Ironvine Capital Partners LLC Sells 5,727 Shares of Applied Materials, Inc. $AMAT

Ironvine Capital Partners LLC lowered its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 14.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 33,703 shares of the manufacturing equipment provider's stock after selling 5,727 shares during the quarter. Applied Materials comprises 2.1% of Ironvine Capital Partners LLC's portfolio, making the stock its 21st largest position. Ironvine Capital Partners LLC's holdings in Applied Materials were worth $24,367,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Harborfront Financial Group LLC bought a new stake in Applied Materials during the 2nd quarter valued at approximately $27,000. Orion Capital Management LLC bought a new position in shares of Applied Materials in the 2nd quarter worth approximately $33,000. BOK Financial Private Wealth Inc. bought a new position in shares of Applied Materials in the 2nd quarter worth approximately $41,000. Financial Freedom LLC purchased a new position in shares of Applied Materials in the 1st quarter valued at approximately $28,000. Finally, Elevation Wealth Partners LLC lifted its stake in shares of Applied Materials by 34.8% in the 2nd quarter. Elevation Wealth Partners LLC now owns 93 shares of the manufacturing equipment provider's stock valued at $67,000 after purchasing an additional 24 shares during the period. 80.56% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Applied Materials news, Director Thomas J. Iannotti sold 9,250 shares of the firm's stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $599.77, for a total transaction of $5,547,872.50. Following the completion of the sale, the director directly owned 40,559 shares in the company, valued at approximately $24,326,071.43. This trade represents a 18.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Omkaram Nalamasu sold 24,263 shares of Applied Materials stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $593.43, for a total transaction of $14,398,392.09. Following the completion of the transaction, the senior vice president directly owned 146,916 shares of the company's stock, valued at $87,184,361.88. This trade represents a 14.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 281,692 shares of company stock worth $171,378,059 over the last quarter. 0.30% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities research analysts recently weighed in on AMAT shares. Craig Hallum upped their price target on Applied Materials from $530.00 to $585.00 and gave the stock a "buy" rating in a research note on Friday, August 14th. Wolfe Research raised their price objective on Applied Materials from $500.00 to $550.00 and gave the company an "outperform" rating in a research report on Friday, May 15th. Erste Group Bank cut shares of Applied Materials from a "buy" rating to a "hold" rating in a report on Wednesday, August 5th. Morgan Stanley reduced their target price on shares of Applied Materials from $646.00 to $642.00 and set an "equal weight" rating on the stock in a research report on Friday, August 14th. Finally, Argus set a $600.00 price target on shares of Applied Materials in a research note on Tuesday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Applied Materials currently has a consensus rating of "Moderate Buy" and an average price target of $658.45.

Applied Materials News Summary

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

• Positive Sentiment: UBS raised its price target to $695 and maintained a Buy rating, implying substantial potential upside from recent trading levels. The upgrade reflects continued confidence in Applied Materials’ semiconductor-equipment business. Tickerreport.com article
• Positive Sentiment: Erste Group lifted its FY2027 earnings-per-share forecast to $18.56 from $17.13. Although the firm retained a Hold rating, the higher estimate suggests improving expectations for long-term demand and profitability.
• Neutral Sentiment: Analysts continue to describe Applied Materials’ longer-term prospects favorably, with the company viewed as a beneficiary of semiconductor and artificial-intelligence infrastructure investment. Comparisons with Corning also highlight AMAT’s exposure to the chip-manufacturing equipment side of the AI supply chain. Corning versus Applied Materials article
• Negative Sentiment: Higher oil prices and a global bond selloff pushed the 10-year Treasury yield toward 4.79%. Rising yields increase corporate financing costs and reduce the present value of future earnings, creating pressure on higher-valuation technology and semiconductor stocks. Semiconductor stocks trade down article
• Negative Sentiment: Semiconductor stocks broadly declined as investors reassessed expensive growth stocks in response to the jump in long-term interest rates. Applied Materials’ elevated valuation and relatively high market sensitivity make it vulnerable to this risk-off rotation. Semiconductor stocks slide article

Applied Materials Stock Down 3.6%

AMAT stock opened at $441.85 on Wednesday. The business has a 50 day moving average of $544.29 and a 200 day moving average of $459.28. The firm has a market cap of $350.65 billion, a PE ratio of 38.09, a price-to-earnings-growth ratio of 1.28 and a beta of 1.60. Applied Materials, Inc. has a twelve month low of $154.46 and a twelve month high of $739.67. The company has a quick ratio of 1.79, a current ratio of 2.42 and a debt-to-equity ratio of 0.20.

Applied Materials (NASDAQ:AMAT - Get Free Report) last released its earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 EPS 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 business had revenue of $9.12 billion for the quarter, compared to the consensus estimate of $8.99 billion. During the same period in the previous year, the company posted $2.48 earnings per share. The company's revenue for the quarter 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, research analysts forecast that Applied Materials, Inc. will post 12.76 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be given a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, August 20th. Applied Materials's payout ratio is currently 18.28%.

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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