Applied Materials (NASDAQ:AMAT) Shares Acquired Rep. Lisa C. McClain

Key Points

• Representative Lisa C. McClain purchased shares of Applied Materials (NASDAQ:AMAT) valued between $1,001 and $15,000, as reported in a filing on August 13th, indicating potential confidence in the company's stock.
• Applied Materials recently reported quarterly earnings of $2.48 per share, surpassing analysts' expectations and reflecting a 7.7% increase in revenue year-over-year.
• The company has declared a quarterly dividend of $0.46 per share, set to be paid on September 11th, which translates to an annualized yield of 1.1%.

Representative Lisa C. McClain (R-Michigan) recently bought shares of Applied Materials, Inc. NASDAQ: AMAT. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Applied Materials stock on July 22nd. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Applied Materials Price Performance

Shares of AMAT stock traded down $26.48 on Friday, hitting $161.76. 31,753,938 shares of the company's stock were exchanged, compared to its average volume of 7,551,897. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.46 and a quick ratio of 1.76. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $215.70. The stock has a market cap of $129.81 billion, a P/E ratio of 19.28, a price-to-earnings-growth ratio of 1.81 and a beta of 1.70. The company has a 50 day moving average of $184.18 and a 200 day moving average of $166.65.

Applied Materials (NASDAQ:AMAT - Get Free Report) last issued its earnings results on Thursday, August 14th. The manufacturing equipment provider reported $2.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.36 by $0.12. Applied Materials had a return on equity of 41.31% and a net margin of 23.88%. The business had revenue of $7.30 billion during the quarter, compared to analysts' expectations of $7.21 billion. During the same quarter in the prior year, the firm earned $2.12 EPS. The business's revenue for the quarter was up 7.7% compared to the same quarter last year. On average, equities research analysts predict that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Thursday, August 21st will be given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Thursday, August 21st. Applied Materials's dividend payout ratio is currently 21.93%.

Institutional Investors Weigh In On Applied Materials

Large investors have recently added to or reduced their stakes in the business. Shelton Wealth Management LLC increased its stake in shares of Applied Materials by 1.5% in the 2nd quarter. Shelton Wealth Management LLC now owns 3,398 shares of the manufacturing equipment provider's stock worth $622,000 after purchasing an additional 51 shares in the last quarter. Octavia Wealth Advisors LLC increased its stake in shares of Applied Materials by 0.8% in the 2nd quarter. Octavia Wealth Advisors LLC now owns 6,200 shares of the manufacturing equipment provider's stock worth $1,135,000 after purchasing an additional 51 shares in the last quarter. Narus Financial Partners LLC increased its stake in shares of Applied Materials by 3.8% in the 2nd quarter. Narus Financial Partners LLC now owns 1,433 shares of the manufacturing equipment provider's stock worth $262,000 after purchasing an additional 52 shares in the last quarter. AdvisorNet Financial Inc increased its stake in shares of Applied Materials by 2.7% in the 2nd quarter. AdvisorNet Financial Inc now owns 1,958 shares of the manufacturing equipment provider's stock worth $358,000 after purchasing an additional 52 shares in the last quarter. Finally, Encompass Wealth Advisors LLC increased its stake in shares of Applied Materials by 3.4% in the 2nd quarter. Encompass Wealth Advisors LLC now owns 1,601 shares of the manufacturing equipment provider's stock worth $293,000 after purchasing an additional 53 shares in the last quarter. Institutional investors and hedge funds own 80.56% of the company's stock.

Insider Activity at Applied Materials

In other news, CAO Adam Sanders sold 562 shares of the company's stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of $178.60, for a total value of $100,373.20. Following the completion of the sale, the chief accounting officer directly owned 5,300 shares in the company, valued at $946,580. This represents a 9.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.24% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on AMAT shares. Wall Street Zen cut Applied Materials from a "buy" rating to a "hold" rating in a report on Saturday, June 14th. Redburn Atlantic cut Applied Materials from a "strong-buy" rating to a "hold" rating and lowered their target price for the stock from $225.00 to $200.00 in a report on Monday, July 7th. Deutsche Bank Aktiengesellschaft lowered their target price on Applied Materials from $200.00 to $170.00 and set a "hold" rating for the company in a report on Friday. Morgan Stanley upped their target price on Applied Materials from $169.00 to $172.00 and gave the stock an "equal weight" rating in a report on Friday. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $195.00 target price on shares of Applied Materials in a report on Friday, May 16th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and seventeen have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $194.84.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About Applied Materials

Applied Materials, Inc engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits.