SJS Investment Consulting Inc. Has $62,000 Stock Holdings in Applied Materials, Inc. $AMAT

SJS Investment Consulting Inc. reduced its position in Applied Materials, Inc. (NASDAQ:AMAT) by 88.2% during the 1st quarter, HoldingsChannel.com reports. The firm owned 181 shares of the manufacturing equipment provider’s stock after selling 1,352 shares during the quarter. SJS Investment Consulting Inc.’s holdings in Applied Materials were worth $62,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Capital Research Global Investors raised its holdings in Applied Materials by 119.8% during the fourth quarter. Capital Research Global Investors now owns 32,707,049 shares of the manufacturing equipment provider’s stock valued at $8,405,458,000 after buying an additional 17,829,377 shares in the last quarter. Norges Bank acquired a new position in shares of Applied Materials in the 4th quarter valued at $2,858,543,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Applied Materials by 617.2% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,129,483 shares of the manufacturing equipment provider’s stock worth $1,869,170,000 after purchasing an additional 7,856,576 shares during the period. Ameriprise Financial Inc. boosted its stake in Applied Materials by 40.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 12,520,114 shares of the manufacturing equipment provider’s stock valued at $2,563,376,000 after buying an additional 3,583,751 shares in the last quarter. Finally, Auto Owners Insurance Co boosted its stake in shares of Applied Materials by 25,824.4% in the 4th quarter. Auto Owners Insurance Co now owns 3,370,167 shares of the manufacturing equipment provider’s stock valued at $86,610,000 after purchasing an additional 3,357,167 shares in the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Key Stories Impacting Applied Materials

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

• Positive Sentiment: KeyBanc, Cantor Fitzgerald, and Bank of America all turned more bullish on AMAT, with multiple price-target hikes and fresh upside calls ahead of earnings, reinforcing the view that demand for chip-making equipment remains strong. Why Applied Materials Shares Are Surging Monday
• Positive Sentiment: The stock has been one of the biggest winners in the semiconductor space, with June marking its best monthly rally since 1975 as AI infrastructure spending lifted estimates and investor sentiment. Stock Of The Day: Is This The Top For Applied Materials?
• Positive Sentiment: Erste Group raised its FY2026 and FY2027 earnings estimates for Applied Materials, signaling confidence that earnings growth can continue beyond the current year. Applied Materials, Inc. (NASDAQ:AMAT)
• Neutral Sentiment: Several articles note the stock is technically very extended and “overbought,” which suggests momentum is strong but also raises the risk of a near-term pullback after the huge run-up. Stock Of The Day: Is This The Top For Applied Materials?
• Neutral Sentiment: Applied Materials was also added to the Russell Top 50 Index, which can boost visibility and passive fund ownership, though the impact is more about flows than fundamentals. Applied Materials (AMAT) Joins Russell Top 50 After Leaving Value Indexes

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on AMAT. Seaport Research Partners assumed coverage on Applied Materials in a report on Monday, May 4th. They issued a “buy” rating and a $500.00 target price on the stock. Deutsche Bank Aktiengesellschaft raised their price target on Applied Materials from $450.00 to $550.00 and gave the company a “buy” rating in a report on Friday, May 15th. TD Cowen lifted their target price on shares of Applied Materials from $450.00 to $525.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Citigroup boosted their target price on Applied Materials from $550.00 to $710.00 and gave the stock a “buy” rating in a research report on Wednesday, June 17th. Finally, Barclays boosted their price target on shares of Applied Materials from $500.00 to $590.00 and gave the company an “overweight” rating in a report on Thursday, June 11th. Twenty-seven equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $553.56.

Insider Activity

In other Applied Materials news, SVP Omkaram Nalamasu sold 24,263 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $593.43, for a total value of $14,398,392.09. Following the sale, the senior vice president owned 146,916 shares in the company, valued at $87,184,361.88. This represents a 14.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Thomas J. Iannotti sold 9,250 shares of the firm’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $599.77, for a total value of $5,547,872.50. Following the sale, the director directly owned 40,559 shares of the company’s stock, valued at $24,326,071.43. This represents a 18.57% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 199,767 shares of company stock valued at $114,104,709. 0.30% of the stock is owned by insiders.

Applied Materials Stock Up 4.1%

AMAT stock opened at $723.00 on Wednesday. Applied Materials, Inc. has a twelve month low of $154.46 and a twelve month high of $739.67. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22. The business has a 50 day moving average price of $486.16 and a two-hundred day moving average price of $384.29. The company has a market cap of $574.03 billion, a price-to-earnings ratio of 67.89, a P/E/G ratio of 1.93 and a beta of 1.67.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.68 by $0.18. The firm had revenue of $7.91 billion for the quarter, compared to analyst estimates of $7.68 billion. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The company’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Analysts anticipate that Applied Materials, Inc. will post 12.11 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be issued a dividend of $0.53 per share. The ex-dividend date is Thursday, August 20th. This represents a $2.12 dividend on an annualized basis and a yield of 0.3%. Applied Materials’s dividend payout ratio (DPR) is presently 19.91%.

About Applied Materials

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.