Talon Private Wealth LLC Invests $5.61 Million in Applied Materials, Inc. $AMAT

Key Points

• Talon Private Wealth bought 16,417 Applied Materials shares worth approximately $5.61 million, representing about 0.7% of its portfolio. Institutional investors and hedge funds collectively own 80.56% of the company.
• Applied Materials exceeded quarterly expectations with $2.86 in earnings per share and $7.91 billion in revenue, while revenue grew 11.4% year over year. The company also declared a quarterly dividend of $0.53 per share, yielding about 0.4% annually.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $599.19, supported by AI-related semiconductor demand. However, elevated valuation, insider selling, potential AI-spending concerns and increasing Chinese competition pose risks.

Talon Private Wealth LLC bought a new stake in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 16,417 shares of the manufacturing equipment provider's stock, valued at approximately $5,612,000. Applied Materials accounts for about 0.7% of Talon Private Wealth LLC's portfolio, making the stock its 28th largest holding.

Several other large investors have also recently added to or reduced their stakes in the stock. ROI Financial Advisors LLC grew its stake in shares of Applied Materials by 39.6% in the first quarter. ROI Financial Advisors LLC now owns 1,663 shares of the manufacturing equipment provider's stock valued at $568,000 after buying an additional 472 shares in the last quarter. Empowered Funds LLC lifted its position in Applied Materials by 11.0% during the 1st quarter. Empowered Funds LLC now owns 125,765 shares of the manufacturing equipment provider's stock worth $42,985,000 after acquiring an additional 12,468 shares in the last quarter. IMG Wealth Management Inc. lifted its position in Applied Materials by 23.7% during the 1st quarter. IMG Wealth Management Inc. now owns 162 shares of the manufacturing equipment provider's stock worth $55,000 after acquiring an additional 31 shares in the last quarter. Glen Eagle Advisors LLC boosted its holdings in Applied Materials by 44.8% in the 1st quarter. Glen Eagle Advisors LLC now owns 1,580 shares of the manufacturing equipment provider's stock worth $540,000 after acquiring an additional 489 shares during the period. Finally, Quantinno Capital Management LP grew its position in Applied Materials by 19.8% in the first quarter. Quantinno Capital Management LP now owns 471,966 shares of the manufacturing equipment provider's stock valued at $161,314,000 after acquiring an additional 78,133 shares in the last quarter. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Applied Materials Price Performance

Shares of AMAT stock opened at $476.46 on Wednesday. The firm has a fifty day moving average of $547.67 and a two-hundred day moving average of $426.93. The firm has a market cap of $378.29 billion, a P/E ratio of 44.74, a P/E/G ratio of 1.31 and a beta of 1.57. Applied Materials, Inc. has a 1-year low of $154.46 and a 1-year high of $739.67. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.51 and a quick ratio of 1.80.

Applied Materials (NASDAQ:AMAT - Get Free Report) last announced its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, beating the consensus estimate of $2.68 by $0.18. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The firm had revenue of $7.91 billion during the quarter, compared to analyst estimates of $7.68 billion. During the same period in the previous year, the company earned $2.39 earnings per share. Applied Materials's quarterly revenue was up 11.4% on a year-over-year basis. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. As a group, research analysts anticipate that Applied Materials, Inc. will post 12.14 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be given a dividend of $0.53 per share. 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 currently 19.91%.

Applied Materials News Roundup

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

• Positive Sentiment: Applied Materials has benefited from AI-driven spending on advanced wafer fabrication and semiconductor manufacturing equipment. A Columbia Threadneedle investor letter highlighted the company’s exposure to long-term AI infrastructure growth. Applied Materials Rose on AI-Driven Wafer Fabrication Spending
• Positive Sentiment: Analysts continue to see potential for Applied Materials to outperform upcoming earnings expectations, supported by demand from AI, cloud computing, memory and storage customers. The company also recently exceeded consensus estimates for revenue and earnings, with revenue growth accelerating year over year.
• Positive Sentiment: Several Wall Street analysts have issued upgrades, while investors point to strong memory-chip demand as a potential catalyst. However, the stock’s elevated valuation leaves it sensitive to any slowdown in growth expectations. Applied Materials Stock Keeps Winning Upgrades
• Neutral Sentiment: Applied Materials was identified as one of several semiconductor companies with a positive earnings-prediction signal ahead of its quarterly report, but the forecast is not a guarantee of results. 3 Semiconductor Stocks Likely to Outpace Q2 Earnings Estimates
• Negative Sentiment: The broader AI-chip group has extended its selloff as investors question whether current AI infrastructure spending can be funded at its current pace. Applied Materials is being pulled lower alongside Nvidia, AMD and other semiconductor stocks. AI Chip Stocks Tumble as Nvidia, AMD Lead Market Selloff Over Spending Fears
• Negative Sentiment: Reports that China is mass-producing domestic immersion DUV lithography equipment raise concerns that local alternatives could reduce demand for U.S. chip-equipment suppliers. Export controls and geopolitical restrictions could further limit Applied Materials’ access to Chinese customers. How China’s Domestic Immersion DUV Push Has Changed Applied Materials’ Investment Story

Insider Activity

In other Applied Materials news, SVP Timothy M. Deane sold 8,621 shares of Applied Materials stock in a transaction 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 owned 134,631 shares of the company's stock, valued at $79,534,609.56. The trade was a 6.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, 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 transaction of $14,398,392.09. Following the sale, the senior vice president owned 146,916 shares of the company's stock, valued at approximately $87,184,361.88. The trade was a 14.17% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 278,088 shares of company stock valued at $169,654,805 over the last three months. 0.30% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Jefferies Financial Group lifted their price objective on shares of Applied Materials from $510.00 to $770.00 and gave the company a "buy" rating in a research note on Friday, June 26th. Seaport Research Partners started coverage on shares of Applied Materials in a research note on Monday, May 4th. They issued a "buy" rating and a $500.00 target price for the company. Mizuho lifted their price target on shares of Applied Materials from $540.00 to $650.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 8th. Royal Bank Of Canada boosted their price objective on shares of Applied Materials from $500.00 to $520.00 and gave the stock an "outperform" rating in a report on Friday, May 15th. Finally, Needham & Company LLC raised their target price on Applied Materials from $530.00 to $740.00 and gave the company a "buy" rating in a research note on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $599.19.

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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