Crew Capital Management Ltd Cuts Stock Holdings in Applied Materials, Inc. $AMAT

Crew Capital Management Ltd lowered its position in Applied Materials, Inc. (NASDAQ:AMAT) by 26.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,545 shares of the manufacturing equipment provider’s stock after selling 1,627 shares during the period. Applied Materials comprises approximately 1.8% of Crew Capital Management Ltd’s holdings, making the stock its 11th largest position. Crew Capital Management Ltd’s holdings in Applied Materials were worth $3,286,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Financial Freedom LLC acquired a new stake in shares of Applied Materials in the 1st quarter valued at approximately $28,000. Elevation Wealth Partners LLC grew its holdings in Applied Materials by 34.8% during the second quarter. Elevation Wealth Partners LLC now owns 93 shares of the manufacturing equipment provider’s stock worth $67,000 after acquiring an additional 24 shares during the period. Cornerstone Financial Management LLC acquired a new position in Applied Materials during the fourth quarter worth $25,000. Whipplewood Advisors LLC raised its position in Applied Materials by 218.8% in the first quarter. Whipplewood Advisors LLC now owns 102 shares of the manufacturing equipment provider’s stock worth $35,000 after acquiring an additional 70 shares in the last quarter. Finally, Wilkerson Advisory Group LLC purchased a new position in Applied Materials in the fourth quarter worth $26,000. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Wall Street Analysts Forecast Growth

AMAT has been the topic of several research analyst reports. JPMorgan Chase & Co. boosted their target price on shares of Applied Materials from $515.00 to $660.00 and gave the stock an “overweight” rating in a research report on Friday. Sanford C. Bernstein increased their price target on shares of Applied Materials from $675.00 to $700.00 and gave the company an “outperform” rating in a report on Friday. Craig Hallum raised their price objective on shares of Applied Materials from $530.00 to $585.00 and gave the company a “buy” rating in a research note on Friday. Bank of America decreased their price objective on shares of Applied Materials from $720.00 to $650.00 and set a “buy” rating on the stock in a report on Friday. Finally, UBS Group set a $675.00 target price on shares of Applied Materials in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, Applied Materials presently has an average rating of “Moderate Buy” and an average target price of $640.17.

Applied Materials Stock Performance

Applied Materials stock opened at $507.18 on Friday. Applied Materials, Inc. has a fifty-two week low of $154.46 and a fifty-two week high of $739.67. The company has a market capitalization of $402.68 billion, a price-to-earnings ratio of 43.72, a PEG ratio of 1.28 and a beta of 1.61. The stock has a fifty day moving average of $564.15 and a two-hundred day moving average of $444.89. 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 (NASDAQ:AMAT) last issued its quarterly earnings data on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.40 by $0.10. The business had revenue of $9.12 billion for the quarter, compared to the consensus estimate of $8.99 billion. Applied Materials had a return on equity of 39.58% and a net margin of 30.05%.The business’s revenue was up 24.8% on a year-over-year basis. During the same period in the prior year, the business earned $2.48 earnings per share. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. On average, analysts anticipate that Applied Materials, Inc. will post 12.48 EPS for the current fiscal year.

Applied Materials Announces Dividend

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

Insider Buying and Selling

In other news, Director Thomas J. Iannotti sold 9,250 shares of Applied Materials stock in a transaction dated 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 sale, the director directly owned 40,559 shares in the company, valued at $24,326,071.43. The trade was a 18.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Prabu G. Raja sold 50,000 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $505.28, for a total transaction of $25,264,000.00. Following the completion of the transaction, the insider directly owned 356,642 shares of the company’s stock, valued at approximately $180,204,069.76. This represents a 12.30% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 278,088 shares of company stock worth $169,654,805 in the last 90 days. 0.30% of the stock is currently owned by corporate insiders.

Key Applied Materials News

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

• Positive Sentiment: Record quarterly performance: Fiscal Q3 revenue rose 24.8% year over year to $9.12 billion, ahead of the $8.99 billion consensus estimate, while adjusted EPS of $3.50 exceeded expectations. AI infrastructure demand, advanced packaging and memory spending supported growth. Applied Materials Q3 Earnings Beat Estimates, Revenues Rise Y/Y
• Positive Sentiment: Above-consensus outlook: Management projected fiscal Q4 revenue of approximately $9.8 billion to $10.8 billion and EPS of $3.82 to $4.22, both above analyst expectations. The company also pointed to stronger systems growth and unusually long customer visibility into fiscal 2027 and beyond. Applied Materials Forecasts Quarterly Revenue Above Estimates
• Positive Sentiment: Analyst and institutional support: JPMorgan, RBC, TD Cowen, B. Riley, Needham and other firms maintained positive ratings or raised price targets. Soros Capital also reportedly added AMAT among several semiconductor positions, reinforcing the longer-term AI and chip-cycle investment case. Soros Capital Loads Up on Semiconductor Stocks
• Neutral Sentiment: Options imply a possible rebound: Derivatives-market data indicates traders expect the pullback could be temporary, although elevated volatility reflects uncertainty over the stock’s near-term direction. Applied Materials Options Data
• Negative Sentiment: Expectations were exceptionally high: Despite the earnings beat and upbeat guidance, investors wanted faster growth and clearer evidence that AMAT is outpacing rivals in semiconductor manufacturing equipment. Concerns about competition, margins and the pace of systems growth overshadowed the headline results. Applied Materials Slips as Investors Seek Faster Growth
• Negative Sentiment: Broader market pressure added to selling: Weaker July retail-sales data, profit-taking after record highs and a semiconductor-sector selloff weighed on AMAT and other AI-related stocks.

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.