Dockside LLC Purchases Shares of 4,341 Applied Materials, Inc. $AMAT

Key Points

• Dockside LLC opened a new position in Applied Materials, buying 4,341 shares valued at about $1.116 million in the fourth quarter.
• Applied Materials posted strong quarterly results, with EPS of $2.86 beating estimates and revenue of $7.91 billion topping expectations, while revenue rose 11.4% year over year.
• Analyst sentiment remains constructive: several firms raised price targets or reiterated bullish ratings, and the stock is being supported by strong momentum tied to AI and chip-equipment demand.

Dockside LLC purchased a new stake in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,341 shares of the manufacturing equipment provider's stock, valued at approximately $1,116,000.

Several other hedge funds also recently added to or reduced their stakes in AMAT. Redmont Wealth Advisors LLC purchased a new position in Applied Materials in the third quarter valued at approximately $26,000. Wilkerson Advisory Group LLC purchased a new position in Applied Materials in the fourth quarter valued at approximately $26,000. Highline Wealth Partners LLC increased its stake in 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 purchasing an additional 38 shares during the last quarter. Joseph Group Capital Management purchased a new position in Applied Materials in the fourth quarter valued at approximately $31,000. Finally, Dogwood Wealth Management LLC increased its stake in Applied Materials by 52.4% in the fourth quarter. Dogwood Wealth Management LLC now owns 128 shares of the manufacturing equipment provider's stock valued at $33,000 after purchasing an additional 44 shares during the last quarter. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

Applied Materials Stock Performance

Shares of AMAT opened at $567.25 on Monday. The company has a current ratio of 2.51, a quick ratio of 1.80 and a debt-to-equity ratio of 0.22. The firm has a market cap of $450.37 billion, a PE ratio of 53.26, a price-to-earnings-growth ratio of 1.58 and a beta of 1.67. The company's 50 day simple moving average is $427.22 and its 200-day simple moving average is $353.48. Applied Materials, Inc. has a 12-month low of $154.46 and a 12-month high of $569.95.

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

Applied Materials Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be issued a dividend of $0.53 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.12 annualized dividend and a dividend yield of 0.4%. Applied Materials's dividend payout ratio (DPR) is currently 19.91%.

Key Stories Impacting Applied Materials

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

In related news, Director Judy Bruner sold 1,128 shares of the stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $450.00, for a total transaction of $507,600.00. Following the completion of the sale, the director directly owned 26,544 shares of the company's stock, valued at $11,944,800. This trade represents a 4.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Brice Hill sold 2,500 shares of the stock in a transaction on 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 sale, the chief financial officer directly owned 136,113 shares of the company's stock, valued at approximately $67,901,331.18. This represents a 1.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 53,896 shares of company stock valued at $27,135,121 in the last ninety days. Company insiders own 0.30% of the company's stock.

Analyst Ratings Changes

Several equities analysts have commented on AMAT shares. Susquehanna increased their price target on shares of Applied Materials from $435.00 to $500.00 and gave the company a "positive" rating in a research note on Thursday, April 9th. TD Cowen raised their target price on shares of Applied Materials from $450.00 to $525.00 and gave the stock a "buy" rating in a research report on Friday, May 15th. Stifel Nicolaus set a $530.00 target price on shares of Applied Materials in a research report on Friday, May 15th. Morgan Stanley restated an "equal weight" rating and set a $502.00 target price (up from $454.00) on shares of Applied Materials in a research report on Friday, May 15th. Finally, Raymond James Financial set a $650.00 target price on shares of Applied Materials in a research report on Wednesday. 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, the company currently has an average rating of "Moderate Buy" and an average price target of $483.03.

Applied Materials Company 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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