Triglav Investments D.O.O. Has $6.03 Million Position in Applied Materials, Inc. $AMAT

Triglav Investments D.O.O. increased its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 62.9% in the 1st quarter, HoldingsChannel.com reports. The firm owned 17,664 shares of the manufacturing equipment provider’s stock after acquiring an additional 6,818 shares during the period. Triglav Investments D.O.O.’s holdings in Applied Materials were worth $6,034,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in Applied Materials by 28.0% in the fourth quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock valued at $2,061,000 after buying an additional 2,771 shares during the period. Sivia Capital Partners LLC grew its holdings in Applied Materials by 26.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,225 shares of the manufacturing equipment provider’s stock worth $590,000 after acquiring an additional 679 shares during the period. Forefront Wealth Partners LLC bought a new stake in shares of Applied Materials during the 2nd quarter valued at $410,000. Schnieders Capital Management LLC. raised its position in shares of Applied Materials by 30.1% during the 2nd 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. lifted its stake in shares of Applied Materials by 59.3% in the 2nd quarter. Sei Investments Co. now owns 422,694 shares of the manufacturing equipment provider’s stock valued at $77,383,000 after purchasing an additional 157,426 shares during the period. 80.56% of the stock is owned by institutional investors.

Applied Materials News Roundup

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

• Positive Sentiment: Applied Materials rallied after CEO Gary Dickerson said chipmakers have “tremendous visibility” into demand, implying the AI investment cycle could support equipment orders for years rather than quarters. Applied Materials (AMAT) Stock Jumps after CEO Says AI Chip Demand Has Years to Run
• Positive Sentiment: Meta Platforms’ reported plan to begin manufacturing an in-house AI chip helped spark a broader rally in semiconductor equipment stocks, including Applied Materials, on expectations that AI infrastructure spending will remain strong. Applied Materials stock jumps as Meta AI chip plan lifts semiconductor names
• Positive Sentiment: Stifel and Needham both raised their price targets on AMAT and kept buy ratings, reinforcing the view that improving fundamentals and AI-driven demand could support further upside. Applied Materials PT Raised to $650 at Stifel
• Neutral Sentiment: Applied Materials was removed from several Russell value-oriented indices in late June, a classification change that reflects the stock’s shift toward being viewed more as an AI/semiconductor growth name than a value stock. How Investors Are Reacting To Applied Materials (AMAT) Being Dropped From Key Russell Value Indices
• Neutral Sentiment: Short-interest data showed no reported short interest as of July 10, offering little evidence of bearish positioning from the latest filing.

Insider Buying and Selling at Applied Materials

In other news, CEO Gary E. Dickerson sold 71,727 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $593.75, for a total transaction of $42,587,906.25. Following the completion of the transaction, the chief executive officer directly owned 1,695,164 shares of the company’s stock, valued at $1,006,503,625. This trade represents a 4.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 transaction of $25,264,000.00. Following the completion of the sale, the insider owned 356,642 shares in the company, valued at $180,204,069.76. This trade represents a 12.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 278,088 shares of company stock valued at $169,654,805 in the last 90 days. 0.30% of the stock is currently owned by corporate insiders.

Applied Materials Price Performance

Applied Materials stock opened at $602.50 on Monday. The company has a 50 day moving average of $517.90 and a 200-day moving average of $403.30. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22. Applied Materials, Inc. has a twelve month low of $154.46 and a twelve month high of $739.67. The stock has a market capitalization of $478.36 billion, a PE ratio of 56.57, a price-to-earnings-growth ratio of 1.53 and a beta of 1.57.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, topping analysts’ consensus estimates of $2.68 by $0.18. The business had revenue of $7.91 billion for the quarter, compared to analyst estimates of $7.68 billion. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The firm’s quarterly revenue was up 11.4% on a year-over-year basis. During the same period last year, the business posted $2.39 earnings per share. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. On average, equities research analysts anticipate that Applied Materials, Inc. will post 12.13 EPS for the current fiscal year.

Applied Materials Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, August 20th. Applied Materials’s dividend payout ratio is currently 19.91%.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. JPMorgan Chase & Co. lifted their price objective on Applied Materials from $400.00 to $515.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Needham & Company LLC raised their target price on Applied Materials from $530.00 to $740.00 and gave the stock a “buy” rating in a report on Friday. Erste Group Bank upgraded shares of Applied Materials from a “hold” rating to a “buy” rating in a research report on Monday, April 27th. Jefferies Financial Group boosted their price objective on shares of Applied Materials from $510.00 to $770.00 and gave the company a “buy” rating in a report on Friday, June 26th. Finally, Cantor Fitzgerald lifted their price target on shares of Applied Materials from $650.00 to $850.00 and gave the stock an “overweight” rating in a research report on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $589.48.

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.