Applied Materials (NASDAQ:AMAT) Stock Price Down 2% – Time to Sell?

Applied Materials, Inc. (NASDAQ:AMATGet Free Report)’s share price fell 2% during mid-day trading on Thursday . The company traded as low as $317.46 and last traded at $318.79. 5,943,326 shares were traded during mid-day trading, a decline of 26% from the average session volume of 8,032,687 shares. The stock had previously closed at $325.24.

Trending Headlines about Applied Materials

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

Analyst Upgrades and Downgrades

Several brokerages recently commented on AMAT. The Goldman Sachs Group restated a “buy” rating and set a $310.00 target price on shares of Applied Materials in a report on Friday, January 9th. Craig Hallum reaffirmed a “hold” rating and set a $190.00 price target on shares of Applied Materials in a research report on Friday, November 14th. Wells Fargo & Company increased their price objective on Applied Materials from $290.00 to $350.00 and gave the company an “overweight” rating in a report on Thursday, January 15th. Deutsche Bank Aktiengesellschaft raised shares of Applied Materials from a “hold” rating to a “buy” rating and raised their target price for the company from $275.00 to $390.00 in a research note on Friday. Finally, B. Riley reaffirmed a “buy” rating on shares of Applied Materials in a research report on Thursday, January 15th. Twenty-three investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $294.75.

Check Out Our Latest Report on AMAT

Applied Materials Stock Up 1.2%

The company has a market cap of $255.70 billion, a price-to-earnings ratio of 37.15, a P/E/G ratio of 3.31 and a beta of 1.67. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.61 and a quick ratio of 1.87. The firm has a 50-day moving average price of $270.76 and a 200 day moving average price of $222.39.

Applied Materials (NASDAQ:AMATGet Free Report) last issued its quarterly earnings data on Thursday, November 13th. The manufacturing equipment provider reported $2.17 EPS for the quarter, beating analysts’ consensus estimates of $2.11 by $0.06. Applied Materials had a return on equity of 39.26% and a net margin of 24.67%.The firm had revenue of $6.80 billion for the quarter, compared to analyst estimates of $6.68 billion. During the same period in the prior year, the firm posted $2.32 EPS. The company’s revenue for the quarter was down 3.5% on a year-over-year basis. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. Sell-side analysts predict that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Thursday, February 19th will be given a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Thursday, February 19th. Applied Materials’s dividend payout ratio is presently 21.20%.

Insider Activity at Applied Materials

In other news, SVP Teri A. Little sold 4,000 shares of Applied Materials stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $238.24, for a total value of $952,960.00. Following the completion of the sale, the senior vice president directly owned 84,351 shares in the company, valued at approximately $20,095,782.24. The trade was a 4.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Adam Sanders sold 609 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $255.53, for a total value of $155,617.77. Following the completion of the sale, the chief accounting officer owned 4,413 shares of the company’s stock, valued at approximately $1,127,653.89. This trade represents a 12.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 8,609 shares of company stock worth $2,044,898 over the last ninety days. Insiders own 0.24% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Marquette Asset Management LLC raised its position in shares of Applied Materials by 150.0% in the 3rd quarter. Marquette Asset Management LLC now owns 125 shares of the manufacturing equipment provider’s stock valued at $26,000 after buying an additional 75 shares in the last quarter. Redmont Wealth Advisors LLC acquired a new position in Applied Materials during the third quarter valued at approximately $26,000. Highline Wealth Partners LLC lifted its stake in Applied Materials by 48.7% during the fourth quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock worth $30,000 after purchasing an additional 38 shares during the last quarter. Financial Gravity Companies Inc. acquired a new stake in shares of Applied Materials in the 2nd quarter valued at $31,000. Finally, Manning & Napier Advisors LLC bought a new position in shares of Applied Materials in the 3rd quarter valued at $31,000. Institutional investors own 80.56% of the company’s stock.

About Applied Materials

(Get Free Report)

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.

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