Applied Materials, Inc. $AMAT Shares Sold by Blueshift Asset Management LLC

Blueshift Asset Management LLC reduced its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 61.1% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,247 shares of the manufacturing equipment provider’s stock after selling 1,959 shares during the quarter. Blueshift Asset Management LLC’s holdings in Applied Materials were worth $228,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the business. Maseco LLP purchased a new stake in Applied Materials during the second quarter worth approximately $30,000. Financial Gravity Companies Inc. purchased a new stake in shares of Applied Materials during the 2nd quarter worth approximately $31,000. Clal Insurance Enterprises Holdings Ltd lifted its position in shares of Applied Materials by 435.0% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 214 shares of the manufacturing equipment provider’s stock worth $31,000 after buying an additional 174 shares during the last quarter. Activest Wealth Management boosted its holdings in shares of Applied Materials by 5,325.0% in the 1st quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider’s stock valued at $31,000 after buying an additional 213 shares in the last quarter. Finally, Quaker Wealth Management LLC grew its position in shares of Applied Materials by 133.3% in the 2nd quarter. Quaker Wealth Management LLC now owns 218 shares of the manufacturing equipment provider’s stock valued at $40,000 after buying an additional 873 shares during the last quarter. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on AMAT shares. B. Riley reissued a “buy” rating and issued a $270.00 price target (up from $265.00) on shares of Applied Materials in a research report on Friday, November 14th. BNP Paribas raised Applied Materials to a “hold” rating in a report on Monday, November 17th. The Goldman Sachs Group restated a “buy” rating and set a $250.00 price target on shares of Applied Materials in a research note on Friday, November 14th. Craig Hallum reaffirmed a “hold” rating and set a $190.00 price target on shares of Applied Materials in a research report on Friday, November 14th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Applied Materials in a research note on Monday. Twenty investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $234.74.

Insider Buying and Selling at Applied Materials

In other news, CAO Adam Sanders sold 609 shares of Applied Materials stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $255.53, for a total value of $155,617.77. Following the sale, the chief accounting officer owned 4,413 shares of the company’s stock, valued at $1,127,653.89. The trade was a 12.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Teri A. Little sold 4,000 shares of the business’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $238.24, for a total transaction of $952,960.00. Following the transaction, the senior vice president owned 84,351 shares in the company, valued at approximately $20,095,782.24. This trade represents a 4.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 8,609 shares of company stock valued at $2,044,898 in the last 90 days. Company insiders own 0.24% of the company’s stock.

Applied Materials Stock Up 0.3%

AMAT opened at $269.44 on Friday. Applied Materials, Inc. has a 52 week low of $123.74 and a 52 week high of $272.76. The business has a 50 day moving average price of $229.97 and a two-hundred day moving average price of $195.00. The company has a quick ratio of 1.87, a current ratio of 2.61 and a debt-to-equity ratio of 0.32. The company has a market cap of $214.65 billion, a PE ratio of 31.04, a P/E/G ratio of 2.80 and a beta of 1.67.

Applied Materials (NASDAQ:AMAT) last released its earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.11 by $0.06. Applied Materials had a return on equity of 39.26% and a net margin of 24.67%.The business had revenue of $6.80 billion for the quarter, compared to analyst estimates of $6.68 billion. During the same quarter in the previous year, the company posted $2.32 earnings per share. The company’s revenue for the quarter was down 3.5% compared to the same quarter last year. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. As a group, research analysts anticipate that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be given a dividend of $0.46 per share. The ex-dividend date is Thursday, November 20th. This represents a $1.84 dividend on an annualized basis and a yield of 0.7%. Applied Materials’s dividend payout ratio is presently 21.20%.

Applied Materials Company Profile

Applied Materials, Inc engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits.