Applied Materials, Inc. $AMAT Shares Purchased by Mirabella Financial Services LLP

Mirabella Financial Services LLP increased its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 42.9% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 34,546 shares of the manufacturing equipment provider’s stock after purchasing an additional 10,374 shares during the quarter. Mirabella Financial Services LLP’s holdings in Applied Materials were worth $6,333,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AMAT. IFG Advisory LLC boosted its stake in shares of Applied Materials by 1,008.1% during the 2nd quarter. IFG Advisory LLC now owns 36,156 shares of the manufacturing equipment provider’s stock valued at $6,619,000 after buying an additional 32,893 shares during the last quarter. Atlantic Union Bankshares Corp raised its holdings in Applied Materials by 23.0% in the second quarter. Atlantic Union Bankshares Corp now owns 12,643 shares of the manufacturing equipment provider’s stock valued at $2,315,000 after acquiring an additional 2,363 shares in the last quarter. Sienna Gestion raised its holdings in Applied Materials by 10.2% in the second quarter. Sienna Gestion now owns 113,221 shares of the manufacturing equipment provider’s stock valued at $18,924,000 after acquiring an additional 10,468 shares in the last quarter. Vanguard Personalized Indexing Management LLC increased its position in shares of Applied Materials by 31.8% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 145,277 shares of the manufacturing equipment provider’s stock worth $26,601,000 after purchasing an additional 35,012 shares during the last quarter. Finally, Westfield Capital Management Co. LP lifted its position in shares of Applied Materials by 13,360.6% during the second quarter. Westfield Capital Management Co. LP now owns 694,431 shares of the manufacturing equipment provider’s stock worth $127,129,000 after purchasing an additional 689,272 shares during the last quarter. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Wall Street Analyst Weigh In

AMAT has been the subject of several research reports. UBS Group upgraded Applied Materials from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $250.00 to $285.00 in a research report on Tuesday, November 25th. Daiwa America cut shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 20th. Daiwa Capital Markets reiterated a “neutral” rating and set a $170.00 price objective (down previously from $185.00) on shares of Applied Materials in a research note on Wednesday, August 20th. DZ Bank upgraded Applied Materials from a “strong sell” rating to a “hold” rating in a research note on Friday, November 14th. Finally, Stifel Nicolaus lifted their price target on Applied Materials from $215.00 to $250.00 and gave the company a “buy” rating in a report on Tuesday, November 11th. Twenty equities research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Applied Materials currently has an average rating of “Moderate Buy” and a consensus target price of $234.74.

Applied Materials Trading Up 0.3%

Shares of NASDAQ:AMAT opened at $269.44 on Friday. The company has a 50 day moving average of $229.97 and a 200-day moving average of $195.00. 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 firm has a market cap of $214.65 billion, a P/E ratio of 31.04, a P/E/G ratio of 2.80 and a beta of 1.67. Applied Materials, Inc. has a twelve month low of $123.74 and a twelve month high of $272.76.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings data on Thursday, November 13th. The manufacturing equipment provider reported $2.17 EPS for the quarter, beating analysts’ consensus estimates of $2.11 by $0.06. Applied Materials had a net margin of 24.67% and a return on equity of 39.26%. The business had revenue of $6.80 billion for the quarter, compared to analyst estimates of $6.68 billion. During the same quarter last year, the business earned $2.32 earnings per share. The business’s revenue for the quarter was down 3.5% on a year-over-year basis. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. As a group, analysts anticipate that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be paid a $0.46 dividend. The ex-dividend date of this dividend is Thursday, November 20th. This represents a $1.84 annualized dividend and a dividend yield of 0.7%. Applied Materials’s payout ratio is currently 21.20%.

Insider Activity at Applied Materials

In related news, CAO Adam Sanders sold 609 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $255.53, for a total transaction of $155,617.77. Following the completion of the sale, the chief accounting officer directly owned 4,413 shares in the company, valued at approximately $1,127,653.89. This trade represents a 12.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Teri A. Little sold 4,000 shares of the firm’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 sale, the senior vice president directly owned 84,351 shares of the company’s stock, valued at approximately $20,095,782.24. This represents a 4.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 8,609 shares of company stock valued at $2,044,898. Company insiders own 0.24% of the company’s stock.

Applied Materials Company Profile

Applied Materials, Inc engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits.