Quantbot Technologies LP Has $8.22 Million Stock Position in Applied Materials, Inc. $AMAT

Quantbot Technologies LP boosted its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 61.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 11,373 shares of the manufacturing equipment provider’s stock after purchasing an additional 4,324 shares during the quarter. Quantbot Technologies LP’s holdings in Applied Materials were worth $8,223,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its position in shares of Applied Materials by 28.0% during the 4th quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock worth $2,061,000 after buying an additional 2,771 shares during the period. Sivia Capital Partners LLC lifted its holdings in Applied Materials by 26.7% in the second quarter. Sivia Capital Partners LLC now owns 3,225 shares of the manufacturing equipment provider’s stock valued at $590,000 after buying an additional 679 shares during the period. Forefront Wealth Partners LLC acquired a new position in Applied Materials in the second quarter valued at approximately $410,000. Schnieders Capital Management LLC. boosted its stake in Applied Materials by 30.1% in the second quarter. Schnieders Capital Management LLC. now owns 15,003 shares of the manufacturing equipment provider’s stock valued at $2,747,000 after acquiring an additional 3,469 shares during the last quarter. Finally, Sei Investments Co. boosted its stake in Applied Materials by 59.3% in the second quarter. Sei Investments Co. now owns 422,694 shares of the manufacturing equipment provider’s stock valued at $77,383,000 after acquiring an additional 157,426 shares during the last quarter. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Applied Materials Trading Down 1.7%

AMAT opened at $484.19 on Tuesday. The firm’s fifty day moving average is $560.64 and its two-hundred day moving average is $453.08. The firm has a market cap of $384.25 billion, a PE ratio of 41.74, a price-to-earnings-growth ratio of 1.06 and a beta of 1.61. Applied Materials, Inc. has a twelve month low of $154.46 and a twelve month high of $739.67. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.79 and a current ratio of 2.42.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.40 by $0.10. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The company had revenue of $9.12 billion during the quarter, compared to analyst estimates of $8.99 billion. During the same quarter in the previous year, the business earned $2.48 EPS. The firm’s revenue was up 24.8% on a year-over-year basis. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. Equities research analysts anticipate that Applied Materials, Inc. will post 12.73 EPS for the current year.

Applied Materials Dividend Announcement

The firm 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. This represents a $2.12 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, August 20th. Applied Materials’s payout ratio is presently 18.28%.

Insider Buying and Selling

In other Applied Materials news, CEO Gary E. Dickerson sold 20,000 shares of the stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $735.22, for a total value of $14,704,400.00. Following the completion of the sale, the chief executive officer directly owned 1,599,843 shares in the company, valued at $1,176,236,570.46. This represents a 1.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Thomas J. Iannotti sold 9,250 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $599.77, for a total value of $5,547,872.50. Following the sale, the director directly owned 40,559 shares in the company, valued at approximately $24,326,071.43. This represents a 18.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 276,692 shares of company stock valued at $169,030,834. 0.30% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Royal Bank Of Canada upped their target price on shares of Applied Materials from $520.00 to $600.00 and gave the company an “outperform” rating in a research report on Friday, August 14th. Stifel Nicolaus raised their price target on Applied Materials from $530.00 to $650.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. JPMorgan Chase & Co. lifted their price objective on Applied Materials from $515.00 to $660.00 and gave the stock an “overweight” rating in a research note on Friday, August 14th. Sanford C. Bernstein upped their price objective on Applied Materials from $675.00 to $700.00 and gave the company an “outperform” rating in a report on Friday, August 14th. Finally, B. Riley Financial reissued a “buy” rating and issued a $700.00 target price (down from $790.00) on shares of Applied Materials in a research note on Friday, August 14th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, Applied Materials currently has an average rating of “Moderate Buy” and an average price target of $659.83.

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.