Applied Materials, Inc. $AMAT is Talbot Financial LLC’s 7th Largest Position

Talbot Financial LLC lowered its position in Applied Materials, Inc. (NASDAQ:AMATFree Report) by 1.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 156,578 shares of the manufacturing equipment provider’s stock after selling 1,881 shares during the period. Applied Materials comprises about 3.3% of Talbot Financial LLC’s portfolio, making the stock its 7th largest position. Talbot Financial LLC’s holdings in Applied Materials were worth $40,239,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Traveka Wealth LLC raised its holdings in shares of Applied Materials by 2.6% in the fourth quarter. Traveka Wealth LLC now owns 1,404 shares of the manufacturing equipment provider’s stock valued at $361,000 after purchasing an additional 36 shares during the last quarter. Highline Wealth Partners LLC raised its holdings in shares of Applied Materials by 48.7% in the fourth 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 last quarter. EdgeRock Capital LLC raised 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 during the last quarter. Sagespring Wealth Partners LLC raised its holdings in shares of Applied Materials by 0.5% in the third quarter. Sagespring Wealth Partners LLC now owns 8,340 shares of the manufacturing equipment provider’s stock valued at $1,707,000 after purchasing an additional 43 shares during the last quarter. Finally, REAP Financial Group LLC raised its holdings in shares of Applied Materials by 7.0% in the third quarter. REAP Financial Group LLC now owns 657 shares of the manufacturing equipment provider’s stock valued at $135,000 after purchasing an additional 43 shares during the last quarter. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Insiders Place Their Bets

In other Applied Materials news, Director Judy Bruner sold 3,969 shares of the stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $377.02, for a total transaction of $1,496,392.38. Following the completion of the transaction, the director owned 28,589 shares in the company, valued at $10,778,624.78. This trade represents a 12.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Brice Hill sold 5,000 shares of the stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $361.21, for a total transaction of $1,806,050.00. Following the transaction, the chief financial officer owned 138,565 shares of the company’s stock, valued at $50,051,063.65. This represents a 3.48% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 12,003 shares of company stock worth $4,484,189 over the last quarter. 0.30% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research firms recently weighed in on AMAT. UBS Group set a $430.00 price target on shares of Applied Materials in a research report on Friday, February 13th. Jefferies Financial Group increased their price target on shares of Applied Materials from $260.00 to $360.00 and gave the company a “buy” rating in a research report on Monday, December 15th. Stifel Nicolaus increased their price target on shares of Applied Materials from $340.00 to $450.00 and gave the company a “buy” rating in a research report on Friday, February 13th. TD Cowen increased their price target on shares of Applied Materials from $315.00 to $450.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $450.00 price target on shares of Applied Materials in a research report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, Applied Materials presently has an average rating of “Moderate Buy” and an average price target of $363.46.

Check Out Our Latest Report on Applied Materials

Applied Materials Price Performance

Shares of NASDAQ:AMAT opened at $352.62 on Tuesday. The company has a quick ratio of 1.94, a current ratio of 2.71 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $279.84 billion, a PE ratio of 36.09, a P/E/G ratio of 1.55 and a beta of 1.64. Applied Materials, Inc. has a twelve month low of $123.74 and a twelve month high of $395.95. The company has a 50-day moving average price of $347.78 and a two-hundred day moving average price of $283.95.

Applied Materials (NASDAQ:AMATGet Free Report) last issued its earnings results on Thursday, February 12th. The manufacturing equipment provider reported $2.38 earnings per share for the quarter, topping analysts’ consensus estimates of $2.21 by $0.17. The firm had revenue of $7.01 billion during 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 company’s quarterly revenue was down 2.1% on a year-over-year basis. During the same quarter last year, the business earned $2.38 earnings per share. Applied Materials has set its Q2 2026 guidance at 2.440-2.840 EPS. Equities analysts forecast that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Thursday, May 21st will be given a dividend of $0.53 per share. This is a boost from Applied Materials’s previous quarterly dividend of $0.46. This represents a $2.12 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Thursday, May 21st. Applied Materials’s dividend payout ratio (DPR) is 18.83%.

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Applied Materials Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Applied Materials (NASDAQ:AMAT)

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