Applied Materials, Inc. $AMAT Stock Sold by Patton Albertson Miller Group LLC

Patton Albertson Miller Group LLC cut its position in Applied Materials, Inc. (NASDAQ:AMAT) by 4.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,358 shares of the manufacturing equipment provider’s stock after selling 1,494 shares during the quarter. Applied Materials comprises approximately 1.8% of Patton Albertson Miller Group LLC’s holdings, making the stock its 13th biggest position. Patton Albertson Miller Group LLC’s holdings in Applied Materials were worth $18,081,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of AMAT. RD Finance Ltd acquired a new position in Applied Materials during the third quarter worth approximately $2,035,000. Deltec Asset Management LLC raised its stake in Applied Materials by 6.5% in the third quarter. Deltec Asset Management LLC now owns 2,450 shares of the manufacturing equipment provider’s stock valued at $1,253,000 after buying an additional 150 shares during the period. Plimoth Trust Co. LLC lifted its position in shares of Applied Materials by 5.9% in the third quarter. Plimoth Trust Co. LLC now owns 27,618 shares of the manufacturing equipment provider’s stock valued at $14,123,000 after buying an additional 1,545 shares during the last quarter. Westover Capital Advisors LLC lifted its position in shares of Applied Materials by 2.3% in the third quarter. Westover Capital Advisors LLC now owns 6,823 shares of the manufacturing equipment provider’s stock valued at $3,489,000 after buying an additional 155 shares during the last quarter. Finally, Peterson Wealth Services lifted its position in shares of Applied Materials by 6.9% in the third quarter. Peterson Wealth Services now owns 2,038 shares of the manufacturing equipment provider’s stock valued at $1,042,000 after buying an additional 131 shares during the last quarter. Institutional investors own 80.56% of the company’s stock.

Insider Buying and Selling

In other Applied Materials news, Director Judy Bruner sold 1,000 shares of the stock in a transaction that occurred on Tuesday, September 8th. The shares were 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 approximately $11,877,960. This represents a 3.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Adam Sanders sold 725 shares of the firm’s stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $544.56, for a total transaction of $394,806.00. Following the transaction, the chief accounting officer owned 3,181 shares of the company’s stock, valued at approximately $1,732,245.36. The trade was a 18.56% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 9,225 shares of company stock valued at $4,454,181 over the last ninety days. 0.30% of the stock is owned by company insiders.

Applied Materials Stock Up 2.7%

Shares of NASDAQ:AMAT opened at $387.59 on Tuesday. The firm has a market cap of $307.59 billion, a P/E ratio of 33.41, a P/E/G ratio of 1.05 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 business has a fifty day simple moving average of $468.42 and a 200 day simple moving average of $440.96. 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 released its quarterly earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 EPS for the quarter, beating analysts’ consensus estimates of $3.40 by $0.10. The firm 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%. The business’s revenue was up 24.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.48 EPS. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. Analysts predict that Applied Materials, Inc. will post 12.79 earnings per share for the current year.

Applied Materials Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Thursday, November 19th will be paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, November 19th. Applied Materials’s payout ratio is currently 18.28%.

Applied Materials News Summary

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

• Positive Sentiment: Expanded Besi investment strengthens advanced-packaging strategy. Applied Materials agreed to increase its stake in Besi to approximately 20% through an accelerated share purchase. The investment gives AMAT deeper exposure to semiconductor assembly and advanced-packaging equipment, areas expected to benefit from increasingly complex chips and AI infrastructure. Applied Materials to Increase its Strategic Investment in BE Semiconductor Industries
• Positive Sentiment: Margin expansion remains a key bullish theme. Coverage highlighted investor focus on Applied Materials’ ambition to achieve roughly 40% margins. Progress toward that goal could support earnings growth and reinforce the company’s premium valuation. Applied Materials Stocks Gain With 40% Margin Ambition in Focus
• Positive Sentiment: Analyst earnings estimates were raised. Erste Group Bank analysts increased their earnings expectations for AMAT, providing an additional positive signal for the semiconductor-equipment maker’s profit outlook. Erste Group Bank Analysts Raise Earnings Estimates for AMAT
• Neutral Sentiment: Market coverage noted that Applied Materials outperformed the broader market during the latest session, but the report offered limited new fundamental information. Applied Materials Surpasses Market Returns
• Negative Sentiment: AI-spending and valuation risks remain. Bearish commentary argued that cooling enthusiasm toward AI and a potential slowdown in semiconductor capital expenditures could pressure equipment demand, although AMAT’s durable long-term growth prospects may limit the downside. Applied Materials’ Meltdown Is a Gift as Durable Capex Meets Cooling AI Sentiments

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Cantor Fitzgerald reiterated an “overweight” rating on shares of Applied Materials in a research note on Tuesday, October 20th. Evercore set a $590.00 price target on Applied Materials in a research note on Thursday, October 15th. TD Cowen reaffirmed a “buy” rating and set a $700.00 price target on shares of Applied Materials in a report on Friday, August 14th. Stifel Nicolaus raised their price target on Applied Materials from $530.00 to $650.00 and gave the company a “buy” rating in a report on Friday, July 10th. Finally, B. Riley Financial reaffirmed a “buy” rating and set a $700.00 price objective (down from $790.00) on shares of Applied Materials in a research report on Friday, August 14th. Thirty equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $632.70.

Applied Materials Profile

Applied Materials, Inc is a technology company that supplies equipment, services and software used to manufacture semiconductors and advanced displays. Its products help customers fabricate the integrated circuits and other components used in computers, mobile devices, data centers, automobiles and a range of connected technologies.

The company’s offerings include systems for materials engineering, wafer fabrication, inspection and process control, along with equipment and services designed to improve manufacturing productivity and yield.