NewEdge Wealth LLC Has $39.73 Million Stake in Applied Materials, Inc. $AMAT

NewEdge Wealth LLC reduced its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 4.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 116,244 shares of the manufacturing equipment provider’s stock after selling 5,918 shares during the period. NewEdge Wealth LLC’s holdings in Applied Materials were worth $39,731,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Private Wealth Management Group LLC raised its holdings in Applied Materials by 4.9% in the 1st quarter. Private Wealth Management Group LLC now owns 531 shares of the manufacturing equipment provider’s stock valued at $181,000 after acquiring an additional 25 shares in the last quarter. One Day In July LLC lifted its position in shares of Applied Materials by 2.4% during the 1st quarter. One Day In July LLC now owns 1,089 shares of the manufacturing equipment provider’s stock valued at $372,000 after acquiring an additional 26 shares during the period. Pinnacle Bancorp Inc. grew its holdings in shares of Applied Materials by 1.3% during the 1st quarter. Pinnacle Bancorp Inc. now owns 2,082 shares of the manufacturing equipment provider’s stock worth $712,000 after purchasing an additional 27 shares in the last quarter. Horst & Graben Wealth Management LLC grew its holdings in shares of Applied Materials by 2.1% during the 1st quarter. Horst & Graben Wealth Management LLC now owns 1,304 shares of the manufacturing equipment provider’s stock worth $446,000 after purchasing an additional 27 shares in the last quarter. Finally, Warther Private Wealth LLC increased its position in shares of Applied Materials by 1.5% in the fourth quarter. Warther Private Wealth LLC now owns 1,908 shares of the manufacturing equipment provider’s stock worth $490,000 after purchasing an additional 28 shares during the period. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials News Summary

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

• Positive Sentiment: Applied Materials benefited from renewed optimism around chipmaking capacity and AI demand after Taiwan Semiconductor raised chipmaking prices and another supplier lifted guidance, reinforcing expectations for continued equipment spending across the sector. Why Applied Materials (AMAT) Stock Is Up Today
• Positive Sentiment: Applied Materials’ installed base services business is generating recurring revenue growth, with Applied Global Services revenue rising year over year, which supports margins and provides more predictable cash flow. Is AMAT’s Installed Base Business Built for Long-Term Growth?
• Positive Sentiment: Technical commentary suggests AMAT may be ripe for a rebound after a short losing streak, indicating some traders see the recent pullback as temporary rather than a change in fundamentals. History Says Applied Materials Stock Looks Ripe for Rebound
• Neutral Sentiment: Some broader market commentary flagged AMAT as a stock to watch, but the article mainly focused on general index leadership and did not point to a new company-specific catalyst. 2 S&P 500 Stocks to Keep an Eye On and 1 We Avoid
• Negative Sentiment: AMAT has also seen near-term weakness after a strong run, with recent sessions showing multiple losses as investors may be locking in gains. History Says Applied Materials Stock Looks Ripe for Rebound
• Negative Sentiment: One recent market recap noted that Applied Materials traded lower versus the broader market, reflecting the stock’s short-term volatility rather than a fundamental deterioration. Applied Materials (AMAT) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on AMAT shares. Wolfe Research boosted their price target on Applied Materials from $500.00 to $550.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. Bank of America increased their price objective on shares of Applied Materials from $540.00 to $720.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. HC Wainwright set a $850.00 target price on shares of Applied Materials in a report on Monday, June 29th. UBS Group boosted their target price on shares of Applied Materials from $570.00 to $705.00 and gave the company a “buy” rating in a research report on Wednesday, July 15th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Applied Materials in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, Applied Materials has a consensus rating of “Moderate Buy” and an average target price of $593.84.

Applied Materials Price Performance

Applied Materials stock opened at $553.92 on Thursday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.80 and a current ratio of 2.51. Applied Materials, Inc. has a 52 week low of $154.46 and a 52 week high of $739.67. The stock has a market capitalization of $439.79 billion, a P/E ratio of 52.01, a price-to-earnings-growth ratio of 1.43 and a beta of 1.57. The stock has a fifty day moving average of $539.78 and a 200-day moving average of $420.23.

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 the consensus estimate of $2.68 by $0.18. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The business had revenue of $7.91 billion for the quarter, compared to analyst estimates of $7.68 billion. During the same period last year, the firm posted $2.39 earnings per share. Applied Materials’s 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, sell-side analysts expect that Applied Materials, Inc. will post 12.14 earnings per share for the current fiscal 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 issued a $0.53 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.4%. Applied Materials’s dividend payout ratio is 19.91%.

Insider Buying and Selling

In other news, 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 sale, the director directly owned 40,559 shares in the company, valued at approximately $24,326,071.43. This trade represents a 18.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Gary E. Dickerson sold 20,000 shares of Applied Materials stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $735.22, for a total transaction of $14,704,400.00. Following the sale, the chief executive officer directly owned 1,599,843 shares in the company, valued at $1,176,236,570.46. This trade represents a 1.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 278,088 shares of company stock worth $169,654,805 in the last quarter. Corporate insiders own 0.30% of the company’s stock.

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.