2,536 Applied Materials, Inc. $AMAT Shares Acquired by Glenview Trust Co

Glenview Trust Co raised its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 4.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 55,516 shares of the manufacturing equipment provider’s stock after buying an additional 2,536 shares during the period. Glenview Trust Co’s holdings in Applied Materials were worth $28,390,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Parcion Private Wealth LLC boosted its holdings in shares of Applied Materials by 10.8% in the 3rd quarter. Parcion Private Wealth LLC now owns 4,244 shares of the manufacturing equipment provider’s stock valued at $2,170,000 after buying an additional 413 shares during the last quarter. Partners Wealth Management LLC bought a new position in shares of Applied Materials in the third quarter valued at $382,000. Soltis Investment Advisors LLC increased its holdings in Applied Materials by 23.0% during the third quarter. Soltis Investment Advisors LLC now owns 27,560 shares of the manufacturing equipment provider’s stock worth $14,094,000 after buying an additional 5,145 shares during the last quarter. Founders Financial Securities LLC increased its holdings in Applied Materials by 56.0% during the third quarter. Founders Financial Securities LLC now owns 1,053 shares of the manufacturing equipment provider’s stock worth $538,000 after buying an additional 378 shares during the last quarter. Finally, ERn Financial LLC increased its holdings in Applied Materials by 5.2% during the third quarter. ERn Financial LLC now owns 590 shares of the manufacturing equipment provider’s stock worth $302,000 after buying an additional 29 shares during the last quarter. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Judy Bruner sold 1,000 shares of Applied Materials stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $465.00, for a total transaction of $465,000.00. Following the completion of the sale, the director owned 25,544 shares of the company’s stock, valued at approximately $11,877,960. The trade was a 3.77% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Brice Hill sold 7,500 shares of the company’s 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 transaction, the chief financial officer owned 128,613 shares in the company, valued at approximately $61,637,780.25. This trade represents a 5.51% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 9,225 shares of company stock valued at $4,454,181. Company insiders own 0.30% of the company’s stock.

Applied Materials News Roundup

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

• Positive Sentiment: Applied Materials’ planned move to raise its Besi stake to 20% is strengthening its exposure to hybrid bonding, a packaging technology that could benefit from rising AI-chip complexity. TIKR describes a bullish long-term scenario, with a potential price target of approximately $806 versus a roughly $628 Wall Street target. Applied Materials hybrid bonding analysis
• Positive Sentiment: Recent coverage highlights a quarter with 51% growth and argues that AMAT trades at about 23 times forward earnings, a valuation that may look reasonable if AI-related semiconductor-equipment demand remains strong. The company also recently exceeded earnings and revenue estimates and issued fourth-quarter EPS guidance of $3.82–$4.22. Applied Materials growth and valuation analysis
• Neutral Sentiment: AMAT is attracting unusually high investor attention, but the Zacks reports primarily review the company’s prospects rather than identify a new fundamental catalyst. Zacks Applied Materials investor attention report
• Negative Sentiment: Compared with Taiwan Semiconductor Manufacturing, Applied Materials has shown a flatter revenue trajectory and less consistent quarter-over-quarter growth. That comparison may reinforce concerns that AMAT’s elevated valuation already discounts substantial AI-driven demand. Applied Materials versus Taiwan Semiconductor Manufacturing

Applied Materials Stock Down 7.5%

AMAT opened at $390.09 on Friday. The stock’s fifty day simple moving average is $457.66 and its 200 day simple moving average is $443.63. Applied Materials, Inc. has a 1-year low of $203.40 and a 1-year high of $739.67. The stock has a market cap of $309.58 billion, a PE ratio of 33.63, a price-to-earnings-growth ratio of 1.17 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 (NASDAQ:AMAT) last released its quarterly earnings data on Thursday, August 13th. The manufacturing equipment provider reported $3.50 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $8.99 billion. During the same period in the previous year, the business 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. As a group, research analysts expect that Applied Materials, Inc. will post 12.79 earnings per share for the current year.

Applied Materials Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Thursday, November 19th will be paid a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Thursday, November 19th. Applied Materials’s dividend payout ratio (DPR) is currently 18.28%.

Analysts Set New Price Targets

A number of brokerages have commented on AMAT. Erste Group Bank cut shares of Applied Materials from a “buy” rating to a “hold” rating in a research note on Wednesday, August 5th. Zacks Research lowered shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 15th. Wall Street Zen raised shares of Applied Materials from a “hold” rating to a “buy” rating in a report on Saturday, September 26th. JPMorgan Chase & Co. upped their target price on shares of Applied Materials from $515.00 to $660.00 and gave the company an “overweight” rating in a report on Friday, August 14th. Finally, Craig Hallum raised their target price on shares of Applied Materials from $530.00 to $585.00 and gave the company a “buy” rating in a research note on Friday, August 14th. Thirty research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $632.70.

Applied Materials Company Profile

Applied Materials, Inc is a technology company that supplies equipment, services and software used to manufacture semiconductors and advanced displays. Its products help customers fabricate the integrated circuits and other components used in computers, mobile devices, data centers, automobiles and a range of connected technologies.

The company’s offerings include systems for materials engineering, wafer fabrication, inspection and process control, along with equipment and services designed to improve manufacturing productivity and yield.