2,548 Shares in Applied Materials, Inc. $AMAT Acquired by Philadelphia Investment Partners LLC

Key Points

• Philadelphia Investment Partners acquired 2,548 Applied Materials shares worth approximately $1.36 million in the second quarter, joining other institutions that increased their positions. Institutional investors collectively own 80.56% of AMAT.
• Applied Materials reported stronger-than-expected quarterly results, with EPS of $3.50 and revenue of $9.12 billion, up 24.8% year over year. AI-related demand across advanced memory, logic and packaging is supporting growth, while the services business remains healthy.
• Analysts maintain a generally positive view, with a consensus “Moderate Buy” rating and a $657.76 price target, though China exposure, export controls and elevated valuation remain key risks. The company also declared a quarterly dividend of $0.53 per share.

Philadelphia Investment Partners LLC purchased a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 2,548 shares of the manufacturing equipment provider's stock, valued at approximately $1,362,000.

Several other institutional investors have also recently bought and sold shares of the business. Brighton Jones LLC grew its holdings in shares of Applied Materials by 28.0% during the fourth quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider's stock worth $2,061,000 after purchasing an additional 2,771 shares during the last quarter. Sivia Capital Partners LLC increased its stake in shares of Applied Materials by 26.7% in the second quarter. Sivia Capital Partners LLC now owns 3,225 shares of the manufacturing equipment provider's stock valued at $590,000 after buying an additional 679 shares in the last quarter. Forefront Wealth Partners LLC bought a new position in shares of Applied Materials in the second quarter valued at about $410,000. Schnieders Capital Management LLC. raised its holdings in shares of Applied Materials by 30.1% in the second quarter. Schnieders Capital Management LLC. now owns 15,003 shares of the manufacturing equipment provider's stock valued at $2,747,000 after buying an additional 3,469 shares during the last quarter. Finally, Sei Investments Co. lifted its position in Applied Materials by 59.3% during the 2nd quarter. Sei Investments Co. now owns 422,694 shares of the manufacturing equipment provider's stock worth $77,383,000 after buying an additional 157,426 shares in the last quarter. Institutional investors own 80.56% of the company's stock.

Applied Materials Price Performance

Applied Materials stock opened at $482.36 on Friday. The business's 50-day simple moving average is $553.91 and its 200 day simple moving average is $456.73. The company has a quick ratio of 1.79, a current ratio of 2.42 and a debt-to-equity ratio of 0.20. The stock has a market cap of $382.80 billion, a price-to-earnings ratio of 41.58, a P/E/G ratio of 1.03 and a beta of 1.61. Applied Materials, Inc. has a 12-month low of $154.46 and a 12-month high of $739.67.

Applied Materials (NASDAQ:AMAT - Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share for the quarter, topping the consensus estimate of $3.40 by $0.10. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%.The firm had revenue of $9.12 billion during the quarter, compared to analysts' expectations of $8.99 billion. During the same period in the previous year, the business posted $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. As a group, research analysts anticipate that Applied Materials, Inc. will post 12.73 earnings per share for the current year.

Applied Materials Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be paid a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, August 20th. Applied Materials's payout ratio is 18.28%.

Insider Buying and Selling at Applied Materials

In related news, CEO Gary E. Dickerson sold 20,000 shares of the stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $735.22, for a total value of $14,704,400.00. Following the transaction, the chief executive officer directly owned 1,599,843 shares in the company, valued at $1,176,236,570.46. This represents a 1.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Thomas J. Iannotti sold 9,250 shares of the firm's stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $599.77, for a total transaction of $5,547,872.50. Following the completion of the transaction, the director directly owned 40,559 shares in the company, valued at approximately $24,326,071.43. The trade was a 18.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 284,192 shares of company stock valued at $172,625,209 over the last 90 days. Company insiders own 0.30% of the company's stock.

Key Headlines Impacting Applied Materials

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

• Positive Sentiment: Qualcomm executive joins the board: Applied Materials appointed Qualcomm CFO and COO Akash Palkhiwala as a director and Audit Committee member. His semiconductor-industry, finance and operating experience could strengthen the board as AMAT targets growth in advanced logic, memory and AI infrastructure. Applied Materials Appoints Akash Palkhiwala to Board of Directors
• Positive Sentiment: AI buildout supports earnings momentum: Recent coverage highlights AMAT’s record quarter-over-quarter revenue increase, with quarterly revenue of $9.12 billion, up 25% year over year, and non-GAAP earnings per share of $3.50, up 41%. Demand is being driven by advanced DRAM, high-bandwidth memory, leading-edge logic and advanced packaging. The AI Buildout Is Turning Applied Materials Into A Profit Machine
• Positive Sentiment: Services business remains healthy: AMAT’s Applied Global Services segment reported record revenue and expanding margins, supported by subscription services, parts demand and increased semiconductor-fab utilization. This recurring revenue stream may help cushion equipment-cycle volatility. AMAT's AGS Business Gains Momentum
• Neutral Sentiment: Analyst upside remains substantial: The average Wall Street price target implies roughly 35% potential upside, although targets are estimates and AMAT’s elevated valuation makes further gains dependent on continued earnings growth. Does Applied Materials Have the Potential to Rally?
• Negative Sentiment: China exposure is a key overhang: New Chinese immersion DUV lithography capabilities and tighter export controls raise concerns about domestic competition and reduced access to China, a significant AMAT market. Applied Materials' China Problem Is Getting Worse
• Negative Sentiment: CFO stock sale adds a minor sentiment concern: CFO Brice Hill sold 7,500 shares worth approximately $3.6 million, reducing his holdings by 5.51%. The transaction does not change AMAT’s fundamentals but may weigh modestly on investor sentiment. SEC Insider Transaction Filing

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on AMAT shares. B. Riley Financial reissued a "buy" rating and set a $700.00 price objective (down from $790.00) on shares of Applied Materials in a report on Friday, August 14th. Cantor Fitzgerald reaffirmed an "overweight" rating on shares of Applied Materials in a research note on Friday, August 14th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a $605.00 target price on shares of Applied Materials in a research report on Friday, August 14th. Erste Group Bank cut shares of Applied Materials from a "buy" rating to a "hold" rating in a research note on Wednesday, August 5th. Finally, William Blair started coverage on shares of Applied Materials in a report on Tuesday, August 11th. They issued a "market perform" rating for the company. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $657.76.

Applied Materials Company Profile

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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