Key Points
- Applied Materials CAO Adam Sanders sold 725 shares at an average price of $544.56, generating $394,806. The sale was made to cover tax obligations from vested equity awards, leaving him with 3,181 shares.
- Applied Materials reported quarterly EPS of $3.50 and revenue of $9.12 billion, surpassing analyst expectations, while revenue increased 24.8% year over year. The company provided fourth-quarter 2026 EPS guidance of $3.82–$4.22.
- Analysts maintain a broadly positive outlook, with the stock carrying a consensus “Moderate Buy” rating and a $640.20 target price. The company also declared a quarterly dividend of $0.53 per share, equal to a 0.4% annual yield.
Applied Materials, Inc. (NASDAQ:AMAT - Get Free Report) CAO Adam Sanders sold 725 shares of the business's stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $544.56, for a total transaction of $394,806.00. Following the transaction, the chief accounting officer owned 3,181 shares of the company's stock, valued at $1,732,245.36. This represents a 18.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Applied Materials Trading Up 0.4%
Shares of Applied Materials stock opened at $542.28 on Tuesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.79 and a current ratio of 2.42. Applied Materials, Inc. has a fifty-two week low of $203.40 and a fifty-two week high of $739.67. The firm has a 50-day simple moving average of $485.98 and a two-hundred day simple moving average of $478.15. The company has a market cap of $430.35 billion, a P/E ratio of 46.75, a price-to-earnings-growth ratio of 1.50 and a beta of 1.60.
Applied Materials (NASDAQ:AMAT - Get Free Report) last released its earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 EPS for the quarter, topping analysts' consensus estimates of $3.40 by $0.10. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The business had revenue of $9.12 billion during the quarter, compared to analysts' expectations of $8.99 billion. During the same quarter in the previous year, the company earned $2.48 earnings per share. The company's quarterly revenue was up 24.8% on a year-over-year basis. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. As a group, equities analysts predict that Applied Materials, Inc. will post 12.79 earnings per share for the current fiscal year.
Applied Materials Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Thursday, November 19th will be issued a dividend of $0.53 per share. The ex-dividend date is Thursday, November 19th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.4%. Applied Materials's dividend payout ratio is currently 18.28%.
Analyst Ratings Changes
A number of analysts recently weighed in on AMAT shares. Evercore upped their target price on shares of Applied Materials from $515.00 to $700.00 and gave the stock an "outperform" rating in a research note on Friday, June 26th. Stifel Nicolaus lifted their target price on shares of Applied Materials from $530.00 to $650.00 and gave the company a "buy" rating in a report on Friday, July 10th. Argus set a $600.00 price objective on Applied Materials and gave the stock a "buy" rating in a report on Tuesday, August 18th. Zacks Research raised Applied Materials from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, July 1st. Finally, Citigroup restated a "buy" rating and set a $710.00 target price (up from $550.00) on shares of Applied Materials in a report on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, Applied Materials presently has an average rating of "Moderate Buy" and a consensus target price of $640.20.
View Our Latest Stock Report on Applied Materials
Institutional Trading of Applied Materials
Institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. raised its position in Applied Materials by 1.6% in the second quarter. BlackRock Inc. now owns 80,212,518 shares of the manufacturing equipment provider's stock valued at $57,993,650,000 after purchasing an additional 1,237,685 shares during the period. State Street Corp grew its position in shares of Applied Materials by 85.4% during the second quarter. State Street Corp now owns 69,525,842 shares of the manufacturing equipment provider's stock worth $50,267,184,000 after buying an additional 32,018,892 shares in the last quarter. Capital Research Global Investors grew its holdings in Applied Materials by 119.8% during the 4th quarter. Capital Research Global Investors now owns 32,707,049 shares of the manufacturing equipment provider's stock worth $8,405,458,000 after acquiring an additional 17,829,377 shares in the last quarter. Amundi increased its holdings in Applied Materials by 19.0% in the second quarter. Amundi now owns 7,808,207 shares of the manufacturing equipment provider's stock valued at $5,645,344,000 after buying an additional 1,246,876 shares during the last quarter. Finally, Van ECK Associates Corp increased its holdings in shares of Applied Materials by 16.2% in the 2nd quarter. Van ECK Associates Corp now owns 7,713,599 shares of the manufacturing equipment provider's stock valued at $5,576,932,000 after acquiring an additional 1,073,879 shares during the last quarter. Institutional investors and hedge funds own 80.56% of the company's stock.
Applied Materials Company Profile
(
Get Free Report)
Applied Materials, Inc is a global supplier of equipment, services and software used to manufacture semiconductor chips, flat-panel displays and other advanced electronic products. Its technologies help customers build and enhance materials at the nanoscale, supporting processes such as deposition, etching, inspection, metrology and packaging.
The company's offerings include semiconductor manufacturing systems, process-control and inspection equipment, and services designed to improve the performance, productivity and longevity of production equipment.
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