Corient Private Wealth LLC Trims Stock Position in Applied Materials, Inc. $AMAT

Corient Private Wealth LLC trimmed its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 1.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 358,838 shares of the manufacturing equipment provider’s stock after selling 4,322 shares during the period. Corient Private Wealth LLC’s holdings in Applied Materials were worth $65,692,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of AMAT. Shelton Wealth Management LLC lifted its holdings in Applied Materials by 1.5% in the second quarter. Shelton Wealth Management LLC now owns 3,398 shares of the manufacturing equipment provider’s stock worth $622,000 after buying an additional 51 shares during the period. Octavia Wealth Advisors LLC raised its position in shares of Applied Materials by 0.8% in the 2nd quarter. Octavia Wealth Advisors LLC now owns 6,200 shares of the manufacturing equipment provider’s stock worth $1,135,000 after acquiring an additional 51 shares in the last quarter. Narus Financial Partners LLC lifted its stake in shares of Applied Materials by 3.8% in the 2nd quarter. Narus Financial Partners LLC now owns 1,433 shares of the manufacturing equipment provider’s stock valued at $262,000 after purchasing an additional 52 shares during the period. AdvisorNet Financial Inc boosted its position in shares of Applied Materials by 2.7% during the second quarter. AdvisorNet Financial Inc now owns 1,958 shares of the manufacturing equipment provider’s stock valued at $358,000 after purchasing an additional 52 shares in the last quarter. Finally, Encompass Wealth Advisors LLC boosted its position in shares of Applied Materials by 3.4% during the second quarter. Encompass Wealth Advisors LLC now owns 1,601 shares of the manufacturing equipment provider’s stock valued at $293,000 after purchasing an additional 53 shares in the last quarter. Institutional investors own 80.56% of the company’s stock.

Applied Materials Stock Up 0.8%

NASDAQ:AMAT opened at $261.27 on Tuesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.87 and a current ratio of 2.61. The firm has a market cap of $208.14 billion, a P/E ratio of 30.10, a P/E/G ratio of 2.69 and a beta of 1.67. Applied Materials, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $276.10. The firm has a 50-day simple moving average of $237.43 and a two-hundred day simple moving average of $200.69.

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

Applied Materials Announces Dividend

The firm also recently announced 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. The ex-dividend date of this dividend is Thursday, February 19th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.7%. 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 business’s stock in a transaction on 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 transaction, the chief accounting officer owned 4,413 shares in the company, valued at $1,127,653.89. The trade was a 12.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Teri A. Little sold 4,000 shares of the stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $238.24, for a total value of $952,960.00. Following the sale, the senior vice president directly owned 84,351 shares in the company, valued at $20,095,782.24. This trade represents a 4.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 8,609 shares of company stock valued at $2,044,898. Corporate insiders own 0.24% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on AMAT shares. Cantor Fitzgerald reiterated an “overweight” rating and issued a $300.00 price objective on shares of Applied Materials in a report on Friday, November 14th. TD Cowen increased their price target on shares of Applied Materials from $260.00 to $315.00 and gave the stock a “buy” rating in a research note on Thursday, December 4th. KeyCorp lifted their price target on shares of Applied Materials from $240.00 to $285.00 and gave the company an “overweight” rating in a research report on Tuesday, December 2nd. BNP Paribas upgraded shares of Applied Materials to a “hold” rating in a report on Monday, November 17th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $260.00 target price 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 assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $242.15.

Applied Materials 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.