Meadowbrook Advisors Group LLC Purchases New Holdings in Applied Materials, Inc. $AMAT

Meadowbrook Advisors Group LLC purchased a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 2,185 shares of the manufacturing equipment provider’s stock, valued at approximately $562,000.

Several other hedge funds and other institutional investors have also bought and sold shares of AMAT. Cornerstone Financial Management LLC purchased a new stake in shares of Applied Materials during the 4th quarter valued at $25,000. Redmont Wealth Advisors LLC purchased a new position in shares of Applied Materials in the 3rd quarter worth about $26,000. Wilkerson Advisory Group LLC purchased a new position in shares of Applied Materials in the 4th quarter worth about $26,000. Highline Wealth Partners LLC grew its position in Applied Materials by 48.7% during 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 during the period. Finally, Joseph Group Capital Management bought a new position in Applied Materials during the fourth quarter valued at about $31,000. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Insiders Place Their Bets

In other Applied Materials news, CEO Gary E. Dickerson sold 71,727 shares of the business’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $593.75, for a total transaction of $42,587,906.25. Following the sale, the chief executive officer owned 1,695,164 shares of the company’s stock, valued at $1,006,503,625. The trade was a 4.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Timothy M. Deane sold 8,621 shares of the stock in a transaction on Monday, June 15th. The stock was sold at an average price of $590.76, for a total value of $5,092,941.96. Following the sale, the senior vice president owned 134,631 shares in the company, valued at approximately $79,534,609.56. This represents a 6.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 189,767 shares of company stock worth $107,769,409 in the last three months. Insiders own 0.30% of the company’s stock.

More Applied Materials News

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

• Positive Sentiment: Applied Materials’ AGS services business is being highlighted as a long-term growth engine, with AI-enabled services and expanding margins potentially creating more recurring revenue. Can AMAT’s AGS Business Become a Long-Term Growth Driver?
• Positive Sentiment: Shares are benefiting from renewed enthusiasm around AI demand and strong earnings momentum, with articles noting the stock has been hitting new highs after solid results and upbeat guidance. AI Demand, Earnings Send Applied Materials to New Highs
• Positive Sentiment: Applied Materials launched SENZ with Qualcomm and EssilorLuxottica for AI eyewear, reinforcing investor hopes that the company can expand beyond core chipmaking tools into adjacent growth markets. Applied Materials (AMAT) Launches SENZ With Qualcomm And EssilorLuxottica For AI Eyewear
• Positive Sentiment: Analyst sentiment remains constructive, with higher price targets such as Citi’s $710 view helping fuel the rally by suggesting AI demand can justify the premium valuation. Applied Materials (AMAT) Stock Rallies 8.75% on Citi’s Bullish $710 Price Target
• Neutral Sentiment: Several insiders, including CEO Gary Dickerson and SVP Omkaram Nalamasu, sold shares this week; while the sales were small relative to their remaining holdings, they can weigh on sentiment. Why Applied Materials Insiders Sold $65 Million Worth of Stock
• Neutral Sentiment: Some commentary warns the stock looks expensive after a sharp year-to-date surge, with valuation comparisons to the dot-com era potentially prompting caution despite the strong fundamental backdrop. Applied Materials stock valuation and performance

Applied Materials Price Performance

NASDAQ AMAT opened at $617.11 on Friday. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22. The company has a market cap of $489.96 billion, a PE ratio of 57.94, a price-to-earnings-growth ratio of 1.72 and a beta of 1.67. Applied Materials, Inc. has a 52 week low of $154.46 and a 52 week high of $638.90. The firm’s 50-day simple moving average is $451.05 and its two-hundred day simple moving average is $364.90.

Applied Materials (NASDAQ:AMAT) last posted its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, topping 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 firm had revenue of $7.91 billion during the quarter, compared to the consensus estimate of $7.68 billion. During the same quarter last year, the company earned $2.39 earnings per share. The company’s 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 predict that Applied Materials, Inc. will post 12.1 earnings per share for the current year.

Applied Materials Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Thursday, August 20th. Applied Materials’s payout ratio is currently 19.91%.

Wall Street Analyst Weigh In

Several analysts have commented on AMAT shares. Truist Financial set a $575.00 price objective on shares of Applied Materials in a research report on Thursday, May 28th. Barclays increased their target price on shares of Applied Materials from $500.00 to $590.00 and gave the company an “overweight” rating in a research report on Thursday, June 11th. Zacks Research cut shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Mizuho upped their price objective on Applied Materials from $500.00 to $540.00 and gave the company an “outperform” rating in a research note on Wednesday, May 27th. Finally, B. Riley Financial increased their price objective on Applied Materials from $530.00 to $550.00 and gave the company a “buy” rating in a report on Friday, May 15th. Twenty-seven analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, Applied Materials currently has an average rating of “Moderate Buy” and an average price target of $489.16.

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.