Pinpoint Asset Management Singapore Pte. Ltd. Acquires 2,827 Shares of Applied Materials, Inc. $AMAT

Pinpoint Asset Management Singapore Pte. Ltd. grew its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 282,700.0% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 2,828 shares of the manufacturing equipment provider’s stock after acquiring an additional 2,827 shares during the quarter. Pinpoint Asset Management Singapore Pte. Ltd.’s holdings in Applied Materials were worth $2,045,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. PFC Capital Group Inc. purchased a new stake in Applied Materials in the second quarter worth $289,000. SPX Gestao de Recursos Ltda bought a new stake in Applied Materials in the second quarter valued at $904,000. Meridian Wealth Management LLC increased its position in Applied Materials by 7.7% during the 2nd quarter. Meridian Wealth Management LLC now owns 11,645 shares of the manufacturing equipment provider’s stock valued at $8,420,000 after purchasing an additional 833 shares during the period. Cornerstone Select Advisors LLC purchased a new position in Applied Materials during the 2nd quarter valued at $383,000. Finally, Strata Wealth Advisors LLC bought a new position in Applied Materials in the 2nd quarter worth $244,000. Institutional investors own 80.56% of the company’s stock.

Insider Buying and Selling at Applied Materials

In related news, SVP Omkaram Nalamasu sold 24,263 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $593.43, for a total value of $14,398,392.09. Following the sale, the senior vice president owned 146,916 shares in the company, valued at $87,184,361.88. This represents a 14.17% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Gary E. Dickerson sold 71,727 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $593.75, for a total value of $42,587,906.25. Following the completion of the sale, the chief executive officer owned 1,695,164 shares in the company, valued at $1,006,503,625. The trade was a 4.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 278,088 shares of company stock valued at $169,654,805. 0.30% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

AMAT has been the subject of several research analyst reports. Craig Hallum raised their target price on shares of Applied Materials from $530.00 to $585.00 and gave the stock a “buy” rating in a research report on Friday. Susquehanna boosted their price target on shares of Applied Materials from $575.00 to $900.00 and gave the company a “positive” rating in a research report on Tuesday, June 30th. Raymond James Financial set a $650.00 price target on shares of Applied Materials in a research note on Wednesday, June 10th. HC Wainwright set a $850.00 price objective on shares of Applied Materials in a report on Monday, June 29th. Finally, Citigroup reaffirmed a “buy” rating on shares of Applied Materials in a research report on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $643.50.

Key Headlines Impacting Applied Materials

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

• Positive Sentiment: Applied Materials has gained significant investor attention as a key beneficiary of AI-related semiconductor and memory-fabrication investment. Its broad equipment portfolio and exposure to strong chip demand support the longer-term growth outlook. Applied Materials Rockets 98% in 2026
• Positive Sentiment: Analyst commentary remains broadly constructive, citing AI-driven growth, semiconductor demand and Applied Materials’ diversified product portfolio as reasons to hold the stock despite its premium valuation. Should You Buy, Sell or Hold AMAT Stock
• Positive Sentiment: B. Riley and Needham reiterated Buy ratings, while separate analyst reports raised price targets to $600 and $660, reinforcing bullish expectations for continued earnings and industry growth. Applied Materials Buy Rating Reiterated
• Neutral Sentiment: Applied Materials has substantially outperformed Lam Research and KLA in the 2026 AI-capex rally. The comparison suggests the shares have greater momentum but may also face higher expectations if chip-equipment spending slows. AMAT Compared With Lam Research and KLA
• Negative Sentiment: Recent doubts about the durability of AI spending triggered a broad pullback in chip-equipment stocks. Applied Materials’ roughly 98% year-to-date advance leaves the stock particularly exposed to de-risking and profit-taking.
• Negative Sentiment: One analysis argues that AMAT is “priced for perfection,” while another notes that beating Wall Street estimates may not be sufficient to support further gains when valuation and forward expectations are already demanding. Applied Materials Is Priced for Perfection

Applied Materials Stock Performance

Shares of AMAT stock opened at $514.33 on Wednesday. Applied Materials, Inc. has a 12 month low of $154.46 and a 12 month high of $739.67. The stock has a market cap of $408.36 billion, a PE ratio of 44.34, a price-to-earnings-growth ratio of 1.25 and a beta of 1.61. The company has a current ratio of 2.42, a quick ratio of 1.79 and a debt-to-equity ratio of 0.20. The company’s fifty day moving average price is $565.31 and its 200-day moving average price is $448.45.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.40 by $0.10. The company had revenue of $9.12 billion during the quarter, compared to analyst estimates of $8.99 billion. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. Applied Materials’s quarterly revenue was up 24.8% compared to the same quarter last year. During the same period last year, the business earned $2.48 EPS. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. On average, equities analysts expect that Applied Materials, Inc. will post 12.65 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The firm also recently disclosed 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 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Thursday, August 20th. Applied Materials’s dividend payout ratio is 18.28%.

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.