Lmcg Investments LLC Has $24.32 Million Position in Applied Materials, Inc. $AMAT

Key Points

• Lmcg Investments LLC reduced its stake in Applied Materials by 6.9%, selling 7,037 shares and now holding 94,640 shares worth $24.32 million, about 1.4% of its portfolio and the firm's 16th largest position.
• Applied Materials beat quarterly estimates with $2.38 EPS and $7.01B revenue, set Q2 2026 guidance of $2.44–$2.84 EPS, and raised its quarterly dividend to $0.53 ($2.12 annualized).
• Analyst sentiment has turned more bullish with multiple price‑target increases and 27 Buy vs. 7 Hold ratings, and the company agreed to acquire NEXX to expand AI packaging capabilities, though valuation risk remains given a high P/S (~9.4x).

Lmcg Investments LLC reduced its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 6.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 94,640 shares of the manufacturing equipment provider's stock after selling 7,037 shares during the period. Applied Materials accounts for approximately 1.4% of Lmcg Investments LLC's investment portfolio, making the stock its 16th biggest holding. Lmcg Investments LLC's holdings in Applied Materials were worth $24,322,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Godsey & Gibb Inc. grew its holdings in Applied Materials by 2.6% during the 4th quarter. Godsey & Gibb Inc. now owns 1,298 shares of the manufacturing equipment provider's stock worth $334,000 after acquiring an additional 33 shares during the period. Family Capital Management Inc. grew its holdings in Applied Materials by 0.8% during the 4th quarter. Family Capital Management Inc. now owns 4,227 shares of the manufacturing equipment provider's stock worth $1,086,000 after acquiring an additional 33 shares during the period. Traveka Wealth LLC grew its holdings in Applied Materials by 2.6% during the 4th quarter. Traveka Wealth LLC now owns 1,404 shares of the manufacturing equipment provider's stock worth $361,000 after acquiring an additional 36 shares during the period. Highline Wealth Partners LLC grew its holdings in 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 during the period. Finally, Bartlett & CO. Wealth Management LLC grew its holdings in Applied Materials by 0.9% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 4,096 shares of the manufacturing equipment provider's stock worth $1,053,000 after acquiring an additional 38 shares during the period. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Applied Materials Price Performance

AMAT stock opened at $428.62 on Thursday. The stock has a market capitalization of $340.16 billion, a PE ratio of 43.87, a price-to-earnings-growth ratio of 1.83 and a beta of 1.66. The company's 50-day moving average is $370.45 and its 200-day moving average is $309.88. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.71 and a quick ratio of 1.94. Applied Materials, Inc. has a 1 year low of $151.51 and a 1 year high of $432.81.

Applied Materials (NASDAQ:AMAT - Get Free Report) last released its quarterly earnings data on Thursday, February 12th. The manufacturing equipment provider reported $2.38 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.21 by $0.17. The company had revenue of $7.01 billion for 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 revenue was down 2.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.38 EPS. Applied Materials has set its Q2 2026 guidance at 2.440-2.840 EPS. Equities research analysts expect that Applied Materials, Inc. will post 11.14 EPS for the current fiscal year.

Applied Materials Increases Dividend

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

Analyst Ratings Changes

A number of brokerages have weighed in on AMAT. B. Riley Financial increased their price target on Applied Materials from $450.00 to $485.00 and gave the stock a "buy" rating in a report on Monday, April 13th. Stifel Nicolaus increased their price target on Applied Materials from $340.00 to $450.00 and gave the stock a "buy" rating in a report on Friday, February 13th. DZ Bank upgraded Applied Materials to a "hold" rating in a report on Monday, February 16th. Mizuho increased their price objective on shares of Applied Materials from $370.00 to $410.00 and gave the stock an "outperform" rating in a research report on Friday, February 13th. Finally, Cantor Fitzgerald reissued an "overweight" rating and set a $470.00 price objective on shares of Applied Materials in a research report on Friday, February 13th. Twenty-seven analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, Applied Materials has a consensus rating of "Moderate Buy" and a consensus price target of $370.86.

Insider Activity at Applied Materials

In related news, Director Judy Bruner sold 3,969 shares of the firm's stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $377.02, for a total value of $1,496,392.38. Following the transaction, the director owned 28,589 shares of the company's stock, valued at approximately $10,778,624.78. This trade represents a 12.19% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Brice Hill sold 5,000 shares of the firm's stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $361.21, for a total transaction of $1,806,050.00. Following the completion of the transaction, the chief financial officer directly owned 138,565 shares in the company, valued at approximately $50,051,063.65. The trade was a 3.48% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 12,003 shares of company stock valued at $4,484,189. 0.30% of the stock is owned by corporate insiders.

Key Stories Impacting Applied Materials

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

• Positive Sentiment: Seaport Global initiated coverage with a Buy and a $500 price target, calling Applied the best‑positioned wafer‑equipment supplier — a bullish analyst endorsement that supports higher investor expectations. Seaport Global Initiates a Buy Rating on Applied Materials (AMAT)
• Positive Sentiment: Morgan Stanley raised its rating/price target (overweight; target up to $454), signaling more upside from current levels and reinforcing buy‑side momentum ahead of upcoming results. Morgan Stanley upgrades Applied Materials stock price target pre-earnings
• Positive Sentiment: Applied agreed to acquire NEXX from ASMPT to add panel‑level advanced packaging tools for AI chipmaking — a strategic tuck‑in that expands AMAT’s advanced packaging addressable market without regulatory hurdles. Applied Materials Expands AI Packaging With NEXX Deal As Stock Surges
• Positive Sentiment: Broader semiconductor/AI infrastructure coverage highlights strong capex demand (ETFs and peers outperforming), which supports durable demand for wafer‑fab and packaging equipment — a favorable macro backdrop for AMAT. Semiconductor Leaders SOXX, SMH, and FTXL Are Crushing It on AI Infrastructure Demand
• Positive Sentiment: Analyst coverage and model checks point to a high probability AMAT will continue its earnings‑beat streak, supporting investor confidence ahead of the next report. Will Applied Materials (AMAT) Beat Estimates Again in Its Next Earnings Report?
• Neutral Sentiment: Management is scheduled for investor conferences and fireside chats — positive for transparency and engagement but not an immediate catalyst unless new guidance or targets are disclosed. Applied Materials to Participate in Upcoming Investor Conferences
• Neutral Sentiment: Technical momentum: AMAT recently cleared its 20‑day moving average — a short‑term bullish technical signal that can attract momentum traders. Applied Materials (AMAT) Just Overtook the 20-Day Moving Average
• Negative Sentiment: Valuation risk: commentary notes AMAT trades at a premium P/S multiple (~9.4x), which increases sensitivity to any slowdown in AI capex or missed guidance. Should You Buy, Sell or Hold AMAT Stock at a P/S Valuation of 9.39X?

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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