Capital International Sarl Has $7.49 Million Stock Position in Applied Materials, Inc. $AMAT

Capital International Sarl grew its position in Applied Materials, Inc. (NASDAQ:AMAT) by 64.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 29,160 shares of the manufacturing equipment provider’s stock after buying an additional 11,427 shares during the period. Capital International Sarl’s holdings in Applied Materials were worth $7,494,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Redmont Wealth Advisors LLC acquired a new stake in shares of Applied Materials in the 3rd quarter valued at $26,000. Highline Wealth Partners LLC increased 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 during the period. Joseph Group Capital Management acquired a new stake in shares of Applied Materials in the 4th quarter valued at $31,000. Dogwood Wealth Management LLC boosted its position in shares of Applied Materials by 52.4% in the 4th quarter. Dogwood Wealth Management LLC now owns 128 shares of the manufacturing equipment provider’s stock worth $33,000 after purchasing an additional 44 shares during the last quarter. Finally, IMG Wealth Management Inc. boosted its position in shares of Applied Materials by 147.2% in the 4th quarter. IMG Wealth Management Inc. now owns 131 shares of the manufacturing equipment provider’s stock worth $34,000 after purchasing an additional 78 shares during the last quarter. 80.56% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on AMAT shares. Zacks Research lowered Applied Materials from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. DZ Bank upgraded Applied Materials to a “hold” rating in a research report on Monday, February 16th. UBS Group raised their price target on Applied Materials from $480.00 to $515.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Truist Financial set a $575.00 price target on Applied Materials in a research report on Thursday, May 28th. Finally, Needham & Company LLC raised their price target on Applied Materials from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Twenty-seven research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $470.13.

Insider Transactions at Applied Materials

In other news, CAO Adam Sanders sold 268 shares of the business’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $434.22, for a total value of $116,370.96. Following the sale, the chief accounting officer directly owned 4,280 shares in the company, valued at $1,858,461.60. The trade was a 5.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Judy Bruner sold 1,128 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $450.00, for a total value of $507,600.00. Following the completion of the sale, the director owned 26,544 shares in the company, valued at approximately $11,944,800. This trade represents a 4.08% 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 have sold 53,896 shares of company stock valued at $27,135,121. 0.30% of the stock is currently owned by company insiders.

Applied Materials Stock Performance

AMAT stock opened at $453.01 on Monday. The business’s 50-day moving average price is $408.94 and its two-hundred day moving average price is $343.11. The company has a current ratio of 2.51, a quick ratio of 1.80 and a debt-to-equity ratio of 0.22. The firm has a market cap of $359.67 billion, a PE ratio of 42.54, a P/E/G ratio of 1.27 and a beta of 1.67. Applied Materials, Inc. has a 1-year low of $154.46 and a 1-year high of $510.75.

Applied Materials (NASDAQ:AMAT) last posted its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, topping the consensus estimate of $2.68 by $0.18. The firm had revenue of $7.91 billion for the quarter, compared to analyst estimates of $7.68 billion. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The company’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same period in the previous year, the company posted $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. As a group, research analysts forecast that Applied Materials, Inc. will post 12.02 earnings per share for the current year.

Applied Materials Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Thursday, May 21st will be issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.5%. This is a positive change from Applied Materials’s previous quarterly dividend of $0.46. The ex-dividend date is Thursday, May 21st. Applied Materials’s dividend payout ratio is presently 19.91%.

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.