Curated Wealth Partners LLC Sells 364,674 Shares of Applied Materials, Inc. $AMAT

Curated Wealth Partners LLC cut its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 99.4% in the 3rd quarter, HoldingsChannel reports. The fund owned 2,077 shares of the manufacturing equipment provider’s stock after selling 364,674 shares during the period. Curated Wealth Partners LLC’s holdings in Applied Materials were worth $1,062,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. JFS Wealth Advisors LLC increased its stake in shares of Applied Materials by 4.3% during the second quarter. JFS Wealth Advisors LLC now owns 409 shares of the manufacturing equipment provider’s stock worth $296,000 after purchasing an additional 17 shares in the last quarter. Innovative Asset Advisors Group LLC raised its position in shares of Applied Materials by 2.1% during the 2nd quarter. Innovative Asset Advisors Group LLC now owns 961 shares of the manufacturing equipment provider’s stock worth $695,000 after purchasing an additional 20 shares during the last quarter. Stonebridge Financial Group LLC raised its position in shares of Applied Materials by 2.1% during the 2nd quarter. Stonebridge Financial Group LLC now owns 1,003 shares of the manufacturing equipment provider’s stock worth $725,000 after purchasing an additional 21 shares during the last quarter. N.E.W. Advisory Services LLC lifted its stake in Applied Materials by 5.9% in the 2nd quarter. N.E.W. Advisory Services LLC now owns 377 shares of the manufacturing equipment provider’s stock valued at $273,000 after buying an additional 21 shares in the last quarter. Finally, IMG Wealth Management Inc. lifted its stake in Applied Materials by 13.0% in the 2nd quarter. IMG Wealth Management Inc. now owns 183 shares of the manufacturing equipment provider’s stock valued at $132,000 after buying an additional 21 shares in the last quarter. Institutional investors own 80.56% of the company’s stock.

Applied Materials Price Performance

Shares of NASDAQ AMAT traded down $18.22 during mid-day trading on Thursday, reaching $428.41. The company’s stock had a trading volume of 5,530,248 shares, compared to its average volume of 7,854,423. The stock has a 50-day moving average of $485.07 and a two-hundred day moving average of $484.96. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.79 and a current ratio of 2.42. The stock has a market capitalization of $339.99 billion, a P/E ratio of 36.87, a P/E/G ratio of 1.29 and a beta of 1.60. Applied Materials, Inc. has a 1-year low of $203.40 and a 1-year high of $739.67.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share for the quarter, topping analysts’ consensus estimates of $3.40 by $0.10. The firm had revenue of $9.12 billion for the quarter, compared to analyst estimates of $8.99 billion. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. Applied Materials’s quarterly revenue was up 24.8% on a year-over-year basis. During the same period in the previous year, the business posted $2.48 earnings per share. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. On average, equities research analysts anticipate that Applied Materials, Inc. will post 12.79 EPS for the current fiscal year.

Applied Materials Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Thursday, November 19th will be paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, November 19th. Applied Materials’s dividend payout ratio (DPR) is 18.28%.

More Applied Materials News

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

• Positive Sentiment: Applied Materials unveiled its EPIC Center, a planned semiconductor research and development hub involving Intel, Micron, SK Hynix and Samsung. The facility is intended to accelerate chip innovation and could strengthen AMAT’s strategic position as AI drives demand for more advanced manufacturing. Applied Materials Unveils $5 Billion EPIC Center for Semiconductor R&D
• Positive Sentiment: Applied Ventures invested in Flexcompute’s Physics World Model AI platform, supporting faster and more accurate semiconductor design and materials simulations. The initiative could improve chip-development efficiency and create longer-term opportunities for Applied Materials. Applied Materials Backs AI Physics Modeling Push
• Positive Sentiment: RBC reaffirmed its “outperform” rating and assigned a $600 price target, while other analyst commentary cited positive earnings-estimate revisions and potential upside. Investors are also weighing AMAT’s history of earnings beats and strong demand for AI-related wafer-fabrication equipment.
• Neutral Sentiment: Thirty-one exchange-traded funds added AMAT shares on October 13, indicating continued institutional exposure, although the purchases have not offset the recent selling pressure. 31 ETFs Add to Applied Materials
• Negative Sentiment: The main catalyst for the selloff was investor-day guidance that some investors viewed as uncertain or insufficiently ambitious for 2030. Concerns included the lack of clearer near-term financial targets and questions surrounding the stated $5 billion EPIC Center investment. Why Applied Materials Sank Today
• Negative Sentiment: AMAT was also pressured by profit-taking across semiconductor-equipment stocks after a powerful AI-driven rally. Weakness in chip shares, including a sharp decline in South Korea’s KOSPI, intensified the sector-wide risk-off move. Semiconductor Equipment Stocks Slide

Analysts Set New Price Targets

Several research firms recently issued reports on AMAT. JPMorgan Chase & Co. lifted their price objective on Applied Materials from $515.00 to $660.00 and gave the stock an “overweight” rating in a report on Friday, August 14th. New Street Research reduced their target price on Applied Materials from $580.00 to $525.00 and set a “neutral” rating for the company in a report on Friday, August 14th. Wall Street Zen raised Applied Materials from a “hold” rating to a “buy” rating in a report on Saturday, September 26th. B. Riley Financial restated a “buy” rating and issued a $700.00 target price (down from $790.00) on shares of Applied Materials in a research report on Friday, August 14th. Finally, Citigroup reaffirmed a “buy” rating and issued a $710.00 price target (up from $550.00) on shares of Applied Materials in a research note on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $637.14.

Insiders Place Their Bets

In other news, Director Judy Bruner sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $465.00, for a total transaction of $465,000.00. Following the transaction, the director directly owned 25,544 shares in the company, valued at $11,877,960. The trade was a 3.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Adam Sanders sold 725 shares of the business’s stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $544.56, for a total value of $394,806.00. Following the transaction, the chief accounting officer owned 3,181 shares in the company, valued at approximately $1,732,245.36. This represents a 18.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 9,225 shares of company stock valued at $4,454,181 in the last ninety days. 0.30% of the stock is currently owned by corporate insiders.

Applied Materials Profile

Applied Materials, Inc is a global supplier of equipment, services and software used to manufacture semiconductor chips, flat-panel displays and other advanced electronic products. Its technologies help customers build and enhance materials at the nanoscale, supporting processes such as deposition, etching, inspection, metrology and packaging.

The company’s offerings include semiconductor manufacturing systems, process-control and inspection equipment, and services designed to improve the performance, productivity and longevity of production equipment.