Revolve Wealth Partners LLC Buys 1,355 Shares of Applied Materials, Inc. $AMAT

Revolve Wealth Partners LLC grew its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 100.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,706 shares of the manufacturing equipment provider’s stock after acquiring an additional 1,355 shares during the quarter. Revolve Wealth Partners LLC’s holdings in Applied Materials were worth $1,956,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Financial Freedom LLC purchased a new stake in Applied Materials during the 1st quarter valued at about $28,000. Elevation Wealth Partners LLC raised its holdings in Applied Materials by 34.8% in the second quarter. Elevation Wealth Partners LLC now owns 93 shares of the manufacturing equipment provider’s stock worth $67,000 after buying an additional 24 shares during the last quarter. Cornerstone Financial Management LLC purchased a new position in Applied Materials in the fourth quarter worth about $25,000. Whipplewood Advisors LLC lifted its stake in shares of Applied Materials by 218.8% in the first quarter. Whipplewood Advisors LLC now owns 102 shares of the manufacturing equipment provider’s stock worth $35,000 after buying an additional 70 shares in the last quarter. Finally, Wilkerson Advisory Group LLC bought a new position in shares of Applied Materials in the fourth quarter worth approximately $26,000. 80.56% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Applied Materials

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

• Positive Sentiment: Analysts raised longer-term earnings expectations. An analyst increased the FY2027 EPS forecast, suggesting continued confidence in Applied Materials’ semiconductor-equipment demand and earnings trajectory. FY2027 EPS Forecast for Applied Materials Lifted by Analyst
• Positive Sentiment: AI and data-center investment remain major growth drivers. Applied Materials supplies equipment used to manufacture advanced chips, and potential semiconductor demand from Tesla and SpaceX’s proposed $16.8 billion “Terafab” project could benefit AMAT and other chip-equipment suppliers. The Zacks Analyst Blog Highlights SpaceX, Tesla, KLA Corp, Onto Innovation, Applied Materials and Lam Research
• Positive Sentiment: The investment case includes solid fundamentals and shareholder returns. Coverage highlights AMAT’s AI exposure, broad technology portfolio, strong profitability and dividend history. Its latest reported quarter also exceeded consensus estimates for revenue and EPS, while management provided third-quarter EPS guidance of $3.16 to $3.56. Applied Materials’ dividends: History, yield and payout ratio explained
• Neutral Sentiment: Earnings are the immediate catalyst. Analysts expect approximately $3.39 in Q3 EPS on roughly $9 billion of revenue, while previews emphasize key operating metrics beyond headline results. The stock’s implied earnings move is potentially sizable, increasing short-term volatility. Applied Materials Earnings Preview
• Negative Sentiment: High expectations and valuation leave little room for disappointment. AMAT has rallied significantly over the past year but remains well below its yearly peak. With a reported P/E ratio near 49, investors may be taking profits or reducing exposure ahead of earnings unless the outlook clearly supports current expectations.
• Negative Sentiment: Broader semiconductor-sector volatility is another headwind. Weakness in major equipment stocks, including ASML, following China-related headlines may be weighing on sentiment toward the entire chip-equipment group, even though the recent AMAT coverage is predominantly bullish.

Applied Materials Stock Down 3.2%

AMAT stock opened at $522.12 on Tuesday. Applied Materials, Inc. has a fifty-two week low of $154.46 and a fifty-two week high of $739.67. The business’s 50-day moving average is $560.75 and its two-hundred day moving average is $439.93. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.80 and a current ratio of 2.51. The company has a market cap of $414.54 billion, a price-to-earnings ratio of 49.03, a P/E/G ratio of 1.37 and a beta of 1.61.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings results 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 return on equity of 36.97% and a net margin of 29.31%.The business had revenue of $7.91 billion during the quarter, compared to the consensus estimate of $7.68 billion. During the same period in the previous year, the company posted $2.39 EPS. The business’s quarterly revenue 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. As a group, analysts forecast that Applied Materials, Inc. will post 12.17 earnings per share for the current year.

Applied Materials Dividend Announcement

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 dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 0.4%. The ex-dividend date is Thursday, August 20th. Applied Materials’s payout ratio is 19.91%.

Insider Buying and Selling at Applied Materials

In other Applied Materials news, SVP Omkaram Nalamasu sold 24,263 shares of the stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $593.43, for a total value of $14,398,392.09. Following the transaction, the senior vice president directly owned 146,916 shares in the company, valued at approximately $87,184,361.88. This trade represents a 14.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 transaction, the chief executive officer owned 1,599,843 shares in the company, valued at $1,176,236,570.46. This represents a 1.23% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 278,088 shares of company stock valued at $169,654,805 in the last quarter. Insiders own 0.30% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on AMAT shares. Wall Street Zen downgraded shares of Applied Materials from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Mizuho upped their price objective on Applied Materials from $540.00 to $650.00 and gave the company an “outperform” rating in a research report on Wednesday, July 8th. Truist Financial set a $575.00 target price on Applied Materials in a research note on Thursday, May 28th. Wolfe Research lifted their target price on Applied Materials from $500.00 to $550.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. Finally, Needham & Company LLC boosted their price target on Applied Materials from $530.00 to $740.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, Applied Materials presently has an average rating of “Moderate Buy” and a consensus price target of $603.23.

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.