64,978 Shares in Applied Materials, Inc. $AMAT Acquired by E20 Capital Ltd

E20 Capital Ltd acquired a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 64,978 shares of the manufacturing equipment provider’s stock, valued at approximately $46,979,000. Applied Materials makes up approximately 3.8% of E20 Capital Ltd’s portfolio, making the stock its 8th largest holding.

Other hedge funds also recently bought and sold shares of the company. Cornerstone Financial Management LLC acquired a new position in Applied Materials in the fourth quarter worth approximately $25,000. Wilkerson Advisory Group LLC acquired a new position in shares of Applied Materials during the 4th quarter worth $26,000. Harborfront Financial Group LLC acquired a new position in shares of Applied Materials during the 2nd quarter worth $27,000. Financial Freedom LLC bought a new position in shares of Applied Materials during the 1st quarter valued at $28,000. Finally, Joseph Group Capital Management bought a new position in shares of Applied Materials during the 4th quarter valued at $31,000. 80.56% of the stock is owned by institutional investors and hedge funds.

More Applied Materials News

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

• Positive Sentiment: Goldman Sachs reportedly named Applied Materials a “top pick,” citing the company’s exposure to the continued buildout of AI infrastructure and chip-manufacturing capacity. Applied Materials Stock Is Named a Top Pick at Goldman Sachs
• Positive Sentiment: Analysts see significant upside after the stock’s decline from its high, with AI-driven semiconductor investment and record quarterly revenue supporting bullish price targets. One report cited an average target near $641, implying roughly 32% potential appreciation from recent levels. Wall Street Sees Rally Despite Decline From Peak
• Positive Sentiment: Applied Materials is viewed as a key beneficiary of AI infrastructure spending because its equipment and engineering solutions are essential to advanced semiconductor manufacturing. Why Investors Should Buy the Dip in AMAT
• Neutral Sentiment: Mizuho lowered its Applied Materials price target from $650 to $590 but retained an “outperform” rating. The reduced target reflects more cautious expectations, while the rating still indicates confidence in the company’s longer-term prospects. Benzinga
• Neutral Sentiment: The reported August short-interest figures show zero shares and a mathematically invalid change, making the data unreliable and unlikely to provide a meaningful trading signal.
• Negative Sentiment: Semiconductor stocks broadly declined as investors reduced risk ahead of NVIDIA’s results, weighing on Applied Materials alongside other chipmakers. Semiconductor Stocks Slide Ahead of NVIDIA Earnings

Applied Materials Stock Performance

NASDAQ AMAT opened at $480.04 on Wednesday. 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 1.79, a current ratio of 2.42 and a debt-to-equity ratio of 0.20. The stock has a market cap of $380.96 billion, a P/E ratio of 41.38, a PEG ratio of 1.04 and a beta of 1.61. The company’s 50-day simple moving average is $558.87 and its 200 day simple moving average is $454.37.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 EPS for the quarter, beating the consensus estimate of $3.40 by $0.10. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%.The business had revenue of $9.12 billion for the quarter, compared to analyst estimates of $8.99 billion. During the same quarter in the previous year, the firm earned $2.48 EPS. Applied Materials’s quarterly revenue was up 24.8% on a year-over-year basis. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. As a group, research analysts forecast that Applied Materials, Inc. will post 12.73 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be paid a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, August 20th. Applied Materials’s dividend payout ratio is currently 18.28%.

Wall Street Analyst Weigh In

AMAT has been the subject of a number of analyst reports. Citigroup reaffirmed a “buy” rating on shares of Applied Materials in a research report on Monday, August 3rd. Erste Group Bank cut Applied Materials from a “buy” rating to a “hold” rating in a research report on Wednesday, August 5th. Royal Bank Of Canada increased their price target on Applied Materials from $520.00 to $600.00 and gave the company an “outperform” rating in a report on Friday, August 14th. TD Cowen reissued a “buy” rating and set a $700.00 target price on shares of Applied Materials in a research report on Friday, August 14th. Finally, Seaport Research Partners reiterated a “buy” rating and issued a $575.00 price objective on shares of Applied Materials in a research note on Friday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, Applied Materials presently has a consensus rating of “Moderate Buy” and an average target price of $657.76.

Insider Activity

In other Applied Materials news, SVP Timothy M. Deane sold 8,621 shares of Applied Materials stock in a transaction on Monday, June 15th. The stock was sold at an average price of $590.76, for a total value of $5,092,941.96. Following the completion of the transaction, the senior vice president owned 134,631 shares in the company, valued at approximately $79,534,609.56. The trade was a 6.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Prabu G. Raja sold 10,000 shares of the business’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $633.53, for a total value of $6,335,300.00. Following the completion of the transaction, the insider directly owned 346,642 shares in the company, valued at approximately $219,608,106.26. This represents a 2.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 276,692 shares of company stock valued at $169,030,834. Corporate insiders own 0.30% of the company’s stock.

About Applied Materials

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.