Applied Materials, Inc. $AMAT Shares Sold by Cardano Risk Management B.V.

Cardano Risk Management B.V. decreased its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 5.2% during the second quarter, Holdings Channel.com reports. The fund owned 362,421 shares of the manufacturing equipment provider’s stock after selling 19,886 shares during the period. Applied Materials accounts for approximately 2.0% of Cardano Risk Management B.V.’s holdings, making the stock its 14th biggest holding. Cardano Risk Management B.V.’s holdings in Applied Materials were worth $262,030,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of AMAT. Evolve Private Wealth LLC lifted its holdings in shares of Applied Materials by 59.0% during the first quarter. Evolve Private Wealth LLC now owns 2,875 shares of the manufacturing equipment provider’s stock worth $983,000 after purchasing an additional 1,067 shares during the period. WealthPlan Investment Management LLC acquired a new position in Applied Materials in the 4th quarter worth approximately $1,082,000. Ameritas Advisory Services LLC raised its position in Applied Materials by 183.7% during the 4th quarter. Ameritas Advisory Services LLC now owns 3,073 shares of the manufacturing equipment provider’s stock worth $790,000 after buying an additional 1,990 shares during the last quarter. Assetmark Inc. raised its position in Applied Materials by 9.3% during the 4th quarter. Assetmark Inc. now owns 376,513 shares of the manufacturing equipment provider’s stock worth $96,760,000 after buying an additional 32,136 shares during the last quarter. Finally, CloudAlpha Capital Management Limited Hong Kong lifted its stake in Applied Materials by 204.8% during the 4th quarter. CloudAlpha Capital Management Limited Hong Kong now owns 140,773 shares of the manufacturing equipment provider’s stock valued at $36,177,000 after acquiring an additional 94,587 shares during the period. 80.56% of the stock is owned by hedge funds and other institutional investors.

Applied Materials Stock Performance

Shares of AMAT stock opened at $539.14 on Friday. The company has a current ratio of 2.51, a quick ratio of 1.80 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. The business’s 50 day moving average is $559.47 and its two-hundred day moving average is $437.71. The company has a market capitalization of $428.06 billion, a P/E ratio of 50.62, a P/E/G ratio of 1.37 and a beta of 1.61.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, beating analysts’ consensus estimates of $2.68 by $0.18. The business had revenue of $7.91 billion during the quarter, compared to analysts’ expectations of $7.68 billion. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The business’s revenue was up 11.4% compared to the same quarter last year. During the same period in the previous year, the business earned $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Analysts expect that Applied Materials, Inc. will post 12.17 EPS for the current fiscal year.

Applied Materials Announces Dividend

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

Insider Buying and Selling

In other Applied Materials news, Director Thomas J. Iannotti sold 9,250 shares of the company’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $599.77, for a total transaction of $5,547,872.50. Following the completion of the transaction, the director directly owned 40,559 shares in the company, valued at approximately $24,326,071.43. This represents a 18.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Prabu G. Raja sold 10,000 shares of the stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $633.53, for a total transaction of $6,335,300.00. Following the transaction, the insider directly owned 346,642 shares in the company, valued at approximately $219,608,106.26. The trade was a 2.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 278,088 shares of company stock worth $169,654,805 in the last 90 days. 0.30% of the stock is owned by insiders.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Raymond James Financial set a $650.00 price objective on shares of Applied Materials in a report on Wednesday, June 10th. The Goldman Sachs Group restated a “buy” rating and set a $645.00 target price on shares of Applied Materials in a research report on Monday, August 3rd. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $525.00 price target on shares of Applied Materials in a report on Friday, May 15th. JPMorgan Chase & Co. increased their price target on Applied Materials from $400.00 to $515.00 and gave the stock an “overweight” rating in a research report on Friday, May 15th. Finally, TD Cowen lifted their price objective on Applied Materials from $525.00 to $700.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, Applied Materials has an average rating of “Moderate Buy” and an average price target of $603.23.

Trending Headlines about Applied Materials

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

• Positive Sentiment: Analysts remain broadly optimistic about AMAT, with consensus price targets implying additional upside. Citi reportedly identified Applied Materials as a top semiconductor pick following the sector’s selloff, while other coverage highlights the company’s strong position in deposition, etch, inspection and wafer-processing equipment. Are Wall Street Analysts Predicting Applied Materials Stock Will Climb or Sink?
• Positive Sentiment: AI infrastructure spending is supporting the outlook for semiconductor manufacturing equipment. A potential Tesla-SpaceX “Terafab” buildout, along with rising demand for AI chips, advanced packaging and memory, could create additional opportunities for Applied Materials. Tesla-SpaceX Terafab Bet
• Positive Sentiment: Expectations for the August 13 report are favorable: analysts anticipate earnings growth and a potential beat. Applied Materials’ previous quarter exceeded consensus on both earnings and revenue, with revenue up 11.4% year over year, providing a constructive comparison for the upcoming release. Applied Materials Reports Next Week
• Neutral Sentiment: Options markets are pricing a potentially large earnings move, reportedly around 11%. That highlights significant event risk: a strong report and outlook could extend the rally, but merely meeting high expectations may not be enough. Options Market and AMAT’s Earnings Move
• Negative Sentiment: Erste Group Bank lowered its rating on AMAT to Hold. The downgrade adds pressure after the stock’s strong rebound and reinforces concerns that substantial AI optimism is already reflected in the valuation. Applied Materials Rating Lowered to Hold
• Negative Sentiment: Investor Michael Burry’s disclosed short positions in AI-linked semiconductor names, including Applied Materials, have revived concerns about an AI-stock reversal and heightened volatility. As Burry Targets AI Chip Names

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.