2,323 Shares in Applied Materials, Inc. $AMAT Bought by Grant Private Wealth Management Inc

Grant Private Wealth Management Inc acquired a new stake in Applied Materials, Inc. (NASDAQ:AMAT) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,323 shares of the manufacturing equipment provider’s stock, valued at approximately $476,000.

Other large investors also recently modified their holdings of the company. Maseco LLP purchased a new position in Applied Materials in the second quarter valued at about $30,000. Activest Wealth Management increased its holdings in Applied Materials by 5,325.0% during the 1st quarter. Activest Wealth Management now owns 217 shares of the manufacturing equipment provider’s stock worth $31,000 after purchasing an additional 213 shares during the last quarter. Financial Gravity Companies Inc. acquired a new position in shares of Applied Materials in the 2nd quarter valued at approximately $31,000. Howard Hughes Medical Institute acquired a new position in shares of Applied Materials in the 2nd quarter valued at approximately $32,000. Finally, Total Investment Management Inc. purchased a new position in shares of Applied Materials during the 2nd quarter valued at approximately $33,000. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Applied Materials Price Performance

AMAT opened at $258.84 on Wednesday. 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’s 50-day moving average price is $238.37 and its 200 day moving average price is $201.42. 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 market cap of $205.24 billion, a price-to-earnings ratio of 29.82, a price-to-earnings-growth ratio of 2.71 and a beta of 1.67.

Applied Materials (NASDAQ:AMAT) last posted its earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 EPS for the quarter, beating the consensus estimate of $2.11 by $0.06. The company had revenue of $6.80 billion during 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 business’s revenue was down 3.5% compared to the same quarter last year. During the same period in the prior year, the company earned $2.32 earnings per share. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. As a group, sell-side 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 announced a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Thursday, February 19th will be paid 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%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on AMAT. TD Cowen lifted 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. BNP Paribas raised shares of Applied Materials to a “hold” rating in a research report on Monday, November 17th. Wells Fargo & Company upped their target price on shares of Applied Materials from $255.00 to $290.00 and gave the company an “overweight” rating in a research note on Monday. Stifel Nicolaus lifted their price target on Applied Materials from $215.00 to $250.00 and gave the stock a “buy” rating in a research note on Tuesday, November 11th. Finally, Needham & Company LLC restated a “buy” rating and set a $260.00 price objective on shares of Applied Materials in a research note on Friday, November 14th. Twenty equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $244.00.

Insiders Place Their Bets

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

About Applied Materials

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.