Applied Materials, Inc. $AMAT Shares Sold by Diversified Trust Co

Diversified Trust Co trimmed its holdings in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 8.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 35,753 shares of the manufacturing equipment provider’s stock after selling 3,278 shares during the period. Diversified Trust Co’s holdings in Applied Materials were worth $7,320,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. State Street Corp lifted its position in Applied Materials by 1.0% during the second quarter. State Street Corp now owns 38,920,984 shares of the manufacturing equipment provider’s stock valued at $7,125,265,000 after purchasing an additional 391,540 shares during the period. Geode Capital Management LLC raised its stake in shares of Applied Materials by 2.0% during the 2nd quarter. Geode Capital Management LLC now owns 21,026,363 shares of the manufacturing equipment provider’s stock valued at $3,836,807,000 after buying an additional 407,282 shares during the last quarter. Alliancebernstein L.P. lifted its holdings in shares of Applied Materials by 72.5% in the 2nd quarter. Alliancebernstein L.P. now owns 13,564,120 shares of the manufacturing equipment provider’s stock valued at $2,483,183,000 after buying an additional 5,700,349 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of Applied Materials by 13.7% in the second quarter. Ameriprise Financial Inc. now owns 8,936,363 shares of the manufacturing equipment provider’s stock worth $1,635,992,000 after buying an additional 1,075,525 shares during the last quarter. Finally, Norges Bank acquired a new stake in Applied Materials during the second quarter worth about $1,604,002,000. 80.56% of the stock is owned by hedge funds and other institutional investors.

Applied Materials Trading Up 0.4%

Shares of Applied Materials stock opened at $263.05 on Tuesday. The company has a current ratio of 2.61, a quick ratio of 1.87 and a debt-to-equity ratio of 0.32. Applied Materials, Inc. has a twelve month low of $123.74 and a twelve month high of $276.10. The firm has a market capitalization of $208.58 billion, a PE ratio of 30.31, a P/E/G ratio of 2.71 and a beta of 1.67. The firm’s 50-day moving average price is $244.97 and its 200 day moving average price is $207.19.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings data on Thursday, November 13th. The manufacturing equipment provider reported $2.17 EPS for the quarter, topping 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%.Applied Materials’s quarterly revenue was down 3.5% on a year-over-year basis. During the same period in the previous year, the business earned $2.32 EPS. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. On average, sell-side analysts predict that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Applied Materials Dividend Announcement

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 paid a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, February 19th. Applied Materials’s payout ratio is 21.20%.

Analyst Ratings Changes

Several equities research analysts have commented on AMAT shares. Citigroup upped their price objective on Applied Materials from $205.00 to $250.00 and gave the stock a “buy” rating in a research report on Friday, November 14th. DZ Bank raised shares of Applied Materials from a “strong sell” rating to a “hold” rating in a report on Friday, November 14th. Cowen restated a “buy” rating on shares of Applied Materials in a research report on Thursday, December 4th. Needham & Company LLC reaffirmed a “buy” rating and issued a $260.00 price objective on shares of Applied Materials in a report on Friday, November 14th. Finally, Evercore ISI reissued an “outperform” rating and set a $290.00 target price on shares of Applied Materials in a research note on Friday, November 14th. Twenty research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $246.78.

Insider Buying and Selling at Applied Materials

In other news, CAO Adam Sanders sold 609 shares of the company’s stock in a transaction on Monday, December 1st. The shares were 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 owned 4,413 shares of the company’s stock, valued at $1,127,653.89. This represents a 12.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Teri A. Little sold 4,000 shares of the firm’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 completion of the transaction, the senior vice president directly owned 84,351 shares in the company, valued at approximately $20,095,782.24. This represents a 4.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 8,609 shares of company stock worth $2,044,898. 0.24% of the stock is currently owned by corporate insiders.

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.