Twin Capital Management Inc. Purchases 884 Shares of Applied Materials, Inc. $AMAT

Twin Capital Management Inc. raised its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 10.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,224 shares of the manufacturing equipment provider’s stock after buying an additional 884 shares during the period. Twin Capital Management Inc.’s holdings in Applied Materials were worth $3,153,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Cornerstone Financial Management LLC purchased a new position in shares of Applied Materials during the fourth quarter worth approximately $25,000. Wilkerson Advisory Group LLC purchased a new stake in shares of Applied Materials in the fourth quarter valued at approximately $26,000. Financial Freedom LLC purchased a new stake in shares of Applied Materials in the first quarter valued at approximately $28,000. Highline Wealth Partners LLC grew its stake in 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 purchasing an additional 38 shares in the last quarter. Finally, Joseph Group Capital Management bought a new stake in Applied Materials during the 4th quarter valued at $31,000. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Insider Buying and Selling

In other Applied Materials news, Director Thomas J. Iannotti sold 9,250 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $599.77, for a total transaction of $5,547,872.50. Following the sale, the director owned 40,559 shares of the company’s stock, valued at approximately $24,326,071.43. The trade was a 18.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Omkaram Nalamasu sold 24,263 shares of Applied Materials stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $593.43, for a total transaction of $14,398,392.09. Following the sale, the senior vice president owned 146,916 shares of the company’s stock, valued at $87,184,361.88. The trade was a 14.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 278,088 shares of company stock worth $169,654,805 over the last ninety days. Company insiders own 0.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. TD Cowen raised their price target on Applied Materials from $525.00 to $700.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. Stifel Nicolaus upped their price objective on shares of Applied Materials from $530.00 to $650.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. Sanford C. Bernstein reiterated an “outperform” rating and set a $525.00 price objective on shares of Applied Materials in a research note on Friday, May 15th. Susquehanna lifted their price objective on shares of Applied Materials from $575.00 to $900.00 and gave the company a “positive” rating in a report on Tuesday, June 30th. Finally, Seaport Research Partners initiated coverage on shares of Applied Materials in a research note on Monday, May 4th. They issued a “buy” rating and a $500.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $593.84.

Applied Materials Trading Down 2.7%

NASDAQ:AMAT opened at $579.43 on Thursday. The stock has a market capitalization of $460.04 billion, a price-to-earnings ratio of 54.41, a PEG ratio of 1.51 and a beta of 1.57. Applied Materials, Inc. has a 52 week low of $154.46 and a 52 week high of $739.67. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22. The firm has a 50 day moving average of $528.23 and a 200 day moving average of $410.12.

Applied Materials (NASDAQ:AMAT) last announced its earnings results on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, topping the consensus estimate of $2.68 by $0.18. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The firm had revenue of $7.91 billion for the quarter, compared to the consensus estimate of $7.68 billion. During the same period in the previous year, the business earned $2.39 EPS. The firm’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. As a group, sell-side analysts anticipate that Applied Materials, Inc. will post 12.13 earnings per share 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. Investors of record on Thursday, August 20th will be paid a $0.53 dividend. The ex-dividend date is Thursday, August 20th. This represents a $2.12 dividend on an annualized basis and a yield of 0.4%. Applied Materials’s dividend payout ratio (DPR) is 19.91%.

Key Headlines Impacting Applied Materials

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

• Positive Sentiment: Management commentary suggested AI-driven semiconductor equipment spending could stay elevated for years, strengthening confidence in Applied Materials’ multiyear demand outlook. Applied Materials CEO Just Reinforced the AI Investment Thesis. How to Play AMAT Stock Here.
• Positive Sentiment: Mizuho raised its price target on AMAT, citing strong demand commentary and expecting EPS growth of more than 36% over the next year. Mizuho Raises PT on Applied Materials (AMAT)
• Positive Sentiment: Applied Materials was highlighted as a key AI infrastructure and “picks-and-shovels” play, with articles arguing the stock could continue trending higher alongside AI hardware spending. Applied Materials: The Picks-and-Shovels Play in an AI Era Will Continue to Trend Higher
• Positive Sentiment: Reports also pointed to a 10-year AI packaging partnership with TSMC and a Buy rating from Bernstein, both of which support the bull case for long-term demand. Applied Materials (AMAT) Lands 10 Year TSMC AI Packaging Partnership Applied Materials (AMAT) Gets a Buy from Bernstein
• Neutral Sentiment: Some commentary notes the stock has already run sharply over the past six months, so investors may be weighing whether much of the AI optimism is already priced in. 2 Reasons to Watch AMAT and 1 to Stay Cautious
• Neutral Sentiment: Broader semiconductor strength and lower inflation also helped sentiment across AI hardware names, including AMAT, KLA, and Teradyne. Applied Materials, KLA Corporation, and Teradyne Shares Skyrocket, What You Need To Know

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.