Broderick Brian C Increases Holdings in Applied Materials, Inc. $AMAT

Broderick Brian C lifted its holdings in Applied Materials, Inc. (NASDAQ:AMAT) by 32.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,247 shares of the manufacturing equipment provider’s stock after acquiring an additional 5,166 shares during the period. Applied Materials accounts for approximately 1.3% of Broderick Brian C’s holdings, making the stock its 28th biggest holding. Broderick Brian C’s holdings in Applied Materials were worth $7,262,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. SEB Asset Management AB purchased a new position in shares of Applied Materials in the 1st quarter worth approximately $175,037,000. Swiss National Bank raised its holdings in Applied Materials by 6.6% during the 1st quarter. Swiss National Bank now owns 2,327,100 shares of the manufacturing equipment provider’s stock valued at $795,380,000 after buying an additional 144,100 shares during the period. World Equity Group Inc. raised its holdings in Applied Materials by 15.9% during the 1st quarter. World Equity Group Inc. now owns 1,853 shares of the manufacturing equipment provider’s stock valued at $633,000 after buying an additional 254 shares during the period. Hanseatic Management Services Inc. bought a new stake in Applied Materials in the first quarter worth $1,525,000. Finally, AIA Group Ltd bought a new stake in Applied Materials in the first quarter worth $12,551,000. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Key Headlines Impacting Applied Materials

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

• Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 earnings estimates for Applied Materials and reiterated a Buy rating, signaling confidence in the company’s growth outlook and AI-driven demand.
• Positive Sentiment: Applied Materials CEO comments reinforcing the AI investment thesis may help support longer-term sentiment around the stock. Article link
• Neutral Sentiment: Zacks noted that AMAT has been drawing increased attention from investors, but the piece was mainly a stock-screening update rather than a new fundamental catalyst. Article link
• Neutral Sentiment: Recent commentary suggested Applied Materials may be trading above fair value after a strong multi-year run, which could limit upside even if earnings remain solid. Article link
• Negative Sentiment: A broad semiconductor selloff is pressuring AMAT along with peers like AMD and Intel, as the market rotates out of chip stocks and into other areas. Article link

Applied Materials Price Performance

AMAT opened at $529.66 on Monday. The business has a fifty day moving average of $533.12 and a 200 day moving average of $414.11. Applied Materials, Inc. has a 52-week low of $154.46 and a 52-week high of $739.67. The company has a quick ratio of 1.80, a current ratio of 2.51 and a debt-to-equity ratio of 0.22. The stock has a market cap of $420.53 billion, a P/E ratio of 49.73, a PEG ratio of 1.35 and a beta of 1.57.

Applied Materials (NASDAQ:AMAT) last announced its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 EPS for the quarter, beating the consensus estimate of $2.68 by $0.18. Applied Materials had a return on equity of 36.97% and a net margin of 29.31%.The company had revenue of $7.91 billion for the quarter, compared to the consensus estimate of $7.68 billion. During the same quarter in the prior year, the company posted $2.39 EPS. Applied Materials’s quarterly revenue was up 11.4% on a year-over-year basis. Applied Materials has set its Q3 2026 guidance at 3.160-3.560 EPS. As a group, sell-side analysts anticipate that Applied Materials, Inc. will post 12.14 EPS for the current year.

Applied Materials Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 20th will be issued a $0.53 dividend. The ex-dividend date is Thursday, August 20th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.4%. Applied Materials’s dividend payout ratio is presently 19.91%.

Insider Buying and Selling

In related news, CEO Gary E. Dickerson sold 71,727 shares of Applied Materials stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $593.75, for a total transaction of $42,587,906.25. Following the completion of the sale, the chief executive officer owned 1,695,164 shares in the company, valued at $1,006,503,625. This trade represents a 4.06% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Omkaram Nalamasu sold 24,263 shares of Applied Materials stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $593.43, for a total transaction of $14,398,392.09. Following the sale, the senior vice president owned 146,916 shares of the company’s stock, valued at $87,184,361.88. The trade was a 14.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 278,088 shares of company stock worth $169,654,805 over the last ninety days. 0.30% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have commented on AMAT shares. Morgan Stanley lifted their price objective on shares of Applied Materials from $502.00 to $647.00 and gave the stock an “equal weight” rating in a research note on Monday, July 6th. Wells Fargo & Company increased their target price on shares of Applied Materials from $715.00 to $740.00 and gave the company an “overweight” rating in a research note on Friday, June 26th. Wall Street Zen upgraded shares of Applied Materials from a “hold” rating to a “buy” rating in a report on Saturday, May 23rd. Mizuho lifted their price target on shares of Applied Materials from $540.00 to $650.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 8th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Applied Materials in a report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $593.84.

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.