Applied Materials, Inc. $AMAT Shares Sold by Bogart Wealth LLC

Bogart Wealth LLC reduced its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 36.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,376 shares of the manufacturing equipment provider’s stock after selling 19,694 shares during the quarter. Bogart Wealth LLC’s holdings in Applied Materials were worth $11,750,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Cornerstone Financial Management LLC bought a new position in shares of Applied Materials during the fourth quarter worth about $25,000. Wilkerson Advisory Group LLC bought a new stake in Applied Materials in the 4th quarter valued at about $26,000. Highline Wealth Partners LLC boosted its stake 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 valued at $30,000 after purchasing an additional 38 shares during the period. Joseph Group Capital Management acquired a new position in Applied Materials during the 4th quarter valued at about $31,000. Finally, Dogwood Wealth Management LLC boosted its stake in 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 purchasing an additional 44 shares during the period. 80.56% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Prabu G. Raja sold 50,000 shares of the business’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $505.28, for a total value of $25,264,000.00. Following the sale, the insider owned 356,642 shares of the company’s stock, valued at approximately $180,204,069.76. The trade was a 12.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Omkaram Nalamasu sold 24,263 shares of the company’s stock in a transaction on 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 completion of the sale, the senior vice president owned 146,916 shares of the company’s stock, valued at approximately $87,184,361.88. This trade represents a 14.17% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 278,088 shares of company stock worth $169,654,805 in the last quarter. 0.30% of the stock is currently owned by corporate insiders.

Applied Materials Price Performance

AMAT stock opened at $603.04 on Monday. The firm’s 50-day moving average is $499.51 and its two-hundred day moving average is $391.80. The company has a market capitalization of $478.79 billion, a price-to-earnings ratio of 56.62, a price-to-earnings-growth ratio of 1.68 and a beta of 1.57. Applied Materials, Inc. has a 52 week low of $154.46 and a 52 week high of $739.67. 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 (NASDAQ:AMAT) last posted its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $7.68 billion. During the same period last year, the firm posted $2.39 earnings per share. 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. On average, analysts forecast that Applied Materials, Inc. will post 12.11 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be paid a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, August 20th. Applied Materials’s dividend payout ratio (DPR) is presently 19.91%.

Analysts Set New Price Targets

Several equities research analysts have commented on AMAT shares. Cantor Fitzgerald raised their price target on shares of Applied Materials from $650.00 to $850.00 and gave the company an “overweight” rating in a research note on Monday, June 29th. Seaport Research Partners assumed coverage on Applied Materials in a research report on Monday, May 4th. They set a “buy” rating and a $500.00 price objective for the company. HC Wainwright set a $850.00 price objective on Applied Materials in a report on Monday, June 29th. Weiss Ratings restated a “buy (b-)” rating on shares of Applied Materials in a research report on Wednesday, June 24th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on Applied Materials from $450.00 to $550.00 and gave the company a “buy” rating in a research note on Friday, May 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, Applied Materials presently has a consensus rating of “Moderate Buy” and an average target price of $553.56.

Key Stories Impacting Applied Materials

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

• Positive Sentiment: Analysts remain broadly bullish on Applied Materials, with Zacks upgrading the stock to strong-buy and other recent research highlighting AMAT as a key beneficiary of the AI semiconductor equipment cycle. Article Title
• Positive Sentiment: Recent coverage says Applied Materials is benefiting from accelerating growth in AI-related chip demand, with record earnings momentum and a new Street-high target reinforcing the bull case. Article Title
• Positive Sentiment: Applied Materials also discussed DRAM and advanced packaging innovations tied to AI-driven semiconductor growth, which supports the view that its product mix remains well positioned for the current cycle. Article Title
• Neutral Sentiment: Some articles question whether AMAT is becoming too expensive after its rally, suggesting valuation concerns could limit upside if growth expectations cool. Article Title
• Neutral Sentiment: Michael Burry reportedly added to short bets against Applied Materials and other chip names, adding a bearish sentiment overlay on the semiconductor sector. Article Title
• Negative Sentiment: Applied Materials CEO Gary Dickerson disclosed two recent stock sales totaling more than 78,000 shares, which can weigh on investor sentiment even though he still owns a large position. Article Title
• Negative Sentiment: Semiconductor stocks, including AMAT, also came under pressure in broader sector selloffs as investors worried that AI-driven chip demand may be cooling and took profits after a strong rally. Article Title

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.