Cache Advisors LLC Purchases Shares of 13,617 Applied Materials, Inc. $AMAT

Cache Advisors LLC purchased a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 13,617 shares of the manufacturing equipment provider’s stock, valued at approximately $4,654,000. Applied Materials accounts for approximately 0.5% of Cache Advisors LLC’s investment portfolio, making the stock its 16th biggest holding.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cornerstone Financial Management LLC acquired a new stake in Applied Materials in the 4th quarter worth about $25,000. Wilkerson Advisory Group LLC purchased a new stake in Applied Materials in the 4th quarter valued at about $26,000. Highline Wealth Partners LLC increased its stake 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 valued at $30,000 after acquiring an additional 38 shares during the last quarter. Joseph Group Capital Management acquired a new position in shares of Applied Materials during the 4th quarter valued at about $31,000. Finally, Dogwood Wealth Management LLC increased its stake in shares of Applied Materials by 52.4% during the 4th quarter. Dogwood Wealth Management LLC now owns 128 shares of the manufacturing equipment provider’s stock valued at $33,000 after acquiring an additional 44 shares during the last quarter. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Stifel Nicolaus set a $530.00 target price on shares of Applied Materials in a research report on Friday, May 15th. Royal Bank Of Canada upped their price target on shares of Applied Materials from $500.00 to $520.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. Wolfe Research increased their price target on shares of Applied Materials from $500.00 to $550.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. Morgan Stanley reiterated an “equal weight” rating and issued a $502.00 price target (up from $454.00) on shares of Applied Materials in a report on Friday, May 15th. Finally, Cantor Fitzgerald boosted their price objective on shares of Applied Materials from $575.00 to $650.00 and gave the company an “overweight” rating in a research note on Wednesday, June 10th. Twenty-seven research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, Applied Materials currently has an average rating of “Moderate Buy” and a consensus price target of $501.26.

Applied Materials Stock Down 8.5%

AMAT opened at $585.88 on Wednesday. Applied Materials, Inc. has a 1 year low of $154.46 and a 1 year high of $641.18. The firm has a 50 day moving average price of $459.63 and a 200 day moving average price of $370.55. 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 cap of $465.17 billion, a PE ratio of 55.01, a price-to-earnings-growth ratio of 1.78 and a beta of 1.67.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, beating analysts’ consensus estimates of $2.68 by $0.18. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The firm had revenue of $7.91 billion for the quarter, compared to analysts’ expectations of $7.68 billion. During the same period in the previous year, the company posted $2.39 earnings per share. Applied Materials’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. Sell-side analysts expect that Applied Materials, Inc. will post 12.1 earnings per share for the current year.

Applied Materials Dividend Announcement

The firm also recently announced 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 is Thursday, August 20th. This represents a $2.12 annualized dividend and a dividend yield of 0.4%. Applied Materials’s payout ratio is presently 19.91%.

Insider Buying and Selling at Applied Materials

In related news, Director Thomas J. Iannotti sold 9,250 shares of the company’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $599.77, for a total transaction of $5,547,872.50. Following the completion of the sale, the director directly owned 40,559 shares of the company’s stock, valued at approximately $24,326,071.43. This represents a 18.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Prabu G. Raja sold 50,000 shares of the stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $505.28, for a total value of $25,264,000.00. Following the completion of the sale, the insider owned 356,642 shares of the company’s stock, valued at approximately $180,204,069.76. This represents a 12.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 199,767 shares of company stock worth $114,104,709. Corporate insiders own 0.30% of the company’s stock.

Trending Headlines about Applied Materials

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

• Positive Sentiment: Wells Fargo upgraded Applied Materials to Buy, adding to a growing list of bullish analyst calls and reinforcing confidence in the company’s growth outlook.
• Positive Sentiment: Applied Materials unveiled two new chipmaking systems for next-generation AI chips, highlighting new product momentum in its core semiconductor equipment business and potential demand tied to AI infrastructure.
• Positive Sentiment: Recent commentary and analyst notes continue to suggest AI-driven semiconductor spending could support Applied Materials’ premium valuation and future earnings growth.
• Neutral Sentiment: Insider Prabu G. Raja sold 10,000 shares, a disclosure that may get attention but does not by itself signal a change in the company’s fundamentals.
• Negative Sentiment: Applied Materials fell alongside other chip names after a report that SK Hynix is slowing HBM expansion, which raised concerns about near-term AI-chip demand across the sector.
• Negative Sentiment: Some market coverage also flagged AMAT’s valuation as stretched after a strong rally, suggesting investors may be more sensitive to any slowdown in growth expectations.

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.