Ironvine Capital Partners LLC Sells 5,727 Shares of Applied Materials, Inc. $AMAT

Ironvine Capital Partners LLC lowered its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 14.5% in the 2nd quarter, Holdings Channel reports. The firm owned 33,703 shares of the manufacturing equipment provider’s stock after selling 5,727 shares during the period. Applied Materials accounts for 2.1% of Ironvine Capital Partners LLC’s portfolio, making the stock its 21st biggest holding. Ironvine Capital Partners LLC’s holdings in Applied Materials were worth $24,367,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC increased its holdings in Applied Materials by 28.0% in the 4th quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock worth $2,061,000 after buying an additional 2,771 shares in the last quarter. Sivia Capital Partners LLC raised its position in Applied Materials by 26.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,225 shares of the manufacturing equipment provider’s stock worth $590,000 after buying an additional 679 shares during the last quarter. Forefront Wealth Partners LLC bought a new position in Applied Materials during the 2nd quarter valued at about $410,000. Schnieders Capital Management LLC. lifted its stake in Applied Materials by 30.1% during the 2nd quarter. Schnieders Capital Management LLC. now owns 15,003 shares of the manufacturing equipment provider’s stock valued at $2,747,000 after acquiring an additional 3,469 shares during the period. Finally, Sei Investments Co. boosted its holdings in shares of Applied Materials by 59.3% during the 2nd quarter. Sei Investments Co. now owns 422,694 shares of the manufacturing equipment provider’s stock valued at $77,383,000 after acquiring an additional 157,426 shares during the last quarter. 80.56% of the stock is owned by institutional investors.

Key Stories Impacting Applied Materials

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

• Positive Sentiment: UBS raised its price target to $695 and maintained a Buy rating, implying substantial potential upside from recent trading levels. The upgrade reflects continued confidence in Applied Materials’ semiconductor-equipment business. Tickerreport.com article
• Positive Sentiment: Erste Group lifted its FY2027 earnings-per-share forecast to $18.56 from $17.13. Although the firm retained a Hold rating, the higher estimate suggests improving expectations for long-term demand and profitability.
• Neutral Sentiment: Analysts continue to describe Applied Materials’ longer-term prospects favorably, with the company viewed as a beneficiary of semiconductor and artificial-intelligence infrastructure investment. Comparisons with Corning also highlight AMAT’s exposure to the chip-manufacturing equipment side of the AI supply chain. Corning versus Applied Materials article
• Negative Sentiment: Higher oil prices and a global bond selloff pushed the 10-year Treasury yield toward 4.79%. Rising yields increase corporate financing costs and reduce the present value of future earnings, creating pressure on higher-valuation technology and semiconductor stocks. Semiconductor stocks trade down article
• Negative Sentiment: Semiconductor stocks broadly declined as investors reassessed expensive growth stocks in response to the jump in long-term interest rates. Applied Materials’ elevated valuation and relatively high market sensitivity make it vulnerable to this risk-off rotation. Semiconductor stocks slide article

Analysts Set New Price Targets

AMAT has been the subject of a number of research analyst reports. Craig Hallum lifted their price target on shares of Applied Materials from $530.00 to $585.00 and gave the stock a “buy” rating in a research note on Friday, August 14th. Wall Street Zen upgraded shares of Applied Materials from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. Sanford C. Bernstein raised their target price on shares of Applied Materials from $675.00 to $700.00 and gave the stock an “outperform” rating in a report on Friday, August 14th. Raymond James Financial set a $650.00 target price on shares of Applied Materials in a research report on Wednesday, June 10th. Finally, HC Wainwright set a $850.00 target price on shares of Applied Materials in a research note on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $658.45.

Insider Buying and Selling at Applied Materials

In other news, SVP Omkaram Nalamasu sold 24,263 shares of the company’s stock in a transaction 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 completion of the sale, the senior vice president directly 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 document filed with the SEC, which is available at this link. Also, Director Thomas J. Iannotti sold 9,250 shares of the firm’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $599.77, for a total value of $5,547,872.50. Following the completion of the transaction, the director directly owned 40,559 shares in the company, valued at approximately $24,326,071.43. This represents a 18.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 281,692 shares of company stock worth $171,378,059. Insiders own 0.30% of the company’s stock.

Applied Materials Trading Down 3.6%

Applied Materials stock opened at $441.85 on Wednesday. Applied Materials, Inc. has a 52-week low of $154.46 and a 52-week high of $739.67. The company has a market cap of $350.65 billion, a P/E ratio of 38.09, a P/E/G ratio of 1.28 and a beta of 1.60. The company has a quick ratio of 1.79, a current ratio of 2.42 and a debt-to-equity ratio of 0.20. The business has a 50-day simple moving average of $544.29 and a two-hundred day simple moving average of $459.28.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings data on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share for the quarter, topping the consensus estimate of $3.40 by $0.10. The firm had revenue of $9.12 billion for the quarter, compared to analysts’ expectations of $8.99 billion. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The business’s quarterly revenue was up 24.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.48 EPS. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. Analysts predict that Applied Materials, Inc. will post 12.76 EPS for the current year.

Applied Materials Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be given a $0.53 dividend. The ex-dividend date is Thursday, August 20th. This represents a $2.12 annualized dividend and a yield of 0.5%. Applied Materials’s dividend payout ratio (DPR) is presently 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.