CIBC Asset Management Inc Sells 2,410 Shares of Applied Materials, Inc. $AMAT

CIBC Asset Management Inc cut its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 0.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 348,961 shares of the manufacturing equipment provider’s stock after selling 2,410 shares during the quarter. CIBC Asset Management Inc’s holdings in Applied Materials were worth $71,400,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC raised its holdings in Applied Materials by 28.0% during the 4th quarter. Brighton Jones LLC now owns 12,674 shares of the manufacturing equipment provider’s stock worth $2,061,000 after purchasing an additional 2,771 shares during the last quarter. Sivia Capital Partners LLC increased its position in shares of Applied Materials by 26.7% during the second quarter. Sivia Capital Partners LLC now owns 3,225 shares of the manufacturing equipment provider’s stock worth $590,000 after buying an additional 679 shares during the period. Forefront Wealth Partners LLC bought a new position in Applied Materials during the second quarter worth $410,000. McAdam LLC bought a new position in Applied Materials during the second quarter worth $288,000. Finally, Dakota Wealth Management lifted its holdings in Applied Materials by 114.8% in the second quarter. Dakota Wealth Management now owns 12,194 shares of the manufacturing equipment provider’s stock valued at $2,232,000 after buying an additional 6,517 shares during the period. Institutional investors and hedge funds own 80.56% of the company’s stock.

Insider Activity at Applied Materials

In other Applied Materials news, SVP Teri A. Little sold 4,000 shares of the firm’s stock in a transaction on 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 directly owned 84,351 shares in the company, valued at approximately $20,095,782.24. This trade represents a 4.53% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Adam Sanders sold 609 shares of Applied Materials stock in a transaction on Monday, December 1st. The stock was sold at an average price of $255.53, for a total transaction of $155,617.77. Following the transaction, the chief accounting officer directly owned 4,413 shares in the company, valued at $1,127,653.89. This represents a 12.13% 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 owned by insiders.

Applied Materials Stock Performance

AMAT opened at $322.47 on Friday. Applied Materials, Inc. has a 1-year low of $123.74 and a 1-year high of $333.03. The company has a market cap of $255.70 billion, a price-to-earnings ratio of 37.15, a PEG ratio of 3.34 and a beta of 1.67. The company’s fifty day moving average price is $270.76 and its two-hundred day moving average price is $222.58. 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 (NASDAQ:AMAT) last posted its earnings results 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. Applied Materials had a net margin of 24.67% and a return on equity of 39.26%. The company had revenue of $6.80 billion during the quarter, compared to the consensus estimate of $6.68 billion. During the same period in the previous year, the firm posted $2.32 earnings per share. The firm’s revenue for the quarter was down 3.5% on a year-over-year basis. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. On average, analysts expect that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Applied Materials Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders 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 dividend yield of 0.6%. The ex-dividend date is Thursday, February 19th. Applied Materials’s dividend payout ratio (DPR) is currently 21.20%.

Key Headlines Impacting Applied Materials

Here are the key news stories impacting Applied Materials this week:

• Positive Sentiment: Multiple brokerages raised price targets and reiterated overweight/buy views — KeyBanc bumped its target to $380 citing DRAM-driven capacity growth and vertical scaling potential; Needham raised its target to $390. KeyBanc Raises Applied Materials (AMAT) Target to $380, Keeps Overweight Rating Needham & Company LLC Increases Applied Materials Price Target to $390.00
• Positive Sentiment: Shares reached an all‑time high intraday, reflecting strong momentum and demand for semiconductor equipment exposure. Applied Materials stock hits all-time high at $332.31 USD
• Positive Sentiment: Applied’s display segment is rebounding: Zacks notes Q4 display revenue jumped ~68% with stronger OLED and advanced systems demand — a potential multi‑year growth driver beyond chips. Can AMAT Lead the Display Market With Advanced OLED and AR/VR Push?
• Neutral Sentiment: Q1 2026 earnings call set for Feb. 12 — investors will focus on revenue guidance, memory demand trends, and China exposure. Applied Materials fiscal Q1 2026 earnings conference call details (company IR)
• Neutral Sentiment: Analyst coverage is broad and bullish overall (many Buy/Overweight ratings and a wide range of targets); median target noted in some aggregation is lower than the newest highs, highlighting dispersion in expectations. Applied Materials announces earnings call (QuiverQuant summary)
• Negative Sentiment: Valuation scrutiny after the rally — several write‑ups flag that shares have run up strongly and investors should reassess forward multiples and upside. Applied Materials (AMAT) Valuation Check After Strong Recent Share Price Gains
• Negative Sentiment: China exposure and recent revenue softness remain a risk: AMAT’s revenue was down ~3.5% YoY in the last quarter, and some industry comparisons note China‑facing headwinds that could limit near‑term upside. Which Semiconductor Equipment Stock Has More Upside in 2026? (MarketBeat)
• Negative Sentiment: At least one retail‑oriented column argues there’s a reason to sell vs. rotate into an alternative, highlighting the risk of buying late in a strong run. 1 Reason to Sell AMAT and 1 Stock to Buy Instead

Analyst Ratings Changes

A number of analysts have weighed in on AMAT shares. Bank of America lifted their price objective on Applied Materials from $300.00 to $350.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. The Goldman Sachs Group reiterated a “buy” rating and issued a $310.00 target price on shares of Applied Materials in a report on Friday, January 9th. B. Riley reissued a “buy” rating on shares of Applied Materials in a research note on Thursday, January 15th. Needham & Company LLC raised their price objective on shares of Applied Materials from $260.00 to $390.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, UBS Group upgraded shares of Applied Materials from a “neutral” rating to a “buy” rating and boosted their target price for the company from $250.00 to $285.00 in a research report on Tuesday, November 25th. Twenty-three analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $294.75.

Applied Materials Company 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.