Banque Transatlantique SA Takes $613,000 Position in Applied Materials, Inc. $AMAT

Banque Transatlantique SA purchased a new stake in Applied Materials, Inc. (NASDAQ:AMAT) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 2,382 shares of the manufacturing equipment provider’s stock, valued at approximately $613,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its holdings in Applied Materials by 28.0% in the 4th quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock valued at $2,061,000 after buying an additional 2,771 shares in the last quarter. Sivia Capital Partners LLC boosted its position in shares of Applied Materials by 26.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,225 shares of the manufacturing equipment provider’s stock valued at $590,000 after acquiring an additional 679 shares during the last quarter. Forefront Wealth Partners LLC acquired a new position in shares of Applied Materials during the 2nd quarter valued at about $410,000. Schnieders Capital Management LLC. grew its holdings in shares of Applied Materials by 30.1% in the second quarter. Schnieders Capital Management LLC. now owns 15,003 shares of the manufacturing equipment provider’s stock valued at $2,747,000 after purchasing an additional 3,469 shares during the period. Finally, Sei Investments Co. grew its holdings in shares of Applied Materials by 59.3% in the second quarter. Sei Investments Co. now owns 422,694 shares of the manufacturing equipment provider’s stock valued at $77,383,000 after purchasing an additional 157,426 shares during the period. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Applied Materials Price Performance

Shares of AMAT opened at $617.11 on Friday. Applied Materials, Inc. has a 1-year low of $154.46 and a 1-year high of $638.90. The stock has a market cap of $489.96 billion, a PE ratio of 57.94, a P/E/G ratio of 1.65 and a beta of 1.67. The firm has a 50-day simple moving average of $446.42 and a two-hundred day simple moving average of $363.12. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.51 and a quick ratio of 1.80.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share (EPS) 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 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 previous year, the firm earned $2.39 EPS. The business’s 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. As a group, analysts forecast that Applied Materials, Inc. will post 12.1 EPS for the current year.

Applied Materials Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be given a $0.53 dividend. 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 payout ratio is presently 19.91%.

Wall Street Analyst Weigh In

AMAT has been the topic of a number of analyst reports. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $525.00 target price on shares of Applied Materials in a research note on Friday, May 15th. Wells Fargo & Company increased their price target on shares of Applied Materials from $435.00 to $520.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. TD Cowen increased their price target on shares of Applied Materials from $450.00 to $525.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Seaport Research Partners began coverage on shares of Applied Materials in a report on Monday, May 4th. They set a “buy” rating and a $500.00 price target for the company. Finally, Jefferies Financial Group lifted their price target on shares of Applied Materials from $415.00 to $510.00 and gave the company a “buy” rating in a research report on Friday, May 15th. 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, the stock currently has an average rating of “Moderate Buy” and an average price target of $489.16.

Key Stories Impacting Applied Materials

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

• Positive Sentiment: Citi raised its price target on Applied Materials, reinforcing the view that AI infrastructure spending and memory-chip equipment demand should keep driving revenue growth. Applied Materials surges as Citi lifts target on AI demand boom
• Positive Sentiment: Applied Materials launched SENZ, a fully integrated visual system for AI smart glasses, and partnered with EssilorLuxottica and Qualcomm, giving investors a potential new long-term growth avenue. Applied Materials (AMAT) Launches SENZ With Qualcomm And EssilorLuxottica For AI Eyewear
• Positive Sentiment: Recent commentary highlighted Applied Materials as a beneficiary of the AI equipment super-cycle, with strong earnings, robust wafer-fab equipment demand, and favorable analyst sentiment supporting the rally. Applied Materials: The Cheapest Seat On The AI Equipment Super-Cycle

Insider Buying and Selling

In other Applied Materials news, SVP Timothy M. Deane sold 8,621 shares of the company’s stock in a transaction on Monday, June 15th. The stock was 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 in the company, valued at $79,534,609.56. This represents a 6.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Omkaram Nalamasu sold 24,263 shares of the firm’s stock in a transaction on 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 transaction, the senior vice president owned 146,916 shares of the company’s stock, valued at approximately $87,184,361.88. This represents a 14.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 189,767 shares of company stock valued at $107,769,409 over the last quarter. 0.30% of the stock is owned by corporate insiders.

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.