Applied Materials, Inc. $AMAT Holdings Lifted by Glenview Trust Co

Glenview Trust Co lifted its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 4.8% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 55,516 shares of the manufacturing equipment provider’s stock after buying an additional 2,536 shares during the quarter. Glenview Trust Co’s holdings in Applied Materials were worth $28,390,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of AMAT. BlackRock Inc. grew its stake in shares of Applied Materials by 1.6% in the second quarter. BlackRock Inc. now owns 80,212,518 shares of the manufacturing equipment provider’s stock valued at $57,993,650,000 after acquiring an additional 1,237,685 shares in the last quarter. State Street Corp raised its stake in Applied Materials by 85.4% in the 2nd quarter. State Street Corp now owns 69,525,842 shares of the manufacturing equipment provider’s stock worth $50,267,184,000 after purchasing an additional 32,018,892 shares in the last quarter. Amundi raised its stake in Applied Materials by 19.0% in the 2nd quarter. Amundi now owns 7,808,207 shares of the manufacturing equipment provider’s stock worth $5,645,344,000 after purchasing an additional 1,246,876 shares in the last quarter. Van ECK Associates Corp raised its stake in Applied Materials by 16.2% in the 2nd quarter. Van ECK Associates Corp now owns 7,713,599 shares of the manufacturing equipment provider’s stock worth $5,576,932,000 after purchasing an additional 1,073,879 shares in the last quarter. Finally, Bank of America Corp DE bought a new stake in Applied Materials in the 2nd quarter valued at about $5,252,863,000. 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’ planned move to raise its Besi stake to 20% is strengthening its exposure to hybrid bonding, a packaging technology that could benefit from rising AI-chip complexity. TIKR describes a bullish long-term scenario, with a potential price target of approximately $806 versus a roughly $628 Wall Street target. Applied Materials hybrid bonding analysis
• Positive Sentiment: Recent coverage highlights a quarter with 51% growth and argues that AMAT trades at about 23 times forward earnings, a valuation that may look reasonable if AI-related semiconductor-equipment demand remains strong. The company also recently exceeded earnings and revenue estimates and issued fourth-quarter EPS guidance of $3.82–$4.22. Applied Materials growth and valuation analysis
• Neutral Sentiment: AMAT is attracting unusually high investor attention, but the Zacks reports primarily review the company’s prospects rather than identify a new fundamental catalyst. Zacks Applied Materials investor attention report
• Negative Sentiment: Compared with Taiwan Semiconductor Manufacturing, Applied Materials has shown a flatter revenue trajectory and less consistent quarter-over-quarter growth. That comparison may reinforce concerns that AMAT’s elevated valuation already discounts substantial AI-driven demand. Applied Materials versus Taiwan Semiconductor Manufacturing

Applied Materials Trading Down 7.5%

Shares of AMAT opened at $390.09 on Friday. Applied Materials, Inc. has a 52-week low of $203.40 and a 52-week high of $739.67. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.79 and a current ratio of 2.42. The business’s fifty day moving average is $457.66 and its 200-day moving average is $443.63. The firm has a market cap of $309.58 billion, a price-to-earnings ratio of 33.63, a PEG ratio of 1.17 and a beta of 1.60.

Applied Materials (NASDAQ:AMAT) last posted its earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 EPS for the quarter, topping analysts’ consensus estimates of $3.40 by $0.10. The firm had revenue of $9.12 billion during the quarter, compared to analysts’ expectations of $8.99 billion. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The business’s revenue for the quarter was up 24.8% compared to the same quarter last year. During the same quarter 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. Equities analysts anticipate that Applied Materials, Inc. will post 12.79 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The company 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 $0.53 dividend. The ex-dividend date is Thursday, November 19th. This represents a $2.12 annualized dividend and a yield of 0.5%. Applied Materials’s dividend payout ratio (DPR) is currently 18.28%.

Analyst Ratings Changes

A number of research analysts have issued reports on AMAT shares. Royal Bank Of Canada restated an “outperform” rating and set a $600.00 target price on shares of Applied Materials in a research report on Wednesday, October 14th. Evercore set a $590.00 target price on shares of Applied Materials in a report on Thursday, October 15th. B. Riley Financial reiterated a “buy” rating and issued a $700.00 price target (down from $790.00) on shares of Applied Materials in a research report on Friday, August 14th. Bank of America cut their price target on Applied Materials from $720.00 to $650.00 and set a “buy” rating for the company in a research note on Friday, August 14th. Finally, HSBC reduced their price target on Applied Materials from $683.00 to $641.00 and set a “buy” rating on the stock in a research report on Friday, August 14th. Thirty analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $632.70.

Insider Activity

In other news, CFO Brice Hill sold 7,500 shares of the business’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 directly owned 128,613 shares in the company, valued at approximately $61,637,780.25. The trade was a 5.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Adam Sanders sold 725 shares of the company’s stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $544.56, for a total value of $394,806.00. Following the completion of the transaction, 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 SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 9,225 shares of company stock valued at $4,454,181. 0.30% of the stock is currently owned by corporate insiders.

Applied Materials Company 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.