TABR Capital Management LLC Invests $5.73 Million in Applied Materials, Inc. $AMAT

TABR Capital Management LLC purchased a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 22,295 shares of the manufacturing equipment provider’s stock, valued at approximately $5,730,000. Applied Materials comprises approximately 1.5% of TABR Capital Management LLC’s holdings, making the stock its 20th biggest position.

Several other institutional investors have also recently added to or reduced their stakes in AMAT. Capital Research Global Investors increased its holdings in shares of Applied Materials by 225.4% in the third quarter. Capital Research Global Investors now owns 14,877,672 shares of the manufacturing equipment provider’s stock valued at $3,046,057,000 after purchasing an additional 10,305,182 shares during the period. Ameriprise Financial Inc. raised 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 worth $2,563,376,000 after purchasing an additional 3,583,751 shares during the last quarter. Sanders Capital LLC lifted its holdings in shares of Applied Materials by 42.6% during the third quarter. Sanders Capital LLC now owns 10,978,990 shares of the manufacturing equipment provider’s stock worth $2,247,838,000 after purchasing an additional 3,280,730 shares during the period. Van ECK Associates Corp grew its position in Applied Materials by 19.0% in the 3rd quarter. Van ECK Associates Corp now owns 10,552,132 shares of the manufacturing equipment provider’s stock valued at $2,160,443,000 after buying an additional 1,681,911 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Applied Materials by 617.2% in the 3rd 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 buying an additional 7,856,576 shares during the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Insider Buying and Selling at Applied Materials

In related news, Director Judy Bruner sold 3,969 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $377.02, for a total value of $1,496,392.38. Following the completion of the transaction, the director directly owned 28,589 shares of the company’s stock, valued at $10,778,624.78. This trade represents a 12.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Brice Hill sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $361.21, for a total value of $1,806,050.00. Following the completion of the transaction, the chief financial officer directly owned 138,565 shares of the company’s stock, valued at $50,051,063.65. The trade was a 3.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 12,003 shares of company stock valued at $4,484,189. Corporate insiders own 0.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Citigroup upped their price objective on shares of Applied Materials from $400.00 to $420.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. KGI Securities upgraded shares of Applied Materials to an “outperform” rating and set a $425.00 price target on the stock in a research note on Friday, February 13th. Mizuho increased their price target on shares of Applied Materials from $370.00 to $410.00 and gave the stock an “outperform” rating in a report on Friday, February 13th. Zacks Research upgraded shares of Applied Materials from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 17th. Finally, Barclays lifted their price objective on Applied Materials from $360.00 to $450.00 and gave the company an “overweight” rating in a report on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $368.29.

Applied Materials Price Performance

Shares of NASDAQ AMAT opened at $394.33 on Wednesday. The firm has a market capitalization of $312.94 billion, a P/E ratio of 40.36, a PEG ratio of 1.75 and a beta of 1.64. Applied Materials, Inc. has a one year low of $136.32 and a one year high of $407.29. The company’s fifty day moving average is $362.41 and its two-hundred day moving average is $298.25. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.94 and a current ratio of 2.71.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings results on Thursday, February 12th. The manufacturing equipment provider reported $2.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.21 by $0.17. Applied Materials had a net margin of 27.78% and a return on equity of 37.52%. The business had revenue of $7.01 billion during the quarter, compared to the consensus estimate of $6.88 billion. During the same quarter last year, the firm posted $2.38 EPS. The business’s revenue was down 2.1% compared to the same quarter last year. Applied Materials has set its Q2 2026 guidance at 2.440-2.840 EPS. Analysts forecast that Applied Materials, Inc. will post 11.1 EPS for the current fiscal year.

Applied Materials Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders 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 yield of 0.5%. This is a boost from Applied Materials’s previous quarterly dividend of $0.46. The ex-dividend date of this dividend is Thursday, May 21st. Applied Materials’s dividend payout ratio is 18.83%.

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.