Glenmede Investment Management LP Has $112.44 Million Stock Position in Applied Materials, Inc. $AMAT

Glenmede Investment Management LP lessened its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 2.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 549,199 shares of the manufacturing equipment provider’s stock after selling 12,271 shares during the period. Glenmede Investment Management LP owned about 0.07% of Applied Materials worth $112,443,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Pathstone Holdings LLC boosted its holdings in shares of Applied Materials by 3.0% in the third quarter. Pathstone Holdings LLC now owns 139,015 shares of the manufacturing equipment provider’s stock worth $28,462,000 after buying an additional 4,008 shares during the period. Guardian Investment Management raised its holdings in shares of Applied Materials by 8.8% during the third quarter. Guardian Investment Management now owns 5,275 shares of the manufacturing equipment provider’s stock valued at $1,080,000 after acquiring an additional 425 shares during the period. Legacy Advisors LLC purchased a new stake in shares of Applied Materials in the 3rd quarter valued at approximately $704,000. GeoWealth Management LLC boosted its stake in Applied Materials by 105.6% in the 3rd quarter. GeoWealth Management LLC now owns 13,689 shares of the manufacturing equipment provider’s stock worth $2,803,000 after purchasing an additional 7,032 shares during the period. Finally, Consolidated Capital Management LLC acquired a new position in Applied Materials in the 3rd quarter worth approximately $205,000. 80.56% of the stock is owned by hedge funds and other institutional investors.

Applied Materials Trading Up 1.3%

Applied Materials stock opened at $341.53 on Friday. Applied Materials, Inc. has a 12 month low of $123.74 and a 12 month high of $395.95. The company has a quick ratio of 1.94, a current ratio of 2.71 and a debt-to-equity ratio of 0.30. The stock has a market cap of $271.04 billion, a P/E ratio of 34.96, a P/E/G ratio of 1.52 and a beta of 1.65. The company’s fifty day simple moving average is $334.48 and its 200-day simple moving average is $261.80.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings data on Thursday, February 12th. The manufacturing equipment provider reported $2.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.21 by $0.17. Applied Materials had a return on equity of 37.52% and a net margin of 27.78%.The firm had revenue of $7.01 billion during the quarter, compared to analysts’ expectations of $6.88 billion. During the same quarter last year, the firm earned $2.38 earnings per share. The business’s revenue for the quarter was down 2.1% on a year-over-year basis. Applied Materials has set its Q2 2026 guidance at 2.440-2.840 EPS. As a group, sell-side analysts forecast that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Applied Materials Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Thursday, May 21st will be issued a dividend of $0.53 per share. The ex-dividend date is Thursday, May 21st. This represents a $2.12 annualized dividend and a dividend yield of 0.6%. This is a positive change from Applied Materials’s previous quarterly dividend of $0.46. Applied Materials’s dividend payout ratio is presently 18.83%.

Insider Activity

In related news, CAO Adam Sanders sold 534 shares of the stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $379.16, for a total value of $202,471.44. Following the transaction, the chief accounting officer owned 4,625 shares in the company, valued at approximately $1,753,615. This represents a 10.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Judy Bruner sold 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $391.71, for a total transaction of $979,275.00. Following the transaction, the director directly owned 26,089 shares in the company, valued at approximately $10,219,322.19. The trade was a 8.74% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 12,003 shares of company stock worth $4,484,189 in the last three months. 0.30% of the stock is owned by insiders.

Key Headlines Impacting Applied Materials

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

• Positive Sentiment: Board-approved 15% increase to the quarterly cash dividend (from $0.46 to $0.53), marking nine consecutive years of raises — signals strong free-cash-flow generation and makes the stock more attractive to income and dividend-growth investors. Article Title
• Positive Sentiment: Planned addition to the S&P 100 (effective March 23) — likely to create incremental buying from index-tracking funds ahead of the effective date. Article Title
• Positive Sentiment: New/strengthened customer R&D partnerships focused on AI memory (long-term R&D tie-up with SK hynix and collaboration with Micron on memory) — supports durable equipment demand for next‑gen DRAM/HBM and AI accelerators. Article Title
• Positive Sentiment: Broader market positioning toward semiconductors/AI: hedge funds and money managers are overweighting semiconductor-capital-equipment names (including AMAT) as AI capex remains a dominant 2026 trade theme. That institutional buying is supporting AMAT multiple and flows. Article Title
• Positive Sentiment: Recent analyst attention and elevated price targets (median ~$415; multiple firms on “Buy/Overweight”) — helps underpin sentiment and provides buying interest on pullbacks. Article Title
• Neutral Sentiment: Elevated retail and search interest reported by Zacks — signals attention but not directionally predictive by itself. Article Title
• Neutral Sentiment: Takeover/industry M&A chatter (e.g., interest around BE Semiconductor Industries involving Lam and Applied) can boost sentiment but is speculative. Article Title
• Negative Sentiment: Macro risk: recent oil/ geopolitical-driven moves hit some chip names (Nvidia, Broadcom, Micron) — a spike in risk or higher energy prices can pressure tech cyclicals, including AMAT. Article Title
• Negative Sentiment: Notable insider sell activity and some institutional reallocations reported (large holders trimming in recent quarters) — could weigh on sentiment if selling persists. Article Title

Analysts Set New Price Targets

Several brokerages have issued reports on AMAT. Morgan Stanley boosted their target price on shares of Applied Materials from $420.00 to $432.00 and gave the company an “overweight” rating in a research note on Wednesday, February 25th. JPMorgan Chase & Co. raised their target price on Applied Materials from $220.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, November 14th. Zacks Research upgraded Applied Materials from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 17th. UBS Group set a $430.00 price target on Applied Materials in a research report on Friday, February 13th. Finally, Wells Fargo & Company increased their price objective on Applied Materials from $350.00 to $435.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $363.46.

About Applied Materials

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.