Applied Materials, Inc.

(NASDAQ Global Select)
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Bullish +55

Applied Materials, Inc. $AMAT Shares Bought by Allspring Global ...

AI-generated analysis

📈 Allspring Global Investments Holdings LLC increased its stake in Applied Materials by 3.0% in Q1, adding 1,926 shares to a total holding of 66,508.

🏦 Vanguard Group Inc. boosted its position by 0.4% in Q4, now owning over 76.7 million shares valued at $19.7 billion.

📊 Capital Research Global Investors significantly raised its stake by 119.8% in Q4, purchasing an additional 17.8 million shares.

💰 Applied Materials reported quarterly earnings of $2.86 per share, surpassing analyst estimates of $2.68.

📈 Revenue reached $7.91 billion for the quarter, exceeding expectations of $7.68 billion and growing 11.4% year-over-year.

🔮 The company provided Q3 2026 earnings guidance ranging from $3.16 to $3.56 per share.

💵 A quarterly dividend of $0.53 per share is scheduled for payment on September 10th, with an ex-dividend date of August 20th.

📉 Insider Prabu G. Raja sold 10,000 shares at an average price of $633.53 in a transaction valued at $6.3 million.

📉 Senior Vice President Timothy M. Deane sold 8,621 shares for approximately $5.1 million on June 15th.

🏢 Total insider selling over the last three months reached 278,088 shares valued at $169.6 million.

Bullish Signals
  • Applied Materials reported earnings per share of $2.86, which topped analyst consensus estimates of $2.68 by $0.18.
  • The company generated revenue of $7.91 billion for the quarter, beating expectations of $7.68 billion and showing an 11.4% year-over-year increase.
  • Major institutional investors including Vanguard Group Inc., Capital Research Global Investors, Morgan Stanley, Norges Bank, and UBS Asset Management all increased their stakes in the company during recent quarters.
  • Applied Materials has set Q3 2026 earnings guidance between $3.16 and $3.56 per share, indicating positive future outlook.
  • The company maintains a strong balance sheet with a quick ratio of 1.80, current ratio of 2.51, and a low debt-to-equity ratio of 0.22.
Risk Factors
  • Insiders sold a total of 278,088 shares valued at $169.6 million in the last three months, including significant sales by Prabu G. Raja and SVP Timothy M. Deane.
  • The stock trades at a P/E ratio of 49.36, which may be considered high relative to historical averages or peers depending on market conditions.
Full Analysis
Allspring Global Investments Holdings LLC increased its stake in Applied Materials, Inc. (NASDAQ:AMAT) by 3.0% during the first quarter, purchasing an additional 1,926 shares to hold a total of 66,508 shares valued at $23.5 million. This move aligns with broader institutional interest, as major investors like Vanguard Group Inc., Capital Research Global Investors, Morgan Stanley, Norges Bank, and UBS Asset Management also boosted their positions in the semiconductor equipment provider during the fourth quarter. Applied Materials recently reported strong quarterly financial results, beating analyst expectations with earnings per share of $2.86 against a consensus of $2.68 and revenue of $7.91 billion versus an expected $7.68 billion. The company achieved a year-over-year revenue increase of 11.4%, demonstrating robust growth in its core business segments. Additionally, the firm has set Q3 2026 guidance between $3.16 and $3.56 per share, signaling continued confidence in future performance. Despite positive institutional accumulation and solid earnings, insider selling activity was noted recently. Prabu G. Raja sold 10,000 shares for approximately $6.3 million, while SVP Timothy M. Deane sold 8,621 shares for about $5.1 million. Collectively, insiders sold over 278,000 shares valued at roughly $169.6 million in the last three months, though they still retain significant ownership stakes.