Turtle Creek Wealth Advisors LLC Has $11.26 Million Holdings in Applied Materials, Inc. $AMAT

Turtle Creek Wealth Advisors LLC lifted its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 4.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 43,798 shares of the manufacturing equipment provider’s stock after purchasing an additional 1,899 shares during the quarter. Turtle Creek Wealth Advisors LLC’s holdings in Applied Materials were worth $11,256,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of AMAT. Grandfield & Dodd LLC grew its stake in shares of Applied Materials by 6.9% in the third quarter. Grandfield & Dodd LLC now owns 269,511 shares of the manufacturing equipment provider’s stock worth $55,180,000 after purchasing an additional 17,397 shares during the last quarter. First Trust Advisors LP grew its stake in shares of Applied Materials by 4.9% in the third quarter. First Trust Advisors LP now owns 3,101,772 shares of the manufacturing equipment provider’s stock worth $635,057,000 after purchasing an additional 145,050 shares during the last quarter. Elo Mutual Pension Insurance Co grew its stake in shares of Applied Materials by 21.8% in the third quarter. Elo Mutual Pension Insurance Co now owns 96,712 shares of the manufacturing equipment provider’s stock worth $19,801,000 after purchasing an additional 17,288 shares during the last quarter. Canada Post Corp Registered Pension Plan grew its stake in shares of Applied Materials by 82.2% in the third quarter. Canada Post Corp Registered Pension Plan now owns 26,893 shares of the manufacturing equipment provider’s stock worth $5,512,000 after purchasing an additional 12,132 shares during the last quarter. Finally, Worth Asset Management LLC bought a new stake in shares of Applied Materials in the fourth quarter worth $1,531,000. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently weighed in on AMAT shares. Summit Insights raised shares of Applied Materials from a “hold” rating to a “buy” rating in a research note on Friday, February 13th. Erste Group Bank raised shares of Applied Materials to a “hold” rating in a research report on Tuesday, March 24th. Zacks Research raised shares of Applied Materials from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 17th. DZ Bank raised shares of Applied Materials to a “hold” rating in a research report on Monday, February 16th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $450.00 price target on shares of Applied Materials in a research report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, Applied Materials has a consensus rating of “Moderate Buy” and a consensus price target of $368.29.

Key Headlines Impacting Applied Materials

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

• Positive Sentiment: Jim Cramer publicly called AMAT “a great buy,” highlighting the company alongside other equipment leaders; that endorsement can lift investor sentiment and retail interest. Jim Cramer on Applied Materials
• Positive Sentiment: Analysts and podcasters (SemiAnalysis) argue DRAM demand from AI will outstrip capacity, implying elevated memory capex — a direct tailwind for equipment suppliers like AMAT. This narrative supports upside to multi-year equipment orders if memory pricing and fab spending accelerate. ‘DRAM Will Double or Triple From Here’
• Positive Sentiment: Applied joined Tesla’s Terafab project, which could lead to equipment supply opportunities if the initiative scales — a potential new revenue channel beyond core foundry/HPC customers. Applied Materials Just Joined the Tesla Terafab Project
• Positive Sentiment: Applied and Advantest deepened ties on the EPIC platform to better link fab processes and automated testing — a strategic move that can shorten time-to-market for advanced AI/HPC chips and make AMAT’s equipment more integral to customers’ value chains. Applied Materials Deepens Chip Test Links
• Neutral Sentiment: Applied set its fiscal Q2 2026 earnings call for May 14 — a near-term catalyst where management guidance and order commentary could drive stock moves either way. Earnings Date Announcement
• Neutral Sentiment: Multiple bullish write-ups and analyst summaries reiterate a favorable long-term thesis (AI + memory capex), but note AMAT’s rich valuation — these pieces support investor interest but also highlight that upside depends on execution and sustained end-market spending. Is Applied Materials a Good Stock To Buy Now?
• Negative Sentiment: Micron is pushing U.S. lawmakers for tighter export restrictions on chipmaking tools; new legislation (and pressure on foreign vendors to align) could limit AMAT’s addressable market in China or complicate sales, creating regulatory risk to revenue. Micron Pushes US Congress on Equipment Sales

Applied Materials Stock Performance

Shares of AMAT opened at $403.91 on Friday. The company has a current ratio of 2.71, a quick ratio of 1.94 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $320.55 billion, a P/E ratio of 41.34, a price-to-earnings-growth ratio of 1.80 and a beta of 1.64. The firm’s fifty day simple moving average is $365.19 and its two-hundred day simple moving average is $299.72. Applied Materials, Inc. has a 12 month low of $144.71 and a 12 month high of $413.82.

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

Applied Materials Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Thursday, May 21st will be given a dividend of $0.53 per share. 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. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.5%. Applied Materials’s payout ratio is currently 18.83%.

Insider Transactions at Applied Materials

In other news, CAO Adam Sanders sold 534 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $379.16, for a total transaction of $202,471.44. Following the transaction, the chief accounting officer owned 4,625 shares of the company’s stock, valued at $1,753,615. This represents a 10.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Judy Bruner sold 3,969 shares of the stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $377.02, for a total transaction of $1,496,392.38. Following the transaction, the director directly owned 28,589 shares in the company, valued at $10,778,624.78. This trade represents a 12.19% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 12,003 shares of company stock valued at $4,484,189 in the last 90 days. 0.30% of the stock is currently owned by corporate insiders.

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.