Adage Capital Partners GP L.L.C. Has $147.58 Million Stock Holdings in Applied Materials, Inc. $AMAT

Adage Capital Partners GP L.L.C. raised its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 1.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 806,126 shares of the manufacturing equipment provider’s stock after purchasing an additional 8,000 shares during the period. Adage Capital Partners GP L.L.C. owned 0.10% of Applied Materials worth $147,577,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. IFG Advisory LLC boosted its stake in shares of Applied Materials by 1,008.1% during the second quarter. IFG Advisory LLC now owns 36,156 shares of the manufacturing equipment provider’s stock valued at $6,619,000 after purchasing an additional 32,893 shares in the last quarter. Atlantic Union Bankshares Corp raised its holdings in Applied Materials by 23.0% in the 2nd quarter. Atlantic Union Bankshares Corp now owns 12,643 shares of the manufacturing equipment provider’s stock valued at $2,315,000 after buying an additional 2,363 shares during the last quarter. Sienna Gestion boosted its position in Applied Materials by 10.2% during the 2nd quarter. Sienna Gestion now owns 113,221 shares of the manufacturing equipment provider’s stock worth $18,924,000 after buying an additional 10,468 shares during the period. Vanguard Personalized Indexing Management LLC grew its holdings in Applied Materials by 31.8% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 145,277 shares of the manufacturing equipment provider’s stock worth $26,601,000 after acquiring an additional 35,012 shares during the last quarter. Finally, Westfield Capital Management Co. LP increased its position in Applied Materials by 13,360.6% in the 2nd quarter. Westfield Capital Management Co. LP now owns 694,431 shares of the manufacturing equipment provider’s stock valued at $127,129,000 after acquiring an additional 689,272 shares during the period. 80.56% of the stock is owned by institutional investors.

Applied Materials Trading Down 4.0%

NASDAQ AMAT opened at $259.21 on Friday. The stock has a market capitalization of $206.50 billion, a P/E ratio of 29.86, a P/E/G ratio of 2.81 and a beta of 1.67. The business has a 50 day simple moving average of $236.68 and a 200 day simple moving average of $199.44. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.61 and a quick ratio of 1.87. Applied Materials, Inc. has a one year low of $123.74 and a one year high of $276.10.

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

Applied Materials Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Thursday, February 19th will be issued a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Thursday, February 19th. Applied Materials’s dividend payout ratio (DPR) is presently 21.20%.

Insiders Place Their Bets

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

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Craig Hallum reiterated a “hold” rating and set a $190.00 price target on shares of Applied Materials in a report on Friday, November 14th. TD Cowen raised their target price on Applied Materials from $260.00 to $315.00 and gave the stock a “buy” rating in a research report on Thursday, December 4th. Bank of America raised Applied Materials from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $180.00 to $250.00 in a report on Monday, October 13th. Cfra Research raised Applied Materials to a “hold” rating in a research note on Friday, August 15th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $260.00 price objective on shares of Applied Materials in a research note on Friday, November 14th. 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 stock presently has an average rating of “Moderate Buy” and an average target price of $234.74.

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.