Silvant Capital Management LLC Purchases 13,360 Shares of Applied Materials, Inc. $AMAT

Key Points

• Silvant Capital Management increased its Applied Materials stake by 72.9% in the second quarter, purchasing 13,360 shares and ending the period with 31,699 shares valued at approximately $22.9 million.
• Applied Materials reported quarterly revenue of $9.12 billion and EPS of $3.50, exceeding analyst estimates, while revenue increased 24.8% year over year. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $659.83.
• The company declared a quarterly dividend of $0.53 per share, equivalent to an annualized $2.12 payout and a 0.4% yield. Institutional investors own approximately 80.56% of the stock, while insiders have recently sold shares.

Silvant Capital Management LLC lifted its position in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 72.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,699 shares of the manufacturing equipment provider's stock after buying an additional 13,360 shares during the period. Applied Materials makes up about 0.7% of Silvant Capital Management LLC's investment portfolio, making the stock its 26th biggest position. Silvant Capital Management LLC's holdings in Applied Materials were worth $22,918,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of AMAT. JFS Wealth Advisors LLC boosted its position in Applied Materials by 4.3% in the second quarter. JFS Wealth Advisors LLC now owns 409 shares of the manufacturing equipment provider's stock worth $296,000 after purchasing an additional 17 shares during the last quarter. Innovative Asset Advisors Group LLC grew its stake in shares of Applied Materials by 2.1% during the 2nd quarter. Innovative Asset Advisors Group LLC now owns 961 shares of the manufacturing equipment provider's stock valued at $695,000 after purchasing an additional 20 shares during the period. Stonebridge Financial Group LLC increased its position in shares of Applied Materials by 2.1% during the 2nd quarter. Stonebridge Financial Group LLC now owns 1,003 shares of the manufacturing equipment provider's stock valued at $725,000 after purchasing an additional 21 shares during the last quarter. N.E.W. Advisory Services LLC increased its position in shares of Applied Materials by 5.9% during the 2nd quarter. N.E.W. Advisory Services LLC now owns 377 shares of the manufacturing equipment provider's stock valued at $273,000 after purchasing an additional 21 shares during the last quarter. Finally, IMG Wealth Management Inc. lifted its stake in shares of Applied Materials by 13.0% in the 2nd quarter. IMG Wealth Management Inc. now owns 183 shares of the manufacturing equipment provider's stock worth $132,000 after purchasing an additional 21 shares during the period. Hedge funds and other institutional investors own 80.56% of the company's stock.

Applied Materials Stock Performance

NASDAQ AMAT opened at $492.32 on Monday. 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, Inc. has a twelve month low of $154.46 and a twelve month high of $739.67. The business has a 50-day moving average price of $562.67 and a 200-day moving average price of $451.92. The firm has a market cap of $390.71 billion, a price-to-earnings ratio of 42.44, a price-to-earnings-growth ratio of 1.06 and a beta of 1.61.

Applied Materials (NASDAQ:AMAT - Get Free Report) last issued its earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share (EPS) for the quarter, beating 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 company had revenue of $9.12 billion for the quarter, compared to the consensus estimate of $8.99 billion. During the same quarter last year, the company earned $2.48 EPS. The firm's quarterly revenue was up 24.8% on a year-over-year basis. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. As a group, equities research analysts predict that Applied Materials, Inc. will post 12.73 EPS for the current fiscal 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 is Thursday, August 20th. This represents a $2.12 annualized dividend and a dividend yield of 0.4%. Applied Materials's dividend payout ratio (DPR) is presently 18.28%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Morgan Stanley cut their target price on shares of Applied Materials from $646.00 to $642.00 and set an "equal weight" rating for the company in a research report on Friday, August 14th. Erste Group Bank downgraded shares of Applied Materials from a "buy" rating to a "hold" rating in a research report on Wednesday, August 5th. Truist Financial set a $575.00 price target on shares of Applied Materials in a research note on Thursday, May 28th. Seaport Research Partners reissued a "buy" rating and set a $575.00 price objective on shares of Applied Materials in a research report on Friday, August 14th. Finally, Bank of America reduced their price objective on Applied Materials from $720.00 to $650.00 and set a "buy" rating for the company in a research note on Friday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, Applied Materials currently has an average rating of "Moderate Buy" and a consensus target price of $659.83.

Insider Transactions at Applied Materials

In other Applied Materials news, SVP Omkaram Nalamasu sold 24,263 shares of the business's stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $593.43, for a total value of $14,398,392.09. Following the sale, the senior vice president owned 146,916 shares in the company, valued at $87,184,361.88. The trade was a 14.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Gary E. Dickerson sold 71,727 shares of the firm's stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $593.75, for a total value of $42,587,906.25. Following the transaction, the chief executive officer owned 1,695,164 shares of the company's stock, valued at $1,006,503,625. This represents a 4.06% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 277,820 shares of company stock valued at $169,538,434. 0.30% of the stock is owned by corporate insiders.

Trending Headlines about Applied Materials

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

• Positive Sentiment: AI demand supports the long-term outlook. JPMorgan reiterated an Overweight rating and estimates semiconductor-systems revenue could grow about 40% this year, with AI-related investment accounting for roughly 80% of chip-equipment demand. Applied Materials Sees Years Of AI-Fueled Growth Ahead
• Positive Sentiment: Advanced packaging and memory opportunities remain catalysts. New equipment launches are strengthening Applied Materials’ position in advanced packaging as demand for high-bandwidth memory (HBM) and semiconductor manufacturing capacity expands. Can Applied Materials Sustain Its Growth Amid AI-Driven Demand?
• Positive Sentiment: Brokerage coverage remains favorable. Berenberg issued a Buy rating, while broader analyst recommendations continue to point toward adding AMAT to portfolios. However, investors should note that consensus ratings can be overly optimistic because they are based on sell-side opinions. Applied Materials Receives a Buy from Berenberg Bank
• Neutral Sentiment: Fundamentals were stronger than expected, but the market response was weak. Applied Materials reported record fiscal third-quarter revenue of $9.12 billion, up 25% year over year, and exceeded consensus EPS and revenue estimates. Its above-consensus outlook was apparently insufficient to overcome high expectations and valuation concerns. Applied Materials Delivered a Record Quarter. The Stock Fell Anyway
• Negative Sentiment: High-profile bearish positioning is weighing on sentiment. Paul Tudor Jones reportedly liquidated his AMAT common-stock position and increased his put exposure, while Dr. Michael Burry is also betting against the shares. These trades raise concerns about semiconductor-cycle risks and whether future foundry capital spending will meet already elevated expectations. Paul Tudor Jones Liquidated His Applied Materials Stake

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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