First American Bank Buys 1,836 Shares of Applied Materials, Inc. $AMAT

First American Bank lifted its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 4.9% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 39,283 shares of the manufacturing equipment provider’s stock after buying an additional 1,836 shares during the period. First American Bank’s holdings in Applied Materials were worth $13,427,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Capital Research Global Investors grew its position in Applied Materials by 119.8% during the 4th quarter. Capital Research Global Investors now owns 32,707,049 shares of the manufacturing equipment provider’s stock worth $8,405,458,000 after acquiring an additional 17,829,377 shares during the last quarter. Norges Bank acquired a new position in Applied Materials in the 4th quarter worth about $2,858,543,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Applied Materials by 617.2% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,129,483 shares of the manufacturing equipment provider’s stock valued at $1,869,170,000 after purchasing an additional 7,856,576 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Applied Materials by 40.1% during the third quarter. Ameriprise Financial Inc. now owns 12,520,114 shares of the manufacturing equipment provider’s stock valued at $2,563,376,000 after purchasing an additional 3,583,751 shares in the last quarter. Finally, Auto Owners Insurance Co boosted its stake in shares of Applied Materials by 25,824.4% during the fourth quarter. Auto Owners Insurance Co now owns 3,370,167 shares of the manufacturing equipment provider’s stock valued at $86,610,000 after purchasing an additional 3,357,167 shares in the last quarter. 80.56% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, SVP Omkaram Nalamasu sold 24,263 shares of the stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $593.43, for a total transaction of $14,398,392.09. Following the completion of the sale, the senior vice president directly owned 146,916 shares in the company, valued at $87,184,361.88. This represents a 14.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Gary E. Dickerson sold 71,727 shares of Applied Materials stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $593.75, for a total transaction of $42,587,906.25. Following the transaction, the chief executive officer directly owned 1,695,164 shares of the company’s stock, valued at $1,006,503,625. This represents a 4.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 199,767 shares of company stock worth $114,104,709. Corporate insiders own 0.30% of the company’s stock.

Applied Materials Price Performance

Shares of AMAT opened at $586.54 on Thursday. The business has a 50-day moving average of $463.44 and a 200-day moving average of $372.78. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.51 and a quick ratio of 1.80. The company has a market capitalization of $465.69 billion, a price-to-earnings ratio of 55.07, a price-to-earnings-growth ratio of 1.63 and a beta of 1.67. Applied Materials, Inc. has a 1 year low of $154.46 and a 1 year high of $641.18.

Applied Materials (NASDAQ:AMAT) last announced its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, beating the consensus estimate of $2.68 by $0.18. The business had revenue of $7.91 billion for the quarter, compared to analysts’ expectations of $7.68 billion. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The firm’s revenue was up 11.4% on a year-over-year basis. During the same period in the prior year, the business posted $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. As a group, equities research analysts anticipate that Applied Materials, Inc. will post 12.1 earnings per share for the current year.

Applied Materials Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, August 20th. Applied Materials’s dividend payout ratio is currently 19.91%.

Trending Headlines about Applied Materials

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

• Positive Sentiment: Wells Fargo lifted its price target on Applied Materials to $715 from $520 and kept an Overweight rating, citing continued strength in semiconductor capital equipment demand and AI infrastructure spending. Is Applied Materials (AMAT) the Best All-Time High Stock with Legs to Rally Further?
• Positive Sentiment: Bank of America also raised its price target on AMAT to $720 from $540 and reiterated a Buy rating, suggesting analysts see additional upside from AI-led chip demand. Applied Materials price target raised by Bank of America
• Positive Sentiment: Recent coverage highlighted Applied Materials as a potential winner from growing semiconductor complexity and AI chip production, with some commentary arguing the stock may still be undervalued relative to long-term growth prospects. How Applied Materials Could Become the Next $1 Trillion Chip Stock
• Neutral Sentiment: Insider Prabu G. Raja sold 10,000 shares, a transaction that may get attention but does not necessarily signal a change in the company’s outlook. SEC Form 4 filing
• Neutral Sentiment: Applied Materials announced a quarterly dividend of $0.53 per share, which is supportive for income-focused investors but not a major short-term catalyst. Applied Materials insider trades and dividend announcement
• Negative Sentiment: Some recent articles noted that AMAT’s valuation has become stretched after a strong rally, which could limit near-term upside if AI spending expectations ease. Applied Materials Stock Looks Pricey—Can AI Demand Justify the Rally?

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Cantor Fitzgerald upped their price objective on Applied Materials from $575.00 to $650.00 and gave the company an “overweight” rating in a research note on Wednesday, June 10th. Mizuho lifted their target price on shares of Applied Materials from $500.00 to $540.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 27th. Stifel Nicolaus set a $530.00 target price on shares of Applied Materials in a report on Friday, May 15th. Erste Group Bank upgraded shares of Applied Materials from a “hold” rating to a “buy” rating in a research report on Monday, April 27th. Finally, Zacks Research downgraded shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $501.26.

Applied Materials Company 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.