Concurrent Investment Advisors LLC Raises Holdings in Applied Materials, Inc. $AMAT

Key Points

• Concurrent Investment Advisors LLC boosted its stake in Applied Materials by 116.4% in Q4 to 23,300 shares, valued at about $5.99 million.
• Applied Materials beat Q1 estimates (non‑GAAP EPS $2.38 vs. $2.21), reported record DRAM revenue (~34% of Semiconductor Systems), set Q2 guidance of $2.44–$2.84 EPS, and analysts raised price targets, producing a consensus Moderate Buy rating with a $368.29 target.
• Other large institutions also increased holdings (e.g., Capital Research +225.4%, Ameriprise +40.1%), institutional ownership is 80.56%, while insiders sold ~12,003 shares recently and the company raised its quarterly dividend to $0.53 (annual yield 0.5%).

Concurrent Investment Advisors LLC boosted its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 116.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,300 shares of the manufacturing equipment provider's stock after purchasing an additional 12,534 shares during the quarter. Concurrent Investment Advisors LLC's holdings in Applied Materials were worth $5,988,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Capital Research Global Investors increased its holdings in shares of Applied Materials by 225.4% in the 3rd quarter. Capital Research Global Investors now owns 14,877,672 shares of the manufacturing equipment provider's stock valued at $3,046,057,000 after acquiring an additional 10,305,182 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Applied Materials by 40.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 12,520,114 shares of the manufacturing equipment provider's stock valued at $2,563,376,000 after acquiring an additional 3,583,751 shares during the last quarter. Sanders Capital LLC increased its holdings in shares of Applied Materials by 42.6% in the 3rd quarter. Sanders Capital LLC now owns 10,978,990 shares of the manufacturing equipment provider's stock valued at $2,247,838,000 after acquiring an additional 3,280,730 shares during the last quarter. Van ECK Associates Corp increased its holdings in shares of Applied Materials by 19.0% in the 3rd quarter. Van ECK Associates Corp now owns 10,552,132 shares of the manufacturing equipment provider's stock valued at $2,160,443,000 after acquiring an additional 1,681,911 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Applied Materials by 617.2% in the 3rd 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 valued at $1,869,170,000 after acquiring an additional 7,856,576 shares during the last quarter. Hedge funds and other institutional investors own 80.56% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently commented on AMAT shares. Weiss Ratings reiterated a "buy (b-)" rating on shares of Applied Materials in a report on Friday, March 27th. TD Cowen increased their price objective on Applied Materials from $315.00 to $450.00 and gave the company a "buy" rating in a report on Friday, February 13th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $450.00 price objective on shares of Applied Materials in a report on Friday, February 13th. The Goldman Sachs Group increased their price objective on Applied Materials from $310.00 to $390.00 and gave the company a "buy" rating in a report on Friday, February 13th. Finally, Mizuho increased their price objective on Applied Materials from $370.00 to $410.00 and gave the company an "outperform" rating in a report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, Applied Materials presently has a consensus rating of "Moderate Buy" and a consensus target price of $368.29.

