Sen. Markwayne Mullin Buys Applied Materials, Inc. (NASDAQ:AMAT) Stock

Senator Markwayne Mullin (R-Oklahoma) recently bought shares of Applied Materials, Inc. (NASDAQ:AMAT). In a filing disclosed on January 16th, the Senator disclosed that they had bought between $15,001 and $50,000 in Applied Materials stock on December 29th.

Senator Markwayne Mullin also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Deere & Company (NYSE:DE) on 12/29/2025.
• Purchased $15,001 – $50,000 in shares of Hilton Worldwide (NYSE:HLT) on 12/29/2025.
• Purchased $15,001 – $50,000 in shares of RTX (NYSE:RTX) on 12/29/2025.
• Purchased $15,001 – $50,000 in shares of CocaCola (NYSE:KO) on 12/29/2025.
• Purchased $15,001 – $50,000 in shares of Elevance Health (NYSE:ELV) on 12/29/2025.
• Purchased $1,001 – $15,000 in shares of American Express (NYSE:AXP) on 12/29/2025.
• Purchased $100,001 – $250,000 in shares of Amazon.com (NASDAQ:AMZN) on 12/29/2025.
• Purchased $50,001 – $100,000 in shares of JPMorgan Chase & Co. (NYSE:JPM) on 12/29/2025.
• Purchased $15,001 – $50,000 in shares of The Goldman Sachs Group (NYSE:GS) on 12/29/2025.
• Purchased $15,001 – $50,000 in shares of Boston Scientific (NYSE:BSX) on 12/29/2025.

Applied Materials Price Performance

Shares of NASDAQ:AMAT traded up $7.93 during trading on Friday, reaching $327.01. The company had a trading volume of 11,394,352 shares, compared to its average volume of 6,124,256. The company has a fifty day moving average of $261.40 and a two-hundred day moving average of $218.00. The company has a current ratio of 2.61, a quick ratio of 1.87 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $259.30 billion, a P/E ratio of 37.67, a price-to-earnings-growth ratio of 3.38 and a beta of 1.67. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $331.00.

Applied Materials (NASDAQ:AMAT) last announced its earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.11 by $0.06. The company had revenue of $6.80 billion during the quarter, compared to analyst estimates of $6.68 billion. Applied Materials had a net margin of 24.67% and a return on equity of 39.26%. The firm’s quarterly revenue was down 3.5% compared to the same quarter last year. During the same period in the previous year, the business earned $2.32 earnings per share. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. Equities research analysts forecast that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Thursday, February 19th will be given a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Thursday, February 19th. Applied Materials’s dividend payout ratio is 21.20%.

Key Applied Materials News

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

• Positive Sentiment: TSMC’s $52–$56B 2026 capex guidance creates near?term, high?certainty demand for equipment suppliers like Applied Materials — MarketBeat explains that TSMC must buy new, specialized deposition and other tools (benefitting AMAT) to move to 2nm production. The $56 Billion Draft: Follow TSMC’s CapEx Stream
• Positive Sentiment: Applied topped out at a new all?time high as investors front?run TSMC-driven equipment demand; KeyBanc says AMAT can push higher in 2026. Applied Materials Stock Just Hit a New All-Time High. Should You Buy AMAT Here?
• Positive Sentiment: Several sell?side upgrades (Barclays, RBC, Stifel and others) have raised ratings/targets and highlighted AMAT’s exposure to AI capex and HBM growth, supporting upward price momentum. Applied Materials, AEI Industries, MKS in focus as KeyBanc ups targets
• Positive Sentiment: Barclays upgrade specifically cited AI?driven fab spending as a catalyst, which helped spur intraday gains. Barclays upgrades Applied Materials (AMAT)
• Positive Sentiment: AMAT’s HBM (hybrid bonding) business hit $1.5B in FY25 and is positioned to double as memory/AI packaging ramps — a structural growth driver cited by analysts. Applied Materials FY25 HBM Revenues Hit $1.5B: A New Growth Driver?
• Neutral Sentiment: Market commentary offers trade ideas and allocation strategies (e.g., “drafting the titan”) that favor equipment vendors instead of chip designers — useful context but not a direct company update. Here Is A Smart Way To Invest In AMAT Stock
• Neutral Sentiment: AMAT is due to report its next quarter soon; analysts expect a single?digit EPS decrease, so near?term guidance and orders will be watched closely for confirmation of the TSMC-driven rebound. Here’s What to Expect From Applied Materials’ Next Earnings Report
• Negative Sentiment: Valuation and positioning risk: AMAT is trading near its 52?week high with elevated multiples (PE/PEG), so any hiccup in order timing, customer pushouts or margin guidance could trigger a pullback. Here is What to Know Beyond Why Applied Materials, Inc. (AMAT) is a Trending Stock

