Applied Materials, Inc. $AMAT Shares Purchased by Eurizon Capital SGR S.p.A.

Key Points

• Eurizon Capital SGR increased its Applied Materials stake by 48.5% in the third quarter, adding 128,451 shares to bring its holdings to 393,229 shares, valued at about $201.1 million.
• Applied Materials reported quarterly revenue of $10.41 billion and EPS of $4.16, both above analyst estimates. Its Q1 fiscal 2027 EPS guidance is $4.15–$4.55.
• Analysts’ consensus rating is “Moderate Buy”, with an average price target of $625.76; 30 analysts rate the stock Buy and nine rate it Hold.

Eurizon Capital SGR S.p.A. increased its position in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 48.5% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 393,229 shares of the manufacturing equipment provider's stock after purchasing an additional 128,451 shares during the quarter. Eurizon Capital SGR S.p.A.'s holdings in Applied Materials were worth $201,124,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in AMAT. JFS Wealth Advisors LLC boosted its holdings in shares of Applied Materials by 4.3% during the 2nd quarter. JFS Wealth Advisors LLC now owns 409 shares of the manufacturing equipment provider's stock valued at $296,000 after buying an additional 17 shares in the last quarter. Innovative Asset Advisors Group LLC grew its position in shares of Applied Materials by 2.1% in the 2nd quarter. Innovative Asset Advisors Group LLC now owns 961 shares of the manufacturing equipment provider's stock worth $695,000 after buying an additional 20 shares during the period. Stonebridge Financial Group LLC grew its position in shares of Applied Materials by 2.1% in the 2nd quarter. Stonebridge Financial Group LLC now owns 1,003 shares of the manufacturing equipment provider's stock worth $725,000 after buying an additional 21 shares during the period. N.E.W. Advisory Services LLC increased its stake in shares of Applied Materials by 5.9% in the 2nd quarter. N.E.W. Advisory Services LLC now owns 377 shares of the manufacturing equipment provider's stock worth $273,000 after acquiring an additional 21 shares in the last quarter. Finally, IMG Wealth Management Inc. increased its stake in shares of Applied Materials by 13.0% in the 2nd quarter. IMG Wealth Management Inc. now owns 183 shares of the manufacturing equipment provider's stock worth $132,000 after acquiring an additional 21 shares in the last quarter. 80.56% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently issued reports on AMAT. William Blair initiated coverage on shares of Applied Materials in a research report on Tuesday, August 11th. They set a "market perform" rating for the company. Cantor Fitzgerald restated an "overweight" rating on shares of Applied Materials in a report on Tuesday, October 20th. Needham & Company LLC cut their price objective on shares of Applied Materials from $740.00 to $580.00 and set a "buy" rating on the stock in a report on Friday, October 16th. Evercore set a $590.00 target price on shares of Applied Materials in a research note on Thursday, October 15th. Finally, TD Cowen reiterated a "buy" rating and set a $700.00 target price on shares of Applied Materials in a report on Friday, August 14th. Thirty analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $625.76.

Recent Applied Materials Headlines

These are some of the AMAT headlines that stood out recently:

• Positive Sentiment: Fiscal Q4 revenue rose 53% year over year to a record $10.41 billion, beating the $10.30 billion estimate. Non-GAAP EPS of $4.16 also topped the $4.06 consensus and increased 92% from a year earlier. Applied Materials Announces Fourth Quarter and Fiscal Year 2026 Results
• Positive Sentiment: Q1 fiscal 2027 guidance came in ahead of expectations: revenue of $10.6 billion–$11.6 billion versus the $10.7 billion consensus, and EPS of $4.15–$4.55 compared with an expected $4.20. The outlook reflects management’s confidence that AI-chip demand will continue to drive equipment spending. Applied Materials forecasts quarterly revenue above estimates on strong AI chip demand
• Neutral Sentiment: Despite the earnings and guidance beats, reports described a mixed or lukewarm share-price response. That suggests investors may be weighing the strong company-specific results against broader weakness in chip stocks and Nvidia-related concerns. Applied Materials’ Beat Gets a Lukewarm Reception as Nvidia Fallout Lingers

Insider Transactions at Applied Materials

In related news, CFO Brice Hill sold 7,500 shares of the firm's stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $479.25, for a total transaction of $3,594,375.00. Following the completion of the sale, the chief financial officer owned 128,613 shares of the company's stock, valued at $61,637,780.25. This trade represents a 5.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Adam Sanders sold 725 shares of the business's stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $544.56, for a total transaction of $394,806.00. Following the completion of the transaction, the chief accounting officer owned 3,181 shares of the company's stock, valued at approximately $1,732,245.36. The trade was a 18.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 9,225 shares of company stock worth $4,454,181. Corporate insiders own 0.30% of the company's stock.

Applied Materials Price Performance

Shares of NASDAQ:AMAT opened at $380.95 on Friday. The business has a fifty day moving average price of $439.22 and a 200-day moving average price of $445.83. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.42 and a quick ratio of 1.79. The company has a market capitalization of $302.32 billion, a PE ratio of 32.84, a PEG ratio of 0.77 and a beta of 1.67. Applied Materials, Inc. has a 1-year low of $203.40 and a 1-year high of $739.67.

Applied Materials (NASDAQ:AMAT - Get Free Report) last announced its quarterly earnings results on Thursday, November 12th. The manufacturing equipment provider reported $4.16 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.06 by $0.10. The company had revenue of $10.41 billion for the quarter, compared to analysts' expectations of $10.30 billion. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. During the same quarter in the previous year, the business posted $2.17 EPS. Applied Materials has set its Q1 2027 guidance at 4.150-4.550 EPS. As a group, equities analysts expect that Applied Materials, Inc. will post 12.79 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Thursday, November 19th will be paid a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Thursday, November 19th. Applied Materials's dividend payout ratio is currently 18.28%.

Applied Materials Profile

Applied Materials, Inc. develops and supplies equipment, software and services used to manufacture semiconductors and advanced displays. Its technologies help customers build and process materials at the microscopic scale required for chips and other electronic products. The company's offerings include systems for depositing, removing and modifying materials, as well as inspection, measurement and process-control tools. It also provides equipment and services for advanced semiconductor packaging and supports customers with maintenance, upgrades and manufacturing software.

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