New Age Alpha Advisors LLC Makes New $808,000 Investment in Applied Materials, Inc. $AMAT

Key Points

• New Age Alpha Advisors opened a new position in Applied Materials, buying 3,146 shares valued at about $808,000 in the fourth quarter.
• Applied Materials reported strong fiscal Q2 results, with EPS of $2.86 and revenue of $7.91 billion, both ahead of analyst estimates and up year over year.
• The company raised its Q3 revenue outlook to about $8.95 billion and increased its quarterly dividend to $0.53 per share, while analysts remain broadly bullish with a consensus Moderate Buy rating.

New Age Alpha Advisors LLC purchased a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 3,146 shares of the manufacturing equipment provider's stock, valued at approximately $808,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Highline Wealth Partners LLC increased its holdings in shares of Applied Materials by 48.7% in the fourth quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider's stock worth $30,000 after buying an additional 38 shares during the period. Joseph Group Capital Management purchased a new position in shares of Applied Materials in the fourth quarter worth about $31,000. Redmont Wealth Advisors LLC purchased a new position in shares of Applied Materials in the third quarter worth about $26,000. Dogwood Wealth Management LLC increased its holdings in shares of Applied Materials by 52.4% in the fourth quarter. Dogwood Wealth Management LLC now owns 128 shares of the manufacturing equipment provider's stock worth $33,000 after buying an additional 44 shares during the period. Finally, IMG Wealth Management Inc. increased its holdings in shares of Applied Materials by 147.2% in the fourth quarter. IMG Wealth Management Inc. now owns 131 shares of the manufacturing equipment provider's stock worth $34,000 after buying an additional 78 shares during the period. Institutional investors own 80.56% of the company's stock.

More Applied Materials News

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

• Positive Sentiment: Applied Materials reported strong fiscal Q2 results, with revenue of $7.91 billion and EPS of $2.86, both ahead of estimates, which supports the case for continued fundamental strength. Applied Materials (AMAT) Is Up 11.8% After Raising Q3 Outlook And Expanding AI Packaging Alliance
• Positive Sentiment: The company raised Q3 2026 revenue guidance to about $8.95 billion, signaling management sees healthy demand in semiconductor equipment and AI-related spending. Applied Materials (AMAT) Is Up 11.8% After Raising Q3 Outlook And Expanding AI Packaging Alliance
• Positive Sentiment: Applied Materials expanded its AI packaging ecosystem by partnering with Broadcom and SCREEN Semiconductor Solutions, a development that could strengthen its position in next-generation chip packaging and advanced wafer cleaning. Applied Materials, Inc. (AMAT) Partners with Broadcom on Advanced Chip Packaging Technologies for AI Systems
• Positive Sentiment: The SCREEN partnership at the EPIC Center adds another innovation collaborator, which may improve chip yields and accelerate commercialization of advanced-node technologies. Applied Materials Partners with SCREEN To Bring Advanced Wafer Cleaning Technologies to EPIC Center
• Neutral Sentiment: CAO Adam Sanders sold 268 shares in a small insider transaction, which appears too minor to materially change the investment case. Applied Materials NASDAQ: AMAT CAO Sells $116,370.96 in Stock
• Negative Sentiment: A market commentary on momentum stocks warned that extended winners can pull back, which may be contributing to some caution around AMAT after its strong run. Intel, AMD, and Other Momentum Stocks Look Unstoppable. Look Again.

Applied Materials Stock Down 1.5%

Shares of NASDAQ:AMAT opened at $448.25 on Thursday. Applied Materials, Inc. has a 1 year low of $153.47 and a 1 year high of $462.40. The company has a market cap of $355.89 billion, a PE ratio of 42.09, a P/E/G ratio of 1.27 and a beta of 1.66. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.51 and a quick ratio of 1.80. The stock's 50-day moving average is $393.29 and its 200 day moving average is $331.12.

Applied Materials (NASDAQ:AMAT - Get Free Report) last announced its quarterly earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.68 by $0.18. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The company had revenue of $7.91 billion for the quarter, compared to the consensus estimate of $7.68 billion. During the same quarter in the previous year, the business earned $2.39 EPS. Applied Materials's revenue was up 11.4% compared to the same quarter last year. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Sell-side analysts anticipate that Applied Materials, Inc. will post 12.02 EPS for the current 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 issued a dividend of $0.53 per share. The ex-dividend date is Thursday, May 21st. This represents a $2.12 dividend on an annualized basis and a yield of 0.5%. This is a boost from Applied Materials's previous quarterly dividend of $0.46. Applied Materials's dividend payout ratio (DPR) is presently 19.91%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on AMAT shares. Morgan Stanley reiterated an "equal weight" rating and issued a $502.00 price objective (up from $454.00) on shares of Applied Materials in a report on Friday, May 15th. KGI Securities upgraded Applied Materials to an "outperform" rating and set a $425.00 price objective on the stock in a report on Friday, February 13th. Argus lifted their price objective on Applied Materials from $420.00 to $500.00 and gave the stock a "buy" rating in a report on Tuesday, May 19th. TD Cowen lifted their price objective on Applied Materials from $450.00 to $525.00 and gave the stock a "buy" rating in a report on Friday, May 15th. Finally, Barclays lifted their price objective on Applied Materials from $450.00 to $500.00 and gave the stock an "overweight" rating in a report on Friday, May 15th. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $466.52.

Insider Transactions at Applied Materials

In related news, CAO Adam Sanders sold 268 shares of the business's stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $434.22, for a total transaction of $116,370.96. Following the transaction, the chief accounting officer owned 4,280 shares in the company, valued at $1,858,461.60. The trade was a 5.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.30% of the stock is currently owned by corporate insiders.

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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