Applied Materials, Inc. $AMAT is Talos Eurisko Asset Management LP's 4th Largest Position

Key Points

• Talos Eurisko Asset Management increased its Applied Materials stake by 11.7% in Q4, bringing its holding to 157,099 shares worth about $40.4 million. The stock now makes up roughly 7.1% of the fund’s portfolio, its fourth-largest position.
• Insider selling picked up over the last quarter, including notable sales by director Judy Bruner and insider Prabu G. Raja. In total, insiders sold 53,896 shares valued at about $27.1 million.
• Wall Street remains broadly bullish on AMAT, with analysts issuing several price-target hikes and maintaining a consensus “Moderate Buy” rating. The company also beat its latest earnings estimates and reported 11.4% year-over-year revenue growth.

Talos Eurisko Asset Management LP increased its holdings in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 11.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 157,099 shares of the manufacturing equipment provider's stock after acquiring an additional 16,499 shares during the quarter. Applied Materials comprises approximately 7.1% of Talos Eurisko Asset Management LP's portfolio, making the stock its 4th biggest position. Talos Eurisko Asset Management LP's holdings in Applied Materials were worth $40,373,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cornerstone Financial Management LLC purchased a new stake in Applied Materials in the fourth quarter worth $25,000. Redmont Wealth Advisors LLC purchased a new stake in Applied Materials in the third quarter worth $26,000. Wilkerson Advisory Group LLC purchased a new stake in Applied Materials in the fourth quarter worth $26,000. Highline Wealth Partners LLC lifted its stake in Applied Materials by 48.7% in the fourth quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider's stock worth $30,000 after acquiring an additional 38 shares during the period. Finally, Joseph Group Capital Management purchased a new stake in Applied Materials in the fourth quarter worth $31,000. Hedge funds and other institutional investors own 80.56% of the company's stock.

Insiders Place Their Bets

In related news, Director Judy Bruner sold 1,128 shares of Applied Materials stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $450.00, for a total value of $507,600.00. Following the completion of the sale, the director directly owned 26,544 shares in the company, valued at approximately $11,944,800. This trade represents a 4.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Prabu G. Raja sold 50,000 shares of Applied Materials stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $505.28, for a total value of $25,264,000.00. Following the completion of the sale, the insider owned 356,642 shares of the company's stock, valued at $180,204,069.76. The trade was a 12.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 53,896 shares of company stock valued at $27,135,121 over the last quarter. Corporate insiders own 0.30% of the company's stock.

Key Applied Materials News

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

• Positive Sentiment: Applied Materials unveiled new deposition and selective etch systems designed to help chipmakers build next-generation 3D structures more precisely, which supports the company’s role in AI chip manufacturing and could lift long-term demand. Article Title
• Positive Sentiment: Barclays raised its price target on Applied Materials and kept an Overweight rating, reinforcing confidence that wafer fab equipment spending remains strong. Article Title
• Positive Sentiment: Jim Cramer singled out AMAT favorably on Mad Money, which may have added to the stock’s momentum as investors look for semiconductor names with upside when the sector strengthens. Article Title
• Positive Sentiment: Market commentary highlighted AMAT hitting 52-week highs alongside broader semiconductor strength, suggesting the stock is benefiting from renewed optimism in the chip equipment group. Article Title
• Neutral Sentiment: Several articles noted that AMAT has rallied sharply and may be extended near recent highs, meaning some traders see room for caution if the stock needs to consolidate before its next move. Article Title
• Neutral Sentiment: Commentary from Seeking Alpha argued the stock is not cheap enough to buy aggressively, but also not weak enough to sell, reflecting a valuation debate rather than a clear bearish catalyst. Article Title

Wall Street Analysts Forecast Growth

Several brokerages have commented on AMAT. B. Riley Financial raised their price objective on Applied Materials from $530.00 to $550.00 and gave the company a "buy" rating in a research report on Friday, May 15th. Erste Group Bank raised Applied Materials from a "hold" rating to a "buy" rating in a research report on Monday, April 27th. The Goldman Sachs Group raised their price objective on Applied Materials from $390.00 to $520.00 and gave the company a "buy" rating in a research report on Friday, May 15th. JPMorgan Chase & Co. raised their price objective on Applied Materials from $400.00 to $515.00 and gave the company an "overweight" rating in a research report on Friday, May 15th. Finally, Jefferies Financial Group raised their price objective on Applied Materials from $415.00 to $510.00 and gave the company a "buy" rating in a research report on Friday, May 15th. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $483.03.

Applied Materials Price Performance

Shares of NASDAQ:AMAT opened at $585.78 on Tuesday. Applied Materials, Inc. has a 1-year low of $154.46 and a 1-year high of $599.62. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.51 and a quick ratio of 1.80. The business has a fifty day moving average price of $431.96 and a 200-day moving average price of $355.90. The company has a market capitalization of $465.09 billion, a PE ratio of 55.00, a PEG ratio of 1.58 and a beta of 1.67.

Applied Materials (NASDAQ:AMAT - Get Free Report) last issued its quarterly earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, beating the consensus estimate of $2.68 by $0.18. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The firm had revenue of $7.91 billion during the quarter, compared to the consensus estimate of $7.68 billion. During the same period last year, the company earned $2.39 earnings per share. The company's revenue was up 11.4% on a year-over-year basis. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. As a group, equities analysts expect that Applied Materials, Inc. will post 12.1 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be issued a dividend of $0.53 per share. The ex-dividend date is Thursday, August 20th. This represents a $2.12 annualized dividend and a dividend yield of 0.4%. Applied Materials's dividend payout ratio (DPR) is presently 19.91%.

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.

Want to see what other hedge funds are holding AMAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Applied Materials, Inc. (NASDAQ:AMAT - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.