SVB Wealth LLC Buys 1,737 Shares of Applied Materials, Inc. $AMAT

SVB Wealth LLC increased its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 7.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,248 shares of the manufacturing equipment provider’s stock after buying an additional 1,737 shares during the period. SVB Wealth LLC’s holdings in Applied Materials were worth $4,964,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Marquette Asset Management LLC boosted its position in shares of Applied Materials by 150.0% during the third quarter. Marquette Asset Management LLC now owns 125 shares of the manufacturing equipment provider’s stock valued at $26,000 after purchasing an additional 75 shares in the last quarter. Financial Gravity Companies Inc. purchased a new position in Applied Materials during the second quarter valued at $31,000. Manning & Napier Advisors LLC bought a new stake in shares of Applied Materials during the 3rd quarter valued at $31,000. Howard Hughes Medical Institute purchased a new stake in shares of Applied Materials in the 2nd quarter worth about $32,000. Finally, Total Investment Management Inc. bought a new position in shares of Applied Materials in the 2nd quarter worth about $33,000. 80.56% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on AMAT shares. Susquehanna raised shares of Applied Materials from a “neutral” rating to a “positive” rating and boosted their price objective for the stock from $180.00 to $400.00 in a research note on Sunday, January 11th. Stifel Nicolaus lifted their target price on shares of Applied Materials from $250.00 to $340.00 and gave the company a “buy” rating in a report on Wednesday, January 14th. TD Cowen reissued a “buy” rating on shares of Applied Materials in a research report on Thursday, December 4th. Sanford C. Bernstein restated a “market perform” rating and issued a $325.00 price target on shares of Applied Materials in a research note on Monday, January 12th. Finally, Jefferies Financial Group lifted their price objective on Applied Materials from $260.00 to $360.00 and gave the company a “buy” rating in a research note on Monday, December 15th. Twenty-four analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, Applied Materials has an average rating of “Moderate Buy” and an average target price of $315.15.

Insider Buying and Selling at Applied Materials

In related news, SVP Teri A. Little sold 4,000 shares of Applied Materials 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. The trade was a 4.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Adam Sanders sold 609 shares of the firm’s stock in a transaction dated 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 directly owned 4,413 shares in the company, valued at $1,127,653.89. This trade represents a 12.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 8,609 shares of company stock valued at $2,044,898 over the last 90 days. 0.30% of the stock is currently owned by company insiders.

Applied Materials Stock Up 2.5%

Shares of Applied Materials stock opened at $330.57 on Tuesday. The company has a market cap of $262.38 billion, a price-to-earnings ratio of 38.08, a price-to-earnings-growth ratio of 2.86 and a beta of 1.70. The company’s 50 day moving average is $289.58 and its 200 day moving average is $232.84. Applied Materials, Inc. has a twelve month low of $123.74 and a twelve month high of $344.60. The company has a quick ratio of 1.87, a current ratio of 2.61 and a debt-to-equity ratio of 0.32.

Applied Materials (NASDAQ:AMAT) last posted its quarterly earnings data 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. 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 for the quarter, compared to the consensus estimate of $6.68 billion. During the same quarter last year, the firm posted $2.32 earnings per share. The firm’s revenue was down 3.5% compared to the same quarter last year. Applied Materials has set its Q1 2026 guidance at 1.980-2.380 EPS. Research analysts anticipate that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Thursday, February 19th will be paid a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Thursday, February 19th. Applied Materials’s dividend payout ratio is 21.20%.

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.