Applied Materials, Inc. $AMAT Stake Trimmed by Cyndeo Wealth Partners LLC

Cyndeo Wealth Partners LLC reduced its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 33.8% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 8,844 shares of the manufacturing equipment provider’s stock after selling 4,517 shares during the period. Cyndeo Wealth Partners LLC’s holdings in Applied Materials were worth $4,523,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of AMAT. Harborfront Financial Group LLC purchased a new position in Applied Materials in the second quarter valued at approximately $27,000. Financial Freedom LLC bought a new position in Applied Materials during the first quarter valued at $28,000. Dakota Community Bank & Trust NA purchased a new stake in Applied Materials in the third quarter worth $31,000. Orion Capital Management LLC purchased a new stake in Applied Materials in the second quarter worth $33,000. Finally, Highland Investment Advisors LLC purchased a new stake in Applied Materials in the second quarter worth $33,000. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Key Applied Materials News

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

• Positive Sentiment: Applied Materials opened its $5 billion EPIC Center in Sunnyvale, California, described as the world’s largest semiconductor equipment and process-technology research facility. The investment should strengthen the company’s ability to develop equipment for advanced chips and capitalize on long-term AI and semiconductor capacity growth. Applied Materials opens $5B semiconductor innovation center
• Positive Sentiment: Needham lowered its Applied Materials price target from $740 to $580 but maintained a “buy” rating, indicating that the recent pullback has created what the firm considers meaningful upside. Other recent commentary also highlights AMAT’s broad equipment portfolio and strategic position in semiconductor manufacturing.
• Positive Sentiment: Investors are evaluating whether the current decline could offer an attractive entry point. Historical rebounds after sharp selloffs, continued semiconductor capacity expansion, and expectations for a sales recovery support the longer-term bullish case. Has Buying Applied Materials Stock’s Dips Paid Off?
• Neutral Sentiment: Analyst commentary is mixed: some reports identify Applied Materials as a growth-at-a-reasonable-price opportunity, while others present a more cautious view of technology stocks. ETF activity has also been inconsistent, with 31 funds adding AMAT on October 13 but ETFs collectively selling shares on October 14.
• Negative Sentiment: Chip-equipment stocks are recording unusually long losing streaks as investors question whether AI-related spending can continue at its current pace. Those sector-wide concerns are currently outweighing the potential benefits of the new research center and are contributing to AMAT’s decline. Chip Equipment Stocks Notch Historic Losing Streaks

Applied Materials Trading Down 4.8%

Shares of AMAT stock opened at $409.29 on Friday. The stock has a market capitalization of $324.81 billion, a price-to-earnings ratio of 35.28, a PEG ratio of 1.20 and a beta of 1.60. The company’s fifty day simple moving average is $480.52 and its two-hundred day simple moving average is $485.08. Applied Materials, Inc. has a 1 year low of $203.40 and a 1 year high of $739.67. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.42 and a quick ratio of 1.79.

Applied Materials (NASDAQ:AMAT) last released 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. The company had revenue of $9.12 billion during 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% compared to the same quarter last year. During the same period last year, the business earned $2.48 earnings per share. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. As a group, analysts anticipate that Applied Materials, Inc. will post 12.79 earnings per share for the current year.

Applied Materials Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Thursday, November 19th will be given a dividend of $0.53 per share. The ex-dividend date is Thursday, November 19th. This represents a $2.12 annualized dividend and a yield of 0.5%. Applied Materials’s payout ratio is presently 18.28%.

Insiders Place Their Bets

In other Applied Materials news, CFO Brice Hill sold 7,500 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $479.25, for a total transaction of $3,594,375.00. Following the sale, the chief financial officer owned 128,613 shares in the company, valued at $61,637,780.25. This trade represents a 5.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Judy Bruner sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $465.00, for a total value of $465,000.00. Following the transaction, the director directly owned 25,544 shares in the company, valued at approximately $11,877,960. This represents a 3.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 9,225 shares of company stock valued at $4,454,181 in the last quarter. Corporate insiders own 0.30% of the company’s stock.

Wall Street Analysts Forecast Growth

AMAT has been the topic of a number of recent research reports. Morgan Stanley dropped their price target on Applied Materials from $642.00 to $563.00 and set an “equal weight” rating on the stock in a research report on Monday, September 28th. Mizuho cut their price target on Applied Materials from $650.00 to $590.00 and set an “outperform” rating for the company in a research note on Tuesday, August 25th. Evercore set a $590.00 price objective on Applied Materials in a report on Thursday. Bank of America lowered their price objective on Applied Materials from $720.00 to $650.00 and set a “buy” rating on the stock in a research note on Friday, August 14th. Finally, New Street Research dropped their price objective on shares of Applied Materials from $580.00 to $525.00 and set a “neutral” rating on the stock in a report on Friday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $632.70.

Applied Materials Profile

Applied Materials, Inc is a global supplier of equipment, services and software used to manufacture semiconductor chips, flat-panel displays and other advanced electronic products. Its technologies help customers build and enhance materials at the nanoscale, supporting processes such as deposition, etching, inspection, metrology and packaging.

The company’s offerings include semiconductor manufacturing systems, process-control and inspection equipment, and services designed to improve the performance, productivity and longevity of production equipment.