Corient Private Wealth LLC Sells 4,322 Shares of Applied Materials, Inc. $AMAT

Corient Private Wealth LLC lowered its position in Applied Materials, Inc. (NASDAQ:AMAT) by 1.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 358,838 shares of the manufacturing equipment provider’s stock after selling 4,322 shares during the period. Corient Private Wealth LLC’s holdings in Applied Materials were worth $65,692,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Maseco LLP purchased a new position in Applied Materials in the second quarter worth about $30,000. Activest Wealth Management lifted its stake in shares of Applied Materials by 5,325.0% in the 1st quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider’s stock worth $31,000 after purchasing an additional 213 shares during the period. Financial Gravity Companies Inc. purchased a new position in shares of Applied Materials in the second quarter worth approximately $31,000. Howard Hughes Medical Institute bought a new stake in Applied Materials during the second quarter valued at approximately $32,000. Finally, Total Investment Management Inc. purchased a new stake in Applied Materials during the second quarter valued at approximately $33,000. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on AMAT. UBS Group raised shares of Applied Materials from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $250.00 to $285.00 in a research report on Tuesday, November 25th. Weiss Ratings reissued a “hold (c+)” rating on shares of Applied Materials in a report on Monday, December 8th. KeyCorp raised their price objective on Applied Materials from $240.00 to $285.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 2nd. DZ Bank raised Applied Materials from a “strong sell” rating to a “hold” rating in a research report on Friday, November 14th. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $300.00 target price on shares of Applied Materials in a report on Friday, November 14th. Twenty equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. According to MarketBeat, Applied Materials presently has a consensus rating of “Moderate Buy” and an average price target of $242.15.

Applied Materials Stock Performance

NASDAQ:AMAT opened at $261.27 on Tuesday. The stock has a 50-day moving average price of $237.43 and a 200 day moving average price of $200.69. The stock has a market capitalization of $208.14 billion, a P/E ratio of 30.10, a P/E/G ratio of 2.69 and a beta of 1.67. Applied Materials, Inc. has a 12-month low of $123.74 and a 12-month high of $276.10. The company has a current ratio of 2.61, a quick ratio of 1.87 and a debt-to-equity ratio of 0.32.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 earnings per share for the quarter, topping the consensus estimate of $2.11 by $0.06. Applied Materials had a return on equity of 39.26% and a net margin of 24.67%.The business had revenue of $6.80 billion during the quarter, compared to the consensus estimate of $6.68 billion. During the same period in the prior year, the company posted $2.32 EPS. The firm’s revenue for the quarter was down 3.5% compared to the same quarter last year. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. Equities research analysts forecast that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Thursday, February 19th will be paid a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, February 19th. Applied Materials’s dividend payout ratio (DPR) is presently 21.20%.

Insiders Place Their Bets

In other Applied Materials news, SVP Teri A. Little sold 4,000 shares of the business’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $238.24, for a total value of $952,960.00. Following the sale, the senior vice president owned 84,351 shares in the company, valued at $20,095,782.24. The trade was a 4.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Adam Sanders sold 609 shares of the stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $255.53, for a total transaction of $155,617.77. Following the transaction, the chief accounting officer directly owned 4,413 shares of the company’s stock, valued at $1,127,653.89. This trade represents a 12.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 8,609 shares of company stock worth $2,044,898. 0.24% of the stock is currently owned by insiders.

Applied Materials Company Profile

Applied Materials, Inc engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits.