Cumberland Partners Ltd Has $3.32 Million Position in Applied Materials, Inc. $AMAT

Cumberland Partners Ltd reduced its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 58.3% during the 1st quarter, HoldingsChannel reports. The fund owned 9,703 shares of the manufacturing equipment provider’s stock after selling 13,550 shares during the period. Cumberland Partners Ltd’s holdings in Applied Materials were worth $3,316,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Evolve Private Wealth LLC lifted its holdings in shares of Applied Materials by 59.0% during the 1st quarter. Evolve Private Wealth LLC now owns 2,875 shares of the manufacturing equipment provider’s stock valued at $983,000 after buying an additional 1,067 shares during the last quarter. Worth Asset Management LLC acquired a new position in Applied Materials in the fourth quarter worth approximately $1,531,000. World Investment Advisors increased its holdings in Applied Materials by 4.5% in 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 last quarter. WealthPlan Investment Management LLC bought a new position in Applied Materials during the fourth quarter valued at approximately $1,082,000. Finally, Baker Chad R raised its position in 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 acquiring an additional 7,170 shares in the last quarter. 80.56% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, SVP Omkaram Nalamasu sold 24,263 shares of the stock in a transaction that occurred 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 sale, the senior vice president owned 146,916 shares in the company, valued at $87,184,361.88. This represents a 14.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 278,088 shares of company stock valued at $169,654,805 in the last ninety days. Company insiders own 0.30% of the company’s stock.

Applied Materials Stock Down 4.7%

Shares of Applied Materials stock opened at $536.25 on Friday. Applied Materials, Inc. has a 12-month low of $154.46 and a 12-month high of $739.67. 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 stock has a 50 day moving average price of $544.21 and a two-hundred day moving average price of $423.10. The stock has a market capitalization of $425.76 billion, a P/E ratio of 50.35, a PEG ratio of 1.43 and a beta of 1.57.

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, beating analysts’ consensus estimates of $2.68 by $0.18. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The company had revenue of $7.91 billion for the quarter, compared to analyst estimates of $7.68 billion. During the same quarter last year, the firm posted $2.39 earnings per share. The company’s quarterly revenue was up 11.4% compared to the same quarter last year. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Equities analysts expect that Applied Materials, Inc. will post 12.14 earnings per share for the current year.

Applied Materials Dividend Announcement

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

Wall Street Analysts Forecast Growth

AMAT has been the subject of several recent research reports. Raymond James Financial set a $650.00 target price on shares of Applied Materials in a research report on Wednesday, June 10th. B. Riley Financial raised their price target on shares of Applied Materials from $550.00 to $790.00 and gave the company a “buy” rating in a report on Friday, June 26th. Jefferies Financial Group lifted their price objective on shares of Applied Materials from $510.00 to $770.00 and gave the company a “buy” rating in a research note on Friday, June 26th. Erste Group Bank upgraded shares of Applied Materials from a “hold” rating to a “buy” rating in a report on Monday, April 27th. Finally, Mizuho increased their target price on shares of Applied Materials from $540.00 to $650.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 8th. One 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. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $593.84.

Key Headlines Impacting Applied Materials

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

• Positive Sentiment: Applied Materials is still viewed favorably versus a peer in advanced packaging, with commentary highlighting its AI-related packaging exposure, broad chipmaking portfolio, and high-margin services as reasons it may be a safer long-term bet. AMAT vs. Q: Which Advanced Packaging Stock is a Safer Bet Right Now?
• Positive Sentiment: Analysts and market commentary continue to point to AI-led semiconductor demand, with Applied Materials repeatedly cited as one of the stocks benefiting from ongoing chip investment and stronger equipment spending. Buy These 5 Semiconductor Stocks Charged Up by AI Enthusiasm
• Positive Sentiment: Applied Materials announced it will report fiscal third-quarter 2026 results on August 13, and recent previews suggest analysts expect another double-digit earnings increase, which can support sentiment ahead of the print. What to Expect From Applied Materials’ Next Quarterly Earnings Report
• Neutral Sentiment: The company’s short-interest update appears to be data-noisy, showing zero shares outstanding and no meaningful days-to-cover signal, so it is unlikely to be a real trading driver.
• Neutral Sentiment: Applied Materials remains part of a broader semiconductor sector that is experiencing profit-taking and valuation-driven consolidation after a powerful AI rally, which is weighing on sentiment across the group. Semiconductor Crossroads: Healthy Consolidation or Deeper Repricing?
• Negative Sentiment: The pullback in semiconductor names suggests investors are locking in gains and reassessing high expectations, which is pressuring AMAT along with the rest of the sector despite solid fundamentals.

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.