SevenBridge Financial Group LLC Boosts Holdings in Applied Materials, Inc. $AMAT

SevenBridge Financial Group LLC lifted its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 37.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,904 shares of the manufacturing equipment provider’s stock after acquiring an additional 5,655 shares during the period. SevenBridge Financial Group LLC’s holdings in Applied Materials were worth $3,939,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Brighton Jones LLC grew its stake in shares of Applied Materials by 28.0% during the 4th quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock valued at $2,061,000 after buying an additional 2,771 shares during the period. Boston Family Office LLC raised its holdings in shares of Applied Materials by 57.8% in the 1st quarter. Boston Family Office LLC now owns 7,096 shares of the manufacturing equipment provider’s stock worth $1,030,000 after purchasing an additional 2,600 shares during the period. Forvis Mazars Wealth Advisors LLC raised its holdings in shares of Applied Materials by 74.2% in the 1st quarter. Forvis Mazars Wealth Advisors LLC now owns 19,330 shares of the manufacturing equipment provider’s stock worth $2,805,000 after purchasing an additional 8,236 shares during the period. Raymond James Financial Inc. lifted its stake in shares of Applied Materials by 5.8% in the 1st quarter. Raymond James Financial Inc. now owns 1,190,501 shares of the manufacturing equipment provider’s stock valued at $172,765,000 after purchasing an additional 65,478 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC grew its holdings in shares of Applied Materials by 20.0% during the 1st quarter. Steward Partners Investment Advisory LLC now owns 101,883 shares of the manufacturing equipment provider’s stock worth $14,785,000 after purchasing an additional 16,972 shares during the period. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Applied Materials

In other Applied Materials news, CAO Adam Sanders sold 609 shares of the company’s 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 transaction, the chief accounting officer directly owned 4,413 shares of the company’s stock, valued at $1,127,653.89. This represents a 12.13% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Teri A. Little sold 4,000 shares of Applied Materials stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $238.24, for a total value of $952,960.00. Following the sale, the senior vice president 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 disclosure for this sale is available in the SEC filing. Insiders sold 8,609 shares of company stock worth $2,044,898 in the last 90 days. Corporate insiders own 0.24% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on AMAT shares. The Goldman Sachs Group restated a “buy” rating and issued a $250.00 price target on shares of Applied Materials in a report on Friday, November 14th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Applied Materials in a research note on Monday, December 8th. Cowen reissued a “buy” rating on shares of Applied Materials in a research report on Thursday, December 4th. TD Cowen lifted their target price on Applied Materials from $260.00 to $315.00 and gave the company a “buy” rating in a research note on Thursday, December 4th. Finally, Craig Hallum restated a “hold” rating and set a $190.00 price objective on shares of Applied Materials in a research note on Friday, November 14th. Twenty analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $234.74.

Applied Materials Price Performance

Shares of NASDAQ:AMAT opened at $259.21 on Monday. The company’s fifty day moving average is $236.68 and its two-hundred day moving average is $199.97. The company has a market cap of $206.50 billion, a P/E ratio of 29.86, a price-to-earnings-growth ratio of 2.69 and a beta of 1.67. Applied Materials, Inc. has a 12-month low of $123.74 and a 12-month high of $276.10. The company has a quick ratio of 1.87, a current ratio of 2.61 and a debt-to-equity ratio of 0.32.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $6.68 billion. Applied Materials had a return on equity of 39.26% and a net margin of 24.67%.The business’s revenue for the quarter was down 3.5% on a year-over-year basis. During the same period in the prior year, the business earned $2.32 EPS. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. Equities 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 declared a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Thursday, February 19th will be paid a $0.46 dividend. The ex-dividend date of this dividend is Thursday, February 19th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.7%. Applied Materials’s dividend payout ratio is 21.20%.

About Applied Materials

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.