Applied Materials, Inc. $AMAT Stock: Curated Wealth Partners LLC Reduces Position

Key Points

• Curated Wealth Partners cut its Applied Materials position by 99.4% in the third quarter, selling 364,674 shares and retaining 2,077 shares worth about $1.06 million. Institutional investors and hedge funds still own 80.56% of the company.
• Analysts remain broadly positive, with a consensus “Moderate Buy” rating and an average price target of $637.14; 31 analysts rate the stock Buy or Strong Buy, while eight recommend Hold.
• Applied Materials reported quarterly EPS of $3.50 and revenue of $9.12 billion, exceeding estimates, while shares recently traded at $428.41. Company insiders have sold 9,225 shares worth approximately $4.45 million over the past 90 days.

Curated Wealth Partners LLC reduced its position in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 99.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,077 shares of the manufacturing equipment provider's stock after selling 364,674 shares during the period. Curated Wealth Partners LLC's holdings in Applied Materials were worth $1,062,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. WealthPlan Investment Management LLC raised its stake in shares of Applied Materials by 14.3% in the 3rd quarter. WealthPlan Investment Management LLC now owns 22,689 shares of the manufacturing equipment provider's stock valued at $11,602,000 after purchasing an additional 2,834 shares in the last quarter. SBE LLC DBA Cedar Cove Wealth Partners raised its holdings in shares of Applied Materials by 5.1% during the third quarter. SBE LLC DBA Cedar Cove Wealth Partners now owns 1,389 shares of the manufacturing equipment provider's stock worth $710,000 after purchasing an additional 68 shares during the period. HBW Advisory Services LLC raised its holdings in shares of Applied Materials by 46.4% during the third quarter. HBW Advisory Services LLC now owns 1,184 shares of the manufacturing equipment provider's stock worth $605,000 after purchasing an additional 375 shares during the period. KG Capital Management lifted its position in shares of Applied Materials by 2.2% in the 3rd quarter. KG Capital Management now owns 1,307 shares of the manufacturing equipment provider's stock worth $668,000 after buying an additional 28 shares during the last quarter. Finally, Howard Financial Services LTD. lifted its position in shares of Applied Materials by 24.0% in the 3rd quarter. Howard Financial Services LTD. now owns 997 shares of the manufacturing equipment provider's stock worth $510,000 after buying an additional 193 shares during the last quarter. Institutional investors and hedge funds own 80.56% of the company's stock.

Insider Activity

In other news, CFO Brice Hill sold 7,500 shares of the business's stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $479.25, for a total transaction of $3,594,375.00. Following the completion of the transaction, the chief financial officer directly owned 128,613 shares in the company, valued at approximately $61,637,780.25. The trade was a 5.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Judy Bruner sold 1,000 shares of the stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $465.00, for a total value of $465,000.00. Following the completion of the transaction, the director directly owned 25,544 shares of the company's stock, valued at $11,877,960. This trade represents a 3.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 9,225 shares of company stock valued at $4,454,181. Insiders own 0.30% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on AMAT. HSBC lowered their price objective on shares of Applied Materials from $683.00 to $641.00 and set a "buy" rating for the company in a research report on Friday, August 14th. Stifel Nicolaus raised their target price on shares of Applied Materials from $530.00 to $650.00 and gave the stock a "buy" rating in a report on Friday, July 10th. Susquehanna raised their target price on shares of Applied Materials from $575.00 to $900.00 and gave the stock a "positive" rating in a report on Tuesday, June 30th. UBS Group lifted their target price on Applied Materials from $675.00 to $695.00 and gave the company a "buy" rating in a research note on Tuesday, September 1st. Finally, Citigroup reaffirmed a "buy" rating and set a $710.00 target price (up from $550.00) on shares of Applied Materials in a report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and eight have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Applied Materials presently has a consensus rating of "Moderate Buy" and a consensus price target of $637.14.

Trending Headlines about Applied Materials

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

• Positive Sentiment: Applied Materials unveiled its EPIC Center, a planned semiconductor research and development hub involving Intel, Micron, SK Hynix and Samsung. The facility is intended to accelerate chip innovation and could strengthen AMAT’s strategic position as AI drives demand for more advanced manufacturing. Applied Materials Unveils $5 Billion EPIC Center for Semiconductor R&D
• Positive Sentiment: Applied Ventures invested in Flexcompute’s Physics World Model AI platform, supporting faster and more accurate semiconductor design and materials simulations. The initiative could improve chip-development efficiency and create longer-term opportunities for Applied Materials. Applied Materials Backs AI Physics Modeling Push
• Positive Sentiment: RBC reaffirmed its “outperform” rating and assigned a $600 price target, while other analyst commentary cited positive earnings-estimate revisions and potential upside. Investors are also weighing AMAT’s history of earnings beats and strong demand for AI-related wafer-fabrication equipment.
• Neutral Sentiment: Thirty-one exchange-traded funds added AMAT shares on October 13, indicating continued institutional exposure, although the purchases have not offset the recent selling pressure. 31 ETFs Add to Applied Materials
• Negative Sentiment: The main catalyst for the selloff was investor-day guidance that some investors viewed as uncertain or insufficiently ambitious for 2030. Concerns included the lack of clearer near-term financial targets and questions surrounding the stated $5 billion EPIC Center investment. Why Applied Materials Sank Today
• Negative Sentiment: AMAT was also pressured by profit-taking across semiconductor-equipment stocks after a powerful AI-driven rally. Weakness in chip shares, including a sharp decline in South Korea’s KOSPI, intensified the sector-wide risk-off move. Semiconductor Equipment Stocks Slide

Applied Materials Stock Performance

Shares of Applied Materials stock traded down $18.22 during trading on Thursday, hitting $428.41. 5,530,248 shares of the stock were exchanged, compared to its average volume of 7,854,423. 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 12 month low of $203.40 and a 12 month high of $739.67. The stock's fifty day moving average is $485.07 and its 200 day moving average is $484.96. The stock has a market cap of $339.99 billion, a PE ratio of 36.87, a P/E/G ratio of 1.29 and a beta of 1.60.

Applied Materials (NASDAQ:AMAT - Get Free Report) last issued its quarterly earnings data on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share for the quarter, beating the consensus estimate of $3.40 by $0.10. The firm had revenue of $9.12 billion for 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%. Applied Materials's quarterly revenue was up 24.8% compared to the same quarter last year. During the same period last year, the firm posted $2.48 EPS. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. As a group, sell-side analysts anticipate that Applied Materials, Inc. will post 12.79 EPS for the current year.

Applied Materials Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Thursday, November 19th will be issued a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, November 19th. Applied Materials's payout ratio is 18.28%.

Applied Materials Profile

Applied Materials, Inc is a global supplier of equipment, services and software used to manufacture semiconductor chips, flat-panel displays and other advanced electronic products. Its technologies help customers build and enhance materials at the nanoscale, supporting processes such as deposition, etching, inspection, metrology and packaging.

The company's offerings include semiconductor manufacturing systems, process-control and inspection equipment, and services designed to improve the performance, productivity and longevity of production equipment.

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