Journey Retirement Planning & Investment Management LLC Buys 995 Shares of Applied Materials, Inc. $AMAT

by · The Markets Daily

Journey Retirement Planning & Investment Management LLC grew its position in Applied Materials, Inc. (NASDAQ:AMAT – Free Report) by 112.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,877 shares of the manufacturing equipment provider’s stock after purchasing an additional 995 shares during the quarter. Journey Retirement Planning & Investment Management LLC’s holdings in Applied Materials were worth $961,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Dakota Community Bank & Trust NA bought a new stake in shares of Applied Materials during the 3rd quarter worth $31,000. Cypress Asset Management Inc. TX raised its holdings in Applied Materials by 3.4% in the 3rd quarter. Cypress Asset Management Inc. TX now owns 23,950 shares of the manufacturing equipment provider’s stock worth $12,248,000 after acquiring an additional 778 shares during the period. Market Street Wealth Management Advisors LLC raised its holdings in Applied Materials by 4.6% in the 3rd quarter. Market Street Wealth Management Advisors LLC now owns 547 shares of the manufacturing equipment provider’s stock worth $280,000 after acquiring an additional 24 shares during the period. Pacifica Partners Inc. boosted its holdings in Applied Materials by 1.4% during the third quarter. Pacifica Partners Inc. now owns 30,060 shares of the manufacturing equipment provider’s stock valued at $15,903,000 after acquiring an additional 423 shares during the period. Finally, Mn Services Vermogensbeheer B.V. increased its stake in shares of Applied Materials by 1.5% in the third quarter. Mn Services Vermogensbeheer B.V. now owns 234,612 shares of the manufacturing equipment provider’s stock worth $119,976,000 after purchasing an additional 3,400 shares during the period. 80.56% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CAO Adam Sanders sold 725 shares of the company’s stock in a transaction dated 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 owned 3,181 shares of the company’s stock, valued at approximately $1,732,245.36. This represents a 18.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Judy Bruner sold 1,000 shares of the stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $465.00, for a total transaction of $465,000.00. Following the sale, the director owned 25,544 shares of the company’s stock, valued at $11,877,960. This trade represents a 3.77% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 9,225 shares of company stock worth $4,454,181. Corporate insiders own 0.30% of the company’s stock.

Applied Materials News Roundup

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

  • Positive Sentiment: Wall Street coverage remains broadly supportive, with brokers suggesting investors consider Applied Materials. Analyst sentiment can provide near-term support, although the article does not identify a specific rating change or price target. Brokers Suggest Investing in Applied Materials
  • Positive Sentiment: Applied Materials and UCLA Engineering announced a partnership at the EPIC Center to accelerate semiconductor research commercialization. Faster movement from laboratory breakthroughs to high-volume manufacturing could support future equipment demand and strengthen AMAT’s technology ecosystem. Applied Materials and UCLA Engineering Accelerate Semiconductor Innovation
  • Positive Sentiment: Analyst commentary highlights momentum in Applied Materials’ Applied Global Services business, including recurring revenue, AI-enabled services and expected fab demand through 2030. This mix may improve revenue visibility and reduce dependence on equipment shipments. Can Applied Materials Sustain Momentum in Its AGS Business?
  • Positive Sentiment: TSMC’s potential capital spending of up to $64 billion reinforces the outlook for advanced-chip manufacturing investment. A sustained TSMC buildout could translate into additional demand for Applied Materials’ process equipment. TSMC Plans Up to $64 Billion in Capex
  • Neutral Sentiment: Recent comparisons with Qualcomm and Marvell emphasize AMAT’s improving revenue trajectory and AI exposure, while commentary comparing it with Lam Research and KLA presents a bullish investment case. These are valuation and strategy opinions rather than new company results.
  • Negative Sentiment: Applied Materials declined 2.13% in the prior session, underperforming the broader market. A separate report attributed part of the weakness to insider selling, which may weigh on sentiment despite not necessarily changing the company’s operating outlook. Applied Materials Stock Falls After Insider Selling

Applied Materials Price Performance

Shares of AMAT stock traded down $0.11 during trading hours on Friday, hitting $509.46. The company had a trading volume of 1,293,777 shares, compared to its average volume of 7,856,717. Applied Materials, Inc. has a 12 month low of $203.40 and a 12 month high of $739.67. The firm has a market capitalization of $404.31 billion, a price-to-earnings ratio of 43.89, a PEG ratio of 1.45 and a beta of 1.60. The firm’s fifty day moving average is $488.90 and its 200 day moving average is $481.64. 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 (NASDAQ:AMAT – Get Free Report) last posted its earnings results on Thursday, August 13th. The manufacturing equipment provider reported $3.50 EPS for the quarter, topping the consensus estimate of $3.40 by $0.10. The business had revenue of $9.12 billion during the quarter, compared to the consensus estimate of $8.99 billion. Applied Materials had a return on equity of 38.02% and a net margin of 30.05%.Applied Materials’s revenue was up 24.8% on a year-over-year basis. During the same quarter last year, the company earned $2.48 EPS. Applied Materials has set its Q4 2026 guidance at 3.820-4.220 EPS. On average, sell-side analysts predict that Applied Materials, Inc. will post 12.79 EPS for the current fiscal year.

Applied Materials Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Thursday, November 19th will be paid a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Thursday, November 19th. Applied Materials’s payout ratio is currently 18.28%.

Wall Street Analyst Weigh In

AMAT has been the topic of several recent analyst reports. Erste Group Bank downgraded Applied Materials from a “buy” rating to a “hold” rating in a research report on Wednesday, August 5th. KeyCorp boosted their price objective on shares of Applied Materials from $550.00 to $750.00 and gave the stock an “overweight” rating in a report on Monday, June 29th. Mizuho reduced their target price on shares of Applied Materials from $650.00 to $590.00 and set an “outperform” rating for the company in a research note on Tuesday, August 25th. B. Riley Financial reaffirmed a “buy” rating and issued a $700.00 price target (down from $790.00) on shares of Applied Materials in a report on Friday, August 14th. Finally, Citigroup reissued a “buy” rating and set a $710.00 price objective (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 issued a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Applied Materials currently has a consensus rating of “Moderate Buy” and a consensus price target of $640.20.

View Our Latest Analysis on AMAT

Applied Materials Company Profile

(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.

Featured Articles