Lombard Odier Asset Management Europe Ltd Purchases New Stake in Applied Materials, Inc. $AMAT

Lombard Odier Asset Management Europe Ltd acquired a new position in shares of Applied Materials, Inc. (NASDAQ:AMAT) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 47,015 shares of the manufacturing equipment provider’s stock, valued at approximately $12,082,000.

Several other hedge funds have also added to or reduced their stakes in the stock. Tradition Wealth Management LLC grew its position in shares of Applied Materials by 3.1% during the 4th quarter. Tradition Wealth Management LLC now owns 1,031 shares of the manufacturing equipment provider’s stock valued at $265,000 after acquiring an additional 31 shares during the period. Hoxton Planning & Management LLC raised its holdings in shares of Applied Materials by 1.4% in the 4th quarter. Hoxton Planning & Management LLC now owns 2,208 shares of the manufacturing equipment provider’s stock worth $567,000 after purchasing an additional 31 shares during the period. Godsey & Gibb Inc. lifted its stake in Applied Materials by 2.6% in the fourth quarter. Godsey & Gibb Inc. now owns 1,298 shares of the manufacturing equipment provider’s stock valued at $334,000 after purchasing an additional 33 shares during the last quarter. Family Capital Management Inc. lifted its stake in Applied Materials by 0.8% in the fourth quarter. Family Capital Management Inc. now owns 4,227 shares of the manufacturing equipment provider’s stock valued at $1,086,000 after purchasing an additional 33 shares during the last quarter. Finally, Denali Advisors LLC lifted its stake in Applied Materials by 0.7% in the fourth quarter. Denali Advisors LLC now owns 4,582 shares of the manufacturing equipment provider’s stock valued at $1,178,000 after purchasing an additional 34 shares during the last quarter. Institutional investors own 80.56% of the company’s stock.

Applied Materials News Roundup

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

• Positive Sentiment: Applied Materials announced a long-term partnership with EssilorLuxottica to co-develop augmented reality optics platforms and AI-powered smart eyewear, expanding the company beyond chip equipment into a potentially new growth market. Article Title
• Positive Sentiment: The company also unveiled new deposition and selective etch systems designed to solve 3D chip-scaling challenges, reinforcing its role in enabling next-generation AI chips and advanced semiconductor manufacturing. Article Title
• Positive Sentiment: Analyst and market commentary stayed upbeat, with higher price targets from Barclays and Cantor Fitzgerald and multiple articles highlighting strong momentum in AI-related businesses and the company’s recent surge. Article Title
• Neutral Sentiment: Several pieces noted that Applied Materials has already had a very strong move this year and may be extended on valuation, which could temper enthusiasm even as fundamentals improve. Article Title
• Negative Sentiment: One market note said the stock dropped despite the smart-glasses deal, suggesting investors may be taking profits or questioning whether the new initiatives justify the current valuation immediately. Article Title

Analyst Ratings Changes

A number of analysts have issued reports on AMAT shares. HSBC started coverage on Applied Materials in a research report on Friday, May 8th. They issued a “buy” rating and a $517.00 target price for the company. Erste Group Bank raised Applied Materials from a “hold” rating to a “buy” rating in a research report on Monday, April 27th. Bank of America raised their target price on Applied Materials from $465.00 to $540.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Deutsche Bank Aktiengesellschaft raised their target price on Applied Materials from $450.00 to $550.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Finally, UBS Group raised their target price on Applied Materials from $515.00 to $570.00 and gave the stock a “buy” rating in a research report on Wednesday, June 10th. Twenty-seven research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, Applied Materials currently has a consensus rating of “Moderate Buy” and a consensus target price of $483.03.

Applied Materials Stock Down 3.0%

Applied Materials stock opened at $568.23 on Wednesday. Applied Materials, Inc. has a 1-year low of $154.46 and a 1-year high of $600.91. The firm has a market capitalization of $451.15 billion, a price-to-earnings ratio of 53.35, a P/E/G ratio of 1.63 and a beta of 1.67. The company has a current ratio of 2.51, a quick ratio of 1.80 and a debt-to-equity ratio of 0.22. The firm has a 50 day simple moving average of $436.36 and a 200 day simple moving average of $358.14.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, beating analysts’ consensus estimates of $2.68 by $0.18. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The business had revenue of $7.91 billion during the quarter, compared to analyst estimates of $7.68 billion. During the same period in the previous year, the business earned $2.39 EPS. Applied Materials’s 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. On average, analysts predict that Applied Materials, Inc. will post 12.1 earnings per share for the current year.

Applied Materials Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors 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 is Thursday, August 20th. Applied Materials’s payout ratio is currently 19.91%.

Insider Buying and Selling at Applied Materials

In related news, insider Prabu G. Raja sold 50,000 shares of Applied Materials stock in a transaction that occurred 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 completion of the transaction, the insider directly owned 356,642 shares in the company, valued at approximately $180,204,069.76. The trade was a 12.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Brice Hill sold 2,500 shares of Applied Materials stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $498.86, for a total transaction of $1,247,150.00. Following the completion of the transaction, the chief financial officer owned 136,113 shares of the company’s stock, valued at $67,901,331.18. This represents a 1.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 53,896 shares of company stock valued at $27,135,121 over the last 90 days. 0.30% of the stock is currently owned by corporate insiders.

About Applied Materials

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.