Evergreen Capital Management LLC Raises Stock Holdings in Applied Materials, Inc. $AMAT

Key Points

• Evergreen Capital Management LLC increased its stake in Applied Materials by 41.4%, adding 6,165 shares to hold 21,057 shares worth about $5.41 million, according to its SEC filing.
• Applied Materials beat Q1 estimates with $2.38 EPS and $7.01 billion in revenue, set Q2 guidance of 2.440–2.840 EPS, and raised its quarterly dividend to $0.53 from $0.46.
• Several analysts have raised targets (e.g., Susquehanna to $500, Barclays to $450), leaving a MarketBeat consensus of Moderate Buy with an average price target of $368.29 as the stock trades near its 12‑month high.

Evergreen Capital Management LLC raised its stake in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 41.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,057 shares of the manufacturing equipment provider's stock after purchasing an additional 6,165 shares during the period. Evergreen Capital Management LLC's holdings in Applied Materials were worth $5,411,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Marquette Asset Management LLC boosted its holdings in shares of Applied Materials by 150.0% in the 3rd quarter. Marquette Asset Management LLC now owns 125 shares of the manufacturing equipment provider's stock valued at $26,000 after buying an additional 75 shares in the last quarter. Redmont Wealth Advisors LLC purchased a new position in shares of Applied Materials in the 3rd quarter worth approximately $26,000. Highline Wealth Partners LLC raised its stake in shares of Applied Materials by 48.7% during the 4th quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider's stock worth $30,000 after acquiring an additional 38 shares in the last quarter. Manning & Napier Advisors LLC purchased a new stake in Applied Materials during the third quarter valued at approximately $31,000. Finally, Guerra Advisors Inc purchased a new stake in Applied Materials during the third quarter valued at approximately $35,000. 80.56% of the stock is currently owned by institutional investors.

Applied Materials Price Performance

Shares of NASDAQ:AMAT opened at $394.33 on Wednesday. Applied Materials, Inc. has a twelve month low of $136.32 and a twelve month high of $407.29. 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 company has a market cap of $312.94 billion, a PE ratio of 40.36, a price-to-earnings-growth ratio of 1.75 and a beta of 1.64. The company's 50 day moving average is $362.41 and its 200 day moving average is $298.25.

Applied Materials (NASDAQ:AMAT - Get Free Report) last announced its quarterly earnings data on Thursday, February 12th. The manufacturing equipment provider reported $2.38 EPS for the quarter, beating the consensus estimate of $2.21 by $0.17. The business had revenue of $7.01 billion during the quarter, compared to analysts' expectations of $6.88 billion. Applied Materials had a net margin of 27.78% and a return on equity of 37.52%. The business's quarterly revenue was down 2.1% compared to the same quarter last year. During the same period in the previous year, the business posted $2.38 EPS. Applied Materials has set its Q2 2026 guidance at 2.440-2.840 EPS. On average, sell-side analysts forecast that Applied Materials, Inc. will post 11.1 EPS for the current year.

Applied Materials Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Thursday, May 21st will be given a dividend of $0.53 per share. This is a boost from Applied Materials's previous quarterly dividend of $0.46. This represents a $2.12 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Thursday, May 21st. Applied Materials's payout ratio is presently 18.83%.

Insider Buying and Selling at Applied Materials

In other Applied Materials news, Director Judy Bruner sold 2,500 shares of the stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $391.71, for a total transaction of $979,275.00. Following 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Adam Sanders sold 534 shares of Applied Materials stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $379.16, for a total value of $202,471.44. Following the transaction, the chief accounting officer owned 4,625 shares of the company's stock, valued at $1,753,615. The trade was a 10.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 12,003 shares of company stock valued at $4,484,189. 0.30% of the stock is owned by insiders.

Analyst Ratings Changes

AMAT has been the topic of several analyst reports. Susquehanna lifted their price target on shares of Applied Materials from $435.00 to $500.00 and gave the stock a "positive" rating in a report on Thursday, April 9th. KGI Securities upgraded Applied Materials to an "outperform" rating and set a $425.00 price objective for the company in a report on Friday, February 13th. Erste Group Bank raised Applied Materials to a "hold" rating in a research report on Tuesday, March 24th. Royal Bank Of Canada set a $430.00 target price on Applied Materials in a research note on Friday, February 13th. Finally, Barclays upped their target price on Applied Materials from $360.00 to $450.00 and gave the company an "overweight" rating in a research report on Friday, February 13th. One investment 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's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $368.29.

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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