Danica Pension Livsforsikringsaktieselskab Has $57.97 Million Holdings in Applied Materials, Inc. $AMAT

Danica Pension Livsforsikringsaktieselskab grew its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 1.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 80,175 shares of the manufacturing equipment provider’s stock after acquiring an additional 1,269 shares during the quarter. Applied Materials accounts for approximately 0.9% of Danica Pension Livsforsikringsaktieselskab’s investment portfolio, making the stock its 25th largest position. Danica Pension Livsforsikringsaktieselskab’s holdings in Applied Materials were worth $57,967,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Capital Research Global Investors lifted its holdings in Applied Materials by 119.8% in the fourth quarter. Capital Research Global Investors now owns 32,707,049 shares of the manufacturing equipment provider’s stock valued at $8,405,458,000 after buying an additional 17,829,377 shares during the period. Norges Bank purchased a new position in shares of Applied Materials during the fourth quarter valued at approximately $2,858,543,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Applied Materials by 617.2% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,129,483 shares of the manufacturing equipment provider’s stock worth $1,869,170,000 after purchasing an additional 7,856,576 shares in the last quarter. Auto Owners Insurance Co increased its position in shares of Applied Materials by 25,824.4% during the 4th quarter. Auto Owners Insurance Co now owns 3,370,167 shares of the manufacturing equipment provider’s stock valued at $86,610,000 after purchasing an additional 3,357,167 shares during the last quarter. Finally, Coatue Management LLC grew its holdings in Applied Materials by 78.7% during the fourth quarter. Coatue Management LLC now owns 5,984,332 shares of the manufacturing equipment provider’s stock valued at $1,537,913,000 after purchasing an additional 2,635,284 shares during the period. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on AMAT. Jefferies Financial Group boosted their price target on shares of Applied Materials from $510.00 to $770.00 and gave the company a “buy” rating in a research report on Friday, June 26th. HC Wainwright set a $850.00 target price on shares of Applied Materials in a research note on Monday, June 29th. Raymond James Financial set a $650.00 price target on Applied Materials in a research report on Wednesday, June 10th. Erste Group Bank lowered Applied Materials from a “buy” rating to a “hold” rating in a report on Wednesday, August 5th. Finally, UBS Group set a $675.00 price objective on shares of Applied Materials and gave the stock a “buy” rating in a report on Friday, August 14th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Applied Materials has an average rating of “Moderate Buy” and an average price target of $659.83.

Key Headlines Impacting Applied Materials

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

• Positive Sentiment: AI demand supports the long-term outlook. JPMorgan reiterated an Overweight rating and estimates semiconductor-systems revenue could grow about 40% this year, with AI-related investment accounting for roughly 80% of chip-equipment demand. Applied Materials Sees Years Of AI-Fueled Growth Ahead
• Positive Sentiment: Advanced packaging and memory opportunities remain catalysts. New equipment launches are strengthening Applied Materials’ position in advanced packaging as demand for high-bandwidth memory (HBM) and semiconductor manufacturing capacity expands. Can Applied Materials Sustain Its Growth Amid AI-Driven Demand?
• Positive Sentiment: Brokerage coverage remains favorable. Berenberg issued a Buy rating, while broader analyst recommendations continue to point toward adding AMAT to portfolios. However, investors should note that consensus ratings can be overly optimistic because they are based on sell-side opinions. Applied Materials Receives a Buy from Berenberg Bank
• Neutral Sentiment: Fundamentals were stronger than expected, but the market response was weak. Applied Materials reported record fiscal third-quarter revenue of $9.12 billion, up 25% year over year, and exceeded consensus EPS and revenue estimates. Its above-consensus outlook was apparently insufficient to overcome high expectations and valuation concerns. Applied Materials Delivered a Record Quarter. The Stock Fell Anyway
• Negative Sentiment: High-profile bearish positioning is weighing on sentiment. Paul Tudor Jones reportedly liquidated his AMAT common-stock position and increased his put exposure, while Dr. Michael Burry is also betting against the shares. These trades raise concerns about semiconductor-cycle risks and whether future foundry capital spending will meet already elevated expectations. Paul Tudor Jones Liquidated His Applied Materials Stake

Applied Materials Stock Down 0.8%

NASDAQ:AMAT opened at $492.32 on Friday. The stock has a market capitalization of $390.88 billion, a P/E ratio of 42.44, a P/E/G ratio of 1.06 and a beta of 1.61. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.79 and a current ratio of 2.42. The company’s 50-day simple moving average is $562.67 and its 200-day simple moving average is $451.05. 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 quarterly earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.40 by $0.10. The company had revenue of $9.12 billion during the quarter, compared to analyst estimates of $8.99 billion. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. Applied Materials’s revenue for the quarter was up 24.8% compared to the same quarter last year. During the same period last year, the firm posted $2.48 EPS. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. On average, equities analysts anticipate that Applied Materials, Inc. will post 12.73 earnings per share for the current fiscal year.

Applied Materials Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be paid a dividend of $0.53 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.4%. Applied Materials’s dividend payout ratio is 18.28%.

Insider Activity

In other Applied Materials news, Director Thomas J. Iannotti sold 9,250 shares of Applied Materials stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $599.77, for a total value of $5,547,872.50. Following the completion of the sale, the director directly 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 legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Omkaram Nalamasu sold 24,263 shares of the company’s 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 directly owned 146,916 shares of the company’s stock, valued at approximately $87,184,361.88. This trade represents a 14.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 277,820 shares of company stock worth $169,538,434 in the last quarter. 0.30% of the stock is currently owned by corporate insiders.

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.