Robinhood Asset Management LLC Acquires New Holdings in Applied Materials, Inc. $AMAT

Key Points

• Robinhood Asset Management bought 51,023 shares of Applied Materials (~$13.11M) in Q4, making AMAT roughly 1.0% of its holdings and its 21st-largest position, while institutional investors own about 80.56% of the stock.
• Applied Materials beat quarterly estimates (EPS $2.38 vs $2.21; revenue $7.01B vs $6.88B), raised its quarterly dividend to $0.53, provided Q2 EPS guidance of $2.44–$2.84, and has attracted analyst upgrades with a consensus "Moderate Buy" and an average price target near $363.46.

Robinhood Asset Management LLC bought a new stake in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 51,023 shares of the manufacturing equipment provider's stock, valued at approximately $13,113,000. Applied Materials comprises approximately 1.0% of Robinhood Asset Management LLC's holdings, making the stock its 21st biggest holding.

Several other hedge funds also recently bought and sold shares of AMAT. Traveka Wealth LLC raised its stake in shares of Applied Materials by 2.6% in the 4th quarter. Traveka Wealth LLC now owns 1,404 shares of the manufacturing equipment provider's stock valued at $361,000 after acquiring an additional 36 shares during the period. Highline Wealth Partners LLC increased its holdings in Applied Materials by 48.7% in the 4th quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider's stock valued at $30,000 after purchasing an additional 38 shares during the last quarter. EdgeRock Capital LLC raised its position in Applied Materials by 2.5% in the fourth quarter. EdgeRock Capital LLC now owns 1,686 shares of the manufacturing equipment provider's stock valued at $433,000 after purchasing an additional 41 shares during the period. Sagespring Wealth Partners LLC lifted its stake in Applied Materials by 0.5% during the third quarter. Sagespring Wealth Partners LLC now owns 8,340 shares of the manufacturing equipment provider's stock worth $1,707,000 after purchasing an additional 43 shares in the last quarter. Finally, REAP Financial Group LLC boosted its position in shares of Applied Materials by 7.0% during the third quarter. REAP Financial Group LLC now owns 657 shares of the manufacturing equipment provider's stock worth $135,000 after buying an additional 43 shares during the period. Hedge funds and other 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: Cantor Fitzgerald reaffirmed an Overweight rating and raised its price target on AMAT from $470 to $500, increasing implied upside and signaling strong analyst conviction in Applied's role in AI infrastructure spending. Cantor Fitzgerald Reaffirms Overweight Rating for Applied Materials (AMAT)
• Positive Sentiment: Business press pieces name AMAT among top AI-related chip/infra winners (a "forget NVIDIA" theme), highlighting accelerating demand for AI fabs and equipment that benefits wafer-fab suppliers like Applied. This reinforces momentum and buy-side interest. Forget NVIDIA: 2 AI Stocks Poised to Be Next Big Winners
• Positive Sentiment: Zacks coverage and analyst-blog callouts are placing AMAT alongside other WFE (wafer fab equipment) names as direct beneficiaries of AI-driven capex, echoing the thesis that "pick-and-shovel" suppliers will see sustained order momentum. Forget NVIDIA: 2 AI Stocks Poised to Be Next Big Winners (Zacks)
• Neutral Sentiment: Zacks also notes heightened investor attention on AMAT (pageview/interest-driven coverage), which can amplify short-term flows but doesn't by itself change fundamentals. Applied Materials, Inc. (AMAT) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Broader industry write-ups on Lam Research and ASML show strong WFE trends and peer strength; these validate the sector thesis that benefits AMAT but are not company-specific catalysts. AI Boom Aids LRCX's Systems Revenue Growth: Can the Momentum Continue? ASML Holding Rises 23.1% YTD: Time to Buy, Sell or Hold the Stock?

Applied Materials Stock Performance

Shares of AMAT stock opened at $352.62 on Tuesday. The company has a market cap of $279.84 billion, a P/E ratio of 36.09, a PEG ratio of 1.55 and a beta of 1.64. The firm has a fifty day moving average price of $347.78 and a 200 day moving average price of $283.95. The company has a current ratio of 2.71, a quick ratio of 1.94 and a debt-to-equity ratio of 0.30. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $395.95.

Applied Materials (NASDAQ:AMAT - Get Free Report) last announced its quarterly earnings results 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 during the quarter, compared to the consensus estimate of $6.88 billion. Applied Materials had a return on equity of 37.52% and a net margin of 27.78%.Applied Materials's revenue for the quarter was down 2.1% on a year-over-year basis. During the same period in the previous year, the business earned $2.38 EPS. Applied Materials has set its Q2 2026 guidance at 2.440-2.840 EPS. Sell-side analysts predict that Applied Materials, Inc. will post 9.38 earnings per share 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 issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 0.6%. This is a positive change from Applied Materials's previous quarterly dividend of $0.46. The ex-dividend date of this dividend is Thursday, May 21st. Applied Materials's dividend payout ratio is currently 18.83%.

Insider Activity at Applied Materials

In other news, Director Judy Bruner sold 3,969 shares of the business's stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $377.02, for a total transaction of $1,496,392.38. Following the completion of the sale, the director owned 28,589 shares in the company, valued at approximately $10,778,624.78. The trade was a 12.19% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Adam Sanders sold 534 shares of the company's stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $379.16, for a total transaction of $202,471.44. Following the completion of the transaction, the chief accounting officer owned 4,625 shares of the company's stock, valued at approximately $1,753,615. The trade was a 10.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 12,003 shares of company stock valued at $4,484,189 over the last three months. 0.30% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Cantor Fitzgerald reiterated an "overweight" rating and issued a $470.00 price objective on shares of Applied Materials in a report on Friday, February 13th. Mizuho raised their target price on Applied Materials from $370.00 to $410.00 and gave the company an "outperform" rating in a report on Friday, February 13th. Stifel Nicolaus boosted their price target on shares of Applied Materials from $340.00 to $450.00 and gave the stock a "buy" rating in a research note on Friday, February 13th. Zacks Research raised shares of Applied Materials from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, February 17th. Finally, Erste Group Bank raised shares of Applied Materials to a "hold" rating in a research note on Tuesday, March 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, Applied Materials has a consensus rating of "Moderate Buy" and an average price target of $363.46.

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.

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