Sen. Markwayne Mullin Purchases Shares of Applied Materials, Inc. (NASDAQ:AMAT)

Senator Markwayne Mullin (R-Oklahoma) recently bought shares of Applied Materials, Inc. (NASDAQ:AMAT). In a filing disclosed on January 16th, the Senator disclosed that they had bought between $15,001 and $50,000 in Applied Materials stock on December 29th.

Senator Markwayne Mullin also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Deere & Company (NYSE:DE) on 12/29/2025.
• Purchased $15,001 – $50,000 in shares of Hilton Worldwide (NYSE:HLT) on 12/29/2025.
• Purchased $15,001 – $50,000 in shares of RTX (NYSE:RTX) on 12/29/2025.
• Purchased $15,001 – $50,000 in shares of CocaCola (NYSE:KO) on 12/29/2025.
• Purchased $15,001 – $50,000 in shares of Elevance Health (NYSE:ELV) on 12/29/2025.
• Purchased $1,001 – $15,000 in shares of American Express (NYSE:AXP) on 12/29/2025.
• Purchased $100,001 – $250,000 in shares of Amazon.com (NASDAQ:AMZN) on 12/29/2025.
• Purchased $50,001 – $100,000 in shares of JPMorgan Chase & Co. (NYSE:JPM) on 12/29/2025.
• Purchased $15,001 – $50,000 in shares of The Goldman Sachs Group (NYSE:GS) on 12/29/2025.
• Purchased $15,001 – $50,000 in shares of Boston Scientific (NYSE:BSX) on 12/29/2025.

Applied Materials Stock Performance

Shares of Applied Materials stock traded up $7.93 during trading on Friday, reaching $327.01. The company’s stock had a trading volume of 11,394,352 shares, compared to its average volume of 6,124,256. The company has a 50-day moving average price of $261.40 and a two-hundred day moving average price of $218.00. Applied Materials, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $331.00. The firm has a market cap of $259.30 billion, a PE ratio of 37.67, a P/E/G ratio of 3.38 and a beta of 1.67. The company has a current ratio of 2.61, a quick ratio of 1.87 and a debt-to-equity ratio of 0.32.

Applied Materials (NASDAQ:AMAT) last announced its earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 earnings per share for the quarter, beating the consensus estimate of $2.11 by $0.06. The company had revenue of $6.80 billion for 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 company’s revenue was down 3.5% on a year-over-year basis. During the same period last year, the business posted $2.32 EPS. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. On average, analysts forecast that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Thursday, February 19th will be given 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 0.6%. Applied Materials’s dividend payout ratio is 21.20%.

Institutional Trading of Applied Materials

Institutional investors and hedge funds have recently made changes to their positions in the stock. Marquette Asset Management LLC boosted its stake in shares of Applied Materials by 150.0% during the 3rd quarter. Marquette Asset Management LLC now owns 125 shares of the manufacturing equipment provider’s stock worth $26,000 after purchasing an additional 75 shares during the last quarter. Redmont Wealth Advisors LLC purchased a new position in shares of Applied Materials during the third quarter valued at approximately $26,000. Maseco LLP acquired a new stake in Applied Materials during the second quarter worth approximately $30,000. Highline Wealth Partners LLC grew its stake in Applied Materials by 48.7% in the 4th quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock worth $30,000 after acquiring an additional 38 shares during the period. Finally, Financial Gravity Companies Inc. acquired a new position in Applied Materials in the 2nd quarter valued at $31,000. 80.56% of the stock is currently owned by hedge funds and other institutional investors.

Applied Materials News Roundup

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

• Positive Sentiment: TSMC’s $52–$56B 2026 capex guidance creates near‑term, high‑certainty demand for equipment suppliers like Applied Materials — MarketBeat explains that TSMC must buy new, specialized deposition and other tools (benefitting AMAT) to move to 2nm production. The $56 Billion Draft: Follow TSMC’s CapEx Stream
• Positive Sentiment: Applied topped out at a new all‑time high as investors front‑run TSMC-driven equipment demand; KeyBanc says AMAT can push higher in 2026. Applied Materials Stock Just Hit a New All-Time High. Should You Buy AMAT Here?
• Positive Sentiment: Several sell‑side upgrades (Barclays, RBC, Stifel and others) have raised ratings/targets and highlighted AMAT’s exposure to AI capex and HBM growth, supporting upward price momentum. Applied Materials, AEI Industries, MKS in focus as KeyBanc ups targets
• Positive Sentiment: Barclays upgrade specifically cited AI‑driven fab spending as a catalyst, which helped spur intraday gains. Barclays upgrades Applied Materials (AMAT)
• Positive Sentiment: AMAT’s HBM (hybrid bonding) business hit $1.5B in FY25 and is positioned to double as memory/AI packaging ramps — a structural growth driver cited by analysts. Applied Materials FY25 HBM Revenues Hit $1.5B: A New Growth Driver?
• Neutral Sentiment: Market commentary offers trade ideas and allocation strategies (e.g., “drafting the titan”) that favor equipment vendors instead of chip designers — useful context but not a direct company update. Here Is A Smart Way To Invest In AMAT Stock
• Neutral Sentiment: AMAT is due to report its next quarter soon; analysts expect a single‑digit EPS decrease, so near‑term guidance and orders will be watched closely for confirmation of the TSMC-driven rebound. Here’s What to Expect From Applied Materials’ Next Earnings Report
• Negative Sentiment: Valuation and positioning risk: AMAT is trading near its 52‑week high with elevated multiples (PE/PEG), so any hiccup in order timing, customer pushouts or margin guidance could trigger a pullback. Here is What to Know Beyond Why Applied Materials, Inc. (AMAT) is a Trending Stock

Wall Street Analysts Forecast Growth

Several analysts recently commented on AMAT shares. Craig Hallum reiterated a “hold” rating and issued a $190.00 price objective on shares of Applied Materials in a research note on Friday, November 14th. The Goldman Sachs Group reiterated a “buy” rating and set a $310.00 price target on shares of Applied Materials in a research report on Friday, January 9th. Weiss Ratings raised Applied Materials from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, December 29th. TD Cowen raised their price objective 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, Susquehanna raised Applied Materials from a “neutral” rating to a “positive” rating and lifted their price objective for the stock from $180.00 to $400.00 in a report on Sunday, January 11th. Twenty-three analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $282.25.

Insiders Place Their Bets

In other news, CAO Adam Sanders sold 609 shares of the stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $255.53, for a total transaction of $155,617.77. Following the transaction, the chief accounting officer directly owned 4,413 shares in the company, valued at $1,127,653.89. This represents a 12.13% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Teri A. Little sold 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 25th. The stock was 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 in the company, valued at $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. In the last three months, insiders have sold 8,609 shares of company stock worth $2,044,898. Corporate insiders own 0.24% of the company’s stock.

About Senator Mullin

Markwayne Mullin (Republican Party) is a member of the U.S. Senate from Oklahoma. He assumed office on January 11, 2023. His current term ends on January 3, 2027. Mullin (Republican Party) ran in a special election to the U.S. Senate to represent Oklahoma. He won in the special general election on November 8, 2022. Mullin is a member of the Cherokee Nation and one of four Native American members of the 116th Congress. At the age of 20, Mullin took over his father’s plumbing business. He is also a former professional mixed martial artist. Markwayne Mullin graduated from Stilwell High School. Mullin earned an associate degree in construction technology from Oklahoma State University Institute of Technology. His career experience includes owning and founding multiple businesses.

Applied Materials Company 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.