Applied Materials, Inc. $AMAT Shares Acquired by State Street Corp

State Street Corp boosted its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 1.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,920,984 shares of the manufacturing equipment provider’s stock after buying an additional 391,540 shares during the period. State Street Corp owned 4.85% of Applied Materials worth $7,125,265,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in AMAT. Shelton Wealth Management LLC lifted its position in Applied Materials by 1.5% in the 2nd quarter. Shelton Wealth Management LLC now owns 3,398 shares of the manufacturing equipment provider’s stock valued at $622,000 after purchasing an additional 51 shares during the last quarter. Octavia Wealth Advisors LLC increased its stake in shares of Applied Materials by 0.8% in the second quarter. Octavia Wealth Advisors LLC now owns 6,200 shares of the manufacturing equipment provider’s stock valued at $1,135,000 after purchasing an additional 51 shares during the period. Narus Financial Partners LLC raised its holdings in shares of Applied Materials by 3.8% during the second quarter. Narus Financial Partners LLC now owns 1,433 shares of the manufacturing equipment provider’s stock valued at $262,000 after buying an additional 52 shares during the last quarter. AdvisorNet Financial Inc boosted its position in shares of Applied Materials by 2.7% during the second quarter. AdvisorNet Financial Inc now owns 1,958 shares of the manufacturing equipment provider’s stock worth $358,000 after buying an additional 52 shares during the period. Finally, Encompass Wealth Advisors LLC grew its holdings in Applied Materials by 3.4% in the 2nd quarter. Encompass Wealth Advisors LLC now owns 1,601 shares of the manufacturing equipment provider’s stock worth $293,000 after buying an additional 53 shares in the last quarter. 80.56% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Applied Materials news, SVP Teri A. Little sold 4,000 shares of the company’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $238.24, for a total transaction of $952,960.00. Following the completion of 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Adam Sanders sold 609 shares of Applied Materials stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $255.53, for a total transaction of $155,617.77. Following the completion of the transaction, 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 8,609 shares of company stock valued at $2,044,898 in the last quarter. 0.24% of the stock is currently owned by corporate insiders.

Applied Materials Stock Up 0.1%

NASDAQ AMAT opened at $268.16 on Tuesday. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $273.59. The company has a market capitalization of $213.63 billion, a P/E ratio of 30.89, a PEG ratio of 2.79 and a beta of 1.67. The company’s 50 day simple moving average is $232.52 and its 200 day simple moving average is $196.92. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.61 and a quick ratio of 1.87.

Applied Materials (NASDAQ:AMAT) last posted its quarterly 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 firm had revenue of $6.80 billion for 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 quarter in the previous year, the business posted $2.32 earnings per share. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. Equities research analysts expect that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

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

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on AMAT. Morgan Stanley reiterated an “overweight” rating and set a $273.00 price target on shares of Applied Materials in a research report on Tuesday, December 2nd. Citigroup upped their price objective on shares of Applied Materials from $205.00 to $250.00 and gave the stock a “buy” rating in a report on Friday, November 14th. Wells Fargo & Company increased their target price on shares of Applied Materials from $250.00 to $255.00 and gave the company an “overweight” rating in a research report on Friday, November 14th. Mizuho dropped their price target on shares of Applied Materials from $215.00 to $205.00 and set a “neutral” rating on the stock in a research report on Friday, November 14th. Finally, DZ Bank upgraded shares of Applied Materials from a “strong sell” rating to a “hold” rating in a report on Friday, November 14th. Twenty equities research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $234.74.

Applied Materials 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.