Applied Materials, Inc. $AMAT Stock: MGO One Seven LLC Decreases Stake

by · The Markets Daily

MGO One Seven LLC cut its holdings in Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 4.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 63,806 shares of the manufacturing equipment provider’s stock after selling 3,107 shares during the period. MGO One Seven LLC’s holdings in Applied Materials were worth $32,629,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of AMAT. Harborfront Financial Group LLC purchased a new stake in shares of Applied Materials in the 2nd quarter worth $27,000. Orion Capital Management LLC bought a new position in Applied Materials in the 2nd quarter worth $33,000. Highland Investment Advisors LLC bought a new position in Applied Materials in the 2nd quarter worth $33,000. BOK Financial Private Wealth Inc. purchased a new position in Applied Materials during the second quarter valued at $41,000. Finally, Curry Webb Wealth Management LLC purchased a new position in Applied Materials during the third quarter valued at $30,000. Hedge funds and other institutional investors own 80.56% of the company’s stock.

Applied Materials Stock Down 7.5%

Shares of AMAT stock opened at $390.09 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.42 and a quick ratio of 1.79. Applied Materials, Inc. has a one year low of $203.40 and a one year high of $739.67. The company’s fifty day moving average price is $457.66 and its 200-day moving average price is $443.63. The company has a market capitalization of $309.58 billion, a price-to-earnings ratio of 33.63, a PEG ratio of 1.09 and a beta of 1.60.

Applied Materials (NASDAQ:AMAT – Get Free Report) last issued its earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 earnings per share for the quarter, topping the consensus estimate of $3.40 by $0.10. Applied Materials had a net margin of 30.05% and a return on equity of 38.02%. The company had revenue of $9.12 billion during the quarter, compared to the consensus estimate of $8.99 billion. During the same quarter in the prior year, the firm posted $2.48 EPS. Applied Materials’s quarterly revenue was up 24.8% compared to the same quarter last year. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. Sell-side analysts expect that Applied Materials, Inc. will post 12.79 EPS for the current fiscal year.

Applied Materials Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Thursday, November 19th will be given a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Thursday, November 19th. Applied Materials’s payout ratio is presently 18.28%.

Insider Activity

In related news, CFO Brice Hill sold 7,500 shares of the stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $479.25, for a total transaction of $3,594,375.00. Following the completion of the sale, the chief financial officer owned 128,613 shares in the company, valued at approximately $61,637,780.25. This trade represents a 5.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Adam Sanders sold 725 shares of Applied Materials stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $544.56, for a total value of $394,806.00. Following the sale, the chief accounting officer directly owned 3,181 shares in the company, valued at $1,732,245.36. This trade represents a 18.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 9,225 shares of company stock worth $4,454,181 over the last ninety days. Corporate insiders own 0.30% of the company’s stock.

More Applied Materials News

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

  • Positive Sentiment: Applied Materials’ planned move to raise its Besi stake to 20% is strengthening its exposure to hybrid bonding, a packaging technology that could benefit from rising AI-chip complexity. TIKR describes a bullish long-term scenario, with a potential price target of approximately $806 versus a roughly $628 Wall Street target. Applied Materials hybrid bonding analysis
  • Positive Sentiment: Recent coverage highlights a quarter with 51% growth and argues that AMAT trades at about 23 times forward earnings, a valuation that may look reasonable if AI-related semiconductor-equipment demand remains strong. The company also recently exceeded earnings and revenue estimates and issued fourth-quarter EPS guidance of $3.82–$4.22. Applied Materials growth and valuation analysis
  • Neutral Sentiment: AMAT is attracting unusually high investor attention, but the Zacks reports primarily review the company’s prospects rather than identify a new fundamental catalyst. Zacks Applied Materials investor attention report
  • Negative Sentiment: Compared with Taiwan Semiconductor Manufacturing, Applied Materials has shown a flatter revenue trajectory and less consistent quarter-over-quarter growth. That comparison may reinforce concerns that AMAT’s elevated valuation already discounts substantial AI-driven demand. Applied Materials versus Taiwan Semiconductor Manufacturing

Wall Street Analysts Forecast Growth

Several research firms have issued reports on AMAT. Sanford C. Bernstein boosted their price target on Applied Materials from $675.00 to $700.00 and gave the company an “outperform” rating in a report on Friday, August 14th. Needham & Company LLC reduced their price target on Applied Materials from $740.00 to $580.00 and set a “buy” rating for the company in a research report on Friday, October 16th. B. Riley Financial reaffirmed a “buy” rating and issued a $700.00 price objective (down from $790.00) on shares of Applied Materials in a research note on Friday, August 14th. Zacks Research cut Applied Materials from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 15th. Finally, Berenberg Bank boosted their price objective on Applied Materials from $575.00 to $675.00 and gave the company a “buy” rating in a research note on Monday, August 17th. Thirty investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, Applied Materials has a consensus rating of “Moderate Buy” and a consensus price target of $632.70.

Read Our Latest Report on AMAT

Applied Materials Company Profile

(Free Report)

Applied Materials, Inc is a technology company that supplies equipment, services and software used to manufacture semiconductors and advanced displays. Its products help customers fabricate the integrated circuits and other components used in computers, mobile devices, data centers, automobiles and a range of connected technologies.

The company’s offerings include systems for materials engineering, wafer fabrication, inspection and process control, along with equipment and services designed to improve manufacturing productivity and yield.

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