Applied Materials, Inc. $AMAT Shares Acquired by Jag Capital Management LLC

Jag Capital Management LLC lifted its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 210.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 69,261 shares of the manufacturing equipment provider’s stock after buying an additional 46,928 shares during the period. Applied Materials makes up 2.7% of Jag Capital Management LLC’s portfolio, making the stock its 12th biggest position. Jag Capital Management LLC’s holdings in Applied Materials were worth $23,673,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Evolve Private Wealth LLC grew its position in 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 last quarter. Worth Asset Management LLC bought a new stake in shares of Applied Materials during the fourth quarter valued at approximately $1,531,000. World Investment Advisors raised its stake in Applied Materials by 4.5% during the 4th quarter. World Investment Advisors now owns 82,296 shares of the manufacturing equipment provider’s stock valued at $21,149,000 after acquiring an additional 3,508 shares in the last quarter. WealthPlan Investment Management LLC bought a new position in shares of Applied Materials in the fourth quarter worth $1,082,000. Finally, Baker Chad R increased its holdings in shares of Applied Materials by 76.6% during the fourth quarter. Baker Chad R now owns 16,530 shares of the manufacturing equipment provider’s stock valued at $4,297,000 after purchasing an additional 7,170 shares during the period. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Applied Materials Trading Down 3.2%

Shares of AMAT opened at $560.93 on Friday. The business’s 50-day moving average price is $531.23 and its 200 day moving average price is $412.23. The stock has a market capitalization of $445.36 billion, a P/E ratio of 52.67, a P/E/G ratio of 1.47 and a beta of 1.57. Applied Materials, Inc. has a 1-year low of $154.46 and a 1-year high of $739.67. The company has a current ratio of 2.51, a quick ratio of 1.80 and a debt-to-equity ratio of 0.22.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, beating analysts’ consensus estimates of $2.68 by $0.18. The company had revenue of $7.91 billion during the quarter, compared to analyst estimates of $7.68 billion. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The business’s quarterly revenue was up 11.4% on a year-over-year basis. During the same period in the prior year, the firm earned $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Analysts expect that Applied Materials, Inc. will post 12.13 earnings per share for the current year.

Applied Materials Dividend Announcement

The firm also recently announced 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. The ex-dividend date is Thursday, August 20th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.4%. Applied Materials’s dividend payout ratio is currently 19.91%.

Insiders Place Their Bets

In related news, Director Thomas J. Iannotti sold 9,250 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $599.77, for a total transaction 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 trade represents a 18.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Prabu G. Raja sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $633.53, for a total transaction of $6,335,300.00. Following the completion of the transaction, the insider owned 346,642 shares in the company, valued at approximately $219,608,106.26. This represents a 2.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 278,088 shares of company stock valued at $169,654,805 over the last ninety days. Insiders own 0.30% of the company’s stock.

Trending Headlines about Applied Materials

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

• Positive Sentiment: Applied Materials continues to benefit from AI-driven semiconductor spending, and management recently reinforced the view that this investment cycle could stay elevated for years, supporting a multiyear growth outlook. Article Title
• Positive Sentiment: Analysts still see meaningful EPS growth ahead, with recent commentary highlighting strong demand trends and a higher price target from Mizuho, which can help sustain investor confidence in AMAT. Article Title
• Neutral Sentiment: Coverage around AMAT’s valuation is becoming more cautious, with one report saying the stock appears to be trading above fair value even though earnings look roughly reasonable, suggesting limited upside from current levels. Article Title
• Neutral Sentiment: Despite the strong recent rally, some commentary frames Applied Materials as a long-term AI infrastructure winner, but also notes that new buyers are paying up after a very large five-year advance. Article Title
• Negative Sentiment: Valuation concerns are the main drag on sentiment today: investors may be questioning whether Applied Materials’ strong AI demand story is already fully priced into the shares after the recent surge. Article Title

Wall Street Analyst Weigh In

Several equities analysts have commented on AMAT shares. Citigroup raised their target price on shares of Applied Materials from $550.00 to $710.00 and gave the company a “buy” rating in a research note on Wednesday, June 17th. Jefferies Financial Group boosted their target price on Applied Materials from $510.00 to $770.00 and gave the stock a “buy” rating in a report on Friday, June 26th. Raymond James Financial set a $650.00 price target on Applied Materials in a research report on Wednesday, June 10th. Susquehanna upped their price objective on Applied Materials from $575.00 to $900.00 and gave the company a “positive” rating in a report on Tuesday, June 30th. Finally, Wells Fargo & Company raised their target price on Applied Materials from $715.00 to $740.00 and gave the company an “overweight” rating in a research note on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $593.84.

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.