Applied Materials, Inc. $AMAT Stock: Evergreen Private Wealth LLC Cuts Holdings

Evergreen Private Wealth LLC lessened its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 8.7% during the third quarter, Holdings Channel.com reports. The institutional investor owned 31,943 shares of the manufacturing equipment provider’s stock after selling 3,051 shares during the period. Applied Materials accounts for about 6.0% of Evergreen Private Wealth LLC’s portfolio, making the stock its largest position. Evergreen Private Wealth LLC’s holdings in Applied Materials were worth $16,335,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. IPG Investment Advisors LLC acquired a new stake in Applied Materials in the 3rd quarter worth about $431,000. Gerber Kawasaki Wealth & Investment Management grew its holdings in Applied Materials by 11.7% in the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 2,618 shares of the manufacturing equipment provider’s stock valued at $1,339,000 after buying an additional 275 shares during the period. Next Level Wealth Planning LLC purchased a new stake in Applied Materials in the 3rd quarter valued at about $83,000. Signature Equity Partners LLC increased its stake in shares of Applied Materials by 27.7% during the 3rd quarter. Signature Equity Partners LLC now owns 549 shares of the manufacturing equipment provider’s stock valued at $281,000 after acquiring an additional 119 shares during the last quarter. Finally, Summit Wealth Group LLC Co. increased its stake in shares of Applied Materials by 36.8% during the 3rd quarter. Summit Wealth Group LLC Co. now owns 3,884 shares of the manufacturing equipment provider’s stock valued at $1,986,000 after acquiring an additional 1,045 shares during the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

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 that occurred on Tuesday, August 25th. The stock was sold at an average price of $479.25, for a total transaction of $3,594,375.00. Following the transaction, the chief financial officer owned 128,613 shares of the company’s stock, valued at $61,637,780.25. This trade represents a 5.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Judy Bruner sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $465.00, for a total value of $465,000.00. Following the sale, the director directly owned 25,544 shares in the company, valued at approximately $11,877,960. This represents a 3.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 9,225 shares of company stock worth $4,454,181 in the last ninety days. 0.30% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research firms recently issued reports on AMAT. Royal Bank Of Canada restated an “outperform” rating and issued a $600.00 target price on shares of Applied Materials in a report on Wednesday, October 14th. Seaport Research Partners reaffirmed a “buy” rating and set a $575.00 price target (up from $500.00) on shares of Applied Materials in a research note on Friday, August 14th. TD Cowen reiterated a “buy” rating and issued a $700.00 price target on shares of Applied Materials in a report on Friday, August 14th. Bank of America cut their target price on Applied Materials from $720.00 to $650.00 and set a “buy” rating on the stock in a research report on Friday, August 14th. Finally, Mizuho cut their target price on Applied Materials from $650.00 to $590.00 and set an “outperform” rating on the stock in a research report on Tuesday, August 25th. Thirty equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $632.01.

Applied Materials Trading Up 2.0%

AMAT opened at $381.92 on Wednesday. The firm has a market capitalization of $303.09 billion, a P/E ratio of 34.33, a P/E/G ratio of 0.73 and a beta of 1.67. The firm’s 50 day moving average is $453.26 and its 200-day moving average is $444.38. Applied Materials, Inc. has a 52-week low of $203.40 and a 52-week high of $739.67. The company has a quick ratio of 1.79, a current ratio of 2.42 and a debt-to-equity ratio of 0.20.

Applied Materials (NASDAQ:AMAT) last posted its earnings results 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. The business 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 revenue for the quarter was up 24.8% compared to the same quarter last year. During the same period in the previous year, the company posted $2.48 earnings per share. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. Analysts expect that Applied Materials, Inc. will post 12.79 EPS for the current fiscal year.

Applied Materials Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Thursday, November 19th will be issued a $0.53 dividend. The ex-dividend date of this dividend is Thursday, November 19th. This represents a $2.12 annualized dividend and a yield of 0.6%. Applied Materials’s dividend payout ratio is currently 18.28%.

Trending Headlines about Applied Materials

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

• Positive Sentiment: Applied Materials recently reported 41% growth in adjusted earnings per share and 52% growth in DRAM revenue, alongside higher revenue guidance. Ongoing investment in capacity and hybrid bonding technology could support future growth. Article: Did Earnings Growth Just Shift Applied Materials Investment Narrative?
• Neutral Sentiment: Morgan Stanley lowered its price target to $538 from $563 and maintained an Equal Weight/Hold rating. The target remains well above the price cited in the coverage, but the downgrade reflects execution risks and tempered analyst conviction. Article: Applied Materials: Promising Demand Offset by Execution Risks
• Neutral Sentiment: The November 12 earnings report is a near-term focal point: results and guidance could either reassure investors after the selloff or reinforce concerns. Article: Applied Materials Just Dropped 29% In a Month
• Negative Sentiment: AMAT has lost nearly 29% over the past month as semiconductor-equipment shares faced broad selling. Coverage tied a recent chip-sector rout to Intel’s outlook, suggesting industry concerns—not just company-specific news—have weighed on the stock. Article: Applied Materials Sinks in Intel’s Chip Rout

About Applied Materials

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.