Generali Investments Towarzystwo Funduszy Inwestycyjnych Sells 3,300 Shares of Applied Materials, Inc. $AMAT

Generali Investments Towarzystwo Funduszy Inwestycyjnych decreased its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 12.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 23,350 shares of the manufacturing equipment provider’s stock after selling 3,300 shares during the quarter. Applied Materials accounts for about 2.5% of Generali Investments Towarzystwo Funduszy Inwestycyjnych’s holdings, making the stock its 10th largest holding. Generali Investments Towarzystwo Funduszy Inwestycyjnych’s holdings in Applied Materials were worth $4,781,000 as of its most recent SEC filing.

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

Applied Materials Stock Performance

NASDAQ AMAT opened at $319.46 on Tuesday. The stock’s fifty day moving average is $272.58 and its two-hundred day moving average is $223.62. The firm has a market capitalization of $253.31 billion, a P/E ratio of 36.80, a price-to-earnings-growth ratio of 3.34 and a beta of 1.67. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.87 and a current ratio of 2.61. Applied Materials, Inc. has a fifty-two week low of $123.74 and a fifty-two week high of $333.03.

Applied Materials (NASDAQ:AMAT) last issued its earnings results on Thursday, November 13th. The manufacturing equipment provider reported $2.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.11 by $0.06. The business had revenue of $6.80 billion during the quarter, compared to the consensus estimate 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 for the quarter was down 3.5% on a year-over-year basis. During the same period last year, the company earned $2.32 EPS. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. On average, research analysts anticipate that Applied Materials, Inc. will post 9.38 earnings per share for the current year.

Applied Materials Dividend Announcement

The company 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. This represents a $1.84 annualized dividend and a yield of 0.6%. The ex-dividend date is Thursday, February 19th. Applied Materials’s payout ratio is presently 21.20%.

Analyst Ratings Changes

A number of research analysts recently weighed in on AMAT shares. JPMorgan Chase & Co. raised their price target on shares of Applied Materials from $220.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday, November 14th. BNP Paribas Exane upgraded Applied Materials to a “hold” rating in a research report on Monday, November 17th. Deutsche Bank Aktiengesellschaft raised Applied Materials from a “hold” rating to a “buy” rating and lifted their price target for the stock from $275.00 to $390.00 in a research note on Friday. Needham & Company LLC increased their price objective on Applied Materials from $260.00 to $390.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. Finally, Evercore ISI restated an “outperform” rating and issued a $290.00 price objective on shares of Applied Materials in a report on Friday, November 14th. Twenty-three investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $294.75.

Insider Activity at Applied Materials

In other news, CAO Adam Sanders sold 609 shares of the firm’s stock in a transaction that occurred 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 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 Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Teri A. Little sold 4,000 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the senior vice president owned 84,351 shares in the company, valued at $20,095,782.24. This represents a 4.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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.

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.