Three Seasons Wealth LLC Sells 5,432 Shares of Applied Materials, Inc. $AMAT

Key Points

• Three Seasons Wealth cut its Applied Materials position by 72.2% in the second quarter, selling 5,432 shares and retaining 2,093 shares valued at approximately $1.5 million. Institutional investors and hedge funds collectively own 80.56% of the stock.
• Applied Materials exceeded quarterly expectations, reporting $3.50 in adjusted EPS and $9.12 billion in revenue, with revenue up 24.8% year over year. The company also declared a quarterly dividend of $0.53 per share, representing a 0.5% yield.
• Analysts maintain a generally positive outlook, giving AMAT a “Moderate Buy” consensus rating and an average price target of $658.45, though insider selling and semiconductor-cycle risks remain considerations.

Three Seasons Wealth LLC lowered its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT - Free Report) by 72.2% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,093 shares of the manufacturing equipment provider's stock after selling 5,432 shares during the period. Three Seasons Wealth LLC's holdings in Applied Materials were worth $1,513,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the stock. JFS Wealth Advisors LLC increased its holdings in shares of Applied Materials by 4.3% during the second quarter. JFS Wealth Advisors LLC now owns 409 shares of the manufacturing equipment provider's stock worth $296,000 after buying an additional 17 shares in the last quarter. Innovative Asset Advisors Group LLC lifted its stake in shares of Applied Materials by 2.1% in the second quarter. Innovative Asset Advisors Group LLC now owns 961 shares of the manufacturing equipment provider's stock worth $695,000 after acquiring an additional 20 shares during the period. Stonebridge Financial Group LLC boosted its stake in shares of Applied Materials by 2.1% in 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 lifted its holdings in Applied Materials by 5.9% in the second quarter. N.E.W. Advisory Services LLC now owns 377 shares of the manufacturing equipment provider's stock valued at $273,000 after buying an additional 21 shares during the period. Finally, IMG Wealth Management Inc. boosted its position in shares of Applied Materials by 13.0% during the 2nd quarter. IMG Wealth Management Inc. now owns 183 shares of the manufacturing equipment provider's stock valued at $132,000 after purchasing an additional 21 shares in the last quarter. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Applied Materials Stock Performance

NASDAQ AMAT opened at $454.71 on Friday. The company has a 50-day simple moving average of $533.24 and a 200 day simple moving average of $460.59. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.79 and a current ratio of 2.42. Applied Materials, Inc. has a 52-week low of $158.82 and a 52-week high of $739.67. The company has a market capitalization of $360.86 billion, a PE ratio of 39.20, a price-to-earnings-growth ratio of 1.22 and a beta of 1.60.

Applied Materials (NASDAQ:AMAT - Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The manufacturing equipment provider reported $3.50 EPS for the quarter, beating the consensus estimate of $3.40 by $0.10. The business had revenue of $9.12 billion for the quarter, compared to the consensus estimate of $8.99 billion. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%.Applied Materials's revenue for the quarter was up 24.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.48 earnings per share. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. On average, research analysts predict that Applied Materials, Inc. will post 12.76 EPS for the current year.

Applied Materials Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be given a $0.53 dividend. The ex-dividend date is Thursday, August 20th. This represents a $2.12 annualized dividend and a dividend yield of 0.5%. Applied Materials's payout ratio is 18.28%.

Insider Activity at Applied Materials

In other news, Director Thomas Iannotti sold 9,250 shares of the firm's stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $599.77, for a total value of $5,547,872.50. Following the completion of the transaction, the director directly owned 40,559 shares in the company, valued at approximately $24,326,071.43. This trade represents a 18.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Gary Dickerson sold 20,000 shares of the company's stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $735.22, for a total transaction of $14,704,400.00. Following the sale, the chief executive officer directly owned 1,599,843 shares in the company, valued at $1,176,236,570.46. This trade represents a 1.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 231,692 shares of company stock worth $146,114,059 in the last 90 days. 0.30% of the stock is owned by company insiders.

Analysts Set New Price Targets

AMAT has been the topic of several research analyst reports. HSBC reissued a "buy" rating and set a $683.00 target price on shares of Applied Materials in a research note on Monday, July 27th. Jefferies Financial Group increased their price objective on shares of Applied Materials from $510.00 to $770.00 and gave the stock a "buy" rating in a research report on Friday, June 26th. Stifel Nicolaus raised their price objective on Applied Materials from $530.00 to $650.00 and gave the company a "buy" rating in a research note on Friday, July 10th. Wolfe Research boosted their price target on shares of Applied Materials from $500.00 to $550.00 and gave the company an "outperform" rating in a research note on Friday, May 15th. Finally, Morgan Stanley lowered their price objective on shares of Applied Materials from $646.00 to $642.00 and set an "equal weight" rating on the stock in a report on Friday, August 14th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $658.45.

More Applied Materials News

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

• Positive Sentiment: AI-driven equipment demand remains the main catalyst. Growth in advanced packaging, DRAM and high-bandwidth memory (HBM), along with accelerating global fab investment, is strengthening the outlook for Applied Materials’ equipment orders. AMAT Rides on AI-Led WFE Demand: Can it Sustain the Momentum?
• Positive Sentiment: Raised forecasts have driven a major valuation re-rating. Although trailing-twelve-month revenue growth was only 7.8%, management reportedly increased its forecast twice between February and August as semiconductor demand expectations improved. That forward-growth story helps explain the stock’s roughly 180% one-year return. Why Did Applied Materials Stock Nearly Triple On Single-Digit Trailing Revenue Growth?
• Positive Sentiment: Analyst expectations are improving. UBS projected strong potential appreciation for AMAT, while another analyst raised the fiscal 2027 EPS estimate, signaling continued confidence in earnings growth and semiconductor capital spending. UBS Group Forecasts Strong Price Appreciation for Applied Materials FY2027 EPS Estimate for Applied Materials Boosted by Analyst
• Neutral Sentiment: Valuation remains a key debate. Despite a recent pullback, AMAT has gained about 237% over five years, leaving investors questioning how much AI and semiconductor-cycle optimism is already reflected in the shares. Can Applied Materials Still Look Cheap After a 237% Run?
• Negative Sentiment: Industry-cycle risks have not disappeared. Optimism about a permanently stronger semiconductor cycle is tempered by potential memory-capacity imbalances, which could pressure chipmakers’ capital spending if supply expands faster than demand. SEMIs CEO Has Watched Four Decades of Chip Cycles

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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