Jacobi Capital Management LLC Acquires 1,944 Shares of Applied Materials, Inc. $AMAT

Jacobi Capital Management LLC boosted its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 8.4% in the third quarter, HoldingsChannel reports. The firm owned 25,077 shares of the manufacturing equipment provider’s stock after purchasing an additional 1,944 shares during the quarter. Jacobi Capital Management LLC’s holdings in Applied Materials were worth $5,134,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of AMAT. IFG Advisory LLC boosted its holdings in shares of Applied Materials by 1,008.1% during the second quarter. IFG Advisory LLC now owns 36,156 shares of the manufacturing equipment provider’s stock worth $6,619,000 after acquiring an additional 32,893 shares during the period. Grandfield & Dodd LLC lifted its holdings in Applied Materials by 6.9% during the 3rd quarter. Grandfield & Dodd LLC now owns 269,511 shares of the manufacturing equipment provider’s stock worth $55,180,000 after purchasing an additional 17,397 shares during the last quarter. Atlantic Union Bankshares Corp lifted its holdings in Applied Materials by 23.0% during the 2nd quarter. Atlantic Union Bankshares Corp now owns 12,643 shares of the manufacturing equipment provider’s stock worth $2,315,000 after purchasing an additional 2,363 shares during the last quarter. Sienna Gestion boosted its stake in Applied Materials by 10.2% in the 2nd quarter. Sienna Gestion now owns 113,221 shares of the manufacturing equipment provider’s stock valued at $18,924,000 after purchasing an additional 10,468 shares during the period. Finally, Westfield Capital Management Co. LP grew its holdings in Applied Materials by 13,360.6% in the 2nd quarter. Westfield Capital Management Co. LP now owns 694,431 shares of the manufacturing equipment provider’s stock valued at $127,129,000 after buying an additional 689,272 shares in the last quarter. 80.56% of the stock is owned by institutional investors.

Applied Materials Stock Performance

Shares of NASDAQ:AMAT opened at $359.13 on Wednesday. Applied Materials, Inc. has a 1 year low of $123.74 and a 1 year high of $376.32. The stock has a market capitalization of $285.05 billion, a price-to-earnings ratio of 36.76, a price-to-earnings-growth ratio of 3.13 and a beta of 1.70. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.71 and a quick ratio of 1.94. The company’s 50 day simple moving average is $298.78 and its 200 day simple moving average is $239.54.

Applied Materials (NASDAQ:AMAT) last issued its earnings results on Thursday, February 12th. The manufacturing equipment provider reported $2.38 earnings per share for the quarter, beating analysts’ consensus estimates of $2.21 by $0.17. Applied Materials had a return on equity of 37.52% and a net margin of 27.78%.The firm had revenue of $7.01 billion for the quarter, compared to the consensus estimate of $6.88 billion. During the same quarter last year, the business posted $2.38 EPS. The company’s revenue was down 2.1% compared to the same quarter last year. Applied Materials has set its Q2 2026 guidance at 2.440-2.840 EPS. As a group, research analysts predict that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Applied Materials Announces Dividend

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 given a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Thursday, February 19th. Applied Materials’s payout ratio is currently 18.83%.

Insider Activity

In related news, SVP Teri A. Little sold 4,000 shares of Applied Materials 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 sale, the senior vice president directly owned 84,351 shares of the company’s stock, valued at approximately $20,095,782.24. The trade was a 4.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Adam Sanders sold 609 shares of the company’s stock in a transaction that occurred 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 owned 4,413 shares of the company’s stock, valued at approximately $1,127,653.89. This represents a 12.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.30% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Susquehanna raised Applied Materials from a “neutral” rating to a “positive” rating and lifted their target price for the stock from $180.00 to $400.00 in a report on Sunday, January 11th. Jefferies Financial Group lifted their price objective on shares of Applied Materials from $260.00 to $360.00 and gave the stock a “buy” rating in a research note on Monday, December 15th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $450.00 target price on shares of Applied Materials in a research report on Friday. Citigroup lifted their price target on shares of Applied Materials from $400.00 to $420.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Finally, JPMorgan Chase & Co. increased their price target on Applied Materials from $220.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, November 14th. Twenty-seven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, Applied Materials currently has an average rating of “Moderate Buy” and a consensus target price of $363.04.

Applied Materials News Roundup

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

• Positive Sentiment: Q4 / fiscal Q1 results beat expectations and management gave aggressive forward guidance (CEO projected ~20% calendar‑year revenue growth and raised Q2 outlook), which sparked the rally. Read More.
• Positive Sentiment: Several firms bumped up price targets and ratings after the results — notable raises reported (Needham and others), backing upside to current consensus and supporting further upside momentum. Read More.
• Positive Sentiment: Analysts are increasingly framing AMAT as a primary beneficiary of the AI-driven “Giga‑cycle”; TD Cowen and other shops have raised targets (e.g., Cowen to ~$450), reinforcing buy‑side conviction. Read More.
• Neutral Sentiment: Broader industry coverage highlights AMAT’s leadership among equipment suppliers in the current multi‑year chip investment wave — a positive thematic tailwind but already largely priced into many forecasts. Read More.
• Neutral Sentiment: Management scheduled investor conference appearances/fireside chats — useful for additional color on demand and margin trajectory but not an immediate catalyst on its own. Read More.
• Neutral Sentiment: Published short‑interest reports show anomalous “0 shares / NaN” figures for mid‑February — appears to be a data error and does not indicate a meaningful short squeeze. Investors should rely on standard data sources for positioning metrics. (data entries)

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.