Applied Materials, Inc. $AMAT Shares Bought by Cibc World Market Inc.

Cibc World Market Inc. raised its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 132.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 592,211 shares of the manufacturing equipment provider’s stock after purchasing an additional 337,271 shares during the period. Cibc World Market Inc.’s holdings in Applied Materials were worth $428,169,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Harborfront Financial Group LLC purchased a new stake in shares of Applied Materials during the second quarter worth approximately $27,000. BOK Financial Private Wealth Inc. acquired a new position in shares of Applied Materials during the 2nd quarter worth approximately $41,000. Financial Freedom LLC acquired a new position in Applied Materials during the first quarter worth $28,000. Elevation Wealth Partners LLC grew its holdings in Applied Materials by 34.8% in the 2nd quarter. Elevation Wealth Partners LLC now owns 93 shares of the manufacturing equipment provider’s stock valued at $67,000 after buying an additional 24 shares in the last quarter. Finally, Cornerstone Financial Management LLC purchased a new stake in Applied Materials in the 4th quarter valued at $25,000. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Stock Down 0.9%

Shares of NASDAQ:AMAT opened at $480.04 on Wednesday. The firm’s 50 day moving average price is $558.87 and its 200 day moving average price is $454.37. The stock has a market cap of $380.96 billion, a price-to-earnings ratio of 41.38, a price-to-earnings-growth ratio of 1.04 and a beta of 1.61. Applied Materials, Inc. has a fifty-two week low of $154.46 and a fifty-two week high of $739.67. The company has a quick ratio of 1.79, a current ratio of 2.42 and a debt-to-equity ratio of 0.20.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 EPS for the quarter, topping the consensus estimate of $3.40 by $0.10. The company had revenue of $9.12 billion during the quarter, compared to analysts’ expectations of $8.99 billion. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The firm’s revenue was up 24.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.48 EPS. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. As a group, equities research analysts predict that Applied Materials, Inc. will post 12.73 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. Investors 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 yield of 0.4%. The ex-dividend date of this dividend is Thursday, August 20th. Applied Materials’s dividend payout ratio is 18.28%.

Insider Transactions at Applied Materials

In related news, SVP Timothy M. Deane sold 8,621 shares of the stock in a transaction on Monday, June 15th. The shares were sold at an average price of $590.76, for a total value of $5,092,941.96. Following the transaction, the senior vice president directly owned 134,631 shares of the company’s stock, valued at $79,534,609.56. This trade represents a 6.02% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Omkaram Nalamasu sold 24,263 shares of the company’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 transaction, the senior vice president owned 146,916 shares of the company’s stock, valued at $87,184,361.88. This represents a 14.17% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 276,692 shares of company stock valued at $169,030,834 over the last three months. 0.30% of the stock is owned by corporate insiders.

Key Applied Materials News

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

• Positive Sentiment: Goldman Sachs reportedly named Applied Materials a “top pick,” citing the company’s exposure to the continued buildout of AI infrastructure and chip-manufacturing capacity. Applied Materials Stock Is Named a Top Pick at Goldman Sachs
• Positive Sentiment: Analysts see significant upside after the stock’s decline from its high, with AI-driven semiconductor investment and record quarterly revenue supporting bullish price targets. One report cited an average target near $641, implying roughly 32% potential appreciation from recent levels. Wall Street Sees Rally Despite Decline From Peak
• Positive Sentiment: Applied Materials is viewed as a key beneficiary of AI infrastructure spending because its equipment and engineering solutions are essential to advanced semiconductor manufacturing. Why Investors Should Buy the Dip in AMAT
• Neutral Sentiment: Mizuho lowered its Applied Materials price target from $650 to $590 but retained an “outperform” rating. The reduced target reflects more cautious expectations, while the rating still indicates confidence in the company’s longer-term prospects. Benzinga
• Neutral Sentiment: The reported August short-interest figures show zero shares and a mathematically invalid change, making the data unreliable and unlikely to provide a meaningful trading signal.
• Negative Sentiment: Semiconductor stocks broadly declined as investors reduced risk ahead of NVIDIA’s results, weighing on Applied Materials alongside other chipmakers. Semiconductor Stocks Slide Ahead of NVIDIA Earnings

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Wells Fargo & Company boosted their target price on shares of Applied Materials from $715.00 to $740.00 and gave the company an “overweight” rating in a report on Friday, June 26th. Morgan Stanley reduced their price target on shares of Applied Materials from $646.00 to $642.00 and set an “equal weight” rating on the stock in a research report on Friday, August 14th. William Blair started coverage on Applied Materials in a research note on Tuesday, August 11th. They set a “market perform” rating for the company. Wolfe Research upped their price target on Applied Materials from $500.00 to $550.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Applied Materials in a report on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $657.76.

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.