Bank of New York Mellon Corp Has $5.08 Billion Stake in Applied Materials, Inc. $AMAT

Bank of New York Mellon Corp decreased its position in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 18.4% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 7,021,201 shares of the manufacturing equipment provider's stock after selling 1,578,438 shares during the period. Applied Materials comprises 0.8% of Bank of New York Mellon Corp's portfolio, making the stock its 18th biggest position. Bank of New York Mellon Corp owned about 0.88% of Applied Materials worth $5,076,329,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Financial Freedom LLC acquired a new stake in shares of Applied Materials in the 1st quarter valued at approximately $28,000. Elevation Wealth Partners LLC raised its position in shares of Applied Materials by 34.8% in the second quarter. Elevation Wealth Partners LLC now owns 93 shares of the manufacturing equipment provider's stock valued at $67,000 after purchasing an additional 24 shares during the period. Cornerstone Financial Management LLC bought a new position in Applied Materials in the 4th quarter valued at about $25,000. Whipplewood Advisors LLC increased its stake in shares of Applied Materials by 218.8% during the first quarter. Whipplewood Advisors LLC now owns 102 shares of the manufacturing equipment provider's stock worth $35,000 after purchasing an additional 70 shares during the period. Finally, Wilkerson Advisory Group LLC bought a new stake in Applied Materials in the 4th quarter valued at about $26,000. 80.56% of the stock is currently owned by institutional investors.

Applied Materials News Roundup

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

• Positive Sentiment: Applied Materials was included in Zacks’ Rank #1 (Strong Buy) momentum list, reflecting continued favorable technical and fundamental sentiment after its substantial 2026 rally. Best Momentum Stock to Buy for August 19th
• Positive Sentiment: An analyst upgrade recently supported AMAT, while longer-term bullish arguments point to AI-driven semiconductor demand, a broad equipment portfolio and strong international revenue opportunities. Applied Materials Trading Higher Following Analyst Upgrade
• Neutral Sentiment: Applied Materials had surged about 98% in 2026 and 31% over three months, making it a major beneficiary of the AI-capital-spending trade but also leaving the stock vulnerable to profit-taking and shifts in expectations. Applied Materials Rockets 98% in 2026
• Neutral Sentiment: Analysts remain constructive on AI-related growth and semiconductor demand, but AMAT’s premium valuation requires continued execution and strong forecasts to justify further gains. Should You Buy, Sell or Hold AMAT Stock
• Negative Sentiment: The immediate pressure is concentrated across chip-equipment names, including Applied Materials, Lam Research and Teradyne. Because the broader market is rising while the group sells off, investors appear concerned about the durability or timing of AI-related capital expenditures rather than interest rates alone. What Is Prompting the Selloff in Chip Equipment Stocks?
• Negative Sentiment: Investors are also questioning whether AMAT is “priced for perfection,” with its elevated earnings multiple increasing the risk of a sharper reaction to any slowdown in AI spending or semiconductor demand. Applied Materials Is Priced For Perfection

Insider Buying and Selling at Applied Materials

In other Applied Materials news, SVP Timothy M. Deane sold 8,621 shares of the business's stock in a transaction on Monday, June 15th. The stock was sold at an average price of $590.76, for a total value of $5,092,941.96. Following the transaction, the senior vice president owned 134,631 shares of the company's stock, valued at approximately $79,534,609.56. The trade was a 6.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, 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 completion of the transaction, the chief executive officer 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 SEC filing for this sale provides additional information. Insiders sold 278,088 shares of company stock valued at $169,654,805 in the last quarter. 0.30% of the stock is owned by company insiders.

Applied Materials Price Performance

Shares of NASDAQ:AMAT opened at $496.17 on Thursday. Applied Materials, Inc. has a twelve month low of $154.46 and a twelve month high of $739.67. The firm has a market capitalization of $393.94 billion, a price-to-earnings ratio of 42.77, a PEG ratio of 1.11 and a beta of 1.61. The stock's 50 day moving average is $565.29 and its 200-day moving average is $449.54. The company has a quick ratio of 1.79, a current ratio of 2.42 and a debt-to-equity ratio of 0.20.

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 (EPS) for the quarter, beating analysts' consensus estimates of $3.40 by $0.10. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The firm had revenue of $9.12 billion during the quarter, compared to analysts' expectations of $8.99 billion. The business's revenue was up 24.8% on a year-over-year basis. During the same period last year, the company earned $2.48 earnings per share. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. Sell-side analysts forecast that Applied Materials, Inc. will post 12.65 EPS for the current fiscal year.

Applied Materials Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be issued a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, August 20th. Applied Materials's payout ratio is currently 18.28%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on AMAT. Citigroup reiterated a "buy" rating on shares of Applied Materials in a research report on Monday, August 3rd. Raymond James Financial set a $650.00 target price on shares of Applied Materials in a research note on Wednesday, June 10th. Craig Hallum upped their price objective on Applied Materials from $530.00 to $585.00 and gave the company a "buy" rating in a research note on Friday, August 14th. Barclays increased their price objective on Applied Materials from $500.00 to $590.00 and gave the company an "overweight" rating in a report on Thursday, June 11th. Finally, Weiss Ratings restated a "buy (b-)" rating on shares of Applied Materials in a research report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $659.83.

Applied Materials 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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