RB Capital Management LLC Acquires Shares of 2,521 Applied Materials, Inc. $AMAT

RB Capital Management LLC bought a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 2,521 shares of the manufacturing equipment provider’s stock, valued at approximately $1,823,000.

Several other institutional investors also recently added to or reduced their stakes in AMAT. Harborfront Financial Group LLC purchased a new stake in Applied Materials in the 2nd quarter valued at about $27,000. Orion Capital Management LLC purchased a new position in shares of Applied Materials during the second quarter worth approximately $33,000. BOK Financial Private Wealth Inc. bought a new stake in shares of Applied Materials during the second quarter valued at approximately $41,000. Financial Freedom LLC purchased a new stake in shares of Applied Materials in the first quarter valued at approximately $28,000. Finally, Elevation Wealth Partners LLC boosted its holdings in shares of Applied Materials by 34.8% in the second quarter. Elevation Wealth Partners LLC now owns 93 shares of the manufacturing equipment provider’s stock valued at $67,000 after purchasing an additional 24 shares during the period. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on the company. Truist Financial set a $575.00 price objective on Applied Materials in a report on Thursday, May 28th. Barclays upped their price objective on shares of Applied Materials from $500.00 to $590.00 and gave the stock an “overweight” rating in a research note on Thursday, June 11th. Mizuho lowered their price target on shares of Applied Materials from $650.00 to $590.00 and set an “outperform” rating for the company in a research report on Tuesday. Wall Street Zen raised shares of Applied Materials from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. Finally, Bank of America reduced their price objective on shares of Applied Materials from $720.00 to $650.00 and set a “buy” rating for the company in a research note on Friday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Applied Materials has an average rating of “Moderate Buy” and an average target price of $657.76.

Insider Buying and Selling at Applied Materials

In other Applied Materials news, CFO Brice Hill sold 7,500 shares of the business’s stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $479.25, for a total value of $3,594,375.00. Following the completion of the transaction, the chief financial officer directly owned 128,613 shares of the company’s stock, valued at approximately $61,637,780.25. The trade was a 5.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Gary E. Dickerson sold 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $735.22, for a total value of $14,704,400.00. Following the completion of the sale, the chief executive officer owned 1,599,843 shares in the company, valued at approximately $1,176,236,570.46. This represents a 1.23% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 284,192 shares of company stock worth $172,625,209. Corporate insiders own 0.30% of the company’s stock.

Applied Materials Price Performance

NASDAQ AMAT opened at $461.67 on Friday. The firm’s fifty day simple moving average is $550.80 and its two-hundred day simple moving average is $456.77. The company has a current ratio of 2.42, a quick ratio of 1.79 and a debt-to-equity ratio of 0.20. Applied Materials, Inc. has a 12-month low of $154.46 and a 12-month high of $739.67. The firm has a market capitalization of $366.38 billion, a P/E ratio of 39.80, a P/E/G ratio of 1.03 and a beta of 1.61.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings data on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.40 by $0.10. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The firm had revenue of $9.12 billion for the quarter, compared to the consensus estimate of $8.99 billion. During the same quarter in the prior year, the company posted $2.48 earnings per share. The company’s revenue for the quarter was up 24.8% compared to the same quarter last year. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. Analysts forecast that Applied Materials, Inc. will post 12.73 EPS for the current fiscal year.

Applied Materials Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be issued a dividend of $0.53 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.5%. Applied Materials’s payout ratio is 18.28%.

Applied Materials News Roundup

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

• Positive Sentiment: Semiconductor and AI demand remains strong: Recent coverage highlights Applied Materials’ $9.12 billion third-quarter revenue, up 25% year over year, and non-GAAP EPS of $3.50, up 41%. Management cited record demand visibility from AI infrastructure, more than 10 new fab projects during the quarter and fourth-quarter revenue guidance of $10.25 billion. The company is also continuing share repurchases and investing $5 billion in its EPIC Center to accelerate semiconductor innovation. The AI Buildout Is Turning Applied Materials Into A Profit Machine
• Positive Sentiment: New board member adds semiconductor expertise: AMAT appointed Akash Palkhiwala, Qualcomm’s CFO and COO, to its board and Audit Committee. His finance, operations and industry experience could strengthen oversight as Applied Materials pursues growth tied to advanced logic, memory and AI chip production. Applied Materials Appoints Akash Palkhiwala to Board of Directors
• Neutral Sentiment: Options market signals elevated uncertainty: A new analysis says options pricing for roughly one year ahead implies a particularly wide potential trading range, extending materially below and above the current level. That suggests investors should expect significant volatility rather than providing a clear directional signal. How Far Applied Materials Stock Can Move In A Year
• Negative Sentiment: CFO share sale may weigh modestly on sentiment: CFO Brice Hill sold 7,500 AMAT shares for approximately $3.6 million, reducing his direct holdings by 5.51%. The sale does not alter the company’s operating outlook, but insider selling can create a limited short-term sentiment overhang. SEC Insider Transaction Filing

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.