Lombard Odier Asset Management Switzerland SA Cuts Stake in Applied Materials, Inc. $AMAT

Lombard Odier Asset Management Switzerland SA decreased its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 84.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 47,080 shares of the manufacturing equipment provider’s stock after selling 251,292 shares during the period. Lombard Odier Asset Management Switzerland SA’s holdings in Applied Materials were worth $12,099,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in AMAT. Cornerstone Financial Management LLC purchased a new stake in Applied Materials during the 4th quarter valued at about $25,000. Redmont Wealth Advisors LLC purchased a new stake in Applied Materials during the 3rd quarter valued at about $26,000. Wilkerson Advisory Group LLC purchased a new stake in Applied Materials during the 4th quarter valued at about $26,000. Highline Wealth Partners LLC boosted its holdings in Applied Materials by 48.7% during the 4th quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock valued at $30,000 after acquiring an additional 38 shares during the period. Finally, Joseph Group Capital Management purchased a new stake in Applied Materials during the 4th quarter valued at about $31,000. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Stifel Nicolaus set a $530.00 target price on Applied Materials in a report on Friday, May 15th. B. Riley Financial increased their price target on shares of Applied Materials from $530.00 to $550.00 and gave the company a “buy” rating in a research report on Friday, May 15th. TD Cowen increased their price target on shares of Applied Materials from $450.00 to $525.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Mizuho increased their price target on shares of Applied Materials from $500.00 to $540.00 and gave the company an “outperform” rating in a research report on Wednesday, May 27th. Finally, Raymond James Financial set a $650.00 price target on shares of Applied Materials in a research report on Wednesday, June 10th. Twenty-seven equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $483.03.

Applied Materials Trading Down 3.0%

NASDAQ AMAT opened at $568.23 on Wednesday. Applied Materials, Inc. has a fifty-two week low of $154.46 and a fifty-two week high of $600.91. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.80 and a current ratio of 2.51. The stock has a 50 day simple moving average of $436.36 and a two-hundred day simple moving average of $358.14. The stock has a market cap of $451.15 billion, a P/E ratio of 53.35, a price-to-earnings-growth ratio of 1.63 and a beta of 1.67.

Applied Materials (NASDAQ:AMAT) last posted its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, topping the consensus estimate of $2.68 by $0.18. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The firm had revenue of $7.91 billion during the quarter, compared to analysts’ expectations of $7.68 billion. During the same period last year, the company posted $2.39 EPS. The company’s quarterly revenue was up 11.4% compared to the same quarter last year. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. On average, analysts forecast that Applied Materials, Inc. will post 12.1 earnings per share for the current year.

Applied Materials Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be given a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, August 20th. Applied Materials’s dividend payout ratio (DPR) is currently 19.91%.

Key Headlines Impacting Applied Materials

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

• Positive Sentiment: Applied Materials announced a long-term joint development agreement with EssilorLuxottica to co-develop AR and AI-powered smart eyewear optics, opening a new growth angle beyond its core semiconductor equipment business. Article Title
• Positive Sentiment: The company also unveiled new deposition and selective etch systems designed to improve precision in 3D chip structures, a development aimed at boosting performance and yield for AI chips. Article Title
• Positive Sentiment: Applied Materials opened a new $500 million manufacturing facility in Singapore, signaling continued investment to expand capacity and support demand tied to AI-driven semiconductor equipment growth. Article Title
• Positive Sentiment: Barclays and Cantor Fitzgerald raised their price targets on AMAT, reinforcing bullish sentiment around wafer fab equipment spending and the company’s earnings outlook. Article Title
• Neutral Sentiment: Some commentary noted that AMAT’s valuation has become stretched after a strong rally, which may limit upside even as fundamentals remain solid. Article Title
• Negative Sentiment: One market note said AMAT slipped despite the EssilorLuxottica deal, suggesting investors may be taking profits or waiting for clearer near-term financial impact from the partnership. Article Title

Insider Activity at Applied Materials

In other news, CAO Adam Sanders sold 268 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $434.22, for a total value of $116,370.96. Following the completion of the transaction, the chief accounting officer owned 4,280 shares in the company, valued at $1,858,461.60. This trade represents a 5.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Judy Bruner sold 1,128 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $450.00, for a total value of $507,600.00. Following the completion of the transaction, the director owned 26,544 shares of the company’s stock, valued at approximately $11,944,800. The trade was a 4.08% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 53,896 shares of company stock valued at $27,135,121. 0.30% of the stock is currently owned by company insiders.

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.