5,000 Shares in Applied Materials, Inc. $AMAT Bought by Deltec Asset Management LLC

Deltec Asset Management LLC bought a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT) during the 1st quarter, HoldingsChannel reports. The institutional investor bought 5,000 shares of the manufacturing equipment provider’s stock, valued at approximately $1,709,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Balentine LLC bought a new stake in shares of Applied Materials in the first quarter worth about $415,000. Whelan Financial lifted its holdings in shares of Applied Materials by 3.1% during the 1st quarter. Whelan Financial now owns 1,754 shares of the manufacturing equipment provider’s stock valued at $600,000 after purchasing an additional 52 shares in the last quarter. Financial Life Planners bought a new position in shares of Applied Materials during the 1st quarter valued at about $73,000. IFM Investors Pty Ltd grew its position in shares of Applied Materials by 3.4% in the 1st quarter. IFM Investors Pty Ltd now owns 166,069 shares of the manufacturing equipment provider’s stock valued at $56,761,000 after purchasing an additional 5,409 shares during the period. Finally, Rexford Capital Inc. grew its position in shares of Applied Materials by 1.0% in the 1st quarter. Rexford Capital Inc. now owns 5,490 shares of the manufacturing equipment provider’s stock valued at $1,876,000 after purchasing an additional 53 shares during the period. 80.56% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Applied Materials

In other news, SVP Timothy M. Deane sold 8,621 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the senior vice president owned 134,631 shares in the company, valued at $79,534,609.56. This trade represents a 6.02% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Thomas J. Iannotti sold 9,250 shares of Applied Materials stock in a transaction dated 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 sale, the director directly owned 40,559 shares in the company, valued at approximately $24,326,071.43. This represents a 18.57% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 278,088 shares of company stock worth $169,654,805. Corporate insiders own 0.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Morgan Stanley restated an “equal weight” rating and set a $502.00 target price (up from $454.00) on shares of Applied Materials in a report on Friday, May 15th. Wolfe Research upped their price target on shares of Applied Materials from $500.00 to $550.00 and gave the company an “outperform” rating in a report on Friday, May 15th. TD Cowen increased their price objective on shares of Applied Materials from $450.00 to $525.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Erste Group Bank upgraded shares of Applied Materials from a “hold” rating to a “buy” rating in a report on Monday, April 27th. Finally, Royal Bank Of Canada boosted their price objective on shares of Applied Materials from $500.00 to $520.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. Twenty-seven equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $553.56.

Applied Materials Price Performance

NASDAQ AMAT opened at $650.91 on Thursday. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22. Applied Materials, Inc. has a 12-month low of $154.46 and a 12-month high of $739.67. The company has a market capitalization of $516.80 billion, a PE ratio of 61.12, a price-to-earnings-growth ratio of 2.01 and a beta of 1.56. The firm’s 50 day moving average is $491.34 and its 200-day moving average is $386.97.

Applied Materials (NASDAQ:AMAT) last announced its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS 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 business had revenue of $7.91 billion during the quarter, compared to analysts’ expectations of $7.68 billion. During the same quarter in the prior year, the company posted $2.39 earnings per share. The firm’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. Equities research analysts anticipate that Applied Materials, Inc. will post 12.11 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be given a dividend of $0.53 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.12 annualized dividend and a yield of 0.3%. Applied Materials’s payout ratio is 19.91%.

Applied Materials News Roundup

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

• Positive Sentiment: Analysts remained constructive on Applied Materials, with Erste Group raising FY2026 and FY2027 EPS estimates and Cantor Fitzgerald lifting its price target to $850 while keeping an Overweight rating.
• Positive Sentiment: Recent coverage highlighted Applied Materials as a major beneficiary of AI-driven chip spending, with the stock hitting all-time highs and posting its best monthly rally since 1975, supported by stronger earnings expectations and improved sentiment across semiconductor equipment names.
• Neutral Sentiment: Broader market commentary noted that chip stocks were the main laggard even as most equities moved higher, suggesting sector rotation rather than company-specific fundamentals may have pressured AMAT.
• Negative Sentiment: Technical analysts warned that Applied Materials had become extremely overbought and could be due for a reversal after its steep surge, which may have contributed to profit-taking.
• Negative Sentiment: CEO Gary E. Dickerson disclosed two stock sales totaling more than 78,000 shares over June 29-30, a move that can weigh on sentiment even though he still retains a very large stake.

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.