4,612 Shares in Applied Materials, Inc. $AMAT Bought by Abacus Wealth Partners LLC

Abacus Wealth Partners LLC acquired a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 4,612 shares of the manufacturing equipment provider’s stock, valued at approximately $1,185,000.

Several other hedge funds also recently bought and sold shares of AMAT. Godsey & Gibb Inc. raised its position in shares of Applied Materials by 2.6% during the fourth quarter. Godsey & Gibb Inc. now owns 1,298 shares of the manufacturing equipment provider’s stock valued at $334,000 after buying an additional 33 shares during the last quarter. Family Capital Management Inc. raised its position in shares of Applied Materials by 0.8% during the fourth quarter. Family Capital Management Inc. now owns 4,227 shares of the manufacturing equipment provider’s stock valued at $1,086,000 after buying an additional 33 shares during the last quarter. Denali Advisors LLC raised its stake in shares of Applied Materials by 0.7% in the 4th quarter. Denali Advisors LLC now owns 4,582 shares of the manufacturing equipment provider’s stock valued at $1,178,000 after buying an additional 34 shares in the last quarter. Traveka Wealth LLC raised its stake in shares of Applied Materials by 2.6% in the 4th quarter. Traveka Wealth LLC now owns 1,404 shares of the manufacturing equipment provider’s stock valued at $361,000 after buying an additional 36 shares in the last quarter. Finally, Highline Wealth Partners LLC raised its stake in shares of Applied Materials by 48.7% in the 4th quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock valued at $30,000 after buying an additional 38 shares in the last quarter. Hedge funds and other institutional investors own 80.56% of the company’s stock.

More Applied Materials News

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

• Positive Sentiment: Applied Materials posted record Q2 results, beating EPS and revenue expectations and lifting its outlook, with management citing strong AI infrastructure spending as a key growth driver. Applied Materials Announces Second Quarter 2026 Results
• Positive Sentiment: Wall Street turned more bullish after the report, with multiple firms raising price targets, including Bank of America, JPMorgan, Mizuho, Morgan Stanley, Needham, and KeyCorp, reinforcing confidence in multi-year earnings growth. Applied Materials Sees Multi-Year AI Boom Driving Record Revenue And Growth Through 2028
• Positive Sentiment: Several analysts highlighted a durable AI-driven semiconductor upcycle, suggesting Applied Materials could sustain elevated demand and margins through 2027-2028. Krish Sankar Reaffirms Buy on Applied Materials
• Neutral Sentiment: The broader market backdrop is weaker, with major indexes down as Treasury yields and oil prices rise, which is adding headwinds for high-valuation tech and AI stocks. Stock Market Today: Dow Falls As Oil Prices, Yields Jump; Applied Materials, Nvidia, Cerebras Slide
• Negative Sentiment: Even with the strong earnings report, the stock is slipping as investors rotate out after a sharp year-to-date rally, showing some concern that expectations may already be very high. Applied Materials slips despite record quarter and strong outlook (AMAT)

Insider Activity

In other news, Director Judy Bruner sold 3,969 shares of the firm’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $377.02, for a total value of $1,496,392.38. Following the transaction, the director owned 28,589 shares of the company’s stock, valued at approximately $10,778,624.78. This trade represents a 12.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Brice Hill sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $361.21, for a total transaction of $1,806,050.00. Following the completion of the transaction, the chief financial officer directly owned 138,565 shares in the company, valued at $50,051,063.65. This trade represents a 3.48% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 12,003 shares of company stock valued at $4,484,189. 0.30% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on AMAT shares. DZ Bank upgraded shares of Applied Materials to a “hold” rating in a research note on Monday, February 16th. KeyCorp increased their price objective on shares of Applied Materials from $450.00 to $550.00 and gave the company an “overweight” rating in a research note on Friday. Morgan Stanley increased their price objective on shares of Applied Materials from $454.00 to $502.00 and gave the company an “overweight” rating in a research note on Friday. Wolfe Research increased their price objective on shares of Applied Materials from $500.00 to $550.00 and gave the company an “outperform” rating in a research note on Friday. Finally, Barclays increased their price objective on shares of Applied Materials from $450.00 to $500.00 and gave the company an “overweight” rating in a research note on Friday. Twenty-seven investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, Applied Materials has a consensus rating of “Moderate Buy” and an average target price of $463.89.

Applied Materials Stock Down 0.9%

Shares of NASDAQ AMAT opened at $436.62 on Friday. The firm has a market capitalization of $346.51 billion, a PE ratio of 41.00, a price-to-earnings-growth ratio of 1.94 and a beta of 1.66. The company has a current ratio of 2.71, a quick ratio of 1.94 and a debt-to-equity ratio of 0.30. Applied Materials, Inc. has a 1 year low of $153.47 and a 1 year high of $448.45. The firm’s 50-day moving average is $379.09 and its 200-day moving average is $319.44.

Applied Materials (NASDAQ:AMAT) last issued its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.68 by $0.18. The company had revenue of $7.91 billion for the quarter, compared to analyst estimates of $7.68 billion. Applied Materials had a net margin of 29.31% and a return on equity of 38.48%. The company’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same quarter last year, the firm earned $2.39 EPS. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Equities analysts expect that Applied Materials, Inc. will post 11.28 EPS for the current year.

Applied Materials Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Thursday, May 21st will be paid a $0.53 dividend. This is a boost from Applied Materials’s previous quarterly dividend of $0.46. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $2.12 annualized dividend and a dividend yield of 0.5%. Applied Materials’s payout ratio is 18.83%.

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.