Phoenix Financial Ltd. Has $12.49 Million Holdings in Applied Materials, Inc. $AMAT

Phoenix Financial Ltd. raised its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 31.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 61,004 shares of the manufacturing equipment provider’s stock after buying an additional 14,691 shares during the period. Phoenix Financial Ltd.’s holdings in Applied Materials were worth $12,494,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Marquette Asset Management LLC increased its holdings in Applied Materials by 150.0% during the 3rd quarter. Marquette Asset Management LLC now owns 125 shares of the manufacturing equipment provider’s stock valued at $26,000 after purchasing an additional 75 shares in the last quarter. Financial Gravity Companies Inc. bought a new stake in shares of Applied Materials during the second quarter worth $31,000. Manning & Napier Advisors LLC acquired a new stake in shares of Applied Materials in the third quarter valued at $31,000. Howard Hughes Medical Institute bought a new position in shares of Applied Materials in the second quarter valued at about $32,000. Finally, Total Investment Management Inc. bought a new position in shares of Applied Materials in the second quarter valued at about $33,000. 80.56% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have weighed in on AMAT shares. B. Riley restated a “buy” rating on shares of Applied Materials in a research report on Thursday, January 15th. Cantor Fitzgerald reissued an “overweight” rating and issued a $350.00 price target on shares of Applied Materials in a report on Tuesday, December 16th. Bank of America boosted their price objective on shares of Applied Materials from $300.00 to $350.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. Susquehanna upgraded Applied Materials from a “neutral” rating to a “positive” rating and increased their price objective for the company from $180.00 to $400.00 in a research report on Sunday, January 11th. Finally, Jefferies Financial Group boosted their target price on Applied Materials from $260.00 to $360.00 and gave the stock a “buy” rating in a research report on Monday, December 15th. Twenty-three equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $294.75.

Applied Materials Stock Performance

AMAT stock opened at $319.46 on Tuesday. Applied Materials, Inc. has a twelve month low of $123.74 and a twelve month high of $333.03. The company has a quick ratio of 1.87, a current ratio of 2.61 and a debt-to-equity ratio of 0.32. The company has a market cap of $253.31 billion, a P/E ratio of 36.80, a price-to-earnings-growth ratio of 3.34 and a beta of 1.67. The business’s fifty day moving average is $272.58 and its 200-day moving average is $223.62.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings data on Thursday, November 13th. The manufacturing equipment provider reported $2.17 EPS for the quarter, beating analysts’ consensus estimates of $2.11 by $0.06. Applied Materials had a return on equity of 39.26% and a net margin of 24.67%.The business had revenue of $6.80 billion during the quarter, compared to the consensus estimate of $6.68 billion. During the same quarter in the prior year, the company posted $2.32 earnings per share. The firm’s revenue was down 3.5% on a year-over-year basis. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. Equities research analysts forecast that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Thursday, February 19th will be paid a dividend of $0.46 per share. The ex-dividend date of this dividend is Thursday, February 19th. This represents a $1.84 annualized dividend and a yield of 0.6%. Applied Materials’s dividend payout ratio (DPR) is presently 21.20%.

Insider Buying and Selling

In related news, CAO Adam Sanders sold 609 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $255.53, for a total transaction of $155,617.77. Following the completion of the transaction, the chief accounting officer owned 4,413 shares in the company, valued at approximately $1,127,653.89. The trade was a 12.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Teri A. Little sold 4,000 shares of the stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $238.24, for a total transaction of $952,960.00. Following the completion of the sale, the senior vice president owned 84,351 shares in the company, valued at approximately $20,095,782.24. This trade represents a 4.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 8,609 shares of company stock valued at $2,044,898. Corporate insiders own 0.24% of the company’s stock.

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.