Corient Private Wealth LLC Has $92.21 Million Holdings in Applied Materials, Inc. $AMAT

Corient Private Wealth LLC grew its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 8.9% in the 4th quarter, HoldingsChannel reports. The fund owned 358,395 shares of the manufacturing equipment provider’s stock after buying an additional 29,186 shares during the period. Corient Private Wealth LLC’s holdings in Applied Materials were worth $92,211,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of AMAT. Brighton Jones LLC grew its stake in shares of Applied Materials by 28.0% in the 4th quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock worth $2,061,000 after acquiring an additional 2,771 shares in the last quarter. Sivia Capital Partners LLC lifted its position in shares of Applied Materials by 26.7% during the second quarter. Sivia Capital Partners LLC now owns 3,225 shares of the manufacturing equipment provider’s stock valued at $590,000 after purchasing an additional 679 shares in the last quarter. Forefront Wealth Partners LLC purchased a new position in Applied Materials during the second quarter worth about $410,000. Schnieders Capital Management LLC. boosted its holdings in Applied Materials by 30.1% during the second quarter. Schnieders Capital Management LLC. now owns 15,003 shares of the manufacturing equipment provider’s stock worth $2,747,000 after purchasing an additional 3,469 shares during the last quarter. Finally, Sei Investments Co. grew its position in Applied Materials by 59.3% in the 2nd quarter. Sei Investments Co. now owns 422,694 shares of the manufacturing equipment provider’s stock worth $77,383,000 after purchasing an additional 157,426 shares in the last quarter. 80.56% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Applied Materials news, Director Thomas J. Iannotti sold 9,250 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $599.77, for a total value of $5,547,872.50. Following the completion of the transaction, the director owned 40,559 shares in the company, valued at $24,326,071.43. This trade represents a 18.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Gary E. Dickerson sold 71,727 shares of Applied Materials stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $593.75, for a total value of $42,587,906.25. Following the transaction, the chief executive officer directly owned 1,695,164 shares of the company’s stock, valued at $1,006,503,625. The trade was a 4.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 189,767 shares of company stock worth $107,769,409 over the last quarter. Insiders own 0.30% of the company’s stock.

Applied Materials Price Performance

Applied Materials stock opened at $617.11 on Friday. The firm has a 50 day simple moving average of $451.05 and a 200 day simple moving average of $364.90. 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, Inc. has a 1-year low of $154.46 and a 1-year high of $638.90. The firm has a market capitalization of $489.96 billion, a price-to-earnings ratio of 57.94, a P/E/G ratio of 1.72 and a beta of 1.67.

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

Applied Materials Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 20th will be issued a dividend of $0.53 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.12 dividend on an annualized basis and a yield of 0.3%. Applied Materials’s dividend payout ratio is 19.91%.

Analysts Set New Price Targets

Several research firms have commented on AMAT. Truist Financial set a $575.00 target price on shares of Applied Materials in a research report on Thursday, May 28th. Bank of America lifted their price target on Applied Materials from $465.00 to $540.00 and gave the stock a “buy” rating in a report on Friday, May 15th. UBS Group upped their price objective on Applied Materials from $515.00 to $570.00 and gave the company a “buy” rating in a research note on Wednesday, June 10th. Erste Group Bank raised Applied Materials from a “hold” rating to a “buy” rating in a research report on Monday, April 27th. Finally, Wall Street Zen upgraded Applied Materials from a “hold” rating to a “buy” rating in a research note on Saturday, May 23rd. Twenty-seven analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, Applied Materials currently has a consensus rating of “Moderate Buy” and a consensus target price of $489.16.

Trending Headlines about Applied Materials

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

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.