Broderick Brian C Raises Holdings in Applied Materials, Inc. $AMAT

Broderick Brian C lifted its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 32.1% during the first quarter, Holdings Channel.com reports. The institutional investor owned 21,247 shares of the manufacturing equipment provider’s stock after acquiring an additional 5,166 shares during the quarter. Applied Materials makes up approximately 1.3% of Broderick Brian C’s portfolio, making the stock its 28th biggest position. Broderick Brian C’s holdings in Applied Materials were worth $7,262,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in AMAT. Cornerstone Financial Management LLC bought a new stake in shares of Applied Materials in the 4th quarter valued at about $25,000. Wilkerson Advisory Group LLC purchased a new stake in shares of Applied Materials in the 4th quarter worth approximately $26,000. Financial Freedom LLC bought a new position in shares of Applied Materials during the first quarter valued at approximately $28,000. Highline Wealth Partners LLC increased its holdings in Applied Materials by 48.7% during the fourth quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock valued at $30,000 after buying an additional 38 shares during the period. Finally, Joseph Group Capital Management purchased a new position in Applied Materials during the fourth quarter valued at approximately $31,000. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on AMAT. HC Wainwright set a $850.00 target price on Applied Materials in a report on Monday, June 29th. Cantor Fitzgerald boosted their price target on Applied Materials from $650.00 to $850.00 and gave the stock an “overweight” rating in a research report on Monday, June 29th. Wells Fargo & Company upped their price objective on Applied Materials from $715.00 to $740.00 and gave the stock an “overweight” rating in a research note on Friday, June 26th. Royal Bank Of Canada raised their price objective on Applied Materials from $500.00 to $520.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. Finally, Susquehanna lifted their target price on Applied Materials from $575.00 to $900.00 and gave the company a “positive” rating in a research note on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Applied Materials presently has an average rating of “Moderate Buy” and an average price target of $593.84.

Insider Activity at Applied Materials

In other Applied Materials news, SVP Omkaram Nalamasu sold 24,263 shares of the stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $593.43, for a total value of $14,398,392.09. Following the completion of the sale, the senior vice president directly owned 146,916 shares in the company, valued at approximately $87,184,361.88. This trade represents a 14.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Gary E. Dickerson sold 71,727 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $593.75, for a total value of $42,587,906.25. Following the completion of the sale, the chief executive officer directly owned 1,695,164 shares of the company’s stock, valued at approximately $1,006,503,625. This represents a 4.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 278,088 shares of company stock worth $169,654,805 over the last ninety days. Corporate insiders own 0.30% of the company’s stock.

Applied Materials Price Performance

NASDAQ AMAT opened at $529.66 on Monday. The firm’s fifty day simple moving average is $533.12 and its two-hundred day simple moving average is $414.11. 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 12-month low of $154.46 and a 12-month high of $739.67. The firm has a market capitalization of $420.53 billion, a P/E ratio of 49.73, a P/E/G ratio of 1.35 and a beta of 1.57.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings results 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 business had revenue of $7.91 billion for the quarter, compared to the consensus estimate of $7.68 billion. During the same period in the prior year, the firm 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. Analysts forecast that Applied Materials, Inc. will post 12.14 EPS for the current fiscal year.

Applied Materials Announces Dividend

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 given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, August 20th. Applied Materials’s dividend payout ratio is currently 19.91%.

Key Stories Impacting Applied Materials

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

• Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 earnings estimates for Applied Materials and reiterated a Buy rating, signaling confidence in the company’s growth outlook and AI-driven demand.
• Positive Sentiment: Applied Materials CEO comments reinforcing the AI investment thesis may help support longer-term sentiment around the stock. Article link
• Neutral Sentiment: Zacks noted that AMAT has been drawing increased attention from investors, but the piece was mainly a stock-screening update rather than a new fundamental catalyst. Article link
• Neutral Sentiment: Recent commentary suggested Applied Materials may be trading above fair value after a strong multi-year run, which could limit upside even if earnings remain solid. Article link
• Negative Sentiment: A broad semiconductor selloff is pressuring AMAT along with peers like AMD and Intel, as the market rotates out of chip stocks and into other areas. Article link

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.