Applied Materials, Inc. $AMAT is Sienna Gestion’s 7th Largest Position

Sienna Gestion lowered its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 2.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 110,397 shares of the manufacturing equipment provider’s stock after selling 2,824 shares during the period. Applied Materials accounts for 1.7% of Sienna Gestion’s holdings, making the stock its 7th biggest position. Sienna Gestion’s holdings in Applied Materials were worth $28,557,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cornerstone Financial Management LLC purchased a new position in shares of Applied Materials in the fourth quarter worth $25,000. Wilkerson Advisory Group LLC acquired a new stake in shares of Applied Materials in the fourth quarter worth $26,000. Highline Wealth Partners LLC increased its stake 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 worth $30,000 after acquiring an additional 38 shares during the period. Joseph Group Capital Management acquired a new stake in shares of Applied Materials in the fourth quarter worth $31,000. Finally, Redmont Wealth Advisors LLC acquired a new stake in shares of Applied Materials in the third quarter worth $26,000. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Key Applied Materials News

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

• Positive Sentiment: Applied Materials unveiled new deposition and selective etch systems designed to improve precision in 3D chip structures, a sign it is targeting growing demand for advanced AI chips and next-generation semiconductor scaling. Applied Materials Unveils Deposition and Selective Etch Systems to Advance 3D Chip Scaling
• Positive Sentiment: Barclays raised its price target on Applied Materials to $590 from $500 and kept an Overweight rating, reflecting higher expectations for wafer fab equipment spending and capital investment trends. Applied Materials (AMAT) Gets Higher Price Targets from Barclays and Cantor Fitzgerald
• Positive Sentiment: Commentary from Jim Cramer and other bullish articles highlighted AMAT as a stock investors may want to own when semiconductor demand strengthens, adding to the day’s favorable sentiment around the name. Jim Cramer Says “I’ll Go for AMAT”
• Neutral Sentiment: Some market commentary warned that the recent rally has pushed Applied Materials to stretched valuation levels, suggesting the stock may be extended after a sharp rebound and could be vulnerable to a pullback if momentum fades. Buy, Hold, or Sell: Applied Materials Surged Right Back Toward $500 Following a Brutal June Flush. Here’s Where I’d Buy
• Neutral Sentiment: A Seeking Alpha piece argued that AMAT is “not cheap enough to buy” but also “too strong to sell,” reinforcing the view that the stock is richly valued but supported by solid fundamentals. Applied Materials: Not Cheap Enough To Buy, Too Strong To Sell
• Negative Sentiment: One market note said AMAT has already rebounded sharply and may be too extended for fresh buying at current levels, which could limit upside if investors become more cautious. Buy, Hold, or Sell: Applied Materials Surged Right Back Toward $500 Following a Brutal June Flush. Here’s Where I’d Buy

Applied Materials Stock Up 3.3%

Shares of NASDAQ AMAT opened at $585.78 on Tuesday. The company’s 50-day simple moving average is $431.96 and its 200-day simple moving average is $355.90. Applied Materials, Inc. has a 52-week low of $154.46 and a 52-week high of $599.62. The firm has a market cap of $465.09 billion, a price-to-earnings ratio of 55.00, a price-to-earnings-growth ratio of 1.58 and a beta of 1.67. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22.

Applied Materials (NASDAQ:AMAT) last announced its earnings results 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 for the quarter, compared to analyst estimates of $7.68 billion. During the same quarter last year, the business earned $2.39 earnings per share. The company’s revenue for the quarter was up 11.4% compared to the same quarter last year. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Equities analysts predict that Applied Materials, Inc. will post 12.1 EPS for the current fiscal year.

Applied Materials Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be given a $0.53 dividend. The ex-dividend date is Thursday, August 20th. This represents a $2.12 annualized dividend and a dividend yield of 0.4%. Applied Materials’s dividend payout ratio (DPR) is 19.91%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on AMAT shares. Zacks Research lowered shares of Applied Materials from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. TD Cowen increased their price objective on shares of Applied Materials from $450.00 to $525.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. The Goldman Sachs Group increased their price objective on shares of Applied Materials from $390.00 to $520.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. Morgan Stanley reiterated an “equal weight” rating and issued a $502.00 price objective (up from $454.00) on shares of Applied Materials in a research note on Friday, May 15th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $525.00 price objective on shares of Applied Materials in a research note on Friday, May 15th. Twenty-seven research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $483.03.

Insider Activity at Applied Materials

In other news, Director Judy Bruner sold 1,128 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $450.00, for a total value of $507,600.00. Following the transaction, the director directly owned 26,544 shares of the company’s stock, valued at approximately $11,944,800. This trade represents a 4.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CAO Adam Sanders sold 268 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $434.22, for a total transaction of $116,370.96. Following the completion of the transaction, the chief accounting officer directly owned 4,280 shares in the company, valued at approximately $1,858,461.60. This represents a 5.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 53,896 shares of company stock worth $27,135,121 in the last ninety days. 0.30% of the stock is owned by company insiders.

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.