9,104 Shares in Applied Materials, Inc. $AMAT Acquired by Shepherd Street Advisors LLC

Shepherd Street Advisors LLC purchased a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,104 shares of the manufacturing equipment provider’s stock, valued at approximately $2,340,000. Applied Materials makes up 2.2% of Shepherd Street Advisors LLC’s holdings, making the stock its 11th biggest holding.

A number of other large investors have also added to or reduced their stakes in the stock. Redmont Wealth Advisors LLC acquired a new position in Applied Materials in the third quarter valued at about $26,000. Highline Wealth Partners LLC increased its holdings in Applied Materials by 48.7% in the 4th quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock valued at $30,000 after buying an additional 38 shares during the period. Joseph Group Capital Management bought a new position in Applied Materials in the 4th quarter valued at about $31,000. Dogwood Wealth Management LLC increased its holdings in Applied Materials by 52.4% in the 4th quarter. Dogwood Wealth Management LLC now owns 128 shares of the manufacturing equipment provider’s stock valued at $33,000 after buying an additional 44 shares during the period. Finally, IMG Wealth Management Inc. increased its stake in shares of Applied Materials by 147.2% in the 4th quarter. IMG Wealth Management Inc. now owns 131 shares of the manufacturing equipment provider’s stock valued at $34,000 after purchasing an additional 78 shares during the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on AMAT. Argus lifted their price target on Applied Materials from $420.00 to $500.00 and gave the company a “buy” rating in a research note on Tuesday, May 19th. Stifel Nicolaus set a $530.00 price target on Applied Materials in a research note on Friday, May 15th. Morgan Stanley reiterated an “equal weight” rating and issued a $502.00 price target (up from $454.00) on shares of Applied Materials in a research note on Friday, May 15th. Barclays lifted their price target on Applied Materials from $450.00 to $500.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Finally, Truist Financial set a $575.00 price objective on Applied Materials in a research report on Thursday, May 28th. Twenty-seven analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $470.13.

Applied Materials Trading Up 7.0%

Shares of AMAT stock opened at $490.05 on Wednesday. The firm has a market capitalization of $389.08 billion, a P/E ratio of 46.01, a P/E/G ratio of 1.28 and a beta of 1.67. Applied Materials, Inc. has a twelve month low of $154.46 and a twelve month high of $491.51. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22. The stock’s fifty day simple moving average is $399.26 and its 200 day simple moving average is $335.80.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, topping analysts’ consensus estimates of $2.68 by $0.18. The business had revenue of $7.91 billion for the quarter, compared to analyst estimates of $7.68 billion. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.Applied Materials’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.39 EPS. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. As a group, sell-side analysts predict that Applied Materials, Inc. will post 12.02 EPS for the current fiscal year.

Applied Materials Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Thursday, May 21st will be issued a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, May 21st. This is a boost from Applied Materials’s previous quarterly dividend of $0.46. Applied Materials’s dividend payout ratio (DPR) is presently 19.91%.

Trending Headlines about Applied Materials

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

• Positive Sentiment: Jim Cramer said Applied Materials “can’t keep up with demand” and later added that he’s betting the company “will just keep winning,” reinforcing a bullish narrative around AI-driven semiconductor equipment demand. Applied Materials (AMAT) Can’t Keep Up With Demand, Says Jim Cramer
• Positive Sentiment: Applied Materials presented at the Bank of America 2026 Global Technology Conference, keeping the stock in focus and potentially giving management a chance to highlight demand trends, margin outlook, and AI-related opportunities. Applied Materials, Inc. (AMAT) Presents at Bank of America 2026 Global Technology Conference Transcript
• Positive Sentiment: Multiple recent articles describe AMAT as a trending stock and note Wall Street’s bullish view, suggesting investor sentiment remains constructive heading into the next catalyst. Is It Worth Investing in Applied Materials (AMAT) Based on Wall Street’s Bullish Views?
• Positive Sentiment: Another piece highlights AMAT’s growing attention among investors, which can support momentum in a stock that is already trading near its 52-week high. Applied Materials, Inc. (AMAT) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Several commentary pieces discuss Applied Materials’ “real value” and broader AI investment themes, but they do not appear to include a direct new fundamental update that would materially change the near-term outlook. Applied Materials And Its Real Value
• Neutral Sentiment: Broadcom-related coverage mentioned Applied Materials as a partner in new AI data center and network platform announcements, but the impact on AMAT itself appears indirect for now. Why Broadcom (AVGO) Is Up 11.1% After New AI Data Center And Edge Network Platforms

Insider Activity

In other Applied Materials news, Director Judy Bruner sold 1,128 shares of Applied Materials stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $450.00, for a total transaction of $507,600.00. Following the transaction, the director directly owned 26,544 shares of the company’s stock, valued at approximately $11,944,800. The trade was a 4.08% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Adam Sanders sold 268 shares of Applied Materials stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $434.22, for a total value of $116,370.96. Following the transaction, the chief accounting officer directly owned 4,280 shares in the company, valued at $1,858,461.60. The trade was a 5.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.30% of the stock is currently owned by insiders.

Applied Materials Company 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.