Pure Financial Advisors LLC Takes Position in Applied Materials, Inc. $AMAT

Pure Financial Advisors LLC acquired a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 4,587 shares of the manufacturing equipment provider's stock, valued at approximately $3,316,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Caldwell Investment Management Ltd. acquired a new position in shares of Applied Materials during the 2nd quarter worth $1,589,000. Ausdal Financial Partners Inc. acquired a new stake in shares of Applied Materials in the 2nd quarter valued at $4,005,000. Evolve Private Wealth LLC boosted its holdings in Applied Materials by 59.0% in the first quarter. Evolve Private Wealth LLC now owns 2,875 shares of the manufacturing equipment provider's stock worth $983,000 after purchasing an additional 1,067 shares in the last quarter. WealthPlan Investment Management LLC bought a new stake in Applied Materials in the fourth quarter worth $1,082,000. Finally, Ameritas Advisory Services LLC raised its holdings in Applied Materials by 183.7% during the fourth quarter. Ameritas Advisory Services LLC now owns 3,073 shares of the manufacturing equipment provider's stock valued at $790,000 after buying an additional 1,990 shares in the last quarter. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Royal Bank Of Canada upped their price target on Applied Materials from $520.00 to $600.00 and gave the stock an "outperform" rating in a research note on Friday, August 14th. Morgan Stanley cut their price objective on Applied Materials from $646.00 to $642.00 and set an "equal weight" rating on the stock in a research note on Friday, August 14th. JPMorgan Chase & Co. boosted their target price on Applied Materials from $515.00 to $660.00 and gave the stock an "overweight" rating in a report on Friday, August 14th. Jefferies Financial Group upped their target price on Applied Materials from $510.00 to $770.00 and gave the stock a "buy" rating in a research report on Friday, June 26th. Finally, B. Riley Financial reiterated a "buy" rating and set a $700.00 price target (down from $790.00) on shares of Applied Materials in a report on Friday, August 14th. One 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. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $657.76.

Applied Materials Stock Down 4.3%

AMAT opened at $461.67 on Friday. Applied Materials, Inc. has a 1-year low of $154.46 and a 1-year high of $739.67. The company has a current ratio of 2.42, a quick ratio of 1.79 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $366.38 billion, a price-to-earnings ratio of 39.80, a P/E/G ratio of 1.03 and a beta of 1.61. The business has a 50 day moving average of $550.80 and a 200-day moving average of $456.77.

Applied Materials (NASDAQ:AMAT - Get Free Report) last announced its earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.40 by $0.10. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The business had revenue of $9.12 billion for the quarter, compared to analyst estimates of $8.99 billion. During the same quarter in the previous year, the firm 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. As a group, sell-side analysts anticipate that Applied Materials, Inc. will post 12.73 earnings per share for the current year.

Applied Materials Dividend Announcement

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

Insider Buying and Selling at Applied Materials

In related news, SVP Omkaram Nalamasu sold 24,263 shares of the business's 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 transaction, the senior vice president directly owned 146,916 shares in the company, valued at $87,184,361.88. The trade was a 14.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Timothy M. Deane sold 8,621 shares of the company's stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $590.76, for a total value of $5,092,941.96. Following the completion of the transaction, the senior vice president directly owned 134,631 shares of the company's stock, valued at approximately $79,534,609.56. This trade represents a 6.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 284,192 shares of company stock valued at $172,625,209 in the last three months. Company insiders own 0.30% of the company's stock.

Key Headlines Impacting Applied Materials

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

• Positive Sentiment: Semiconductor and AI demand remains strong: Recent coverage highlights Applied Materials’ $9.12 billion third-quarter revenue, up 25% year over year, and non-GAAP EPS of $3.50, up 41%. Management cited record demand visibility from AI infrastructure, more than 10 new fab projects during the quarter and fourth-quarter revenue guidance of $10.25 billion. The company is also continuing share repurchases and investing $5 billion in its EPIC Center to accelerate semiconductor innovation. The AI Buildout Is Turning Applied Materials Into A Profit Machine
• Positive Sentiment: New board member adds semiconductor expertise: AMAT appointed Akash Palkhiwala, Qualcomm’s CFO and COO, to its board and Audit Committee. His finance, operations and industry experience could strengthen oversight as Applied Materials pursues growth tied to advanced logic, memory and AI chip production. Applied Materials Appoints Akash Palkhiwala to Board of Directors
• Neutral Sentiment: Options market signals elevated uncertainty: A new analysis says options pricing for roughly one year ahead implies a particularly wide potential trading range, extending materially below and above the current level. That suggests investors should expect significant volatility rather than providing a clear directional signal. How Far Applied Materials Stock Can Move In A Year
• Negative Sentiment: CFO share sale may weigh modestly on sentiment: CFO Brice Hill sold 7,500 AMAT shares for approximately $3.6 million, reducing his direct holdings by 5.51%. The sale does not alter the company’s operating outlook, but insider selling can create a limited short-term sentiment overhang. SEC Insider Transaction Filing

About Applied Materials

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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