Applied Materials (NASDAQ:AMAT) SVP Sells $5,092,941.96 in Stock

Applied Materials, Inc. (NASDAQ:AMAT) SVP Timothy Deane sold 8,621 shares of the business’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $590.76, for a total transaction of $5,092,941.96. Following the transaction, the senior vice president directly owned 134,631 shares of the company’s stock, valued at approximately $79,534,609.56. This trade represents a 6.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Applied Materials Price Performance

Applied Materials stock opened at $617.11 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. Applied Materials, Inc. has a one year low of $154.46 and a one year high of $638.90. The company has a 50-day simple moving average of $451.05 and a 200-day simple moving average of $364.90. The firm has a market capitalization of $489.96 billion, a P/E ratio of 57.94, a P/E/G ratio of 1.72 and a beta of 1.67.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, beating the consensus estimate of $2.68 by $0.18. The firm had revenue of $7.91 billion for the quarter, compared to the consensus estimate of $7.68 billion. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. Applied Materials’s quarterly revenue was up 11.4% compared to the same quarter last year. During the same period last year, the firm posted $2.39 EPS. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. As a group, equities analysts expect that Applied Materials, Inc. will post 12.1 earnings per share for the current year.

Applied Materials Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be paid a $0.53 dividend. The ex-dividend date is Thursday, August 20th. This represents a $2.12 annualized dividend and a dividend yield of 0.3%. Applied Materials’s dividend payout ratio (DPR) is presently 19.91%.

Key Applied Materials News

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

• Positive Sentiment: Applied Materials’ AGS services business is being highlighted as a long-term growth engine, with AI-enabled services and expanding margins potentially creating more recurring revenue. Can AMAT’s AGS Business Become a Long-Term Growth Driver?
• Positive Sentiment: Shares are benefiting from renewed enthusiasm around AI demand and strong earnings momentum, with articles noting the stock has been hitting new highs after solid results and upbeat guidance. AI Demand, Earnings Send Applied Materials to New Highs
• Positive Sentiment: Applied Materials launched SENZ with Qualcomm and EssilorLuxottica for AI eyewear, reinforcing investor hopes that the company can expand beyond core chipmaking tools into adjacent growth markets. Applied Materials (AMAT) Launches SENZ With Qualcomm And EssilorLuxottica For AI Eyewear
• Positive Sentiment: Analyst sentiment remains constructive, with higher price targets such as Citi’s $710 view helping fuel the rally by suggesting AI demand can justify the premium valuation. Applied Materials (AMAT) Stock Rallies 8.75% on Citi’s Bullish $710 Price Target
• Neutral Sentiment: Several insiders, including CEO Gary Dickerson and SVP Omkaram Nalamasu, sold shares this week; while the sales were small relative to their remaining holdings, they can weigh on sentiment. Why Applied Materials Insiders Sold $65 Million Worth of Stock
• Neutral Sentiment: Some commentary warns the stock looks expensive after a sharp year-to-date surge, with valuation comparisons to the dot-com era potentially prompting caution despite the strong fundamental backdrop. Applied Materials stock valuation and performance

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on AMAT. Morgan Stanley reiterated an “equal weight” rating and set a $502.00 price objective (up from $454.00) on shares of Applied Materials in a research report on Friday, May 15th. TD Cowen raised their target price on Applied Materials from $450.00 to $525.00 and gave the company a “buy” rating in a research report on Friday, May 15th. KeyCorp lifted their target price on Applied Materials from $450.00 to $550.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Deutsche Bank Aktiengesellschaft boosted their price target on Applied Materials from $450.00 to $550.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Finally, Needham & Company LLC increased their price target on Applied Materials from $440.00 to $530.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Twenty-seven equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Applied Materials has a consensus rating of “Moderate Buy” and a consensus price target of $489.16.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Western Wealth Management LLC increased its stake in shares of Applied Materials by 16.1% during the first quarter. Western Wealth Management LLC now owns 4,829 shares of the manufacturing equipment provider’s stock valued at $1,650,000 after acquiring an additional 669 shares during the period. Militia Capital Management LLC bought a new stake in Applied Materials during the first quarter worth approximately $295,000. Pine Valley Investments Ltd Liability Co lifted its position in Applied Materials by 10.9% in the first quarter. Pine Valley Investments Ltd Liability Co now owns 29,297 shares of the manufacturing equipment provider’s stock worth $10,013,000 after purchasing an additional 2,890 shares during the period. First Nebraska Trust Co acquired a new stake in Applied Materials in the first quarter worth approximately $29,488,000. Finally, Foguth Wealth Management LLC. bought a new position in Applied Materials during the 1st quarter valued at $234,000. 80.56% of the stock is currently owned by institutional investors.

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.