16,560 Shares in Applied Materials, Inc. $AMAT Acquired by Wealth High Governance Capital Ltda

Wealth High Governance Capital Ltda acquired a new stake in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 16,560 shares of the manufacturing equipment provider's stock, valued at approximately $11,973,000. Applied Materials comprises 3.6% of Wealth High Governance Capital Ltda's investment portfolio, making the stock its 13th largest position.

Several other institutional investors and hedge funds have also bought and sold shares of the company. JFS Wealth Advisors LLC raised its stake in shares of Applied Materials by 4.3% in the second quarter. JFS Wealth Advisors LLC now owns 409 shares of the manufacturing equipment provider's stock valued at $296,000 after buying an additional 17 shares during the period. Innovative Asset Advisors Group LLC grew its stake in shares of Applied Materials by 2.1% during the 2nd quarter. Innovative Asset Advisors Group LLC now owns 961 shares of the manufacturing equipment provider's stock worth $695,000 after acquiring an additional 20 shares during the period. Stonebridge Financial Group LLC grew its stake in shares of Applied Materials by 2.1% during the 2nd quarter. Stonebridge Financial Group LLC now owns 1,003 shares of the manufacturing equipment provider's stock worth $725,000 after acquiring an additional 21 shares during the period. N.E.W. Advisory Services LLC increased its holdings in Applied Materials by 5.9% in the 2nd quarter. N.E.W. Advisory Services LLC now owns 377 shares of the manufacturing equipment provider's stock worth $273,000 after acquiring an additional 21 shares during the last quarter. Finally, IMG Wealth Management Inc. increased its holdings in Applied Materials by 13.0% in the 2nd quarter. IMG Wealth Management Inc. now owns 183 shares of the manufacturing equipment provider's stock worth $132,000 after acquiring an additional 21 shares during the last quarter. 80.56% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on AMAT shares. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $605.00 price objective on shares of Applied Materials in a research note on Friday, August 14th. Mizuho reduced their target price on shares of Applied Materials from $650.00 to $590.00 and set an "outperform" rating for the company in a research note on Tuesday. UBS Group set a $675.00 target price on shares of Applied Materials and gave the stock a "buy" rating in a research note on Friday, August 14th. Sanford C. Bernstein boosted their price target on shares of Applied Materials from $675.00 to $700.00 and gave the company an "outperform" rating in a research report on Friday, August 14th. Finally, Royal Bank Of Canada upped their price target on shares of Applied Materials from $520.00 to $600.00 and gave the company an "outperform" rating in a research note on Friday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $657.76.

Insider Activity at Applied Materials

In related news, SVP Omkaram Nalamasu sold 24,263 shares of the company's stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $593.43, for a total transaction of $14,398,392.09. Following the sale, the senior vice president owned 146,916 shares of the company's stock, valued at approximately $87,184,361.88. This represents a 14.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Thomas J. Iannotti sold 9,250 shares of the stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $599.77, for a total transaction of $5,547,872.50. Following the completion of the sale, the director owned 40,559 shares in the company, valued at $24,326,071.43. This represents a 18.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 276,692 shares of company stock valued at $169,030,834 in the last quarter. 0.30% of the stock is currently owned by company insiders.

Key Stories Impacting Applied Materials

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

• Positive Sentiment: Goldman Sachs reportedly named Applied Materials a “top pick,” citing the company’s exposure to the continued buildout of AI infrastructure and chip-manufacturing capacity. Applied Materials Stock Is Named a Top Pick at Goldman Sachs
• Positive Sentiment: Analysts see significant upside after the stock’s decline from its high, with AI-driven semiconductor investment and record quarterly revenue supporting bullish price targets. One report cited an average target near $641, implying roughly 32% potential appreciation from recent levels. Wall Street Sees Rally Despite Decline From Peak
• Positive Sentiment: Applied Materials is viewed as a key beneficiary of AI infrastructure spending because its equipment and engineering solutions are essential to advanced semiconductor manufacturing. Why Investors Should Buy the Dip in AMAT
• Neutral Sentiment: Mizuho lowered its Applied Materials price target from $650 to $590 but retained an “outperform” rating. The reduced target reflects more cautious expectations, while the rating still indicates confidence in the company’s longer-term prospects. Benzinga
• Neutral Sentiment: The reported August short-interest figures show zero shares and a mathematically invalid change, making the data unreliable and unlikely to provide a meaningful trading signal.
• Negative Sentiment: Semiconductor stocks broadly declined as investors reduced risk ahead of NVIDIA’s results, weighing on Applied Materials alongside other chipmakers. Semiconductor Stocks Slide Ahead of NVIDIA Earnings

Applied Materials Stock Performance

Shares of AMAT opened at $480.04 on Wednesday. Applied Materials, Inc. has a 52-week low of $154.46 and a 52-week high of $739.67. The stock's 50-day simple moving average is $558.87 and its 200 day simple moving average is $454.37. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.79 and a current ratio of 2.42. The stock has a market capitalization of $380.96 billion, a price-to-earnings ratio of 41.38, a price-to-earnings-growth ratio of 1.04 and a beta of 1.61.

Applied Materials (NASDAQ:AMAT - Get Free Report) last posted its earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share for the quarter, beating analysts' consensus estimates of $3.40 by $0.10. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%.The business had revenue of $9.12 billion during the quarter, compared to analyst estimates of $8.99 billion. During the same quarter in the previous year, the firm earned $2.48 EPS. The company's quarterly revenue 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. Research analysts forecast that Applied Materials, Inc. will post 12.73 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be given a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Thursday, August 20th. Applied Materials's dividend payout ratio (DPR) is 18.28%.

About Applied Materials

Applied Materials, Inc is a U.S.-based supplier of equipment, services and software used to manufacture semiconductor chips, flat panel displays and other advanced materials. Headquartered in Santa Clara, California, the company designs and sells capital equipment and related technologies that enable production of integrated circuits, display panels and materials used across the electronics supply chain.

Applied Materials' offerings include process equipment and factory software that support critical steps in device fabrication, such as deposition, etch, implantation, inspection and metrology, as well as systems for packaging and advanced heterogeneous integration.

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