Lmcg Investments LLC Sells 20,876 Shares of Applied Materials, Inc. $AMAT

Lmcg Investments LLC lessened its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 22.1% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 73,764 shares of the manufacturing equipment provider’s stock after selling 20,876 shares during the period. Applied Materials makes up about 1.5% of Lmcg Investments LLC’s investment portfolio, making the stock its 14th largest position. Lmcg Investments LLC’s holdings in Applied Materials were worth $25,212,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Evolve Private Wealth LLC boosted its holdings in shares of Applied Materials by 59.0% in the 1st quarter. Evolve Private Wealth LLC now owns 2,875 shares of the manufacturing equipment provider’s stock worth $983,000 after purchasing an additional 1,067 shares during the period. Worth Asset Management LLC bought a new stake in Applied Materials in the fourth quarter worth $1,531,000. World Investment Advisors boosted its stake in Applied Materials by 4.5% during the fourth quarter. World Investment Advisors now owns 82,296 shares of the manufacturing equipment provider’s stock worth $21,149,000 after buying an additional 3,508 shares during the period. WealthPlan Investment Management LLC bought a new position in Applied Materials during the fourth quarter valued at $1,082,000. Finally, Avity Investment Management Inc. increased its position in Applied Materials by 1.1% during the third quarter. Avity Investment Management Inc. now owns 223,211 shares of the manufacturing equipment provider’s stock valued at $45,700,000 after acquiring an additional 2,376 shares during the last quarter. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Key Applied Materials News

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

• Positive Sentiment: Applied Materials unveiled SENZ, an AI-powered platform designed to speed development of smart glasses, which supports the company’s positioning in next-generation AI hardware and could expand long-term growth opportunities. Article Title
• Positive Sentiment: Analysts turned more constructive, with Morgan Stanley raising its price target to $647 and Goldman Sachs also boosting its target, reinforcing optimism around AMAT’s earnings momentum and AI-driven demand. Article Title
• Positive Sentiment: Zacks highlighted AMAT as a Strong Buy momentum stock, noting its strong rebound from the 52-week low and continued support from broad AI-related equipment demand. Article Title
• Neutral Sentiment: Recent coverage noted that AMAT had been one of the strongest stocks in the semiconductor group before today’s pullback, suggesting the move may reflect a short-term cooldown rather than a change in the longer-term trend. Article Title
• Negative Sentiment: Shares are falling alongside the broader chip sector, with investors rotating out of semiconductor names amid an industry-wide tech selloff and caution tied to memory-chip sentiment. Article Title
• Negative Sentiment: Another market recap said AMAT declined more than the broader market, adding to near-term downside pressure even though the company’s fundamentals remain strong. Article Title

Insider Transactions at Applied Materials

In other Applied Materials news, insider Prabu G. Raja sold 50,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $505.28, for a total value of $25,264,000.00. Following the completion of the sale, the insider directly owned 356,642 shares in the company, valued at $180,204,069.76. This trade represents a 12.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Omkaram Nalamasu sold 24,263 shares of Applied Materials stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $593.43, for a total transaction of $14,398,392.09. Following the completion of the transaction, the senior vice president directly owned 146,916 shares in the company, valued at $87,184,361.88. This represents a 14.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 278,088 shares of company stock worth $169,654,805. 0.30% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. HC Wainwright set a $850.00 target price on shares of Applied Materials in a report on Monday, June 29th. Morgan Stanley increased their price target on Applied Materials from $502.00 to $647.00 and gave the stock an “equal weight” rating in a report on Monday. HSBC assumed coverage on Applied Materials in a research note on Friday, May 8th. They set a “buy” rating and a $517.00 price target for the company. Wall Street Zen raised Applied Materials from a “hold” rating to a “buy” rating in a research report on Saturday, May 23rd. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $525.00 target price on shares of Applied Materials in a research note on Friday, May 15th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $569.65.

Applied Materials Price Performance

Shares of AMAT opened at $554.50 on Wednesday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.80 and a current ratio of 2.51. The stock has a market capitalization of $440.25 billion, a PE ratio of 52.07, a PEG ratio of 1.65 and a beta of 1.57. The company has a 50 day moving average price of $506.04 and a 200-day moving average price of $396.31. Applied Materials, Inc. has a fifty-two week low of $154.46 and a fifty-two week high of $739.67.

Applied Materials (NASDAQ:AMAT) last released its quarterly 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. The firm had revenue of $7.91 billion during the quarter, compared to analyst estimates of $7.68 billion. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The business’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same period in the previous year, the company posted $2.39 EPS. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Equities analysts predict that Applied Materials, Inc. will post 12.11 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Thursday, August 20th. Applied Materials’s dividend payout ratio (DPR) is currently 19.91%.

Applied Materials 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.