RB Capital Management LLC Acquires Shares of 2,521 Applied Materials, Inc. $AMAT

RB Capital Management LLC acquired a new position in Applied Materials, Inc. (NASDAQ:AMAT) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 2,521 shares of the manufacturing equipment provider’s stock, valued at approximately $1,823,000.

Other hedge funds have also made changes to their positions in the company. Harborfront Financial Group LLC acquired a new stake in shares of Applied Materials in the second quarter worth approximately $27,000. Orion Capital Management LLC acquired a new position in Applied Materials in the 2nd quarter valued at $33,000. BOK Financial Private Wealth Inc. purchased a new position in Applied Materials in the 2nd quarter valued at $41,000. Financial Freedom LLC acquired a new stake in Applied Materials during the 1st quarter worth $28,000. Finally, Elevation Wealth Partners LLC grew its holdings in shares of 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 buying an additional 24 shares in the last quarter. Institutional investors and hedge funds own 80.56% of the company’s stock.

Insider Buying and Selling

In other Applied Materials news, CEO Gary E. Dickerson sold 71,727 shares of the firm’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $593.75, for a total transaction of $42,587,906.25. Following the completion of the sale, the chief executive officer owned 1,695,164 shares of the company’s stock, valued at $1,006,503,625. This trade represents a 4.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Prabu G. Raja sold 50,000 shares of Applied Materials stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $505.28, for a total value of $25,264,000.00. Following the completion of the sale, the insider owned 356,642 shares in the company, valued at $180,204,069.76. This represents a 12.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 284,192 shares of company stock valued at $172,625,209 in the last ninety days. Company insiders own 0.30% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Seaport Research Partners reiterated a “buy” rating and issued a $575.00 target price on shares of Applied Materials in a research report on Friday, August 14th. JPMorgan Chase & Co. upped their price objective on shares of Applied Materials from $515.00 to $660.00 and gave the company an “overweight” rating in a research note on Friday, August 14th. Raymond James Financial set a $650.00 price objective on shares of Applied Materials in a report on Wednesday, June 10th. Wall Street Zen upgraded Applied Materials from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. Finally, Jefferies Financial Group upped their price target on Applied Materials from $510.00 to $770.00 and gave the company a “buy” rating in a research report on Friday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $657.76.

Applied Materials News Roundup

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

• Positive Sentiment: Semiconductor and AI demand remains strong: Recent coverage highlights Applied Materials’ $9.12 billion third-quarter revenue, up 25% year over year, and non-GAAP EPS of $3.50, up 41%. Management cited record demand visibility from AI infrastructure, more than 10 new fab projects during the quarter and fourth-quarter revenue guidance of $10.25 billion. The company is also continuing share repurchases and investing $5 billion in its EPIC Center to accelerate semiconductor innovation. The AI Buildout Is Turning Applied Materials Into A Profit Machine
• Positive Sentiment: New board member adds semiconductor expertise: AMAT appointed Akash Palkhiwala, Qualcomm’s CFO and COO, to its board and Audit Committee. His finance, operations and industry experience could strengthen oversight as Applied Materials pursues growth tied to advanced logic, memory and AI chip production. Applied Materials Appoints Akash Palkhiwala to Board of Directors
• Neutral Sentiment: Options market signals elevated uncertainty: A new analysis says options pricing for roughly one year ahead implies a particularly wide potential trading range, extending materially below and above the current level. That suggests investors should expect significant volatility rather than providing a clear directional signal. How Far Applied Materials Stock Can Move In A Year
• Negative Sentiment: CFO share sale may weigh modestly on sentiment: CFO Brice Hill sold 7,500 AMAT shares for approximately $3.6 million, reducing his direct holdings by 5.51%. The sale does not alter the company’s operating outlook, but insider selling can create a limited short-term sentiment overhang. SEC Insider Transaction Filing

Applied Materials Price Performance

Shares of AMAT stock opened at $461.67 on Friday. 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 firm’s 50-day moving average is $550.80 and its two-hundred day moving average is $456.77. Applied Materials, Inc. has a 12 month low of $154.46 and a 12 month high of $739.67. The company has a market capitalization of $366.38 billion, a PE ratio of 39.80, a price-to-earnings-growth ratio of 1.03 and a beta of 1.61.

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

Applied Materials Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be given a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 0.5%. The ex-dividend date is Thursday, August 20th. Applied Materials’s dividend payout ratio is presently 18.28%.

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.