iA Global Asset Management Inc. Acquires 3,929 Shares of Applied Materials, Inc. $AMAT

iA Global Asset Management Inc. grew its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 3.9% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 104,126 shares of the manufacturing equipment provider’s stock after purchasing an additional 3,929 shares during the quarter. iA Global Asset Management Inc.’s holdings in Applied Materials were worth $35,589,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Private Wealth Management Group LLC raised its holdings in shares of Applied Materials by 4.9% in the first quarter. Private Wealth Management Group LLC now owns 531 shares of the manufacturing equipment provider’s stock valued at $181,000 after buying an additional 25 shares during the last quarter. Pinnacle Bancorp Inc. grew its holdings in Applied Materials by 1.3% during the 1st quarter. Pinnacle Bancorp Inc. now owns 2,082 shares of the manufacturing equipment provider’s stock worth $712,000 after acquiring an additional 27 shares during the last quarter. Warther Private Wealth LLC grew its holdings in Applied Materials by 1.5% during the 4th quarter. Warther Private Wealth LLC now owns 1,908 shares of the manufacturing equipment provider’s stock worth $490,000 after acquiring an additional 28 shares during the last quarter. Tradition Wealth Management LLC increased its position in Applied Materials by 3.1% in the 4th quarter. Tradition Wealth Management LLC now owns 1,031 shares of the manufacturing equipment provider’s stock valued at $265,000 after acquiring an additional 31 shares in the last quarter. Finally, Hoxton Planning & Management LLC increased its position in Applied Materials by 1.4% in the 4th quarter. Hoxton Planning & Management LLC now owns 2,208 shares of the manufacturing equipment provider’s stock valued at $567,000 after acquiring an additional 31 shares in the last quarter. Institutional investors own 80.56% of the company’s stock.

Applied Materials News Roundup

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

• Positive Sentiment: KeyBanc, Cantor Fitzgerald, and Bank of America all turned more bullish on AMAT, with multiple price-target hikes and fresh upside calls ahead of earnings, reinforcing the view that demand for chip-making equipment remains strong. Why Applied Materials Shares Are Surging Monday
• Positive Sentiment: The stock has been one of the biggest winners in the semiconductor space, with June marking its best monthly rally since 1975 as AI infrastructure spending lifted estimates and investor sentiment. Stock Of The Day: Is This The Top For Applied Materials?
• Positive Sentiment: Erste Group raised its FY2026 and FY2027 earnings estimates for Applied Materials, signaling confidence that earnings growth can continue beyond the current year. Applied Materials, Inc. (NASDAQ:AMAT)
• Neutral Sentiment: Several articles note the stock is technically very extended and “overbought,” which suggests momentum is strong but also raises the risk of a near-term pullback after the huge run-up. Stock Of The Day: Is This The Top For Applied Materials?
• Neutral Sentiment: Applied Materials was also added to the Russell Top 50 Index, which can boost visibility and passive fund ownership, though the impact is more about flows than fundamentals. Applied Materials (AMAT) Joins Russell Top 50 After Leaving Value Indexes

Applied Materials Trading Up 4.1%

AMAT opened at $723.00 on Wednesday. The firm has a 50 day simple moving average of $486.16 and a 200 day simple moving average of $384.29. Applied Materials, Inc. has a fifty-two week low of $154.46 and a fifty-two week high of $739.67. The company has a market cap of $574.03 billion, a price-to-earnings ratio of 67.89, a price-to-earnings-growth ratio of 1.93 and a beta of 1.67. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.51 and a quick ratio of 1.80.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.68 by $0.18. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The firm had revenue of $7.91 billion for the quarter, compared to analysts’ expectations of $7.68 billion. During the same period last year, the firm earned $2.39 earnings per share. The business’s revenue for the quarter was up 11.4% on a year-over-year basis. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. On average, sell-side analysts anticipate that Applied Materials, Inc. will post 12.11 earnings per share for the current year.

Applied Materials Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be paid a $0.53 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.12 annualized dividend and a yield of 0.3%. Applied Materials’s dividend payout ratio is presently 19.91%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on AMAT shares. Citigroup upped their target price on shares of Applied Materials from $550.00 to $710.00 and gave the stock a “buy” rating in a research report on Wednesday, June 17th. Wells Fargo & Company raised their price target on shares of Applied Materials from $715.00 to $740.00 and gave the company an “overweight” rating in a report on Friday. Jefferies Financial Group boosted their price objective on shares of Applied Materials from $510.00 to $770.00 and gave the stock a “buy” rating in a research report on Friday, June 26th. Zacks Research downgraded Applied Materials from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Finally, Susquehanna lifted their target price on Applied Materials from $575.00 to $900.00 and gave the company a “positive” rating in a research note on Tuesday. Twenty-seven analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $553.56.

Insider Activity

In related news, SVP Timothy M. Deane sold 8,621 shares of Applied Materials stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $590.76, for a total transaction of $5,092,941.96. Following the transaction, the senior vice president owned 134,631 shares of the company’s stock, valued at $79,534,609.56. This trade represents a 6.02% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Prabu G. Raja sold 50,000 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $505.28, for a total transaction of $25,264,000.00. Following the transaction, the insider owned 356,642 shares of the company’s stock, valued at approximately $180,204,069.76. This represents a 12.30% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 199,767 shares of company stock valued at $114,104,709. 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.