Applied Materials, Inc. $AMAT Shares Purchased by UniSuper Management Pty Ltd

UniSuper Management Pty Ltd boosted its holdings in Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 23.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 458,395 shares of the manufacturing equipment provider’s stock after purchasing an additional 86,799 shares during the quarter. Applied Materials makes up about 0.7% of UniSuper Management Pty Ltd’s investment portfolio, making the stock its 21st largest holding. UniSuper Management Pty Ltd’s holdings in Applied Materials were worth $117,803,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Canopy Partners LLC boosted its holdings in Applied Materials by 7.5% in the fourth quarter. Canopy Partners LLC now owns 2,756 shares of the manufacturing equipment provider’s stock worth $708,000 after purchasing an additional 193 shares during the period. IFM Investors Pty Ltd boosted its holdings in Applied Materials by 0.8% in the fourth quarter. IFM Investors Pty Ltd now owns 160,660 shares of the manufacturing equipment provider’s stock worth $41,288,000 after purchasing an additional 1,219 shares during the period. Graetz Wealth LLC acquired a new position in Applied Materials in the fourth quarter worth $428,000. Wescott Financial Advisory Group LLC acquired a new position in Applied Materials in the fourth quarter worth $244,000. Finally, SmartHarvest Portfolios LLC acquired a new position in Applied Materials in the fourth quarter worth $838,000. Institutional investors and hedge funds own 80.56% of the company’s stock.

More Applied Materials News

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

• Positive Sentiment: Cantor Fitzgerald raised its price target on Applied Materials, adding to the bullish analyst backdrop and helping reinforce the stock’s upside momentum. Top 5 Strong Buy Stocks to Invest In
• Positive Sentiment: Barclays reiterated an Overweight rating on Applied Materials, citing continued investment in new chip supply and AI infrastructure demand. Applied Materials and KLA Are Surging. Why You Should Buy the Stocks, Says This Analyst.
• Positive Sentiment: Applied Materials is being highlighted as a key beneficiary of high-bandwidth memory and broader AI hardware spending, which supports long-term semiconductor equipment demand. Applied Materials (AMAT) Is One Of the Best High-Bandwidth Memory Stocks To Buy
• Positive Sentiment: The company’s new $500 million Singapore manufacturing expansion is being viewed as a strategic move to support AI chip demand and expand capacity for future growth. Applied Materials Expands Singapore Manufacturing to Support AI Chip Demand

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. HSBC assumed coverage on Applied Materials in a research note on Friday, May 8th. They issued a “buy” rating and a $517.00 target price on the stock. Summit Insights upgraded Applied Materials from a “hold” rating to a “buy” rating in a research note on Friday, February 13th. Wall Street Zen upgraded Applied Materials from a “hold” rating to a “buy” rating in a research note on Saturday, May 23rd. Needham & Company LLC raised their target price on Applied Materials from $440.00 to $530.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Applied Materials in a research note on Friday, March 27th. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $483.03.

View Our Latest Research Report on AMAT

Insider Activity at Applied Materials

In related news, Director Judy Bruner sold 1,128 shares of Applied Materials stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $450.00, for a total transaction of $507,600.00. Following the sale, the director directly owned 26,544 shares in the company, valued at $11,944,800. The trade was a 4.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Prabu G. Raja sold 50,000 shares of Applied Materials stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $505.28, for a total transaction of $25,264,000.00. Following the sale, the insider owned 356,642 shares in the company, valued at approximately $180,204,069.76. This represents a 12.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 53,896 shares of company stock valued at $27,135,121 in the last ninety days. Company insiders own 0.30% of the company’s stock.

Applied Materials Price Performance

Shares of NASDAQ AMAT opened at $552.64 on Friday. Applied Materials, Inc. has a fifty-two week low of $154.46 and a fifty-two week high of $557.62. The firm’s 50-day simple moving average is $422.95 and its 200 day simple moving average is $351.11. 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 $438.77 billion, a P/E ratio of 51.89, a P/E/G ratio of 1.39 and a beta of 1.67.

Applied Materials (NASDAQ:AMAT – Get Free Report) last issued its quarterly earnings data on Thursday, May 14th. The manufacturing equipment provider reported $2.86 earnings per share for the quarter, beating analysts’ consensus estimates of $2.68 by $0.18. Applied Materials had a net margin of 29.31% and a return on equity of 36.97%. The business had revenue of $7.91 billion for the quarter, compared to analysts’ expectations of $7.68 billion. During the same period in the previous year, the business earned $2.39 earnings per share. The company’s 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. Equities analysts expect that Applied Materials, Inc. will post 12.02 EPS for the current year.

Applied Materials Announces Dividend

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

Applied Materials Company Profile

(Free Report)

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.

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