Applied Materials, Inc. $AMAT Shares Sold by Boomfish Wealth Group LLC

Boomfish Wealth Group LLC lowered its stake in shares of Applied Materials, Inc. (NASDAQ:AMAT) by 11.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,217 shares of the manufacturing equipment provider’s stock after selling 2,050 shares during the quarter. Applied Materials makes up about 2.1% of Boomfish Wealth Group LLC’s investment portfolio, making the stock its 10th largest holding. Boomfish Wealth Group LLC’s holdings in Applied Materials were worth $3,911,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in AMAT. Capital Research Global Investors grew its position in shares of Applied Materials by 225.4% during the third quarter. Capital Research Global Investors now owns 14,877,672 shares of the manufacturing equipment provider’s stock worth $3,046,057,000 after buying an additional 10,305,182 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Applied Materials by 617.2% during the third 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 worth $1,869,170,000 after buying an additional 7,856,576 shares in the last quarter. Alliancebernstein L.P. grew its position in shares of Applied Materials by 72.5% during the second quarter. Alliancebernstein L.P. now owns 13,564,120 shares of the manufacturing equipment provider’s stock worth $2,483,183,000 after buying an additional 5,700,349 shares in the last quarter. Ameriprise Financial Inc. grew its position in shares of Applied Materials by 40.1% during the third quarter. Ameriprise Financial Inc. now owns 12,520,114 shares of the manufacturing equipment provider’s stock worth $2,563,376,000 after buying an additional 3,583,751 shares in the last quarter. Finally, Coatue Management LLC acquired a new stake in shares of Applied Materials during the third quarter worth approximately $685,684,000. Institutional investors and hedge funds own 80.56% of the company’s stock.

Insider Buying and Selling at Applied Materials

In other Applied Materials news, CAO Adam Sanders sold 534 shares of the firm’s 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 sale, the chief accounting officer directly owned 4,625 shares in the company, valued at approximately $1,753,615. This trade represents a 10.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Judy Bruner sold 2,500 shares of the firm’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $391.71, for a total value of $979,275.00. Following the completion of the sale, the director owned 26,089 shares in the company, valued at $10,219,322.19. The trade was a 8.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 12,003 shares of company stock worth $4,484,189. 0.30% of the stock is owned by insiders.

Applied Materials News Roundup

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

• Positive Sentiment: Cantor Fitzgerald reiterated an Overweight rating and lifted its price target on AMAT from $470 to $500, increasing street confidence in AMAT’s upside and supporting buy-side flows. Cantor Fitzgerald Reaffirms Overweight Rating for Applied Materials (AMAT)
• Positive Sentiment: Macro/industry pieces highlight AMAT as one of the top AI-infrastructure plays (a “pick-and-shovel” beneficiary) alongside peers like Lam and Micron, reinforcing the narrative that sustained AI chip ramping supports WFE revenues. Forget NVIDIA: 2 AI Stocks Poised to Be Next Big Winners
• Neutral Sentiment: ASML’s expanding installed‑base/service business and continued EUV-driven upgrades signal broader capital intensity in the equipment ecosystem—a supportive backdrop for AMAT but not a direct company-specific catalyst. ASML’s Installed Base Business Gains Traction: What’s Ahead?
• Neutral Sentiment: Zacks and other market roundups note rising investor attention on AMAT; that increases liquidity and interest but is informational rather than fundamental news. Applied Materials, Inc. (AMAT) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: General market caution articles about momentum stocks warn that rapid rallies in semiconductor names can see sharp pullbacks—this raises short‑term valuation risk for highly rated equipment stocks like AMAT. How to Trade a Stock That Just Doubled

Applied Materials Stock Performance

AMAT stock opened at $354.31 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 market capitalization of $281.18 billion, a price-to-earnings ratio of 36.27, a PEG ratio of 1.55 and a beta of 1.64. Applied Materials, Inc. has a 1 year low of $127.50 and a 1 year high of $395.95. The stock’s fifty day moving average is $348.22 and its two-hundred day moving average is $285.11.

Applied Materials (NASDAQ:AMAT) last posted 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. 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 firm’s quarterly revenue was down 2.1% compared to the same quarter last year. During the same period last year, the business posted $2.38 earnings per share. Applied Materials has set its Q2 2026 guidance at 2.440-2.840 EPS. On average, research analysts predict that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Thursday, May 21st will be paid a $0.53 dividend. The ex-dividend date is Thursday, May 21st. This is a positive change from Applied Materials’s previous quarterly dividend of $0.46. This represents a $2.12 dividend on an annualized basis and a yield of 0.6%. Applied Materials’s dividend payout ratio (DPR) is 21.70%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Cantor Fitzgerald reissued an “overweight” rating and set a $470.00 price target on shares of Applied Materials in a research report on Friday, February 13th. Citigroup raised their price target on shares of Applied Materials from $400.00 to $420.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Mizuho raised their price target on shares of Applied Materials from $370.00 to $410.00 and gave the stock an “outperform” rating in a research report on Friday, February 13th. The Goldman Sachs Group lifted their price objective on shares of Applied Materials from $310.00 to $390.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Finally, Bank of America lifted their price objective on shares of Applied Materials from $300.00 to $350.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $363.46.

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.