3,522 Applied Materials, Inc. $AMAT Shares Acquired by One Way Holdings LLC

One Way Holdings LLC grew its position in Applied Materials, Inc. (NASDAQ:AMAT) by 9.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 42,536 shares of the manufacturing equipment provider’s stock after purchasing an additional 3,522 shares during the period. One Way Holdings LLC’s holdings in Applied Materials were worth $21,752,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in AMAT. Welch Group LLC raised its holdings in shares of Applied Materials by 10.8% during the 3rd quarter. Welch Group LLC now owns 25,558 shares of the manufacturing equipment provider’s stock valued at $13,070,000 after purchasing an additional 2,484 shares in the last quarter. Woodmont Investment Counsel LLC lifted its stake in shares of Applied Materials by 11.5% in the 3rd quarter. Woodmont Investment Counsel LLC now owns 1,740 shares of the manufacturing equipment provider’s stock valued at $890,000 after purchasing an additional 180 shares during the last quarter. Traynor Capital Management Inc. boosted its holdings in Applied Materials by 2.6% in the third quarter. Traynor Capital Management Inc. now owns 6,618 shares of the manufacturing equipment provider’s stock worth $3,384,000 after purchasing an additional 169 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its holdings in Applied Materials by 11.6% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,103,271 shares of the manufacturing equipment provider’s stock worth $1,075,571,000 after purchasing an additional 219,045 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in Applied Materials during the third quarter worth $504,242,000. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Argus set a $600.00 price target on Applied Materials and gave the stock a “buy” rating in a research report on Tuesday, August 18th. Seaport Research Partners reissued a “buy” rating and set a $575.00 price objective (up from $500.00) on shares of Applied Materials in a report on Friday, August 14th. Cantor Fitzgerald reissued an “overweight” rating on shares of Applied Materials in a research note on Tuesday, October 20th. TD Cowen restated a “buy” rating and issued a $700.00 target price on shares of Applied Materials in a report on Friday, August 14th. Finally, Citigroup reaffirmed a “buy” rating and set a $710.00 target price (up from $550.00) on shares of Applied Materials in a research report on Monday, August 3rd. Thirty equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, Applied Materials has an average rating of “Moderate Buy” and a consensus target price of $632.70.

Applied Materials Stock Performance

Applied Materials stock opened at $390.09 on Monday. 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 business’s 50-day simple moving average is $457.66 and its 200-day simple moving average is $443.63. The firm has a market capitalization of $309.58 billion, a PE ratio of 33.63, a PEG ratio of 1.09 and a beta of 1.67. Applied Materials, Inc. has a 52 week low of $203.40 and a 52 week high of $739.67.

Applied Materials (NASDAQ:AMAT) last released its earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.40 by $0.10. The firm had revenue of $9.12 billion for the quarter, compared to analyst estimates of $8.99 billion. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%. The company’s revenue was up 24.8% on a year-over-year basis. During the same quarter last year, the firm posted $2.48 EPS. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. Equities research analysts forecast that Applied Materials, Inc. will post 12.79 earnings per share for the current year.

Applied Materials Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Thursday, November 19th will be paid a $0.53 dividend. The ex-dividend date is Thursday, November 19th. This represents a $2.12 annualized dividend and a dividend yield of 0.5%. Applied Materials’s dividend payout ratio (DPR) is presently 18.28%.

Insider Buying and Selling

In related news, CFO Brice Hill sold 7,500 shares of the business’s stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $479.25, for a total transaction of $3,594,375.00. Following the transaction, the chief financial officer owned 128,613 shares of the company’s stock, valued at approximately $61,637,780.25. The trade was a 5.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Adam Sanders sold 725 shares of the company’s stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $544.56, for a total transaction of $394,806.00. Following the transaction, the chief accounting officer owned 3,181 shares of the company’s stock, valued at approximately $1,732,245.36. The trade was a 18.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 9,225 shares of company stock valued at $4,454,181. 0.30% of the stock is owned by company insiders.

Applied Materials Profile

Applied Materials, Inc is a technology company that supplies equipment, services and software used to manufacture semiconductors and advanced displays. Its products help customers fabricate the integrated circuits and other components used in computers, mobile devices, data centers, automobiles and a range of connected technologies.

The company’s offerings include systems for materials engineering, wafer fabrication, inspection and process control, along with equipment and services designed to improve manufacturing productivity and yield.