Applied Materials, Inc. $AMAT Shares Sold by Cyndeo Wealth Partners LLC

Cyndeo Wealth Partners LLC reduced its position in Applied Materials, Inc. (NASDAQ:AMAT) by 33.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,844 shares of the manufacturing equipment provider’s stock after selling 4,517 shares during the period. Cyndeo Wealth Partners LLC’s holdings in Applied Materials were worth $4,523,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Eagle Bay Advisors LLC increased its position in shares of Applied Materials by 13.1% during the third quarter. Eagle Bay Advisors LLC now owns 544 shares of the manufacturing equipment provider’s stock worth $278,000 after acquiring an additional 63 shares in the last quarter. Selective Wealth Management Inc. raised its holdings in shares of Applied Materials by 9.6% in the 3rd quarter. Selective Wealth Management Inc. now owns 1,881 shares of the manufacturing equipment provider’s stock worth $962,000 after acquiring an additional 164 shares during the last quarter. Pension & Wealth Management Advisors Inc. lifted its position in Applied Materials by 125.4% in the 3rd quarter. Pension & Wealth Management Advisors Inc. now owns 3,733 shares of the manufacturing equipment provider’s stock valued at $1,909,000 after acquiring an additional 2,077 shares in the last quarter. Howard Capital Management LLC lifted its position in Applied Materials by 72.3% in the 3rd quarter. Howard Capital Management LLC now owns 38,485 shares of the manufacturing equipment provider’s stock valued at $19,680,000 after acquiring an additional 16,144 shares in the last quarter. Finally, Goelzer Investment Management Inc. boosted its stake in Applied Materials by 12.9% during the 3rd quarter. Goelzer Investment Management Inc. now owns 508 shares of the manufacturing equipment provider’s stock valued at $260,000 after purchasing an additional 58 shares during the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials News Roundup

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

• Positive Sentiment: Applied Materials opened its $5 billion EPIC Center in Sunnyvale, California, described as the world’s largest semiconductor equipment and process-technology research facility. The investment should strengthen the company’s ability to develop equipment for advanced chips and capitalize on long-term AI and semiconductor capacity growth. Applied Materials opens $5B semiconductor innovation center
• Positive Sentiment: Needham lowered its Applied Materials price target from $740 to $580 but maintained a “buy” rating, indicating that the recent pullback has created what the firm considers meaningful upside. Other recent commentary also highlights AMAT’s broad equipment portfolio and strategic position in semiconductor manufacturing.
• Positive Sentiment: Investors are evaluating whether the current decline could offer an attractive entry point. Historical rebounds after sharp selloffs, continued semiconductor capacity expansion, and expectations for a sales recovery support the longer-term bullish case. Has Buying Applied Materials Stock’s Dips Paid Off?
• Neutral Sentiment: Analyst commentary is mixed: some reports identify Applied Materials as a growth-at-a-reasonable-price opportunity, while others present a more cautious view of technology stocks. ETF activity has also been inconsistent, with 31 funds adding AMAT on October 13 but ETFs collectively selling shares on October 14.
• Negative Sentiment: Chip-equipment stocks are recording unusually long losing streaks as investors question whether AI-related spending can continue at its current pace. Those sector-wide concerns are currently outweighing the potential benefits of the new research center and are contributing to AMAT’s decline. Chip Equipment Stocks Notch Historic Losing Streaks

Applied Materials Trading Down 4.8%

Shares of AMAT stock opened at $409.29 on Friday. Applied Materials, Inc. has a 52-week low of $203.40 and a 52-week high of $739.67. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.79 and a current ratio of 2.42. The company has a 50-day simple moving average of $480.52 and a two-hundred day simple moving average of $485.08. The company has a market capitalization of $324.81 billion, a price-to-earnings ratio of 35.28, a PEG ratio of 1.20 and a beta of 1.60.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings data on Thursday, August 13th. The manufacturing equipment provider reported $3.50 EPS for the quarter, beating 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 posted $2.48 EPS. The company’s revenue for the quarter was up 24.8% on a year-over-year basis. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. Research analysts anticipate that Applied Materials, Inc. will post 12.79 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Thursday, November 19th will be given a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, November 19th. Applied Materials’s dividend payout ratio (DPR) is presently 18.28%.

Wall Street Analysts Forecast Growth

AMAT has been the subject of a number of recent research reports. Royal Bank Of Canada reissued an “outperform” rating and set a $600.00 price objective on shares of Applied Materials in a report on Wednesday. JPMorgan Chase & Co. raised their target price on Applied Materials from $515.00 to $660.00 and gave the company an “overweight” rating in a report on Friday, August 14th. HSBC cut their target price on Applied Materials from $683.00 to $641.00 and set a “buy” rating on the stock in a research report on Friday, August 14th. Bank of America cut their target price on Applied Materials from $720.00 to $650.00 and set a “buy” rating on the stock in a research report on Friday, August 14th. Finally, Wells Fargo & Company upped their price target on Applied Materials from $715.00 to $740.00 and gave the stock an “overweight” rating in a report on Friday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, Applied Materials has a consensus rating of “Moderate Buy” and an average target price of $632.70.

Insider Activity at Applied Materials

In other Applied Materials news, CFO Brice Hill sold 7,500 shares of the business’s stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $479.25, for a total value of $3,594,375.00. Following the transaction, the chief financial officer owned 128,613 shares of the company’s stock, valued at approximately $61,637,780.25. The trade was a 5.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Judy Bruner sold 1,000 shares of the company’s stock in a transaction on 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 transaction, the director owned 25,544 shares of the company’s stock, valued at $11,877,960. This trade represents a 3.77% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 9,225 shares of company stock valued at $4,454,181. 0.30% of the stock is owned by insiders.

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.