Silvant Capital Management LLC Sells 10,486 Shares of Applied Materials, Inc. $AMAT

Key Points

• Silvant Capital Management cut its Applied Materials position by 38.7% in the fourth quarter, selling 10,486 shares and leaving it with 16,589 shares worth about $4.26 million.
• Applied Materials reported strong quarterly results, beating earnings and revenue estimates, with EPS of $2.86 on revenue of $7.91 billion; management also guided Q3 2026 EPS to $3.16-$3.56.
• Analyst sentiment remains broadly positive, with multiple firms raising price targets and the stock carrying a Moderate Buy consensus, though some commentary warns it may be extended after a sharp rally.

Silvant Capital Management LLC lessened its position in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 38.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,589 shares of the manufacturing equipment provider's stock after selling 10,486 shares during the quarter. Silvant Capital Management LLC's holdings in Applied Materials were worth $4,263,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Cornerstone Financial Management LLC bought a new position in shares of Applied Materials during the 4th quarter worth approximately $25,000. Wilkerson Advisory Group LLC bought a new position in shares of Applied Materials during the 4th quarter worth approximately $26,000. Highline Wealth Partners LLC raised its stake in shares of 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 in the last quarter. Joseph Group Capital Management bought a new position in shares of Applied Materials during the 4th quarter worth approximately $31,000. Finally, Redmont Wealth Advisors LLC bought a new position in shares of Applied Materials during the 3rd quarter worth approximately $26,000. Institutional investors own 80.56% of the company's stock.

Trending Headlines about Applied Materials

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

• Positive Sentiment: Applied Materials unveiled new deposition and selective etch systems designed to improve precision in 3D chip structures, a sign it is targeting growing demand for advanced AI chips and next-generation semiconductor scaling. Applied Materials Unveils Deposition and Selective Etch Systems to Advance 3D Chip Scaling
• Positive Sentiment: Barclays raised its price target on Applied Materials to $590 from $500 and kept an Overweight rating, reflecting higher expectations for wafer fab equipment spending and capital investment trends. Applied Materials (AMAT) Gets Higher Price Targets from Barclays and Cantor Fitzgerald
• Positive Sentiment: Commentary from Jim Cramer and other bullish articles highlighted AMAT as a stock investors may want to own when semiconductor demand strengthens, adding to the day’s favorable sentiment around the name. Jim Cramer Says “I’ll Go for AMAT”
• Neutral Sentiment: Some market commentary warned that the recent rally has pushed Applied Materials to stretched valuation levels, suggesting the stock may be extended after a sharp rebound and could be vulnerable to a pullback if momentum fades. Buy, Hold, or Sell: Applied Materials Surged Right Back Toward $500 Following a Brutal June Flush. Here’s Where I’d Buy
• Neutral Sentiment: A Seeking Alpha piece argued that AMAT is “not cheap enough to buy” but also “too strong to sell,” reinforcing the view that the stock is richly valued but supported by solid fundamentals. Applied Materials: Not Cheap Enough To Buy, Too Strong To Sell
• Negative Sentiment: One market note said AMAT has already rebounded sharply and may be too extended for fresh buying at current levels, which could limit upside if investors become more cautious. Buy, Hold, or Sell: Applied Materials Surged Right Back Toward $500 Following a Brutal June Flush. Here’s Where I’d Buy

Analyst Ratings Changes

Several research analysts recently commented on AMAT shares. Wall Street Zen upgraded shares of Applied Materials from a "hold" rating to a "buy" rating in a research note on Saturday, May 23rd. Zacks Research lowered shares of Applied Materials from a "strong-buy" rating to a "hold" rating in a research note on Monday, April 27th. The Goldman Sachs Group boosted their price objective on shares of Applied Materials from $390.00 to $520.00 and gave the stock a "buy" rating in a research note on Friday, May 15th. Jefferies Financial Group boosted their target price on shares of Applied Materials from $415.00 to $510.00 and gave the stock a "buy" rating in a research report on Friday, May 15th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Applied Materials from $450.00 to $550.00 and gave the stock a "buy" rating in a research report on Friday, May 15th. Twenty-seven equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, Applied Materials has a consensus rating of "Moderate Buy" and an average target price of $483.03.

Applied Materials Stock Up 3.3%

NASDAQ:AMAT opened at $585.78 on Tuesday. The company has a market cap of $465.09 billion, a PE ratio of 55.00, a P/E/G ratio of 1.58 and a beta of 1.67. Applied Materials, Inc. has a twelve month low of $154.46 and a twelve month high of $599.62. The company has a current ratio of 2.51, a quick ratio of 1.80 and a debt-to-equity ratio of 0.22. The company's 50 day moving average is $431.96 and its two-hundred day moving average is $355.90.

Applied Materials (NASDAQ:AMAT - Get Free Report) last released its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, topping the consensus estimate of $2.68 by $0.18. The company had revenue of $7.91 billion for the quarter, compared to the consensus estimate of $7.68 billion. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. Applied Materials's revenue was up 11.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.39 EPS. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Analysts anticipate that Applied Materials, Inc. will post 12.1 EPS for the current year.

Applied Materials Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be issued a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, August 20th. Applied Materials's dividend payout ratio is 19.91%.

Insider Buying and Selling at Applied Materials

In other news, Director Judy Bruner sold 1,128 shares of the company's stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $450.00, for a total value of $507,600.00. Following the sale, the director directly owned 26,544 shares of the company's stock, valued at $11,944,800. This represents a 4.08% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Adam Sanders sold 268 shares of the company's stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $434.22, for a total transaction of $116,370.96. Following the completion of the sale, the chief accounting officer directly owned 4,280 shares in the company, valued at $1,858,461.60. This trade represents a 5.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 53,896 shares of company stock valued at $27,135,121 over the last quarter. Insiders own 0.30% of the company's stock.

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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