Mn Services Vermogensbeheer B.V. Has $80.85 Million Position in Applied Materials, Inc. $AMAT

Mn Services Vermogensbeheer B.V. lifted its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 2.4% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 314,612 shares of the manufacturing equipment provider’s stock after purchasing an additional 7,350 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Applied Materials were worth $80,852,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Traveka Wealth LLC lifted its position in Applied Materials by 2.6% during the 4th quarter. Traveka Wealth LLC now owns 1,404 shares of the manufacturing equipment provider’s stock worth $361,000 after buying an additional 36 shares in the last quarter. EdgeRock Capital LLC increased its holdings in shares of Applied Materials by 2.5% in the fourth quarter. EdgeRock Capital LLC now owns 1,686 shares of the manufacturing equipment provider’s stock valued at $433,000 after purchasing an additional 41 shares in the last quarter. Sagespring Wealth Partners LLC raised its position in Applied Materials by 0.5% in the 3rd quarter. Sagespring Wealth Partners LLC now owns 8,340 shares of the manufacturing equipment provider’s stock worth $1,707,000 after purchasing an additional 43 shares during the last quarter. REAP Financial Group LLC increased its stake in shares of Applied Materials by 7.0% in the 3rd quarter. REAP Financial Group LLC now owns 657 shares of the manufacturing equipment provider’s stock valued at $135,000 after buying an additional 43 shares during the period. Finally, ORG Partners LLC increased its stake in shares of Applied Materials by 14.3% in the 4th quarter. ORG Partners LLC now owns 351 shares of the manufacturing equipment provider’s stock valued at $90,000 after buying an additional 44 shares during the period. 80.56% of the stock is owned by institutional investors.

Applied Materials Stock Down 4.2%

Applied Materials stock opened at $323.12 on Tuesday. The firm has a market capitalization of $256.43 billion, a price-to-earnings ratio of 33.07, a PEG ratio of 1.50 and a beta of 1.65. The company’s 50 day simple moving average is $344.96 and its 200 day simple moving average is $277.86. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.71 and a quick ratio of 1.94. Applied Materials, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $395.95.

Applied Materials (NASDAQ:AMAT) last posted its earnings results on Thursday, February 12th. The manufacturing equipment provider reported $2.38 earnings per share for the quarter, topping the consensus estimate of $2.21 by $0.17. The company had revenue of $7.01 billion for the quarter, compared to analyst estimates of $6.88 billion. Applied Materials had a net margin of 27.78% and a return on equity of 37.52%. The business’s revenue for the quarter was down 2.1% compared to the same quarter last year. During the same period last year, the business posted $2.38 earnings per share. Applied Materials has set its Q2 2026 guidance at 2.440-2.840 EPS. As a group, sell-side analysts anticipate that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Thursday, May 21st will be paid a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, May 21st. This is a boost from Applied Materials’s previous quarterly dividend of $0.46. Applied Materials’s dividend payout ratio (DPR) is 18.83%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on AMAT. Needham & Company LLC upped their price target on Applied Materials from $390.00 to $440.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Royal Bank Of Canada set a $430.00 price objective on Applied Materials in a research report on Friday, February 13th. KGI Securities upgraded shares of Applied Materials to an “outperform” rating and set a $425.00 target price on the stock in a research report on Friday, February 13th. Sanford C. Bernstein restated an “outperform” rating and set a $425.00 target price on shares of Applied Materials in a research report on Friday, February 13th. Finally, B. Riley Financial reaffirmed a “buy” rating and issued a $450.00 target price (up from $400.00) on shares of Applied Materials in a research note on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, Applied Materials has an average rating of “Moderate Buy” and a consensus price target of $363.46.

Insiders Place Their Bets

In other Applied Materials news, CAO Adam Sanders sold 534 shares of the business’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $379.16, for a total value of $202,471.44. Following the completion of the transaction, the chief accounting officer directly owned 4,625 shares of the company’s stock, valued at approximately $1,753,615. The trade was a 10.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Judy Bruner sold 3,969 shares of the stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $377.02, for a total value of $1,496,392.38. Following the completion of the sale, the director owned 28,589 shares of the company’s stock, valued at $10,778,624.78. This trade represents a 12.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 12,003 shares of company stock worth $4,484,189. Corporate insiders own 0.30% 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.