Wellspring Financial Advisors LLC Acquires 4,541 Shares of Applied Materials, Inc. $AMAT

Wellspring Financial Advisors LLC increased its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 359.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 5,806 shares of the manufacturing equipment provider’s stock after purchasing an additional 4,541 shares during the period. Wellspring Financial Advisors LLC’s holdings in Applied Materials were worth $1,492,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Illinois Municipal Retirement Fund boosted its position in Applied Materials by 34.2% during the fourth quarter. Illinois Municipal Retirement Fund now owns 102,510 shares of the manufacturing equipment provider’s stock valued at $26,344,000 after acquiring an additional 26,148 shares during the last quarter. RM Financial Services LLC bought a new stake in Applied Materials during the fourth quarter valued at $1,323,000. Janney Montgomery Scott LLC boosted its position in Applied Materials by 28.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 228,062 shares of the manufacturing equipment provider’s stock valued at $58,610,000 after acquiring an additional 49,991 shares during the last quarter. First American Trust FSB boosted its position in Applied Materials by 143.9% during the fourth quarter. First American Trust FSB now owns 9,614 shares of the manufacturing equipment provider’s stock valued at $2,471,000 after acquiring an additional 5,673 shares during the last quarter. Finally, GW&K Investment Management LLC boosted its position in Applied Materials by 3.9% during the fourth quarter. GW&K Investment Management LLC now owns 897 shares of the manufacturing equipment provider’s stock valued at $231,000 after acquiring an additional 34 shares during the last quarter. Institutional investors own 80.56% of the company’s stock.

Applied Materials Trading Down 0.4%

AMAT opened at $497.01 on Thursday. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.51 and a quick ratio of 1.80. Applied Materials, Inc. has a fifty-two week low of $154.46 and a fifty-two week high of $534.44. The firm has a market capitalization of $394.61 billion, a PE ratio of 46.67, a P/E/G ratio of 1.40 and a beta of 1.67. The company’s 50-day moving average is $418.73 and its 200 day moving average is $348.79.

Applied Materials (NASDAQ:AMAT) last posted its earnings results 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. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The company had revenue of $7.91 billion for the quarter, compared to analyst estimates of $7.68 billion. During the same quarter in the prior year, the business posted $2.39 EPS. The firm’s revenue was up 11.4% compared to the same quarter last year. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. As a group, research analysts predict that Applied Materials, Inc. will post 12.02 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Thursday, August 20th. Applied Materials’s dividend payout ratio is currently 19.91%.

Analyst Ratings Changes

A number of brokerages have commented on AMAT. Wells Fargo & Company upped their price target on shares of Applied Materials from $435.00 to $520.00 and gave the company an “overweight” rating in a research report on Friday, May 15th. Needham & Company LLC upped their price target on shares of Applied Materials from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Friday, May 15th. JPMorgan Chase & Co. upped their price target on shares of Applied Materials from $400.00 to $515.00 and gave the company an “overweight” rating in a research report on Friday, May 15th. Summit Insights raised shares of Applied Materials from a “hold” rating to a “buy” rating in a research report on Friday, February 13th. Finally, DZ Bank raised shares of Applied Materials to a “hold” rating in a research report on Monday, February 16th. Twenty-seven equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $480.13.

Insider Activity

In other Applied Materials news, CFO Brice Hill sold 2,500 shares of the stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $498.86, for a total value of $1,247,150.00. Following the completion of the sale, the chief financial officer owned 136,113 shares in the company, valued at approximately $67,901,331.18. This trade represents a 1.80% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Adam Sanders sold 268 shares of the stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $434.22, for a total transaction of $116,370.96. Following the completion of the sale, the chief accounting officer owned 4,280 shares of the company’s stock, valued at approximately $1,858,461.60. This trade represents a 5.89% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 53,896 shares of company stock worth $27,135,121. Corporate insiders own 0.30% of the company’s stock.

Key Stories Impacting Applied Materials

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

• Positive Sentiment: Applied Materials received a new Street-high price target from a top Wall Street analyst, reinforcing optimism that earnings and demand can continue to improve. Applied Materials Stock (AMAT) Scores a New Street-High Price Target from a Top Wall Street Analyst
• Positive Sentiment: The company expanded its Singapore manufacturing and R&D footprint with a $500 million Tampines Campus to support AI chip demand, which investors see as a sign of long-term growth and capacity discipline. Applied Materials Expands Singapore Manufacturing to Support AI Chip Demand
• Positive Sentiment: Applied Materials announced a quarterly cash dividend of $0.53 per share, underscoring confidence in cash flow and capital returns. Applied Materials Announces Cash Dividend
• Neutral Sentiment: Broader semiconductor equipment stocks also hit record highs, adding sector-wide momentum behind AMAT. Applied Materials, other chip gear stocks hit record highs
• Neutral Sentiment: Some traders also focused on the company’s large Singapore expansion costs, which briefly pressured the shares as investors balanced near-term spending against future AI demand. Applied Materials Bets $500 Million On Singapore As AI Chip Demand Grows

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.