Brookstone Capital Management Has $17.61 Million Position in Applied Materials, Inc. $AMAT

Brookstone Capital Management raised its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 11.5% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 86,006 shares of the manufacturing equipment provider’s stock after purchasing an additional 8,889 shares during the quarter. Brookstone Capital Management’s holdings in Applied Materials were worth $17,609,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. State Street Corp increased its stake in shares of Applied Materials by 1.0% in the second quarter. State Street Corp now owns 38,920,984 shares of the manufacturing equipment provider’s stock worth $7,125,265,000 after acquiring an additional 391,540 shares during the last quarter. Geode Capital Management LLC boosted its position in Applied Materials by 2.0% during the second quarter. Geode Capital Management LLC now owns 21,026,363 shares of the manufacturing equipment provider’s stock valued at $3,836,807,000 after purchasing an additional 407,282 shares during the last quarter. Alliancebernstein L.P. grew its stake in Applied Materials by 72.5% in the second quarter. Alliancebernstein L.P. now owns 13,564,120 shares of the manufacturing equipment provider’s stock valued at $2,483,183,000 after purchasing an additional 5,700,349 shares in the last quarter. Ameriprise Financial Inc. increased its position in Applied Materials by 13.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 8,936,363 shares of the manufacturing equipment provider’s stock worth $1,635,992,000 after purchasing an additional 1,075,525 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Applied Materials during the 2nd quarter worth about $1,604,002,000. Institutional investors and hedge funds own 80.56% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on AMAT. Mizuho boosted their price target on Applied Materials from $205.00 to $245.00 and gave the company a “neutral” rating in a research note on Wednesday, December 17th. BNP Paribas raised shares of Applied Materials to a “hold” rating in a research report on Monday, November 17th. Needham & Company LLC restated a “buy” rating and set a $260.00 price target on shares of Applied Materials in a report on Friday, November 14th. Craig Hallum reaffirmed a “hold” rating and issued a $190.00 price objective on shares of Applied Materials in a research note on Friday, November 14th. Finally, B. Riley increased their target price on shares of Applied Materials from $270.00 to $305.00 and gave the stock a “buy” rating in a research report on Thursday, December 18th. Twenty investment analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Applied Materials presently has an average rating of “Moderate Buy” and an average price target of $246.78.

Applied Materials Stock Performance

NASDAQ:AMAT opened at $260.60 on Thursday. The firm has a market capitalization of $206.64 billion, a PE ratio of 30.02, a PEG ratio of 2.69 and a beta of 1.67. Applied Materials, Inc. has a 1 year low of $123.74 and a 1 year 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. The firm’s fifty day simple moving average is $242.87 and its 200 day simple moving average is $205.08.

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

Applied Materials Dividend Announcement

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

Insider Activity at Applied Materials

In other news, SVP Teri A. Little sold 4,000 shares of the firm’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 approximately $20,095,782.24. This trade represents a 4.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Adam Sanders sold 609 shares of the business’s stock in a transaction on Monday, December 1st. The stock was 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 in the company, valued at $1,127,653.89. This trade represents a 12.13% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 8,609 shares of company stock worth $2,044,898. Company insiders own 0.24% of the company’s stock.

Applied Materials Company 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.