Applied Materials, Inc. $AMAT Shares Bought by Jones Financial Companies Lllp

Jones Financial Companies Lllp raised its position in Applied Materials, Inc. (NASDAQ:AMAT) by 27.9% in the third quarter, Holdings Channel reports. The institutional investor owned 154,897 shares of the manufacturing equipment provider’s stock after purchasing an additional 33,805 shares during the period. Jones Financial Companies Lllp’s holdings in Applied Materials were worth $31,589,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the company. Sagespring Wealth Partners LLC boosted its position in Applied Materials by 0.5% during the third quarter. Sagespring Wealth Partners LLC now owns 8,340 shares of the manufacturing equipment provider’s stock worth $1,707,000 after purchasing an additional 43 shares in the last quarter. Sunflower Bank N.A. raised its stake in shares of Applied Materials by 1.4% during the 3rd quarter. Sunflower Bank N.A. now owns 3,287 shares of the manufacturing equipment provider’s stock worth $673,000 after buying an additional 46 shares during the period. Outlook Wealth Advisors LLC lifted its position in shares of Applied Materials by 4.0% during the 3rd quarter. Outlook Wealth Advisors LLC now owns 1,233 shares of the manufacturing equipment provider’s stock valued at $252,000 after buying an additional 47 shares in the last quarter. Welch Group LLC grew its stake in Applied Materials by 3.0% in the 3rd quarter. Welch Group LLC now owns 1,741 shares of the manufacturing equipment provider’s stock valued at $356,000 after acquiring an additional 50 shares during the period. Finally, Everpar Advisors LLC increased its holdings in Applied Materials by 1.5% in the 3rd quarter. Everpar Advisors LLC now owns 3,359 shares of the manufacturing equipment provider’s stock worth $688,000 after acquiring an additional 51 shares in the last quarter. 80.56% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, SVP Teri A. Little sold 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $238.24, for a total transaction of $952,960.00. Following the completion of the sale, the senior vice president owned 84,351 shares in the company, valued at $20,095,782.24. This trade represents a 4.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Adam Sanders sold 609 shares of Applied Materials stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $255.53, for a total transaction of $155,617.77. Following the sale, the chief accounting officer directly owned 4,413 shares in the company, valued at approximately $1,127,653.89. The trade was a 12.13% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 8,609 shares of company stock valued at $2,044,898. 0.30% of the stock is owned by company insiders.

Applied Materials Price Performance

AMAT stock opened at $328.40 on Tuesday. Applied Materials, Inc. has a 1 year low of $123.74 and a 1 year high of $344.60. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.61 and a quick ratio of 1.87. The firm has a market capitalization of $260.66 billion, a PE ratio of 37.83, a price-to-earnings-growth ratio of 2.89 and a beta of 1.70. The business has a 50 day simple moving average of $283.10 and a 200-day simple moving average of $228.41.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings data on Thursday, November 13th. The manufacturing equipment provider reported $2.17 earnings per share for the quarter, topping analysts’ consensus estimates of $2.11 by $0.06. The company had revenue of $6.80 billion for the quarter, compared to analyst estimates of $6.68 billion. Applied Materials had a return on equity of 39.26% and a net margin of 24.67%.The firm’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.32 earnings per share. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. Equities research analysts anticipate that Applied Materials, Inc. will post 9.38 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, March 12th. Investors 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 dividend yield of 0.6%. Applied Materials’s dividend payout ratio is currently 21.20%.

Analysts Set New Price Targets

Several equities analysts have issued reports on AMAT shares. JPMorgan Chase & Co. increased their price objective on shares of Applied Materials from $220.00 to $260.00 and gave the company an “overweight” rating in a report on Friday, November 14th. Royal Bank Of Canada started coverage on shares of Applied Materials in a research report on Wednesday, January 14th. They set an “outperform” rating and a $385.00 price target for the company. Evercore ISI reiterated an “outperform” rating and issued a $290.00 price objective on shares of Applied Materials in a report on Friday, November 14th. Mizuho set a $370.00 price objective on Applied Materials and gave the stock an “outperform” rating in a research note on Tuesday, January 27th. Finally, Jefferies Financial Group raised their target price on Applied Materials from $260.00 to $360.00 and gave the company a “buy” rating in a research report on Monday, December 15th. Twenty-four equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $305.68.

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.