7,503 Shares in Applied Materials, Inc. $AMAT Purchased by 111 Capital

111 Capital acquired a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT) during the fourth quarter, HoldingsChannel.com reports. The firm acquired 7,503 shares of the manufacturing equipment provider’s stock, valued at approximately $1,928,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Vestcor Inc grew its position in Applied Materials by 52.3% in the 4th quarter. Vestcor Inc now owns 31,592 shares of the manufacturing equipment provider’s stock valued at $8,119,000 after acquiring an additional 10,849 shares in the last quarter. MCF Advisors LLC raised its position in shares of Applied Materials by 401.9% during the 4th quarter. MCF Advisors LLC now owns 266 shares of the manufacturing equipment provider’s stock worth $68,000 after acquiring an additional 213 shares in the last quarter. First Command Advisory Services Inc. boosted its stake in Applied Materials by 3.5% in the fourth quarter. First Command Advisory Services Inc. now owns 1,226 shares of the manufacturing equipment provider’s stock valued at $315,000 after acquiring an additional 41 shares in the last quarter. OneAscent Financial Services LLC increased its position in Applied Materials by 3.3% during the fourth quarter. OneAscent Financial Services LLC now owns 1,300 shares of the manufacturing equipment provider’s stock worth $334,000 after buying an additional 42 shares during the period. Finally, OneAscent Family Office LLC boosted its holdings in shares of Applied Materials by 4.8% in the fourth quarter. OneAscent Family Office LLC now owns 1,032 shares of the manufacturing equipment provider’s stock valued at $265,000 after acquiring an additional 47 shares during the period. 80.56% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

AMAT has been the subject of several recent research reports. JPMorgan Chase & Co. increased their price target on Applied Materials from $400.00 to $515.00 and gave the stock an “overweight” rating in a report on Friday, May 15th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $575.00 price objective on shares of Applied Materials in a research report on Thursday, May 28th. Wolfe Research lifted their price target on shares of Applied Materials from $500.00 to $550.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. DZ Bank raised Applied Materials to a “hold” rating in a research report on Monday, February 16th. Finally, Truist Financial set a $575.00 price target on shares of Applied Materials in a research report on Thursday, May 28th. Twenty-seven equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $470.13.

Applied Materials Price Performance

Shares of NASDAQ:AMAT opened at $453.01 on Friday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.80 and a current ratio of 2.51. The company has a market capitalization of $359.67 billion, a PE ratio of 42.54, a price-to-earnings-growth ratio of 1.41 and a beta of 1.67. The stock has a fifty day moving average of $408.94 and a 200-day moving average of $342.31. Applied Materials, Inc. has a one year low of $154.46 and a one year high of $510.75.

Applied Materials (NASDAQ:AMAT) last announced its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, beating the consensus estimate of $2.68 by $0.18. The business had revenue of $7.91 billion during the quarter, compared to the consensus estimate of $7.68 billion. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.Applied Materials’s revenue was up 11.4% compared to the same quarter last year. During the same period in the prior year, the business posted $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. As a group, equities analysts anticipate that Applied Materials, Inc. will post 12.02 EPS for the current fiscal year.

Applied Materials Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Thursday, May 21st will be paid a dividend of $0.53 per share. This is an increase from Applied Materials’s previous quarterly dividend of $0.46. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $2.12 annualized dividend and a yield of 0.5%. Applied Materials’s dividend payout ratio (DPR) is presently 19.91%.

Insiders Place Their Bets

In related news, CAO Adam Sanders sold 268 shares of the company’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $434.22, for a total transaction of $116,370.96. Following the transaction, the chief accounting officer directly owned 4,280 shares of the company’s stock, valued at approximately $1,858,461.60. The trade was a 5.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Judy Bruner sold 1,128 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $450.00, for a total value of $507,600.00. Following the sale, the director owned 26,544 shares of the company’s stock, valued at $11,944,800. The trade was a 4.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 53,896 shares of company stock worth $27,135,121 over the last three months. Company insiders own 0.30% of the company’s stock.

Applied Materials 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.