Nilsine Partners LLC Sells 18,246 Shares of Applied Materials, Inc. $AMAT

Nilsine Partners LLC trimmed its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 64.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,026 shares of the manufacturing equipment provider’s stock after selling 18,246 shares during the period. Nilsine Partners LLC’s holdings in Applied Materials were worth $2,053,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Cardinal Capital Management Inc. raised its stake in Applied Materials by 1.3% during the 3rd quarter. Cardinal Capital Management Inc. now owns 207,674 shares of the manufacturing equipment provider’s stock valued at $42,519,000 after buying an additional 2,630 shares during the last quarter. Aaron Wealth Advisors LLC boosted its stake in shares of Applied Materials by 30.0% in the 3rd quarter. Aaron Wealth Advisors LLC now owns 12,096 shares of the manufacturing equipment provider’s stock worth $2,477,000 after buying an additional 2,793 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of Applied Materials by 4.8% in the third quarter. GAMMA Investing LLC now owns 16,799 shares of the manufacturing equipment provider’s stock worth $3,439,000 after acquiring an additional 771 shares during the period. Trust Co of the South purchased a new stake in Applied Materials during the third quarter valued at $275,000. Finally, Capital Asset Advisory Services LLC lifted its holdings in Applied Materials by 2.7% in the third quarter. Capital Asset Advisory Services LLC now owns 27,572 shares of the manufacturing equipment provider’s stock valued at $5,645,000 after acquiring an additional 718 shares during the period. Institutional investors own 80.56% of the company’s stock.

Insider Buying and Selling

In related news, CAO Adam Sanders sold 609 shares of the business’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $255.53, for a total value of $155,617.77. Following the sale, the chief accounting officer owned 4,413 shares in the company, valued at approximately $1,127,653.89. The trade was a 12.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Teri A. Little sold 4,000 shares of the stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $238.24, for a total transaction of $952,960.00. Following the transaction, the senior vice president owned 84,351 shares of the company’s stock, valued at $20,095,782.24. This trade represents a 4.53% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 8,609 shares of company stock valued at $2,044,898 over the last quarter. Corporate insiders own 0.24% of the company’s stock.

Applied Materials Stock Performance

Shares of NASDAQ AMAT opened at $261.27 on Tuesday. 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, Inc. has a 1 year low of $123.74 and a 1 year high of $276.10. The firm has a fifty day moving average price of $237.43 and a 200-day moving average price of $200.69. The stock has a market cap of $208.14 billion, a PE ratio of 30.10, a price-to-earnings-growth ratio of 2.69 and a beta of 1.67.

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

Applied Materials Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Thursday, February 19th 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, February 19th. Applied Materials’s dividend payout ratio is 21.20%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on AMAT. Stifel Nicolaus boosted their price target on Applied Materials from $215.00 to $250.00 and gave the company a “buy” rating in a research note on Tuesday, November 11th. Barclays raised their price objective on shares of Applied Materials from $170.00 to $250.00 and gave the stock an “equal weight” rating in a report on Monday, October 20th. The Goldman Sachs Group reiterated a “buy” rating and issued a $250.00 price target on shares of Applied Materials in a research report on Friday, November 14th. BNP Paribas raised shares of Applied Materials to a “hold” rating in a research report on Monday, November 17th. Finally, B. Riley restated a “buy” rating and issued a $270.00 price objective (up from $265.00) on shares of Applied Materials in a research note on Friday, November 14th. Twenty equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, Applied Materials has a consensus rating of “Moderate Buy” and an average target price of $242.15.

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.