Applied Materials, Inc. $AMAT Shares Sold by Calamos Advisors LLC

Calamos Advisors LLC cut its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 7.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 279,893 shares of the manufacturing equipment provider’s stock after selling 23,502 shares during the quarter. Calamos Advisors LLC’s holdings in Applied Materials were worth $143,132,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of AMAT. State Street Corp increased its holdings in Applied Materials by 85.4% during the 2nd quarter. State Street Corp now owns 69,525,842 shares of the manufacturing equipment provider’s stock worth $50,267,184,000 after purchasing an additional 32,018,892 shares in the last quarter. Bank of America Corp DE bought a new position in shares of Applied Materials during the 2nd quarter worth approximately $5,252,863,000. Jupiter Topco LLC acquired a new stake in shares of Applied Materials in the second quarter valued at approximately $1,512,287,000. Amundi boosted its holdings in Applied Materials by 19.0% during the second quarter. Amundi now owns 7,808,207 shares of the manufacturing equipment provider’s stock worth $5,645,344,000 after purchasing an additional 1,246,876 shares during the last quarter. Finally, BlackRock Inc. grew its position in 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 purchasing an additional 1,237,685 shares in the last quarter. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Applied Materials News Roundup

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

• Positive Sentiment: A rally in chip-equipment shares is lifting AMAT ahead of its fiscal fourth-quarter results, scheduled for November 12. The sector move followed Lam Research’s announcement of a $25 billion share buyback. Article: Applied Materials Stocks Rise as Chip Equipment Rallies Ahead of Earnings
• Positive Sentiment: AI-related equipment demand and growth in advanced packaging are cited as longer-term supports for Applied Materials, despite the recent pullback in chip stocks. Article: AMAT Shares Plunge 30% in a Month: Should You Buy, Sell or Hold?
• Neutral Sentiment: The upcoming results are a key near-term catalyst: investors will assess whether demand and equipment-spending expectations hold up in a more cautious investment environment. Article: Applied Materials Stocks Fall Before a Revenue Test
• Negative Sentiment: The rebound follows a sharp chip-stock sell-off, with investors worried that data-center spending could slow; weak Qualcomm guidance added to sector concerns. AMAT also recently faced pressure after an analyst downgrade. Article: Chip Stock Rout Deepens Article: Applied Materials Stock Falls After Analyst Downgrade

Insider Buying and Selling

In related news, CFO Brice Hill sold 7,500 shares of the business’s stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $479.25, for a total value of $3,594,375.00. Following the completion of the sale, the chief financial officer directly owned 128,613 shares in the company, valued at $61,637,780.25. The trade was a 5.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Judy Bruner sold 1,000 shares of the company’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $465.00, for a total value of $465,000.00. Following the completion of the transaction, the director directly owned 25,544 shares in the company, valued at approximately $11,877,960. This represents a 3.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 9,225 shares of company stock valued at $4,454,181. Insiders own 0.30% of the company’s stock.

Applied Materials Stock Performance

Shares of AMAT traded up $13.46 during trading hours on Friday, hitting $332.71. The company had a trading volume of 9,456,460 shares, compared to its average volume of 7,369,214. The business has a fifty day moving average of $444.84 and a 200-day moving average of $444.66. The company has a quick ratio of 1.79, a current ratio of 2.42 and a debt-to-equity ratio of 0.20. The firm has a market cap of $264.04 billion, a price-to-earnings ratio of 28.68, a PEG ratio of 0.73 and a beta of 1.67. Applied Materials, Inc. has a 12 month low of $203.40 and a 12 month high of $739.67.

Applied Materials (NASDAQ:AMAT) last announced its earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 EPS for the quarter, topping the consensus estimate of $3.40 by $0.10. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The business had revenue of $9.12 billion during the quarter, compared to the consensus estimate of $8.99 billion. During the same quarter in the previous year, the firm posted $2.48 EPS. Applied Materials’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. Equities analysts anticipate that Applied Materials, Inc. will post 12.79 EPS 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. Investors of record on Thursday, November 19th will be issued a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Thursday, November 19th. Applied Materials’s dividend payout ratio (DPR) is presently 18.28%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on AMAT. Cantor Fitzgerald reiterated an “overweight” rating on shares of Applied Materials in a research note on Tuesday, October 20th. B. Riley Financial restated a “buy” rating and set a $700.00 price objective (down from $790.00) on shares of Applied Materials in a research note on Friday, August 14th. Stifel Nicolaus raised their price objective on Applied Materials from $530.00 to $650.00 and gave the company a “buy” rating in a report on Friday, July 10th. Erste Group Bank lowered Applied Materials from a “buy” rating to a “hold” rating in a report on Wednesday, August 5th. Finally, HSBC decreased their price target on Applied Materials from $683.00 to $641.00 and set a “buy” rating for the company in a research note 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. Based on data from MarketBeat, Applied Materials has an average rating of “Moderate Buy” and a consensus target price of $632.01.

Applied Materials Company Profile

Applied Materials, Inc develops and supplies equipment, software and services used to manufacture semiconductors and advanced displays. Its technologies help customers build and process materials at the microscopic scale required for chips and other electronic products.

The company’s offerings include systems for depositing, removing and modifying materials, as well as inspection, measurement and process-control tools. It also provides equipment and services for advanced semiconductor packaging and supports customers with maintenance, upgrades and manufacturing software.

Founded in 1967 and headquartered in Santa Clara, California, Applied Materials serves semiconductor and display manufacturers around the world.