International Assets Investment Management LLC Buys 147,304 Shares of Applied Materials, Inc. $AMAT

Key Points

• International Assets Investment Management LLC increased its Applied Materials stake by 5,463.8% in the third quarter, purchasing 147,304 additional shares for a total holding of 150,000 shares valued at approximately $76.7 million.
• Applied Materials reported quarterly revenue of $9.12 billion and EPS of $3.50, exceeding analyst expectations, while revenue grew 24.8% year over year. The company issued fourth-quarter EPS guidance of $3.82–$4.22.
• Analysts maintain a broadly positive outlook, with a consensus “Moderate Buy” rating and a $632.70 price target, though concerns remain about valuation and slower, less consistent growth compared with Taiwan Semiconductor Manufacturing.

International Assets Investment Management LLC raised its stake in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 5,463.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 150,000 shares of the manufacturing equipment provider's stock after buying an additional 147,304 shares during the period. Applied Materials makes up approximately 0.6% of International Assets Investment Management LLC's holdings, making the stock its 29th largest holding. International Assets Investment Management LLC's holdings in Applied Materials were worth $76,707,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in AMAT. JFS Wealth Advisors LLC boosted its stake in shares of Applied Materials by 4.3% during the 2nd quarter. JFS Wealth Advisors LLC now owns 409 shares of the manufacturing equipment provider's stock worth $296,000 after acquiring an additional 17 shares in the last quarter. Innovative Asset Advisors Group LLC grew its holdings in shares of Applied Materials by 2.1% in the 2nd quarter. Innovative Asset Advisors Group LLC now owns 961 shares of the manufacturing equipment provider's stock worth $695,000 after acquiring an additional 20 shares during the period. Stonebridge Financial Group LLC increased its stake in Applied Materials by 2.1% in the 2nd quarter. Stonebridge Financial Group LLC now owns 1,003 shares of the manufacturing equipment provider's stock valued at $725,000 after purchasing an additional 21 shares in the last quarter. N.E.W. Advisory Services LLC increased its stake in Applied Materials by 5.9% in the 2nd quarter. N.E.W. Advisory Services LLC now owns 377 shares of the manufacturing equipment provider's stock valued at $273,000 after purchasing an additional 21 shares in the last quarter. Finally, IMG Wealth Management Inc. increased its stake in Applied Materials by 13.0% in the 2nd quarter. IMG Wealth Management Inc. now owns 183 shares of the manufacturing equipment provider's stock valued at $132,000 after purchasing an additional 21 shares in the last quarter. 80.56% of the stock is owned by hedge funds and other institutional investors.

Key Applied Materials News

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

• Positive Sentiment: Applied Materials’ planned move to raise its Besi stake to 20% is strengthening its exposure to hybrid bonding, a packaging technology that could benefit from rising AI-chip complexity. TIKR describes a bullish long-term scenario, with a potential price target of approximately $806 versus a roughly $628 Wall Street target. Applied Materials hybrid bonding analysis
• Positive Sentiment: Recent coverage highlights a quarter with 51% growth and argues that AMAT trades at about 23 times forward earnings, a valuation that may look reasonable if AI-related semiconductor-equipment demand remains strong. The company also recently exceeded earnings and revenue estimates and issued fourth-quarter EPS guidance of $3.82–$4.22. Applied Materials growth and valuation analysis
• Neutral Sentiment: AMAT is attracting unusually high investor attention, but the Zacks reports primarily review the company’s prospects rather than identify a new fundamental catalyst. Zacks Applied Materials investor attention report
• Negative Sentiment: Compared with Taiwan Semiconductor Manufacturing, Applied Materials has shown a flatter revenue trajectory and less consistent quarter-over-quarter growth. That comparison may reinforce concerns that AMAT’s elevated valuation already discounts substantial AI-driven demand. Applied Materials versus Taiwan Semiconductor Manufacturing

Applied Materials Price Performance

AMAT stock opened at $390.09 on Friday. The stock's 50 day moving average price is $457.66 and its 200 day moving average price is $443.63. The firm has a market cap of $309.58 billion, a P/E ratio of 33.63, a PEG ratio of 1.17 and a beta of 1.60. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.79 and a current ratio of 2.42. Applied Materials, Inc. has a 1 year low of $203.40 and a 1 year high of $739.67.

Applied Materials (NASDAQ:AMAT - Get Free Report) last released its quarterly earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share 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 company had revenue of $9.12 billion during the quarter, compared to the consensus estimate of $8.99 billion. During the same quarter last year, the business posted $2.48 earnings per share. Applied Materials's revenue was up 24.8% compared to the same quarter last year. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. On average, sell-side analysts expect that Applied Materials, Inc. will post 12.79 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Thursday, November 19th will be paid a dividend of $0.53 per share. The ex-dividend date of this dividend is Thursday, November 19th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.5%. Applied Materials's dividend payout ratio (DPR) is presently 18.28%.

Analyst Upgrades and Downgrades

A number of research firms have commented on AMAT. Bank of America decreased their target price on Applied Materials from $720.00 to $650.00 and set a "buy" rating on the stock in a research report on Friday, August 14th. Cantor Fitzgerald reissued an "overweight" rating on shares of Applied Materials in a report on Tuesday, October 20th. UBS Group raised their price target on Applied Materials from $675.00 to $695.00 and gave the company a "buy" rating in a research report on Tuesday, September 1st. Stifel Nicolaus lifted their price target on Applied Materials from $530.00 to $650.00 and gave the stock a "buy" rating in a research note on Friday, July 10th. Finally, TD Cowen reiterated a "buy" rating and issued a $700.00 price objective on shares of Applied Materials in a research report on Friday, August 14th. Thirty equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $632.70.

Insider Buying and Selling

In related news, CAO Adam Sanders sold 725 shares of the business's stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $544.56, for a total value of $394,806.00. Following the completion of the transaction, the chief accounting officer owned 3,181 shares of the company's stock, valued at approximately $1,732,245.36. The trade was a 18.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Brice Hill sold 7,500 shares of the company's stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $479.25, for a total transaction of $3,594,375.00. Following the completion of the transaction, the chief financial officer owned 128,613 shares in the company, valued at approximately $61,637,780.25. This trade represents a 5.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 9,225 shares of company stock worth $4,454,181. 0.30% of the stock is owned by corporate insiders.

Applied Materials Profile

Applied Materials, Inc is a technology company that supplies equipment, services and software used to manufacture semiconductors and advanced displays. Its products help customers fabricate the integrated circuits and other components used in computers, mobile devices, data centers, automobiles and a range of connected technologies.

The company's offerings include systems for materials engineering, wafer fabrication, inspection and process control, along with equipment and services designed to improve manufacturing productivity and yield.

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