Three Seasons Wealth LLC Raises Stock Position in Applied Materials, Inc. $AMAT

Key Points

• Three Seasons Wealth LLC boosted its Applied Materials stake by 328.8% in Q1, buying 5,770 additional shares and bringing its total to 7,525 shares valued at about $2.57 million.
• Applied Materials reported strong quarterly results, with EPS of $2.86 beating estimates and revenue of $7.91 billion topping expectations; revenue also rose 11.4% year over year.
• Analysts remain generally bullish on AMAT, with multiple firms raising price targets and the stock holding a Moderate Buy consensus, while the company also announced a $0.53 quarterly dividend payable September 10.

Three Seasons Wealth LLC lifted its position in Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 328.8% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,525 shares of the manufacturing equipment provider's stock after purchasing an additional 5,770 shares during the period. Applied Materials accounts for about 1.0% of Three Seasons Wealth LLC's investment portfolio, making the stock its 27th biggest position. Three Seasons Wealth LLC's holdings in Applied Materials were worth $2,572,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC raised its position in Applied Materials by 28.0% during the 4th quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider's stock valued at $2,061,000 after purchasing an additional 2,771 shares in the last quarter. Sivia Capital Partners LLC grew its position in shares of Applied Materials by 26.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,225 shares of the manufacturing equipment provider's stock worth $590,000 after buying an additional 679 shares in the last quarter. Forefront Wealth Partners LLC purchased a new position in shares of Applied Materials during the second quarter valued at $410,000. Schnieders Capital Management LLC. increased its stake in shares of Applied Materials by 30.1% during the second quarter. Schnieders Capital Management LLC. now owns 15,003 shares of the manufacturing equipment provider's stock valued at $2,747,000 after buying an additional 3,469 shares during the period. Finally, Sei Investments Co. raised its holdings in shares of Applied Materials by 59.3% in the second quarter. Sei Investments Co. now owns 422,694 shares of the manufacturing equipment provider's stock valued at $77,383,000 after acquiring an additional 157,426 shares in the last quarter. Institutional investors own 80.56% of the company's stock.

Applied Materials Price Performance

AMAT opened at $579.43 on Thursday. The firm has a market capitalization of $460.04 billion, a PE ratio of 54.41, a price-to-earnings-growth ratio of 1.51 and a beta of 1.57. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.51 and a quick ratio of 1.80. The business's 50-day moving average is $528.23 and its two-hundred day moving average is $410.12. Applied Materials, Inc. has a 1 year low of $154.46 and a 1 year high of $739.67.

Applied Materials (NASDAQ:AMAT - Get Free Report) last released its quarterly earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, beating the consensus estimate of $2.68 by $0.18. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The business had revenue of $7.91 billion during the quarter, compared to analyst estimates of $7.68 billion. During the same period in the prior year, the firm posted $2.39 earnings per share. The company'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. Research analysts anticipate that Applied Materials, Inc. will post 12.13 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

The company also recently announced 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. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.12 dividend on an annualized basis and a yield of 0.4%. Applied Materials's dividend payout ratio is presently 19.91%.

Analyst Ratings Changes

A number of research firms recently weighed in on AMAT. Barclays upped their price objective on shares of Applied Materials from $500.00 to $590.00 and gave the stock an "overweight" rating in a research note on Thursday, June 11th. Erste Group Bank upgraded shares of Applied Materials from a "hold" rating to a "buy" rating in a report on Monday, April 27th. Seaport Research Partners began coverage on shares of Applied Materials in a research report on Monday, May 4th. They issued a "buy" rating and a $500.00 price target for the company. Royal Bank Of Canada increased their price objective on shares of Applied Materials from $500.00 to $520.00 and gave the company an "outperform" rating in a research note on Friday, May 15th. Finally, Raymond James Financial set a $650.00 price objective on shares of Applied Materials in a report on Wednesday, June 10th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Applied Materials has a consensus rating of "Moderate Buy" and an average target price of $593.84.

Key Headlines Impacting Applied Materials

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

• Positive Sentiment: Management commentary suggested AI-driven semiconductor equipment spending could stay elevated for years, strengthening confidence in Applied Materials’ multiyear demand outlook. Applied Materials CEO Just Reinforced the AI Investment Thesis. How to Play AMAT Stock Here.
• Positive Sentiment: Mizuho raised its price target on AMAT, citing strong demand commentary and expecting EPS growth of more than 36% over the next year. Mizuho Raises PT on Applied Materials (AMAT)
• Positive Sentiment: Applied Materials was highlighted as a key AI infrastructure and “picks-and-shovels” play, with articles arguing the stock could continue trending higher alongside AI hardware spending. Applied Materials: The Picks-and-Shovels Play in an AI Era Will Continue to Trend Higher
• Positive Sentiment: Reports also pointed to a 10-year AI packaging partnership with TSMC and a Buy rating from Bernstein, both of which support the bull case for long-term demand. Applied Materials (AMAT) Lands 10 Year TSMC AI Packaging Partnership Applied Materials (AMAT) Gets a Buy from Bernstein
• Neutral Sentiment: Some commentary notes the stock has already run sharply over the past six months, so investors may be weighing whether much of the AI optimism is already priced in. 2 Reasons to Watch AMAT and 1 to Stay Cautious
• Neutral Sentiment: Broader semiconductor strength and lower inflation also helped sentiment across AI hardware names, including AMAT, KLA, and Teradyne. Applied Materials, KLA Corporation, and Teradyne Shares Skyrocket, What You Need To Know

Insider Buying and Selling

In other news, SVP Timothy M. Deane sold 8,621 shares of the company's stock in a transaction on Monday, June 15th. The stock was sold at an average price of $590.76, for a total transaction of $5,092,941.96. Following the transaction, the senior vice president directly owned 134,631 shares of the company's stock, valued at approximately $79,534,609.56. This represents a 6.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Omkaram Nalamasu sold 24,263 shares of the 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 of the company's stock, valued at approximately $87,184,361.88. This represents a 14.17% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 278,088 shares of company stock valued at $169,654,805 over the last quarter. Insiders own 0.30% of the company's stock.

Applied Materials 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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