Hillsdale Investment Management Inc. Buys 11,220 Shares of Applied Materials, Inc. $AMAT

Hillsdale Investment Management Inc. boosted its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 296.8% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 15,000 shares of the manufacturing equipment provider’s stock after buying an additional 11,220 shares during the period. Hillsdale Investment Management Inc.’s holdings in Applied Materials were worth $5,127,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Cornerstone Financial Management LLC bought a new position in shares of Applied Materials during the fourth quarter worth approximately $25,000. Wilkerson Advisory Group LLC acquired a new stake in Applied Materials during the 4th quarter worth approximately $26,000. Financial Freedom LLC bought a new stake in Applied Materials in the 1st quarter valued at $28,000. Highline Wealth Partners LLC grew its holdings 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 valued at $30,000 after buying an additional 38 shares in the last quarter. Finally, Joseph Group Capital Management acquired a new position in Applied Materials in the 4th quarter valued at $31,000. 80.56% of the stock is owned by institutional investors.

Applied Materials Price Performance

AMAT stock opened at $595.70 on Wednesday. The company’s 50-day moving average price is $525.21 and its two-hundred day moving average price is $407.88. The firm has a market cap of $472.96 billion, a P/E ratio of 55.93, a P/E/G ratio of 1.46 and a beta of 1.57. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22. Applied Materials, Inc. has a 12 month low of $154.46 and a 12 month high of $739.67.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, topping analysts’ consensus estimates of $2.68 by $0.18. The company had revenue of $7.91 billion during the quarter, compared to the consensus estimate of $7.68 billion. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The firm’s quarterly revenue was up 11.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.39 EPS. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. On average, analysts anticipate that Applied Materials, Inc. will post 12.13 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be paid a dividend of $0.53 per share. The ex-dividend date is Thursday, August 20th. This represents a $2.12 annualized dividend and a yield of 0.4%. Applied Materials’s dividend payout ratio is presently 19.91%.

Analysts Set New Price Targets

AMAT has been the subject of a number of research reports. Cantor Fitzgerald lifted their target price on Applied Materials from $650.00 to $850.00 and gave the stock an “overweight” rating in a report on Monday, June 29th. Sanford C. Bernstein restated an “outperform” rating and issued a $525.00 price target on shares of Applied Materials in a research note on Friday, May 15th. Jefferies Financial Group raised their price target on shares of Applied Materials from $510.00 to $770.00 and gave the stock a “buy” rating in a research report on Friday, June 26th. HC Wainwright set a $850.00 price objective on shares of Applied Materials in a research note on Monday, June 29th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Applied Materials from $400.00 to $515.00 and gave the company an “overweight” rating in a report on Friday, May 15th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $589.48.

Insider Transactions at Applied Materials

In other news, CEO Gary E. Dickerson sold 20,000 shares of the business’s stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $735.22, for a total transaction of $14,704,400.00. Following the completion of the transaction, the chief executive officer owned 1,599,843 shares of the company’s stock, valued at approximately $1,176,236,570.46. The trade was a 1.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Thomas J. Iannotti sold 9,250 shares of the company’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $599.77, for a total value of $5,547,872.50. Following the sale, the director owned 40,559 shares of the company’s stock, valued at approximately $24,326,071.43. This represents a 18.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 278,088 shares of company stock worth $169,654,805. 0.30% of the stock is owned by insiders.

Applied Materials News Summary

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

• Positive Sentiment: Applied Materials gained attention after reports of a 10-year AI packaging partnership with TSMC, reinforcing its role in the AI supply chain. Applied Materials (AMAT) Lands 10 Year TSMC AI Packaging Partnership
• Positive Sentiment: Analysts and commentators remain upbeat on AMAT’s AI demand outlook, with Bernstein rating the stock a Buy and Stifel-style bullish commentary saying the company should benefit from a long AI investment cycle. Applied Materials (AMAT) Gets a Buy from Bernstein
• Positive Sentiment: Applied Materials was included in lists of AI beneficiaries poised to produce strong cash flow and capitalize on heavy semiconductor infrastructure spending. The AI Boom Isn’t Over: 3 Stocks to Buy for 2H 2026
• Neutral Sentiment: Market headlines also noted Morgan Stanley kept an Equal Weight rating on AMAT, which is supportive but not a strong bullish signal. Morgan Stanley Maintains an “Equal Weight” Rating on Applied Materials, Inc. (AMAT)
• Negative Sentiment: Earlier trading saw AMAT fall with the broader chip sector after weakness in Asian semiconductor names and an oil-price spike pressured tech stocks. Intel, AMD, and Applied Materials Drop 4% as SK Hynix Rout and Oil Spike Hit Chip Stocks

Applied Materials 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.