Key Stories Impacting Applied Materials

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

• Positive Sentiment: Q1 results and DRAM strength — Applied beat estimates (non-GAAP EPS $2.38 vs $2.21) and reported record DRAM revenue now ~34% of Semiconductor Systems revenue, supporting a stronger memory-driven growth outlook. Philippe Laffont's Coatue Is Betting Billions on These 3 AI Stocks. Here's Why Smart Money Sees AI Dominance
• Positive Sentiment: Tesla terafab participation — Applied joined Tesla’s Terafab project, a potential validation of AMAT’s equipment roadmap and a source of future equipment orders if Tesla scales fabs. Applied Materials Just Joined the Tesla Terafab Project. Does That Make AMAT Stock a Buy?
• Positive Sentiment: High-profile bullish endorsements — Jim Cramer publicly called AMAT “a great buy,” and buy-side interest (e.g., Coatue) draws retail and institutional attention that can support momentum. Jim Cramer on Applied Materials: “It’s Not a Good Buy, It’s a Great Buy”
• Positive Sentiment: Wall Street and sector tailwinds — Analysts and industry write-ups expect double-digit EPS growth next quarter and highlight semiconductor/AI-driven demand (especially for memory/DRAM), which benefits AMAT’s equipment backlog and margin outlook. What to Expect From Applied Materials' Q2 2026 Earnings Report
• Positive Sentiment: Industry buy lists and thematic coverage — AMAT appears on semiconductor/AI-themed buy lists (Zacks, industry commentaries) as investors favor companies exposed to AI, ML and memory demand. 3 Stocks to Buy From the Prospering Semiconductor Industry
• Neutral Sentiment: Upcoming earnings date set — Applied will report fiscal Q2 2026 results on May 14; the event is a clear near-term catalyst but outcome/tone will determine direction. Applied Materials to Report Fiscal Second Quarter 2026 Results on May 14, 2026
• Neutral Sentiment: Speculative upside narratives — Coverage arguing AMAT could be a trillion-dollar company candidate is bullish headline-grabbing speculation but depends on sustained margin and end-market expansion. Applied Materials (AMAT): Analyzing the Next Stock to Breach the Trillion Dollar Barrier
• Neutral Sentiment: Short-interest data anomaly — a report shows a “large increase” but lists zero shares and NaN changes; likely a data glitch rather than actionable short-squeeze signal. (source: short interest report)
• Neutral Sentiment: Misc. buy/sell write-ups — Multiple “is AMAT a buy?” pieces and commentaries summarize bull cases; they reinforce investor interest but add no new company-specific catalysts. Is Applied Materials, Inc. (AMAT) A Good Stock To Buy Now?

Insiders Place Their Bets

In other Applied Materials news, Director Judy Bruner sold 2,500 shares of the stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $391.71, for a total transaction of $979,275.00. Following the completion of the sale, the director directly owned 26,089 shares of the company's stock, valued at approximately $10,219,322.19. This trade represents a 8.74% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Brice Hill sold 5,000 shares of the stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $361.21, for a total value of $1,806,050.00. Following the sale, the chief financial officer directly owned 138,565 shares of the company's stock, valued at $50,051,063.65. The trade was a 3.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 12,003 shares of company stock valued at $4,484,189. 0.30% of the stock is owned by company insiders.

Applied Materials Stock Down 0.0%

Applied Materials stock opened at $417.00 on Monday. Applied Materials, Inc. has a twelve month low of $144.71 and a twelve month high of $420.50. The stock has a 50 day moving average of $366.44 and a two-hundred day moving average of $302.28. The company has a current ratio of 2.71, a quick ratio of 1.94 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $330.94 billion, a price-to-earnings ratio of 42.68, a PEG ratio of 1.86 and a beta of 1.64.

Applied Materials (NASDAQ:AMAT - Get Free Report) last posted its quarterly earnings data on Thursday, February 12th. The manufacturing equipment provider reported $2.38 earnings per share for the quarter, topping analysts' consensus estimates of $2.21 by $0.17. Applied Materials had a return on equity of 37.52% and a net margin of 27.78%.The company had revenue of $7.01 billion during the quarter, compared to analysts' expectations of $6.88 billion. During the same period last year, the firm earned $2.38 EPS. The firm's revenue for the quarter was down 2.1% on a year-over-year basis. Applied Materials has set its Q2 2026 guidance at 2.440-2.840 EPS. As a group, research analysts expect that Applied Materials, Inc. will post 11.1 earnings per share for the current year.

Applied Materials Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Thursday, May 21st will be given a dividend of $0.53 per share. 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, May 21st. This is a positive change from Applied Materials's previous quarterly dividend of $0.46. Applied Materials's payout ratio is 18.83%.

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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