2,980 Shares in Applied Materials, Inc. $AMAT Purchased by Field & Main Bank

Field & Main Bank bought a new stake in Applied Materials, Inc. (NASDAQ:AMAT) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 2,980 shares of the manufacturing equipment provider’s stock, valued at approximately $2,155,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Cornerstone Financial Management LLC purchased a new position in Applied Materials during the 4th quarter worth approximately $25,000. Wilkerson Advisory Group LLC purchased a new stake in shares of Applied Materials in the 4th quarter valued at $26,000. Harborfront Financial Group LLC acquired a new stake in shares of Applied Materials in the second quarter worth $27,000. Financial Freedom LLC purchased a new position in shares of Applied Materials during the first quarter worth $28,000. Finally, Dogwood Wealth Management LLC raised its holdings in shares of Applied Materials by 52.4% during the fourth quarter. Dogwood Wealth Management LLC now owns 128 shares of the manufacturing equipment provider’s stock worth $33,000 after purchasing an additional 44 shares during the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Insider Buying and Selling at Applied Materials

In other Applied Materials news, 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 transaction of $5,547,872.50. Following the transaction, the director directly owned 40,559 shares of the company’s stock, valued at $24,326,071.43. The trade was a 18.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Timothy M. Deane sold 8,621 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $590.76, for a total transaction 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. The trade was a 6.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 284,192 shares of company stock worth $172,625,209. Corporate insiders own 0.30% of the company’s stock.

Wall Street Analysts Forecast Growth

AMAT has been the topic of several recent research reports. 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 reiterated a “buy” rating and set a $700.00 price objective on shares of Applied Materials in a research note on Friday, August 14th. HC Wainwright set a $850.00 target price on Applied Materials in a research note on Monday, June 29th. Barclays raised their target price on Applied Materials from $500.00 to $590.00 and gave the stock an “overweight” rating in a report on Thursday, June 11th. Finally, KeyCorp lifted their price target on Applied Materials from $550.00 to $750.00 and gave the company an “overweight” rating in a research report on Monday, June 29th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $657.76.

More Applied Materials News

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

• Positive Sentiment: Semiconductor and AI demand remains strong: Recent coverage highlights Applied Materials’ $9.12 billion third-quarter revenue, up 25% year over year, and non-GAAP EPS of $3.50, up 41%. Management cited record demand visibility from AI infrastructure, more than 10 new fab projects during the quarter and fourth-quarter revenue guidance of $10.25 billion. The company is also continuing share repurchases and investing $5 billion in its EPIC Center to accelerate semiconductor innovation. The AI Buildout Is Turning Applied Materials Into A Profit Machine
• Positive Sentiment: New board member adds semiconductor expertise: AMAT appointed Akash Palkhiwala, Qualcomm’s CFO and COO, to its board and Audit Committee. His finance, operations and industry experience could strengthen oversight as Applied Materials pursues growth tied to advanced logic, memory and AI chip production. Applied Materials Appoints Akash Palkhiwala to Board of Directors
• Neutral Sentiment: Options market signals elevated uncertainty: A new analysis says options pricing for roughly one year ahead implies a particularly wide potential trading range, extending materially below and above the current level. That suggests investors should expect significant volatility rather than providing a clear directional signal. How Far Applied Materials Stock Can Move In A Year
• Negative Sentiment: CFO share sale may weigh modestly on sentiment: CFO Brice Hill sold 7,500 AMAT shares for approximately $3.6 million, reducing his direct holdings by 5.51%. The sale does not alter the company’s operating outlook, but insider selling can create a limited short-term sentiment overhang. SEC Insider Transaction Filing

Applied Materials Trading Down 4.3%

AMAT opened at $461.67 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.42 and a quick ratio of 1.79. The company’s 50 day simple moving average is $550.80 and its two-hundred day simple moving average is $456.77. Applied Materials, Inc. has a 1-year low of $154.46 and a 1-year high of $739.67. The firm has a market capitalization of $366.38 billion, a price-to-earnings ratio of 39.80, a price-to-earnings-growth ratio of 0.99 and a beta of 1.61.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.40 by $0.10. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%.The business had revenue of $9.12 billion during the quarter, compared to analyst estimates of $8.99 billion. During the same period in the prior year, the business earned $2.48 earnings per share. The business’s revenue was up 24.8% compared to the same quarter last year. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. Analysts expect that Applied Materials, Inc. will post 12.76 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be paid a $0.53 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.5%. Applied Materials’s dividend payout ratio (DPR) is 18.28%.

Applied Materials Company 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.