Applied Materials, Inc. $AMAT Holdings Lessened by Aberdeen Wealth Management LLC

Aberdeen Wealth Management LLC reduced its position in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 32.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,110 shares of the manufacturing equipment provider's stock after selling 3,405 shares during the period. Applied Materials comprises 2.5% of Aberdeen Wealth Management LLC's portfolio, making the stock its 5th largest position. Aberdeen Wealth Management LLC's holdings in Applied Materials were worth $5,141,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Cornerstone Financial Management LLC purchased a new position in Applied Materials in the fourth quarter valued at about $25,000. Wilkerson Advisory Group LLC acquired a new position in shares of Applied Materials in the 4th quarter valued at approximately $26,000. Harborfront Financial Group LLC purchased a new position in shares of Applied Materials during the 2nd quarter valued at approximately $27,000. Financial Freedom LLC purchased a new position in shares of Applied Materials during the 1st quarter valued at approximately $28,000. Finally, Joseph Group Capital Management acquired a new stake in shares of Applied Materials during the fourth quarter worth approximately $31,000. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, SVP Timothy M. Deane sold 8,621 shares of the business's stock in a transaction on Monday, June 15th. The shares were sold at an average price of $590.76, for a total transaction of $5,092,941.96. Following the completion of the transaction, the senior vice president owned 134,631 shares of the company's stock, valued at approximately $79,534,609.56. The trade was a 6.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Omkaram Nalamasu sold 24,263 shares of the business's stock in a transaction 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 transaction, 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 sold 276,692 shares of company stock worth $169,030,834 over the last 90 days. Insiders own 0.30% of the company's stock.

Applied Materials Trading Down 0.1%

Applied Materials stock opened at $479.76 on Thursday. The firm's 50-day moving average is $556.61 and its 200-day moving average is $455.61. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.79 and a current ratio of 2.42. Applied Materials, Inc. has a 1 year low of $154.46 and a 1 year high of $739.67. The company has a market cap of $380.74 billion, a P/E ratio of 41.36, a PEG ratio of 1.03 and a beta of 1.61.

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, beating analysts' consensus estimates of $3.40 by $0.10. The business 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 company's revenue for the quarter was up 24.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.48 EPS. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. On average, equities analysts expect that Applied Materials, Inc. will post 12.73 earnings per share for the current 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 paid a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Thursday, August 20th. Applied Materials's dividend payout ratio is presently 18.28%.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. 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 report on Friday, August 14th. Wolfe Research raised their price objective on shares of Applied Materials from $500.00 to $550.00 and gave the stock an "outperform" rating in a report on Friday, May 15th. KeyCorp boosted their target price on shares of Applied Materials from $550.00 to $750.00 and gave the stock an "overweight" rating in a research report on Monday, June 29th. Bank of America cut their target price on shares of Applied Materials from $720.00 to $650.00 and set a "buy" rating on the stock in a research note on Friday, August 14th. Finally, Truist Financial set a $575.00 price target on shares of Applied Materials in a research report on Thursday, May 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $657.76.

Applied Materials News Roundup

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

• Positive Sentiment: AI infrastructure is supporting a new growth cycle. Chipmakers are increasing spending on advanced DRAM, high-bandwidth memory, leading-edge logic and advanced packaging—all areas that benefit Applied Materials’ semiconductor equipment business. The company’s latest quarter showed revenue growth of 24.8% year over year, with earnings and revenue exceeding analyst expectations. Applied Materials Enters a New AI-Driven Growth Cycle
• Positive Sentiment: Services and parts demand remain resilient. Applied Materials’ Applied Global Services (AGS) division reportedly reached record revenue and expanded margins, helped by subscription services, parts demand and higher semiconductor-fab utilization. This recurring revenue can provide stability across equipment cycles. AMAT’s AGS Business Gains Momentum
• Positive Sentiment: Analysts see potential upside after the recent selloff. Consensus price targets imply roughly 35% upside, while another report cited an average target near $641. However, these targets depend on continued earnings-estimate improvements and sustained AI spending. Analyst Upside Potential for AMAT
• Neutral Sentiment: Mizuho remains constructive but lowered its target. The firm reduced its price target from $650 to $590 while maintaining an “outperform” rating, reflecting a more cautious near-term outlook despite expected upside. Mizuho AMAT Price Target Update
• Negative Sentiment: China exposure is the main overhang. Tighter export controls and the emergence of Chinese domestic immersion DUV lithography systems are raising concerns about Applied Materials’ competitiveness and future China sales. Reports caution that not all of the company’s approximately $2.087 billion in quarterly China revenue is immediately threatened, but investors are still pricing in greater regulatory and competitive risk. Applied Materials’ China Problem Is Getting Worse

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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