Insider Activity

In other news, SVP Teri A. Little sold 4,000 shares of the business’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $238.24, for a total value of $952,960.00. Following the completion of the transaction, the senior vice president owned 84,351 shares in the company, valued at $20,095,782.24. The trade was a 4.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Adam Sanders sold 609 shares of Applied Materials stock in a transaction dated Monday, December 1st. The stock was 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 $1,127,653.89. The trade was a 12.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 8,609 shares of company stock valued at $2,044,898. 0.24% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms have weighed in on AMAT. Royal Bank Of Canada started coverage on shares of Applied Materials in a research note on Wednesday. They issued an “outperform” rating and a $385.00 price target for the company. Morgan Stanley reissued an “overweight” rating and issued a $273.00 target price on shares of Applied Materials in a research note on Tuesday, December 2nd. Evercore ISI reaffirmed an “outperform” rating and issued a $290.00 price target on shares of Applied Materials in a research note on Friday, November 14th. Cowen reissued a “buy” rating on shares of Applied Materials in a research note on Thursday, December 4th. Finally, Susquehanna raised shares of Applied Materials from a “neutral” rating to a “positive” rating and lifted their target price for the stock from $180.00 to $400.00 in a research note on Sunday, January 11th. Twenty-three investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $282.25.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Brighton Jones LLC increased its stake in shares of Applied Materials by 28.0% during the fourth quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock valued at $2,061,000 after purchasing an additional 2,771 shares in the last quarter. Balefire LLC bought a new position in Applied Materials during the 2nd quarter valued at approximately $213,000. Pallas Capital Advisors LLC raised its stake in Applied Materials by 10.8% during the second quarter. Pallas Capital Advisors LLC now owns 8,236 shares of the manufacturing equipment provider’s stock valued at $1,508,000 after buying an additional 806 shares during the last quarter. Pines Wealth Management LLC bought a new stake in Applied Materials in the second quarter worth $256,000. Finally, Dynamic Advisor Solutions LLC grew its stake in shares of Applied Materials by 8.1% in the second quarter. Dynamic Advisor Solutions LLC now owns 9,367 shares of the manufacturing equipment provider’s stock worth $1,715,000 after acquiring an additional 703 shares during the last quarter. Hedge funds and other institutional investors own 80.56% of the company’s stock.

About Senator Mullin

Markwayne Mullin (Republican Party) is a member of the U.S. Senate from Oklahoma. He assumed office on January 11, 2023. His current term ends on January 3, 2027. Mullin (Republican Party) ran in a special election to the U.S. Senate to represent Oklahoma. He won in the special general election on November 8, 2022. Mullin is a member of the Cherokee Nation and one of four Native American members of the 116th Congress. At the age of 20, Mullin took over his father’s plumbing business. He is also a former professional mixed martial artist. Markwayne Mullin graduated from Stilwell High School. Mullin earned an associate degree in construction technology from Oklahoma State University Institute of Technology. His career experience includes owning and founding multiple businesses.

About Applied Materials

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.