28,595 Shares in Applied Materials, Inc. $AMAT Bought by Beacon Pointe Advisors LLC

Beacon Pointe Advisors LLC bought a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 28,595 shares of the manufacturing equipment provider's stock, valued at approximately $20,627,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Harborfront Financial Group LLC acquired a new position in Applied Materials in the 2nd quarter worth approximately $27,000. Orion Capital Management LLC acquired a new stake in Applied Materials in the 2nd quarter valued at about $33,000. BOK Financial Private Wealth Inc. purchased a new position in shares of Applied Materials during the 2nd quarter worth $41,000. Financial Freedom LLC acquired a new position in shares of Applied Materials during the 1st quarter valued at about $28,000. Finally, Elevation Wealth Partners LLC boosted its position in shares of Applied Materials by 34.8% during the 2nd quarter. Elevation Wealth Partners LLC now owns 93 shares of the manufacturing equipment provider's stock valued at $67,000 after acquiring an additional 24 shares during the last quarter. Hedge funds and other institutional investors own 80.56% of the company's stock.

More Applied Materials News

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

• Positive Sentiment: Semiconductor and AI demand remains strong: Recent coverage highlights Applied Materials’ $9.12 billion third-quarter revenue, up 25% year over year, and non-GAAP EPS of $3.50, up 41%. Management cited record demand visibility from AI infrastructure, more than 10 new fab projects during the quarter and fourth-quarter revenue guidance of $10.25 billion. The company is also continuing share repurchases and investing $5 billion in its EPIC Center to accelerate semiconductor innovation. The AI Buildout Is Turning Applied Materials Into A Profit Machine
• Positive Sentiment: New board member adds semiconductor expertise: AMAT appointed Akash Palkhiwala, Qualcomm’s CFO and COO, to its board and Audit Committee. His finance, operations and industry experience could strengthen oversight as Applied Materials pursues growth tied to advanced logic, memory and AI chip production. Applied Materials Appoints Akash Palkhiwala to Board of Directors
• Neutral Sentiment: Options market signals elevated uncertainty: A new analysis says options pricing for roughly one year ahead implies a particularly wide potential trading range, extending materially below and above the current level. That suggests investors should expect significant volatility rather than providing a clear directional signal. How Far Applied Materials Stock Can Move In A Year
• Negative Sentiment: CFO share sale may weigh modestly on sentiment: CFO Brice Hill sold 7,500 AMAT shares for approximately $3.6 million, reducing his direct holdings by 5.51%. The sale does not alter the company’s operating outlook, but insider selling can create a limited short-term sentiment overhang. SEC Insider Transaction Filing

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Citigroup reaffirmed a "buy" rating on shares of Applied Materials in a research note on Monday, August 3rd. Erste Group Bank downgraded shares of Applied Materials from a "buy" rating to a "hold" rating in a research report on Wednesday, August 5th. Wall Street Zen raised Applied Materials from a "hold" rating to a "buy" rating in a report on Saturday, August 15th. Cantor Fitzgerald reiterated an "overweight" rating on shares of Applied Materials in a research report on Friday, August 14th. Finally, Royal Bank Of Canada upped their target price on Applied Materials from $520.00 to $600.00 and gave the company an "outperform" rating in a research report 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 assigned a Hold rating to the company. According to MarketBeat, Applied Materials currently has a consensus rating of "Moderate Buy" and a consensus target price of $657.76.

Insider Transactions at Applied Materials

In related news, CEO Gary E. Dickerson sold 71,727 shares of the company's stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $593.75, for a total transaction of $42,587,906.25. Following the completion of the transaction, the chief executive officer owned 1,695,164 shares of the company's stock, valued at approximately $1,006,503,625. This represents a 4.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Omkaram Nalamasu sold 24,263 shares of the stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $593.43, for a total transaction of $14,398,392.09. Following the sale, the senior vice president directly owned 146,916 shares of the company's stock, valued at approximately $87,184,361.88. This trade represents a 14.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 284,192 shares of company stock worth $172,625,209 in the last ninety days. Company insiders own 0.30% of the company's stock.

Applied Materials Price Performance

Applied Materials stock opened at $461.67 on Friday. The firm has a market capitalization of $366.38 billion, a PE ratio of 39.80, a P/E/G ratio of 1.03 and a beta of 1.61. Applied Materials, Inc. has a 52 week low of $154.46 and a 52 week high of $739.67. The firm's 50-day simple moving average is $550.80 and its 200 day simple moving average is $456.77. 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 - 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 the consensus estimate of $3.40 by $0.10. The firm had revenue of $9.12 billion during the quarter, compared to the consensus estimate of $8.99 billion. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The firm's revenue for the quarter was up 24.8% on a year-over-year basis. During the same period last year, the firm posted $2.48 EPS. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. On average, equities research analysts predict that Applied Materials, Inc. will post 12.73 EPS for the current fiscal year.

Applied Materials Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be given a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Thursday, August 20th. Applied Materials's dividend payout ratio (DPR) is currently 18.28%.

Applied Materials 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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