995 Applied Materials, Inc. $AMAT Shares Purchased by Journey Retirement Planning & Investment Management LLC

Journey Retirement Planning & Investment Management LLC grew its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 112.8% during the third quarter, Holdings Channel.com reports. The firm owned 1,877 shares of the manufacturing equipment provider’s stock after acquiring an additional 995 shares during the period. Journey Retirement Planning & Investment Management LLC’s holdings in Applied Materials were worth $961,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in AMAT. BlackRock Inc. raised its holdings in shares of Applied Materials by 1.6% in the second quarter. BlackRock Inc. now owns 80,212,518 shares of the manufacturing equipment provider’s stock valued at $57,993,650,000 after buying an additional 1,237,685 shares during the last quarter. State Street Corp increased its position in Applied Materials by 85.4% in the 2nd quarter. State Street Corp now owns 69,525,842 shares of the manufacturing equipment provider’s stock valued at $50,267,184,000 after acquiring an additional 32,018,892 shares in the last quarter. Amundi raised its stake in shares of Applied Materials by 19.0% in the second quarter. Amundi now owns 7,808,207 shares of the manufacturing equipment provider’s stock worth $5,645,344,000 after acquiring an additional 1,246,876 shares during the last quarter. Van ECK Associates Corp lifted its position in shares of Applied Materials by 16.2% during the second quarter. Van ECK Associates Corp now owns 7,713,599 shares of the manufacturing equipment provider’s stock worth $5,576,932,000 after purchasing an additional 1,073,879 shares in the last quarter. Finally, Bank of America Corp DE acquired a new stake in shares of Applied Materials in the second quarter valued at approximately $5,252,863,000. Institutional investors own 80.56% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Sanford C. Bernstein upped their price objective on Applied Materials from $675.00 to $700.00 and gave the stock an “outperform” rating in a report on Friday, August 14th. Evercore upped their price target on Applied Materials from $515.00 to $700.00 and gave the company an “outperform” rating in a research note on Friday, June 26th. KeyCorp upped their target price on shares of Applied Materials from $550.00 to $750.00 and gave the company an “overweight” rating in a research report on Monday, June 29th. Bank of America reduced their target price on shares of Applied Materials from $720.00 to $650.00 and set a “buy” rating on the stock in a research note on Friday, August 14th. Finally, Seaport Research Partners reissued a “buy” rating and set a $575.00 price target (up from $500.00) on shares of Applied Materials in a research note on Friday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $640.20.

Applied Materials Stock Down 0.0%

AMAT traded down $0.11 during trading on Friday, reaching $509.46. The company had a trading volume of 1,293,777 shares, compared to its average volume of 7,856,717. The company has a market cap of $404.31 billion, a P/E ratio of 43.89, a PEG ratio of 1.45 and a beta of 1.60. Applied Materials, Inc. has a 12 month low of $203.40 and a 12 month high of $739.67. 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 business’s fifty day moving average price is $488.90 and its 200 day moving average price is $481.64.

Applied Materials (NASDAQ:AMAT) last announced its 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. The business had revenue of $9.12 billion for the quarter, compared to analyst estimates of $8.99 billion. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%.Applied Materials’s revenue for the quarter was up 24.8% compared to the same quarter last year. During the same quarter last year, the firm earned $2.48 EPS. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. Equities analysts anticipate that Applied Materials, Inc. will post 12.79 EPS for the current year.

Applied Materials Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Thursday, November 19th 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 of this dividend is Thursday, November 19th. Applied Materials’s dividend payout ratio is presently 18.28%.

Insider Buying and Selling

In other Applied Materials news, Director Judy Bruner sold 1,000 shares of the firm’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $465.00, for a total transaction of $465,000.00. Following the completion of the sale, the director owned 25,544 shares of the company’s stock, valued at $11,877,960. This trade represents a 3.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Brice Hill sold 7,500 shares of Applied Materials stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $479.25, for a total transaction of $3,594,375.00. Following the transaction, the chief financial officer directly owned 128,613 shares of the company’s stock, valued at approximately $61,637,780.25. This trade represents a 5.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 9,225 shares of company stock worth $4,454,181. Company insiders own 0.30% of the company’s stock.

Key Headlines Impacting Applied Materials

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

• Positive Sentiment: Wall Street coverage remains broadly supportive, with brokers suggesting investors consider Applied Materials. Analyst sentiment can provide near-term support, although the article does not identify a specific rating change or price target. Brokers Suggest Investing in Applied Materials
• Positive Sentiment: Applied Materials and UCLA Engineering announced a partnership at the EPIC Center to accelerate semiconductor research commercialization. Faster movement from laboratory breakthroughs to high-volume manufacturing could support future equipment demand and strengthen AMAT’s technology ecosystem. Applied Materials and UCLA Engineering Accelerate Semiconductor Innovation
• Positive Sentiment: Analyst commentary highlights momentum in Applied Materials’ Applied Global Services business, including recurring revenue, AI-enabled services and expected fab demand through 2030. This mix may improve revenue visibility and reduce dependence on equipment shipments. Can Applied Materials Sustain Momentum in Its AGS Business?
• Positive Sentiment: TSMC’s potential capital spending of up to $64 billion reinforces the outlook for advanced-chip manufacturing investment. A sustained TSMC buildout could translate into additional demand for Applied Materials’ process equipment. TSMC Plans Up to $64 Billion in Capex
• Neutral Sentiment: Recent comparisons with Qualcomm and Marvell emphasize AMAT’s improving revenue trajectory and AI exposure, while commentary comparing it with Lam Research and KLA presents a bullish investment case. These are valuation and strategy opinions rather than new company results.
• Negative Sentiment: Applied Materials declined 2.13% in the prior session, underperforming the broader market. A separate report attributed part of the weakness to insider selling, which may weigh on sentiment despite not necessarily changing the company’s operating outlook. Applied Materials Stock Falls After Insider Selling

Applied Materials Profile

Applied Materials, Inc is a global supplier of equipment, services and software used to manufacture semiconductor chips, flat-panel displays and other advanced electronic products. Its technologies help customers build and enhance materials at the nanoscale, supporting processes such as deposition, etching, inspection, metrology and packaging.

The company’s offerings include semiconductor manufacturing systems, process-control and inspection equipment, and services designed to improve the performance, productivity and longevity of production equipment.