Jacobi Capital Management LLC Buys 1,944 Shares of Applied Materials, Inc. $AMAT

Jacobi Capital Management LLC lifted its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 8.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,077 shares of the manufacturing equipment provider’s stock after purchasing an additional 1,944 shares during the period. Jacobi Capital Management LLC’s holdings in Applied Materials were worth $5,134,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Marquette Asset Management LLC raised its position in shares of Applied Materials by 150.0% during the 3rd quarter. Marquette Asset Management LLC now owns 125 shares of the manufacturing equipment provider’s stock valued at $26,000 after acquiring an additional 75 shares during the last quarter. Financial Gravity Companies Inc. bought a new stake in Applied Materials in the second quarter valued at about $31,000. Manning & Napier Advisors LLC bought a new stake in Applied Materials in the third quarter valued at about $31,000. Howard Hughes Medical Institute acquired a new position in Applied Materials in the second quarter valued at about $32,000. Finally, Total Investment Management Inc. bought a new position in Applied Materials during the second quarter worth about $33,000. Institutional investors and hedge funds own 80.56% of the company’s stock.

Applied Materials Stock Performance

Shares of NASDAQ AMAT opened at $359.13 on Wednesday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.94 and a current ratio of 2.71. The stock has a 50 day moving average price of $298.78 and a 200 day moving average price of $239.54. The stock has a market capitalization of $285.05 billion, a PE ratio of 36.76, a price-to-earnings-growth ratio of 3.13 and a beta of 1.70. Applied Materials, Inc. has a 52 week low of $123.74 and a 52 week high of $376.32.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings data on Thursday, February 12th. The manufacturing equipment provider reported $2.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.21 by $0.17. The company had revenue of $7.01 billion for 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%.The business’s revenue was down 2.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.38 EPS. Applied Materials has set its Q2 2026 guidance at 2.440-2.840 EPS. Analysts predict that Applied Materials, Inc. will post 9.38 earnings per share for the current fiscal year.

Applied Materials Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders 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 (DPR) is currently 18.83%.

Insider Transactions at Applied Materials

In other news, SVP Teri A. Little sold 4,000 shares of Applied Materials stock in a transaction dated 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 transaction, the senior vice president owned 84,351 shares of the company’s stock, valued at $20,095,782.24. This trade represents a 4.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Adam Sanders sold 609 shares of the company’s stock in a transaction dated 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 directly owned 4,413 shares in the company, valued at approximately $1,127,653.89. The trade was a 12.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.30% of the company’s stock.

Applied Materials News Roundup

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

• Positive Sentiment: Q4 / fiscal Q1 results beat expectations and management gave aggressive forward guidance (CEO projected ~20% calendar‑year revenue growth and raised Q2 outlook), which sparked the rally. Read More.
• Positive Sentiment: Several firms bumped up price targets and ratings after the results — notable raises reported (Needham and others), backing upside to current consensus and supporting further upside momentum. Read More.
• Positive Sentiment: Analysts are increasingly framing AMAT as a primary beneficiary of the AI-driven “Giga‑cycle”; TD Cowen and other shops have raised targets (e.g., Cowen to ~$450), reinforcing buy‑side conviction. Read More.
• Neutral Sentiment: Broader industry coverage highlights AMAT’s leadership among equipment suppliers in the current multi‑year chip investment wave — a positive thematic tailwind but already largely priced into many forecasts. Read More.
• Neutral Sentiment: Management scheduled investor conference appearances/fireside chats — useful for additional color on demand and margin trajectory but not an immediate catalyst on its own. Read More.
• Neutral Sentiment: Published short‑interest reports show anomalous “0 shares / NaN” figures for mid‑February — appears to be a data error and does not indicate a meaningful short squeeze. Investors should rely on standard data sources for positioning metrics. (data entries)

Analyst Upgrades and Downgrades

AMAT has been the topic of several analyst reports. Citigroup increased their target price on shares of Applied Materials from $400.00 to $420.00 and gave the stock a “buy” rating in a report on Friday, February 13th. KeyCorp raised their price objective on Applied Materials from $380.00 to $450.00 and gave the stock an “overweight” rating in a research note on Friday. B. Riley Financial reiterated a “buy” rating and set a $450.00 target price (up from $400.00) on shares of Applied Materials in a report on Friday, February 13th. Evercore restated an “outperform” rating and issued a $290.00 price target on shares of Applied Materials in a report on Friday, November 14th. Finally, Mizuho lifted their price objective on Applied Materials from $370.00 to $410.00 and gave the company an “outperform” rating in a report on Friday, February 13th. Twenty-seven investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, Applied Materials currently has an average rating of “Moderate Buy” and an average price target of $363.04.

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.