Massachusetts Financial Services Co. MA Acquires 17,828 Shares of Applied Materials, Inc. $AMAT

15 Apr 2026, 10:36 by Michael Walen · The Markets Daily

Massachusetts Financial Services Co. MA grew its holdings in Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 7.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 262,983 shares of the manufacturing equipment provider’s stock after purchasing an additional 17,828 shares during the period. Massachusetts Financial Services Co. MA’s holdings in Applied Materials were worth $67,584,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Capital Research Global Investors increased its stake in shares of Applied Materials by 225.4% in the 3rd quarter. Capital Research Global Investors now owns 14,877,672 shares of the manufacturing equipment provider’s stock valued at $3,046,057,000 after purchasing an additional 10,305,182 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of Applied Materials by 40.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 12,520,114 shares of the manufacturing equipment provider’s stock valued at $2,563,376,000 after purchasing an additional 3,583,751 shares during the last quarter. Sanders Capital LLC increased its stake in shares of Applied Materials by 42.6% in the 3rd quarter. Sanders Capital LLC now owns 10,978,990 shares of the manufacturing equipment provider’s stock valued at $2,247,838,000 after purchasing an additional 3,280,730 shares during the last quarter. Van ECK Associates Corp grew its holdings in shares of Applied Materials by 19.0% during the 3rd quarter. Van ECK Associates Corp now owns 10,552,132 shares of the manufacturing equipment provider’s stock valued at $2,160,443,000 after purchasing an additional 1,681,911 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Applied Materials by 617.2% during the 3rd 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 valued at $1,869,170,000 after purchasing an additional 7,856,576 shares during the last quarter. Institutional investors own 80.56% of the company’s stock.

Applied Materials Trading Down 0.0%

Shares of NASDAQ AMAT opened at $395.64 on Wednesday. The firm has a 50 day moving average price of $354.75 and a two-hundred day moving average price of $291.92. The stock has a market cap of $313.98 billion, a P/E ratio of 40.50, a price-to-earnings-growth ratio of 1.76 and a beta of 1.64. Applied Materials, Inc. has a 52-week low of $132.80 and a 52-week high of $407.29. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.94 and a current ratio of 2.71.

Applied Materials (NASDAQ:AMAT – Get Free Report) last issued its quarterly earnings data on Thursday, February 12th. The manufacturing equipment provider reported $2.38 earnings per share for the quarter, topping the consensus estimate 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 net margin of 27.78% and a return on equity of 37.52%. Applied Materials’s revenue for the quarter was down 2.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.38 earnings per share. Applied Materials has set its Q2 2026 guidance at 2.440-2.840 EPS. As a group, equities analysts forecast that Applied Materials, Inc. will post 9.38 EPS for the current year.

Applied Materials Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Thursday, May 21st will be given a $0.53 dividend. This is a boost from Applied Materials’s previous quarterly dividend of $0.46. The ex-dividend date is Thursday, May 21st. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.5%. Applied Materials’s dividend payout ratio is presently 18.83%.

Insider Buying and Selling at Applied Materials

In other news, CFO Brice Hill sold 5,000 shares of the stock in a transaction dated 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 completion of the sale, the chief financial officer owned 138,565 shares of the company’s stock, valued at approximately $50,051,063.65. This represents a 3.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Judy Bruner sold 2,500 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $391.71, for a total value of $979,275.00. Following the transaction, the director owned 26,089 shares of the company’s stock, valued at $10,219,322.19. This trade represents a 8.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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.

Analyst Ratings Changes

Several equities research analysts recently issued reports on AMAT shares. Wells Fargo & Company lifted their price target on shares of Applied Materials from $350.00 to $435.00 and gave the company an “overweight” rating in a report on Friday, February 13th. TD Cowen lifted their price target on shares of Applied Materials from $315.00 to $450.00 and gave the company a “buy” rating in a report on Friday, February 13th. Royal Bank Of Canada set a $430.00 price target on shares of Applied Materials in a report on Friday, February 13th. Erste Group Bank raised shares of Applied Materials to a “hold” rating in a report on Tuesday, March 24th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $450.00 price objective on shares of Applied Materials in a research report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Applied Materials currently has a consensus rating of “Moderate Buy” and a consensus target price of $368.29.

Check Out Our Latest Report on Applied Materials

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.