Applied Materials, Inc. $AMAT Shares Purchased by Belpointe Asset Management LLC

Belpointe Asset Management LLC boosted its position in Applied Materials, Inc. (NASDAQ:AMAT) by 41.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,362 shares of the manufacturing equipment provider’s stock after buying an additional 1,850 shares during the period. Belpointe Asset Management LLC’s holdings in Applied Materials were worth $1,635,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Capital Research Global Investors lifted its position in Applied Materials by 225.4% in the third quarter. Capital Research Global Investors now owns 14,877,672 shares of the manufacturing equipment provider’s stock valued at $3,046,057,000 after purchasing an additional 10,305,182 shares during the period. Ameriprise Financial Inc. increased its position in Applied Materials by 40.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 12,520,114 shares of the manufacturing equipment provider’s stock worth $2,563,376,000 after purchasing an additional 3,583,751 shares during the period. Sanders Capital LLC raised its stake in shares of Applied Materials by 42.6% during the 3rd quarter. Sanders Capital LLC now owns 10,978,990 shares of the manufacturing equipment provider’s stock worth $2,247,838,000 after buying an additional 3,280,730 shares in the last quarter. Van ECK Associates Corp raised its stake in shares of Applied Materials by 19.0% during the 3rd quarter. Van ECK Associates Corp now owns 10,552,132 shares of the manufacturing equipment provider’s stock worth $2,160,443,000 after buying an additional 1,681,911 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Applied Materials by 617.2% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,129,483 shares of the manufacturing equipment provider’s stock valued at $1,869,170,000 after buying an additional 7,856,576 shares during the period. 80.56% of the stock is owned by institutional investors and hedge funds.

Applied Materials Stock Performance

AMAT opened at $394.33 on Wednesday. Applied Materials, Inc. has a 1-year low of $136.32 and a 1-year high of $407.29. The stock has a market cap of $312.94 billion, a P/E ratio of 40.36, a P/E/G ratio of 1.75 and a beta of 1.64. The stock’s 50 day simple moving average is $362.41 and its 200 day simple moving average is $298.25. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.71 and a quick ratio of 1.94.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings data on Thursday, February 12th. The manufacturing equipment provider reported $2.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.21 by $0.17. The firm had revenue of $7.01 billion during the quarter, compared to analysts’ expectations of $6.88 billion. Applied Materials had a return on equity of 37.52% and a net margin of 27.78%.Applied Materials’s revenue was down 2.1% on a year-over-year basis. During the same period in the previous year, the firm posted $2.38 earnings per share. Applied Materials has set its Q2 2026 guidance at 2.440-2.840 EPS. As a group, equities analysts anticipate that Applied Materials, Inc. will post 11.1 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 paid a dividend of $0.53 per share. This is a boost from Applied Materials’s previous quarterly dividend of $0.46. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $2.12 annualized dividend and a dividend yield of 0.5%. Applied Materials’s dividend payout ratio is presently 18.83%.

Insider Buying and Selling

In related news, Director Judy Bruner sold 2,500 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $391.71, for a total value of $979,275.00. Following the sale, the director directly owned 26,089 shares in the company, valued at $10,219,322.19. The trade was a 8.74% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Adam Sanders sold 534 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $379.16, for a total transaction of $202,471.44. Following the completion of the sale, the chief accounting officer directly owned 4,625 shares in the company, valued at approximately $1,753,615. The trade was a 10.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 12,003 shares of company stock worth $4,484,189 in the last three months. Corporate insiders own 0.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. Summit Insights upgraded Applied Materials from a “hold” rating to a “buy” rating in a research note on Friday, February 13th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Applied Materials in a research report on Friday, March 27th. KeyCorp raised their target price on Applied Materials from $380.00 to $450.00 and gave the company an “overweight” rating in a report on Friday, February 13th. Zacks Research upgraded shares of Applied Materials from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 17th. Finally, Wells Fargo & Company upped their price target on shares of 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 given a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Applied Materials has a consensus rating of “Moderate Buy” and an average price target of $368.29.

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.