Applied Materials, Inc. $AMAT Shares Acquired by Three Seasons Wealth LLC

Three Seasons Wealth LLC grew its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 328.8% in the first quarter, HoldingsChannel reports. The institutional investor owned 7,525 shares of the manufacturing equipment provider’s stock after buying an additional 5,770 shares during the period. Applied Materials makes up 1.0% of Three Seasons Wealth LLC’s investment portfolio, making the stock its 27th largest position. Three Seasons Wealth LLC’s holdings in Applied Materials were worth $2,572,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Cornerstone Financial Management LLC purchased a new position in shares of Applied Materials in the fourth quarter worth about $25,000. Wilkerson Advisory Group LLC acquired a new stake in Applied Materials during the 4th quarter valued at approximately $26,000. Financial Freedom LLC acquired a new stake in Applied Materials during the 1st quarter valued at approximately $28,000. Highline Wealth Partners LLC boosted its holdings in shares of 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 acquiring an additional 38 shares during the last quarter. Finally, Joseph Group Capital Management purchased a new stake in shares of Applied Materials in the 4th quarter valued at $31,000. 80.56% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on AMAT. HC Wainwright set a $850.00 target price on shares of Applied Materials in a report on Monday, June 29th. Barclays upped 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. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $525.00 price target on shares of Applied Materials in a research report on Friday, May 15th. Citigroup lifted their price objective on Applied Materials from $550.00 to $710.00 and gave the company a “buy” rating in a research note on Wednesday, June 17th. Finally, Morgan Stanley upped their target price on Applied Materials from $502.00 to $647.00 and gave the stock an “equal weight” rating in a research note on Monday, July 6th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, Applied Materials has a consensus rating of “Moderate Buy” and an average target price of $593.84.

Applied Materials News Summary

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

• Positive Sentiment: Management commentary suggested AI-driven semiconductor equipment spending could stay elevated for years, strengthening confidence in Applied Materials’ multiyear demand outlook. Applied Materials CEO Just Reinforced the AI Investment Thesis. How to Play AMAT Stock Here.
• Positive Sentiment: Mizuho raised its price target on AMAT, citing strong demand commentary and expecting EPS growth of more than 36% over the next year. Mizuho Raises PT on Applied Materials (AMAT)
• Positive Sentiment: Applied Materials was highlighted as a key AI infrastructure and “picks-and-shovels” play, with articles arguing the stock could continue trending higher alongside AI hardware spending. Applied Materials: The Picks-and-Shovels Play in an AI Era Will Continue to Trend Higher
• Positive Sentiment: Reports also pointed to a 10-year AI packaging partnership with TSMC and a Buy rating from Bernstein, both of which support the bull case for long-term demand. Applied Materials (AMAT) Lands 10 Year TSMC AI Packaging Partnership Applied Materials (AMAT) Gets a Buy from Bernstein
• Neutral Sentiment: Some commentary notes the stock has already run sharply over the past six months, so investors may be weighing whether much of the AI optimism is already priced in. 2 Reasons to Watch AMAT and 1 to Stay Cautious
• Neutral Sentiment: Broader semiconductor strength and lower inflation also helped sentiment across AI hardware names, including AMAT, KLA, and Teradyne. Applied Materials, KLA Corporation, and Teradyne Shares Skyrocket, What You Need To Know

Applied Materials Stock Performance

Shares of NASDAQ AMAT opened at $579.43 on Thursday. The company has a market capitalization of $460.04 billion, a PE ratio of 54.41, a price-to-earnings-growth ratio of 1.51 and a beta of 1.57. 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 company’s fifty day moving average price is $528.23 and its 200 day moving average price is $410.12. Applied Materials, Inc. has a 1 year low of $154.46 and a 1 year high of $739.67.

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

Applied Materials Announces Dividend

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 paid a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Thursday, August 20th. Applied Materials’s payout ratio is currently 19.91%.

Insider Buying and Selling

In related news, CEO Gary E. Dickerson sold 71,727 shares of the company’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $593.75, for a total value of $42,587,906.25. Following the completion of the transaction, the chief executive officer owned 1,695,164 shares of the company’s stock, valued at approximately $1,006,503,625. This represents a 4.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Thomas J. Iannotti sold 9,250 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the director directly owned 40,559 shares in the company, valued at approximately $24,326,071.43. The trade was a 18.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 278,088 shares of company stock worth $169,654,805 in the last ninety days. 0.30% of the stock is owned by corporate 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.