Applied Materials, Inc. $AMAT is Maytus Capital Management LLC’s 5th Largest Position

Maytus Capital Management LLC boosted its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 446.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 71,000 shares of the manufacturing equipment provider’s stock after purchasing an additional 58,000 shares during the period. Applied Materials comprises approximately 4.3% of Maytus Capital Management LLC’s portfolio, making the stock its 5th largest position. Maytus Capital Management LLC’s holdings in Applied Materials were worth $18,246,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Tradition Wealth Management LLC boosted its position in shares of Applied Materials by 3.1% during the fourth quarter. Tradition Wealth Management LLC now owns 1,031 shares of the manufacturing equipment provider’s stock worth $265,000 after buying an additional 31 shares during the period. Hoxton Planning & Management LLC lifted its stake in Applied Materials by 1.4% during the 4th quarter. Hoxton Planning & Management LLC now owns 2,208 shares of the manufacturing equipment provider’s stock worth $567,000 after acquiring an additional 31 shares in the last quarter. Godsey & Gibb Inc. lifted its stake in Applied Materials by 2.6% during the 4th quarter. Godsey & Gibb Inc. now owns 1,298 shares of the manufacturing equipment provider’s stock worth $334,000 after acquiring an additional 33 shares in the last quarter. Family Capital Management Inc. boosted its holdings in Applied Materials by 0.8% during the 4th quarter. Family Capital Management Inc. now owns 4,227 shares of the manufacturing equipment provider’s stock valued at $1,086,000 after acquiring an additional 33 shares during the period. Finally, Denali Advisors LLC boosted its holdings in Applied Materials by 0.7% during the 4th quarter. Denali Advisors LLC now owns 4,582 shares of the manufacturing equipment provider’s stock valued at $1,178,000 after acquiring an additional 34 shares during the period. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Insider Transactions at Applied Materials

In other news, CFO Brice Hill sold 2,500 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $498.86, for a total value of $1,247,150.00. Following the completion of the sale, the chief financial officer directly owned 136,113 shares of the company’s stock, valued at approximately $67,901,331.18. This represents a 1.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Prabu G. Raja sold 50,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $505.28, for a total transaction of $25,264,000.00. Following the transaction, the insider owned 356,642 shares in the company, valued at approximately $180,204,069.76. This trade represents a 12.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 53,896 shares of company stock worth $27,135,121 in the last three months. Corporate insiders own 0.30% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have issued reports on AMAT shares. Mizuho boosted their price target on shares of Applied Materials from $500.00 to $540.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 27th. Bank of America lifted their price objective on shares of Applied Materials from $465.00 to $540.00 and gave the company a “buy” rating in a report on Friday, May 15th. Raymond James Financial set a $650.00 target price on shares of Applied Materials in a research note on Wednesday, June 10th. The Goldman Sachs Group increased their target price on shares of Applied Materials from $390.00 to $520.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on shares of Applied Materials from $450.00 to $550.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, Applied Materials presently has an average rating of “Moderate Buy” and an average target price of $483.03.

More Applied Materials News

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

• Positive Sentiment: Applied Materials announced a long-term joint development agreement with EssilorLuxottica to co-develop AR and AI-powered smart eyewear optics, opening a new growth angle beyond its core semiconductor equipment business. Article Title
• Positive Sentiment: The company also unveiled new deposition and selective etch systems designed to improve precision in 3D chip structures, a development aimed at boosting performance and yield for AI chips. Article Title
• Positive Sentiment: Applied Materials opened a new $500 million manufacturing facility in Singapore, signaling continued investment to expand capacity and support demand tied to AI-driven semiconductor equipment growth. Article Title
• Positive Sentiment: Barclays and Cantor Fitzgerald raised their price targets on AMAT, reinforcing bullish sentiment around wafer fab equipment spending and the company’s earnings outlook. Article Title
• Neutral Sentiment: Some commentary noted that AMAT’s valuation has become stretched after a strong rally, which may limit upside even as fundamentals remain solid. Article Title
• Negative Sentiment: One market note said AMAT slipped despite the EssilorLuxottica deal, suggesting investors may be taking profits or waiting for clearer near-term financial impact from the partnership. Article Title

Applied Materials Trading Down 3.0%

Shares of NASDAQ:AMAT opened at $568.23 on Wednesday. The company has a current ratio of 2.51, a quick ratio of 1.80 and a debt-to-equity ratio of 0.22. The company’s 50 day moving average is $436.36 and its two-hundred day moving average is $358.14. The company has a market cap of $451.15 billion, a PE ratio of 53.35, a P/E/G ratio of 1.63 and a beta of 1.67. Applied Materials, Inc. has a 52 week low of $154.46 and a 52 week high of $600.91.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.68 by $0.18. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The company had revenue of $7.91 billion during the quarter, compared to the consensus estimate of $7.68 billion. During the same period in the previous year, the business earned $2.39 EPS. Applied Materials’s revenue for the quarter was up 11.4% on a year-over-year basis. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Equities analysts predict that Applied Materials, Inc. will post 12.1 earnings per share 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. Shareholders of record on Thursday, August 20th will be given a dividend of $0.53 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.12 annualized dividend and a yield of 0.4%. Applied Materials’s payout ratio is 19.91%.

Applied Materials 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.