BLI Banque de Luxembourg Investments Sells 8,173 Shares of Applied Materials, Inc. $AMAT

BLI Banque de Luxembourg Investments cut its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 8.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 86,742 shares of the manufacturing equipment provider's stock after selling 8,173 shares during the quarter. BLI Banque de Luxembourg Investments' holdings in Applied Materials were worth $22,554,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Highline Wealth Partners LLC increased its holdings in shares of Applied Materials by 48.7% during the fourth quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider's stock valued at $30,000 after acquiring an additional 38 shares in the last quarter. Joseph Group Capital Management bought a new position in shares of Applied Materials during the fourth quarter valued at $31,000. Redmont Wealth Advisors LLC bought a new position in shares of Applied Materials during the third quarter valued at $26,000. Dogwood Wealth Management LLC increased its holdings in shares of Applied Materials by 52.4% during the fourth quarter. Dogwood Wealth Management LLC now owns 128 shares of the manufacturing equipment provider's stock valued at $33,000 after acquiring an additional 44 shares in the last quarter. Finally, IMG Wealth Management Inc. increased its holdings in shares of Applied Materials by 147.2% during the fourth quarter. IMG Wealth Management Inc. now owns 131 shares of the manufacturing equipment provider's stock valued at $34,000 after acquiring an additional 78 shares in the last quarter. 80.56% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Applied Materials news, CAO Adam Sanders sold 268 shares of the company's stock in a transaction dated Friday, May 22nd. The stock was 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 owned 4,280 shares in the company, valued at $1,858,461.60. This represents a 5.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Brice Hill sold 2,500 shares of the firm's stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $498.86, for a total value of $1,247,150.00. Following the completion of the transaction, the chief financial officer directly owned 136,113 shares in the company, valued at $67,901,331.18. This trade represents a 1.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 53,896 shares of company stock valued at $27,135,121 over the last three months. 0.30% of the stock is currently owned by company insiders.

Applied Materials Price Performance

NASDAQ AMAT opened at $492.17 on Tuesday. The company has a 50-day moving average price of $412.01 and a 200-day moving average price of $344.99. Applied Materials, Inc. has a 52 week low of $154.46 and a 52 week high of $510.75. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $390.76 billion, a P/E ratio of 46.21, a PEG ratio of 1.27 and a beta of 1.67.

Applied Materials (NASDAQ:AMAT - Get Free Report) last announced its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.68 by $0.18. The company had revenue of $7.91 billion during the quarter, compared to analyst estimates of $7.68 billion. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The firm's quarterly revenue was up 11.4% compared to the same quarter last year. During the same period in the previous year, the business posted $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Equities research analysts anticipate that Applied Materials, Inc. will post 12.02 earnings per share for the current year.

Applied Materials Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Thursday, May 21st will be issued a $0.53 dividend. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $2.12 dividend on an annualized basis and a yield of 0.4%. This is an increase from Applied Materials's previous quarterly dividend of $0.46. Applied Materials's payout ratio is 19.91%.

Analyst Ratings Changes

A number of equities analysts have weighed in on AMAT shares. JPMorgan Chase & Co. boosted their target price on Applied Materials from $400.00 to $515.00 and gave the stock an "overweight" rating in a research report on Friday, May 15th. Sanford C. Bernstein reissued an "outperform" rating and issued a $525.00 target price on shares of Applied Materials in a research report on Friday, May 15th. Wolfe Research boosted their target price on Applied Materials from $500.00 to $550.00 and gave the stock an "outperform" rating in a research report on Friday, May 15th. Susquehanna boosted their target price on Applied Materials from $435.00 to $500.00 and gave the stock a "positive" rating in a research report on Thursday, April 9th. Finally, KeyCorp boosted their target price on Applied Materials from $450.00 to $550.00 and gave the stock an "overweight" rating in a research report on Friday, May 15th. Twenty-seven equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $470.13.

Applied Materials News Summary

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

• Positive Sentiment: Recent coverage points to renewed optimism around Applied Materials’ exposure to AI infrastructure spending, with analysts and market commentary highlighting strong demand in logic, DRAM, and advanced packaging. Applied Materials jumps 6.8% as AI-driven equipment demand and analyst optimism lift shares
• Positive Sentiment: Wall Street sentiment remains constructive, with multiple recent buy-equivalent ratings and several price targets above current trading levels, suggesting analysts see more upside for AMAT. 3 chip stocks to buy after recent SOX pullback: Citi
• Positive Sentiment: Applied Materials has been a standout performer this year, with articles noting it has outpaced much of the broader technology sector, which can attract momentum buyers. Are Computer and Technology Stocks Lagging Applied Materials (AMAT) This Year?
• Neutral Sentiment: Several stories are revisiting whether AMAT is still a buy after a large year-to-date rally, reflecting valuation debate rather than a clear change in fundamentals. Should You Buy, Sell or Hold AMAT Stock After a 167% Rise in a Year?
• Neutral Sentiment: Sector-wide coverage of AMAT trading alongside KLA Corporation suggests the move also reflects broader strength in semiconductor equipment names, not just company-specific news. Applied Materials and KLA Corporation stocks trade up, what you need to know
• Negative Sentiment: There is some caution from insiders and commentators, including reports of recent insider selling, which can modestly weigh on sentiment even if it does not change the long-term thesis. Insider Selling: Applied Materials NASDAQ: AMAT CFO Sells $1,247,150.00 in Stock

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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