Kingsview Wealth Management LLC Invests $80.68 Million in Applied Materials, Inc. $AMAT

Kingsview Wealth Management LLC acquired a new stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 111,588 shares of the manufacturing equipment provider’s stock, valued at approximately $80,678,000. Applied Materials accounts for 1.0% of Kingsview Wealth Management LLC’s portfolio, making the stock its 21st largest holding.

Other large investors have also made changes to their positions in the company. Caldwell Investment Management Ltd. acquired a new position in shares of Applied Materials during the 2nd quarter worth approximately $1,589,000. Ausdal Financial Partners Inc. acquired a new stake in Applied Materials in the 2nd quarter valued at $4,005,000. Evolve Private Wealth LLC grew its stake in Applied Materials by 59.0% in the 1st quarter. Evolve Private Wealth LLC now owns 2,875 shares of the manufacturing equipment provider’s stock valued at $983,000 after acquiring an additional 1,067 shares during the period. WealthPlan Investment Management LLC acquired a new position in Applied Materials during the fourth quarter worth $1,082,000. Finally, Ameritas Advisory Services LLC increased its stake in shares of Applied Materials by 183.7% during the fourth quarter. Ameritas Advisory Services LLC now owns 3,073 shares of the manufacturing equipment provider’s stock worth $790,000 after purchasing an additional 1,990 shares in the last quarter. 80.56% of the stock is owned by hedge funds and other institutional investors.

Applied Materials Stock Performance

Applied Materials stock opened at $461.67 on Friday. The stock has a market cap of $366.38 billion, a price-to-earnings ratio of 39.80, a price-to-earnings-growth ratio of 0.99 and a beta of 1.61. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.42 and a quick ratio of 1.79. The firm has a 50 day simple moving average of $550.80 and a 200-day simple moving average of $456.77. Applied Materials, Inc. has a 1-year low of $154.46 and a 1-year high of $739.67.

Applied Materials (NASDAQ:AMAT) last posted its earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 EPS for the quarter, beating analysts’ consensus estimates of $3.40 by $0.10. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The company had revenue of $9.12 billion for the quarter, compared to analysts’ expectations of $8.99 billion. During the same quarter in the prior year, the company posted $2.48 earnings per share. Applied Materials’s revenue for the quarter was up 24.8% compared to the same quarter last year. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. On average, analysts expect that Applied Materials, Inc. will post 12.76 EPS for the current year.

Applied Materials Announces Dividend

The company 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 dividend payout ratio is 18.28%.

Insider Activity at Applied Materials

In other Applied Materials news, SVP Omkaram Nalamasu sold 24,263 shares of Applied Materials stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $593.43, for a total value of $14,398,392.09. Following the completion of the transaction, the senior vice president directly owned 146,916 shares of the company’s stock, valued at $87,184,361.88. The trade was a 14.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Prabu G. Raja sold 50,000 shares of the stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $505.28, for a total transaction of $25,264,000.00. Following the sale, the insider directly owned 356,642 shares in the company, valued at $180,204,069.76. This represents a 12.30% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 284,192 shares of company stock valued at $172,625,209 over the last ninety days. 0.30% of the stock is owned by insiders.

Analyst Ratings Changes

AMAT has been the subject of several research reports. HC Wainwright set a $850.00 price target on Applied Materials in a research report on Monday, June 29th. Barclays raised their price target on shares of Applied Materials from $500.00 to $590.00 and gave the stock an “overweight” rating in a research note on Thursday, June 11th. Jefferies Financial Group boosted their price target on shares of Applied Materials from $510.00 to $770.00 and gave the stock a “buy” rating in a research report on Friday, June 26th. JPMorgan Chase & Co. upped their price objective on shares of Applied Materials from $515.00 to $660.00 and gave the company an “overweight” rating in a research note on Friday, August 14th. Finally, Cantor Fitzgerald reiterated an “overweight” rating on shares of Applied Materials in a report on Friday, August 14th. One investment 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. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $657.76.

Trending Headlines about Applied Materials

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

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.