Fidelis Capital Partners LLC Purchases 1,970 Shares of Applied Materials, Inc. $AMAT

Fidelis Capital Partners LLC lifted its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 21.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,122 shares of the manufacturing equipment provider’s stock after purchasing an additional 1,970 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Applied Materials were worth $2,858,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Redmont Wealth Advisors LLC acquired a new stake in shares of Applied Materials during the 3rd quarter worth $26,000. Highline Wealth Partners LLC grew its holdings in shares of Applied Materials by 48.7% during the 4th quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock worth $30,000 after purchasing an additional 38 shares in the last quarter. Joseph Group Capital Management acquired a new stake in Applied Materials in the fourth quarter valued at about $31,000. Dogwood Wealth Management LLC boosted its stake in Applied Materials by 52.4% in the fourth quarter. Dogwood Wealth Management LLC now owns 128 shares of the manufacturing equipment provider’s stock valued at $33,000 after buying an additional 44 shares in the last quarter. Finally, IMG Wealth Management Inc. boosted its stake in Applied Materials by 147.2% in the fourth quarter. IMG Wealth Management Inc. now owns 131 shares of the manufacturing equipment provider’s stock valued at $34,000 after buying an additional 78 shares in the last quarter. 80.56% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently weighed in on AMAT. DZ Bank raised Applied Materials to a “hold” rating in a research note on Monday, February 16th. Wall Street Zen raised Applied Materials from a “hold” rating to a “buy” rating in a research note on Saturday, May 23rd. The Goldman Sachs Group raised their price objective on Applied Materials from $390.00 to $520.00 and gave the company a “buy” rating in a research note on Friday, May 15th. HSBC began coverage on Applied Materials in a research note on Friday, May 8th. They issued a “buy” rating and a $517.00 price objective on the stock. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Applied Materials in a research note on Friday, March 27th. Twenty-seven equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, Applied Materials currently has an average rating of “Moderate Buy” and a consensus target price of $466.52.

Key Applied Materials News

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

• Positive Sentiment: Applied Materials reported strong fiscal Q2 results, with revenue of $7.91 billion and EPS of $2.86, both ahead of estimates, which supports the case for continued fundamental strength. Applied Materials (AMAT) Is Up 11.8% After Raising Q3 Outlook And Expanding AI Packaging Alliance
• Positive Sentiment: The company raised Q3 2026 revenue guidance to about $8.95 billion, signaling management sees healthy demand in semiconductor equipment and AI-related spending. Applied Materials (AMAT) Is Up 11.8% After Raising Q3 Outlook And Expanding AI Packaging Alliance
• Positive Sentiment: Applied Materials expanded its AI packaging ecosystem by partnering with Broadcom and SCREEN Semiconductor Solutions, a development that could strengthen its position in next-generation chip packaging and advanced wafer cleaning. Applied Materials, Inc. (AMAT) Partners with Broadcom on Advanced Chip Packaging Technologies for AI Systems
• Positive Sentiment: The SCREEN partnership at the EPIC Center adds another innovation collaborator, which may improve chip yields and accelerate commercialization of advanced-node technologies. Applied Materials Partners with SCREEN To Bring Advanced Wafer Cleaning Technologies to EPIC Center
• Neutral Sentiment: CAO Adam Sanders sold 268 shares in a small insider transaction, which appears too minor to materially change the investment case. Applied Materials (NASDAQ:AMAT) CAO Sells $116,370.96 in Stock
• Negative Sentiment: A market commentary on momentum stocks warned that extended winners can pull back, which may be contributing to some caution around AMAT after its strong run. Intel, AMD, and Other Momentum Stocks Look Unstoppable. Look Again.

Applied Materials Stock Performance

Shares of AMAT stock opened at $448.25 on Thursday. The business’s 50-day moving average price is $393.29 and its 200-day moving average price is $331.12. Applied Materials, Inc. has a 12 month low of $153.47 and a 12 month high of $462.40. The firm has a market capitalization of $355.89 billion, a price-to-earnings ratio of 42.09, a PEG ratio of 1.27 and a beta of 1.66. The company has a current ratio of 2.51, a quick ratio of 1.80 and a debt-to-equity ratio of 0.22.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.68 by $0.18. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The company had revenue of $7.91 billion during the quarter, compared to the consensus estimate of $7.68 billion. During the same period last year, the company earned $2.39 earnings per share. The firm’s revenue was up 11.4% compared to the same quarter last year. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Equities research analysts forecast that Applied Materials, Inc. will post 12.02 EPS for the current year.

Applied Materials Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Thursday, May 21st will be given a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.5%. This is a positive change from Applied Materials’s previous quarterly dividend of $0.46. The ex-dividend date is Thursday, May 21st. Applied Materials’s dividend payout ratio is 19.91%.

Insider Activity

In other news, CAO Adam Sanders sold 268 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $434.22, for a total transaction of $116,370.96. Following the completion of the transaction, the chief accounting officer directly owned 4,280 shares in the company, valued at $1,858,461.60. This trade represents a 5.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.30% of the stock is owned by company insiders.

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.