Applied Materials, Inc. $AMAT Stock Purchased by Danica Pension Livsforsikringsaktieselskab

Danica Pension Livsforsikringsaktieselskab boosted its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 33.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 106,857 shares of the manufacturing equipment provider’s stock after purchasing an additional 26,682 shares during the quarter. Applied Materials makes up approximately 0.9% of Danica Pension Livsforsikringsaktieselskab’s holdings, making the stock its 24th largest position. Danica Pension Livsforsikringsaktieselskab’s holdings in Applied Materials were worth $54,645,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Harborfront Financial Group LLC bought a new position in shares of Applied Materials in the second quarter worth $27,000. Curry Webb Wealth Management LLC acquired a new stake in Applied Materials during the third quarter valued at approximately $30,000. Dakota Community Bank & Trust NA bought a new stake in shares of Applied Materials during the 3rd quarter worth $31,000. Orion Capital Management LLC acquired a new position in shares of Applied Materials in the 2nd quarter valued at $33,000. Finally, Highland Investment Advisors LLC purchased a new position in shares of Applied Materials in the second quarter worth approximately $33,000. Institutional investors own 80.56% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on AMAT. Wells Fargo & Company dropped their target price on Applied Materials from $610.00 to $500.00 and set an “overweight” rating on the stock in a report on Friday. Wall Street Zen upgraded Applied Materials from a “hold” rating to a “buy” rating in a research report on Saturday, September 26th. Argus set a $600.00 price objective on Applied Materials and gave the company a “buy” rating in a report on Tuesday, August 18th. Weiss Ratings downgraded shares of Applied Materials from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, September 9th. Finally, Deutsche Bank restated a “buy” rating and set a $605.00 price target (down from $680.00) on shares of Applied Materials in a research report on Friday, August 14th. Twenty-nine research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, Applied Materials presently has a consensus rating of “Moderate Buy” and an average target price of $589.23.

Insiders Place Their Bets

In other Applied Materials news, CAO Adam Sanders sold 725 shares of the business’s stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $544.56, for a total value of $394,806.00. Following the completion of the transaction, the chief accounting officer directly owned 3,181 shares of the company’s stock, valued at approximately $1,732,245.36. The trade was a 18.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, 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 value of $465,000.00. Following the transaction, the director owned 25,544 shares in the company, valued at $11,877,960. This trade represents a 3.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 9,225 shares of company stock worth $4,454,181. Corporate insiders own 0.30% of the company’s stock.

Applied Materials Trading Down 2.7%

Shares of NASDAQ:AMAT traded down $10.45 during midday trading on Friday, hitting $370.50. The company had a trading volume of 11,933,246 shares, compared to its average volume of 8,342,034. The stock has a market cap of $294.03 billion, a price-to-earnings ratio of 29.36, a PEG ratio of 0.74 and a beta of 1.67. Applied Materials, Inc. has a 12 month low of $203.40 and a 12 month high of $739.67. The firm has a fifty day simple moving average of $437.91 and a 200 day simple moving average of $446.02. 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 announced its quarterly earnings results on Thursday, November 12th. The manufacturing equipment provider reported $4.16 EPS for the quarter, beating analysts’ consensus estimates of $4.06 by $0.10. The company had revenue of $10.41 billion during the quarter, compared to analysts’ expectations of $10.30 billion. Applied Materials had a return on equity of 43.37% and a net margin of 29.29%. During the same period in the prior year, the business posted $2.17 EPS. Applied Materials has set its Q1 2027 guidance at 4.150-4.550 EPS. On average, analysts predict that Applied Materials, Inc. will post 18.28 EPS for the current year.

Applied Materials Dividend Announcement

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

Trending Headlines about Applied Materials

Here are a few of the latest headlines about AMAT:

• Positive Sentiment: Fiscal Q4 revenue reached a record $10.41 billion, up 53% year over year, while non-GAAP EPS rose 92% to $4.16; both topped analysts’ estimates. The company also reported higher margins and returned $2.42 billion to shareholders through dividends and buybacks. Applied Materials Announces Fourth Quarter and Fiscal Year 2026 Results
• Positive Sentiment: Management’s outlook points to continued momentum: it forecast Q1 revenue of $10.6 billion–$11.6 billion and expects Semiconductor Systems revenue to grow more than 40% in calendar 2026. AI-related chip demand and capacity investment are key drivers of the forecast. Applied Materials sees semiconductor systems growth above 40%
• Neutral Sentiment: Management said demand is running ahead of supply, but component shortages and customers’ limited clean-room capacity may constrain how quickly equipment deliveries can scale. China is expected to account for less than a quarter of business in 2027, reducing reliance on that market even as export restrictions remain a risk. Applied Materials Says Chip Demand Remains Much Higher Than Supply

Applied Materials Company Profile

Applied Materials, Inc. develops and supplies equipment, software and services used to manufacture semiconductors and advanced displays. Its technologies help customers build and process materials at the microscopic scale required for chips and other electronic products. The company’s offerings include systems for depositing, removing and modifying materials, as well as inspection, measurement and process-control tools. It also provides equipment and services for advanced semiconductor packaging and supports customers with maintenance, upgrades and manufacturing software.