Applied Materials, Inc. $AMAT Shares Bought by Mackenzie Financial Corp

Mackenzie Financial Corp raised its position in Applied Materials, Inc. (NASDAQ:AMAT) by 39.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 252,275 shares of the manufacturing equipment provider’s stock after purchasing an additional 71,528 shares during the quarter. Mackenzie Financial Corp’s holdings in Applied Materials were worth $51,651,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Marquette Asset Management LLC increased its position in Applied Materials by 150.0% in the 3rd quarter. Marquette Asset Management LLC now owns 125 shares of the manufacturing equipment provider’s stock valued at $26,000 after acquiring an additional 75 shares during the period. Redmont Wealth Advisors LLC acquired a new position in Applied Materials during the 3rd quarter worth $26,000. Financial Gravity Companies Inc. bought a new position in shares of Applied Materials in the second quarter worth $31,000. Manning & Napier Advisors LLC bought a new position in shares of Applied Materials in the third quarter worth $31,000. Finally, Howard Hughes Medical Institute acquired a new position in shares of Applied Materials during the second quarter valued at $32,000. Institutional investors own 80.56% of the company’s stock.

Applied Materials Stock Performance

Shares of NASDAQ AMAT opened at $337.27 on Friday. The stock’s fifty day simple moving average is $333.03 and its 200 day simple moving average is $260.55. The stock has a market capitalization of $267.66 billion, a price-to-earnings ratio of 34.52, a PEG ratio of 1.59 and a beta of 1.65. The company has a quick ratio of 1.94, a current ratio of 2.71 and a debt-to-equity ratio of 0.30. Applied Materials, Inc. has a 52-week low of $123.74 and a 52-week high of $395.95.

Applied Materials (NASDAQ:AMAT) last announced its earnings results on Thursday, February 12th. The manufacturing equipment provider reported $2.38 EPS for the quarter, beating the consensus estimate of $2.21 by $0.17. Applied Materials had a return on equity of 37.52% and a net margin of 27.78%.The business had revenue of $7.01 billion during the quarter, compared to the consensus estimate of $6.88 billion. During the same period in the prior year, the business posted $2.38 earnings per share. Applied Materials’s revenue was down 2.1% compared to the same quarter last year. Applied Materials has set its Q2 2026 guidance at 2.440-2.840 EPS. As a group, sell-side analysts forecast that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have commented on the stock. KGI Securities upgraded shares of Applied Materials to an “outperform” rating and set a $425.00 price target on the stock in a research report on Friday, February 13th. TD Cowen increased their price objective on shares of Applied Materials from $315.00 to $450.00 and gave the company a “buy” rating in a report on Friday, February 13th. Zacks Research upgraded shares of Applied Materials from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 17th. Erste Group Bank initiated coverage on Applied Materials in a report on Thursday, March 5th. They set a “hold” rating on the stock. Finally, Mizuho upped their target price on Applied Materials from $370.00 to $410.00 and gave the stock an “outperform” rating in a research report on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $363.46.

Applied Materials News Summary

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

• Positive Sentiment: Applied announced partnerships with Micron and SK Hynix to develop next‑generation AI memory chips — a direct demand driver for AMAT’s wafer‑fab equipment and services if customers scale production. Applied Materials and Micron Are Partnering on Memory
• Positive Sentiment: Market coverage has highlighted AMAT’s AI exposure and momentum; reports note the stock reacted higher to the memory deals and analyst writeups emphasize resilience in the semiconductor rebound — supportive for investor sentiment and valuation. Applied Materials stock gains on AI memory deals
• Positive Sentiment: Analyst/commentary pieces (Zacks, JPMorgan summaries) continue to call out Applied as a beneficiary of a semiconductor equipment rebound, reinforcing longer‑term earnings and margin expectations. Zacks Analyst Blog on Applied Materials
• Neutral Sentiment: Public short‑interest data shown in the feed appears anomalous (0 shares / NaN change) and gives no actionable signal about bearish positioning — treat as unreliable until clarified by official exchange short‑interest releases.
• Negative Sentiment: Broader chip stocks, including peers, slid amid higher oil prices and Middle East tensions that pushed risk‑off flows; macro/geopolitical volatility is pulling cyclical names like AMAT lower despite company‑level positives. Nvidia, Broadcom, Micron Fall as Oil Risk Sends Shockwaves Through Tech

Insider Activity

In related news, Director Judy Bruner sold 2,500 shares of the stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $391.71, for a total value of $979,275.00. Following the completion of the sale, the director directly owned 26,089 shares of the company’s stock, valued at approximately $10,219,322.19. This represents a 8.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Brice Hill sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $361.21, for a total value of $1,806,050.00. Following the sale, the chief financial officer owned 138,565 shares of the company’s stock, valued at $50,051,063.65. The trade was a 3.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 12,003 shares of company stock worth $4,484,189 over the last quarter. Corporate insiders own 0.30% of the company’s stock.

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.