Applied Materials, Inc. $AMAT Stock Holdings Raised by TD Waterhouse Canada Inc.

Key Points

• TD Waterhouse Canada increased its Applied Materials stake by 7% in the third quarter, holding 129,208 shares valued at approximately $66.1 million. Institutional investors collectively own 80.56% of the company.
• Analyst sentiment remains favorable, with one Strong Buy, 30 Buy, and eight Hold ratings; the stock has an average “Moderate Buy” rating and a consensus price target of $632.70.
• Applied Materials reported quarterly revenue of $9.12 billion and EPS of $3.50, exceeding estimates, while shares recently traded at $409.29. The company also declared a quarterly dividend of $0.53 per share, yielding about 0.5%.

TD Waterhouse Canada Inc. increased its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 7.0% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 129,208 shares of the manufacturing equipment provider's stock after acquiring an additional 8,429 shares during the period. TD Waterhouse Canada Inc.'s holdings in Applied Materials were worth $66,074,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of AMAT. BlackRock Inc. boosted its position in Applied Materials by 1.6% during the second quarter. BlackRock Inc. now owns 80,212,518 shares of the manufacturing equipment provider's stock worth $57,993,650,000 after purchasing an additional 1,237,685 shares in the last quarter. State Street Corp grew its holdings in Applied Materials by 85.4% in the second quarter. State Street Corp now owns 69,525,842 shares of the manufacturing equipment provider's stock valued at $50,267,184,000 after purchasing an additional 32,018,892 shares during the period. Amundi grew its holdings in Applied Materials by 19.0% in the second quarter. Amundi now owns 7,808,207 shares of the manufacturing equipment provider's stock valued at $5,645,344,000 after purchasing an additional 1,246,876 shares during the period. Van ECK Associates Corp grew its holdings in Applied Materials by 16.2% in the second quarter. Van ECK Associates Corp now owns 7,713,599 shares of the manufacturing equipment provider's stock valued at $5,576,932,000 after purchasing an additional 1,073,879 shares during the period. Finally, Bank of America Corp DE purchased a new stake in shares of Applied Materials in the second quarter valued at approximately $5,252,863,000. Hedge funds and other institutional investors own 80.56% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. HC Wainwright set a $850.00 target price on Applied Materials in a research note on Monday, June 29th. Needham & Company LLC dropped their price target on shares of Applied Materials from $740.00 to $580.00 and set a "buy" rating on the stock in a research note on Friday. UBS Group lifted their price target on shares of Applied Materials from $675.00 to $695.00 and gave the company a "buy" rating in a research note on Tuesday, September 1st. Zacks Research raised shares of Applied Materials from a "hold" rating to a "strong-buy" rating in a report on Wednesday, July 1st. Finally, Wall Street Zen upgraded shares of Applied Materials from a "hold" rating to a "buy" rating in a research report on Saturday, September 26th. One analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and eight have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Applied Materials currently has an average rating of "Moderate Buy" and an average target price of $632.70.

Insider Activity at Applied Materials

In other news, CFO Brice Hill sold 7,500 shares of the company's stock in a transaction 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 represents a 5.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Adam Sanders sold 725 shares of the company's stock in a transaction 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 sale, the chief accounting officer directly owned 3,181 shares of the company's stock, valued at $1,732,245.36. The trade was a 18.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 9,225 shares of company stock valued at $4,454,181. 0.30% of the stock is owned by insiders.

Key Headlines Impacting Applied Materials

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

• Positive Sentiment: Applied Materials opened its $5 billion EPIC Center in Sunnyvale, California, described as the world’s largest semiconductor equipment and process-technology research facility. The investment should strengthen the company’s ability to develop equipment for advanced chips and capitalize on long-term AI and semiconductor capacity growth. Applied Materials opens $5B semiconductor innovation center
• Positive Sentiment: Needham lowered its Applied Materials price target from $740 to $580 but maintained a “buy” rating, indicating that the recent pullback has created what the firm considers meaningful upside. Other recent commentary also highlights AMAT’s broad equipment portfolio and strategic position in semiconductor manufacturing.
• Positive Sentiment: Investors are evaluating whether the current decline could offer an attractive entry point. Historical rebounds after sharp selloffs, continued semiconductor capacity expansion, and expectations for a sales recovery support the longer-term bullish case. Has Buying Applied Materials Stock's Dips Paid Off?
• Neutral Sentiment: Analyst commentary is mixed: some reports identify Applied Materials as a growth-at-a-reasonable-price opportunity, while others present a more cautious view of technology stocks. ETF activity has also been inconsistent, with 31 funds adding AMAT on October 13 but ETFs collectively selling shares on October 14.
• Negative Sentiment: Chip-equipment stocks are recording unusually long losing streaks as investors question whether AI-related spending can continue at its current pace. Those sector-wide concerns are currently outweighing the potential benefits of the new research center and are contributing to AMAT’s decline. Chip Equipment Stocks Notch Historic Losing Streaks

Applied Materials Price Performance

AMAT stock traded down $20.72 during trading on Friday, hitting $409.29. The stock had a trading volume of 8,533,128 shares, compared to its average volume of 6,720,239. Applied Materials, Inc. has a twelve month low of $203.40 and a twelve month high of $739.67. The company's 50-day moving average price is $480.52 and its two-hundred day moving average price is $485.08. 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 stock has a market capitalization of $324.81 billion, a P/E ratio of 35.28, a PEG ratio of 1.20 and a beta of 1.60.

Applied Materials (NASDAQ:AMAT - Get Free Report) last announced its earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 EPS for the quarter, beating analysts' consensus estimates of $3.40 by $0.10. The business had revenue of $9.12 billion during the quarter, compared to analysts' expectations of $8.99 billion. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%. The business's revenue was up 24.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.48 earnings per share. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. As a group, research analysts predict that Applied Materials, Inc. will post 12.79 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Thursday, November 19th will be paid a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, November 19th. Applied Materials's dividend payout ratio is currently 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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