Denali Advisors LLC Sells 3,277 Shares of Applied Materials, Inc. $AMAT

Denali Advisors LLC lessened its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 41.9% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,548 shares of the manufacturing equipment provider’s stock after selling 3,277 shares during the period. Denali Advisors LLC’s holdings in Applied Materials were worth $931,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Tobam grew its position in Applied Materials by 27.5% during the 3rd quarter. Tobam now owns 687 shares of the manufacturing equipment provider’s stock worth $141,000 after acquiring an additional 148 shares during the last quarter. Eagle Wealth Strategies LLC acquired a new position in Applied Materials in the third quarter worth $204,000. Eagle Rock Investment Company LLC grew its holdings in shares of Applied Materials by 60.2% during the third quarter. Eagle Rock Investment Company LLC now owns 25,806 shares of the manufacturing equipment provider’s stock worth $5,284,000 after purchasing an additional 9,693 shares during the last quarter. Atticus Wealth Management LLC increased its stake in shares of Applied Materials by 12.5% in the third quarter. Atticus Wealth Management LLC now owns 4,404 shares of the manufacturing equipment provider’s stock valued at $902,000 after buying an additional 488 shares in the last quarter. Finally, Smithfield Trust Co increased its stake in shares of Applied Materials by 3.5% in the third quarter. Smithfield Trust Co now owns 22,400 shares of the manufacturing equipment provider’s stock valued at $4,582,000 after buying an additional 766 shares in the last quarter. Institutional investors own 80.56% of the company’s stock.

Applied Materials News Summary

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

• Positive Sentiment: Earnings beat and bullish market reaction — AMAT pushed to a new one‑year high after reporting quarterly results that topped estimates and prompted buying interest. Applied Materials (NASDAQ:AMAT) Hits New 1-Year High After Earnings Beat
• Positive Sentiment: Major analyst price-target increases — Cantor Fitzgerald raised its target to $470 (from $425), signaling higher modelled upside and boosting investor confidence. Applied Materials price target raised to $470 from $425 at Cantor Fitzgerald
• Positive Sentiment: Additional target raises — Needham and other outlets posted higher targets (e.g., Needham to $440), reinforcing the analyst momentum behind the stock. Applied Materials price target raised to $440 from $390 at Needham
• Positive Sentiment: Upgrades and buy reiterations — Several firms upgraded or reiterated buy calls (Summit Insights upgrade; B. Riley reiterated buy; RBC added a buy), adding analyst support to the rally. Applied Materials (NASDAQ:AMAT) Upgraded at Summit Insights Applied Materials’ (AMAT) Buy Rating Reiterated at B. Riley Securities Applied Materials (AMAT) Gets a Buy from RBC Capital
• Positive Sentiment: Regulatory/strategic clarity — Reports say AMAT cleared a U.S. probe and a refocused Samsung EPIC partnership, which reduces regulatory overhang and supports growth prospects. Applied Materials Clears US Probe As Samsung EPIC Partnership Refocuses Growth
• Positive Sentiment: Sector and thematic support — Industry pieces highlight AMAT as a key play on memory and AI-related capex, drawing thematic investor interest into memory/equipment names. Applied Materials Shows Why Memory Stocks Are the Next Big AI Buying Opportunity
• Neutral Sentiment: Mixed chip‑sector context — Coverage notes the semiconductor group is mixed (AMAT and TSMC up, NVDA and Intel down); AMAT’s strength may reflect stock‑specific drivers more than broad sector momentum. Chip Stocks Split: AMAT and TSMC Gain While NVDA and Intel Retreat
• Neutral Sentiment: Short-interest data appears erroneous — a February short‑interest entry shows zeros/NaN and provides no actionable signal; treat as unreliable until corrected.

Insider Activity

In other Applied Materials news, CAO Adam Sanders sold 609 shares of Applied Materials stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $255.53, for a total value 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. The trade was a 12.13% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Teri A. Little sold 4,000 shares of the business’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 sale, the senior vice president owned 84,351 shares of the company’s stock, valued at approximately $20,095,782.24. This trade represents a 4.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 8,609 shares of company stock worth $2,044,898. Insiders own 0.30% of the company’s stock.

Applied Materials Stock Up 8.1%

Shares of AMAT stock opened at $354.91 on Tuesday. Applied Materials, Inc. has a 12-month low of $123.74 and a 12-month high of $376.32. 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 firm has a fifty day moving average of $296.94 and a 200-day moving average of $238.28. The company has a market capitalization of $281.70 billion, a price-to-earnings ratio of 36.33, a P/E/G ratio of 3.13 and a beta of 1.70.

Applied Materials (NASDAQ:AMAT) last announced its earnings results 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 business had revenue of $7.01 billion for the quarter, compared to analyst estimates of $6.88 billion. During the same quarter last year, the firm earned $2.38 EPS. Applied Materials’s revenue for the quarter was down 2.1% compared to the same quarter last year. Applied Materials has set its Q2 2026 guidance at 2.440-2.840 EPS. As a group, equities research analysts predict that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Thursday, February 19th will be paid a $0.46 dividend. The ex-dividend date is Thursday, February 19th. This represents a $1.84 dividend on an annualized basis and a yield of 0.5%. Applied Materials’s dividend payout ratio is 18.83%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. KGI Securities upgraded shares of Applied Materials to an “outperform” rating and set a $425.00 price objective for the company in a research report on Friday. Evercore reissued an “outperform” rating and set a $290.00 price target on shares of Applied Materials in a research note on Friday, November 14th. Barclays reissued an “overweight” rating and issued a $450.00 price target on shares of Applied Materials in a report on Friday. Bank of America upped their price objective on Applied Materials from $300.00 to $350.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. Finally, Weiss Ratings upgraded Applied Materials from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, December 29th. Twenty-eight investment analysts have rated the stock with a Buy rating and six 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 target price of $361.03.

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.