IFM Investors Pty Ltd Buys 1,219 Shares of Applied Materials, Inc. $AMAT

IFM Investors Pty Ltd increased its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 0.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 160,660 shares of the manufacturing equipment provider’s stock after purchasing an additional 1,219 shares during the quarter. IFM Investors Pty Ltd’s holdings in Applied Materials were worth $41,288,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Redmont Wealth Advisors LLC bought a new position in shares of Applied Materials during the 3rd quarter valued at approximately $26,000. Highline Wealth Partners LLC grew its position 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 acquiring an additional 38 shares during the last quarter. Joseph Group Capital Management bought a new position in Applied Materials in the 4th quarter valued at $31,000. Dogwood Wealth Management LLC grew its position 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 acquiring an additional 44 shares during the last quarter. Finally, IMG Wealth Management Inc. grew its position in 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 acquiring an additional 78 shares during the last quarter. Institutional investors own 80.56% of the company’s stock.

Applied Materials Price Performance

Shares of AMAT stock opened at $552.64 on Friday. Applied Materials, Inc. has a twelve month low of $154.46 and a twelve month high of $557.62. The stock has a market capitalization of $438.77 billion, a price-to-earnings ratio of 51.89, a P/E/G ratio of 1.39 and a beta of 1.67. The stock has a fifty day simple moving average of $422.95 and a two-hundred day simple moving average of $351.11. The company has a current ratio of 2.51, a quick ratio of 1.80 and a debt-to-equity ratio of 0.22.

Applied Materials (NASDAQ:AMAT) last issued its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, topping the consensus estimate of $2.68 by $0.18. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The business had revenue of $7.91 billion during the quarter, compared to analysts’ expectations of $7.68 billion. During the same period in the prior year, the business earned $2.39 EPS. The business’s revenue for the quarter 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. On average, analysts predict that Applied Materials, Inc. will post 12.02 EPS for the current fiscal year.

Applied Materials Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be issued a $0.53 dividend. This represents a $2.12 annualized dividend 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%.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Citigroup upped their price objective on Applied Materials from $420.00 to $520.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Cantor Fitzgerald upped their price objective on Applied Materials from $575.00 to $650.00 and gave the company an “overweight” rating in a research report on Wednesday. Wells Fargo & Company upped their price objective on Applied Materials from $435.00 to $520.00 and gave the company an “overweight” rating in a research report on Friday, May 15th. Barclays upped their price objective on Applied Materials from $500.00 to $590.00 and gave the company an “overweight” rating in a research report on Thursday. Finally, Summit Insights raised Applied Materials from a “hold” rating to a “buy” rating in a research report on Friday, February 13th. Twenty-seven analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $483.03.

Insider Transactions at Applied Materials

In other Applied Materials news, Director Judy Bruner sold 1,128 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $450.00, for a total value of $507,600.00. Following the completion of the sale, the director directly owned 26,544 shares in the company, valued at approximately $11,944,800. This represents 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 hyperlink. Also, insider Prabu G. Raja sold 50,000 shares of the company’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $505.28, for a total value of $25,264,000.00. Following the completion of the sale, the insider owned 356,642 shares of the company’s stock, valued at $180,204,069.76. This represents a 12.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 53,896 shares of company stock valued at $27,135,121 over the last 90 days. 0.30% of the stock is owned by corporate insiders.

Key Applied Materials News

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

• Positive Sentiment: Cantor Fitzgerald raised its price target on Applied Materials, adding to the bullish analyst backdrop and helping reinforce the stock’s upside momentum. Top 5 Strong Buy Stocks to Invest In
• Positive Sentiment: Barclays reiterated an Overweight rating on Applied Materials, citing continued investment in new chip supply and AI infrastructure demand. Applied Materials and KLA Are Surging. Why You Should Buy the Stocks, Says This Analyst.
• Positive Sentiment: Applied Materials is being highlighted as a key beneficiary of high-bandwidth memory and broader AI hardware spending, which supports long-term semiconductor equipment demand. Applied Materials (AMAT) Is One Of the Best High-Bandwidth Memory Stocks To Buy
• Positive Sentiment: The company’s new $500 million Singapore manufacturing expansion is being viewed as a strategic move to support AI chip demand and expand capacity for future growth. Applied Materials Expands Singapore Manufacturing to Support AI Chip Demand

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.