BCS Wealth Management Has $580,000 Stock Holdings in Applied Materials, Inc. $AMAT

BCS Wealth Management reduced its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 49.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,696 shares of the manufacturing equipment provider’s stock after selling 1,692 shares during the period. BCS Wealth Management’s holdings in Applied Materials were worth $580,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cornerstone Financial Management LLC bought a new position in Applied Materials in the 4th quarter valued at approximately $25,000. Wilkerson Advisory Group LLC bought a new stake in Applied Materials during the 4th quarter worth approximately $26,000. Highline Wealth Partners LLC grew its holdings in Applied Materials by 48.7% during the 4th quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock worth $30,000 after acquiring an additional 38 shares during the last quarter. Joseph Group Capital Management acquired a new position in Applied Materials in the 4th quarter valued at approximately $31,000. Finally, Dogwood Wealth Management LLC increased its position in Applied Materials by 52.4% in 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 period. Institutional investors and hedge funds own 80.56% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on AMAT. Raymond James Financial set a $650.00 price target on shares of Applied Materials in a report on Wednesday, June 10th. Wall Street Zen upgraded Applied Materials from a “hold” rating to a “buy” rating in a report on Saturday, May 23rd. Wells Fargo & Company raised their target price on Applied Materials from $520.00 to $715.00 and gave the stock an “overweight” rating in a research report on Monday. Zacks Research downgraded Applied Materials from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Finally, Bank of America upped their price target on Applied Materials from $540.00 to $720.00 and gave the company a “buy” rating in a research report on Tuesday. 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. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $501.26.

Insider Transactions at Applied Materials

In other news, Director Thomas J. Iannotti sold 9,250 shares of the business’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 transaction, the director directly owned 40,559 shares of the company’s stock, valued at $24,326,071.43. The trade was 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 link. Also, SVP Omkaram Nalamasu sold 24,263 shares of the company’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $593.43, for a total value of $14,398,392.09. Following the sale, the senior vice president owned 146,916 shares in the company, valued at approximately $87,184,361.88. The trade was a 14.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 199,767 shares of company stock worth $114,104,709. Corporate insiders own 0.30% of the company’s stock.

Applied Materials Trading Up 0.1%

NASDAQ:AMAT opened at $586.54 on Thursday. Applied Materials, Inc. has a 52 week low of $154.46 and a 52 week high of $641.18. 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 firm’s fifty day moving average is $463.44 and its 200-day moving average is $372.78. The firm has a market cap of $465.69 billion, a P/E ratio of 55.07, a P/E/G ratio of 1.63 and a beta of 1.67.

Applied Materials (NASDAQ:AMAT) last announced its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, topping analysts’ consensus estimates of $2.68 by $0.18. The business had revenue of $7.91 billion during 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% on a year-over-year basis. During the same quarter last year, the firm earned $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Equities 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 disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders 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 annualized dividend and a dividend yield of 0.4%. Applied Materials’s dividend payout ratio (DPR) is 19.91%.

Key Stories Impacting Applied Materials

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

• Positive Sentiment: Wells Fargo lifted its price target on Applied Materials to $715 from $520 and kept an Overweight rating, citing continued strength in semiconductor capital equipment demand and AI infrastructure spending. Is Applied Materials (AMAT) the Best All-Time High Stock with Legs to Rally Further?
• Positive Sentiment: Bank of America also raised its price target on AMAT to $720 from $540 and reiterated a Buy rating, suggesting analysts see additional upside from AI-led chip demand. Applied Materials price target raised by Bank of America
• Positive Sentiment: Recent coverage highlighted Applied Materials as a potential winner from growing semiconductor complexity and AI chip production, with some commentary arguing the stock may still be undervalued relative to long-term growth prospects. How Applied Materials Could Become the Next $1 Trillion Chip Stock
• Neutral Sentiment: Insider Prabu G. Raja sold 10,000 shares, a transaction that may get attention but does not necessarily signal a change in the company’s outlook. SEC Form 4 filing
• Neutral Sentiment: Applied Materials announced a quarterly dividend of $0.53 per share, which is supportive for income-focused investors but not a major short-term catalyst. Applied Materials insider trades and dividend announcement
• Negative Sentiment: Some recent articles noted that AMAT’s valuation has become stretched after a strong rally, which could limit near-term upside if AI spending expectations ease. Applied Materials Stock Looks Pricey—Can AI Demand Justify the Rally?

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.