Delphi Management Inc. MA trimmed its stake in Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 33.3% in the first quarter, Holdings Channel.com reports. The firm owned 3,561 shares of the manufacturing equipment provider’s stock after selling 1,779 shares during the quarter. Applied Materials comprises about 1.5% of Delphi Management Inc. MA’s portfolio, making the stock its 23rd largest position. Delphi Management Inc. MA’s holdings in Applied Materials were worth $1,217,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of Applied Materials by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 76,779,340 shares of the manufacturing equipment provider’s stock valued at $19,731,523,000 after purchasing an additional 330,197 shares during the last quarter. Capital Research Global Investors increased its holdings in shares of Applied Materials by 119.8% during the 4th quarter. Capital Research Global Investors now owns 32,707,049 shares of the manufacturing equipment provider’s stock worth $8,405,458,000 after buying an additional 17,829,377 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Applied Materials by 40.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 12,520,114 shares of the manufacturing equipment provider’s stock worth $2,563,376,000 after buying an additional 3,583,751 shares during the last quarter. Morgan Stanley raised its position in shares of Applied Materials by 3.4% in the 4th quarter. Morgan Stanley now owns 11,470,835 shares of the manufacturing equipment provider’s stock worth $2,947,891,000 after buying an additional 373,012 shares during the period. Finally, Norges Bank purchased a new position in shares of Applied Materials in the 4th quarter worth $2,858,543,000. Institutional investors and hedge funds own 80.56% of the company’s stock.
Insider Activity at Applied Materials
In related news, SVP Omkaram Nalamasu sold 24,263 shares of the firm’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $593.43, for a total transaction of $14,398,392.09. Following the completion of the sale, the senior vice president directly owned 146,916 shares of the company’s stock, valued at approximately $87,184,361.88. This trade represents a 14.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Gary E. Dickerson sold 71,727 shares of Applied Materials stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $593.75, for a total transaction of $42,587,906.25. Following the sale, the chief executive officer directly owned 1,695,164 shares in the company, valued at $1,006,503,625. This trade represents a 4.06% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 199,767 shares of company stock valued at $114,104,709. 0.30% of the stock is currently owned by corporate insiders.
Wall Street Analysts Forecast Growth
View Our Latest Report on AMAT
Applied Materials Price Performance
Shares of NASDAQ AMAT opened at $586.54 on Thursday. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.51 and a quick ratio of 1.80. Applied Materials, Inc. has a 1-year low of $154.46 and a 1-year high of $641.18. The company has a market capitalization of $465.69 billion, a price-to-earnings ratio of 55.07, a PEG ratio of 1.63 and a beta of 1.67. The business has a 50-day moving average of $463.44 and a 200-day moving average of $372.78.
Applied Materials (NASDAQ:AMAT – Get Free Report) last announced its 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. The business had revenue of $7.91 billion for the quarter, compared to the consensus estimate of $7.68 billion. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The company’s revenue was up 11.4% on a year-over-year basis. During the same period last year, the business posted $2.39 EPS. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. On average, equities analysts anticipate that Applied Materials, Inc. will post 12.1 EPS for the current fiscal year.
Applied Materials Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be given a $0.53 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.12 annualized dividend and a yield of 0.4%. Applied Materials’s dividend payout ratio (DPR) is 19.91%.
Key Applied Materials News
Here are the key news stories impacting Applied Materials this week:
- Positive Sentiment: Wells Fargo lifted its price target on Applied Materials to $715 from $520 and kept an Overweight rating, citing continued strength in semiconductor capital equipment demand and AI infrastructure spending. Is Applied Materials (AMAT) the Best All-Time High Stock with Legs to Rally Further?
- Positive Sentiment: Bank of America also raised its price target on AMAT to $720 from $540 and reiterated a Buy rating, suggesting analysts see additional upside from AI-led chip demand. Applied Materials price target raised by Bank of America
- Positive Sentiment: Recent coverage highlighted Applied Materials as a potential winner from growing semiconductor complexity and AI chip production, with some commentary arguing the stock may still be undervalued relative to long-term growth prospects. How Applied Materials Could Become the Next $1 Trillion Chip Stock
- Neutral Sentiment: Insider Prabu G. Raja sold 10,000 shares, a transaction that may get attention but does not necessarily signal a change in the company’s outlook. SEC Form 4 filing
- Neutral Sentiment: Applied Materials announced a quarterly dividend of $0.53 per share, which is supportive for income-focused investors but not a major short-term catalyst. Applied Materials insider trades and dividend announcement
- Negative Sentiment: Some recent articles noted that AMAT’s valuation has become stretched after a strong rally, which could limit near-term upside if AI spending expectations ease. Applied Materials Stock Looks Pricey—Can AI Demand Justify the Rally?
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.
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