Applied Materials, Inc. $AMAT Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC trimmed its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 5.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 90,321 shares of the manufacturing equipment provider’s stock after selling 5,121 shares during the quarter. Yousif Capital Management LLC’s holdings in Applied Materials were worth $23,212,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the stock. Traveka Wealth LLC grew its holdings in shares of Applied Materials by 2.6% in the 4th quarter. Traveka Wealth LLC now owns 1,404 shares of the manufacturing equipment provider’s stock worth $361,000 after acquiring an additional 36 shares during the last quarter. Highline Wealth Partners LLC grew its holdings in shares of Applied Materials by 48.7% in 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. EdgeRock Capital LLC grew its holdings in shares of Applied Materials by 2.5% in the 4th quarter. EdgeRock Capital LLC now owns 1,686 shares of the manufacturing equipment provider’s stock worth $433,000 after acquiring an additional 41 shares during the last quarter. Sagespring Wealth Partners LLC grew its holdings in shares of 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 acquiring an additional 43 shares during the last quarter. Finally, REAP Financial Group LLC grew its holdings 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 worth $135,000 after acquiring an additional 43 shares during the last quarter. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Erste Group Bank upgraded Applied Materials to a “hold” rating in a report on Tuesday, March 24th. TD Cowen lifted their target price on Applied Materials from $315.00 to $450.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Mizuho lifted their target price on Applied Materials from $370.00 to $410.00 and gave the stock an “outperform” rating in a report on Friday, February 13th. DZ Bank raised Applied Materials to a “hold” rating in a research report on Monday, February 16th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $425.00 target price on shares of Applied Materials in a research report on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $363.46.

Insider Activity at Applied Materials

In related news, CAO Adam Sanders sold 534 shares of Applied Materials stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $379.16, for a total transaction of $202,471.44. Following the completion of the sale, the chief accounting officer owned 4,625 shares of the company’s stock, valued at approximately $1,753,615. This trade represents a 10.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Judy Bruner sold 2,500 shares of Applied Materials stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $391.71, for a total value of $979,275.00. Following the sale, the director directly owned 26,089 shares of the company’s stock, valued at approximately $10,219,322.19. The trade was a 8.74% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 12,003 shares of company stock valued at $4,484,189. Insiders own 0.30% of the company’s stock.

Applied Materials Stock Performance

Shares of Applied Materials stock opened at $354.31 on Wednesday. The stock has a market cap of $281.18 billion, a PE ratio of 36.27, a price-to-earnings-growth ratio of 1.55 and a beta of 1.64. The business has a fifty day simple moving average of $348.22 and a 200-day simple moving average of $285.11. The company has a quick ratio of 1.94, a current ratio of 2.71 and a debt-to-equity ratio of 0.30. Applied Materials, Inc. has a 12 month low of $127.50 and a 12 month high of $395.95.

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

Applied Materials Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Thursday, May 21st will be given a dividend of $0.53 per share. The ex-dividend date of this dividend is Thursday, May 21st. This is a positive change 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%. Applied Materials’s payout ratio is 21.70%.

Applied Materials 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.