Applied Materials, Inc. $AMAT Shares Sold by Isthmus Partners LLC

Isthmus Partners LLC lessened its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 36.7% during the first quarter, HoldingsChannel.com reports. The firm owned 45,575 shares of the manufacturing equipment provider’s stock after selling 26,379 shares during the period. Applied Materials makes up approximately 1.6% of Isthmus Partners LLC’s holdings, making the stock its 13th biggest holding. Isthmus Partners LLC’s holdings in Applied Materials were worth $15,577,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Cornerstone Financial Management LLC acquired a new stake in Applied Materials during the fourth quarter valued at approximately $25,000. Wilkerson Advisory Group LLC bought a new stake in shares of Applied Materials in the 4th quarter valued at approximately $26,000. Highline Wealth Partners LLC raised its position in shares of Applied Materials by 48.7% during the 4th quarter. Highline Wealth Partners LLC now owns 116 shares of the manufacturing equipment provider’s stock valued at $30,000 after acquiring an additional 38 shares in the last quarter. Joseph Group Capital Management bought a new position in Applied Materials during the fourth quarter worth $31,000. Finally, Dogwood Wealth Management LLC boosted its holdings in Applied Materials by 52.4% in the fourth quarter. Dogwood Wealth Management LLC now owns 128 shares of the manufacturing equipment provider’s stock worth $33,000 after purchasing an additional 44 shares during the period. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on AMAT shares. Susquehanna raised their price target on shares of Applied Materials from $575.00 to $900.00 and gave the stock a “positive” rating in a research report on Tuesday, June 30th. UBS Group raised their target price on shares of Applied Materials from $515.00 to $570.00 and gave the stock a “buy” rating in a report on Wednesday, June 10th. Morgan Stanley lifted their target price on Applied Materials from $502.00 to $647.00 and gave the company an “equal weight” rating in a research note on Monday. Bank of America increased their price target on Applied Materials from $540.00 to $720.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Finally, Barclays raised their price target on Applied Materials from $500.00 to $590.00 and gave the stock an “overweight” rating in a report on Thursday, June 11th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, Applied Materials has an average rating of “Moderate Buy” and an average price target of $573.19.

Applied Materials Trading Up 2.9%

Shares of NASDAQ:AMAT opened at $570.50 on Thursday. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22. The company’s 50-day moving average price is $509.35 and its 200 day moving average price is $398.54. The company has a market cap of $452.95 billion, a PE ratio of 53.57, a P/E/G ratio of 1.54 and a beta of 1.57. Applied Materials, Inc. has a fifty-two week low of $154.46 and a fifty-two week high of $739.67.

Applied Materials (NASDAQ:AMAT) last posted its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, topping 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 firm had revenue of $7.91 billion during the quarter, compared to analysts’ expectations of $7.68 billion. During the same quarter in the prior year, the firm earned $2.39 EPS. Applied Materials’s quarterly revenue was up 11.4% on a year-over-year basis. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. Sell-side analysts anticipate that Applied Materials, Inc. will post 12.11 earnings per share for the current year.

Applied Materials Announces Dividend

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

Key Stories Impacting Applied Materials

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

• Positive Sentiment: Susquehanna raised its price target on Applied Materials, adding to the bullish analyst backdrop around the stock. Susquehanna Raises Price Target on Applied Materials, Inc. (AMAT)
• Positive Sentiment: Zacks highlighted Applied Materials’ advanced packaging opportunity, noting management’s goal of more than 50% packaging revenue growth in 2026 as AI demand drives HBM, 3D chiplet stacking, and next-generation packaging demand. Can AMAT’s Advanced Packaging Drive Its Next Growth Phase?
• Positive Sentiment: Applied Materials unveiled SENZ to speed development of AI smart glasses, reinforcing the company’s exposure to emerging AI hardware markets. Applied Materials (AMAT) Unveils SENZ To Speed AI Smart Glasses Development
• Positive Sentiment: Applied Materials was also named among Zacks’ top momentum stocks, suggesting technical strength and continued investor interest. Best Momentum Stock to Buy for July 7th
• Neutral Sentiment: Several articles framed AMAT as a high-quality but volatile stock, with recent selling tied to a broader semiconductor and memory-stock downturn rather than company-specific weakness. Every Memory Stock Is Now in a Bear Market: Is Micron, SanDisk, or Applied Materials the Best Buy?
• Negative Sentiment: AMAT was caught in an industry-wide chip selloff after weaker sentiment across memory names and a broader tech pullback, which pressured the stock earlier in the week. What Is Going on With Applied Materials Stock on Tuesday?

Insider Transactions at Applied Materials

In other Applied Materials news, CEO Gary E. Dickerson sold 20,000 shares of Applied Materials stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $735.22, for a total transaction of $14,704,400.00. Following the sale, the chief executive officer owned 1,599,843 shares of the company’s stock, valued at $1,176,236,570.46. The trade was a 1.23% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Timothy M. Deane sold 8,621 shares of the business’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $590.76, for a total value 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 SEC filing for this sale provides additional information. Insiders sold 278,088 shares of company stock worth $169,654,805 over the last quarter. Insiders own 0.30% of the company’s stock.

About Applied Materials

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.