Applied Materials, Inc. $AMAT Shares Acquired by MassMutual Private Wealth & Trust FSB

MassMutual Private Wealth & Trust FSB boosted its position in Applied Materials, Inc. (NASDAQ:AMAT) by 57.6% in the second quarter, HoldingsChannel.com reports. The firm owned 10,723 shares of the manufacturing equipment provider’s stock after purchasing an additional 3,918 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in Applied Materials were worth $7,753,000 at the end of the most recent reporting period.

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

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Susquehanna lifted their target price on shares of Applied Materials from $575.00 to $900.00 and gave the stock a “positive” rating in a research report on Tuesday, June 30th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Applied Materials from $450.00 to $550.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Bank of America boosted their price target on shares of Applied Materials from $540.00 to $720.00 and gave the company a “buy” rating in a report on Tuesday, June 23rd. Wolfe Research upped their price target on shares of Applied Materials from $500.00 to $550.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Applied Materials in a report on Wednesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $603.23.

Applied Materials Trading Up 2.1%

NASDAQ:AMAT opened at $518.21 on Tuesday. Applied Materials, Inc. has a 12 month low of $154.46 and a 12 month high of $739.67. The firm has a market cap of $411.44 billion, a price-to-earnings ratio of 48.66, a P/E/G ratio of 1.29 and a beta of 1.61. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22. The company’s 50 day moving average is $552.58 and its 200-day moving average is $432.35.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, topping the consensus estimate of $2.68 by $0.18. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The business had revenue of $7.91 billion during the quarter, compared to analysts’ expectations of $7.68 billion. During the same quarter in the previous year, the firm earned $2.39 EPS. The firm’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. Equities analysts anticipate that Applied Materials, Inc. will post 12.14 EPS for the current year.

Applied Materials Announces Dividend

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

Key Applied Materials News

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

• Positive Sentiment: Applied Materials has a strong history of exceeding earnings expectations, and analysts say current earnings-estimate trends and other indicators point to a potential beat in its upcoming quarterly report. This raises expectations for continued revenue and earnings momentum. Will Applied Materials Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: The stock outperformed the broader market in the latest trading session, suggesting investors continue to favor Applied Materials despite volatility across semiconductor stocks. Applied Materials Outperforms Broader Market
• Neutral Sentiment: Applied Materials was described as having strong fundamentals, but one analyst downgraded the shares ahead of earnings. The report signals that expectations may already be elevated and that the company will need to deliver strong results or guidance to support further gains. Applied Materials Strong Fundamentals, But I’m Downgrading Ahead of Earnings
• Negative Sentiment: Semiconductor stocks faced pressure from fears that increased competition from China could challenge U.S. chip-equipment companies. The concern could weigh on Applied Materials through pricing pressure, market-share risks or restrictions affecting China-related demand. Semiconductor Stocks Sink Over Fears of Increased Competition From China

Insider Activity

In other news, insider Prabu G. Raja sold 50,000 shares of the 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 completion of the transaction, the insider owned 356,642 shares in the company, valued at approximately $180,204,069.76. This represents a 12.30% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Gary E. Dickerson sold 71,727 shares of the stock in a transaction dated Tuesday, June 16th. The stock was 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 278,088 shares of company stock valued at $169,654,805. Corporate insiders own 0.30% of the company’s stock.

Applied Materials 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.