Rep. Josh Gottheimer Buys Applied Materials, Inc. (NASDAQ:AMAT) Shares

Representative Josh Gottheimer (Democratic-New Jersey) recently bought shares of Applied Materials, Inc. (NASDAQ:AMAT). In a filing disclosed on September 14th, the Representative disclosed that they had bought between $1,001 and $15,000 in Applied Materials stock on August 6th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Restaurant Brands International (NYSE:QSR) on 8/6/2026.
• Purchased $1,001 – $15,000 in shares of (NASDAQ:GOOGN) on 7/24/2026.
• Purchased $1,001 – $15,000 in shares of (NASDAQ:GOOGM) on 7/24/2026.
• Purchased $1,001 – $15,000 in shares of (NASDAQ:GOOGN) on 7/23/2026.
• Sold $1,001 – $15,000 in shares of Crown Castle (NYSE:CCI) on 7/23/2026.
• Purchased $1,001 – $15,000 in shares of NiCE (NASDAQ:NICE) on 7/20/2026.
• Purchased $1,001 – $15,000 in shares of SailPoint (NASDAQ:SAIL) on 7/20/2026.
• Sold $1,001 – $15,000 in shares of Chart Industries (NYSE:GTLS) on 7/17/2026.
• Purchased $1,001 – $15,000 in shares of Monster Beverage (NASDAQ:MNST) on 7/17/2026.
• Purchased $1,001 – $15,000 in shares of Palo Alto Networks (NASDAQ:PANW) on 7/16/2026.

Applied Materials Price Performance

Shares of NASDAQ AMAT opened at $415.38 on Thursday. The stock’s 50-day simple moving average is $504.75 and its two-hundred day simple moving average is $465.36. Applied Materials, Inc. has a twelve month low of $173.97 and a twelve month high of $739.67. The firm has a market capitalization of $329.65 billion, a P/E ratio of 35.81, a P/E/G ratio of 1.17 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.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.40 by $0.10. The firm had revenue of $9.12 billion during the quarter, compared to the consensus estimate of $8.99 billion. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%.The company’s revenue for the quarter was up 24.8% on a year-over-year basis. During the same quarter last year, the company posted $2.48 EPS. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. As a group, equities analysts anticipate that Applied Materials, Inc. will post 12.78 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. Shareholders of record on Thursday, November 19th will be paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Thursday, November 19th. Applied Materials’s dividend payout ratio is currently 18.28%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in AMAT. 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 valued at $8,405,458,000 after buying an additional 17,829,377 shares during the period. Norges Bank purchased a new stake in Applied Materials during the fourth quarter valued at $2,858,543,000. Bank of America Corp DE purchased a new stake in Applied Materials during the second quarter valued at $5,252,863,000. Auto Owners Insurance Co lifted its holdings in Applied Materials by 25,824.4% in the fourth quarter. Auto Owners Insurance Co now owns 3,370,167 shares of the manufacturing equipment provider’s stock valued at $86,610,000 after acquiring an additional 3,357,167 shares during the period. Finally, Jupiter Topco LLC bought a new position in Applied Materials in the second quarter valued at about $1,512,287,000. Hedge funds and other institutional investors own 80.56% of the company’s stock.

More Applied Materials News

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

• Positive Sentiment: Applied Materials’ AGS segment generated a record $1.78 billion in revenue, supported by rising demand for fab services. Analysts expect this business to remain a meaningful growth driver through 2026 and beyond. Can Applied Materials Sustain Strong AGS Growth Beyond 2026?
• Positive Sentiment: Applied Materials and Lam Research continue to benefit from AI-related semiconductor capital spending. One comparison concluded that AMAT’s broader product and customer portfolio makes it the safer investment between the two wafer-fabrication-equipment providers. AMAT vs. LRCX: Which WFE Stock is a Safer Bet Right Now?
• Positive Sentiment: Analyst screens continue to identify AMAT as a Strong Buy candidate with substantial potential upside, reflecting confidence in semiconductor equipment demand and the company’s long-term positioning. 3 Strong Buy Tech Stocks with 60%+ Upside
• Neutral Sentiment: AMAT recently exceeded quarterly earnings and revenue expectations, reporting $3.50 in adjusted EPS and $9.12 billion in revenue, while revenue rose 24.8% year over year. The strong results support the long-term thesis but have not prevented near-term profit-taking.
• Negative Sentiment: A sharp recent selloff occurred without a company-specific earnings shock. After a significant year-long rally, AMAT remains well below its 52-week high, raising questions about whether the stock’s previous “buy-the-dip” pattern still applies. Applied Materials Stock Already Fell Without a Shock
• Negative Sentiment: Investors are questioning whether elevated expectations for AI infrastructure spending and Applied Materials’ valuation can be sustained, making the stock more vulnerable to any slowdown in chip-equipment demand. Is This Applied Materials Dip the Same Bet It Used To Be?
• Negative Sentiment: Semiconductor stocks also faced pressure after technology leaders called for a more deliberate pace in frontier-AI development, intensifying concerns about future AI-related capital expenditure. Applied Materials and Semiconductor Shares Are Falling

Analyst Ratings Changes

AMAT has been the topic of a number of research analyst reports. HSBC reissued a “buy” rating and issued a $683.00 target price on shares of Applied Materials in a research note on Monday, July 27th. Bank of America dropped their price target on shares of Applied Materials from $720.00 to $650.00 and set a “buy” rating for the company in a research report on Friday, August 14th. Stifel Nicolaus lifted their price objective on Applied Materials from $530.00 to $650.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. JPMorgan Chase & Co. increased their price target on shares of Applied Materials from $515.00 to $660.00 and gave the stock an “overweight” rating in a research note on Friday, August 14th. Finally, Raymond James Financial set a $650.00 price objective on Applied Materials in a research report on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $658.45.

Insiders Place Their Bets

In other Applied Materials 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 completion of the sale, the chief financial officer directly owned 128,613 shares in the company, valued at $61,637,780.25. The trade was a 5.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Judy Bruner sold 1,000 shares of the company’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $465.00, for a total transaction of $465,000.00. Following the sale, the director directly owned 25,544 shares of the company’s stock, valued at $11,877,960. The trade was a 3.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 86,821 shares of company stock valued at $59,609,471. Insiders own 0.30% of the company’s stock.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

About Applied Materials

Applied Materials, Inc is a global provider of materials engineering solutions used to manufacture semiconductors, displays and other advanced electronic products. The company develops and supplies equipment, services and software that help customers build and improve the performance of chips and display panels.

Its semiconductor products support processes including deposition, etch, patterning, inspection, metrology and materials modification. Applied Materials also provides equipment and services for display manufacturing, including technologies used in producing liquid-crystal and organic light-emitting diode displays, as well as solutions for adjacent markets such as solar and other specialty applications.

Founded in 1967 and headquartered in Santa Clara, California, Applied Materials serves semiconductor and display manufacturers worldwide through operations, customer-support centers and research and development activities across major technology-producing regions.