Cambient Family Office LLC Takes $4.50 Million Position in Applied Materials, Inc. $AMAT

Key Points

• Cambient Family Office LLC opened a new position in Applied Materials, buying 17,502 shares valued at about $4.5 million in the fourth quarter.
• Applied Materials recently reported better-than-expected quarterly results, with EPS of $2.86 on revenue of $7.91 billion, and it guided Q3 2026 EPS to a range of $3.16 to $3.56.
• Analysts remain broadly upbeat on the stock, with multiple firms raising price targets; the Street now has a Moderate Buy consensus and an average price target of $489.16.

Cambient Family Office LLC bought a new stake in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 17,502 shares of the manufacturing equipment provider's stock, valued at approximately $4,498,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Cornerstone Financial Management LLC bought a new stake in shares of Applied Materials during the 4th quarter worth approximately $25,000. Redmont Wealth Advisors LLC acquired a new stake in shares of Applied Materials in the 3rd quarter valued at approximately $26,000. Wilkerson Advisory Group LLC bought a new position in shares of Applied Materials in the fourth quarter valued at $26,000. Highline Wealth Partners LLC grew its stake in shares of Applied Materials by 48.7% in the fourth quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider's stock valued at $30,000 after buying an additional 38 shares in the last quarter. Finally, Joseph Group Capital Management acquired a new position in Applied Materials during the fourth quarter worth $31,000. Institutional investors own 80.56% of the company's stock.

Applied Materials Price Performance

NASDAQ:AMAT opened at $617.11 on Friday. The company has a market cap of $489.96 billion, a P/E ratio of 57.94, a P/E/G ratio of 1.65 and a beta of 1.67. The firm's fifty day moving average price is $446.42 and its two-hundred day moving average price is $363.12. Applied Materials, Inc. has a one year low of $154.46 and a one year high of $638.90. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.51 and a quick ratio of 1.80.

Applied Materials (NASDAQ:AMAT - Get Free Report) last posted its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.68 by $0.18. The company had revenue of $7.91 billion during the quarter, compared to analysts' expectations of $7.68 billion. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. Applied Materials's quarterly revenue was up 11.4% compared to the same quarter last year. During the same quarter last year, the company posted $2.39 EPS. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Equities analysts expect that Applied Materials, Inc. will post 12.1 earnings per share for the current year.

Applied Materials Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be given a dividend of $0.53 per share. The ex-dividend date is Thursday, August 20th. This represents a $2.12 annualized dividend and a yield of 0.3%. Applied Materials's dividend payout ratio (DPR) is 19.91%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. HSBC began coverage on shares of Applied Materials in a research report on Friday, May 8th. They set a "buy" rating and a $517.00 price target on the stock. Citigroup boosted their price objective on shares of Applied Materials from $550.00 to $710.00 and gave the stock a "buy" rating in a research note on Wednesday. Wolfe Research upped their target price on shares of Applied Materials from $500.00 to $550.00 and gave the company an "outperform" rating in a report on Friday, May 15th. UBS Group raised their target price on shares of Applied Materials from $515.00 to $570.00 and gave the company a "buy" rating in a research note on Wednesday, June 10th. Finally, KeyCorp lifted their price target on Applied Materials from $450.00 to $550.00 and gave the stock an "overweight" rating in a report on Friday, May 15th. Twenty-seven equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $489.16.

More Applied Materials News

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

• Positive Sentiment: Citi raised its price target on Applied Materials, reinforcing the view that AI infrastructure spending and memory-chip equipment demand should keep driving revenue growth. Applied Materials surges as Citi lifts target on AI demand boom
• Positive Sentiment: Applied Materials launched SENZ, a fully integrated visual system for AI smart glasses, and partnered with EssilorLuxottica and Qualcomm, giving investors a potential new long-term growth avenue. Applied Materials (AMAT) Launches SENZ With Qualcomm And EssilorLuxottica For AI Eyewear
• Positive Sentiment: Recent commentary highlighted Applied Materials as a beneficiary of the AI equipment super-cycle, with strong earnings, robust wafer-fab equipment demand, and favorable analyst sentiment supporting the rally. Applied Materials: The Cheapest Seat On The AI Equipment Super-Cycle

Insider Activity

In other news, insider Prabu G. Raja sold 50,000 shares of the business's stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $505.28, for a total transaction of $25,264,000.00. Following the completion of the sale, the insider owned 356,642 shares in the company, valued at $180,204,069.76. The trade was a 12.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Gary E. Dickerson sold 71,727 shares of the company's stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $593.75, for a total value of $42,587,906.25. Following the completion of the transaction, the chief executive officer directly owned 1,695,164 shares in the company, valued at $1,006,503,625. The trade was a 4.06% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 189,767 shares of company stock valued at $107,769,409. Company insiders own 0.30% of the company's stock.

About Applied Materials

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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