Applied Materials, Inc. $AMAT Holdings Boosted by Jackson Square Capital LLC

Jackson Square Capital LLC lifted its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 8.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 18,205 shares of the manufacturing equipment provider’s stock after acquiring an additional 1,342 shares during the quarter. Applied Materials makes up approximately 1.4% of Jackson Square Capital LLC’s investment portfolio, making the stock its 18th largest position. Jackson Square Capital LLC’s holdings in Applied Materials were worth $9,310,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Harborfront Financial Group LLC acquired a new position in Applied Materials during the second quarter valued at approximately $27,000. Financial Freedom LLC acquired a new position in shares of Applied Materials during the 1st quarter worth approximately $28,000. Dakota Community Bank & Trust NA acquired a new position in shares of Applied Materials during the 3rd quarter worth approximately $31,000. Orion Capital Management LLC bought a new stake in shares of Applied Materials during the 2nd quarter worth approximately $33,000. Finally, Highland Investment Advisors LLC bought a new stake in shares of Applied Materials during the 2nd quarter worth approximately $33,000. Institutional investors own 80.56% of the company’s stock.

Insider Buying and Selling at Applied Materials

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 value of $465,000.00. Following the sale, the director owned 25,544 shares of the company’s stock, valued at approximately $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 can be accessed through the SEC website. Also, CFO Brice Hill sold 7,500 shares of Applied Materials stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $479.25, for a total value of $3,594,375.00. Following the completion of the transaction, the chief financial officer owned 128,613 shares in the company, valued at approximately $61,637,780.25. The trade was a 5.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 9,225 shares of company stock worth $4,454,181 over the last three months. Corporate insiders own 0.30% of the company’s stock.

Applied Materials Stock Performance

NASDAQ AMAT traded up $9.51 during trading on Monday, reaching $418.80. 2,684,212 shares of the company’s stock were exchanged, compared to its average volume of 7,865,418. The business has a 50 day moving average price of $480.52 and a 200-day moving average price of $486.23. The stock has a market capitalization of $332.36 billion, a P/E ratio of 36.19, a PEG ratio of 1.14 and a beta of 1.60. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.42 and a quick ratio of 1.79. Applied Materials, Inc. has a fifty-two week low of $203.40 and a fifty-two week high of $739.67.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings data on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.40 by $0.10. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%. The firm had revenue of $9.12 billion for the quarter, compared to analyst estimates of $8.99 billion. During the same quarter in the prior year, the company earned $2.48 earnings per share. The business’s revenue for the quarter 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. Sell-side analysts forecast that Applied Materials, Inc. will post 12.79 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Thursday, November 19th will be issued a dividend of $0.53 per share. 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 dividend payout ratio is 18.28%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Berenberg Bank increased their price objective on Applied Materials from $575.00 to $675.00 and gave the company a “buy” rating in a report on Monday, August 17th. Cantor Fitzgerald reissued an “outperform” rating on shares of Applied Materials in a research note on Tuesday, October 13th. Craig Hallum boosted their target price on shares of Applied Materials from $530.00 to $585.00 and gave the stock a “buy” rating in a report on Friday, August 14th. Needham & Company LLC dropped their price target on shares of Applied Materials from $740.00 to $580.00 and set a “buy” rating on the stock in a research report on Friday. Finally, Susquehanna upped their price target on shares of Applied Materials from $575.00 to $900.00 and gave the stock a “positive” rating in a research report on Tuesday, June 30th. Thirty 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 currently has a consensus rating of “Moderate Buy” and a consensus price target 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.