Applied Materials, Inc. $AMAT Stock Position Raised by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC lifted its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 81.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,727 shares of the manufacturing equipment provider's stock after acquiring an additional 3,913 shares during the quarter. Foundations Investment Advisors LLC's holdings in Applied Materials were worth $2,243,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Capital Research Global Investors boosted its holdings in shares of Applied Materials by 225.4% in the third quarter. Capital Research Global Investors now owns 14,877,672 shares of the manufacturing equipment provider's stock worth $3,046,057,000 after buying an additional 10,305,182 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Applied Materials by 617.2% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,129,483 shares of the manufacturing equipment provider's stock worth $1,869,170,000 after buying an additional 7,856,576 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of Applied Materials by 40.1% in the third quarter. Ameriprise Financial Inc. now owns 12,520,114 shares of the manufacturing equipment provider's stock worth $2,563,376,000 after buying an additional 3,583,751 shares during the period. Coatue Management LLC acquired a new position in shares of Applied Materials in the third quarter worth about $685,684,000. Finally, Sanders Capital LLC boosted its position in shares of Applied Materials by 42.6% in the third quarter. Sanders Capital LLC now owns 10,978,990 shares of the manufacturing equipment provider's stock worth $2,247,838,000 after buying an additional 3,280,730 shares during the period. 80.56% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Applied Materials news, CAO Adam Sanders sold 268 shares of Applied Materials stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $434.22, for a total value of $116,370.96. Following the completion of the sale, the chief accounting officer directly owned 4,280 shares in the company, valued at $1,858,461.60. The trade was a 5.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Judy Bruner sold 1,128 shares of Applied Materials stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $450.00, for a total transaction of $507,600.00. Following the completion of the sale, the director owned 26,544 shares of the company's stock, valued at $11,944,800. This trade represents a 4.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.30% of the stock is owned by insiders.

Applied Materials News Summary

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

• Positive Sentiment: Cantor Fitzgerald reaffirmed its Overweight rating on Applied Materials and raised its price target to $575, reinforcing bullish analyst sentiment and pointing to more upside potential. Applied Materials NASDAQ: AMAT Receives Overweight Rating from Cantor Fitzgerald
• Positive Sentiment: Recent coverage highlights AMAT’s blowout quarterly results, higher outlook, and new AI chip equipment partnerships with companies like Broadcom and SCREEN, all of which support expectations for continued demand in semiconductor manufacturing equipment. Assessing Applied Materials (AMAT) Valuation After Earnings Beat And New AI Chip Equipment Partnerships
• Positive Sentiment: CEO Gary Dickerson said the semiconductor industry is in its strongest period ever, with AI driving unprecedented computing demand, which adds to the long-term growth narrative for Applied Materials. This is the greatest time ever for semiconductors, says CEO of key equipment supplier
• Positive Sentiment: AMAT continues to attract bullish commentary from analysts and market commentators as a leading AI semiconductor equipment play, helping sustain momentum in the shares. KLA vs. Applied Materials: Which Chip Equipment Stock Wins Now?
• Neutral Sentiment: The company also presented at Bernstein’s Strategic Decisions Conference, which kept investors focused on management’s outlook but did not add a major new catalyst. Applied Materials, Inc. (AMAT) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript
• Negative Sentiment: Recent insider selling by Director Judy Bruner may create a modest headwind, though the sale was small relative to her remaining stake and does not appear to change the broader bullish thesis. Applied Materials director Judy Bruner stock sale

Analyst Ratings Changes

AMAT has been the subject of several recent analyst reports. Jefferies Financial Group raised their target price on Applied Materials from $415.00 to $510.00 and gave the stock a "buy" rating in a research report on Friday, May 15th. Morgan Stanley reaffirmed an "equal weight" rating and issued a $502.00 target price (up from $454.00) on shares of Applied Materials in a research report on Friday, May 15th. Truist Financial set a $575.00 target price on Applied Materials in a research report on Thursday. Royal Bank Of Canada raised their price target on shares of Applied Materials from $500.00 to $520.00 and gave the stock an "outperform" rating in a report on Friday, May 15th. Finally, HSBC started coverage on shares of Applied Materials in a report on Friday, May 8th. They set a "buy" rating and a $517.00 price target for the company. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, Applied Materials currently has an average rating of "Moderate Buy" and a consensus price target of $470.13.

Applied Materials Price Performance

AMAT opened at $450.06 on Friday. The stock has a market cap of $357.33 billion, a price-to-earnings ratio of 42.26, a PEG ratio of 1.26 and a beta of 1.66. Applied Materials, Inc. has a 1 year low of $153.47 and a 1 year high of $462.40. The company has a current ratio of 2.51, a quick ratio of 1.80 and a debt-to-equity ratio of 0.22. The stock has a fifty day moving average price of $397.25 and a 200 day moving average price of $333.49.

Applied Materials (NASDAQ:AMAT - Get Free Report) last released its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 business's revenue for the quarter was up 11.4% on a year-over-year basis. During the same quarter last year, the firm earned $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Analysts forecast that Applied Materials, Inc. will post 12.02 EPS for the current fiscal year.

Applied Materials Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Thursday, May 21st will be paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 0.5%. This is a boost from Applied Materials's previous quarterly dividend of $0.46. The ex-dividend date is Thursday, May 21st. Applied Materials's dividend payout ratio is presently 19.91%.

Applied Materials Company Profile

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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