UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $6.81 Billion Stake in Applied Materials, Inc. $AMAT

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its position in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 5.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,412,435 shares of the manufacturing equipment provider’s stock after selling 584,773 shares during the quarter. Applied Materials comprises 1.2% of UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s investment portfolio, making the stock its 13th biggest holding. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 1.19% of Applied Materials worth $6,805,191,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of AMAT. Capital Research Global Investors lifted its stake in shares of Applied Materials by 119.8% in the 4th 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 purchasing an additional 17,829,377 shares during the period. Norges Bank acquired a new stake in Applied Materials during the fourth quarter worth approximately $2,858,543,000. Bank of America Corp DE acquired a new stake in Applied Materials during the second quarter worth approximately $5,252,863,000. Auto Owners Insurance Co grew its stake in Applied Materials by 25,824.4% during the fourth quarter. Auto Owners Insurance Co now owns 3,370,167 shares of the manufacturing equipment provider’s stock worth $86,610,000 after purchasing an additional 3,357,167 shares during the period. Finally, Coatue Management LLC increased its holdings in Applied Materials by 78.7% in the fourth quarter. Coatue Management LLC now owns 5,984,332 shares of the manufacturing equipment provider’s stock worth $1,537,913,000 after purchasing an additional 2,635,284 shares in the last quarter. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have issued reports on AMAT. Truist Financial set a $575.00 price target on Applied Materials in a research note on Thursday, May 28th. Morgan Stanley reduced their price objective on shares of Applied Materials from $646.00 to $642.00 and set an “equal weight” rating for the company in a research report on Friday, August 14th. Sanford C. Bernstein lifted their price objective on shares of Applied Materials from $675.00 to $700.00 and gave the company an “outperform” rating in a research note on Friday, August 14th. Wolfe Research boosted their target price on shares of Applied Materials from $500.00 to $550.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. Finally, Jefferies Financial Group increased their target price on shares of Applied Materials from $510.00 to $770.00 and gave the stock a “buy” rating in a research note on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $657.76.

More Applied Materials News

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

• Positive Sentiment: Semiconductor and AI demand remains strong: Recent coverage highlights Applied Materials’ $9.12 billion third-quarter revenue, up 25% year over year, and non-GAAP EPS of $3.50, up 41%. Management cited record demand visibility from AI infrastructure, more than 10 new fab projects during the quarter and fourth-quarter revenue guidance of $10.25 billion. The company is also continuing share repurchases and investing $5 billion in its EPIC Center to accelerate semiconductor innovation. The AI Buildout Is Turning Applied Materials Into A Profit Machine
• Positive Sentiment: New board member adds semiconductor expertise: AMAT appointed Akash Palkhiwala, Qualcomm’s CFO and COO, to its board and Audit Committee. His finance, operations and industry experience could strengthen oversight as Applied Materials pursues growth tied to advanced logic, memory and AI chip production. Applied Materials Appoints Akash Palkhiwala to Board of Directors
• Neutral Sentiment: Options market signals elevated uncertainty: A new analysis says options pricing for roughly one year ahead implies a particularly wide potential trading range, extending materially below and above the current level. That suggests investors should expect significant volatility rather than providing a clear directional signal. How Far Applied Materials Stock Can Move In A Year
• Negative Sentiment: CFO share sale may weigh modestly on sentiment: CFO Brice Hill sold 7,500 AMAT shares for approximately $3.6 million, reducing his direct holdings by 5.51%. The sale does not alter the company’s operating outlook, but insider selling can create a limited short-term sentiment overhang. SEC Insider Transaction Filing

Insider Activity

In other Applied Materials news, insider Prabu G. Raja sold 50,000 shares of the firm’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $505.28, for a total value of $25,264,000.00. Following the transaction, the insider directly owned 356,642 shares of the company’s stock, valued at approximately $180,204,069.76. This trade represents a 12.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Thomas J. Iannotti sold 9,250 shares of Applied Materials stock in a transaction dated 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 transaction, the director owned 40,559 shares of the company’s stock, valued at $24,326,071.43. This represents a 18.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 284,192 shares of company stock valued at $172,625,209. 0.30% of the stock is currently owned by insiders.

Applied Materials Stock Down 4.3%

Shares of NASDAQ:AMAT opened at $461.67 on Friday. 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, Inc. has a 52-week low of $154.46 and a 52-week high of $739.67. The business’s 50 day simple moving average is $550.80 and its two-hundred day simple moving average is $456.77. The firm has a market cap of $366.38 billion, a P/E ratio of 39.80, a PEG ratio of 0.99 and a beta of 1.61.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings data on Thursday, August 13th. The manufacturing equipment provider reported $3.50 EPS for the quarter, beating the consensus estimate of $3.40 by $0.10. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%.The firm had revenue of $9.12 billion during the quarter, compared to the consensus estimate of $8.99 billion. During the same quarter in the previous year, the company posted $2.48 earnings per share. The company’s quarterly 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. As a group, research analysts forecast that Applied Materials, Inc. will post 12.76 EPS for the current fiscal year.

Applied Materials Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 20th will be paid a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Thursday, August 20th. Applied Materials’s payout ratio is 18.28%.

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.