Income Insurance Ltd Buys Shares of 2,494 Applied Materials, Inc. $AMAT

Income Insurance Ltd bought a new stake in Applied Materials, Inc. (NASDAQ:AMAT) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 2,494 shares of the manufacturing equipment provider’s stock, valued at approximately $641,000.

Several other institutional investors also recently bought and sold shares of AMAT. Brighton Jones LLC boosted its stake in Applied Materials by 28.0% in the fourth quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock valued at $2,061,000 after acquiring an additional 2,771 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in Applied Materials by 26.7% in the second quarter. Sivia Capital Partners LLC now owns 3,225 shares of the manufacturing equipment provider’s stock valued at $590,000 after acquiring an additional 679 shares in the last quarter. Forefront Wealth Partners LLC acquired a new stake in Applied Materials in the second quarter valued at approximately $410,000. Schnieders Capital Management LLC. boosted its stake in Applied Materials by 30.1% in 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 acquiring an additional 3,469 shares in the last quarter. Finally, Sei Investments Co. lifted its stake in shares of Applied Materials by 59.3% during the second quarter. Sei Investments Co. now owns 422,694 shares of the manufacturing equipment provider’s stock worth $77,383,000 after buying an additional 157,426 shares during the period. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Applied Materials

In related news, CFO Brice Hill sold 5,000 shares of the business’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $361.21, for a total transaction of $1,806,050.00. Following the completion of the transaction, the chief financial officer directly owned 138,565 shares in the company, valued at $50,051,063.65. The trade was a 3.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Adam Sanders sold 534 shares of the business’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $379.16, for a total transaction of $202,471.44. Following the transaction, the chief accounting officer owned 4,625 shares of the company’s stock, valued at $1,753,615. This represents a 10.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 12,003 shares of company stock worth $4,484,189 over the last three months. Company insiders own 0.30% of the company’s stock.

Applied Materials Trading Up 6.0%

NASDAQ AMAT opened at $435.18 on Friday. The company has a market capitalization of $345.36 billion, a PE ratio of 44.54, a P/E/G ratio of 1.94 and a beta of 1.66. The company has a fifty day moving average of $371.10 and a 200 day moving average of $311.19. Applied Materials, Inc. has a 1 year low of $153.47 and a 1 year high of $438.04. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.71 and a quick ratio of 1.94.

Applied Materials (NASDAQ:AMAT) last posted its earnings results on Thursday, February 12th. The manufacturing equipment provider reported $2.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.21 by $0.17. The company had revenue of $7.01 billion during the quarter, compared to the consensus estimate of $6.88 billion. Applied Materials had a net margin of 27.78% and a return on equity of 37.52%. The firm’s quarterly revenue was down 2.1% on a year-over-year basis. During the same period in the previous year, the firm posted $2.38 earnings per share. Applied Materials has set its Q2 2026 guidance at 2.440-2.840 EPS. Research analysts forecast that Applied Materials, Inc. will post 11.14 earnings per share for the current year.

Applied Materials Increases Dividend

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

Applied Materials News Summary

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

• Positive Sentiment: Seaport Research initiated coverage with a Buy rating and a $500 price target, calling Applied Materials a key beneficiary of AI semiconductor spending. Seaport Research Initiates Coverage of Applied Materials (AMAT) with Buy
• Positive Sentiment: Analysts at Erste Group raised FY2027 earnings estimates, reinforcing expectations for long-term earnings growth. BofA Remains Bullish on Applied Materials (AMAT)
• Positive Sentiment: Wall Street commentary suggests Applied Materials could post an earnings beat in its upcoming report, which is keeping sentiment constructive. Applied Materials (AMAT) Reports Next Week: Wall Street Expects Earnings Growth
• Neutral Sentiment: Recent articles note the stock had fallen more than the broader market in the prior session, but those moves appear secondary to the stronger analyst-driven optimism. Here’s Why Applied Materials (AMAT) Fell More Than Broader Market

Analyst Ratings Changes

AMAT has been the topic of a number of research analyst reports. Susquehanna boosted their price objective on shares of Applied Materials from $435.00 to $500.00 and gave the company a “positive” rating in a report on Thursday, April 9th. Stifel Nicolaus raised their target price on Applied Materials from $340.00 to $450.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Morgan Stanley raised their target price on Applied Materials from $432.00 to $454.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 5th. Wells Fargo & Company raised their target price on Applied Materials from $350.00 to $435.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. Finally, KeyCorp raised their target price on Applied Materials from $380.00 to $450.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. Twenty-eight investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $375.90.

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.