Applied Materials, Inc. $AMAT Shares Sold by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. lowered its position in Applied Materials, Inc. (NASDAQ:AMAT) by 28.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,864 shares of the manufacturing equipment provider’s stock after selling 9,313 shares during the period. TD Waterhouse Canada Inc.’s holdings in Applied Materials were worth $6,129,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Traveka Wealth LLC boosted its position in Applied Materials by 2.6% during the fourth quarter. Traveka Wealth LLC now owns 1,404 shares of the manufacturing equipment provider’s stock worth $361,000 after purchasing an additional 36 shares in the last quarter. Highline Wealth Partners LLC increased its position in shares of Applied Materials by 48.7% in the fourth quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock valued at $30,000 after buying an additional 38 shares in the last quarter. Bartlett & CO. Wealth Management LLC raised its stake in shares of Applied Materials by 0.9% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 4,096 shares of the manufacturing equipment provider’s stock worth $1,053,000 after buying an additional 38 shares during the last quarter. EdgeRock Capital LLC raised its stake in shares of Applied Materials by 2.5% during the 4th quarter. EdgeRock Capital LLC now owns 1,686 shares of the manufacturing equipment provider’s stock worth $433,000 after buying an additional 41 shares during the last quarter. Finally, Sagespring Wealth Partners LLC boosted its position in shares of Applied Materials by 0.5% in the 3rd quarter. Sagespring Wealth Partners LLC now owns 8,340 shares of the manufacturing equipment provider’s stock worth $1,707,000 after buying an additional 43 shares in the last quarter. 80.56% of the stock is owned by institutional investors and hedge funds.

Applied Materials Trading Up 0.7%

Shares of AMAT stock opened at $394.33 on Wednesday. The company has a market capitalization of $312.94 billion, a price-to-earnings ratio of 40.36, a PEG ratio of 1.75 and a beta of 1.64. The company has a current ratio of 2.71, a quick ratio of 1.94 and a debt-to-equity ratio of 0.30. The firm has a 50-day moving average price of $362.41 and a 200 day moving average price of $298.25. Applied Materials, Inc. has a twelve month low of $136.32 and a twelve month high of $407.29.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings results on Thursday, February 12th. The manufacturing equipment provider reported $2.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.21 by $0.17. The company had revenue of $7.01 billion for the quarter, compared to analysts’ expectations of $6.88 billion. Applied Materials had a net margin of 27.78% and a return on equity of 37.52%. The firm’s revenue for the quarter was down 2.1% compared to the same quarter last year. During the same period last year, the company earned $2.38 EPS. Applied Materials has set its Q2 2026 guidance at 2.440-2.840 EPS. Research analysts forecast that Applied Materials, Inc. will post 11.1 earnings per share for the current fiscal year.

Applied Materials Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Thursday, May 21st will be paid a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, May 21st. This is an increase from Applied Materials’s previous quarterly dividend of $0.46. Applied Materials’s dividend payout ratio is presently 18.83%.

Insiders Place Their Bets

In other Applied Materials news, CAO Adam Sanders sold 534 shares of the business’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $379.16, for a total value of $202,471.44. Following the completion of the transaction, the chief accounting officer directly owned 4,625 shares in the company, valued at approximately $1,753,615. The trade was a 10.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Judy Bruner sold 2,500 shares of the stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $391.71, for a total value of $979,275.00. Following the transaction, the director directly owned 26,089 shares in the company, valued at approximately $10,219,322.19. This represents a 8.74% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 12,003 shares of company stock valued at $4,484,189. Company insiders own 0.30% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Morgan Stanley increased their price objective on shares of Applied Materials from $420.00 to $432.00 and gave the company an “overweight” rating in a research note on Wednesday, February 25th. KeyCorp upped their price target on shares of Applied Materials from $380.00 to $450.00 and gave the company an “overweight” rating in a report on Friday, February 13th. Royal Bank Of Canada set a $430.00 price target on shares of Applied Materials in a research report on Friday, February 13th. Citigroup raised their price objective on shares of Applied Materials from $400.00 to $420.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Finally, Erste Group Bank upgraded Applied Materials to a “hold” rating in a research report on Tuesday, March 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, Applied Materials has a consensus rating of “Moderate Buy” and an average price target of $368.29.

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.