Achmea Investment Management B.V. Has $106.98 Million Holdings in Applied Materials, Inc. $AMAT

Achmea Investment Management B.V. grew its holdings in Applied Materials, Inc. (NASDAQ:AMATFree Report) by 4.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 522,534 shares of the manufacturing equipment provider’s stock after purchasing an additional 20,947 shares during the quarter. Applied Materials comprises about 1.3% of Achmea Investment Management B.V.’s investment portfolio, making the stock its 10th largest position. Achmea Investment Management B.V.’s holdings in Applied Materials were worth $106,984,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. WBI Investments LLC increased its position in Applied Materials by 8.4% in the third quarter. WBI Investments LLC now owns 13,151 shares of the manufacturing equipment provider’s stock worth $2,693,000 after purchasing an additional 1,018 shares during the period. Kensington Investment Counsel LLC lifted its position in Applied Materials by 12.3% during the 3rd quarter. Kensington Investment Counsel LLC now owns 1,465 shares of the manufacturing equipment provider’s stock valued at $300,000 after purchasing an additional 161 shares during the period. Centaurus Financial Inc. boosted its stake in shares of Applied Materials by 71.0% in the 3rd quarter. Centaurus Financial Inc. now owns 7,716 shares of the manufacturing equipment provider’s stock valued at $1,580,000 after purchasing an additional 3,204 shares during the last quarter. Sunbelt Securities Inc. boosted its stake in shares of Applied Materials by 193.4% in the 3rd quarter. Sunbelt Securities Inc. now owns 2,776 shares of the manufacturing equipment provider’s stock valued at $568,000 after purchasing an additional 1,830 shares during the last quarter. Finally, Captrust Financial Advisors grew its position in shares of Applied Materials by 0.8% during the 3rd quarter. Captrust Financial Advisors now owns 79,850 shares of the manufacturing equipment provider’s stock worth $16,349,000 after buying an additional 660 shares during the period. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Applied Materials news, Director Judy Bruner sold 3,969 shares of Applied Materials stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $377.02, for a total transaction of $1,496,392.38. Following the completion of the transaction, the director directly owned 28,589 shares of the company’s stock, valued at $10,778,624.78. The trade was a 12.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Adam Sanders sold 534 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $379.16, for a total transaction of $202,471.44. Following the completion of the transaction, the chief accounting officer directly owned 4,625 shares in the company, valued at $1,753,615. The trade was a 10.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 12,003 shares of company stock valued at $4,484,189 over the last 90 days. 0.30% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

AMAT has been the topic of a number of recent research reports. Bank of America raised their price objective on shares of Applied Materials from $300.00 to $350.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. UBS Group set a $430.00 target price on shares of Applied Materials in a research report on Friday, February 13th. Jefferies Financial Group raised their price target on Applied Materials from $260.00 to $360.00 and gave the stock a “buy” rating in a research report on Monday, December 15th. B. Riley Financial reaffirmed a “buy” rating and set a $450.00 price objective (up from $400.00) on shares of Applied Materials in a research note on Friday, February 13th. Finally, Summit Insights upgraded Applied Materials from a “hold” rating to a “buy” rating in a report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $363.46.

Check Out Our Latest Stock Report on Applied Materials

Applied Materials News Summary

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

Applied Materials Price Performance

Shares of AMAT opened at $352.46 on Wednesday. The company has a current ratio of 2.71, a quick ratio of 1.94 and a debt-to-equity ratio of 0.30. The company’s fifty day simple moving average is $336.85 and its 200 day simple moving average is $265.80. Applied Materials, Inc. has a 1-year low of $123.74 and a 1-year high of $395.95. The company has a market cap of $279.72 billion, a price-to-earnings ratio of 36.08, a PEG ratio of 1.56 and a beta of 1.65.

Applied Materials (NASDAQ:AMATGet Free Report) last announced its quarterly earnings results on Thursday, February 12th. The manufacturing equipment provider reported $2.38 EPS for the quarter, beating analysts’ consensus estimates of $2.21 by $0.17. Applied Materials had a net margin of 27.78% and a return on equity of 37.52%. The firm had revenue of $7.01 billion during the quarter, compared to analysts’ expectations of $6.88 billion. During the same quarter last year, the company posted $2.38 earnings per share. The company’s revenue for the quarter 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. On average, research analysts forecast that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Thursday, May 21st will be issued a dividend of $0.53 per share. The ex-dividend date is Thursday, May 21st. This is an increase from Applied Materials’s previous quarterly dividend of $0.46. This represents a $2.12 dividend on an annualized basis and a yield of 0.6%. Applied Materials’s dividend payout ratio is 18.83%.

About Applied Materials

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Applied Materials (NASDAQ:AMAT)

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