14,092 Applied Materials, Inc. $AMAT Shares Sold by Ibex Wealth Advisors

Ibex Wealth Advisors reduced its position in Applied Materials, Inc. (NASDAQ:AMAT) by 74.3% in the 3rd quarter, Holdings Channel reports. The firm owned 4,870 shares of the manufacturing equipment provider’s stock after selling 14,092 shares during the period. Ibex Wealth Advisors’ holdings in Applied Materials were worth $2,490,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in AMAT. BlackRock Inc. increased its position in Applied Materials by 1.6% during the second quarter. BlackRock Inc. now owns 80,212,518 shares of the manufacturing equipment provider’s stock worth $57,993,650,000 after buying an additional 1,237,685 shares during the period. State Street Corp lifted its stake in Applied Materials by 85.4% in the second quarter. State Street Corp now owns 69,525,842 shares of the manufacturing equipment provider’s stock valued at $50,267,184,000 after buying an additional 32,018,892 shares during the last quarter. Amundi lifted its stake in Applied Materials by 19.0% in the second quarter. Amundi now owns 7,808,207 shares of the manufacturing equipment provider’s stock valued at $5,645,344,000 after buying an additional 1,246,876 shares during the last quarter. Van ECK Associates Corp lifted its stake in Applied Materials by 16.2% in the second quarter. Van ECK Associates Corp now owns 7,713,599 shares of the manufacturing equipment provider’s stock valued at $5,576,932,000 after buying an additional 1,073,879 shares during the last quarter. Finally, Bank of America Corp DE purchased a new stake in Applied Materials in the second quarter valued at approximately $5,252,863,000. 80.56% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Judy Bruner sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 8th. The stock was 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 in the company, valued at $11,877,960. This represents a 3.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Adam Sanders sold 725 shares of the stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $544.56, for a total value of $394,806.00. Following the sale, the chief accounting officer directly owned 3,181 shares of the company’s stock, valued at approximately $1,732,245.36. This represents a 18.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 9,225 shares of company stock valued at $4,454,181. Company insiders own 0.30% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on AMAT shares. Seaport Research Partners reissued a “buy” rating and issued a $575.00 price objective (up from $500.00) on shares of Applied Materials in a report on Friday, August 14th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $600.00 target price on shares of Applied Materials in a report on Friday. Cantor Fitzgerald reiterated an “overweight” rating on shares of Applied Materials in a research report on Tuesday, October 20th. The Goldman Sachs Group upped their price target on shares of Applied Materials from $645.00 to $670.00 and gave the company a “buy” rating in a research report on Friday, August 14th. Finally, Wells Fargo & Company decreased their price target on shares of Applied Materials from $610.00 to $500.00 and set an “overweight” rating for the company in a research note on Friday. Twenty-nine analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, Applied Materials has a consensus rating of “Moderate Buy” and an average price target of $589.23.

Applied Materials Stock Performance

AMAT stock traded down $10.45 during 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 firm has a market cap of $294.03 billion, a PE ratio of 29.36, a price-to-earnings-growth ratio of 0.74 and a beta of 1.67. Applied Materials, Inc. has a 1-year low of $203.40 and a 1-year high of $739.67. The firm has a 50-day moving average price of $437.91 and a 200-day moving average price of $446.02. 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 quarterly earnings data on Thursday, November 12th. The manufacturing equipment provider reported $4.16 EPS for the quarter, beating the consensus estimate of $4.06 by $0.10. Applied Materials had a return on equity of 43.37% and a net margin of 29.29%. The firm had revenue of $10.41 billion during the quarter, compared to the consensus estimate of $10.30 billion. During the same period in the prior year, the business earned $2.17 EPS. Applied Materials has set its Q1 2027 guidance at 4.150-4.550 EPS. On average, analysts expect that Applied Materials, Inc. will post 18.28 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 issued a $0.53 dividend. The ex-dividend date of this dividend is Thursday, November 19th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.6%. Applied Materials’s payout ratio is presently 18.28%.

Key Stories Impacting Applied Materials

Investors following AMAT have been watching these stories:

• 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

About Applied Materials

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.