other advanced electronic products. Its technologies help customers build and enhance materials at the nanoscale, supporting processes such as deposition, etching, inspection, metrology and packaging.

The company’s offerings include semiconductor manufacturing systems, process-control and inspection equipment, and services designed to improve the performance, productivity and longevity of production equipment.