Applied Materials, Inc. $AMAT Shares Acquired by Mizuho Markets Cayman LP

Key Points

• Mizuho Markets Cayman LP nearly doubled its stake in Applied Materials in the first quarter, buying 14,199 additional shares and ending with 28,465 shares worth about $9.73 million.
• Applied Materials reported better-than-expected quarterly results, with EPS of $2.86 on revenue of $7.91 billion, and it guided Q3 2026 EPS to a range of $3.16 to $3.56.
• The company also announced a quarterly dividend of $0.53 per share, while analyst sentiment remains bullish overall, with a consensus Moderate Buy rating and an average price target of $593.84.

Mizuho Markets Cayman LP grew its position in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 99.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,465 shares of the manufacturing equipment provider's stock after purchasing an additional 14,199 shares during the quarter. Applied Materials makes up about 0.5% of Mizuho Markets Cayman LP's portfolio, making the stock its 25th biggest holding. Mizuho Markets Cayman LP's holdings in Applied Materials were worth $9,729,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in AMAT. Private Wealth Management Group LLC increased its holdings in Applied Materials by 4.9% in the first quarter. Private Wealth Management Group LLC now owns 531 shares of the manufacturing equipment provider's stock valued at $181,000 after buying an additional 25 shares in the last quarter. One Day In July LLC boosted its stake in shares of Applied Materials by 2.4% during the 1st quarter. One Day In July LLC now owns 1,089 shares of the manufacturing equipment provider's stock worth $372,000 after acquiring an additional 26 shares in the last quarter. Pinnacle Bancorp Inc. grew its position in shares of Applied Materials by 1.3% during the 1st quarter. Pinnacle Bancorp Inc. now owns 2,082 shares of the manufacturing equipment provider's stock valued at $712,000 after acquiring an additional 27 shares during the period. Horst & Graben Wealth Management LLC grew its position in shares of Applied Materials by 2.1% during the 1st quarter. Horst & Graben Wealth Management LLC now owns 1,304 shares of the manufacturing equipment provider's stock valued at $446,000 after acquiring an additional 27 shares during the period. Finally, Warther Private Wealth LLC increased its stake in shares of Applied Materials by 1.5% in the 4th quarter. Warther Private Wealth LLC now owns 1,908 shares of the manufacturing equipment provider's stock valued at $490,000 after purchasing an additional 28 shares in the last quarter. 80.56% of the stock is owned by hedge funds and other institutional investors.

Applied Materials Stock Performance

NASDAQ AMAT opened at $553.92 on Thursday. 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 stock's 50 day simple moving average is $539.78 and its 200-day simple moving average is $420.23. The company has a market cap of $439.79 billion, a PE ratio of 52.01, a price-to-earnings-growth ratio of 1.43 and a beta of 1.57. Applied Materials, Inc. has a 1-year low of $154.46 and a 1-year high of $739.67.

Applied Materials (NASDAQ:AMAT - Get Free Report) last issued its quarterly earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, topping the consensus estimate of $2.68 by $0.18. The firm had revenue of $7.91 billion during the quarter, compared to analysts' expectations of $7.68 billion. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The firm's revenue for the quarter was up 11.4% on a year-over-year basis. During the same period in the previous year, the business earned $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. As a group, equities research analysts anticipate that Applied Materials, Inc. will post 12.14 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be given a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Thursday, August 20th. Applied Materials's dividend payout ratio is 19.91%.

More Applied Materials News

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

• Positive Sentiment: Applied Materials benefited from renewed optimism around chipmaking capacity and AI demand after Taiwan Semiconductor raised chipmaking prices and another supplier lifted guidance, reinforcing expectations for continued equipment spending across the sector. Why Applied Materials (AMAT) Stock Is Up Today
• Positive Sentiment: Applied Materials’ installed base services business is generating recurring revenue growth, with Applied Global Services revenue rising year over year, which supports margins and provides more predictable cash flow. Is AMAT's Installed Base Business Built for Long-Term Growth?
• Positive Sentiment: Technical commentary suggests AMAT may be ripe for a rebound after a short losing streak, indicating some traders see the recent pullback as temporary rather than a change in fundamentals. History Says Applied Materials Stock Looks Ripe for Rebound
• Neutral Sentiment: Some broader market commentary flagged AMAT as a stock to watch, but the article mainly focused on general index leadership and did not point to a new company-specific catalyst. 2 S&P 500 Stocks to Keep an Eye On and 1 We Avoid
• Negative Sentiment: AMAT has also seen near-term weakness after a strong run, with recent sessions showing multiple losses as investors may be locking in gains. History Says Applied Materials Stock Looks Ripe for Rebound
• Negative Sentiment: One recent market recap noted that Applied Materials traded lower versus the broader market, reflecting the stock’s short-term volatility rather than a fundamental deterioration. Applied Materials (AMAT) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Wall Street Analyst Weigh In

AMAT has been the topic of a number of recent analyst reports. Raymond James Financial set a $650.00 price target on Applied Materials in a research report on Wednesday, June 10th. B. Riley Financial upped their target price on Applied Materials from $550.00 to $790.00 and gave the stock a "buy" rating in a research note on Friday, June 26th. UBS Group increased their target price on Applied Materials from $570.00 to $705.00 and gave the company a "buy" rating in a research report on Wednesday, July 15th. Wells Fargo & Company boosted their price target on shares of Applied Materials from $715.00 to $740.00 and gave the stock an "overweight" rating in a report on Friday, June 26th. Finally, Argus upped their price objective on shares of Applied Materials from $420.00 to $500.00 and gave the stock a "buy" rating in a research report on Tuesday, May 19th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $593.84.

Insider Activity

In related news, CEO Gary E. Dickerson sold 71,727 shares of the business's stock in a transaction dated 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 transaction, the chief executive officer directly owned 1,695,164 shares in the company, valued at approximately $1,006,503,625. The trade was a 4.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Timothy M. Deane sold 8,621 shares of the company's stock in a transaction dated 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 sale, the senior vice president directly owned 134,631 shares of the company's stock, valued at approximately $79,534,609.56. This represents a 6.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 278,088 shares of company stock valued at $169,654,805 in the last ninety days. 0.30% of the stock is currently owned by corporate insiders.

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.

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