Concurrent Investment Advisors LLC Buys 13,338 Shares of Applied Materials, Inc. $AMAT

Key Points

• Concurrent Investment Advisors increased its Applied Materials stake by 60% in the second quarter, purchasing 13,338 shares and bringing its holdings to 35,585 shares valued at approximately $25.7 million. Institutional investors collectively own 80.56% of the company.
• Applied Materials exceeded quarterly expectations with $3.50 in EPS and $9.12 billion in revenue, up 24.8% year over year. AI-related semiconductor equipment demand and raised analyst forecasts support the outlook, though valuation and a recent share-price decline remain concerns.
• The company declared a quarterly dividend of $0.53 per share, equivalent to $2.12 annually and a 0.5% yield. Analysts maintain a broadly positive view, with a consensus “Moderate Buy” rating and a $658.45 price target.

Concurrent Investment Advisors LLC boosted its stake in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 60.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,585 shares of the manufacturing equipment provider's stock after purchasing an additional 13,338 shares during the quarter. Concurrent Investment Advisors LLC's holdings in Applied Materials were worth $25,728,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Brighton Jones LLC increased its holdings in shares of Applied Materials by 28.0% in the 4th quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider's stock worth $2,061,000 after buying an additional 2,771 shares during the last quarter. Sivia Capital Partners LLC lifted its holdings in shares of Applied Materials by 26.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,225 shares of the manufacturing equipment provider's stock worth $590,000 after acquiring an additional 679 shares during the last quarter. Forefront Wealth Partners LLC purchased a new position in Applied Materials in the second quarter worth $410,000. Schnieders Capital Management LLC. grew its position in Applied Materials by 30.1% in the second quarter. Schnieders Capital Management LLC. now owns 15,003 shares of the manufacturing equipment provider's stock worth $2,747,000 after acquiring an additional 3,469 shares in the last quarter. Finally, Sei Investments Co. increased its stake in Applied Materials by 59.3% in the second quarter. Sei Investments Co. now owns 422,694 shares of the manufacturing equipment provider's stock valued at $77,383,000 after acquiring an additional 157,426 shares during the last quarter. 80.56% of the stock is currently owned by institutional investors.

Applied Materials Stock Performance

NASDAQ AMAT opened at $435.91 on Friday. The company has a 50-day simple moving average of $536.69 and a two-hundred day simple moving average of $460.63. Applied Materials, Inc. has a 12-month low of $155.40 and a 12-month high of $739.67. The firm has a market cap of $345.94 billion, a price-to-earnings ratio of 37.58, a PEG ratio of 1.22 and a beta of 1.60. 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 released its quarterly earnings data on Thursday, August 13th. The manufacturing equipment provider reported $3.50 EPS for the quarter, topping the consensus estimate of $3.40 by $0.10. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%.The firm had revenue of $9.12 billion for the quarter, compared to the consensus estimate of $8.99 billion. During the same quarter in the previous year, the business earned $2.48 earnings per share. The company's quarterly revenue was up 24.8% on a year-over-year basis. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. On average, equities analysts forecast that Applied Materials, Inc. will post 12.76 EPS for the current year.

Applied Materials Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, August 20th. Applied Materials's payout ratio is 18.28%.

Applied Materials News Roundup

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

• Positive Sentiment: AI infrastructure spending is supporting demand for Applied Materials’ semiconductor equipment, particularly in advanced packaging, DRAM and high-bandwidth memory (HBM). Accelerating global fab investment could sustain growth in wafer-fabrication equipment. AMAT Rides on AI-Led WFE Demand: Can it Sustain the Momentum?
• Positive Sentiment: Analysts have raised their Applied Materials earnings expectations, including an increase to the fiscal 2027 EPS estimate. UBS also reportedly sees meaningful potential appreciation, reinforcing the bullish outlook for the stock. FY2027 EPS Estimate for Applied Materials Boosted by Analyst
• Positive Sentiment: Management’s forecast was raised twice between February and August. Investors have re-rated AMAT based on improving forward expectations, even though trailing-twelve-month revenue growth was only 7.8%. Why Did Applied Materials Stock Nearly Triple on Single-Digit Trailing Revenue Growth?
• Neutral Sentiment: The semiconductor wafer-inspection market is expected to expand through 2035, driven by AI, electric vehicles, advanced nodes and advanced packaging. This supports Applied Materials’ long-term addressable market but does not necessarily provide an immediate earnings catalyst. Semiconductor Wafer Inspection Equipment Market Outlook 2025-2035
• Negative Sentiment: Valuation remains the main pressure point. After a roughly 237% five-year gain and a major year-to-date advance, investors may be demanding increasingly strong results to justify AMAT’s premium multiple. Can Applied Materials Still Look Cheap After a 237% Run?
• Negative Sentiment: The stock’s recent decline despite record revenue and above-consensus guidance suggests that expectations, profit-taking and concerns about the semiconductor cycle are outweighing the positive operating news. Applied Materials Just Dropped 14% in a Month. Sell Now, or Buy More?

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Cantor Fitzgerald reaffirmed an "overweight" rating on shares of Applied Materials in a research note on Friday, August 14th. HC Wainwright set a $850.00 price objective on Applied Materials in a research report on Monday, June 29th. Susquehanna raised their price objective on Applied Materials from $575.00 to $900.00 and gave the company a "positive" rating in a report on Tuesday, June 30th. Seaport Research Partners restated a "buy" rating and issued a $575.00 target price on shares of Applied Materials in a research report on Friday, August 14th. Finally, Craig Hallum upped their target price on Applied Materials from $530.00 to $585.00 and gave the stock a "buy" rating in a research note on Friday, August 14th. 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's stock. Based on data from MarketBeat, Applied Materials currently has a consensus rating of "Moderate Buy" and a consensus price target of $658.45.

Insider Transactions at Applied Materials

In other news, CEO Gary E. Dickerson sold 20,000 shares of the stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $735.22, for a total transaction of $14,704,400.00. Following the completion of the sale, the chief executive officer owned 1,599,843 shares of the company's stock, valued at approximately $1,176,236,570.46. This represents a 1.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Omkaram Nalamasu sold 24,263 shares of the firm's stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $593.43, for a total transaction of $14,398,392.09. Following the completion of the transaction, the senior vice president owned 146,916 shares in the company, valued at $87,184,361.88. This represents a 14.17% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 231,692 shares of company stock valued at $146,114,059. 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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