State of Michigan Retirement System Has $55.17 Million Stock Position in Applied Materials, Inc. $AMAT

State of Michigan Retirement System cut its position in Applied Materials, Inc. (NASDAQ:AMAT) by 1.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 269,455 shares of the manufacturing equipment provider’s stock after selling 3,900 shares during the period. State of Michigan Retirement System’s holdings in Applied Materials were worth $55,168,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. IFG Advisory LLC boosted its stake in Applied Materials by 1,008.1% during the 2nd quarter. IFG Advisory LLC now owns 36,156 shares of the manufacturing equipment provider’s stock worth $6,619,000 after acquiring an additional 32,893 shares during the last quarter. Grandfield & Dodd LLC boosted its position in shares of Applied Materials by 6.9% during the third quarter. Grandfield & Dodd LLC now owns 269,511 shares of the manufacturing equipment provider’s stock worth $55,180,000 after purchasing an additional 17,397 shares in the last quarter. Atlantic Union Bankshares Corp grew its holdings in shares of Applied Materials by 23.0% in the 2nd quarter. Atlantic Union Bankshares Corp now owns 12,643 shares of the manufacturing equipment provider’s stock valued at $2,315,000 after buying an additional 2,363 shares during the period. Sienna Gestion increased its position in shares of Applied Materials by 10.2% in the 2nd quarter. Sienna Gestion now owns 113,221 shares of the manufacturing equipment provider’s stock valued at $18,924,000 after buying an additional 10,468 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC raised its stake in Applied Materials by 31.8% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 145,277 shares of the manufacturing equipment provider’s stock worth $26,601,000 after buying an additional 35,012 shares during the period. Institutional investors and hedge funds own 80.56% of the company’s stock.

Insider Buying and Selling at Applied Materials

In related news, SVP Teri A. Little sold 4,000 shares of the business’s stock in a transaction on Tuesday, November 25th. The shares were 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Adam Sanders sold 609 shares of the stock in a transaction 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 of the company’s stock, valued at approximately $1,127,653.89. This represents a 12.13% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 8,609 shares of company stock valued at $2,044,898 over the last three months. 0.30% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on AMAT shares. UBS Group restated a “buy” rating and issued a $405.00 price target on shares of Applied Materials in a report on Monday. Royal Bank Of Canada assumed coverage on Applied Materials in a research note on Wednesday, January 14th. They set an “outperform” rating and a $385.00 target price for the company. Barclays raised shares of Applied Materials from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $250.00 to $360.00 in a research note on Thursday, January 15th. The Goldman Sachs Group restated a “buy” rating and set a $310.00 price objective on shares of Applied Materials in a report on Friday, January 9th. Finally, DZ Bank raised shares of Applied Materials from a “strong sell” rating to a “hold” rating in a research report on Friday, November 14th. Twenty-four analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $315.15.

Key Headlines Impacting Applied Materials

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

• Positive Sentiment: Citi raised its price target sharply to $400 (from $250) and reiterated a Buy ahead of earnings, signaling increased analyst confidence and likely supporting buying interest. Citi Jumps Applied Materials (AMAT) Target Ahead of Earnings
• Positive Sentiment: Pre-earnings research (Zacks) expects AMAT to beat estimates, highlighting the company’s revenue/earnings mix as favorable — a potential short-term catalyst that can lift the stock on an upside surprise. Applied Materials (AMAT) Expected to Beat Earnings Estimates
• Positive Sentiment: Zacks also flags AMAT as a strong momentum stock, which can attract momentum-driven flows into the shares ahead of a likely volatility event (earnings). Here’s Why Applied Materials (AMAT) is a Strong Momentum Stock
• Neutral Sentiment: An earnings release and investor event are scheduled for Feb. 12; this is the immediate catalyst and will drive intraday moves depending on results and guidance. Applied Materials (AMAT) to Release Earnings on Thursday
• Neutral Sentiment: Reported short-interest figures appear to be a data glitch (showing 0 shares and NaN changes), so there’s no clear short-covering signal from that dataset at present.
• Negative Sentiment: Recent coverage flagged a sharp pullback tied to export-control uncertainty despite robust AI-driven equipment demand — a reminder that geopolitical/export risks can quickly reverse sentiment if guidance or commentary raises red flags. Applied Materials (AMAT) Is Down 11.6% After AI-Driven Equipment Demand Meets Export-Control Uncertainty

Applied Materials Stock Up 6.1%

Shares of AMAT stock opened at $322.51 on Friday. The firm’s fifty day moving average price is $288.07 and its two-hundred day moving average price is $231.21. 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, Inc. has a 1 year low of $123.74 and a 1 year high of $344.60. The firm has a market capitalization of $255.98 billion, a P/E ratio of 37.16, a PEG ratio of 2.70 and a beta of 1.70.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings data on Thursday, November 13th. The manufacturing equipment provider reported $2.17 earnings per share for the quarter, beating the consensus estimate of $2.11 by $0.06. Applied Materials had a return on equity of 39.26% and a net margin of 24.67%.The company had revenue of $6.80 billion during the quarter, compared to analysts’ expectations of $6.68 billion. During the same quarter last year, the company earned $2.32 EPS. Applied Materials’s revenue for the quarter 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. On average, equities analysts predict that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Applied Materials Announces Dividend

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 issued a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, February 19th. Applied Materials’s dividend payout ratio is presently 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.