Delphi Management Inc. MA Has $1.37 Million Stake in Applied Materials, Inc. $AMAT

Delphi Management Inc. MA trimmed its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 34.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,340 shares of the manufacturing equipment provider’s stock after selling 2,781 shares during the period. Delphi Management Inc. MA’s holdings in Applied Materials were worth $1,372,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Grandfield & Dodd LLC lifted its holdings in Applied Materials by 6.9% during the 3rd 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 during the last quarter. First Trust Advisors LP increased its stake in Applied Materials by 4.9% during the 3rd quarter. First Trust Advisors LP now owns 3,101,772 shares of the manufacturing equipment provider’s stock worth $635,057,000 after acquiring an additional 145,050 shares during the period. Elo Mutual Pension Insurance Co raised its holdings in Applied Materials by 21.8% in the 3rd quarter. Elo Mutual Pension Insurance Co now owns 96,712 shares of the manufacturing equipment provider’s stock valued at $19,801,000 after acquiring an additional 17,288 shares in the last quarter. Canada Post Corp Registered Pension Plan raised its holdings in Applied Materials by 82.2% in the 3rd quarter. Canada Post Corp Registered Pension Plan now owns 26,893 shares of the manufacturing equipment provider’s stock valued at $5,512,000 after acquiring an additional 12,132 shares in the last quarter. Finally, Worth Asset Management LLC acquired a new position in Applied Materials in the 4th quarter valued at $1,531,000. 80.56% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on AMAT shares. DZ Bank raised Applied Materials to a “hold” rating in a report on Monday, February 16th. Royal Bank Of Canada set a $430.00 price objective on Applied Materials in a report on Friday, February 13th. Erste Group Bank raised Applied Materials to a “hold” rating in a report on Tuesday, March 24th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Applied Materials in a report on Friday, March 27th. Finally, B. Riley Financial reaffirmed a “buy” rating and issued a $450.00 price objective (up from $400.00) on shares of Applied Materials in a report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, Applied Materials presently has an average rating of “Moderate Buy” and a consensus price target of $363.46.

Insider Activity

In other news, CAO Adam Sanders sold 534 shares of Applied Materials stock in a transaction 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 trade represents a 10.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Brice Hill sold 5,000 shares of the business’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $361.21, for a total value of $1,806,050.00. Following the sale, the chief financial officer owned 138,565 shares in the company, valued at $50,051,063.65. This represents a 3.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 12,003 shares of company stock worth $4,484,189. Insiders own 0.30% of the company’s stock.

Applied Materials Trading Up 1.2%

Shares of AMAT opened at $352.62 on Tuesday. Applied Materials, Inc. has a 52-week low of $123.74 and a 52-week high of $395.95. The business’s fifty day moving average is $347.78 and its 200-day moving average is $283.95. 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 firm has a market cap of $279.84 billion, a price-to-earnings ratio of 36.09, a PEG ratio of 1.55 and a beta of 1.64.

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings results on Thursday, February 12th. The manufacturing equipment provider reported $2.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.21 by $0.17. Applied Materials had a return on equity of 37.52% and a net margin of 27.78%.The company had revenue of $7.01 billion for the quarter, compared to analyst estimates of $6.88 billion. During the same quarter last year, the company posted $2.38 EPS. The company’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. Equities analysts anticipate that Applied Materials, Inc. will post 9.38 EPS for the current fiscal year.

Applied Materials Increases Dividend

The firm 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 $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Thursday, May 21st. This is a positive change from Applied Materials’s previous quarterly dividend of $0.46. Applied Materials’s dividend payout ratio is 18.83%.

Applied Materials Company 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.