Applied Materials, Inc. $AMAT Stock Holdings Reduced by Maj Invest Holding A S

Maj Invest Holding A S reduced its position in Applied Materials, Inc. (NASDAQ:AMAT) by 4.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,184,824 shares of the manufacturing equipment provider’s stock after selling 58,834 shares during the period. Applied Materials comprises about 8.3% of Maj Invest Holding A S’s holdings, making the stock its 3rd largest position. Maj Invest Holding A S’s holdings in Applied Materials were worth $242,580,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. State Street Corp increased its holdings in Applied Materials by 1.0% in the second quarter. State Street Corp now owns 38,920,984 shares of the manufacturing equipment provider’s stock worth $7,125,265,000 after buying an additional 391,540 shares during the last quarter. Geode Capital Management LLC grew its position in Applied Materials by 2.0% in the second quarter. Geode Capital Management LLC now owns 21,026,363 shares of the manufacturing equipment provider’s stock worth $3,836,807,000 after acquiring an additional 407,282 shares in the last quarter. Alliancebernstein L.P. grew its position in Applied Materials by 72.5% in the second quarter. Alliancebernstein L.P. now owns 13,564,120 shares of the manufacturing equipment provider’s stock worth $2,483,183,000 after acquiring an additional 5,700,349 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of Applied Materials by 13.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,936,363 shares of the manufacturing equipment provider’s stock worth $1,635,992,000 after purchasing an additional 1,075,525 shares during the last quarter. Finally, Norges Bank bought a new position in shares of Applied Materials during the 2nd quarter valued at $1,604,002,000. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Applied Materials

In related news, CAO Adam Sanders sold 609 shares of the stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $255.53, for a total value of $155,617.77. Following the completion of the sale, the chief accounting officer owned 4,413 shares in the company, valued at approximately $1,127,653.89. This trade represents a 12.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Teri A. Little sold 4,000 shares of the business’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $238.24, for a total value of $952,960.00. Following the transaction, the senior vice president owned 84,351 shares in the company, valued at $20,095,782.24. This represents a 4.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 8,609 shares of company stock worth $2,044,898 over the last 90 days. Company insiders own 0.24% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on AMAT. Weiss Ratings upgraded shares of Applied Materials from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, December 29th. Needham & Company LLC upped their price target on Applied Materials from $260.00 to $390.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. Cantor Fitzgerald reissued an “overweight” rating and set a $350.00 price objective on shares of Applied Materials in a report on Tuesday, December 16th. TD Cowen restated a “buy” rating on shares of Applied Materials in a report on Thursday, December 4th. Finally, Deutsche Bank Aktiengesellschaft raised Applied Materials from a “hold” rating to a “buy” rating and upped their target price for the stock from $275.00 to $390.00 in a research report on Friday. Twenty-three investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $294.75.

Applied Materials Stock Performance

AMAT opened at $319.46 on Tuesday. The company has a quick ratio of 1.87, a current ratio of 2.61 and a debt-to-equity ratio of 0.32. The stock’s 50 day moving average price is $272.58 and its two-hundred day moving average price is $223.62. The firm has a market capitalization of $253.31 billion, a P/E ratio of 36.80, a price-to-earnings-growth ratio of 3.34 and a beta of 1.67. Applied Materials, Inc. has a 12-month low of $123.74 and a 12-month high of $333.03.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings data on Thursday, November 13th. The manufacturing equipment provider reported $2.17 earnings per share for the quarter, beating the consensus estimate of $2.11 by $0.06. The company had revenue of $6.80 billion during the quarter, compared to analysts’ expectations of $6.68 billion. Applied Materials had a return on equity of 39.26% and a net margin of 24.67%.Applied Materials’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same period in the prior year, the business earned $2.32 earnings per share. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. On average, equities analysts forecast that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Thursday, February 19th will be issued a $0.46 dividend. The ex-dividend date of this dividend is Thursday, February 19th. This represents a $1.84 dividend on an annualized basis and a yield of 0.6%. Applied Materials’s dividend payout ratio is 21.20%.

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.