Applied Materials, Inc. $AMAT Stock Position Lessened by Tectonic Advisors LLC

Tectonic Advisors LLC decreased its position in Applied Materials, Inc. (NASDAQ:AMAT) by 20.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 5,093 shares of the manufacturing equipment provider’s stock after selling 1,345 shares during the period. Tectonic Advisors LLC’s holdings in Applied Materials were worth $2,604,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in AMAT. Wedbush Securities Inc. lifted its holdings in Applied Materials by 11.3% in the 3rd quarter. Wedbush Securities Inc. now owns 14,135 shares of the manufacturing equipment provider’s stock worth $7,228,000 after buying an additional 1,439 shares during the period. BRIA Capital Group LLC grew its position in shares of Applied Materials by 36.0% in the 3rd quarter. BRIA Capital Group LLC now owns 3,841 shares of the manufacturing equipment provider’s stock worth $1,964,000 after buying an additional 1,016 shares during the last quarter. Kennebec Savings Bank increased its stake in shares of Applied Materials by 183.9% during the third quarter. Kennebec Savings Bank now owns 670 shares of the manufacturing equipment provider’s stock valued at $343,000 after buying an additional 434 shares during the period. Washington Trust Advisors Inc. increased its stake in shares of Applied Materials by 177.0% during the third quarter. Washington Trust Advisors Inc. now owns 867 shares of the manufacturing equipment provider’s stock valued at $443,000 after buying an additional 554 shares during the period. Finally, XXI Wealth LLC increased its stake in shares of Applied Materials by 18.3% during the third quarter. XXI Wealth LLC now owns 1,460 shares of the manufacturing equipment provider’s stock valued at $747,000 after buying an additional 226 shares during the period. 80.56% of the stock is owned by hedge funds and other institutional investors.

More Applied Materials News

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

• Positive Sentiment: Strategic investment expands AI and materials exposure. Applied Ventures, Applied Materials’ venture-capital arm, invested in Albert Invent, an AI platform for chemical and materials research. The deal could strengthen Applied’s exposure to software-enabled materials discovery and support longer-term innovation. Albert Invent Welcomes Applied Ventures as Investor
• Positive Sentiment: Analyst estimate revision was modestly favorable. Erste Group raised its FY2027 EPS forecast to $18.67 from $18.59, although it maintained a “Hold” rating. The increase suggests some confidence in Applied Materials’ longer-term earnings outlook. Erste Group estimate update
• Positive Sentiment: AI-related semiconductor investment remains a growth catalyst. Advanced logic, DRAM and advanced-packaging spending is supporting the company’s Semiconductor Systems business, with potential benefits to revenue growth and margins. Can Semiconductor Systems Drive AMAT’s Next Growth Phase?
• Neutral Sentiment: ETF demand provided a technical-support signal. Reports indicated approximately $102.1 million of net ETF buying in Applied Materials, suggesting continued institutional interest, though ETF flows do not necessarily change the company’s fundamentals. Applied Materials Sees $102.1 Million in Net ETF Buying
• Neutral Sentiment: Fiscal 2026 results are scheduled for November 12. The upcoming earnings report will be an important catalyst for assessing demand, margins and management’s outlook. Applied Materials to Report Fourth-Quarter Results
• Negative Sentiment: Lam Research’s outlook pressured the entire equipment group. Lam’s comments that its outlook would be only “a bit higher,” alongside supply constraints, triggered concerns that growth may not accelerate as quickly as expected. Applied Materials and other chip-equipment stocks declined in sympathy. Applied Materials Sinks on Lam’s Outlook
• Negative Sentiment: Relative analysis favors Lam Research. Analysts cited stronger memory growth and customer-support momentum at Lam, giving it an edge over Applied Materials in the wafer-fabrication-equipment market and potentially limiting AMAT’s near-term appeal. AMAT vs. LRCX: Which Stock Has an Edge?

Insider Activity

In other news, CAO Adam Sanders sold 725 shares of the company’s stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $544.56, for a total value of $394,806.00. Following the sale, the chief accounting officer directly owned 3,181 shares of the company’s stock, valued at $1,732,245.36. This represents a 18.56% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Judy Bruner sold 1,000 shares of the stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $465.00, for a total transaction of $465,000.00. Following the completion of the transaction, the director owned 25,544 shares of the company’s stock, valued at approximately $11,877,960. The trade was a 3.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 9,225 shares of company stock worth $4,454,181. Corporate insiders own 0.30% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on AMAT. TD Cowen reaffirmed a “buy” rating and issued a $700.00 price target on shares of Applied Materials in a research note on Friday, August 14th. Cantor Fitzgerald reiterated an “overweight” rating on shares of Applied Materials in a report on Tuesday. Zacks Research lowered shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 15th. The Goldman Sachs Group raised their target price on shares of Applied Materials from $645.00 to $670.00 and gave the stock a “buy” rating in a research report on Friday, August 14th. Finally, New Street Research cut their target price on shares of Applied Materials from $580.00 to $525.00 and set a “neutral” rating on the stock in a research note on Friday, August 14th. Thirty research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $632.70.

Applied Materials Stock Up 0.4%

Shares of NASDAQ:AMAT traded up $1.66 during trading on Friday, hitting $377.24. The stock had a trading volume of 6,908,789 shares, compared to its average volume of 6,877,334. The company has a market capitalization of $299.38 billion, a PE ratio of 32.52, a PEG ratio of 1.04 and a beta of 1.60. The company has a quick ratio of 1.79, a current ratio of 2.42 and a debt-to-equity ratio of 0.20. The firm’s fifty day moving average is $467.37 and its 200 day moving average is $486.93. Applied Materials, Inc. has a 12 month low of $203.40 and a 12 month high of $739.67.

Applied Materials (NASDAQ:AMAT) last released its quarterly 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 return on equity of 38.02% and a net margin of 30.05%. The firm’s revenue was up 24.8% on a year-over-year basis. During the same period in the previous year, the company posted $2.48 earnings per share. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. Analysts anticipate that Applied Materials, Inc. will post 12.79 EPS for the current fiscal year.

Applied Materials Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Thursday, November 19th will be issued a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Thursday, November 19th. Applied Materials’s payout ratio is 18.28%.

Applied Materials Profile

Applied Materials, Inc is a technology company that supplies equipment, services and software used to manufacture semiconductors and advanced displays. Its products help customers fabricate the integrated circuits and other components used in computers, mobile devices, data centers, automobiles and a range of connected technologies.

The company’s offerings include systems for materials engineering, wafer fabrication, inspection and process control, along with equipment and services designed to improve manufacturing productivity and yield.