Applied Materials, Inc. $AMAT is Capital Advisors Inc. OK's 5th Largest Position

Key Points

• Capital Advisors Inc. OK cut its Applied Materials stake by 13.8% in the second quarter, selling 51,902 shares. AMAT remains the fund’s fifth-largest holding, representing 3.4% of its portfolio and valued at approximately $234.3 million.
• Applied Materials reported strong quarterly results, with revenue up 24.8% year over year to $9.12 billion and EPS of $3.50, exceeding analyst expectations. Management cited robust AI and semiconductor demand, while analysts maintain a “Moderate Buy” consensus with an average price target of $657.76.
• Institutional ownership remains high at 80.56%, although company insiders have recently sold shares totaling $172.6 million over 90 days. The stock also carries elevated volatility, with shares recently down 4.3% and options implying a wide potential trading range.

Capital Advisors Inc. OK trimmed its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 13.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 324,097 shares of the manufacturing equipment provider's stock after selling 51,902 shares during the quarter. Applied Materials makes up 3.4% of Capital Advisors Inc. OK's investment portfolio, making the stock its 5th largest position. Capital Advisors Inc. OK's holdings in Applied Materials were worth $234,322,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of AMAT. Brighton Jones LLC boosted its stake 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 valued at $2,061,000 after purchasing an additional 2,771 shares during the period. 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 worth $590,000 after buying an additional 679 shares during the period. Forefront Wealth Partners LLC purchased a new position in shares of Applied Materials in the second quarter worth $410,000. Schnieders Capital Management LLC. raised its holdings in Applied Materials by 30.1% during the 2nd 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. raised its holdings 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 valued at $77,383,000 after buying an additional 157,426 shares during the last quarter. 80.56% of the stock is owned by hedge funds and other institutional investors.

Applied Materials News Summary

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

Applied Materials Stock Down 4.3%

Shares of Applied Materials stock opened at $461.67 on Friday. The company has a current ratio of 2.42, a quick ratio of 1.79 and a debt-to-equity ratio of 0.20. Applied Materials, Inc. has a 12-month low of $154.46 and a 12-month high of $739.67. The company has a market cap of $366.38 billion, a P/E ratio of 39.80, a PEG ratio of 0.99 and a beta of 1.61. The company's fifty day simple moving average is $550.80 and its two-hundred day simple moving average is $456.77.

Applied Materials (NASDAQ:AMAT - Get Free Report) last posted its earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 EPS for the quarter, topping the consensus estimate of $3.40 by $0.10. The firm had revenue of $9.12 billion during the quarter, compared to analysts' expectations of $8.99 billion. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The company's quarterly revenue was up 24.8% compared to the same quarter last year. During the same period last year, the company posted $2.48 EPS. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. Research analysts anticipate that Applied Materials, Inc. will post 12.76 EPS for the current year.

Applied Materials Dividend Announcement

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

Analysts Set New Price Targets

A number of equities research analysts have issued reports on AMAT shares. Mizuho cut their price target on shares of Applied Materials from $650.00 to $590.00 and set an "outperform" rating on the stock in a report on Tuesday, August 25th. Seaport Research Partners reaffirmed a "buy" rating and set a $575.00 price objective on shares of Applied Materials in a research note on Friday, August 14th. Susquehanna upped their price objective on shares of Applied Materials from $575.00 to $900.00 and gave the company a "positive" rating in a research note on Tuesday, June 30th. Jefferies Financial Group increased their target price on shares of Applied Materials from $510.00 to $770.00 and gave the stock a "buy" rating in a report on Friday, June 26th. Finally, Sanford C. Bernstein raised their target price on Applied Materials from $675.00 to $700.00 and gave the stock an "outperform" rating in a research note on Friday, August 14th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $657.76.

Insiders Place Their Bets

In other news, 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 value of $5,547,872.50. Following the completion of the transaction, the director owned 40,559 shares of the company's stock, valued at approximately $24,326,071.43. This represents a 18.57% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Omkaram Nalamasu sold 24,263 shares of the firm'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 value of $14,398,392.09. Following the completion of the transaction, the senior vice president owned 146,916 shares of the company's stock, valued at approximately $87,184,361.88. The trade was a 14.17% decrease in their position. 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 ninety days. 0.30% of the stock is owned by corporate insiders.

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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