Applied Materials, Inc. $AMAT Position Raised by Park Place Capital Corp

Park Place Capital Corp grew its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 340.1% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 5,977 shares of the manufacturing equipment provider’s stock after purchasing an additional 4,619 shares during the quarter. Park Place Capital Corp’s holdings in Applied Materials were worth $4,321,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. JFS Wealth Advisors LLC lifted its position in Applied Materials by 4.3% in the 2nd quarter. JFS Wealth Advisors LLC now owns 409 shares of the manufacturing equipment provider’s stock valued at $296,000 after purchasing an additional 17 shares during the last quarter. Innovative Asset Advisors Group LLC grew its position in Applied Materials by 2.1% in the 2nd quarter. Innovative Asset Advisors Group LLC now owns 961 shares of the manufacturing equipment provider’s stock worth $695,000 after purchasing an additional 20 shares during the last quarter. Stonebridge Financial Group LLC increased its stake in shares of Applied Materials by 2.1% in the second quarter. Stonebridge Financial Group LLC now owns 1,003 shares of the manufacturing equipment provider’s stock valued at $725,000 after purchasing an additional 21 shares during the period. N.E.W. Advisory Services LLC increased its stake in shares of Applied Materials by 5.9% in the second quarter. N.E.W. Advisory Services LLC now owns 377 shares of the manufacturing equipment provider’s stock valued at $273,000 after purchasing an additional 21 shares during the period. Finally, IMG Wealth Management Inc. increased its stake in shares of Applied Materials by 13.0% in the second quarter. IMG Wealth Management Inc. now owns 183 shares of the manufacturing equipment provider’s stock valued at $132,000 after purchasing an additional 21 shares during the period. Institutional investors own 80.56% of the company’s stock.

More Applied Materials News

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

• Positive Sentiment: AI infrastructure is supporting a new growth cycle. Chipmakers are increasing spending on advanced DRAM, high-bandwidth memory, leading-edge logic and advanced packaging—all areas that benefit Applied Materials’ semiconductor equipment business. The company’s latest quarter showed revenue growth of 24.8% year over year, with earnings and revenue exceeding analyst expectations. Applied Materials Enters a New AI-Driven Growth Cycle
• Positive Sentiment: Services and parts demand remain resilient. Applied Materials’ Applied Global Services (AGS) division reportedly reached record revenue and expanded margins, helped by subscription services, parts demand and higher semiconductor-fab utilization. This recurring revenue can provide stability across equipment cycles. AMAT’s AGS Business Gains Momentum
• Positive Sentiment: Analysts see potential upside after the recent selloff. Consensus price targets imply roughly 35% upside, while another report cited an average target near $641. However, these targets depend on continued earnings-estimate improvements and sustained AI spending. Analyst Upside Potential for AMAT
• Neutral Sentiment: Mizuho remains constructive but lowered its target. The firm reduced its price target from $650 to $590 while maintaining an “outperform” rating, reflecting a more cautious near-term outlook despite expected upside. Mizuho AMAT Price Target Update
• Negative Sentiment: China exposure is the main overhang. Tighter export controls and the emergence of Chinese domestic immersion DUV lithography systems are raising concerns about Applied Materials’ competitiveness and future China sales. Reports caution that not all of the company’s approximately $2.087 billion in quarterly China revenue is immediately threatened, but investors are still pricing in greater regulatory and competitive risk. Applied Materials’ China Problem Is Getting Worse

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on AMAT. Citigroup reiterated a “buy” rating on shares of Applied Materials in a research report on Monday, August 3rd. Raymond James Financial set a $650.00 target price on Applied Materials in a research report on Wednesday, June 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $605.00 target price on shares of Applied Materials in a research note on Friday, August 14th. TD Cowen reiterated a “buy” rating and set a $700.00 price target on shares of Applied Materials in a research report on Friday, August 14th. Finally, Wells Fargo & Company increased their price target on Applied Materials from $715.00 to $740.00 and gave the stock an “overweight” rating in a research note on Friday, June 26th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $657.76.

Applied Materials Trading Down 0.1%

Applied Materials stock opened at $479.76 on Thursday. The firm has a 50 day simple moving average of $556.61 and a 200-day simple moving average of $455.61. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.42 and a quick ratio of 1.79. The stock has a market capitalization of $380.74 billion, a PE ratio of 41.36, a price-to-earnings-growth ratio of 1.03 and a beta of 1.61. Applied Materials, Inc. has a 12-month low of $154.46 and a 12-month high of $739.67.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings data on Thursday, August 13th. The manufacturing equipment provider reported $3.50 EPS for the quarter, beating analysts’ consensus estimates of $3.40 by $0.10. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The business had revenue of $9.12 billion for the quarter, compared to analyst estimates of $8.99 billion. During the same quarter last year, the business earned $2.48 earnings per share. The business’s revenue for the quarter was up 24.8% on a year-over-year basis. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. As a group, equities research analysts expect that Applied Materials, Inc. will post 12.73 EPS for the current fiscal year.

Applied Materials Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be given a dividend of $0.53 per share. The ex-dividend date is Thursday, August 20th. This represents a $2.12 annualized dividend and a dividend yield of 0.4%. Applied Materials’s dividend payout ratio (DPR) is 18.28%.

Insider Buying and Selling

In related news, SVP Timothy M. Deane sold 8,621 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $590.76, for a total transaction of $5,092,941.96. Following the completion of the transaction, the senior vice president owned 134,631 shares of the company’s stock, valued at $79,534,609.56. This trade represents a 6.02% 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, SVP Omkaram Nalamasu sold 24,263 shares of Applied Materials stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $593.43, for a total value of $14,398,392.09. Following the transaction, the senior vice president directly owned 146,916 shares in the company, valued at approximately $87,184,361.88. The trade was a 14.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 276,692 shares of company stock worth $169,030,834. 0.30% of the stock is owned by corporate insiders.

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.