Redwood Investment Management LLC Has $672,000 Holdings in Applied Materials, Inc. $AMAT

Redwood Investment Management LLC cut its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 38.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,965 shares of the manufacturing equipment provider’s stock after selling 1,202 shares during the period. Redwood Investment Management LLC’s holdings in Applied Materials were worth $672,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Vanguard Group Inc. increased its holdings in Applied Materials by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 76,779,340 shares of the manufacturing equipment provider’s stock valued at $19,731,523,000 after buying an additional 330,197 shares during the period. Capital Research Global Investors lifted its holdings in shares of Applied Materials by 119.8% during the 4th quarter. Capital Research Global Investors now owns 32,707,049 shares of the manufacturing equipment provider’s stock worth $8,405,458,000 after acquiring an additional 17,829,377 shares during the period. Morgan Stanley boosted its position in shares of Applied Materials by 3.4% during the 4th quarter. Morgan Stanley now owns 11,470,835 shares of the manufacturing equipment provider’s stock valued at $2,947,891,000 after acquiring an additional 373,012 shares in the last quarter. Norges Bank acquired a new stake in shares of Applied Materials during the 4th quarter valued at about $2,858,543,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Applied Materials by 17.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 10,688,232 shares of the manufacturing equipment provider’s stock valued at $2,746,769,000 after acquiring an additional 1,558,749 shares during the period. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

AMAT has been the subject of several recent research reports. Citigroup reissued a “buy” rating on shares of Applied Materials in a research report on Monday. Mizuho upped their price objective on Applied Materials from $540.00 to $650.00 and gave the company an “outperform” rating in a research note on Wednesday, July 8th. HC Wainwright set a $850.00 target price on Applied Materials in a report on Monday, June 29th. HSBC reaffirmed a “buy” rating and issued a $683.00 target price on shares of Applied Materials in a report on Monday, July 27th. Finally, Royal Bank Of Canada upped their target price on shares of Applied Materials from $500.00 to $520.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $603.23.

Applied Materials Trading Up 2.1%

Shares of NASDAQ AMAT opened at $518.21 on Tuesday. The company’s fifty day moving average is $552.58 and its 200-day moving average is $432.35. The stock has a market cap of $411.44 billion, a price-to-earnings ratio of 48.66, a P/E/G ratio of 1.29 and a beta of 1.61. Applied Materials, Inc. has a twelve month low of $154.46 and a twelve month high of $739.67. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, beating the consensus estimate of $2.68 by $0.18. The business had revenue of $7.91 billion for the quarter, compared to analysts’ expectations of $7.68 billion. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.Applied Materials’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.39 EPS. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Equities research analysts predict that Applied Materials, Inc. will post 12.14 EPS for the current year.

Applied Materials Dividend Announcement

The business 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 dividend yield of 0.4%. Applied Materials’s payout ratio is 19.91%.

Insider Activity at Applied Materials

In other Applied Materials news, SVP Omkaram Nalamasu sold 24,263 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $593.43, for a total value of $14,398,392.09. Following the sale, the senior vice president owned 146,916 shares in the company, valued at $87,184,361.88. This represents a 14.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Timothy M. Deane sold 8,621 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $590.76, for a total value of $5,092,941.96. Following the sale, the senior vice president directly owned 134,631 shares of the company’s stock, valued at $79,534,609.56. This represents a 6.02% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 278,088 shares of company stock worth $169,654,805. Insiders own 0.30% of the company’s stock.

Key Headlines Impacting Applied Materials

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

• Positive Sentiment: Applied Materials has a strong history of exceeding earnings expectations, and analysts say current earnings-estimate trends and other indicators point to a potential beat in its upcoming quarterly report. This raises expectations for continued revenue and earnings momentum. Will Applied Materials Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: The stock outperformed the broader market in the latest trading session, suggesting investors continue to favor Applied Materials despite volatility across semiconductor stocks. Applied Materials Outperforms Broader Market
• Neutral Sentiment: Applied Materials was described as having strong fundamentals, but one analyst downgraded the shares ahead of earnings. The report signals that expectations may already be elevated and that the company will need to deliver strong results or guidance to support further gains. Applied Materials Strong Fundamentals, But I’m Downgrading Ahead of Earnings
• Negative Sentiment: Semiconductor stocks faced pressure from fears that increased competition from China could challenge U.S. chip-equipment companies. The concern could weigh on Applied Materials through pricing pressure, market-share risks or restrictions affecting China-related demand. Semiconductor Stocks Sink Over Fears of Increased Competition From China

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.