Applied Materials, Inc. $AMAT Stock Sold by Formuepleje A S

Formuepleje A S reduced its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 26.8% during the third quarter, Holdings Channel.com reports. The fund owned 6,138 shares of the manufacturing equipment provider’s stock after selling 2,243 shares during the quarter. Formuepleje A S’s holdings in Applied Materials were worth $3,139,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. WealthPlan Investment Management LLC lifted its holdings in shares of Applied Materials by 14.3% in the 3rd quarter. WealthPlan Investment Management LLC now owns 22,689 shares of the manufacturing equipment provider’s stock worth $11,602,000 after buying an additional 2,834 shares during the period. SBE LLC DBA Cedar Cove Wealth Partners increased its stake in shares of Applied Materials by 5.1% during the third quarter. SBE LLC DBA Cedar Cove Wealth Partners now owns 1,389 shares of the manufacturing equipment provider’s stock valued at $710,000 after buying an additional 68 shares during the period. HBW Advisory Services LLC increased its stake in shares of Applied Materials by 46.4% during the third quarter. HBW Advisory Services LLC now owns 1,184 shares of the manufacturing equipment provider’s stock valued at $605,000 after buying an additional 375 shares during the period. KG Capital Management increased its stake in shares of Applied Materials by 2.2% during the third quarter. KG Capital Management now owns 1,307 shares of the manufacturing equipment provider’s stock valued at $668,000 after buying an additional 28 shares during the period. Finally, Howard Financial Services LTD. raised its holdings in shares of Applied Materials by 24.0% in the third quarter. Howard Financial Services LTD. now owns 997 shares of the manufacturing equipment provider’s stock valued at $510,000 after acquiring an additional 193 shares in the last quarter. 80.56% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently weighed in on AMAT shares. Susquehanna upped their price objective on shares of Applied Materials from $575.00 to $900.00 and gave the stock a “positive” rating in a research note on Tuesday, June 30th. HC Wainwright set a $850.00 target price on shares of Applied Materials in a research report on Monday, June 29th. New Street Research reduced their price target on shares of Applied Materials from $580.00 to $525.00 and set a “neutral” rating for the company in a report on Friday, August 14th. Jefferies Financial Group upped their price target on shares of Applied Materials from $510.00 to $770.00 and gave the stock a “buy” rating in a research report on Friday, June 26th. Finally, Sanford C. Bernstein upped their price target on shares of Applied Materials from $675.00 to $700.00 and gave the stock an “outperform” rating in a research report on Friday, August 14th. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $637.14.

Insider Buying and Selling at Applied Materials

In other Applied Materials news, CFO Brice Hill sold 7,500 shares of the stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $479.25, for a total transaction of $3,594,375.00. Following the completion of the sale, the chief financial officer directly owned 128,613 shares of the company’s stock, valued at approximately $61,637,780.25. This represents a 5.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CAO Adam Sanders sold 725 shares of the firm’s stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $544.56, for a total transaction of $394,806.00. Following the completion of the sale, the chief accounting officer owned 3,181 shares in the company, valued at $1,732,245.36. This represents a 18.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 9,225 shares of company stock valued at $4,454,181. 0.30% of the stock is currently owned by insiders.

Applied Materials Stock Down 3.8%

Shares of AMAT traded down $17.15 during trading hours on Thursday, hitting $429.48. The company had a trading volume of 5,575,431 shares, compared to its average volume of 7,855,117. The company has a market capitalization of $340.83 billion, a PE ratio of 36.91, a price-to-earnings-growth ratio of 1.29 and a beta of 1.60. 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 one year low of $203.40 and a one year high of $739.67. The company’s fifty day moving average price is $485.07 and its two-hundred day moving average price is $484.96.

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 analysts’ consensus estimates of $3.40 by $0.10. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%. The firm had revenue of $9.12 billion during the quarter, compared to analysts’ expectations of $8.99 billion. During the same period in the prior year, the business posted $2.48 EPS. The firm’s quarterly revenue was up 24.8% on a year-over-year basis. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. As a group, equities analysts forecast that Applied Materials, Inc. will post 12.79 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Thursday, November 19th will be given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, November 19th. Applied Materials’s dividend payout ratio is presently 18.28%.

Applied Materials News Roundup

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

• Positive Sentiment: Applied Materials unveiled its EPIC Center, a planned semiconductor research and development hub involving Intel, Micron, SK Hynix and Samsung. The facility is intended to accelerate chip innovation and could strengthen AMAT’s strategic position as AI drives demand for more advanced manufacturing. Applied Materials Unveils $5 Billion EPIC Center for Semiconductor R&D
• Positive Sentiment: Applied Ventures invested in Flexcompute’s Physics World Model AI platform, supporting faster and more accurate semiconductor design and materials simulations. The initiative could improve chip-development efficiency and create longer-term opportunities for Applied Materials. Applied Materials Backs AI Physics Modeling Push
• Positive Sentiment: RBC reaffirmed its “outperform” rating and assigned a $600 price target, while other analyst commentary cited positive earnings-estimate revisions and potential upside. Investors are also weighing AMAT’s history of earnings beats and strong demand for AI-related wafer-fabrication equipment.
• Neutral Sentiment: Thirty-one exchange-traded funds added AMAT shares on October 13, indicating continued institutional exposure, although the purchases have not offset the recent selling pressure. 31 ETFs Add to Applied Materials
• Negative Sentiment: The main catalyst for the selloff was investor-day guidance that some investors viewed as uncertain or insufficiently ambitious for 2030. Concerns included the lack of clearer near-term financial targets and questions surrounding the stated $5 billion EPIC Center investment. Why Applied Materials Sank Today
• Negative Sentiment: AMAT was also pressured by profit-taking across semiconductor-equipment stocks after a powerful AI-driven rally. Weakness in chip shares, including a sharp decline in South Korea’s KOSPI, intensified the sector-wide risk-off move. Semiconductor Equipment Stocks Slide

Applied Materials Company Profile

Applied Materials, Inc is a global supplier of equipment, services and software used to manufacture semiconductor chips, flat-panel displays and other advanced electronic products. Its technologies help customers build and enhance materials at the nanoscale, supporting processes such as deposition, etching, inspection, metrology and packaging.

The company’s offerings include semiconductor manufacturing systems, process-control and inspection equipment, and services designed to improve the performance, productivity and longevity of production equipment.