Corps Capital Advisors LLC Invests $537,000 in Applied Materials, Inc. $AMAT

Key Points

• Corps Capital Advisors LLC opened a new position in Applied Materials, buying 2,089 shares valued at about $537,000 in the fourth quarter.
• Applied Materials continues to attract institutional interest, with several hedge funds increasing stakes and about 80.56% of the stock now owned by institutional investors.
• The company’s latest results and outlook were strong: it beat quarterly EPS and revenue estimates, and analysts have been raising price targets while maintaining mostly Buy/Overweight ratings.

Corps Capital Advisors LLC purchased a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 2,089 shares of the manufacturing equipment provider's stock, valued at approximately $537,000.

A number of other hedge funds and other institutional investors have also modified their holdings of AMAT. Brighton Jones LLC grew its holdings in shares of Applied Materials by 28.0% during the fourth 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 in the last quarter. Sivia Capital Partners LLC grew its holdings in shares of Applied Materials by 26.7% during the second quarter. Sivia Capital Partners LLC now owns 3,225 shares of the manufacturing equipment provider's stock worth $590,000 after buying an additional 679 shares in the last quarter. Forefront Wealth Partners LLC purchased a new stake in shares of Applied Materials during the second quarter worth about $410,000. Schnieders Capital Management LLC. boosted its position in shares of 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 during the last quarter. Finally, Sei Investments Co. boosted its position in shares of Applied Materials by 59.3% in the second quarter. Sei Investments Co. now owns 422,694 shares of the manufacturing equipment provider's stock worth $77,383,000 after acquiring an additional 157,426 shares during the last quarter. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

Applied Materials News Roundup

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

• Positive Sentiment: Barclays reiterated an Overweight rating on Applied Materials, saying investment in new chip supply remains strong and supporting the stock’s bullish momentum. Applied Materials and KLA Are Surging. Why You Should Buy the Stocks, Says This Analyst.
• Positive Sentiment: Erste Group Bank raised its earnings estimates for Applied Materials, lifting FY2026 EPS forecast to $12.20 and FY2027 to $16.29, while keeping a Buy rating. Applied Materials estimate revision
• Positive Sentiment: Several recent articles highlighted Applied Materials as a top momentum and AI-beneficiary stock, with commentary pointing to strong May performance, heavy hedge fund ownership, and broad analyst support. Is Applied Materials (AMAT) A Good Stock to Buy Now?
• Positive Sentiment: Investor attention is also being fueled by a recent 52-week-high move and reports of continued rotation into chip equipment stocks, reinforcing the view that AMAT remains a favored AI infrastructure name. Why Did AMAT, AMPG, OSCR Stocks Surge To 52-Week Highs Today?
• Neutral Sentiment: Other coverage today was largely repeated “great momentum stock” and “attracting investor attention” pieces, reflecting strong market interest rather than a new company-specific catalyst. Applied Materials (AMAT) is a Great Momentum Stock: Should You Buy?

Insider Buying and Selling at Applied Materials

In other Applied Materials news, CFO Brice Hill sold 2,500 shares of Applied Materials stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $498.86, for a total transaction of $1,247,150.00. Following the transaction, the chief financial officer directly owned 136,113 shares of the company's stock, valued at $67,901,331.18. The trade was a 1.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CAO Adam Sanders sold 268 shares of Applied Materials stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $434.22, for a total transaction of $116,370.96. Following the transaction, the chief accounting officer directly owned 4,280 shares in the company, valued at approximately $1,858,461.60. This trade represents a 5.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 53,896 shares of company stock valued at $27,135,121. 0.30% of the stock is currently owned by corporate insiders.

Applied Materials Trading Up 2.6%

Shares of AMAT stock opened at $567.25 on Friday. The stock has a market cap of $450.37 billion, a price-to-earnings ratio of 53.26, a price-to-earnings-growth ratio of 1.54 and a beta of 1.67. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22. Applied Materials, Inc. has a fifty-two week low of $154.46 and a fifty-two week high of $569.95. The firm's 50 day moving average price is $427.22 and its two-hundred day moving average price is $352.62.

Applied Materials (NASDAQ:AMAT - Get Free Report) last announced its quarterly earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, beating analysts' consensus estimates of $2.68 by $0.18. The firm had revenue of $7.91 billion for 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 revenue was up 11.4% compared to the same quarter last year. During the same period in the previous year, the company posted $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. On average, analysts anticipate that Applied Materials, Inc. will post 12.1 EPS for the current year.

Applied Materials Announces Dividend

The firm also recently declared 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. 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 19.91%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on AMAT shares. Needham & Company LLC raised their target price on shares of Applied Materials from $440.00 to $530.00 and gave the stock a "buy" rating in a research report on Friday, May 15th. Wells Fargo & Company raised their target price on shares of Applied Materials from $435.00 to $520.00 and gave the stock an "overweight" rating in a research report on Friday, May 15th. Argus raised their target price on shares of Applied Materials from $420.00 to $500.00 and gave the stock a "buy" rating in a research report on Tuesday, May 19th. KeyCorp raised their target price on shares of Applied Materials from $450.00 to $550.00 and gave the stock an "overweight" rating in a research report on Friday, May 15th. Finally, HSBC started coverage on shares of Applied Materials in a research report on Friday, May 8th. They issued a "buy" rating and a $517.00 target price on the stock. Twenty-seven research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $483.03.

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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